Raja Ravi Varma

Untitled (Swami Vishvamitra In Meditation)

Found at Sothebys, New York
Modern & Contemporary South Asian Art, Lot 31
16. Mar - 16. Mar 2020
Estimate: 700.000 - 900.000 USD
Price realised: 860.000 USD
PROPERTY FROM A PRIVATE AMERICAN COLLECTION
RAJA RAVI VARMA
1848 - 1906
UNTITLED (SWAMI VISHVAMITRA IN MEDITATION)
Oil on canvas
Signed and dated 'Ravi Varma / 1897' lower left
30 ¼ x 24 in. (76.8 x 60.9 cm.)
Painted in 1897
Collection of Fritz Schleicher | Thence by descent to Mrs. Lotti Schleicher Singh | Acquired by a private collector in Denmark | Sothebys London, 8 June 2000, lot 110 | Fritz Schleicher was a German printer from Berlin, who managed the 'Ravi Varma Oleographic and Chromolithographic Printing Workshop' and later bought the printing press from Ravi Varma in 1903.

Auction result well in line with expectations

The work Untitled (Swami Vishvamitra In Meditation) by Raja Ravi Varma was sold in the Modern & Contemporary South Asian Art auction at Sothebys in New York in March 2020. It changed hands for a price of USD 860,000.00 (€ 779,762.44) achieving a result in the upper range of the estimate price range of USD 700,000.00 – 900,000.00. However, buyers have had to dig much deeper into their pockets for other works by Raja Ravi Varma - we have observed the highest auction result to date for the work Untitled (Damayanti), which sold at auction in March 2017 for USD 1,692,500.00 (€ 1,582,071.42).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (Swami Vishvamitra In Meditation) von Raja Ravi Varma wurde im März 2020 in der Auktion Modern & Contemporary South Asian Art bei Sothebys in New York versteigert. Dabei wechselte sie für einen Preis von USD 860.000,00 (€ 779.762,44) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von USD 700.000,00 – 900.000,00. Für andere Arbeiten von Raja Ravi Varma mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Untitled (Damayanti) beobachtet, die im März 2017 für USD 1.692.500,00 (€ 1.582.071,42) versteigert wurde.

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