What Lies Behind Tehran Auction's Billion-Toman Prices?

Estimated prices for works at the 26th Tehran Auction differ markedly from the previous edition's figures, with two works estimated at 100 billion tomans or more. Alireza Samiazar, director of Tehran Auction, says that what 'may seem like a huge sum by the national currency measure is not necessarily so from the perspective of the international art market.'

The estimate of the price of the works of the 26th Tehran auction has a significant gap with the figures of the previous period, and the estimate of two works reaches more than 100 billion tomans or more. Alireza Sami-Azer, director of the Tehran auction, says that what "might seem like a huge figure by the standard of the national currency, it is not necessarily so from the perspective of the international art market."