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Gaitonde painting breaks world record for Indian art | Gaitonde painting breaks world record for Indian art |
(about 3 hours later) | |
An oil painting by an Indian artist has sold for 239m rupees ($4.4m; £2.9m) at a Christie's auction in Mumbai, setting a new world record for Indian art. | |
Vasudeo S. Gaitonde's untitled painting from 1995 was bought by an anonymous buyer, the auction house said. | Vasudeo S. Gaitonde's untitled painting from 1995 was bought by an anonymous buyer, the auction house said. |
The previous record was $4.01m for a work by Goan artist Francis Newton Souza. | The previous record was $4.01m for a work by Goan artist Francis Newton Souza. |
Gaitonde, who died in 2001, is considered one of India's greatest abstract painters. | Gaitonde, who died in 2001, is considered one of India's greatest abstract painters. |
"It achieved a world record for any Indian work of art sold at auction," Christie's International Head of World Art William Robinson said. | "It achieved a world record for any Indian work of art sold at auction," Christie's International Head of World Art William Robinson said. |
The auction on Tuesday was the third for Christie's in India. | The auction on Tuesday was the third for Christie's in India. |