According to Honaronline.com, the amount was from the sale of 64 artworks from known and emerging artists.
Works by renowned painter and calligrapher Faramarz Pilaram (1937-1982) and modern painter Sirak Melkounian, 87, fetched 400 million rials ($4,000) and 300 million rials ($3,000) respectively -- the first and second most expensive works sold.
Other works purchased were by modernist painter Farideh Lashai, painter and sculptor Mohammd Ehsai and realist painter Hojjat Shakiba.
However, majority of the works belonged to young artists, especially artists from cities other than Tehran.
The major exhibit-cum-sale “100 Works, 100 Artists” is one of the oldest visual art events in the country, offering works in a variety of art mediums. Prices of artworks start from 3 million rials ($30).
It is scheduled to run through August 21. The gallery is located at No. 34, Kamsaei Street, Darrus neighborhood, Dowlat Street.
The most expensive work on offer is a painting by renowned painter and sculptor Bahman Mohasses (1931-2010) tagged at 850 million rials ($8,500). A lithograph priced at $5,500 is another work of the contemporary artist on show.
Source: Financial Tribune