Jakarta, 11 February 2007 - LARASATI kicked off her 2007 sale in Jakarta on Sunday, 11 February at the Aryaduta Hotel.
82% of the 191 lots offered found new homes, giving a total sales of Rp 7,87 billion. The sale was well attended especially considering the flood that had swamped Jakarta just a few days back.

Although prices did not go sky-rocketing for many of the star lots, but all fetched respectable prices.

LARASATI’s biggest taking of the day was the cover lot by Willem Gerard Hofker titled “Melasti” Ceremony from Denpasar to Sanur (lot 180) which was sold for Rp 1.089.000.000, while Hendra Gunawan’s “Ngerumpi” (lot 82) and Affandi’s “Feeding Frenzy“ (lot 83) raked in Rp Rp 538.200.000 and Rp 491.400.000 respectively.

The best performer of the old master’s works, however, was Lee Man Fong’s “Naik Kerbau di Pagi Hari“ (lot 31) that brought in Rp 641.000.000, which was significantly above its middle estimate.

On the Indo-Euro section, the sale saw an impressive performance by the Indo-Euro works with Roland Strasser’s “A Man with Cockerel” (lot 113) leading the pack, fetching Rp 187.200.000. On the Bali section, IGA Winarata’s “Suasana Pagi Hari di Bali” (lot 167) gave the highest taking when it was sold for Rp 52.650.000.

It was also a day of recognition for Indonesia’s print making world when an album consisting 11 prints created by various prominent artists such as But Mochtar, Mochtar Apin, and Popo Iskandar titled “Liberte” (lot 74) made an impressive debut at LARASATI. Bidding started at Rp 1 million and a few minutes later it was sold for Rp 14.040.000, almost six times higher than its middle estimate.

The modern and contemporary section of the sale produced some surprises too, most notably was Didik Nurhadi’s “Welcome Democracy” (lot 131) which brought in Rp 87.750.000, a new record for the artist.

LARASATI will hold her next auction in Singapore on April 30 2007 at the Marriott Hotel, featuring Southeast Asian, Chinese and Indian modern & contemporary art.