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Bid & Hammer to host auction of Modern & Contemporary Indian Art June 15

May 21, 2008

BANGALORE, India—.After the very encouraging response to its inaugural auction of ‘Modern & Contemporary Indian Paintings’ & ‘Works of Art’ in January, Bid & Hammer will hold its second auction of ‘Modern & Contemporary Indian Art’ June 15. Auction catalog preview and Internet bidding will be offered by www.liveauctioneers.com.

The sale has a cross-section of works comprising paintings, drawings, serigraphs and sculptures from the modern Indian master artists as well as the cutting-edge contemporaries. Older works including Antonio Trindade's 1933 oil on canvas Female nude under shadow of leaf, J. Swaminathan’s 1960s oil on canvas Reckoning Totem, F. N Souza’s 1948 ink on paper Seated Nude and early works of A. R. Chughtai, Jogen Chowdhury, M. F. Pithawala, M. V. Dhurandhar and Jamini Roy will sell along with newer works by Sachida Nagdev (a 2004 triptych Destruction & Hope that was exhibited at the Hyogo Museum in Japan to commemorate the 10th anniversary of the Kobe earthquake), Shipra Bhattacharya, Sudhansu Sutar and Ravi Kashi amongst a host of others. The 101-lot offers works with prices starting at $600 and going up to $125,000.

India has proven to be the fastest growing wealth base in the Asia Pacific region with Bangalore being the up and coming artistic hub in the country after New Delhi and Mumbai. Today, Indian Modern & Contemporary art is slowly but surely making an impact on the world stage and Bid & Hammer paves the way for Indian art connoisseurs across the world to access Indian art directly from India.

The brainchild of Mr. Maher Dadha, a passionate art connoisseur from an illustrious Rajasthani family and former Director of erstwhile ‘Tamil Nadu Dadha Pharmaceuticals Ltd’, Bid & Hammer offers a wide spectrum of expertise (authentication, provenance, valuation, conservation, restoration etc) across all major categories of fine and decorative arts and antiques - an arrangement currently unavailable in India. For the uninitiated, Mr. Maher Dadha is also the Chief Consultant of Dukan - Fine Art & Antiques, a gallery based in Bangalore.

“Indians are indeed warming up to auction houses on the lines of the international players,” said Mr. Dadha. “Our USP lies in the fact that we intend to unearth the potential of not only Modern & Contemporary Indian art, but also other fine art categories in the southern Indian market by providing an efficient, competitive and trustworthy service to our clients.”

Based in Bangalore, Bid & Hammer Auctioneers Ltd. plans to hold an Antiquarian Books, Maps, Prints & Photography in Sept. and a Works of Art & Modern and Contemporary Indian art sale in Dec.

About Bid & Hammer

Established in 2006, Bid & Hammer Auctioneers (P) Ltd is India’s first homebred full service art & antiques auction house based out of Bangalore. An initiative of Mr. M. Maher Dadha, Chief Consultant of the well known Bangalore based gallery Dukan- Fine Art & Antiques, Bid & Hammer’s offerings range from Modern and Contemporary Indian art to furniture, glass, silver, jewellery, photography and collectables. The team of directors and experts comprises H.H. Gaj Singh II ( Maharaja of Jodhpur), H.H Nawab Mohammed Ali (Prince of Arcot), Dr. Mohan Lal Nigam (former Director of Salar-Jung Museum), Savita Apte (formerly head of Sotheby’s South Asian Art Department), Venkat & Madhavi Singh (Dharohar Art Conservation, Lucknow), Charu Sharma (Renown Sports broadcaster & Auctioneer), Deepak Chopra (Los Angeles based Chairman of OSI Systems Inc.) and Vijay P. Chordia (prominent Chennai based financier) amongst other distinguished personalities.


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