Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style.
Diriyah
CNN
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Sotheby’s inaugural auction in Saudi Arabia — and the country’s first major international art and luxury auction — took place in Diriyah on Saturday with works by regional artists selling particularly well.
Sotheby’s reported a full house for the “Origins” sale, which was held in a 250-seat outdoor amphitheater and featured participants from 45 countries. The sale totaled $17.28m with a sell-through rate of 67% by lot and 74% by value. Almost a third of the buyers were from Saudi Arabia.
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