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Of the fall and rise of art mart
January 28, 2008
It must have been about a decade ago when I stumbled, quite literally,
into Dukan in Bangalore, after cajoling various people into pointing out
places that dealt in antiques. Interestingly, most such places in what was
then still the Garden City, operated from homes, so you had to ring
doorbells, state your intent, answer cross-sounding queries from servants
before being let in, and Dukan was no exception.
Except, here was no artificially weathered furniture masquerading as the
old thing; the ceramic collection and a few other pieces were genuine
finds, and there were enough mounted etchings and lithographs to keep you
engrossed, even if you got the feeling that old books had paid the price
to end up on collectors' walls instead of in the hands of readers.
This week, Dukan gave birth to its next sibling: the pretentious sounding
Bid & Hammer, an auction house with M Maher Dadha as its chairman and
managing director. The Dadhas, entrepreneurial immigrants from Rajasthan
with a history of dealing in chiefly pharmaceuticals, were also keen
buyers from the rajwadas of yore, ending up with a fabulous collection of
jewellery and collectible art.
In Delhi, where he previewed selected works that were auctioned on
Thursday in Bangalore, Dadha says his interest was never triggered from
the point of view of selling anything. It was, he says, his wife who
started dealing in a bit of antiquarian stuff in the mid-nineties in a
purely amateurish way.
Later, he decided it could be a full-fledged business opportunity, and
following the success of auction houses in the past years, set things in
motion towards this, his first auction which flags off his expectation of
doing 4-5 sales annually to begin with, growing to 10-12 sales in a couple
of years time.
A consumer fair in Coimbatore. Insets: Meher Dadha (Bottom) and Madhu Dadha (Top)
Text: Kishore Singh
Also read: Awesome money is chasing Indian art
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