The 5th annual Tehran art auction hit record sales of $7.4 million

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 Total sales were 12 percent higher than the previous year, though this year’s auction saw only 79 items sold, as opposed to 126 then.Works by renowned poet Sohrab Sepehri sold for $873,000. Last year, three of his untitled paintings sold for $875,000. Works by the internationally known sculptor Parviz Tanavoli had a starting price of about $100,000, as well.