Tag Archives: Anak Agung Gede Anom Sukawati

Buying Balinese art at auction?

Wayan Radjin "Ramayana Membebaskan Dewi Sita" Image courtesy of LarasatiWayan Radjin – “Ramayana Membebaskan Dewi Sita” Image courtesy of Larasati

 

Are you interested in Balinese art? Ever thought of buying at auction?

Whether driven by your love of art, curiosity, or an eye for investment – buying at auction can be an interesting and exciting way to grow your collection. To the novice auctions may appear intimidating, for aspiring art collectors, however, auctions can provide an excellent point of entry into the marketplace.

Larasati Auctioneers, Indonesia’s oldest international auction house is a dedicated supporter of Balinese art. Specialists in auctioning Balinese traditional art, this year (2018) marks the tweleth year of its Bali auctions, held twice a year in Ubud. Offering an array of collectible items including paintings, sketches, prints and sculptures, their auctions presents good opportunities for buyers with small to medium, and larger budgets.

"Baris" AA Anom Sukawati                                   Baris – Anak Agung Gede Anom Sukawati

 

Here are some tips for the inexperienced on how to buy art during the Larasati Bali sale:

Open for public viewing the items for auction, or lots, are on exhibition from 11am each Friday immediately prior to the auction at Larasati Art Space in Ubud. There will be an array of beautiful art from the Classical paintings to the renowned genres of Balinese modern traditional art, and some modern and contemporary works, on display. Two and a half days allows plenty of time for inspection and to learn more about the works for sale. The free auction catalogue will be your necessary companion to help in this process.

Not only does the catalogue include the details of each lot for sale with the artist’s name, title of the work, medium, size and of course the estimated price of the works market value, it also has the details of how to participate in the auction, along with the necessary pre and post sale procedures. Be sure to read all the fine print. The Larasati website provides information and sales data from past auctions, access to online live bidding, along with the digital auction catalogue. You may wish to do more research about what you intend to buy and the Internet now has more and more information available on Balinese art.

'Sita Satya' Ketut Madra, 103x103cm, Image Richard Horstman                                        Sita Satya – Ketut Madra

Art is very personal, and everyone has different tastes. The secret to buying art that you will enjoy from the first moment you see it, and everyday on the wall at home is to listen to your heart or inner voice. Buying for investment takes know-how. Taking note of your budget is essential, and a buyer’s premium is payable on top of the final sales price of each lot.

On auction day first register your intention to participate and you will receive your paddle with an identification number, which you shall raise to indicate to the auctioneer your wish to bid for a work offered for sale. Understand all the necessary responsibilities you have as a buyer – don’t hesitate to ask questions to the Larasati staff so that you are clear. Inquire if there is a condition report available on the works you are interested in, and knowing more about the works history (previous exhibitions, past sales records, provenance & certificates of authenticity).

Dewa Putu Bedil, 'Harvest Scene', 1980, acrylic on canvas 136x200cm                                  Dewa Putu Bedil – Harvest Scene

 

What can you expect during the auction?

 Auctions move at a swift pace so be attentive and its best to sit at the front of the room. The auctioneer monitors bids from telephone and Internet platforms along with live bidding from people within the room. Auctions become exciting especially when there is spirited competitive bidding quickly raising the prices.

 How does the bidding process work?

The bidding process is straight forward, simply raise your paddle to indicate that you are willing to accept the amount offered by the auctioneer, which will also be indicated on the screen next to the auctioneer in Indonesian Rupiah, American, Singaporean and Hong Kong dollars. The items price will increase by increments and auctioneer will clearly address you, acknowledging they have accepted your bid. Works at auction often sell for prices much lower than that at galleries, or the artist’s studio, yet remember to set a price according to your budget that you are not prepared to go above.

Gusti Nyoamn Lempad, 'The Rickety Bridge' 1940, black ink and pigment on paper.                                Gusti Nyoman Lempad – The Rickety Bridge

 

Hopefully you will succeed in placing the bid accepted as the final sales price that will be confirmed by the fall of the auctioneer’s hammer. Congratulations, your diligence has paid off and you have just won the lot. Finally, complete the payment details and organize the delivery of your new art work.

 This exciting experience will fuel your curiosity about buying art. Do your research and learn as much as possible through books and online, visit museums, galleries, artist’s studios, exhibitions, and more auctions. To train your eye immerse yourself in Balinese art – and enjoy.

For the online catalogues and more information about the next Larasati Bali auction early in 2019 please visit: www.larasati.com  

'Mothers Love' Ida Bagus Tilem, wood, 62x13x17cm. Image Richard Horstman                                  Mother’s Love – Ida Bagus Tilem

 

Auctions held at: Larasati Bali Art Space at Tebesaya Gallery,

Jalan Jatayu, Banjar Tebesaya, Peliatan,

Ubud, Bali.

 

Words: Richard Horstman

Images Courtesy: Larasati Auctioneer’s & Richard Horstman

Larasati Traditional, Modern & Contemporary Art Auction: Bali 21 August

made-sutama-the-dream-image-richard-horstman                                “The Dream” 2015 –  Made Sutama (b. 1977 Keliki)

Eighty works of fine art went under the hammer before an enthusiastic floor of bidders at Ubud’s ARMA museum 21 August Larasati Traditional, Modern & Contemporary Art auction. The attractive array of paintings in Balinese traditional styles and Indonesian modern and contemporary genres offered good buying opportunities in prices ranges suitable for new collectors and connoisseurs alike.

From the beginning of 2016 real time bidding has been available through the Larasati website, opening the auction to a global audience. The auction featured spirited bidding both on the floor and via telephone, and purchases online. Most of the works sold within their estimate prices while for new collectors purchases were available starting from Rp. 3.5 million.

20160820_181740                                      “Aksi Badut and Topeng” – Ketut Sadia (b. 1966 Batuan)

Ida Bagus Putu Sena (b. 1966 Tebesaya, Ubud) is a remarkable talent, his characteristic style while being extraordinarily detailed, features dark and moody compositions. Lot #523 “Shadow Puppet Show” 2009, estimated price between Rp. 75 – 90 million, was hammered down for Rp. 95 million. (all works incur a 22% buyers premium on top of the auctioneers selling price). Lot #530 “Petani’ 2003 by Ketut Kasta (b. Peliatan 1945), a beautiful figurative work in muted pinkish hues, serene in its simplicity was estimated between Rp. 25 – 30 million and sold for Rp. 40 million.

Iconic Dutch painter Arie Smit (1916-2016) died in March at home in Ubud, only days short of reaching the golden age of one hundred years old. Responsible for the development of the “Young Artists” style of Balinese traditional art in the early 1960’s, since his passing prices for his some works at Hong Kong auctions have noticeably increased.

putu-deaw-bedil-suasana-pasar-image-richard-horstman                                    “Suasana Pasar” –  Dewa Putu Bedil (1921-1999)

Of the three lots available, Lot #546 “A Girl Leaving the Temple” estimated between Rp. 65 – 75 million, sold for Rp 65 million, Lot #547 “The Forest“ estimated between Rp. 95 -120 million sold for Rp. 85 million, while #548 “Boy” 1988 estimated price between Rp. 270 – 320 million, however failed to sell.

Works of painstaking miniature detail characterize the Keliki School of Balinese traditional art. Three excellent paintings were available by up and coming artists who represent the future of this genre. Lot #519 “The Dream” 2015 by Made Sutama (b. 1977 Keliki) is a colorful fantastic composition, estimated price between Rp. 10 – 12 million sold for Rp. 9.5 million. Lot # 520 “The Death of Kumbakarna” 2014 by Putu Kusama (b.1986 Keliki) with an estimated of Rp. 12 – 15 million sold for Rp. 17 million via the internet, and Lot # 550 “Festivity at Temple” by Made Ocen (b. 1974 Keliki) undervalued with an estimate price between Rp. 10 – 12 million and sold for Rp. 9 million. Each of these works offered excellent buying for the seasoned collectors along with those with mid range budgets for good long-term investments.

a-a-gede-anom-sukawati-mengarak-jero-gede-image-by-richard-horstman            “Mengarak Jero Gede” 2003  –  A.A. Gede Anom Sukawati (b. Ubud 1966)

A rare old work by the renowned Batuan painter Wayan Bendi Lot # 555 “Tourists in the 1950’s” estimated price between Rp.15 – 20 million sold for Rp. 14 million. Lot # 505 “Aksi Badut and Topeng” by another outstanding Batuan painter Ketut Sadia with an estimated price between Rp. 16 -20 million sold for Rp. 16 million offering good value buying for this innovative composition. Considered an “outsider artist” Putu Dewa Mokoh (Pengosekan 1936-2010) is a painter of unusual, often quirky and humorous compositions. Lot # 502 “Berenang di Laut” estimated price between Rp. 18 – 22 million sold for Rp.16 million, while Lot #558 “Hunting in the Forest” estimated price between Rp. 28 – 35 was hammered down for Rp. 30 million.

ketut-kasta-petani-2003-image-richard-horstman                                       “Petani’ 2003 –  Ketut Kasta (b. Peliatan 1945)

The Pitamaha artist’s collective played a decisive role in the development of Balinese modern traditional art from 1936-1945 and two works by deceased masters of the collective were available. Lot# 567 by Gusti Ketut Kobot (1917-1999) “Garuda Whisnu” was undervalued for its size of 105 x 75 cm, estimated price between Rp. 90 – 110 million and selling for Rp.85 million. While Lot #568 by Ida Bagus Made Togog (Batuan 1913 – 1989) “Story of Dukuh Siladri” a shimmering work of exceptional quality and condition, estimated price between Rp. 270 – 350 million, sold for Rp. 350 million.

Lot # 569 “Suasana Pasar” Dewa Putu Bedil (1921-1999) is a extraordinary work of balance and beauty, being undervalued at the estimate between Rp. 75 – 90 million, it sold for Rp. 95 million. Of the contemporary works available sought names such as Jumaldi Afli, Ugo Untoro and Dede Eri Supria attracted only marginal attention, yet offered good buying opportunities for new collectors wishing to purchase works by big name artists.

arie-smit-a-girl-leaving-the-temple-photo-by-richard-horstman                               “A Girl Leaving the Temple” – Arie Smit (1916-2016)

The most prized work of the afternoon was the final item, was Lot # 580 “Mengarak Jero Gede” 2003 by A.A. Gede Anom Sukawati (b. Ubud 1966) arguably Bali’s finest living traditional painter. His 75 x 135 cm acrylic on canvas composition, a stunning dance scene of detail and vibrancy, estimated price between Rp. 160 – 190 million, realized determined bidding selling for a world record price for the artist at Rp. 345 million, inclusive of the 22% buyer’s premium.

Words & Images: Richard Horstman

20160820_182538             “Story of Dukuh Siladri” – Ida Bagus Made Togog (Batuan 1913 – 1989)

20160820_181951                   “Berenang di Laut” – Dewa Putu Mokoh ((Pengosekan 1936-2010)

 

 

 

 

 

 

 

 

 

 

 

 

Review – Larasati 10th Anniversary Balinese Modern Traditional & Contemporary Art Auction

"Patih Lahwel" Ida Bagus Made Togog.Sold for Rp. 40,000,000. Image courtesy of Larasati                                  Patih Lahwel  –  Ida Bagus Made Togog

 

Results of the special 10th anniversary Larasati Balinese Modern Traditional & Contemporary Art auction at Ubud’s ARMA museum 28 February confirm that the market for Balinese traditional art is growing steadily while providing excellent value through the low to medium and high price ranges.

For sale amongst the 81 lots were wood cravings, one contemporary sculpture, sets of lithographs, watercolours, pastels and ink sketches on paper, and paintings on canvas in natural colours, oils and acrylics at prices beginning at a low Rp. 1.5 million (all sold works incur a buyers premium added on top of the hammer price).

An exciting feature of the sale was Larasati Auctioneers providing for the first ever real time data over the internet allowing easy, direct access to buying opportunities for a global audience. With 90% of the works sold (including 3 over the internet), along with the enormous response by bidders on the phone, (more 25% of the works sold), and all the major lots of “Young & Old Masters” selling, the auction was a huge success.

Wayan Sudana, "Tari Arja", 120x150cm, Acrylic on canvas. sold for Rp. 65,000,000                                    Tari Arja  –  Wayan Sudana

 

“When we started our Bali auctions 10 years ago the buyers were 95% Indonesians,” said Daniel Komala CEO of Larasati Auctioneers, who was very happy with the auction’s results. “In attendance at the auction was a great mix of people, the majority non-Indonesians, and even though the Balinese traditional market is a small niche market, it is truly an international market. Our first experience with real time online platform functioned excellently and we are excited about the future prospects for the growing pool international collectors.”

Paintings by A.A Gede Anom Sukawati (b.1966 Ubud) are rarely available to either the primary or secondary markets (new works and pre-owned). Renowned as one of the finest “Young Masters” Lot #40 “Tari Joged Bumbung”, 2008, with a low estimate price between Rp. 80,000,000 – 120,000,000 sold for Rp. 180,000,000, being one of the most highly prized works of the day. Lot # 39 “Pementasan Calon Arang” by Ida Bagus Putu Sena (b.1966 Ubud) is also a work of extraordinary quality by an artists whose works are difficult to find and sold at the top end of the estimate price at Rp. 200,000,000.

Another highly sought after painting by bidders on the floor and the phone, pushing the price well above the estimated price was Lot #38 “Arja Dance” by Wayan Sudana (1966 Peliatan). This vibrant 120 x 150 cm acrylic on canvas composition sold for Rp. 65,000,000. Considered a ritual specialist from a high caste Brahmin priest family Ida Bagus Made Poleng (1915-1999 Tebesaya) had a special relationship with his paintings, calling them “his children” and rarely sold his works. The most prized of all Balinese painters, Lot #80 his “Legong Dance”, received much attention from phone bidders and sold for Rp. 750,000,000.

Gusti Nyoman Lempad, "The Witch and the Servant" Ink on paper. sold for Rp. 120,000,000 Image courtesy of Larasati                        The Witch and the Servant  –  Gusti Nyoman Lempad

 

Good buys were definitely available at the top end of the auction and Lot # 79,“The Witch and the Servant”, an ink sketch on paper by Gusti Nyoman Lempad (1862-1978 Ubud), considered ‘the’ modern master of Balinese art, sold for Rp. 120,000,000 just under the estimated price. As too was Lot # 66 “Playing Domino’s” by Ida bagus Made Nadera (1915-1989) “Playing Dominos”, estimated by between Rp.10,000,000 -15,000,000 and selling at Rp.10,000,000, Lot # 76 “Upcara Potong Gigi” Ida Bagus Made Widja (1912-1992 Batuan) selling at 18,000,000, and a glowing flora and fauna composition in the Pengosekan style Lot #65 “Harmoni Kehidupan” by Ketut Gelgel, which sold at Rp. 65,000,000. Each of these works are museum quality.

Three of the most highly coveted works in the auction all sold within their estimated prices, Lot # 77, “Blissfully Sleeping” by the maestro of wood carving from Mas village, Ida Bagus Nyana (1912-1985) at Rp.280,000,000, Lot #81 “Boy With Bamboo Stick”, by Made Sukada (1945-1982) hammered down at Rp. 105,000,000 and Lot #78 “Triwikrama” by Gusti Ketut Kobot (1917-1999) which sold for Rp. 80,000,000. Lot #75, however, by Ida Bagus Made Togog (1913-1989 Batuan) an extraordinary black and grey ink sketch on paper “Patih Lahwel” was a hot item selling at more than twice its estimate, at Rp. 40,000,0000 – a rare and special work.

“Harmoni Kehidupan” Ketut Gelgel, sold for Rp. 65,000,000. Image courtesy Larasati                                  Harmoni Kehidupan  –  Ketut Gelgel

 

For new collectors to the market there were good works by favoured artists available at low prices and it must be noted that works are obtainable via auction cheaper than buying directly from artist’s studios. A 10 year future projection of current prices would confirm that buying now is a sound investment, while researching prices from the Larasati auctions 10 years ago confirm this to be true.

Balinese traditional art offers enormous scope for the astute investor to capitalize. The prices for the old masters of Balinese art remain strong and the market is expanding in a healthy way. The fact that the market is growing slowly, yet solidly is a fine achievement for Larasati Auctioneers.

A.A Gede Anom Sukawati-"Tari Joged Bumbung". Image courtesy of Larasati                        Tari Joged Bumbung  –  A.A. Gede Anom Sukawati

 

Words: Richard Horstman

Images: Courtesy of Larasati