Middle East Auction info

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Published October 30th, 2007

Press Release

Christie’s, the world’s leading art business and auction house, has today announced $30 million worth of renowned international and western art including exquisite jewels and watches will be sold at its forthcoming auctions to be staged at Jumeirah Emirates Towers hotel on 31st October and 1st November at 6.30 pm respectively.

Middle East residents will be among the first to see an additional $21.4 million of international jewellery and impressionist picture highlights that will be exhibited in the UAE ahead of Christie’s sales in Geneva and London later in the year. Together, this represents the largest and highest value selection of art and jewellery that has ever been exhibited in the Middle East and reflects Christie’s unrivalled commitment to the region.

In the International Modern & Contemporary Art sale, Christie’s will offer works by leading UAE, Syrian, Lebanese, Egyptian, Iranian as well as Western artists spanning several periods and reflecting Christie’s continued understanding of the Middle East’s growing art market and its response to the evolving tastes of clients in the region.

The exquisite selection of watches in Christie’s second Dubai sale features 37 important items by a number of leading watch makers. Of particular note is the Grande Complication, one of the most complex wristwatches by IWC of Schaffhausen (estimate: $70,000-100,000.) The sale will also include a magnificent 18 carat white gold diamond Aura wristwatch by Piaget (estimate: $80,000-120,000), a superb 18 carat white gold, diamond and sapphire set wristwatch with bracelet by Audemars Piguet (estimate:
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$50,000-70,000 ) and a rare limited edition platinum double retrograde Tortue XL Tourbillon wristwatch by Cartier (estimate: $50,000-80,000).

Signalling a new conduit for art and jewellery enthusiasts in the Middle East and at the same time enhancing the region as an important platform in the international art market, Christie’s will also introduce a real-time multi-media auction service, Christie’s LIVE™ in Dubai. This new online offering qualifies Christie’s as the first international auction house in the Middle East to offer art, jewellery and watches through live online auctions, enabling collectors and interested parties around the Middle East and the world to enjoy the look, sound and feel of Christie’s auctions from their personal computers, as well as participate in them.