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Wednesday, February 08, 2012

The boom of the Turkish art market - CNN.com

The boom of the Turkish art market
By Ivan Watson and Yesim Comert, CNN
updated 2:30 PM EST, Wed February 8, 2012

Istanbul (CNN) -- The auctioneer rattled off prices and artists' names with breathtaking speed, punctuating every sale with the announcement "Saa ... saa ... saa -- TIM!" meaning sold in English.

The bidding was fast and sometimes competitive at the Nisantasi Auction House, in one of Istanbul's most posh neighborhoods. Within an hour, auctioneer Ali Ulukaya sold off more than $300,000 worth of paintings, almost all of them by living Turkish artists.

More:The boom of the Turkish art market - CNN.com