YEREVAN. – There is an interest in the world with respect to the artworks of Armenian specialists, and this is proved by the sale of their creations in international auctions, Armenia’s newly opened A A Auction auctioneering organization director Suren Avagyan told Armenian News-NEWS.am.  

“The artworks are created in Armenia, but the problem is that we know nothing in Armenia about the auctioning price of these creations for the simple reason that there was no auctioning appraisal here,” Avagyan said, and noted that A A Auction has commenced an expert appraisal of the creations that are introduced for auctioning. “Basically, the price of a creation is determined by auctioning,” he noted, and stressed that, at present, there are lots in Armenia whose auction prices start from $1,000-$2,000.       

In his words, Armenia’s first artwork auctioneering will be conducted on the floor and online. The online auctioneering participants can make purchases totaling up to $30,000, but there will be no price limitations for the on-floor auctioning lots.    

Suren Avagyan informed that A A Auction will hold its first auction on December 8.