Christie’s Middle East Auction Results

Christie’s Middle East Auction Results

Christie’s Middle East Auction Results

Thursday, 5 artists from Lebanon, Iraq, Iran, and Egypt set world auction records at Christie’s postwar and contemporary art sale.

The most expensive work offered, Une vie singuliere by the late Shafic Abboud of Lebanon, did not sell after bids came in below the low estimate of $220,000.

Sohrab Sepehri’s Untitled.
Source: Christie’s

Iranian artist Sohrab Sepehri’s Untitled, painted circa the 1970’s, was the Top lot of the night, selling for $287,500 Vs an estimate of $150,000-$200,000.

The piece is from the artist’s Abstract series, which has been kept at the Tehran Museum of Contemporary Art, among other places, since Sepehri’s death in Y 1980.

Hussein Madi’s Baghdad Landscape, 1998.
Source: Christie’s

The 2009 Good Luck by Huguette Caland, born in Lebanon, fetched $162,500 (estimate: $80,000-$120,000). Another Lebanese painter, Hussein Madi, set a record with his 1998 Baghdad Landscape, which went for $75,000, well above the high estimate of $18,000.

Naziha Selim’s Untitled.
Source: Christie’s

Untitled, by Iraqi painter Naziha Selim, sold for $11,250, a record for the artist, who died in Y 2008. The painting was sold as part of a collection of Fadhil Chalabi, who served as acting secretary general of the Organization of Petroleum Exporting Countries in the 1980’s.

Zeinab Abd El  Hamid’s Quartier Populaire, 1956.
Source: Christie’s

Egyptian Zeinab Abd El Hamid’s Quartier Populaire, an oil on canvas painted in Y 1956, sold for $58,750, far exceeding the $12,000-$18,000 estimate.

Sassan Behnam-Bakhtiar’s Oneness Wholeness, Tree of Life, 2017.
Source: Christie’s

Oneness Wholeness, Tree of Life, by Iranian artist Sassan Behnam-Bakhtiar in 2017, sold for $15,000 (estimate: $12,000-$18,000).

Bakhtiar, who was born in Y 1984, will exhibit his new series, “Oneness Wholeness,” at London’s Saatchi Gallery in May.

Have a terrific Easter weekend

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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