Tag Archives: Ketut Gelgel

Previewing Larasati’s Traditional, Modern & Contemporary Art Auction, Bali, August 2018

dewa putu mokoh "iringan pengantin" image courtesy of larasati                     “Iringan Pengantin” – Dewa Putu Mokoh 

 

Each year Larasati Auctioneer’s, Indonesia’s oldest fine art auction house, present two auctions in Ubud highlighting Balinese traditional art. Upcoming Sunday 26 August is seventy-four items for sale in the Traditional, Modern & Contemporary Art Auction. Open to the public, viewing begins 11am Friday 24 August at the Larasati Art Space at Tebesaya Gallery, Ubud, Bali.

The sale is led by a collection of Mr & Mrs Charles Powell, USA, and three beautiful traditional paintings by Wayan Radjin from the 1970’s. The sale presents works by old masters of traditional genres, some unique and rare paintings, works with investment potential, and an array of compositions that allow good entry opportunities into the market for new collectors.

wayan radjin "ramayana membebaskan dewi sita" image courtesy of larasati               “Ramayana Membebaskan Dewi Sita”- Wayan Radjin

 

Catering for a range of tastes works on offer include ink, and watercolour on paper, Indonesian modern art, Balinese modern and contemporary paintings and works in traditional styles, along with a wood carving. Distinguished Balinese artists featured are Ida Bagus Made Poleng, Ida Bagus Made Widja, Gusti Ketut Kobot and Nyoman Gunarsa. For new buyers wishing to enter the market, estimated prices in this sale begin at IDR 500,000 (USD $35). Auctions offer buying opportunities at prices much cheaper than purchasing works directly from the artist studio, or galleries.

These works by respected old masters will be of interest to the connoisseurs of Balinese art. Tjokorda Oka Gambir (1902-1975) is one of the founders of the Ubud School of Painting, lot# 549 Mythological Scene in Kamasan Style is a large 248 x 132cm work in natural colour on cloth with an estimated price of between IDR 65 – 80 million, while lot #550 Garuda & Wisnu is by one of the esteemed masters of the influential Pitamaha Artists Association from Ubud (1936-1945), Gusti Ketut Kobot (1917-1999) with an estimated price of between IDR 95 – 110 million.

dewa ketut rungun "burung burung bangau" image courtesy of larasati                   “Burung – Burung Bangau” – Dewa Ketut Rungun

 

Lot #574 Taris Bali is a superbly balanced composition of traditionally attired Balinese warrior emerging from the forest performing the unique warrior dance by Ida Bagus Made Poleng (1915 – 1999) who is regarded as one of the finest Balinese painters of the past century. This work bears the stamped identification that guarantees authenticity from the Ida Bagus Made Foundation, and has an estimated price of between IDR 165 – 190 million.

The following are rare pieces lot #544, Sarasvati is an early work by the respected Batuan painter Wayan Taweng (1922 – 2004) who trained under Nyoman Ngendon (1906 – 1946) with an estimated price of between IDR 10 – 15,000,000 million. Wayan Radjin (b.1945) is the son of the celebrated Batuan artist I Djata, considered the founding father of the Batuan School. Lot #527 Ramayana Membebaskan Dewi Sita by Radjin is a beautiful acrylic on canvas composition with an estimated price of between IDR 28 – 38 million. Most of Radjin’s works are on paper, and rarely does such a quality work come onto the market.

gusti ketut kobot "garuda wisnu" image courtesy of larasati                          “Garuda Wisnu” – Gusti Ketut Kobot

 

Lot # 572 Iringan Pengatin is a unique work because it is a crowded composition by the renowned painter of the unconventional, Dewa Putu Mokoh (1913 – 2010), and has an estimated price of between IDR 7 – 10 million, while lot #521 Ibu dan Anak, featuring a composition of a mother and child is too an unusual work by Dewa Ketut Rungun (1922-1986), who is noted for his bird compositions. It has an estimated price of between IDR 15 – 20 million.

Opportunities for good investments are lot #513 a. Di Malam Ini and b. Aku dan Dia Bermain, two paintings by Indonesia’s most important woman artist I Gusti Ayu Kadek Murniashi (1966 – 2006), with a combined estimated price of between IDR 18 – 25 million, and lot #520 Bali Life by Ketut Gelgel, which has an estimated price of between IDR 95 – 110 million.

i gusti ayu kadek murniashi "di malam ini" image courtesy of larasati                  “Di Malam Ini” – I Gusti Ayu Kadek Murniashi (Murni)

 

New collectors have opportunities to enter the market with lot #507 Hierarkie by Susilo Budi Purwanto, Berburu Kuda, lot# 512 by Made Wiradana, and two abstract oil paintings, lot #540 Kampung Nelayan Kusamba and lot #541 Gunungan Semar by noted Javanese painter Bagong Kussudiardjo (1928-2004), and the beautiful flowing flora and fauna forms within Burung Burung Bangau, lot #573 by Dewa Ketut Rungun. Emerging Balinese artist Ngakan Putu Agus Arta Wijaya is a young artist worth keeping an eye on, with excellent technical skills, good ideas and a distinctive style, lot# 508 Upgrade comes with an estimated price of between IDR 7.5 – 9 million.

Other popular artists within the sale are renowned Dutch colourist Arie Smit, Otto Djaja, Mochtar Apin, Jehan, Ida Bagus Nyoman Rai, Nyoman Dewa Jati, Dewa Putu Bedil and Agung Mangu Putra.

For buyers seeking to invest it is important to have a strategy, with the view of buying and holding for at least 10-15 years, and to invest early in an artist before everyone is getting on to the market. Look for works that are rare and unique – uniqueness referring to the quality and how often the artist makes such image or composition. A painting’s provenance is important for the established taste and also for authenticity, with the more prominent the previous owners, the better. This also includes the works history of exhibitions and inclusion in books or catalogues.

ida bagus made poleng "taris bali" image courtesy of larasati                           “Taris Bali” – Ida Bagus Made Poleng

 

Potential buyers bidding over the phone, or via real-time Internet bidding who are unable to attend the previews days or auction are advised to contact Larasati and enquire about the colour reproduction accuracy of the images contained within the online catalogue to ensure that what they wish to purchase can be realistically appraised. The absence of reference to the condition of a lot in the catalogue description does not imply that the lot is free from faults or imperfections, therefore condition reports of the works, outlining the paintings current state and whether it has repairs or over painting, are available upon request.

Provenance, the historical data of the works previous owner/s is also important and is provided. An information guide including before the auction, during the auction and after the auction details, including conditions of business, the bidding process, payment, storage and insurance, and shipping of the work is also available. A buyer’s premium is payable by the buyer of each lot at rate of 22% of the hammer price of the lot.

The online catalogue, complete with a guide for prospective buyers is available at: www.larasati.com

Larasati Bali Art Space at Tebesaya Gallery

Jalan Jatayu, Banjar Tebesaya, Peliatan,

Ubud, Gianyar Bali, Indonesia

 

Words: Richard Horstman

Images Courtesy: Larasati

 

 

 

 

 

 

 

 

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