Prajakta Palav

Designer Ii

Found at Sothebys, New York
Modern & Contemporary South Asian Art, Lot 584
15. Mar - 15. Mar 2016
Estimate: 6.000 - 8.000 USD
Price realised: 12.500 USD
Prajakta Palav
B. 1979
DESIGNER II
Watercolor, collage, pencil, charcoal, acrylic on paper
81 x 59½ in. (106 x 151 cm.)
Pundole Gallery, Mumbai | Sotheby's New York, 22 September 2006, lot 48

Upper estimate price exceeded by 56 %.

The work Designer Ii by Prajakta Palav was sold in the Modern & Contemporary South Asian Art auction at Sothebys in New York in March 2016. The »bidding war« ended at USD 12,500.00 (€ 10,974.54), 56% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Prajakta Palav - we have observed the highest auction result to date for the work 'A Rikshaw', which sold at auction in May 2008 for GBP 24,500.00 (€ 31,165.07).

Oberer Schätzpreis um 56 % übertroffen

Die Arbeit Designer Ii von Prajakta Palav wurde im März 2016 in der Auktion Modern & Contemporary South Asian Art bei Sothebys in New York versteigert. Das »Bietergefecht« endete beim Preis von USD 12.500,00 (€ 10.974,54) und damit 56% über dem oberen Schätzpreis. Für andere Arbeiten von Prajakta Palav mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit 'A Rikshaw' beobachtet, die im Mai 2008 für GBP 24.500,00 (€ 31.165,07) versteigert wurde.

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