Auction Blog

Bonhams first dedicated sale of Middle Eastern and South Asian Art to be held outside of Dubai features works of art by artists from no fewer than 13 countries. It takes place in Bonhams main saleroom in New Bond Street, London on 3rd June.

With this auction Bonhams hopes to emulate the previous success seen in their Dubai sales which saw numerous artist records broken, including the first sale of a work of art by a Middle Eastern artist for over $1,000,000, the painting titled `Eshgh’ (Love) by the Iranian artist Farhad Moshiri .

Mehreen Rizvi-Khursheed, Head of Middle Eastern Art at Bonhams says: “The sale will help to expose new Middle Eastern artists to Europe and global art centres by holding the auction in London. It is an opportunity for established and new collectors to acquire works by artists who are beginning to attract attention within the Middle East and abroad through internationally acclaimed shows. Our reputation for offering Modern South Asian art in London is well established and we hope to offer works by Middle Eastern artists with the same high levels of success.”

http://www.bonhams.com/mesa

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Bonhams Middle Eastern & South Asian Art Sale in London

Bonhams first dedicated sale of Middle Eastern and South Asian Art to be held outside of Dubai features works of art by artists from no fewer than 13 countries. It takes place in Bonhams main saleroom in New Bond Street, London on 3rd June.
With this auction Bonhams hopes to emulate the previous success seen […]

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Bonhams London Middle Eastern & South Asian Art Sale

On April 1st 2009 Sotheby’s London is to sell one of the most remarkable Mamluk enamelled glass buckets left in private hands, in its biannual Arts of the Islamic World sale. The Rothschild Bucket is exceptionally rare and was made at the high point of Mamluk glass production. The auction also features a range of […]

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Rare Mamluk Glass Bucket for Sotheby?s Auction

Sotheby’s Inaugural sale of Turkish Contemporary Art realised the strong total of £1,307,400 ($1,838,597) against a pre-sale estimate of £1.1-1.5 million and saw several works more than double their pre-sale high estimates. Over 60 clients registered to bid in the auction, which was 78.5% sold by value and 70.8% sold by lot, with buyers from Turkey, Asia, the Middle East, Europe and North America. A notable 66% of buyers in the sale were new to Sotheby’s.

Highlights
The top-selling lot in today’s sale was Mübin Orhon’s Untitled, 1961, oil on canvas which achieved £193,250, more than doubling its high estimate of £80,000. Two further works by this modern master achieved prices well within their pre-sale estimate - his 1957 Untitled achieved £61,250 against a pre-sale estimate of £50,000-70,000 and his 1962 Untitled canvas brought £37,250, within the pre-sale estimate of £30,000-50,000.

The second-highest-selling lot was Fahrelnissa Zeid’s stunning oil on canvas Le Minautore which achieved £85,250, above its high estimate of £70,000. The painting is from a very specific period in the late 1950s when the artist’s focus moved away from practicing in her traditional geometric style to a more expressionist mode of depiction.

Another highlight of the sale was the cover lot Spiritual by hyperrealist artist Taner Ceylan, which achieved £70,850 ($99,636) above its high estimate of £40,000. This outstanding work by one of the foremost artists on the Istanbul contemporary art circuit is a technical masterpiece of patience and precision.

Further sale highlights include Erol Ekyavas’ The Kiss, which achieved the strong price of £70,850, doubling the pre-sale high estimate of £35,000, and Mehmet Güleryüz’s sculpture Crated Money, which sold for £46,850, within its pre-sale estimate of £40,000-60,000.

Sale Statistics
• Total: £1,307,400 ($1,838,597) (Estimate: £1,116,000-1,556,000)
• Sold by lot: 70.8%
• Sold by Value: 78.5%
• Of the sold lots, 45.1% achieved prices, including premium, in excess of their pre-sale high estimates
• 66% of buyers were new to Sotheby’s
• Sale attracted buyers from Turkey, Asia, the Middle East, Europe and North America

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Turkish Art Sale Results

Sotheby’s Inaugural sale of Turkish Contemporary Art realised the strong total of £1,307,400 ($1,838,597) against a pre-sale estimate of £1.1-1.5 million and saw several works more than double their pre-sale high estimates. Over 60 clients registered to bid in the auction, which was 78.5% sold by value and 70.8% sold by lot, with buyers from […]

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Sotheby?s Contemporary Turkish Art Sale Achieves $1,838,597