Newsletter for Art Collectors & Aficionados

Weekly Collector Issue: II February 2011

Copal The Leading Authority on Indian Art

Business process validated by-ERNST & YOUNG

A ROOM FOR THOUGHT...

Art of buying art:

The first step to start off is to know as much about the subject as possible. Apart from regular research through books, magazine and internet, visit as many art exhibitions as possible to understand the nuances of art appreciation and to know more about the artist.

An art collector must also be clear about the horizons and gestation time in purchasing art. The quality of painting, provenance, condition and period of painting are also important considerations. If possible one should try to talk to the artist to find out about their vision and insights.Also, when you want to sell art, visit a good art advisory that will be able to evaluate the work properly and counsel you. Considering the number of fakes and cheap copies floating around in the market, one needs to be careful that he or she is buying authentic works of art.

Following points might be helpful before collecting the Art:

1. Know the artist - Art buyers should know the history of the artist's work apart from the quality. Also check the provenance, condition and period in which it was painted.

2. Have a clear idea about the time horizon and gestation period for a particular work to appreciate in value.

3. Last but not the least; buy art only if you like the quality of work and not just the artist; and take good care of your purchase. A work of art can never be replicated.

COPAL RECOMMENDED ARTISTS IN SAFFRONART AUCTION FEBRUARY 2- 3, 2011

Three of Copal recommended artists, Subodh Gupta, Mithu Sen and NS Harsha had their works featured in the recent online auction hosted by Saffron art.

An untitled work by Copal Recommended Subodh Gupta won a bid of INR 90, 00,000 being the highest proffer in the entire auction.

Subodh Gupta

Sen's figurative won a bid of INR 1, 85,150 while Harsha's watercolor on paper went for INR 2, 59,072.

Mithu Sen

GOOGLE'S ART PROJECT

Google has unveiled a Street View-esque project that aims to bring viewers face to face with some of the greatest art on earth. Known as Google Art Project, the initiative will give users remote access to the priceless paintings, sculptures, and other artifacts from 17 of the world's most famous museums across the globe. Users will have initial access to at least 1,000 works from the 17 museums.

INDIAN ART GOING GLOBAL

Indian art & culture to be showcased in US

To showcase India's historic arts and culture, prestigious John F Kennedy Centre for the Performing Arts will host a three-week long mega festival in Washington.Being held in cooperation with the Indian Council for Cultural Relations (ICCR) and Embassy of India, "Maximum India" (to be inaugurated on March 1, 2011) will feature perhaps not a million, but many remarkable and unusual aspects of the country's diverse arts and culture, from folkloric to classical and contemporary. It will feature dance, music, and theater performed by India's most acclaimed artists and also film sections from the world's most robust movie industry, featuring both Indie and Bollywood films.

Prize-winning authors reading, debating, conversing, and sharing their insights; exhibitions that astonish and confront; incredible and unimaginable crafts from exquisite collections; jewels that dazzle from the princely era of the Mughals and Maharajas, will be another feature.

“India amazes with the majesty and mystery of its culture. Its brilliance is that it is a country of extremes intellect, innovation, survival, and experimentation.We have travelled, researched, and scoured the country for the best it can offer, and India offers the maximum. This festival will truly be maximum India” ~ John F. Kennedy Centre for performing arts

Jaipur to be shown in Chicago

Artworks from Jaipur, the city which has played host to film stars, literary giants, other celebrities and backpackers from across the globe will soon be shown in Chicago. The Art Institute of Chicago (ARTIC), one of the largest museums in America where Indian philosopher Swami Vivekananda had delivered his historic address in 1896, is developing a major exhibition on the royal arts of Jaipur, planned to open in 2013. This exhibit will comprise of paintings, textiles, jewellery, sculpture, photographs, costumes and other relics of the Jaipur royalty sourced from various places.

"Indian art today is full of explosive energy... it is looking at issues grabbing on to the world as well as looking back at its predecessors. It is also attracting wide global attention," ~ James Cuno, President ARTIC.

Beginning on September 11, 2010 the institute had commissioned "Public Notice 3" by Copal Recommended Jitish Kallat, the first major presentation of a contemporary Indian artist. Kallat used LED lights to display the entire text of the Swami's speech on the institute's grand staircase. It has become so popular that it has been extended till September 11, 2011.

COPAL IN NEWS

(L-R) Revati with Devesh Garg & Ajay Seth of Copal

Emily Eden and Hodges hosted a collection by Modern Masters and Contemporary Artists of Indian art showcasing works by Husain, Revati Shama, Souza and Copal Recommended Artists SH Raza and Ram Kumar.

COPAL'S SPEARHEADING GROWTH

As a part of its constant endeavor to advance its offerings and services, to edify an art collector's knowledge base and to support the promotion of art as a whole, Copal is pleased to announce the establishment of its new facility and art bank very soon.

This expansion has been undertaken to congregate Copal's needs as a developing firm as well as to improve our service package for our collectors. We are very glad to share this news with all our associates and close links and the confirmed date for the

art bank launch will be intimated shortly.

Events: Your weekly calendar

Painting exhibition by Yusuf Arakkal.@ Art Alive Gallery, Panchsheel Park,DELHIDate: Tue, Feb 01 - Sat, Feb 12, 2011 Time: 11:00 AM to 7:00 PM

Bidyut K Majumdar, Bharat Das and Rana Roy

display the imaginary creations of the

different habitats where they live.@ Reddot Art Gallery, Indirapuram, Ghaziabad, DELHI

Date: Tue, Feb 01 - Mon, Feb 28, 2011 Time: 2:00 PM to 8:00 PM

This exhibition will present to you a glimpse of

Bombay and Santiniketan during the times of

Rabindranath Tagore. @ Premchand Roychand Gallery, Colaba, MUMBAIDate: Thu, Dec 23, 2010 - Mon, Feb 28, 2011 Time: 11:00 AM to 7:00 PM

A group show, 'Resonance', featuring Copal

recommended S H Raza along with Anjolie Ela Menon,

Sakti Burman.@ Art Musings Gallery, Colaba, MUMBAI

Date: Fri, Feb 04 - Sat, Feb 26, 2011 Time: 11:00 AM to 7:00 PM

Artistic works by Copal recommended Jogen Chowdhury

along with Jaya Ganguly will be on display@ Gallery Sanskriti | Fri, Jan 14 - Sat, Feb 12, 2011, KOLKATA

An Inner Fire

I Live Here...

Hoppe Bombay 1929 & Santiniketan Art Exhibition

Resonance

Art exhibition at Gallery Sanskriti

CONFIDENTIALITY NOTE: The contents of this message may be legally privileged and confidential, for the use of the intended recipient(s) only. It should not be read, copied and used by anyone other than the intended recipient. If you have received this message in error, please immediately notify us at the above co- ordinates, preserve its confidentiality and delete it from your system. Thank you. DISCLAIMER: The contents of this message or any other communication from Copal should not be taken as investment, legal or tax advice. Each individual should consult his / her / their own financial and legal advisors and accountants as to tax and related matters concerning potential purchase of the artworks. Although the information contained herein has been obtained from sources which Copal reasonably believes to be reliable and authentic, Copal, its auditors and / or its legal advisors make no representations or warranties regarding its accuracy or completeness. Nothing contained here is to be, or should be, relied upon, as a promise or representation of Copal. The information contained herein is not an assurance that a market will develop for the artworks purchased from Copal by the Art Collectors. Each individual must be prepared to bear the economic risk of the purchase. Kindly refer to our website www.copalart.com, for detailed disclaimer.

Special Contributions by: Ashok Vajpeyi , Ajay Seth, Devesh Garg

Editor: Saguna Ahluwalia

Contributing Editors: Mithila Kapoor, Nikhil Khandelwal, Ricky Seth, Sahitya Prakash, Sharan Seth,

Swati Sharma, Mahendra Nayar

Coordinator: Sanjiv Choube

Copal Art P. Ltd. 1112, DLF Tower B, Jasola District Centre, Mathura Road, New Delhi – 110 025 (India)Phone: 011- 40647045- 52. Email: contact@copalart.com, office@copalart.com. Website: www.copalart.com