Saturday, April 2, 2011

Padamsee''s ''reclining nude'' sets Rs 6.3 cr auction record at Sotheby's


Indian modernist painter Akbar Padamse set a new auction record with his untitled work fetched Rs 6.3 crore (USD 1,426,500) in a New York sale by Sotheby's on March 25.Padamsee's 10x3ft painting of a reclining nude drawn from his 'grey period' of work in the 1959-60 when the artist returned to India after an eight-year-old stay in Paris was sourced from a private collection in the United State, reported the auction house.The sale was part of the Modern and contemporary South Asian Art held in New York on March 25 which realised a total of USD 4,028,250.Padamsee's work gains prominence as there are only three other works of the artist in the grey series. One was bought by artist M F Husain which has been subsequently lost and the remaining is with artist Kishen Khanna and filmmaker Bal Chhabda.The Untitled (Reclining Nude) had travelled to North America, where it was exhibited at the Museum of Modern Art in Montreal in 1960 and subsequently entered a US private collection where it had remained until now.

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