eshgh (Love) by Farhad Moshiri

Iranian artist, Farhad Moshiri’s painting “Eshgh (Love)” was sold for $1,048,000 during Bonhams “Modern & Contemporary Arab, Iranian, Indian & Pakistani Art” auction in Dubai.
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JamesList.comFredrik Karlberg, Marketing Director of Stockholm, Sweden based JamiesList.com emailed me to announce that JamesList – a global luxury marketplace – officially launched today. JamesList is a classified ads site focusing on high value, luxury items in many categories including cars, motorcycles, watches, yachts, jets and more. I am not sure who James is – vs Craig Newmark of Craigslist.org – but certainly a good, brandable name for their site. I shall ask. According to their press release, they advertise a combined inventory of over 20,000 luxury items from over 350 dealers world-wide. See below a few selected ones, in the million-dollar range plus some:
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Mao Tse Tung - Andy Warhol

Andy Warhol’s work titled “Mao” was sold in London on June 30 within the “Post war and contemporary art” auction for £541,250 ($1,078,712)

The evening’s highest price was paid for Francis Bacon’s “Three Studies for Self-Portrait”, a stunning £17,289,250 ($34,457,486)

Three Studies For Self Portrait by Francisc Bacon

As always at Christie’s modern art auctions, there were many great artworks bought, including Subodth Gupta’s “Dubai to Calcutta #19″ work for £313,250 ($624,307); pictured below:

Dubai To Calcutta by Subodh Gupta



Pearl necklace

The nine-strand necklace that once belonged to Umm Kulthoum sold for $1,385,000 in April in Dubai, which is over ten times the pre-auction estimate announced by Christie’s. See Bloomberg’s post on the Dubai art auction market.