Only Watch Auction Collects $6 million for Charity

The fourth edition with the biennial Only Watch charity auction, held Friday in the Hotel Hermitage in Monaco, raised more than €4.5 million ($6 million). Exclusive timepieces by famous and less famous watch manufacturers are being auctioned off for the benefit of researching Duchenne Muscular Dystrophy. Complete sale results and a reminder of the models … Continued

Chateau Lafite grabs record price at Hong Kong sale

A 300-bottle collection of Chateau Lafite Rothschild has sold for almost $540,000 in Hong Kong, setting a world record price for a single wine lot auctioned this year. The collection spanning 1981 to 2005 was knocked down for HK$4.2 million ($539,250) at Christie’s two-day Autumn wine sale. The record price, below a HK$4.5 million pre-sale … Continued

Win a Date with Scarlett Johansson

Among the hundreds of lots on offer at Christie’s September wine auction in Hong Kong, there’s one in particular that will appeal to more than just wine lovers. The winning bid for Lot No. 519 will receive a lunch date with Scarlett Johansson and six bottles of 100-year-old Moët et Chandon champagne packed in a … Continued

Maharaja”s ”Tiger-Car” Rolls-Royce on auction

One of the world’s most unique Rolls-Royce adaptations is set to go under the hammer next month, with the sale of a model equipped specifically for tiger hunting. The 1925 Rolls-Royce New Phantom was originally commissioned by Umed Singh II of India, the Maharaja of Kotah, for use while tiger hunting. This led to some … Continued

Stamp sells for record £1m‎

The world’s most famous stamp, the elusive “Post Office Mauritius”, was sold yesterday for a record breaking £1,053,090 ($1,600,000) at Spink in London. This is a record price for a stamp sold in the United Kingdom! Nearly half a dozen bidders in the room participated as the price of the lot shot skyward. The stamp … Continued

Jackson ‘Thriller’ jacket sells for $1.8 million

The red and black leather jacket worn by Michael Jackson in his “Thriller” video went under the hammer for $1.8 million on Sunday. The jacket has “Love Michael Jackson” written on the sleeve, and a dedication in the lining to his long-time costume designers, to whom he gave it. The buyer was identified as Milton … Continued

Iconic Marilyn Monroe dress sells for $4.6 million

The legendary white dress seen billowing under Marilyn Monroe in an iconic image of 1950s Hollywood has sold at auction for $4.6 million, shattering estimates. The dress, worn by the star in the 1955 film “The Seven Year Itch,” had been expected to fetch between one and two million dollars. But the sale Saturday, part … Continued

Michael Jackson ‘Thriller’ jacket to be auctioned

The iconic black and red jacket worn by Michael Jackson in his “Thriller” video is to go under the hammer at a two-day Music Icons Exhibition in Beverly Hills. The jacket is among 600 items that will go on sale at Julien’s Auction Gallery, including memorabilia from musicians such as The Beatles, Madonna and Lady … Continued

Princess Beatrice’s wedding hat sells for £81,100

The flamboyant hat worn by Princess Beatrice at last month’s royal wedding has been sold for the princely sum of £81,100 on internet auction site eBay. Proceeds from the sale of the hat, designed by Irish milliner Philip Treacy, will be split between two charities: the United Nations Children’s Fund, UNICEF, and British charity Children … Continued

Rare pink diamond fetches $10.8 million

An extremely rare translucent pink diamond fetched a price of $10.8 million at a Sotheby’s auction on Tuesday, the third-highest price ever paid for one of the pink stones at auction. “It is the third-highest price for a pink diamond at auction,” auctioneer David Bennett told journalists after the sale. The 10.99-carat, emerald-cut stone was … Continued

Two Diana dresses sold for $276,000

Two dresses worn by the late princess Diana were sold at an auction house in Beverly Hills Sunday for a total of $276,000, Julien’s auction house announced. The first dress — a black crepe evening gown with diamante paste embroidery on the short-sleeved top inspired by Indian motifs — went for $144,000. It was purchased … Continued

World’s Oldest Champagne to be Auctioned

Two bottles of 200-year old champagne recently salvaged from a Baltic Sea shipwreck will be auctioned off in June. Finland’s autonomous province of Aaland “has decided that two bottles will be sold at an exclusive champagne auction held in (the capital) Mariehamn on June 3, 2011″. One of the auctioned bottles will be from the … Continued

Christie’s to Auction Elizabeth Taylor’s Jewelry

AFP has confirmed rumors that the late actress’s collection of baubles, estimated to be worth $150 million, will hit the auction block later this year. “Film icon Elizabeth Taylor’s collection of jewelry, artwork, clothing, and memorabilia will be sold at auction, according to Christie’s auction house“. A series of auctions will officially be announced this … Continued

Portrait Of Elizabeth Taylor To Sell For $30 Million

A portrait of Hollywood actress Elizabeth Taylor by Andy Warhol is expected to fetch up to $30m at an auction in New York. “Liz #5” is owned by hedge-fund manager Steven Cohen. The 1963 silkscreen will be sold at Phillips de Pury at its contemporary art sale on May 12. The portrait shows the legendary … Continued

“La Lecture” by Pablo Picasso sold for $ 40 million

A celebrated masterpiece by Pablo Picasso has sold at Sotheby’s auction house in London for £25.2 million ($40,5 million), more than double its pre-auction valuation. “La Lecture” is a work from the Spanish painter’s “annus mirabilis,” 1932, and depicts the artist’s famous muse, Marie-Therese Walter. Seven bidders vied for the coveted Picasso work, the hammer … Continued

Chinese boost prices in world’s auction houses

A Chinese face or two in the crowd at the world’s auction houses often means one thing: the gavel will fall on a price far beyond the seller’s wildest dreams. Fierce bidding by Chinese buyers for a vase at a small London auctioneer in November, for example, drove the price up nearly 40 times beyond … Continued

Auctioneers Christie’s notch up record year

Christie’s notched up the biggest sales figures in the art auction industry’s history last year, the firm announced Thursday, with record global sales of $5 billion. And Chinese collectors continued to increase their prominence in the auction rooms as the number of buyers from China, Taiwan and HK accounted for a fifth of the total. … Continued

Ahmadinejad’s Peugeot gets a million dollar offer

Iranian President Mahmoud Ahmadinejad’s 1977 Peugeot 504 has received a one million dollar bid after the car was put on an international auction Saturday Proceeds from the sale of the Peugeot 504 will go to a fund for homes for disabled people and to needy. Earlier, officials had said they hoped the car would fetch … Continued

Christie’s App for iPad

Christie’s International, the world’s leading art business, has launched its new, free App designed specifically for users of the Apple iPad. The new App takes users on a tour of Christie’s upcoming auctions and enables “at a glance” browsing of hundreds of luxury items and objects to be sold in the company’s salerooms worldwide. Christie’s … Continued

Dior Snaps up Avedon’s “Dovima” Photo

Christian Dior wins bid for one of the most famous fashion images of all time: Richard Avedon’s 1955 photo “Dovima With Elephants”. According to WWD, the image of Dovima, dressed in a Dior evening gown at the Cirque d’Hiver, went for 841,000 euros, ($1,148,910). This sale more than doubles Avedon’s previous auction record of $457,000 … Continued