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Krishnaji Howlaji Ara - Untitled

Krishnaji Howlaji Ara

Untitled

Found at Christies, New York
South Asian Modern + Contemporary Art, Lot 288
12.Sep - 12.Sep.2018
Estimate: XX.XXX
Price realised: XX.XXX
signed 'ARA' (lower right)
gouache on paper
20 ¾ x 28 in. (52.6 x 71.1 cm.)
Gifted by the artist to Lieutenant Colonel R. S. Nandal | Thence by descent to Aditya Nandal, New Delhi | Acquired from the above by the present owner

Upper estimate price exceeded by 33 %.

In September 2018 Christies in New York held the auction South Asian Modern + Contemporary Art, which included this untitled work by Krishna Hawlaji Ara. The »bidding war« ended at USD 10,625.00 (€ 9,142.14), 33% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Krishna Hawlaji Ara achieve. The highest price we have observed so far was reached by the work without title in March 2006 with an auction result of USD 240,000.00 (€ 197,709.86).

Oberer Schätzpreis um 33 % übertroffen

Im September 2018 führte Christies in New York die Auktion South Asian Modern + Contemporary Art durch, in der auch diese Arbeit ohne Titel von Krishna Hawlaji Ara zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 10.625,00 (€ 9.142,14) und damit 33% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Krishna Hawlaji Ara erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im März 2006 mit einem Auktionsergebnis von USD 240.000,00 (€ 197.709,86).

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