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Thursday, November 25, 2010

BONHAMS TO HOLD FIRST MODERN TURKISH ART SALE IN LONDON NEXT APRIL




INTERNATIONAL FINE ART AUCTION HOUSE OFFERS  TURKISH ART GREATER

ACCESS TO WORLD ART MARKET

Bonhams the international fine art auction house announced this week that it would be holding its first sale of Modern and Contemporary Turkish Art in London on 5th April 2011. With this in mind the company has appointed an agent, Erdem Sontur, in Turkey this week.

The company which operates in 27 countries on four continents sees its expansion into the modern Turkish art market as part of its expanding global reach.

Bonhams Turkey will offer valuations and advice as well as sourcing works of art for sale in London. The main thrust of the company’s business in Turkey will be focussed on Modern and Contemporary Turkish Art. Both these sectors have seen rapid growth of interest in the last ten years with sales in London, Paris, Dubai, New York and Los Angeles all attracting buyers of Turkish art, mainly expatriate and home based Turks but increasingly non Turkish buyers as well.

Representing Bonhams in Turkey is Erdem Sontur, a graduate of Istanbul University with a degree in Art History and Archaeology. He has a longstanding connection with the Trigg Foundation for Byzantine and Ottoman Studies which organises cultural courses in Turkey. He has a keen interest in Modern and Contemporary Turkish Art.

He comments: “I am looking forward to promoting Turkish Art worldwide through this exciting new association with Bonhams which has now set up a base in my native city of Istanbul.”

Erdem will be assisted by Mehreen Rizvi, and Kristina Sanne. A press conference to introduce Bonhams local team and Bonhams senior management to the Turkish press will take place at a date to be announced.

The move marks Bonhams ongoing plans for global growth in the world’s major centres for auctioning art and reinforces its position as one of the world’s leading auctioneers.

Matthew Girling, Bonhams European Chairman, who is spearheading this new venture says: “Appointing an agent in Turkey and holding a first Modern Turkish Art Sale marks the crossing of another art market frontier in Bonhams global development. It is part of a strategic decision to increase our international presence in this dynamic part of the world. Turkey is an incredibly exciting environment to be doing business in at the moment and we see it as an essential ingredient of the art market in the long term future.”

“Part of the new reality of the global art market has been the dramatic emergence in the last decade of new buyers for Contemporary Turkish, Art. Until recently these buyers have been mostly drawn to more traditional national art. However, the new generation of collectors, dealers and artists are increasingly influenced by broader trends from both the traditional and contemporary art world.”

Bonhams has a long and distinguished record of holding fine sales of Turkish and Islamic Art at the company’s Headquarters, 101 New Bond Street in London.

Bonhams, founded in 1793, is one of the world's oldest and largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son and Neale UK. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street, and Knightsbridge, and a further five throughout the UK. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Boston in the USA; Toronto, Canada; and France, Monaco, Hong Kong and Dubai. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 57 specialist areas. By the end of 2009, Bonhams had become UK market leaders in ten key specialist collecting areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments, go to www.bonhams.com

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