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Egyptian painting fetches record 2.43 million dollars

A famous Mahmud Said painting was sold at an auction organized in Dubai for about 2,43 million $, a record price for an Arabian piece of art.

It is therefore registered as the most expensive canvas ever sold in an Arabian auction.

The painting- Les Chadoufs, representing Egyptian  peasents carring water from the Nile, had the starting price of 150,000 $, according to Christie Auction House.

The identity of the purchaiser has not been made public so far.

The painting belonged to the ex mayor of Jeddah in Saudi Arabia- Mohamed Said al-Fares.

25 pieces, part of his private collection have been auctioned at Chistie’s, the total sale amount reaching 8,7 million $.

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Posted by McKenzieDean on May 5 2010 Filed under Asia. You can follow any responses to this entry through the . You can leave a response or trackback to this entry

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