Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Doha Carpet Attracts Three Bidders, Sells for $5.48m

March 19, 2009 by Marion Maneker

Agence France Presse is on the scene to record the maharajah of Baroda’s carpet sale:

Sotheby’s auction house said it had expected bidding for the Pearl Carpet of Baroda to start at five million dollars and believed it would fetch a much higher price. But the starting price was brought down to 4.5 million dollars because there were few buyers, Sotheby’s spokesman Habib Basha told AFP in Doha.

“We had to reduce the opening bid to 4.5 million and the pearl carpet (eventually) sold at 5.458 million dollars,” including commission and fees, he said. The eventual buyer was one of three bidders but he wishes to remain anonymous, Basha added.

Prophet’s tomb pearl carpet sells for $5.458 mln (AFP)

Pearl Carpet of Baroda Sells for Record $5.5m in Qatar (Bloomberg)

More from Art Market Monitor

  • Sotheby's Islamic Art FindsSotheby's Islamic Art Finds
  • Carpet of DreamsCarpet of Dreams
  • Zhang Xiaogang and Key Chinese Contemporary Artists from Storied Johnson Chang Collection Come to AuctionZhang Xiaogang and Key Chinese Contemporary Artists from Storied Johnson Chang Collection Come to Auction
  • Bacon, Picasso, Lichtenstein Top 2020 Global Modern & Contemporary Auctions: AnalysisBacon, Picasso, Lichtenstein Top 2020 Global Modern & Contemporary Auctions: Analysis
  • Van Rysselberghe, Klee, Magritte Lead June 2020 Paris Impressionist and Modern Sales: AnalysisVan Rysselberghe, Klee, Magritte Lead June 2020 Paris Impressionist and Modern Sales: Analysis
  • As Coronavirus Escalates, Sotheby’s Relocates Modern and Contemporary Hong Kong Sales to New YorkAs Coronavirus Escalates, Sotheby’s Relocates Modern and Contemporary Hong Kong Sales to New York

Filed Under: Auction Results Tagged With: Gulf States, Sotheby's

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor