Pakistan art makes a good debut at the first dedicated art auction
Total lots in auction
Total Winning Value (inclusive of buyer's premium)
The top lots by value were dominated by the known names like Jamil Naqsh, Imran Qureshi and Rashid Rana. A number of new artists made it into the most expensive list, like Ali Kazim, Saira Wasim and Bani Abdi.
There were also a number of artists who made their auction records by achieving the highest selling price ever for their work in this auction. These artists include Imran Qureshi, Ali Kazim, Bani Abidi and Saira Wasim.
Top 10 Lots by Value
Winning Value (US$)
Ommatidia II (Salman Khan)
Anwar Jalal Shemza
Male + Female
Let It Ride # 3
We hope to see this auction becoming a regular feature. To Saffronart, our recommendation will be to focus on a smaller number of works (30-40), more focused artist pool, add approximately 10% items with a substantially higher ticket per item and a little of the Masters too (but staying away from the fake factory!).
While the results of tihs auction can be best described as mixed, we see the glass half full rather than half empty. We view the start of this auction as another another push towards the slow but positive momentum of Pakistan's art development at the global stage. Christies now gives a much broader space to Pakistan art, Bonhams has been pushing Paksitan art for year, Yamini Mehta's move to Sothebys is sure to provide more filip to Pakistan art presence at their auctions. slowly, there is critical mass being developed. Pakistan art space in 2015 will look very different from now. We hope to enjoy that journey together with you !