Turkish Art Market Review April 2013

on Saturday, 20 April 2013. Posted in April

Related Article: Turkey at Basel Art Week

Christie’s Modern and Contemporary Arab, Iranian and Turkish Art Part I and II 16&17 April 2013

The 26 lot strong Part I sale at Christie’s April auction of Modern and Contemporary Arab, Iranian and Turkish Art totalled $4,128,750.

Sales Part I and II realised a total of $6,384,750. This was against a pre-sale high estimate for the sales of $5.5 million, and the auctions averaged 93% sold by lot, a clear indication of the success of Christie’s commitment to bring art from the Middle East to a global audience.

Murat Pulat’s „Shame“ sold far beyond its estimated value for $52,500. Arzu Akgun’s „Model II“ was sold for a prize of $13,750 with a prior estimate of $6,000-$8,000.

Murat Pulat, Shame
Murat Pulat (b. 1978), Shame, 2013, oil on canvas, 180 x 180cm. Sold for $52,500
(Estimate: $20,000 - $30,000). Photo: Christie’s

Arzu Akgun, Model II
Arzu Akgun (b. 1970), Model II, 2012, acrylic on panel, 130 x 160cm. Sold for $13,750
(Estimate: $6,000 - $8,000). Photo: Christie’s

 Yusuf Aygeç, Tribute to  Vermeer
Yusuf Aygeç (b. 1989), Tribute to Vermeer, oil on canvas, 180 x 180 cm. Sold for £15,000
(Estimate: $8,000 - $12,000). Photo: Christie's.

Yasam Sasmazer and Gülay Semercioglu
Left: Yaşam Şaşmazer (b. 1980), Big Bang II, copper patinated bronze 20 x 22,8 x 74,5cm. Sold for £17,500 (Estimate: $12,000 - $15,000). Photo: Christie's.

Right: Gülay Semercioğlu (b. 1968), Silver Parallel, wood, wire and screws 200 x 150cm. Sold for £27,500 (Estimate: $18,000 - $24,000). Photo: Christie's.