MF Husain painting fetches $13.8 million, becomes most expensive modern Indian art
The sale, which took place at a Christie auction in New York on 19 March, nearly doubles the previous record-holder, Amrita Sher-Gil's 1937 "The Story Teller", which fetched around USD 7.4 million (Rs 61.8 crore) at an auction in Mumbai in 2023.
PTI
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MF Husain's Untitled (Gram Yatra), billed as one of his most important and sizable works from the 1950s, went for USD 13.8 million at an auction, setting the new record for the most expensive work of modern Indian art
NEW DELHI, 20 MAR
Legendary painter MF Husain's Untitled (Gram Yatra), billed
as one of his most important and sizable works from the 1950s, went for USD
13.8 million (over Rs 118 crore) at an auction, setting the new record for the
most expensive work of modern Indian art.
The sale, which took place at a Christie auction in New York
on 19 March, nearly doubles the previous record-holder, Amrita Sher-Gil's 1937
"The Story Teller", which fetched around USD 7.4 million (Rs 61.8
crore) at an auction in Mumbai in 2023.
Comprising 13 unique panels that occupy almost 14 feet
across a single canvas, Gram Yatra, which means ‘village pilgrimage', is widely
regarded as a cornerstone of Husain's oeuvre, celebrating the diversity and
dynamism of a newly independent nation.
"We are thrilled to have been a part of setting a new
benchmark value for the work of Maqbool Fida Husain and the entire category.
This is a landmark moment and continues the extraordinary upward trajectory of
the Modern and Contemporary South Asian Art market," Nishad Avari, head of
Christie's South Asian Modern and Contemporary Art, said in a statement.
The 1954 painting, which left India the same year, remained
largely unseen since its acquisition by the Ukrainian-born Norway-based doctor
Leon Elias Volodarsky, who was in Delhi to establish a thoracic surgery
training centre for the World Health Organization (WHO).
Volodarsky bequeathed the painting to Oslo University
Hospital in 1964. The proceeds of the sale will support the training of future
generations of doctors at the institution.
Previously, Husain's most expensive painting, Untitled
(Reincarnation), was sold for USD 3.1 million (approximately Rs 25.7 crore) in
London last year.
Born on September 17, 1915 in Pandharpur in Maharashtra,
Husain remains one of India’s most important and sought after artists whose
oeuvre inspires art and conversations across the globe.
An avid reader of history and mythology and Indian culture,
a large part of Husain’s art includes paintings of gods and goddesses in the
context of the politics of the time, works that put him in the crosshairs of
controversy.
With FIRs and persistent death threats, Husain was forced
into self-exile, staying in Dubai and travelling to New York and London, where
he died on 9 June, 2011 at the age of 95, leaving behind a prodigious body of
work.
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