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Paramjit Singh - The Blue Rock 

Paramjit Singh

The Blue Rock 

Found at Sothebys, New York
Modern & Contemporary South Asian Art, Lot 121
16. Mar - 16. Mar 2017
Estimate: XX.XXX
Price realised: XX.XXX
Paramjit Singh
B. 1935
THE BLUE ROCK 
Signed and dated 'PARAMJIT SINGH / 74' upper left and further signed, dated and titled 'PARAMJIT SINGH / NOV.74 / 'The Blue Rock' on reverse 
Oil on canvas 
42⅛ x 33⅞ in. (107.1 x 86 cm.)
Painted in 1974 
Acquired by Cecil J. Olmstead, Jr. from Dhoomimal Gallery, New Delhi in January 1975 | Thence by descent | Mr. Olmstead was a preeminent international lawyer recognized as one of America’s leading authorities on international law, trade and arbitration. He was named a Commander of the Most Excellent Order of the British Empire (CBE, Hon.) by Queen Elizabeth II in 1990 in recognition of his contribution to the field. He acquired this work in

Upper estimate price exceeded by 63 %.

The work The Blue Rock  by Paramjit Singh was auctioned at Sothebys in New York in March 2017. It achieved a price of USD 32,500.00 (€ 30,379.51), exceeding the upper end of the estimate range by 63%. Despite this good result, it is not the highest hammer price for an artwork by Paramjit Singh; that achieved among the auctions we observed the lot 'Distant Plains' sold at auction in May 2007 with the realized price of GBP 38,400.00 (€ 56,508.20).

Oberer Schätzpreis um 63 % übertroffen

Die Arbeit The Blue Rock  von Paramjit Singh kam im März 2017 bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 32.500,00 (€ 30.379,51) und übertraf damit das obere Ende der Schätzpreisspanne um 63%. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Paramjit Singh; den erzielte unter den von uns beobachteten Auktionen die Arbeit 'Distant Plains' im Mai 2007 mit dem Hammerpreis von GBP 38.400,00 (€ 56.508,20).

Paramjit Singh - Auction history

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