An untitled painting from 1969 by VS Gaitonde went under the hammer for Rs 42 crore at an auction by Pundole’s in Mumbai on February 24.
- This is the highest price that an Indian modern or contemporary artwork has been sold internationally at an auction.
- This was the first time that this particular oil on canvas by Gaitonde was coming into the auction market. It belongs to the Glenbarra Art Museum in Japan.
- Gaitonde dominates the list of top ten Indian modern or contemporary artworks.
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