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Tyeb Mehta - Diagonal XV

Tyeb Mehta

Diagonal XV

Found at Christies, New York
South Asian Modern + Contemporary Art, Lot 259
12.Sep - 12.Sep.2018
Estimate: XX.XXX
Price realised: XX.XXX
signed and dated 'Tyeb 75' (on the reverse); further inscribed, titled and dated 'TYEB MEHTA (23) DIAGONAL XV 170 x 131 CMS 1975 OIL' (on artist label on the reverse)
oil on canvas
66 x 51 in. (167.6 x 129.5 cm.)
Painted in 1975
Gallery Chemould, Mumbai | Formerly in the Collection of Richardson Hindustan (now Procter & Gamble), Mumbai | The Collection of Gurcharan Das, New Delhi

Auction result misses estimated price range

This work of art by Tyeb Mehta could be acquired at Christies in New York in September 2018 for an unexpectedly low price. In the South Asian Modern + Contemporary Art auction, the work Diagonal XV changed hands for USD 1,392,500.00 (€ 1,198,158.66) - missing the lower end of the estimate range of USD 1,500,000.00 – 2,000,000.00. However, buyers have had to dig much deeper into their pockets for other works by Tyeb Mehta - we have observed the highest auction result to date for the work Durga Mahisasura Mardini, which sold at auction in November 2018 for INR 204,875,000.00 (€ 2,587,399.54).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Tyeb Mehta konnte im September 2018 bei Christies in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion South Asian Modern + Contemporary Art wechselte die Arbeit Diagonal XV für USD 1.392.500,00 (€ 1.198.158,66) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 1.500.000,00 – 2.000.000,00. Für andere Arbeiten von Tyeb Mehta mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Durga Mahisasura Mardini beobachtet, die im November 2018 für INR 204.875.000,00 (€ 2.587.399,54) versteigert wurde.

Tyeb Mehta - Auction history

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