Great news for art connoisseurs as Bidsvilla, an online auction platform specializing in procurement, valuation of transactions of rare and vintage collectibles, artifacts, premium artworks and luxury products, in alliance with London based auction house, Conferro Heritae, will be together rolling out an unique online auction series this October.
They plan to bring over 5 lakh units of inventory with a value of over Rs 400 Crore of art and collectables. Bidsvilla: Conferro association will host this auction on the site www.bidsvilla.com.
The $250 million Indian Art Industry contributes about 0.4% to the total global art market — that is currently worth $63 billion approximately. With buyers and sellers getting more comfortable with online auctioning of art, this market is set to grow exponentially. Tapping into this market and to satiate the desire of collectors looking to acquire rare items, this association will bring a vast repository of collectibles to the Indian market.
The auctioning will include the first ever dedicated auction of vintage Indian and international news publications, magazines, cartoons, advertisements etc. like The New York Times, The Hindu, The Times of Vietnam, Japan Times, The Egyptian Gazette from 1900s published during important historic events. This will be followed by online auctioning of Movie Memorabilia from 1900 including old posters, synopsis, lobby cards, LPs etc. of movies from 1900s like , Guide, Mother India among others. It also includes a special “Hollywood section” where posters from classics by Alfred Hitchcock and Charlie Chaplin will be up for sale. The last auction will include Fine Arts by artists like F.N. Souza, V.S.Gaitonde, S.H. Raza and M.F. Hussain.
The publications will include an original 1906 “Indian” Newspaper and a 1948 original copy of “Baapu ke path par” from 1948. For the movie memorabilia, along with very rare inventory from Baiju Bawra, there will be a special S.D. Burman lot to commemorate the 40 years of the legend’s death on 30th October 1975.
Excited with the association Mr.Girijesh Jha, Co-founder, Bidsvilla said this collaboration will further strengthen Bidsvilla’s efforts in bringing art to the discerning Indian collectors. He says that their aim is to become a premium auction house in India bringing all kinds of collectibles to the Indian market.
Mr. Sharan Seth, Director, Conferro Auctions said, “We strongly believe this association will boost our endeavour to promote our rich history and cultural heritage as we aim to provide rare and exclusive collectibles through innovative auction formats and technologies to collectors and institutions”.
As part of this association there will also be three auction previews in Mumbai, Delhi and Ludhiana between October 3rd and October 10th, 2015. As part of the previews Bidsvilla will be showcasing the inventory for the three auctions including some never seen before items.