Osian’s to auction Tagore, Husain works on June 23

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After paintings by Nobel laureate Rabindranath Tagore were snapped up for a record £1.6 million in Sotheby’s recent London auction, another upcoming auction is including art by the Tagores in its repertoire of rare and historical works by modern masters. “101 Rare Artworks from the History of Indian Modern and Contemporary Art” by Osian’s — Connoisseurs of Art is scheduled to take place on June 23 in Mumbai in June.
Tagged between Rs 24 to Rs 35 crores, the 101 works of art include modern masters such as the Tagores, Nandalal Bose, Jamini Roy, F.N. Souza, S.H. Raza, Ganesh Pyne, Tyeb Mehta, M.F. Husain, V.S. Gaitonde, J. Swaminathan, Rameshwar Broota, Jogen Chowdhury, and Bhupen Khakhar.
A few works by contemporary artists such as Atul Dodiya, Anju Dodiya and Subodh Gupta also figure in sales by the auction house which is marking its 10th year of operations.
Commenting on the auction and the market in general, Neville Tuli, founder-chairman Osian’s says, “As the market slowly consolidates, a sustained and much deeper growth is now expected over the next 12 to 18 months, as the long term stability of Indian art and its short term liquidity problems are better understood by the market.”
“This will lead to a more sustainable appreciation, especially regarding the high quality works by our modern masters.”
A very rare watercolour on paper from the Chaitanya Series by Gaganendranath Tagore has been pegged between Rs 1,800,000 — Rs 2,700,000.
Other auction highlights include an oil on canvass Italian Landscape by F.N. Souza (1961) estimated between Rs 9,000,000 — Rs 13,500,000.