Presenting a glorious and important contemporary piece of Art by probably the most recognized Indian Master, Maqbool Fida Husain - Pen & Ink on Paper Untitled, 1950.
This piece has impeccable provenance!
It was purchased by a Private Dallas Collector at Sotheby’s New York Auction on 20th September 2005. Sale No: 8111 Lot No. 246.
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 “Indian and Southeast Asian Art”.
The Lot is described as:
“Maqbool Fida Husain (b. 1915).
Signed and inscribed “Husain 50” lower right.
Pen and ink on paper.
10.5 by 14.5 in (26.7 by 36.8 cm).“
The painting carried an Auction estimate of $5,000 to $7,000 and Sold for $6,000 (not including Buyers Premium).
Allowing for inflation alone this would be over $11,500 in today’s value. At highest estimate, this would equate to $13,500 in today's value.
As an added bonus and proof of authenticity the painting still retains its 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.
M.F. Husain’s works have dramatically increased in value and desirability since his death in 2011.
He is considered the “Picasso” of contemporary Indian painting.
This is a very important painting by Husain as it was done in 1950 and is therefore one of his early works and was painted shortly after Indian Independence in 1947.
It has 3 labels to the rear:
(1) Auction Label: “37MQB MF Husain. Untitled. Ink on paper. Signed”.
(2) Auction Label: “37MQB NO8111 0246” Sale & Lot No.
(3) “M.F. Husain, Pen and ink. Made in India”.
Dimensions: Frame: 20 in x 17.75 in
Panel: 10.5 x 14.5 in (26.7 x 36.8 cm).