Browsing: Christie’s

Do you have a few extra million dollars lying around? Did you just pick up the phone and bid $39 ,323,750 on a diamond? No? Well, someone did!
An anonymous collector bidding by phone just parted with $ 39.3 million at Christie’s. This was no ordinary sparkler – a rare 34.65 carat Fancy Intense Pink diamond named the Princie, which originated from the ancient Golconda mines in India.
It is the most expensive diamond ever sold at Christie’s – or in the US.

Art

Sometimes you buy a piece of contemporary Indian art and get a love story too in the bargain! Cinq Sens (Five Senses) by M. F. Husain is a powerful work originally gifted by the artist many, many years ago to film director Roberto Rossellini and his Bengali wife, Sonali Dasgupta.
It was a love match he helped bring about, for at that time Rossellini was married to the noted actress Ingrid Bergman and Sonali was the wife of a documentary film-maker in Calcutta. The painting is estimated at $500,-700,000 and is being auctioned by Sotheby’s, and here’s the story behind it.UPDATE – IT SOLD FOR $782,500

Art

Contemporary Indian art is certainly the comeback kid if the March auction results at Christies, Sotheby’s and the online auction house Saffronart are any indication. The sales revealed a healthy appetite amongst collectors for buying the best of Indian modern and contemporary art after the slowdown experienced immediately after the economic downturn.

If brainpower, great looks, accomplishments and sheer good intentions could be harnessed for solar energy, then you’d have quite a surplus at the AIF Awards Spring Gala held in the grand ballroom of Manhattan’s Hilton Hotel.

A quick glance of the crowded cocktail circuit and you spotted famous faces including Adi and Parmeshwar Godrej, Salman Rushdie, Richard Gere, Karan Johar and Madhur Jaffrey mingling with the brightest and most powerful of New York’s Indian-American corporate czars and entrepreneurs. Just the bold face names would have been enough to cause a surge in the NASDAQ numbers!

Art

Recession? What recession?

An untitled painting by M.F. Husain just sold in auction in New York for over a cool million dollars – $1,058,500 to be exact, over five times the estimated price. ‘Gestation’ by H.S. Raza, which was estimated at $600,000 – 800,000, fetched $ 1,202,500. An untitled Manjit Bawa sold for $602,500, double the pre-sale estimate.

Contemporary Indian art is certainly the comeback kid if the auction results at Christies, Sotheby’s and the online auction house Saffronart are any indication.

Art

Looking at those powerful images, I was reminded of an evening many years ago spent interviewing Francis Newton Souza in his rundown Manhattan apartment. Art was everywhere and not a spot to sit on, until he pointed to a big bundle of magazine covers with his bold pen-work on it. Quite irreverently he commanded ‘Just sit on it!’ – and I did.