Osian's Auction Catalogue Masterpieces and Museum-Quality III | March 2004

136 OSIAN’S 63 SHANTI DAVE (b.1931 / Badapura Village, near Ahmedabad, Gujarat) Untitled S/d in English l.r. Oil and encaustic medium on canvas, 1974 170.0 x 300.5 cm (66.9 x 118.3 in) Minor preservation and cleaning work has been carried out by the artist in 2004. Rs. 1,500,000 – 1,750,000 US$ 33,350 – 38,900 GB£ 18,300 – 21,350 OSIANs S.I.R. ANALYSIS [1992–2003] Present Estimate 189.53 Previous Highs [Os.Mum/05.12.02] Previous Average 199.67 Auction Average 289.84 Opinion Lot 63 represents one of the greatest paintings ever created by the artist. It is clearly underpriced, and given the relatively poor financial awareness regarding the uniqueness of Shanti Dave’s art, it is most likely that a museum will end up purchasing the painting for a cheap price.