South Asian Contemporary Art
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Place of Origin: South Asian
Paresh Maity Watercolor on Board, Encounter I
Located in Dallas, TX
Presenting a glorious contemporary piece of Art by a recognized Indian Master – Paresh Maity Watercolor on Board – Encounter I.
This piece has impeccable Provenance!
It was purchased by a Private Dallas Collector at Sotheby’s New York Auction on 18th September 2008. Lot No. 74.
Sotheby’s operate a twice yearly auction of Southeast Asian Art & Antiquities in New York in the months of March and September.
This sale was titled “Modern & Contemporary Indian Art”.
The Lot consisted of a Group of 3 Watercolors by Babu Xavier, Paresh Maity and Ranjit Kurmi. (b.1960, b.1965, b.1970) Three Untitled Works.
Signed and dated ‘Paresh Maity ’02 lower right, watercolor and ink on paper. …. 5.6 x 3.6 (14 x 9 cm)”.
Exhibited: Herbert F. Johnson Museum of Art, Modern Indian Art, Cornell University, Ithaca, April 8 – June 11 2006.
The Provenance is given as: “Property of Private Maryland Collectors”.
The 3 watercolors carried an Auction estimate of USD 3,000 to USD 4,000 and Sold for USD 4,000 (not including Buyers Premium).
Allowing for inflation alone this would be over $7,000 in today’s value.
We have this watercolor by Paresh Maity and (listed separately) the Babu Xavier watercolor, but not the Ranjit Kurmi watercolor.
As an added bonus and proof of authenticity the painting still retains it’s original Sotheby’s Lot No. Label.
It has substantially increased in value over the years as a HIGHLY DESIRABLE piece from an exhibited and highly collected Modern Indian Master painter.
We also possess the Babu Xavier watercolor in our Collection!
Paresh Maity (born 1965) is an Indian painter...
Category
20th Century Modern South Asian Contemporary Art
Materials
Paper
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Antique Agra Gallery Runner, Fine Indian Rug, Light Blue, Ivory, Coral, Allover
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