Tag Archives: auction

Merchant collection nets £653,000, necklace at £55,200

Oct. 8: Indian-born producer-director Ismail Merchant’s personal art collection sold for £653,000 at an auction by Christie’s in London.

The highest price was paid for the painting by Hungarian artist August Theodor Schoefft, entitled The Thugs of India halt at the shrine of Ganesh, which was sold for £91,250 to a private British collector. The unusually large painting was estimated to sell for £70,000-100,000. Continue reading