The 24th Tehran Auction, dedicated to contemporary Iranian art, concluded with total sales of $1,472,130 on Friday. The top lot was Reza Derakhshani's painting “One Golden Winter Hunt,” which sold for $154,000. The auction featured 120 works by 117 artists, including established names like Masoud Arabshahi, Kourosh Shishegaran, and Parviz Kalantari, with only six pieces remaining unsold.
This auction matters because it demonstrates sustained demand for Iranian modern and contemporary art, both domestically and internationally. As the first independent private auction of its kind in Iran, launched in 2012, it has become a key platform for introducing Iranian artists to collectors and global audiences, helping to formalize and grow the Iranian art market despite economic and political challenges.