ArtDayME: Tehran Auction held its 19th auction, presenting Modern and Contemporary Iranian art at the Azadi Hotel, Tehran, Iran. A sale total of $5,317,840 USD was realized, proving again that Tehran Auction has achieved its goal of expanding the country's art market.

The auction offered 90 works by 69 artists consisting of 83 paintings and 7 sculptures. A total of 82 works were sold, which makes it a %91 sold by lot, achieving a hammer price of %112 against the total low estimates.

Tehran Auction is proud that it has greatly contributed to boosting the Iranian art market, attracting many new and enthusiastic buyers and collectors to the market. It has also contributed to introducing Iranian artists to the international art scene with their sale records now accessible through major art databases such as AskArt, Artnet, and Artprice.

The 19th Tehran Auction was held under the management of Alireza Samiazar, and the auctioneer was Iranian actor Reza Kianian.

The top 5 sales were as follows:

Lot     Artist                                                       Title                       Price Realized USD

76      Sohrab Sepehri                                     Untitled                      448,800

58      Hossein Zenderoudi                              Who's Watching        312,400

83      Sohrab Sepehri                                     Untitled                      308,000

46      Aydin Aghdashloo                                 Mors and Vita             290,400

54      Mohammad Ehsai                                Mohabbat (Affection)  198,000

1 USD = 500,000 IRR