Raghav Babbar, South Beach, Miami (Self Portrait), 2024
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 1,049 EUR in 4 years.
Cost-to-Return Ratio⚖️: With just 2.7% annual total costs (including exit fees), your net profit could be an impressive 20.3% per year.
Auction Prices 🔨: Over the last 36 months, Babbar works have been selling for +1236% above their pre-estimate.
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Description
For the sale, the following two options are being considered:
- Private Sale: The painting is offered directly to private collectors of Babbar's works.
- Auction: The painting will be offered as a single lot at an auction for contemporary art. This option is considered if the price has developed to the point where the minimum bid matches the market value and there is high demand for works by the artist.
Raghav Babbar's Artistic Merit: An Appealing Investment Prospect
Artistic Excellence and Personal Expression
Raghav Babbar's art emerges as an enticing investment prospect owing to its distinctive fusion of deeply personal figurative paintings, which are imbued with influences from his Indian heritage and the painterly traditions of mid-20th century British art. His generous use of oil paint imparts a sumptuous texture, underscoring his meticulous approach in layering. While his technique and interactions with his subjects evoke parallels with British artists of yore, there remains an abundance to explore.
Subtle Dialogues with Subjects
Beyond the investment potential of Raghav's art, his engagements with his subjects are characterized by their gentle demeanor and elegance, mirroring his own unassuming and contemplative nature. Frequently drawn from his circle of acquaintances and ordinary individuals navigating the tapestry of Indian society, his subjects are elevated and dignified with remarkable empathy and finesse, capturing the rawest emotions in their everyday moments.
Mastery of Light and Shade
Raghav's preference for portraying subjects in natural light is influenced by the Indian way of life, circumventing the oppressive indoor heat and harsh outdoor glare. The soft sunlight, under which his subjects often seek refuge, casts striking shadows that lend poignancy and theatricality to his compositions, further enhancing their emotional resonance.
Artistic Progression and Diverse Methodologies
As a burgeoning artist, Raghav's style is in a perpetual state of refinement. He persistently layers oil paint over extended periods, sometimes spanning up to 15 days before applying the next stratum. Yet, certain subjects necessitate a more immediate and rhythmic approach, prompting him to incorporate ground chalk with oil paints to expedite the process. His repertoire now encompasses multi-figure compositions, where forms seamlessly intertwine, and single-figure depictions that transition into subtly abstracted motifs, injecting variety and depth into his oeuvre.
Noteworthy Auction Achievements
A compelling rationale for considering Raghav Babbar's art for investment lies in his consistent track record of surpassing auction expectations. On average, his artworks fetch prices that are 15 times higher than their initial estimates, presenting a potentially lucrative investment avenue. For instance, "The Coal Seller," initially estimated at EUR 22,543, fetched an impressive EUR 541,033 at Sotheby's auction.
Raghav Babbar's artistic journey, from his roots in Rohtak to his educational pursuits in Singapore and London, underscores his unwavering dedication and innate talent. With an ever-evolving style and a distinctive knack for capturing the essence of his subjects, his work offers an enticing investment opportunity in the realm of contemporary art.
Expert
The art investment advisors of Maddox bring together years of specialist knowledge and practical experience with objective market analysis to offer their clients quality advice and consistent returns.
