Green Hindu Goddess Sold for $1.3 Million at Auction

BLOOMBERG
By Pratish Narayanan

"Untitled (Kali)" by Tyeb Mehta

UNITED KINGDOM - A painting of a Hindu goddess sold for more than three times its estimate at a $4 million online auction by a Mumbai-based company as demand for Indian artworks is boosted by the country’s growing number of billionaires. The green goddess picture fetched $1.3 million, beating a top estimate of $402,300. Rival collectors pushed 53 percent of the lots above high estimates, with 72 percent of the items finding buyers, the Saffronart auction house said on June 21. [link]

*Also read story in Indian Art News