Turkish Art Market Review April 2013
Related Article: Turkey at Basel Art Week
Christie’s Modern and Contemporary Arab, Iranian and Turkish Art Part I and II 16&17 April 2013
The 26 lot strong Part I sale at Christie’s April auction of Modern and Contemporary Arab, Iranian and Turkish Art totalled $4,128,750.
Sales Part I and II realised a total of $6,384,750. This was against a pre-sale high estimate for the sales of $5.5 million, and the auctions averaged 93% sold by lot, a clear indication of the success of Christie’s commitment to bring art from the Middle East to a global audience.
Murat Pulat’s „Shame“ sold far beyond its estimated value for $52,500. Arzu Akgun’s „Model II“ was sold for a prize of $13,750 with a prior estimate of $6,000-$8,000.
(Estimate: $20,000 - $30,000). Photo: Christie’s
(Estimate: $6,000 - $8,000). Photo: Christie’s
(Estimate: $8,000 - $12,000). Photo: Christie's.
Right: Gülay Semercioğlu (b. 1968), Silver Parallel, wood, wire and screws 200 x 150cm. Sold for £27,500 (Estimate: $18,000 - $24,000). Photo: Christie's.