Turkish Modern Art Sale at Antik A.S. Totals $ 10.2 Million

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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. Further highlights of 263rd sale included Fahr El Nisa Zeid’s oil on canvas, dated 1946-53 which was sold for 761,000 USD. Most expensive living Turkish artist Burhan Dogancay’s “Dancing Ribbons” brought 626,000 USD. Olgac Artam directed the 263rd sale of Antik A.Ş. The sale room was crowded with collectors. New auction records were set for many Turkish artists, including Mehmet Güleryüz&