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21 Nov 2009, San Francisco and Los Angeles |
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24 Nov 2009, Chester |
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24 Nov 2009, Knightsbridge |
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24 Nov 2009, Knightsbridge |
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Bonhams Dubai Breaks Thirty-Three World Records At $13M Inaugural Middle East Auction
Iranian Farhad Moshiri's 'Eshgh' (Love) achieves over $US1 million
Dubai, UAE. Bonhams, the UK-headquartered international fine art auction house established since 1793, broke thirty-three world records at its inaugural Middle East art auction in Dubai, United Arab Emirates. The auction achieved total sales of over US$13 million – almost three times the expected result, with a phenomenal 94% of lots sold.
The auction witnessed the first Middle East artist to achieve an auction sale of over US$1 million with Iranian Farhad Moshiri's stunning Swarovski crystals and glitter on canvas 'Eshgh' (Love) - a sale which also wrote Moshiri into record books as the highest achieving Iranian artist at auction.
Breaking the world record for an auctioned Pakistani work of art, Gulgee's 'Polo Player' sold for US$336,000 – more than four times the reserve.
"This is an unbelievable result for our first auction in this market, and proves beyond doubt that the United Arab Emirates is an emerging commercial hub for modern contemporary art from the region," said Matthew Girling, Bonhams; Chief Executive Europe & Middle East.
"We're firmly committed to the region and Bonhams is now here to stay - we feel this is definitely the start of something big. With the support of our partners, the Al Tajir family, we now look forward to further building our business in the Middle East."
Bonhams' Top Ten
Lot 62, Farhad Moshiri (Iran, b.1963) Eshgh (Love)
$1,048,000
Lot 61, Charles Hossein Zenderoudi (Iran, b.1937) Untitled
$504,000
Lot 63, Parviz Tanavoli (Iran, b.1937) Poet and the Bird
$480,000
Lot 24, Francis Newton Souza (India, b.1924-2002)
The Elder
$456,000
Lot 76, Ahmed Moustafa (Egypt, b. 1943)
The Transcendental Mansions of the Moon
$408,000
Lot 68, Ahmed Moustafa (Egypt, b.1943)
The Attributes of Divine Perfection
$360,000
Lot 14, Gulgee (Pakistan, b.1926-2007)
Polo Player
$336,000
Lot 44, Jewad Selim (Iraq, b.1919-1961)
Young Man and his Wife
$336,000
Lot 71, Charles Hossein Zenderoudi (Iran, b.1937)
Untitled
$336,000
Lot 75, Mohammed Ehsai (Iran, b. 1939)
Zekre Allah (15)
$336,000
Photo caption 1: Iranian Farhad Moshiri's 'Eshgh' (Love) breaks two world records at Bonhams first Middle East auction, being the first Middle East work of art to sell at auction for over US$1 million and also placing Moshiri as the highest achieving Iranian artist at auction.
For more information please contact:
Kelly Smith, MCS/Action, Dubai UAE
Mobile: +971 50 498 3085
Email: kelly.s@actionprgroup.com
Or
Julian Roup
Bonhams Press Office in London
Tel: +44 20 7468 8259
Email: julian.roup@bonhams.com
NOTES FOR EDITORS
Bonhams, founded in 1793, is one of the world's oldest and largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son and Neale UK. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America and in August 2003, Goodmans, a leading Australian fine art and antiques auctioneer with salerooms in Sydney, joined the Bonhams Group of Companies. Today, Bonhams is the third largest and fastest growing auction house in the world with a global network of offices and regional representatives providing sales advice and valuation services in 20 countries. It offers more sales than any of its rivals, through two major salerooms in London: New Bond Street, and Knightsbridge, and a further 10 throughout the UK. Sales are also held in San Francisco, Los Angeles, New York and Boston in the USA; and Switzerland, Monaco, and Australia. For a full listing of upcoming sales, plus details of more than 40 Bonhams specialist departments, go to www.bonhams.com
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