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Tyeb painting sold for record ₹61.8 crore in live auction
Hindustan Times West UP
|April 06, 2025
A 37" x 41.5" oil on canvas painted by one of India's foremost modernists Tyeb Mehta in 1956 sold for ₹61.8 crore, setting a new world record for the late artist in his birth centenary year at the SaffronArt live auction held on Wednesday.
NEW DELHI: The painting titled Trussed Bull, belonged to the Tyeb Mehta Foundation, and was put up for auction by the artist's wife, Sakina Mehta, who is based in Mumbai.
The two-day auction also set a world record for the highest value sale of South Asian art at an auction, achieving a total sales value of ₹245 crore ($29 million), a representative of the auction house said.
The sale on day one itself exceeded the recent Christie's South Asian Modern and Contemporary Art held last month where a painting by M.F. Husain sold for a record ₹118 crore, the highest price ever achieved for any work of Modern Indian art at a public auction. The total sale value for the auction held in New York on March 19 was $24,864,316 or ₹212.10 crore.
यह कहानी Hindustan Times West UP के April 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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