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How a Danish family built an extraordinary collection of modern Indian art
Gunnar and Inger Hansen with their family.Premium
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The name of VS Gaitonde shot into prominence in the global art market in 2013, after an oil painting by the artist fetched ₹20.5 crore at a Christie’s auction in India. The huge interest it generated led to a retrospective at the Solomon R Guggenheim Museum in New York, the following year. Since then, Gaitonde’s work has featured in auctions regularly and sold for impressive sums.
Although critically admired by his contemporaries, Gaitonde’s commercial recognition came much later, almost entirely posthumously. Last month, a painting by him set a world record for Indian art by fetching ₹32 crore at a Pundole’s auction. An upcoming auction by Sotheby’s on 29 September estimates one of his paintings to fetch £1.5-2 million ( ₹15-20 crore). Apart from Gaitonde’s work, the auction features paintings by
The artist s famously sassy cartoon characters command millions of dollars.
February 22, 2021
Yoshitomo Nara. Photo credit: Ryoichi Kawajiri. Courtesy of Pace Gallery and Blum & Poe, Los Angeles/New York/Tokyo.
A small girl in a red dress with one hand hidden behind her back glowers defiantly. Is she a harmless child in the throes of a tantrum, or something more sinister? The simple but cheeky title
Knife Behind Back yields a sobering clue.
The painting, created in 2000 by the Japanese sensation Yoshitomo Nara, soared to a final price of $24.9 million when it was offered at Sotheby’s Hong Kong in October 2019, roughly five times the artist’s previous auction record of around $5 million at the time.