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Jitish Kallat - Universal Recipient

Jitish Kallat

Universal Recipient

Found at Sothebys, New York
Modern & Contemporary South Asian Art, Lot 1413
18. Mar - 18. Mar 2015
Estimate: XX.XXX
Price realised: XX.XXX
Jitish Kallat(b.1974)
UNIVERSAL RECIPIENT
Titled 'Universal Recipient' upper right
Acrylic and metallic paint on canvas, with two bronze supports
94¾ by 68 in. (239.5 by 173 cm.); Bronze support: 15 ¾ by 11⅞ by 16 ½ in. (40 by 30 by 42 cm.)
Painted in 2008-2009
Acquired from Haunch of Venison, London

Auction result well in line with expectations

In March 2015 Sothebys in New York held the auction Modern & Contemporary South Asian Art, which included the work Universal Recipient by Jitish Kallat. The price achieved of USD 50,000.00 (€ 46,550.60) was within expectations - the estimate range had previously been set by the auction house as USD 40,000.00 – 60,000.00. Admittedly, works by Jitish Kallat have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Untitled (Eclipse)- 5 in November 2010 with an auction result of HKD 2,780,000.00 (€ 274,673.21).

Auktionsergebnis im Rahmen der Erwartungen

Im März 2015 führte Sothebys in New York die Auktion Modern & Contemporary South Asian Art durch, in der auch die Arbeit Universal Recipient von Jitish Kallat zur Versteigerung kam. Der dabei erzielte Preis von USD 50.000,00 (€ 46.550,60) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 40.000,00 – 60.000,00 angegeben worden. Freilich wurden Arbeiten von Jitish Kallat auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Untitled (Eclipse)- 5 im November 2010 mit einem Auktionsergebnis von HKD 2.780.000,00 (€ 274.673,21).

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