Manoucher Yektai: Exploring the Market of 2023's Best-Selling Iranian Artist
Manoucher Yektai, an esteemed Iranian poet and artist, made his entry into the secondary market in 2006 with two unique pieces featured at the Dreweatts and Bloomsbury auction in Berkshire, England. Up until 2013, Yektai's market saw limited growth, mainly due to the scarcity of his works and their presence in lesser-known auctions. The launch of the Tehran Auction in 2011 marked a turning point. As Yektai's paintings began to be featured, his market experienced significant growth, peaking in 2016.
From 2016 to 2022, the market for Yektai's works saw a decline in total auction sales. Yet, 2023 brought a remarkable resurgence, with sales nearing the peak levels of 2016. This growth propelled Yektai to become the best-selling Iranian artist of the year. In our latest blog post, the Artchart team delves into the market trends of Manoucher Yektai's unique works over the years, with a special focus on the remarkable developments in 2023. 
21 May 2024
Manoucher Yektai: Exploring the Market of 2023's Best-Selling Iranian Artist 21 May 2024
Manoucher Yektai, an esteemed Iranian poet and artist, made his entry into the secondary market in 2006 with two unique pieces featured at the Dreweatts and Bloomsbury auction in Berkshire, England. Up until 2013, Yektai's market saw limited growth, mainly due to the scarcity of his works and their presence in lesser-known auctions. The launch of the Tehran Auction in 2011 marked a...
Mohsen Vaziri-Moghadam's Market Review 27 January 2024
Mohsen Vaziri-Moghaddam, an Iranian painter, sculptor, lecturer, and art writer, was born in Behbahan in 1925 and passed away in Rome 94 years later. Throughout his career, he conducted various experiments using different materials and media. However, Vaziri-Moghaddam is most renowned for his sand paintings and articulated sculptures. His works have been featured in auctions since 2...
MODERN & CONTEMPORARY MIDDLE EASTERN ART: A REPORT 23 May 2023
In this report, the works of Iranian artists in the online auction of Christie's Dubai in the contemporary and modern art of the Middle East are discussed. In this auction, 15 works by Iranian artists were present, from veterans such as Manouchehr Yektai to young contemporary artists such as Rokni Haerizadeh. Information such as total sales, growth rate and the most expensive works...
Art Community, Social Movements: A series of conversations: Shahrouz Nazari 28 March 2023
Shahrouz Nazari is an art critic and gallerist, whose opinions are often met with many reactions in social medias. Nazari is one of the few people who pays attention to the role of criticism and writing in addition to artworks' exhibitions, and he has shown that he works in this direction at Homa Gallery. He knows that Iranian art cannot be analyzed outside of its context, and for t...
Artchart's interview with M Smart at Art Dubai 2023 9 March 2023
During Art Dubai, we sat down to talk with M Smart and listened to his story about entering the art world.
Not all artworks reach the art market: Which artists have captured the market? 30 January 2023
Due to the limitation applied to the supply in the art market, this market has an exceptional nature that many economists have avoided explaining it in the form of conventional interpretations; In this article, Mehrnoosh Ali Madadi has investigated the nature of this market in relation to its main players and how to enter it.
Commodification of art 28 January 2023
Karl Marx' view asserts that determining the material value for anything (whether it is an object, activity or even an idea), which usually does not have an economic aspect, causes it to become a commodity; Such as the commodification of education that some people provide for university degrees in exchange for money, or people who sell their body parts for various reasons. This show...
Outsider artists' market 28 January 2023
In past recent years, Outsider artists have been receiving more attention in Iran; But about western Outsider artists, this attention goes back many years. This has caused art fairs and a separate section in some auction houses to be dedicated to these artists in the world. In this note, Marzieh Eftekhari takes a look at these events and provides a brief review of the outsider art m...
Printmaking market: reproducible artwork 22 January 2023
Printmaking is a medium that became popular again among artists in the middle of the 20th century; For this reason, the 60s and 70s are referred to as the renaissance of printmaking. In this short essay, the printmaking market and its special auctions are discussed.