Shanti Dave

Untitled

Found at Sothebys, New York
Modern & Contemporary South Asian Art, Lot 56
16. Mar - 16. Mar 2020
Estimate: 5.000 - 7.000 USD
Price realised: 5.250 USD
PROPERTY FROM A PRIVATE COLLECTION, HAWAII
SHANTI DAVE
b. 1931
UNTITLED
Oil and encaustic on canvas
Signed and dated 'Shanti Dave' 68' lower left
42 ¼ x 20 ¼ in. (107.3 x 51.4 cm.)
Painted in 1968
Acquired in Calcutta in the late 1960s | Thence by descent

Auction result well in line with expectations

This work without title by Shanti Dave was sold in the Modern & Contemporary South Asian Art auction at Sothebys in New York in March 2020. The estimated price for the artwork was previously given by the auction house with a range of USD 5,000.00 – 7,000.00, the actual price achieved of USD 5,250.00 (€ 4,760.18) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Shanti Dave achieve. The highest price we have observed so far was reached by the work without title in October 2021 with an auction result of GBP 47,750.00 (€ 56,570.85).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Shanti Dave wurde im März 2020 in der Auktion Modern & Contemporary South Asian Art bei Sothebys in New York versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 5.000,00 – 7.000,00 angegeben, der tatsächlich erzielte Preis von USD 5.250,00 (€ 4.760,18) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Shanti Dave erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Oktober 2021 mit einem Auktionsergebnis von GBP 47.750,00 (€ 56.570,85).

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