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Christie’s Kiran Nadar Exhibition Is the Latest Indicator of the South Asian Art Market’s Growing Importance

Christie’s London will host “The Meeting Ground,” a non-selling exhibition of works from the Kiran Nadar Museum of Art (KNMA) in New Delhi, from July 16 to August 21, 2025. The show features Indian modernists such as M.F. Husain, S.H. Raza, K.G. Subramanyan, and F.N. Souza, alongside contemporary South Asian artists, Indigenous art practitioners, and diaspora artists. Admission is free. The exhibition follows a series of record-breaking auction sales for South Asian art, including Husain’s *Untitled (Gram Yatra)* (1954) sold at Christie’s New York for $13.8 million in March 2025 and Raja Ravi Varma’s *Yashoda and Krishna* (ca. 1890s) sold at Saffronart for $17.9 million.

Rediscovered Old Master Painting Eclipses Estimate at Auction

A rediscovered portrait of Prince Rupert, long attributed to the studio of Anthony van Dyck and later to Jacob Huysmans, sold for CA$217,250 ($153,000) at Heffel Fine Art Auction House’s Spring Sale on May 21, more than double its low estimate. New research identified the work as by Peter Lely, court painter to King Charles II. The painting had belonged to the Hudson Bay Company for centuries and was part of a court-approved sale of the company’s collection following its 2024 bankruptcy. The 80-lot sale also saw a record for E.J. Hughes’s "Coastal Boats Near Sidney, BC" (1948), which sold for CA$5.7 million ($4.1 million), and strong results for Group of Seven artists Arthur Lismer, A.J. Casson, and Lawren Harris.

Economic growth supports the art market in Warsaw

The Warsaw art market is expanding rapidly, driven by Poland's strong economic growth (3.6% GDP in 2025). Two new art fairs have emerged: Art Warsaw (May 21–24), organized by Joanna Witek-Lipka and Michał Kaczyński, and the Hotel Warszawa Art Fair (September), organized by four galleries. These join the established Warsaw Gallery Weekend, now in its 15th year. The fairs cater to a growing collector base increasingly seeking international artists, while still featuring Polish talent. Notable participants include Ada gallery from Rome, Coulisse Gallery from Stockholm, and 52 galleries total, with booth fees ranging from €1,000 to €4,000. The venue, Villa Róż, a 19th-century palace with layered historical features, adds to the fair's appeal.