Contemporary İstanbul wraps up 7th year with 66 pct success
Sixty-six percent of the 3,000 works exhibited have been sold at this year's Contemporary İstanbul (Cİ) art fair, which wrapped up its seventh edition in İstanbul on Sunday.

Billed as Turkey's most important gathering in the field of contemporary art, the 2012 edition drew 68,000 visitors throughout its five days in the Lütfi Kırdar and Harbiye convention centers, the organizers of the fair announced in a written statement on Monday.

The 2012 Cİ hosted a total of 102 art galleries from around the world, 45 of which were from Turkey. Works by 612 artists were on display at the fair, where the total value of the works exhibited amounted to more than $100 million, the statement said.

Andy Warhol's "Portrait of Barbara Molanksy," presented at Portugal's Cordeiros Galeria with a price tag of $5.2 million, and Jean Michel Basquiat's "Logo," showcased at Opera Gallery and worth $3.2 million, were among the most expensive pieces at the fair.

The Nov. 22-25 fair attracted 1,200 collectors from Turkey and abroad. The 2012 figures mark a 106 percent increase in the number of works sold in the fair, compared to the previous year, the statement added.

In addition to art galleries, 10 artist initiatives, 14 art institutions and 16 art publications from Turkey and abroad were represented at the fair.

Cİ will mark its eighth edition in 2013 from Nov. 7-10, featuring two new satellite fairs that will run concurrently with the main fair; the first one will focus on photography and new media and the second one, called Step İstanbul, will have young, emerging artists and art galleries at its focus.

(Cihan/Today's Zaman) CİHAN
Last Modified: 2012-11-26 20:00:02
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