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Paul Guiragossian's Painting Sold For $242,500 At Dubai's Christie's

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  • Paul Guiragossian's Painting Sold For $242,500 At Dubai's Christie's

    PAUL GUIRAGOSSIAN'S PAINTING SOLD FOR $242,500 AT DUBAI'S CHRISTIE'S

    PanARMENIAN.Net
    October 27, 2011 - 16:52 AMT

    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.

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