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Sotheby’s “Origins II” Results Suggest Saudi Collectors Are Prioritizing Legacy

Sotheby's second auction in Saudi Arabia, 'Origins II,' achieved a total of $19.6 million, nearly doubling its low estimate. The sale, held in Diriyah, saw strong demand for Saudi and MENA artists, with a third of works sold to local collectors, signaling a shift from the previous year's reliance on international blue-chip art.

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Thaddaeus Ropac is opening a new project space in New York and has hired Emilio Steinberger as a senior director. Hauser & Wirth now represents artist Conny Maier in collaboration with Société in Berlin. Zippora Elders Tahalele has been appointed director of the Nederlands Fotomuseum. The Tulsa Artist Fellowship announced its 2026–28 cohort of ten artists and arts workers. The ADAA appointed four new board members: Elizabeth Feld, Bridget Moore, Yancey Richardson, and Melissa Timarchi. Sotheby's second sale in Saudi Arabia, 'Origins II,' totaled $19.6 million, with a record $2.1 million for Safeya Binzagr's work. The article also covers Art Basel Qatar's first edition, with comments from Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani and artistic director Wael Shawky.

Saudi painter Safeya Binzagr outshines Picasso at Sotheby’s second sale in Diriyah

Sotheby's second auction in Saudi Arabia, 'Origins II,' concluded with strong results, achieving a hammer total of $15.4 million and an 89% sell-through rate. The sale demonstrated robust demand for regional artists, particularly Arab Modernists, while some high-profile Western works were withdrawn or failed to sell. The standout lot was a 1968 painting by the late Saudi pioneer Safeya Binzagr, titled 'Coffee Shop in Madina Road,' which sold for $1.1 million, significantly outperforming a Picasso work in the same sale.

sothebys second sale saudi arabia results 1234771783

Sotheby's second auction in Saudi Arabia, titled 'Origins II,' achieved a strong result of $19.6 million, surpassing its presale estimate. The sale of 61 lots was bolstered by a new auction record for a Saudi artist and a significant increase in the value and volume of works by Saudi artists sold compared to the house's inaugural sale in the country last year.

Saudi Artist Breaks Record with $2m Sale at Sotheby’s Diriyah Auction

A painting by Saudi artist Safeya Binzagr, 'Coffee Shop in Madina Road' (1968), sold for $2.06 million at Sotheby's Origins II auction in Diriyah, shattering its high estimate of $200,000. The sale set a new auction record for Binzagr and is the third-highest price ever achieved by an Arab artist at auction.

Sotheby’s Origins II Returns to Riyadh

Sotheby’s is returning to Riyadh for the second edition of its Origins sale, titled Origins II, with a live auction scheduled for 31 January. The sale will feature over 70 lots spanning Modern and Contemporary Art, Ancient Sculpture, and 20th-Century Design, including works by Saudi pioneer Safeya Binzagr, Iraqi artist Mahmoud Sabri, and Pablo Picasso. The auction coincides with the Diriyah Contemporary Art Biennale and the debut of Art Basel Doha, and will be preceded by a public exhibition at Diriyah’s Bujairi Terrace from 24 to 31 January.

Pablo Picasso and Safeya Binzagr headline Sotheby’s second sale in Saudi Arabia

Sotheby's will hold its second auction in Saudi Arabia, Origins II, on January 31 in Diriyah, featuring works by Pablo Picasso, Andy Warhol, Anish Kapoor, and Middle Eastern artists including Safeya Binzagr and Mohammed Al Saleem. The sale spans categories from ancient sculpture to contemporary South Asian art, with highlights including Picasso's 'Paysage' (1965, est. $2-3 million) and Binzagr's 'Coffee Shop in Madina Road' (1968, est. $150,000-200,000).

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Sotheby's will hold its second Saudi Arabia auction, 'Origins II,' on January 31, 2027, focusing exclusively on art after its first sale struggled with a 65.8% sell-through rate and unsold luxury lots. Meanwhile, the Smithsonian's National Museum of Asian Art has voluntarily returned three statues to Cambodia after determining they were removed during the country's civil war. In digital art news, The Art Newspaper criticizes the 'culture of narcissism' in the field, citing Art Basel Miami Beach's new Zero 10 digital art initiative as an example of bypassing traditional curatorial safeguards.

sothebys saudi arabia second auction art luxury 1234768014

Sotheby's will hold its second auction in Saudi Arabia, titled "Origins II," on January 31 in Diriyah, following its first auction in the kingdom in February 2024. The inaugural sale, also called "Origins," achieved $17.3 million within pre-sale estimates but had a 65.8% sell-through rate, with 40 of 117 lots unsold, particularly jewelry and handbags. The upcoming auction will focus exclusively on fine art, featuring over 70 works by international and Middle Eastern artists, including Anish Kapoor, Andy Warhol, Mohammed Al Saleem, Mahmoud Sabri, and Samia Halaby. The sale is scheduled just before the inaugural Art Basel Qatar.