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December 8, 2010updated Feb 08, 2013

Saffron Art holds Winter Online auction December 8th and 9th 2010 at saffronart.com

By Pardhasaradhi Gonuguntla

New York, New York – Reported by Radhika Wadhwa for Elite Traveler, the private jet lifestyle magazine

The world’s largest online fine art auction house, Saffronart, will offer 100 artworks by 43 modern and contemporary Indian artists, including paintings, sculptures and installations. Highlights of this sale include modern masters such as S H Raza, F N Souza, Ram Kumar and Akbar Padamsee alongside some of the biggest names in contemporary Indian art like Surendran Nair, Subodh Gupta, Shibu Natesan and N S Harsha.

One of the highlights of the auction is Delhi based artist Arpita Singh’s ‘Wish Dream’. It is estimated to sell for USD 1,860,470-2,325,585. If the bidding meets the estimated price, this price tag will make her the country’s top selling woman artist. ‘Wish Dream’ is a 16-panel mural, each of varying dimensions, ranging from 14 x 49 inches to 63 x 89 inches. Painted in hues of blue, pink and yellow this mural is said to have been inspired by a Tibetan play reflecting Buddhist monastic traditions. Read from the bottom up, the mural has two middle-aged women as pivotal figures, both elevated to Goddess like beings who direct the imagination of the artists view and the other characters in the painting.

Explaining the symbolism of the work, Singh says, “The mural shows the wishes and dreams of a woman within our society and how it progresses and how it’s related to other women through ritual. The most important ritual is wedding, so you’ll find a woman standing and from behind, two hands of a man holding her. I don’t like to keep space empty, so I fill it up with objects I see everyday. When I gather everything together, the whole pattern is meaningful. Individual forms are not very important to me.”

Commenting on the valuation and importance of the mural, Dinesh Vazirani, co-founder and CEO, Saffronart said, “It’s the rarity of the work that determines its value. This is one of the most significant and largest works by any woman artist at any auction ever. It’s not a work that any artist will do again in their lifetime.”

The auction will take place online on saffronart.com, where you can now view the online catalogue. Collectors can also place bids via Blackberry and iPhone applications. In addition to publishing a print catalogue to accompany the online sale, preview events have been scheduled at Saffron Art’s galleries in London, New York and Mumbai and New Delhi.

The most recent Saffronart online art auction was held in September 2010 and featured 90 works by 45 modern and contemporary Indian artists. The sale closed at a total value of USD 6.4 million. Saffronart’s online auction of Fine Jewels & Watches, held on October 2010, features 196 lots and raised USD 658,000.

Saffron art Winter Catalogue, “With ten years of experience in auctioning Indian art online, Saffronart is committed to serving the growing community of Indian collectors as well as the international community at large. Providing a platform that enables access to view, purchase and become involved in the development of Indian art, jewelry and since April 2010 Prime Properties in India globally.”

www.saffronart.com

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