The timeless appeal of S H Raza: 'Tapovan' painting sets auction record
What is it about Raza that has constantly captured collectors' attentions and ensured that he has a queue of buyers?
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S H Raza’s Tapovan, which recently fetched ~293 million at a Christie’s sale in New York
When, this week, S H Raza breached his own earlier record at auction house Christie’s sale in New York to grab a headline-making Rs 293 million for a 1972 painting, Tapovan, it showed once again the scarcity of marquee names Indian art has nurtured. While names in the top category in the West continue to throw up endless choices and surprises, in India they have rarely moved away from the triumvirate of F N Souza, V S Gaitonde and S H Raza — and no, M F Husain is not part of the club — with the latter two now claiming the top slot depending on the exchange rate.
What is it about Raza that has constantly captured collectors’ attentions and ensured that he has a queue of buyers? At the two recent auctions in New York, both Christie’s and Sotheby’s had top billing for his works, and in both cases (and reminding one of the popular Mad series “Spy vs Spy”), both chose not to put a public estimate to his billed works, Sotheby’s for Ville Provençale and Christie’s for Tapovan. It is a rare occasion when an auction house will not place an estimate to guide buyers, and the reasons for it are tri-fold — that the consigner does not want to put off interest by publicly placing an exceptionally high value on the work; that, contrarily, the lack of an estimate logically points to outstanding quality and creates a desirable controversy around price and value; or that there might already be private interest in the work and a sale can be guaranteed.
What is it about Raza that has constantly captured collectors’ attentions and ensured that he has a queue of buyers? At the two recent auctions in New York, both Christie’s and Sotheby’s had top billing for his works, and in both cases (and reminding one of the popular Mad series “Spy vs Spy”), both chose not to put a public estimate to his billed works, Sotheby’s for Ville Provençale and Christie’s for Tapovan. It is a rare occasion when an auction house will not place an estimate to guide buyers, and the reasons for it are tri-fold — that the consigner does not want to put off interest by publicly placing an exceptionally high value on the work; that, contrarily, the lack of an estimate logically points to outstanding quality and creates a desirable controversy around price and value; or that there might already be private interest in the work and a sale can be guaranteed.
S H Raza’s Tapovan, which recently fetched Rs 293 million at a Christie’s sale in New York