Larasati October 2019 auction report – Balinese art market analysis

The market for Balinese paintings, often labelled ‘traditional’, is a small niche sector in comparison to the broader Indonesian modern and contemporary art market. While Indonesian collectors dominate it there is an upward trend of foreign buyers entering the market that is currently showing signs of growth. In 2006 Larasati Auctioneers of Jakarta opened up … Continue reading Larasati October 2019 auction report – Balinese art market analysis

Previewing Larasati’s Upcoming 12 October 2019 Bali Sale

Lot # 791 ‘Bayu Satu Duta’ – Tjokorda Oka Gambir (1902 – 1975 Peliatan) Natural pigments on cloth, 162.5 x 150 cm   For the first time in its thirteen-year history, Larasati Auctioneers will conduct their third art auction in Ubud within the year. This is a positive sign indicating a growing market for Balinese … Continue reading Previewing Larasati’s Upcoming 12 October 2019 Bali Sale

the Value of Balinese Wayang Paintings

             Hanoman & Surya – Ketut Madra 1972  Photo: David Irons   Results of September 2013 Larasati auction of Balinese modern traditional paintings at the Agung Rai Museum of Art in Ubud revealed growing demand for work by the best known Balinese painters.  Notably three masterpieces by renowned deceased artists reached new record prices for … Continue reading the Value of Balinese Wayang Paintings