Paul Guiragossian’s painting sold for $242,500 at Dubai’s Christie’s

PanARMENIAN.Net - The first part of modern and contemporary Arab, Iranian, and Turkish art auction, which took place at Dubai’s Christie’s, received a total sales figure of $5.1 m.

39 out of 46 lots were sold: the most prestigious pieces with the higher estimations.

The second part of the auction was said to present more attractive prices, as the objective to attract a new panel of traders was announced by Christie’s. Within this sale, the British auction house intends to reinforce its auctions in the Middle-East.

The star lots of the first session were: the painting Untitled from the series “Three-Trunks” by Iranian artist, Sohrab Sepheri (1928-1980), which was sold for $662,500, double its estimation amount; Egyptian artist, Mahmoud Saïd’s (1897-1964) work, La Petite fille d’Assiout, estimated at $300,000 was bought for $650,000; and Armenian painter Paul Guiragossian (1926-1993) raised traders’ enthusiasm with his work La Famille, which reached $242,500 (estimated $120,000 -180,000). Also Iranian artist, Parviz Tanavoli’s bronze sculpture, Lovers, was sold for $182,500, Art Media Agency reported.