Sotheby’s South Asian Art Sale Brings a Total of 5.5 Million Pounds

LONDON.- Today in London, Sotheby’s sale of South Asian Art brought an exceptional total of £5,465,550, well above the pre-sale expectations of £2,739,500-3,912,500 and a figure that is more than double the sum realised for the equivalent sale at Sotheby’s London last summer. The sale was 90% sold by value and 78% sold by lot. Furthermore, 81% of the lots that were sold in the sale achieved prices above their pre-sale high estimate. The group of 12 paintings by Rabindranath Tagore – presented for sale by the Dartington Hall Trust, a charitable organisation based in South Devon in the UK – were the undoubted star of the show. The group, which had been the subject of considerable interest, both from India and around the world, brought a combined total of £1,599,000, considerably more than the £250,000 that had been expected. All 12 Tagore paintings soared above their estimates but the highest selling work of t

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