Christie’s India auction set to debut in Mumbai on Dec 19

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Christie’s India auction set to debut in Mumbai on Dec 19
TOP NOTCH: A Christie’s auction in Shanghai on September 26
Global fine arts auction house Christie’s will now hold its auction in India for the first time. The auction, to be held in Mumbai on December 19, showcases Indian modern masters such as MF Husain, Rabindranath Tagore and Amrita Sher-Gil as well as some contemporary pieces.

The highlights of the auction include Tyeb Mehta's bold Mahishasura, a painting of the goddess Durga battling a buffalo demon, which has a target price of between $1.2 and $1.8 million.

Christie’s has billed these masterpieces as “national art treasures”. “Works by this group are deemed of such national importance to Indian culture that they are non-exportable and when sold, must remain in India. Therefore, we have decided to hold this auction here,” a top official told Financial Chronicle.

The auction will also showcase Rabindranath’s Untitled Works that feature images of fantastical birds, among others, with estimated sale price of $243,000 - $405,000. Works by Abanindranath and Gaganendranath Tagore will also be included in the sale with Gaganendranath’s Untitled (featuring woman on a staircase), a water-colour from the 1920s, estimated at $16,200-$24,300.

Steven Murphy, CEO Christie’s said, “This sale marks a major milestone in our company’s history, a history that spans nearly two and a half centuries. Whilst Christie’s has had a representative presence in India for almost 20 years, we are excited and proud to finally host our auction here.”

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