Collectors Spent $327-M on Vintage & Classic Cars this Weekend

Collectors Spent $327-M on Vintage & Classic Cars this Weekend

Collectors Spent $327-M on Vintage & Classic Cars this Weekend $BID High priced car sales come in stronger than experts expected That’s the takeaway after 4 days of vintage and classic car auctions during Monterey Car Week. Across 6 companies, preliminary numbers show sales totaling $327-M at Pebble Beach at the weekend, down 3% from last year […]

Top Vintage & Classic Cars on Auction at Pebble Beach

Top Vintage & Classic Cars on Auction at Pebble Beach

Top Vintage & Classic Cars on Auction at Pebble Beach $BID, $RACE If you are a true Vintage and Classic Car buff, this may be your year. Official estimates for the Pebble Beach automobile auctions this week have set sales totals at $290-M, that down 14% since Y 2016. It’s the 3rd consecutive decliner since […]

Pink Star Diamond Posts World Record Price at $71.2-M

Pink Star Diamond Posts World Record Price at $71.2-M

Pink Star Diamond Posts World Record Price at $71.2-M $BID The largest, most perfect Pink diamond to have ever been offered at auction has sold for $71.2-M at a Sotheby’s (NYSE:BID) event Tuesday in Hong Kong, setting a new world record for any diamond or jewel, according to the auction house. Described as one of “the earth’s […]

Sotheby’s (NYSE:BID)Auction House Opens Dubai Office

Sotheby’s (NYSE:BID)Auction House Opens Dubai Office

Sotheby’s (NYSE:BID) Auction House Opens Dubai Office $BID The opening follows a 30% increase in buyers from the Middle East in the last 5 years Sotheby’s (NYSE:BID) has officially opened a new Dubai gallery and office to cater to its growing Middle East customer base. The opening of the new unit, based in Dubai International […]

A Klimt Sells for $59-M at Record-breaking London Art Auction

A Klimt Sells for $59-M at Record-breaking London Art Auction

A Klimt Sells for $59-M at Record-breaking London Art Auction $BID A painting of flowers by Gustav Klimt sold in London for GBP48-M (US$59-M), a record for a work by the Austrian artist and the 3rd-highest price for any work sold at auction in Europe, Sotheby’s (NYSE:BID) said Thursday. Described in the auction catalog as […]

Sotheby’s Auctioning the square-cut “Sky Blue” Diamond in Geneva

Sotheby’s Auctioning the square-cut “Sky Blue” Diamond in Geneva

Sotheby’s Auctioning the square-cut “Sky Blue” Diamond in Geneva $BID Sotheby’s (NYSE:BID) is auctioning the square-cut “Sky Blue” Diamond set in a ring by Cartier that is expected to fetch up to $25-M, plus 2 centuries-old diamond jewels dating back to Russia’s imperial court. The auction house says the 8.01-carat stone with a top-rank Fancy […]

The 1st Chinese Imperial Firearm Hammered for $2.5-M in London

The 1st Chinese Imperial Firearm Hammered for $2.5-M in London

The 1st Chinese Imperial Firearm Hammered for $2.5-M in London $BID The 1st Chinese firearm with an imperial reign mark ever to be offered at auction sold for $2.5-M, the auction house Sotheby’s (NYSE:BID)London announced Wednesday. The gun, a brilliantly designed and exquisitely crafted musket, produced in imperial workshops was created for the Qianlong Emperor […]

Sotheby’s (NYSE:BID) to Launch its 1st UAE Office in Dubai this Year

Sotheby’s (NYSE:BID) to Launch its 1st UAE Office in Dubai this Year

Sotheby’s (NYSE:BID) to Launch its 1st UAE Office in Dubai this Year $BID Sotheby’s, which has offices in Doha, Istanbul, Egypt, Lebanon and Mumbai, is hiring staff for its office in Dubai International auction house Sotheby’s plans to open its 1st gallery in Dubai as part of efforts to capitalize on demand for Middle Eastern […]

The 1,109-carat Diamond, “Lesedi La Rona” on Auction in London, No Sale

The 1,109-carat Diamond, “Lesedi La Rona” on Auction in London, No Sale

The 1,109-carat Diamond, “Lesedi La Rona” on Auction in London, No Sale $BID, $LUC A now famous 3-billion-year-old diamond the size of a tennis ball found by Canada’s Lucara Diamond (TSX:LUC) last year failed to sell a Sotheby’s (NYSE:BID) Wednesday in London. The highest bid of $61-M did not meet the reserve selling price. The giant 1,109-carat […]

A Jean-Michel Basquiat Hammered for a Record $57-M

A Jean-Michel Basquiat Hammered for a Record $57-M

A Jean-Michel Basquiat Hammered for a Record $57-M $BID The art world just witnessed a groundbreaking auction record earlier last May when an untitled piece by Jean-Michel Basquiat sold at Christie’s for $57.3-M. Given Sotheby’s (NYSE:BID) “limited” Impressionist and Modern art sale the night before, with 21 out of 62 lots left unsold, there were […]

“Oppenheimer Blue” Diamond Hammered for $57.5-M at Christie’s

“Oppenheimer Blue” Diamond Hammered for $57.5-M at Christie’s

“Oppenheimer Blue” Diamond Hammered for $57.5-M at Christie’s A 14.6-carat blue diamond auctioned at Christie’s in Geneva for $57.5-M, including fees, becoming the most expensive diamond ever auctioned. Christie’s amended the final sale price late Wednesday night. The stone, called the “Oppenheimer Blue,” followed a record-high jewelry sale by Sotheby’s (NYSE:BID) Tuesday, which totaled $175-M, the […]