Ram Kumar

Untitled

Found at Christies, New York
South Asian Modern + Contemporary Art, Lot 758
20. Sep - 20. Sep 2023
Estimate: 7.000 - 9.000 USD
Price realised: 16.380 USD
RAM KUMAR (1924-2018)
Untitled
signed and dated 'Ram Kumar 07' (on the reverse)
acrylic on paper
22 1/8 x 30 in. (56.2 x 76.2 cm.)
Executed in 2007

Upper estimate price exceeded by 82 %.

This artwork by Ram Kumar achieved an unexpectedly high price at Christies in New York in September this year. In the South Asian Modern + Contemporary Art auction, the work without title sold for USD 16,380.00 (€ 15,476.19) - well above the upper estimate of USD 9,000.00. Of course, this price has nothing to do with the top prices that other works by Ram Kumar achieve. The highest price we have observed so far was reached by the work Vagabond in March 2008 with an auction result of USD 1,161,000.00 (€ 734,577.67).

Oberer Schätzpreis um 82 % übertroffen

Dieses Kunstwerk von Ram Kumar erzielte im September diesen Jahres bei Christies in New York einen unerwartet hohen Preis. In der Auktion South Asian Modern + Contemporary Art wurde diese Arbeit ohne Titel für USD 16.380,00 (€ 15.476,19) versteigert – und damit weit über dem oberen Schätzpreis von USD 9.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ram Kumar erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Vagabond im März 2008 mit einem Auktionsergebnis von USD 1.161.000,00 (€ 734.577,67).

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