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20th Tehran Auction fetches over $4m
The event, held at the Parsian Azadi Hotel in Tehran, showcased 116 works across various mediums, including painting, calligraphy, photography, and installation, ISNA wrote.
The auction featured works by renowned Iranian artists such as Jalil Rasouli, Aydin Aghdashloo, and Farhad Moshiri. The most expensive pieces on offer were Aghdashloo’s ‘End of an Era from the Memories of Destruction’ series, Moshiri’s ‘Black Numbers on White,’ and an untitled work by Mohammad Ehsaei, each estimated to sell for between $250,000 and $300,000.
Other notable artists with multiple works in the auction included Reza Derakhshani, with a total high estimate of $300,000, Jazeh Tabatabai with a $275,000 high estimate, and Farideh Lashai and Vahed Khakdan, each with works estimated to sell for up to $200,000.
The first of its kind in Iran, the Tehran Auction was launched in 2012 as an independent and private initiative to introduce the best in Iranian art, ranging from established and emerging Iranian artists to art collectors and the global audience.
The auction was hosted by a new face, Shahriyar Rabbani, who began the proceedings by remembering three prominent Iranian artists who died in the last three months: Hadi Jamali, Farshid Shiva, and Iraj Tanzifi. The auctioneer also announced the withdrawal of Lot 102, a piece by Adel Younesi, without providing further details. The auction then began with Rasouli’s ‘Tree of Friendship.’
Last year, a total of 82 artworks realized over $4.8 million in sales at the 19th edition of the Tehran Auction that focused on classic and modern Iranian art.