The inaugural sale of the Moroccan subsidiary of Artcurial, the first French house in auctions, on December 30 at the Mamounia in Marrakech was the largest auction ever recorded in Morocco and Africa except for South Africa.
Etienne Dinet’s painting “Le fils d’un Saint M’rabeth” was hotly contested by 3 bidders to reach the highest price for the artist ever achieved since 2008 in the world, indicates an Artcurial press release received by the MAP.
The overall sales of Artcurial Maroc achieved “great success”, totaling 41,067,950 MAD (3,819,319 €) including costs, the press release added.
Moroccan arts enthusiasts attended two exhibitions, one dedicated to artist Majorelle and his contemporaries with 71 pieces including Etienne Dinet’s masterpiece, the other dedicated to “Made in Morocco” with 188 pieces. The overall sales for both exhibitions were respectively 29,381,600 MAD (2,732,489 €) and 11,686,350 MAD (1,086,831 €).
In a full house, the sale gathered a Moroccan and international clientele with no less than 15 nationalities among the buyers, explains Artcurial.
The 4 Majorelle paintings were sold well above their estimates like the oil “Les Allamattes”, estimated 1,650,000-2,200,000 MAD / 150,000-200,000 € and sold 3,819,000 MAD / 355,167 €, notes are we.
The “Made in Morocco” session, was dedicated to Moroccan decorative and modern art represented by artists Mohamed Melehi, Chaïbia, and Hassan El Glaoui, the latter having won the best bid with “La sortie du roi”, an oil sold at 715,000 MAD / 66,495 €.
Chaibia’s painting, “Un cycliste”, was sold for MAD 676,000 (€62,868) while the painting of Melehi, “Flamme bleue” was sold for MAD 650,000 (€60,450).