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Osian's has held over 40 Auctions during the past two decades.The organization widened the scope of India's contemporary arts' secondary market. [1] Osian's auctions gave a market to artists such as Nikhil Biswas, Chittaprosad, Rameshwar Broota, H A Gade, Bijon Choudhury, Biren De, Chittrovanu Mazumdar, K C S Paniker, J Sultan Ali, Shanti Dave ...
While the auction house expected the sale to garner about $100,000, it actually brought in more than $176,000, according to CBS News partner the BBC. The coin hoard. / Credit: Noonans Auctions
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The initial standing high bid at the start of an auction is zero ($0) and the corresponding bidder is the auctioneer. As the auction progresses, the standing high bid changes to highest new bid and the corresponding bidder is the person who makes said bid. In addition to posting the round results, minimum bids for the next round are also posted.
Catawiki is an online auction platform for buying and selling special items and collectibles. Catawiki was founded in 2008 as an online community for collectors. Since 2011, the company has been hosting weekly online auctions, in various categories such as vintage comic books, model trains, coins, watches, art, jewellery and classic cars.
The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the ...
Culcutta auction is a sequential auction, where the bidding for each contestant begins in random order, with only one contestant being bid upon at any time. [3] Accordingly, participants (originally in Calcutta, India , from where this technique was first recorded by the Colonial British ) bid among themselves to "buy" each of the contestants ...
An untitled abstract by Gaitonde sold for Rs 92 lakh at an Osians auction, the highest amount paid for a contemporary Indian painting at the time. [7] Gaitonde died in 2002. In 2013, one of Gaitonde's untitled painting sold for ₹ 237 million (US$2.7 million), set a record for an Indian artist at Christie's debut auction in India. [8] [9]