Raghav Babbar

The Bath in Holy River

Found at Phillips, London Auction
20th Century & Contemporary Art Evening Sale, Lot 46
13. Oct - 13. Oct 2023
Estimate: 30.000 - 50.000 GBP
Price realised: 457.200 GBP
signed ‘BABBAR Raghav Babbar BABBAR’ on the reverse
oil on canvas
101.8 x 76.2 cm (40 1/8 x 30 in.)
Painted in 2021.

Artwork auctioned at nine times the upper estimate price

When the work The Bath in Holy River by Raghav Babbar was auctioned at Phillips in London in October this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 50,000.00 but the actual price achieved was more than nine times as high at GBP 457,200.00 (€ 524,992.62). Despite this good result, it is not the highest hammer price for an artwork by Raghav Babbar; that achieved among the auctions we observed the lot Off Duty sold at auction in December last year with the realized price of HKD 5,040,000.00 (€ 603,970.84).

Kunstwerk zum Neunfachen des oberen Schätzpreises versteigert

Als die Arbeit The Bath in Holy River von Raghav Babbar im Oktober diesen Jahres bei Phillips in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 50.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 457.200,00 (€ 524.992,62) mehr als neunmal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Raghav Babbar; den erzielte unter den von uns beobachteten Auktionen die Arbeit Off Duty im Dezember letzten Jahres mit dem Hammerpreis von HKD 5.040.000,00 (€ 603.970,84).

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