Sotheby’s Doha auction generates QAR55 million in total sales

by  — 23 April 2013

Sotheby’s Contemporary Art Doha auction achieved the strong total of QAR55 million solidly between the pre-sale expectations of QAR40.4 million and QAR58.6 million establishing it as the highest price for an auction of Contemporary Art in the Middle East region.

A cropped image of the Icons of the Nile by Chant Avedissian which sold for QAR5.7 million. (Image from Sothebys)

According to Sotheby’s, 89.1 percent of the sale was done by lot. The top lot of from the sale was Donald Judd’s Untitled (Bernstein 90-01), which sold – after an extended bidding battle among four people – for QAR12.8 million. Four bidders competed for a commanding installation work by minimalist artist Donald Judd, one of the leading pioneers of new sculptural forms and concepts within America during the latter half of the twentieth century.

Robin Woodhead, chairman of Sotheby’s International, said, “Tonight’s sale in Doha demonstrates unequivocally Qatar’s central role as a cultural hub of the entire MENA Region.  Sotheby’s ability to attract bidding from collectors from 15 countries across four continents here this evening affirms the growing importance of Qatar in the international art world.” 

Commenting on this evening’s sale, Lina Lazaar Jameel, head of sale and Sotheby’s International Contemporary Art Specialist, also noted that, “This evening’s sale, which achieved records for nine artists and set the highest total for a sale of contemporary art in the Middle East region. It is extraordinarily gratifying to see the market’s response to the exceptional range of art we sourced for this evening’s carefully curated auction. Interest grew throughout the pre-sale tour of highlights to both Jeddah and Dubai, culminating in tonight’s exciting auction.”

You can view all the pieces from the sale here on the Sotheby’s website

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