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.