Saffronrat Summer online auction 2008
The Saffronart Summer online auction involving modern and contemporary Indian artworks is taking place between June 18 and 19, 2008.
The Saffronart Summer online auction features 140 quality works by 67 renowned artists of Modern and Contemporary Indian art. The auction is twentieth in the series by the established art auction house. The auction will exclusively take place on www.saffronart.com.
The structure of the online auction and its time span lets serious art collectors as well as new and first-time buyers, all over the world, to place their respective bids over an extended period (two days), as opposed to a period of just a few hours in a live auction.
Saffronart's Winter Online Auction 2007 had closed with a total sale value of approx. $ 8 million. The veteran artists whose works went under the hammer included S. H. Raza, F. N. Souza, Tyeb Mehta, Rameshwar Broota and Jogen Chowdhury The auction involved prominent works of several other modern Indian artists apart from young artists. Approximately 35 per cent of those who won lots happened to be new bidders, indicating the continuing expansion of the buyer base.
Saffronart, is a premier online platform for contemporary Indian art. The success of online auctions over the years underlines the strength of Saffronart's online platform, and the pioneering role that it has played in the development of the reach and transparency of the Indian art market.
Check the Saffronart Summer online auction 2008 sales guide
