Bhupen Khakhar

The Banyan Tree

Found at Christies, New York
South Asian Modern + Contemporary Art Including Works from the Collection of Mahinder and Sharad Tak, Lot 607
23. Mar - 23. Mar 2022
Estimate: 1.800.000 - 2.500.000 USD
Price realised: 2.460.000 USD
BHUPEN KHAKHAR (1934-2003)
The Banyan Tree
signed and dated in Gujarati (lower right); further titled and signed 'The Banyan Tree / Bhupen Khakhar' (on the reverse)
oil on canvas
69 x 69 in. (175.3 x 175.3 cm.)
Painted in 1994

Auction result well in line with expectations

The work The Banyan Tree by Bhupen Khakhar was sold in the South Asian Modern + Contemporary Art Including Works from the Collection of Mahinder and Sharad Tak auction at Christies in New York in March last year. It changed hands for a price of USD 2,460,000.00 (€ 2,217,614.71) achieving a result in the upper range of the estimate price range of USD 1,800,000.00 – 2,500,000.00. Other works by Bhupen Khakhar have already achieved higher auction prices, for example, in June this year the work Residency Bungalow was auctioned for GBP 1,984,400.00 (€ 2,309,499.96).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit The Banyan Tree von Bhupen Khakhar wurde im März letzten Jahres in der Auktion South Asian Modern + Contemporary Art Including Works from the Collection of Mahinder and Sharad Tak bei Christies in New York versteigert. Dabei wechselte sie für einen Preis von USD 2.460.000,00 (€ 2.217.614,71) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von USD 1.800.000,00 – 2.500.000,00. Andere Arbeiten von Bhupen Khakhar konnten bereits höhere Auktionspreise erzielen, so wurde im Juni diesen Jahres die Arbeit Residency Bungalow für GBP 1.984.400,00 (€ 2.309.499,96) versteigert.

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