Sotheby's Islamic art sales hit £14.8M, up 20% year-on-year
Sotheby's reported impressive sales of £14.8 million ($20 million) from three auctions featuring Islamic, Orientalist, and Middle Eastern art, marking its best performance in this category since April 2023. The leading auction, Arts of the Islamic World and India, brought in £11.2 million ($15.2 million), surpassing predictions. Participation came from bidders across 25 nations, with the presale exhibition attracting approximately 2,500 attendees. Notably, 64 percent of the lots exceeded their high estimates, reflecting strong competition among bidders. These results represent a 20 percent rise compared to the same timeframe last year, highlighting ongoing global interest in these artistic traditions.
Key facts
- Sotheby's Islamic and Middle Eastern art sales reached £14.8 million ($20 million).
- The flagship Arts of the Islamic World and India sale brought in £11.2 million ($15.2 million).
- Bidders from 25 countries participated in the auctions.
- The presale exhibition attracted around 2,500 visitors.
- 64 percent of lots exceeded their high estimates.
- This is Sotheby's strongest season in this category since April 2023.
- The total represents a 20 percent increase compared to the same period last year.
- The sales included Islamic, Orientalist, and Middle Eastern art.
Entities
Institutions
- Sotheby's
Locations
- London
- United Kingdom