Watercolor painting from ghasiram kotwal series by m.f.hussain

May 04, 2019. 04:12 UTC
Watercolor Painting from Ghasiram Kotwal Series by M.F.Hussain
Kaykay
United Arab Emirates

Category
Paintings

Acquired from
Gallery/Dealer

For sale
Yes
Description

The Watercolor Painting is from a Ghasiram Kotwal Series by M.F.Hussain made around late 80 s. 21.5 in x 14.5 in Framed ....

Provenance

Pundole Art Gallery

$2,000 - $3,000 (United States Dollar)
Answered within about 19 hours
May 04, 23:00 UTC
By Madelia

Dear Kaykay ,

Thank you for contacting Mearto with your appraisal inquiry. Based on the photographs and information provided, and subject to physical examination, this is:

Maqbool Fida Husain (Indian-British, 1913 - 2011)
Untitled panel from Ghasiram Kotwal Series, circa late 1980s
watercolor
14 1/2 " high by 21 1/2" wide, framed
$2,000-3,000

Please let us know if you have additional items to appraise, and thank you again for using Mearto.

Kaykay bhatia May 05, 01:41 UTC

Hello
Good Morning
Thanks for the appraisal.
Please share the benchmarks you have used to arrive at this
value.
I have been reading that Hussain Paintings command a very high price .
This is a genuine Hussain painting acquired from his favorite Gallery owned by his Friend at a exhibition where Hussain also attended .

Please assist .
Thanks
Best Regards
Kaykay

Kaykay bhatia May 05, 05:36 UTC

Further I would like to know how many and at what price paintings from Ghasiram Kotwal series are available available . Pl send pictures , size and the expected price of paintings from this series.Thanks .Best Regards

Madelia May 05, 16:47 UTC

Hello Kaykay,
Thank you for your comments, and yes, I can understand your concerns. The prices quoted here are for works of his realized at auction, not sold for in retail art galleries. The record for the artist is $1,671,270, which was achieved at a sale at Christie's in 2015 for a very large (38" x 100") oil on canvas work. Watercolor works are almost always considerably less than oil paintings, and your work is very small. I have not found any other examples from this series having sold at auction, so it is considered "untested" at auction and warrants a conservative estimate. I also have not found any online examples of this series being sold in a gallery.
Saffronart - an auction house in Mumbai has offered a LOT of his works but most of his works that they've offered with estimates higher than $10,000 do not sell. The auction houses Christie's, Sotheby's and Bonhams sell Hussain's works but most of his watercolors of this size sell below $8,000.

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