Ram Kumar
Untitled (Set of Two)
Estimate: 24.000 - 36.000 USD
Price realised: 32.760 USD
Price realised: 32.760 USD
Description
Property from a Private Collection, Ohio
Ram Kumar
1924 - 2018
Untitled (Set of Two)
Acrylic on canvas
Signed and dated 'Ram Kumar 97' on reverse
14 ½ x 17 ½ in. (36.8 x 44.4 cm.) each
Painted in 1997
Quantity: 2
Acquired in New Delhi circa 1990s
Ram Kumar
1924 - 2018
Untitled (Set of Two)
Acrylic on canvas
Signed and dated 'Ram Kumar 97' on reverse
14 ½ x 17 ½ in. (36.8 x 44.4 cm.) each
Painted in 1997
Quantity: 2
Acquired in New Delhi circa 1990s
Auction result well in line with expectations
In March last year Sothebys in New York held the auction Modern & Contemporary South Asian Art, which included the work Untitled (Set of Two) by Ram Kumar. The price achieved of USD 32,760.00 (€ 29,532.14) was within expectations - the estimate range had previously been set by the auction house as USD 24,000.00 – 36,000.00. Of course, this price has nothing to do with the top prices that other works by Ram Kumar achieve. The highest price we have observed so far was reached by the work Vagabond in March 2008 with an auction result of USD 1,161,000.00 (€ 734,577.67).
Auktionsergebnis im Rahmen der Erwartungen
Im März letzten Jahres führte Sothebys in New York die Auktion Modern & Contemporary South Asian Art durch, in der auch die Arbeit Untitled (Set of Two) von Ram Kumar zur Versteigerung kam. Der dabei erzielte Preis von USD 32.760,00 (€ 29.532,14) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 24.000,00 – 36.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ram Kumar erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Vagabond im März 2008 mit einem Auktionsergebnis von USD 1.161.000,00 (€ 734.577,67).