The 17th edition of Tehran Auction, with the participation of 100 Iranian artists and the presentation of 110 artworks, managed to record a sales record of 211 billion and 210 million tomans. Tehran Auction is an artistic-economic event that is held every year in Tehran in order to introduce and sell works of modern and contemporary Iranian art. This success indicates the boom in the art market and the increase in those interested in buying artworks inside the country.
In this edition of Tehran Auction, works by leading figures of modern and contemporary Iranian art such as Sohrab Sepehri, Koorosh Shishegaran, Hossein Zenderoudi, and Monir Farmanfarmaian were displayed.
The auction's most expensive work belonged to Sohrab Sepehri, from 1340 (1961/62), which was sold for 21 billion and 300 million tomans. Also, 17 billion tomans was paid to purchase an abstract work by Koorosh Shishegaran, earning it the title of the second best-selling work of this edition. Among other popular works, one can mention Sepehri's Tree Trunks painting at a price of 12 billion and 400 million tomans, Hossein Zenderoudi's painting "Andam" valued at 11 billion and 200 million tomans, and Monir Farmanfarmaian's Squares and Triangles work at a price of 9 billion and 800 million tomans.
In total, 34 works valued between one and five billion tomans and 17 works between 500 million and one billion tomans found their buyers, so that in the end 100 of the 110 works were sold.
The success of this edition of Tehran Auction shows that despite economic problems, the country's art market is still dynamic, and enthusiasts, instead of taking currency out of the country and buying at foreign auctions, are willing to invest in the domestic market.
See the original infographic (Persian)
Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian