🎨 Ivan Peries Painting Fetches Record $ 640,000 at NY Auction

• Auction Breakthrough: A masterpiece painting titled "The Well" by Sri Lankan-born artist Ivan Peries sold for $ 640,000 at Christie’s South Asian Modern + Contemporary Art auction in New York. • Record-Breaking Valuation: The sale sets a new record for a work by a Sri Lankan-born artist at auction. • Art Significance: • The work is the only one of Peries’ seven monumental “panel paintings” ever offered at an auction. • Originally exhibited at the 1958 Venice Biennale, the artwork features a rural coastal scene focused on a village well. • Cultural Legacy: Ivan Peries (1921–1988) was a founding member of Sri Lanka's '43 Group, a pivotal movement credited with pioneering modern art and cultural preservation in the country.