F1: Schumacher Seen as Ferrari’s Greatest Driver

F1: Schumacher Seen as Ferrari’s Greatest Driver

F1: Schumacher Seen as Ferrari’s Greatest Driver $RACE Michael Schumacher has been voted the greatest Ferrari driver of all-time in a reader poll conducted by F1 Racing Mag, topping the list ahead of Sebastian Vettel, Kimi Raikkonen and Gilles Villeneuve. To celebrate 70 years of Ferrari, F1 Racing asked its readers and the online forum […]

Sotheby’s Contemporary Art Evening Auction Totals $310.3-M

Sotheby’s Contemporary Art Evening Auction Totals $310.3-M

Sotheby’s Contemporary Art Evening Auction Totals $310.3-M $BID, $RACE Notably, the Y 2001 Ferrari F2001 sold for $7.5-M against a high estimate of $4-M, Michael Schumacher’s Monaco Grand Prix-Winning Ferrari F2001 broke the auction record for a modern era F1 car following a 6-min battle between 8 bidders represented by both Sotheby’s and Sotheby’s specialists. This is […]

 Sotheby’s (NYSE:BID) has a Ferrari, Christie’s has a Leonardo

 Sotheby’s (NYSE:BID) has a Ferrari, Christie’s has a Leonardo

 Sotheby’s (NYSE:BID) has a Ferrari, Christie’s has a Leonardo $BID The November big-week of art auctions starts Monday in New York City, promises drama, with the most talked-about inclusion in a New York contemporary art sale in years. a painting by Leonardo da Vinci (1452-1519) in Christie’s sale, an a Ferrari F1 race-car driven to victory by legendary […]

da Vinci’s “Salvator Mundi” to Action at Christie’s NY in November

da Vinci’s “Salvator Mundi” to Action at Christie’s NY in November

da Vinci’s “Salvator Mundi” to Action at Christie’s NY in November The last privately owned Leonardo da Vinci painting, 1 of fewer than 20 by the Renaissance artist known to still exist is hitting the auction block, Christie’s announced Tuesday. “Salvator Mundi,” an ethereal portrait of Jesus Christ which dates to about 1500, is expected […]

Alrosa Finds Giant Gem Quality Pink Diamond

Alrosa Finds Giant Gem Quality Pink Diamond

Alrosa Finds Giant Gem Quality Pink Diamond MCX:ALRS, $BID Russia’s Alrosa (MCX:ALRS), the world’s #1 diamond producer by output in carats, has unearthed 27.85-carat Pink precious stone the company believes could be the most expensive it has ever found. Alrosa is trying to decide on whether to sell this Pink stone as a rough diamond, or cut […]

Ferrari F2001, s/n 211, to Auction at Sotheby’s New York

Ferrari F2001, s/n 211, to Auction at Sotheby’s New York

Ferrari F2001, s/n 211, to Auction at Sotheby’s New York $RACE, $BID In a landmark moment for the partnership, Sotheby’s (NYSE:BID) is delighted to announce the addition of a 2001 Ferrari F2001 curated by RM Sotheby’s in the Contemporary Art Evening Auction on 16 November in New York. Unveiled during Sotheby’s Hong Kong Autumn Sales […]

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 […]