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₹167 crore sale of a Raja Ravi Varma painting highlights the role of rarity, cultural value and market dynamics in art valuation.

About Raja Ravi Varma (1848–1906)

  • Born in Kilimanoor (Travancore, Kerala)
  • Belonged to the family of Maharajas of Travancore in Kerala and was addressed as Raja.
  • He is called the father of modern Indian art.

Key Contributions

  • Mastered the Western art of oil painting and realistic life study.
  • Painted themes from Indian mythology, depicting scenes from popular epics like the Ramayana and Mahabharata.
  • Established Printing Press: The Ravi Varma Fine Art Lithographic Press and the FAL Press, Bombay, was established in 1894 in Girgaum, Bombay (now Girgaon, Mumbai), Maharashtra. 
    • It was amongst the earliest in India to use large-scale printing technologies, and the first to mass-produce works of an eminent and established artist.
  • Most famous works: Damayanti Talking to a Swan, Shakuntala Looking for Dushyanta, Nair Lady Adorning Her Hair, and Shantanu and Matsyagandha.
  • Awards and Recognitions: Kaisar-i-Hind Gold Medal (1904) by Lord Curzon on behalf of the British Emperor; the citation formally used the title “Raja” for the first time.
  • Values: Cultural Nationalism, Aesthetic Excellence, Humanitarianism, etc.
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Lithographic Press

A printing technology that uses the principle that oil and water repel each other. The Ravi Varma Fine Art Lithographic Press was significant for its early adoption of large-scale printing in India and mass-producing artworks by a prominent artist.

Cultural nationalism

A form of nationalism that emphasizes shared cultural heritage, traditions, and identity as the basis for national unity and pride. The BJP's use of C. Rajagopalachari's legacy aligns with this concept.

Art Valuation

The process of determining the monetary worth of artworks. Key factors influencing art valuation, as highlighted by the Raja Ravi Varma painting sale, include rarity, cultural significance, provenance, and prevailing market dynamics.

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