Bhupen Khakhar
Residency Bungalow
Estimate: 250.000 - 350.000 GBP
Price realised: 1.984.400 GBP
Price realised: 1.984.400 GBP
Description
Property from the Estate of Robert & Janice Shaw
Bhupen Khakhar (Indian, 1934-2003)
Residency Bungalow
signed and dated in Gujarati 'Bhupen 69' centre right; further signed 'A. Gupta 30/5/1969 Bhupen' and titled 'Residency Bungalow' (sic) verso
oil on canvas, framed
130.5 x 122.5cm (51 3/8 x 48 1/4in).
Acquired by Robert & Janice Shaw from India in the early 1970s.
Bhupen Khakhar (Indian, 1934-2003)
Residency Bungalow
signed and dated in Gujarati 'Bhupen 69' centre right; further signed 'A. Gupta 30/5/1969 Bhupen' and titled 'Residency Bungalow' (sic) verso
oil on canvas, framed
130.5 x 122.5cm (51 3/8 x 48 1/4in).
Acquired by Robert & Janice Shaw from India in the early 1970s.
A top price for Bhupen Khakhar
When the work Residency Bungalow by Bhupen Khakhar was auctioned at Bonhams in Hong Kong in June this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 350,000.00 but the actual price achieved was more than five times as high at GBP 1,984,400.00 (€ 2,309,499.96). This high result makes Residency Bungalow the most expensive artwork by Bhupen Khakhar that we have observed at auctions so far.
Ein Spitzenpreis für Bhupen Khakhar
Als die Arbeit Residency Bungalow von Bhupen Khakhar im Juni diesen Jahres bei Bonhams in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 350.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 1.984.400,00 (€ 2.309.499,96) mehr als fünfmal so hoch. Dieses hohe Ergebnis macht Residency Bungalow zu dem teuersten Kunstwerk von Bhupen Khakhar, das wir bisher bei Auktionen beobachtet haben.
Bhupen Khakhar - Auction history
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