Bought for $400, historic Kashmir photo sells for $32,500 at New York auction

Bought for $400, historic Kashmir photo sells for $32,500 at New York auction

A 1948 photograph by Henri Cartier- Bresson showing Kashmiri Muslim women praying in Srinagar has sold for $32, 500 at an auction in New York.

The auction “Henri Cartier- Bresson: The Eye of the Century, Personal Photographs from the Collection of Peter Fetterman,” was held on Tuesday in New York and fetched Peter Fetterman—a dealer who represented the iconic French photographer and founding member of the Magnum Photo Agency from 1990 until his death in 2004— over two million dollars. The proceeds will be used to support a publishing program to fund books for new photographers, Fetterman said.

The signed “Srinagar” print, which British auction house Phillips estimated to sell for $8,000 to $12,000, is among several historic photographs Cartier-Bresson took in Kashmir during his 1948 visit.

Fetterman , who bought the photo for $400 in 1979 in Los Angeles, said it had “stuck with me forever” and turned him into a collector.

“It’s the gesture, the humanity of the relationship between these women. It stuck with me forever,” Fetterman told Barron’s magazine.

“I didn’t know who Cartier-Bresson was; I never collected anything in my life,” Fetterman said.

“I bought this photograph on an impulse, and it just triggered something in me emotionally.”

Half of the photos for sale at the New York auction were prints Bresson often made at Fetterman’s behest, photos the dealer calls “little gems.”

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