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Art Market
November
About Sotheby's
November 2011
Sotheby’s October 2011
Contemporary Art/Arab & Iranian and Arts of the Islamic World Sales Total £10,901,275/$16,843,460
LONDON. SOTHEBY’S OCTOBER auctions of Contemporary Art/Arab &Iranian and Arts of the Islamic World brought a combined total of £10,901,275/$16,843,460.
Sotheby’s  fourth dedicated  auction  of Contemporary  Art/Arab  & Iranian  concluded  with  a  total  of £2,335,200/$3,610,219. The sale saw ten new auction records set for artists including Bahman Mohasses, Kadhim Hayder and Nadim Karam, and ten benchmarks established for artists featured for the first time at auction including Hadieh Shafie, Tagreed Darghouth and Ebrahim Olfat.
Sotheby’s Arts of the Islamic World auctions today concluded bringing a combined total of £8,566,075/$13,233,241.
Sales Highlights:
•The top-selling lot of the Arts of the Islamic World  Evening  Sale was An Important post-sasanian silk shirt, Khurasan or Central Asia 7th-9th century, which sold for £713,250/$1,102,684 (est. £600,000-800,000).
•The top-selling lot from the Harvey B. Plotnick Collection of Islamic Ceramics was A Rare Abbasid Lustre  Bowl  with  geometric  and  stylised  vegetal  decoration,  Iraq,  9th  century,  which  sold  for £301,250/$465,732 (est. £250,000-350,000). This magnificent bowl represents one of the earliest attempts at lustre painting on ceramic, a radical new technique that involved the application of metallic pigments to the surface of a pre-fired glaze to give the appearance of glittering gold.
•The highest price paid in the Arts of the Islamic World Day sale was for A Rare and Important Silk Tunic with Arab Inscription, Sogdiana, Central Asia, and 8th Century, which sold for £481,250 /$743,146 (est. £400,000-600,000).

 

 
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