Satish Gujral
Untitled (Men At Play)
Found at
Christies,
New York (Online Auction)
South Asian Modern + Contemporary Art Online, Lot 32
18. Mar - 18. Mar 2021
South Asian Modern + Contemporary Art Online, Lot 32
18. Mar - 18. Mar 2021
Estimate: 7.000 - 9.000 USD
Price realised: 60.000 USD
Price realised: 60.000 USD
Description
SATISH GUJRAL (1925-2020)
signed in Hindi (upper left); further signed and dated 'Satish Gujral / 2002' (on the reverse)
oil on canvas
42 x 42 in. (106.7 x 106.7 cm.)
Painted in 2002
Please note this lot is the property of a private individual.
Gallery Arts India, New York | Acquired from the above by the present owner, circa 2000s
signed in Hindi (upper left); further signed and dated 'Satish Gujral / 2002' (on the reverse)
oil on canvas
42 x 42 in. (106.7 x 106.7 cm.)
Painted in 2002
Please note this lot is the property of a private individual.
Gallery Arts India, New York | Acquired from the above by the present owner, circa 2000s
Artwork auctioned at six times the upper estimate price
When the work Untitled (Men At Play) by Satish Gujral was auctioned at Christies in New York in March 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 9,000.00 but the actual price achieved was more than six times as high at USD 60,000.00 (€ 51,094.27). However, buyers have had to dig much deeper into their pockets for other works by Satish Gujral - we have observed the highest auction result to date for the work The Despair, which sold at auction in September 2016 for USD 125,000.00 (€ 111,229.76).
Kunstwerk zum Sechsfachen des oberen Schätzpreises versteigert
Als die Arbeit Untitled (Men At Play) von Satish Gujral im März 2021 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 9.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 60.000,00 (€ 51.094,27) mehr als sechsmal so hoch. Für andere Arbeiten von Satish Gujral mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Despair beobachtet, die im September 2016 für USD 125.000,00 (€ 111.229,76) versteigert wurde.
Satish Gujral - Auction history
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