The sale of Modern & Contemporary South Asian Art totaled $6,663,875, well within the pre-sale estimate of $5.3/7.8 million. The top lot of the sale was the cover lot, Painting No. 3, an ethereal work from 1962 by Vasudeo S. Gaitonde, which fetched $2,517,000 (est. $2/3 million). Gaitonde will be the subject of a major retrospective at the Guggenheim Museum in New York this autumn, making him one of the first Modern Indian artists to be honored with a retrospective in the United States.
This March, Sotheby’s auction of Modern & Contemporary South Asian Art will be led by Vasudeo S. Gaitonde’s sublime Painting No 3. that belongs to the artist’s most important series showing his early experimentations with Abstract Expressionism. Works by leading Modernists including Francis Newton Souza, Maqbool Fida Husain, Manjit Bawa, Bhupen Khakhar, and Jagdish Swaminathan will also be featured. The sale will additionally include a dynamic selection of works by leading contemporary artists from India and Pakistan including Seher Shah, Subodh Gupta, Ravinder Reddy, and Jitish Kallat.
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