Shanti Panchal

Setting Sun

Found at Christies, London
INDIAN AND ISLAMIC WORKS OF ART, Lot 528
15. Oct - 15. Oct 2004
Estimate: 5.000 - 7.000 GBP
Price realised: 5.975 GBP
SHANTI PANCHAL (INDIA B. 1951)
SETTING SUN
Watercolour on paper, signed and dated in Gujarati 'Shanti Panchal 97' (upper right), framed and glazed -- 102 x 76cm.

A top price for Shanti Panchal - as previously expected

In October 2004 Christies in London held the auction INDIAN AND ISLAMIC WORKS OF ART, which included the work Setting Sun by Shanti Panchal. The price achieved of GBP 5,975.00 (€ 8,599.67) was within expectations - the estimate range had previously been set by the auction house as GBP 5,000.00 – 7,000.00. Even if this result could not surprise positively, Setting Sun is the most expensive artwork by Shanti Panchal that we have observed at auctions so far.

Ein Spitzenpreis mit Ansage

Im Oktober 2004 führte Christies in London die Auktion INDIAN AND ISLAMIC WORKS OF ART durch, in der auch die Arbeit Setting Sun von Shanti Panchal zur Versteigerung kam. Der dabei erzielte Preis von GBP 5.975,00 (€ 8.599,67) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 5.000,00 – 7.000,00 angegeben worden. Auch wenn das Ergebnis damit nicht positiv überraschen konnte, ist Setting Sun das teuerste Kunstwerk von Shanti Panchal, das wir bisher bei Auktionen beobachtet haben.

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