Held annually, the Sovereign Art Prizes invite entries from established artists nominated by our board of experts. Entries are judged by a panel of art experts and professionals from the region who select the best 30 from a digital image. These 30 are then exhibited in a prominent public space. The announcement of the first and public prize winner is made during the exhibition or auction dinner. T
he public prize is awarded to the piece which receives the most votes from those who attend the exhibition or cast their votes through the Foundation website. The first prize is $30,000 USD in Asia, $25,000 USD in Africa and 25,000 Euros in Europe. With the exception of the winning entry, which becomes the property of the Foundation, all art works are sold by auction during a special charity dinner. The proceeds are split between the artist and the Foundation. So the artist receives the same split as they would through a gallery except higher prices are normally achieved by generous bidding from our charity patrons. The auctions have acted as a spring board, enabling many mid-career artists to achieve record prices, great publicity and a wider audience for their work. Notable successes have included: Rashid Rana, Qi Zhi Long and Haris Purnomo among others. We aim to cover the costs of the exhibition and auction events from sponsorship from The Sovereign Group and others leaving funds raised at the auction to be distributed without dilution to charitable artistic causes.
