Vasudeo S Gaitonde sets a new record in art auction, yet again

Just two weeks after he fetched Rs 32 crore (hammer price) at Pundole's, his Untitled painting drew Rs 35.5 crore at the Saffronart auction on September 17 - setting two records

However much a cliché the tale of a garreted artist, his penurious lifestyle and posthumous success may appear, people lap it up when it comes with caveats such as record-breaking prices. Validation for Vasudeo S Gaitonde, whose work has constantly bettered its own benchmarks at auctions two decades after he died of ill-health and poverty in New Delhi, has put his practice in the spotlight. Just two weeks after he fetched Rs 32 crore (hammer price) at Pundole’s, his Untitled painting drew Rs 35.5 crore (inclusive of buyer’s premium) at the Saffronart auction on September 17 — setting two records,