Revered auction house Christie's have revealed that Egyptian art has sold for millions of dollars in 2014 alone.
Egyptian artists celebrated incredible successes in Christie's Middle Eastern sales this year in Dubai, enabling many of them to achieve sales records and international fame.
Amongst the biggest winners were Abdul Hadi el-Gazzar who parted ways with his piece “Construction of the Suez Canal” for $1,023,750 which is a world auction record for the artist. The Pharos Collection of Modern Egyptian Art changed owner for $3.9 millon despite only targeting a sum of $1.4 million. Adam Henein’s “Labor” also sold for $171,750 while Hassan Soliman’s “The Last Supper” brought in $171,750, each exceeding expectations respectively.
In October, Christie's made even bigger sales, doubling the cash made from the previous year from 6 to 12 million dollars. The auction featured paintings by "The Father of Modern Egyptian Art" Mahmoud Saïd such as his record-breaking piece “Bergère à Alamein” which sold for a $869, 000. With these successful numbers coming from Egyptian art Christie's is looking forward to hosting the Spring auction once again in March in 2015. We are curious to see how much Egyptian art can make in the coming year.
Photo Credit: Christie's