Tehran Auction breaks records with $1.9m in sales
The 21st edition of the Tehran Auction, a showcase for contemporary Iranian art, has wrapped up with a total sale of $1.9 million, more than double the sales of the previous online auction in November/December 2023.
According to reports, the online auction, held on October 11, saw 132 out of 140 artworks sell for a combined total of $1.9 million. The organizers of the Tehran Auction reported that the sales were a significant increase from the previous online auction, which brought in $983,000, ISNA reported.
This edition of the auction introduced 36 new artists to the Iranian art market, alongside works by renowned artists such as Monir Farmanfarmaian, Aydin Aghdashloo, Mansour Ghandriz, Masoud Arabshahi, Farideh Lashai, Parviz Kalantari, Parviz Tanavoli, Jazeh Tabatabai, and Reza Derakhshani.
The auction saw 51 artworks sell for above their estimated price, while 81 sold within the estimated range. A total of 140 artworks, including 115 paintings, 17 sculptures, and 8 photographs, were on display for three days, with buyers able to purchase online during this period.
The top-selling artworks were a piece by Monir Farmanfarmaian, which fetched $187,032, followed by a work by Aydin Aghdashloo, titled ‘Summer, Winter’, which sold for $180,323, and a painting by Reza Derakhshani, titled ‘Counting Days and Nights, Every Day and Every Night’, which brought in $162,903.
Other notable sales included works by Parviz Tanavoli and Farideh Lashai, which sold for $112,258 and $80,968, respectively.
In total, 25 artworks sold for over $16,129, 18 sold for between $8,065 and $16,129, 74 sold for between $1,613 and $8,065, and 15 sold for under $1,613. Eight artworks by artists including Farideh Lashai, Hossein Mohjoubi, Javad Nobahar, Sadegh Tirafkan, Mostafa Dashti, Reza Bakhshi, Ahmad Rafie, and Anahita Ghasemkhani did not find buyers.