Raja Ravi Varma's portrait of Seth Lachman Das is expected to fetch Rs 30 lakh to Rs 50 lakh. It has remained within the same family since it was painted in 1896.
A third of the sale comes from the estate of Laura Hamilton, who founded the Malabar Boutique in Mumbai in 1962 and ran it until she was 94.
A carved gray schist image of the Buddha from the Gandharan era (2nd-3rd Century), and Tibetan paintings of Buddhas and Arhats (17th-19th Century) will go under the hammer. Hamilton had an eye for unusual furniture.
Intricate letterboxes and a beautiful mother-of-pearl inlay chair are on sale. The proceeds will be donated to a trust to be used for scholarships.
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