Thursday, July 24 - 2008

Bonhams auction breaks records

United Arab Emirates: Tuesday, March 04 - 2008 at 13:56

Bonhams, the UK-headquartered international fine art auction house, broke three world records at its inaugural Middle East art auction in Dubai. The auction achieved total sales of over $13m - almost three times the expected result, with 94% of lots sold. Iranian Farhad Moshiri became the first Middle East artist to achieve an auction sale of over $1m with his Swarovski crystals and glitter on canvas 'Eshgh' (Love) - he also enters the 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 $336,000 - more than four times the reserve.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, March 04 - 2008 at 13:56 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.

MediaCentre »

Business Directory »

The news you choose

News and Articles »

Current Events »

Advertisement »