| Christie's International Modern & Contemporary ArtBack to list of auctions
Sale: DUB7665DubaiWednesday April 30, 2008, 6:30 pm
Auction SummarySales total was $16,863,000 ($20,062,850 including premium) a result 26.1% ($3,486,000) above high end estimate.
Of the 198 lots, 77 lots (38.9%) were sold above high estimate, 70 lots (35.4%) were sold within the estimated range, 19 lots (9.6%) were sold below low estimate. The sell-through rate was 83.8%, as 32 lots (16.2%) remained unsold (or were withdrawn before the auction).
Profile
Results from high to low estimatesOnly the 100 highest estimated lots included.
| No Estimate | | Above | | Within | | Below | | High/Low Estimate |
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More than 51% of the sales total was concentrated to 11 lots (6.6% of all sold lots), at a value of $8,660,000. The average price for those 11 lots was $787,273. The average price for the remaining 155 lots was $43,866.
Premium
For this auction, buyer's premium (auction house commission paid by the buyer) was calculated from the winning bid as follows: For any amount below $20,000, a fee of 25% is added. For any amount between $20,000 and $500,000, a fee of 20% is added. For any amount above $500,000, a fee of 12% is added. For this auction, the average buyer's premium was 19.0%.
Performance by ArtistTo allow a comparison between winning bid and auction house estimates, the amounts below do not include buyer's premium, unless explicitly stated.HIGHEST GROSSING ARTISTS| 1 | Charles Hossein ... | $2,970,000 | 7 lots | | 2 | Parviz Tanavoli | $2,720,000 | 2 lots | | 3 | Mohammed Ehsai | $1,170,000 | 2 lots | | 4 | Robert Indiana | $1,022,000 | 3 lots | | 5 | Farhad Moshiri | $650,000 | 1 lots | | 6 | Fateh Moudarres | $455,000 | 5 lots | | 7 | Faramarz Pilaram | $420,000 | 2 lots | | 8 | Shirin Neshat | $379,000 | 7 lots | | 9 | Ahmed Moustafa | $350,000 | 1 lots | | 10 | Paul Guiragossian | $333,000 | 4 lots |
| HIGHEST GROSSING LOTS| 1 | Parviz Tanavoli | Lot: 76 | $2,500,000 | | | 2 | Charles Hossein ... | Lot: 59 | $1,400,000 | | | 3 | Mohammed Ehsai | Lot: 100 | $1,000,000 | | | 4 | Robert Indiana | Lot: 136 | $1,000,000 | | | 5 | Farhad Moshiri | Lot: 158 | $650,000 | | | 6 | Charles Hossein ... | Lot: 57 | $500,000 | | | 7 | Charles Hossein ... | Lot: 60 | $350,000 | | | 8 | Ahmed Moustafa | Lot: 70 | $350,000 | | | 9 | Faramarz Pilaram | Lot: 99 | $320,000 | | | 10 | Abdul Kadir Al-r... | Lot: 67 | $320,000 | |
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HIGHEST ESTIMATED LOTS| 1 | Robert Indiana | Lot: 136 | $1,000,000 - $1,500,000 | | $1,000,000 | exactly at low estimate | | 2 | Parviz Tanavoli | Lot: 76 | $400,000 - $600,000 | | $2,500,000 | $1,900,000 above high estimate | | 3 | Charles Hossein ... | Lot: 57 | $400,000 - $600,000 | | $500,000 | $100,000 above low estimate | | 4 | Ahmed Moustafa | Lot: 70 | $350,000 - $400,000 | | $350,000 | exactly at low estimate | | 5 | Josef Albers | Lot: 150 | $250,000 - $350,000 | | --- | unsold/withdrawn | | 6 | Fateh Moudarres | Lot: 10 | $200,000 - $300,000 | | $240,000 | $40,000 above low estimate | | 7 | Charles Hossein ... | Lot: 60 | $250,000 - $300,000 | | $350,000 | $50,000 above high estimate | | 8 | Charles Hossein ... | Lot: 59 | $200,000 - $250,000 | | $1,400,000 | $1,150,000 above high estimate | | 9 | Farhad Moshiri | Lot: 158 | $200,000 - $250,000 | | $650,000 | $400,000 above high estimate | | 10 | Mahmoud Said | Lot: 11 | $200,000 - $250,000 | | $170,000 | $30,000 below low estimate | | 11 | Abdul Kadir Al-r... | Lot: 67 | $150,000 - $250,000 | | $320,000 | $70,000 above high estimate | | 12 | Paul Guiragossian | Lot: 87 | $200,000 - $250,000 | | $180,000 | $20,000 below low estimate | | 13 | Andy Warhol | Lot: 134 | $100,000 - $150,000 | | $130,000 | $30,000 above low estimate | | 14 | Andy Warhol | Lot: 135 | $100,000 - $150,000 | | --- | unsold/withdrawn | | 15 | Faramarz Pilaram | Lot: 99 | $100,000 - $150,000 | | $320,000 | $170,000 above high estimate |
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BIGGEST SURPRISE LOTS| 1 | Mohammed Ehsai | Lot: 102 | $15,000 - $20,000 | | $170,000 | 8.50 times high estimate | | 2 | Mohammed Ehsai | Lot: 100 | $100,000 - $150,000 | | $1,000,000 | 6.67 times high estimate | | 3 | Charles Hossein ... | Lot: 59 | $200,000 - $250,000 | | $1,400,000 | 5.60 times high estimate | | 4 | Charles Hossein ... | Lot: 55 | $25,000 - $35,000 | | $190,000 | 5.43 times high estimate | | 5 | Shirin Aliabadi | Lot: 122 | $7,000 - $10,000 | | $45,000 | 4.50 times high estimate | | 6 | Parviz Tanavoli | Lot: 76 | $400,000 - $600,000 | | $2,500,000 | 4.17 times high estimate | | 7 | Koorosh Shishega... | Lot: 95 | $25,000 - $35,000 | | $120,000 | 3.43 times high estimate | | 8 | Hossein Kazemi | Lot: 198 | $60,000 - $80,000 | | $260,000 | 3.25 times high estimate |
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Table of LotsPage 1 of 4 | Christie's, International Modern & Contemporary Art, Dubai, April 30, 2008
| | Lot: 1 |  | Fateh Moudarres
KAYCE AND LAYLA
| Estimate: $8,000 - $10,000| Premium: 25.0% | $2,250 | | Result with premium: | $11,250 |
| $9,000 | | Lot: 2 |  | Fateh Moudarres
UNTITLED
| Estimate: $8,000 - $10,000| Premium: 25.0% | $2,750 | | Result with premium: | $13,750 |
| $11,000 | | Lot: 3 |  | Fateh Moudarres
FAMILY
| Estimate: $12,000 - $18,000| Premium: 22.9% | $8,000 | | Result with premium: | $43,000 |
| $35,000 | | Lot: 4 |  | Louay Kayyali
Portrait of a Lady
| Estimate: $25,000 - $35,000| Premium: 23.6% | $6,600 | | Result with premium: | $34,600 |
| $28,000 | | Lot: 5 |  | Louay Kayyali
Motherhood
| Estimate: $70,000 - $85,000| Premium: 20.8% | $27,000 | | Result with premium: | $157,000 |
| $130,000 | | Lot: 6 |  | Naseer Chaura
Landscape
| Estimate: $15,000 - $20,000| Premium: 25.0% | $4,250 | | Result with premium: | $21,250 |
| $17,000 | | Lot: 7 |  | Naseer Chaura
Untitled
| Estimate: $12,000 - $18,000| Premium: 25.0% | $3,750 | | Result with premium: | $18,750 |
| $15,000 | | Lot: 8 |  | Nazir Ismail
Roosters
| Estimate: $6,000 - $8,000| Premium: 25.0% | $1,500 | | Result with premium: | $7,500 |
| $6,000 | | Lot: 9 |  | Naim Ismail
Sunrise
| Estimate: $12,000 - $15,000| Premium: 25.0% | $4,250 | | Result with premium: | $21,250 |
| $17,000 | | Lot: 10 |  | Fateh Moudarres
Wedding in The Kalamoon Mounta...
| Estimate: $200,000 - $300,000| Premium: 20.4% | $49,000 | | Result with premium: | $289,000 |
| $240,000 | | Lot: 11 |  | Mahmoud Said
VIEW OF SIRROS
| Estimate: $200,000 - $250,000| Premium: 20.6% | $35,000 | | Result with premium: | $205,000 |
| $170,000 | | Lot: 12 |  | Mahmoud Said
The Lighthouse at El-Maks
| Estimate: $120,000 - $150,000 | unsold/withdrawn | | Lot: 13 |  | Kamel Moustafa
The Seller of Lupines
| Estimate: $30,000 - $50,000| Premium: 23.3% | $7,000 | | Result with premium: | $37,000 |
| $30,000 | | Lot: 14 |  | Adham Wanly
The Singer
| Estimate: $30,000 - $40,000| Premium: 21.4% | $15,000 | | Result with premium: | $85,000 |
| $70,000 | | Lot: 15 |  | Adham Wanly
Dabkka Dance in Lebanon
| Estimate: $40,000 - $60,000 | unsold/withdrawn | | Lot: 16 |  | Seif Wanly
Nubian Village
| Estimate: $30,000 - $50,000| Premium: 23.6% | $6,600 | | Result with premium: | $34,600 |
| $28,000 | | Lot: 17 |  | Seif Wanly
The Accordionist
| Estimate: $35,000 - $50,000| Premium: 23.3% | $7,000 | | Result with premium: | $37,000 |
| $30,000 | | Lot: 18 |  | Samir Rafi'
La femme du pecheur
| Estimate: $40,000 - $50,000| Premium: 22.9% | $8,000 | | Result with premium: | $43,000 |
| $35,000 | | Lot: 19 |  | Hamed Nada
The Lady and the Horse
| Estimate: $30,000 - $50,000| Premium: 21.5% | $14,000 | | Result with premium: | $79,000 |
| $65,000 | | Lot: 20 |  | Gazbia Sirry
Buildings on the Nile
| Estimate: $10,000 - $15,000| Premium: 25.0% | $3,500 | | Result with premium: | $17,500 |
| $14,000 | | Lot: 21 |  | Gazbia Sirry
Lady and Bird
| Estimate: $20,000 - $30,000| Premium: 25.0% | $4,500 | | Result with premium: | $22,500 |
| $18,000 | | Lot: 22 |  | Mohammed Ismail
Untitled
| Estimate: $20,000 - $30,000| Premium: 22.2% | $10,000 | | Result with premium: | $55,000 |
| $45,000 | | Lot: 23 |  | Ali Mukawwas
The Travelling of the Tree
| Estimate: $20,000 - $25,000| Premium: 25.0% | $4,500 | | Result with premium: | $22,500 |
| $18,000 | | Lot: 24 |  | Fateh Moudarres
Untitled
| Estimate: $90,000 - $120,000| Premium: 20.6% | $33,000 | | Result with premium: | $193,000 |
| $160,000 | | Lot: 25 |  | Louay Kayyali
The Laundrette
| Estimate: $40,000 - $60,000| Premium: 22.9% | $8,000 | | Result with premium: | $43,000 |
| $35,000 | | Lot: 26 |  | Abdel Kader Arnaout
Untitled
| Estimate: $10,000 - $15,000| Premium: 25.0% | $2,000 | | Result with premium: | $10,000 |
| $8,000 | | Lot: 27 |  | Adam Henein
Untitled
| Estimate: $9,000 - $12,000| Premium: 25.0% | $3,250 | | Result with premium: | $16,250 |
| $13,000 | | Lot: 28 |  | Abdullah Murad
Grey Space
| Estimate: $15,000 - $20,000 | unsold/withdrawn | | Lot: 29 |  | Asaad Arabi
The Last Palace
| Estimate: $15,000 - $20,000| Premium: 23.3% | $7,000 | | Result with premium: | $37,000 |
| $30,000 | | Lot: 30 |  | Hossein Behzad
War and Peace/The Angel and Th...
| Estimate: $20,000 - $30,000 | unsold/withdrawn | | Lot: 31 |  | Hossein Behzad
From Omar Khayyam Series: Befo...
| Estimate: $30,000 - $40,000 | unsold/withdrawn | | Lot: 32 |  | Mohammed Ali Taraghijah
UNTITLED
| Estimate: $15,000 - $20,000| Premium: 22.4% | $9,400 | | Result with premium: | $51,400 |
| $42,000 | | Lot: 33 |  | Nasser Ovissi
Untitled
| Estimate: $15,000 - $20,000| Premium: 23.3% | $7,000 | | Result with premium: | $37,000 |
| $30,000 | | Lot: 34 |  | Nasser Ovissi
Stallion in White
| Estimate: $25,000 - $35,000| Premium: 23.6% | $6,600 | | Result with premium: | $34,600 |
| $28,000 | | Lot: 35 |  | Nasser Ovissi
Untitled
| Estimate: $35,000 - $40,000 | unsold/withdrawn | | Lot: 36 |  | Farah Ossouli
Birth of Venus
| Estimate: $20,000 - $30,000| Premium: 25.0% | $5,000 | | Result with premium: | $25,000 |
| $20,000 | | Lot: 37 |  | Rokny Haerizadeh
Razm
| Estimate: $22,000 - $28,000| Premium: 22.4% | $9,400 | | Result with premium: | $51,400 |
| $42,000 | | Lot: 38 |  | Yaghoub Emdadian
Untitled
| Estimate: $20,000 - $30,000| Premium: 23.6% | $6,600 | | Result with premium: | $34,600 |
| $28,000 | | Lot: 39 |  | Abolghassem Saidi
Septembre
| Estimate: $30,000 - $40,000| Premium: 21.1% | $20,000 | | Result with premium: | $115,000 |
| $95,000 | | Lot: 40 |  | Aydeen Aghdashloo
Falling Angels/ANNO 1373
| Estimate: $50,000 - $70,000| Premium: 20.8% | $25,000 | | Result with premium: | $145,000 |
| $120,000 | | Lot: 41 |  | Hossein Khosrojerdi
Gaze
| Estimate: $12,000 - $16,000| Premium: 22.2% | $10,000 | | Result with premium: | $55,000 |
| $45,000 | | Lot: 42 |  | Nasratollah Mosleimian
Submerged
| Estimate: $20,000 - $25,000| Premium: 25.0% | $5,000 | | Result with premium: | $25,000 |
| $20,000 | | Lot: 43 |  | Reza Derakhshani
Death of the Beauty
| Estimate: $25,000 - $35,000| Premium: 21.8% | $12,000 | | Result with premium: | $67,000 |
| $55,000 | | Lot: 44 |  | Khaled Al-rahhal
Portrait of a Woman
| Estimate: $14,000 - $18,000| Premium: 23.1% | $7,400 | | Result with premium: | $39,400 |
| $32,000 | | Lot: 45 |  | Suad Al-attar
Portrait of a Woman
| Estimate: $30,000 - $50,000| Premium: 23.3% | $7,000 | | Result with premium: | $37,000 |
| $30,000 | | Lot: 46 |  | Layla Al-attar
Forest
| Estimate: $20,000 - $30,000 | unsold/withdrawn | | Lot: 47 |  | Suad Al-attar
Sun, Moon and Trees
| Estimate: $18,000 - $25,000| Premium: 25.0% | $4,500 | | Result with premium: | $22,500 |
| $18,000 | | Lot: 48 |  | Dia Azzawi
Folklore Mythology
| Estimate: $80,000 - $120,000| Premium: 21.3% | $17,000 | | Result with premium: | $97,000 |
| $80,000 | | Lot: 49 |  | Nazar Yahya
Orange Landscape
| Estimate: $12,000 - $18,000| Premium: 25.0% | $2,500 | | Result with premium: | $12,500 |
| $10,000 | | Lot: 50 |  | Karim Risan
Untitled
| Estimate: $6,000 - $9,000 | unsold/withdrawn |
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BE THERE
