A contemporary art auction in Tehran raised almost $1m , twice the total of the previous event in Friday . This was despite fears that US sanctions would mean fewer buyers. The event included a record price for a work by a local female artist of almost $1m paid for mosaic piece ’s mirror mosaic. The second Teheran Auction featured 180 artists.
A contemporary art auction in Tehran raised an estimated $8.1m, twice the total of the previous event in January 2018. This was despite fears that US sanctions would mean fewer buyers. The event included a record price for a work by a local female artist of almost $1m paid for Monir Farmanfarmaian’s mirror mosaic. The 10th Teheran Auction featured more than 100 artists.