Monday, September 26th, 2011

Sale of Modern and Contemporary Turkish Art at Antik A.S. in Istanbul Totals $ 10.2 Million

November 11, 2010 by  
Filed under Art Market

ISTANBUL.- At Antik A.S. in Istanbul, the sale of Modern and Contemporary Turkish Art totals of $10,230,000 within the presale estimate of $7.2 million. Competition was fierce for many of the top lots, with multiple bidders participating. This resulted in more than 94% of the lots achieving prices at or above their starting prices. Mubin Orhon’s monumental masterpiece dated 1962 was the top-selling lot in the sale, brought a remarkable 965,000 USD. It exceeded pre-sale estimation of 500,000 – 700,000 USD. [...]