Sotheby's to Host Saudi Arabia's First International Auction on Feb 8

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Sotheby's to Host Saudi Arabia's First International Auction on Feb 8

February 8, 2025, Sotheby's will organize Saudi Arabia's first international auction in the medieval village of Diriyah, making history in the process. This historic event, called "Origins," will represent a major turning point for the Kingdom's art market by showcasing a wide range of modern and contemporary artworks, Islamic relics, luxury goods, and memorabilia.

A Historic Venue

A UNESCO World Heritage Site and the origin of the Saudi kingdom, Diriyah provides an appropriate setting for this historic auction. The town is the perfect venue for such a major event because it is not only rich in history but is also evolving into a center of culture. The auction, which will be divided into two sections, will include pieces by both Saudi artists and well-known international artists.

Exhibition Details

From February 1 to 8, Sotheby's will hold a free public exhibition before the auction, during which time guests can view every object up for auction. Engaging the audience and promoting a love of art and culture in Saudi Arabia are the goals of this show. The managing director of Sotheby's Global Fine Arts, Sebastian Fahey, was upbeat about the endeavor, saying it represents a new phase in Sotheby's operations in Saudi Arabia and highlights their dedication to art and collecting education.

Expanding Presence in Saudi Arabia

The auction takes place at the same time that Sotheby's new headquarters in Riyadh's Al Faisaliah Tower, the Kingdom's first skyscraper, opens. This action demonstrates Sotheby's sustained commitment to the area after its formal integration in Saudi Arabia at the end of 2023. The CEO of Sotheby's, Charles F. Stewart, emphasized that this program strives to empower Saudi Arabia's younger population and reflects the country's dynamic cultural evolution.

Diverse Offerings

A wide range of goods, including jewelry, vehicles, handbags, sports memorabilia, and luxury watches, will be up for auction at the "Origins" auction. A commissioned Cartier Crash watch and game-worn memorabilia from international sports greats like Cristiano Ronaldo and Michael Jordan are among the noteworthy objects. In addition to appealing to seasoned collectors, this varied selection opens up the world of great art and luxury to new audiences.

Conclusion

An important turning point for the auction house and Saudi Arabia's developing cultural scene is marked by Sotheby's first auction in Diriyah. This event is expected to be a significant milestone in the Kingdom's artistic history as it honors its rich legacy while looking to the bright future.

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