Three impressive works from Maqbool Fida Husain led Sotheby's Modern and Contemporary Art sale in New York yesterday (September 12).
|
Associated with Indian modernism, MF Husain is perhaps India's most prominent artist. A prolific worker, his art has seen a dramatic increase in popularity since his death in June 2011.
The auction's top lot came from an untitled piece, which originated from Husain's renowned Maya series of the 1960s. Against a $500,000-700,000 estimate, it sold for $782,500 - an 11.7% increase.
Another untitled piece, known as Dancers under the Full Moon, provided a superb example of Husain's narrative works, which are unfailingly executed in a cubist style. The piece originated from the collection of the late June and John Lewis and sold 93.6% above its $150,000 high estimate, to bring $290,500.
From the collection of Abe and Jan Weisblat came a bold piece depicting a female figure with a bird resting on her toe. Husain was known for the occasional light-hearted piece, which reflected his eccentric character. Despite holding the lowest estimate of the works offered ($50,000-70,000), the work achieved an impressive increase of 143.5%, selling for $170,500.
Bidders will have more opportunities to bid on Husain's work on September 19-20, when his That Obscure Object of Desire, inspired by his work as a cinema billboard artist, will sell with a $220,000-280,000 in India.
More impressive results were seen at Sotheby's by Syed Haider Raza's Noel, which the artist created in 1959. It sold for $194,500, the third highest price achieved in the auction. Raza became India's most valuable artist in 2010, after Saurashtra sold for nearly $3.5m at Christie's.
Find out why Indian art is being tipped as one of the strongest investments of the coming years.