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Rare Luxury Ferrari 250 GTO For Sale

An extremely rare example of Ferrari’s legendary 250 GTO from 1963 is being offered for private treaty sale by RM Auctions. The car, chassis no. 4675 GT, is one of only 36 250 GTOs originally produced and one of a limited few with Series II GTO bodywork. “The Ferrari GTO is unquestionably one of the … Continued

€260,500 paid for Bugatti in the lake

Bonhams has confirmed that a bidder paid €260,500 for the remains of a Bugatti that was pulled from the depths of Switzerland’s Lake Maggiore after 73 years. The price for the 1925 Bugatti Type 22 was even more astonishing given that it had a reserve price of between €70,000 and €90,000. The final high bidders … Continued

1970 Monteverdi Hai 450 SS

An extremely rare 1970s Swiss supercar prototype is one of the starring attractions at Bonhams’ Retromobile sale in Paris on Jan. 23. To show the world that Swiss engineering could keep up with the likes of Lamborghini, Maserati and Ferrari, Peter Monteverdi built the Hai 450 in 1970. Painted in a unique shade of magenta, … Continued

Brescia Bugatti Found in Swiss Lake To Be Auctioned

A rare Bugatti that has spent 73 years at the bottom of a Swiss lake is expected to fetch more than €90,000 at auction, the same as a brand new luxury motor. The 1925 open-top Type 22 is known as the Bugatti Brescia, after the Italian track where the model took the top four places … Continued

Macau hotelier wins bid for Michael Jackson’s glove

Macau’s Ponte 16 casino will display next year ten pieces of iconic Michael Jackson memorabilia, including the cream leather rhinestone glove he wore for his first Moonwalk performance on television. Michael Jackson’s glove was sold to Hoffman Ma, deputy chief executive of the casino, at New York’s Julien’s Auctions at a whopping US$350,000. “We’re a … Continued

Steps from Eiffel Tower sell for 85,000 euros

A piece of a staircase from the Eiffel Tower sold at auction for 85,000 euros (124,000 dollars) in Paris on Monday. The 7.8-metre chunk of the tower’s spiral staircase, containing 40 steps, was part of a larger piece removed from the tower in 1983. It was bought on Monday by an ironworker from the town … Continued

1788 Cognac sells for $37000 at Paris auction

A bottle of Vieux Cognac dating back to 1788 — the year before the French Revolution — sold at a Paris auction of wine and spirits for $37,000. Paris’ landmark Tour d’Argent restaurant has cleaned out its cellar, considered one of the best and biggest in the world, putting 18,000 bottles up for auction. The … Continued

George Washington letter sells for $3.2M

A letter penned by George Washington praising the new Constitution sold for $3.2 million at an auction, the highest price for a letter by America’s first president. The four-page letter was written in 1787 to the president’s nephew, Bushrod Washington, and urges adoption of the country’s new constitution. Last year, a 1864 letter in which … Continued

“Vivid pink” diamond sells for record $10.8 million

A ring with a pink diamond the size of a chickpea was auctioned off for a record HK$83.5 million ($10.8 million) in Hong Kong on Tuesday. “Vivid Pink,” as it’s called, is a five-carat stone flanked by two white diamonds and set in a ring by elite jeweler Graff. It hails from a private collection. … Continued

Second Largest Pearl Auctioned Off by Bonhams

Bonhams will auction off what is believed to be the world’s second-largest documented pearl, a five-pound gem found off the coast of the Philippines. Dubbed the “Palawan Princess,” the gem is next to the 14-pound “Pearl of Allah” in size that was also found off the coastal waters of the Philippines. The natural non-nacreous pearl … Continued

Louis Vuitton for French Red Cross

The Louis Vuitton auction, held last night at Sotheby’s on New Bond Street, saw seven special orders sold for a total of £495,000 in aid of the Red Cross. Louis Vuitton offered six masters of savoir-faire the opportunity to create a unique special order that embodies their expertise in their respective professions.

For New Year’s, rent a whole hotel

Want to spend New Year’s Eve at The Curtis? This year, it’ll cost you a minimum of $51,000. But at least you can bring along 600 of your nearest and dearest party people to share in the experience. The Curtis Hotel, a boutique with a mid-century modern theme and 330 rooms, has started an auction … Continued

Rarely seen Rembrandt to be auctioned

A Rembrandt masterpiece is expected to fetch up to £25 million ($41 million) when it goes under the hammer at Christie’s on December 8, 2009. The painting could break the record price for a Rembrandt, which currently stands at £19,800,000 paid for Portrait Of A Lady Aged 62, in December 2003. The painting, titled “Portrait … Continued

“Star of India” Rolls Royce Up for Auction

Last month we wrote about the famed “Star of India” 1934 Rolls-Royce Phantom II convertible custom made for an Indian Maharaja. Now the incredible car has been listed for sale via online global luxury marketplace JamesList for £8 million, or about $13 million. The 7.7-liter V8-engined car is currently owned by German collector Hans-Gunther Zach, … Continued

Rare T Rex skeleton to go under hammer

A 66 million-year-old skeleton of one of the largest known Tyrannosaurus rex specimens ever discovered will be up for sale at an auction in LasVegas on October 3. The rare skeleton – dubbed ‘Samson’ – is arguably one of the three most complete specimens to have been discovered, auction house Bonhams said. Native to North … Continued

Christie’s to Open Storage Warehouse in Brooklyn

The famed art auctioneer has signed a lease for 235,000 square feet of warehouse space in Brooklyn. Christie’s will store fine art in the waterfront building. Christie’s expects to occupy the six-story warehouse building early next year, according to a company spokeswoman. The company would not say how much it paid for the space, but … Continued

Bugatti Type 18 on the Auction Block

One of the earliest Bugatti racing cars is expected to fetch up to 2.4 million euros ($3.4 million) at a sale in France, said auction house Bonhams. Built in 1912, it was raced by by the manufacturer’s eponymous founder, Ettore, at Le Mans and on the Mont Ventoux. Compared to the other Bugattis of the … Continued

Second Yves Saint Laurent art sale

A second group of artworks from the collection of the late fashion designer Yves Saint Laurent and his partner Pierre Berge is expected to fetch up to 4 million euros ($5.7 million) when it appears for sale in November. Christie’s International’s YSL Part II sale, held in collaboration with Pierre Berge, will take place at … Continued

Rare vivid pink diamond could break sale record

A five-carat cushion-cut pink diamond known as “The Vivid Pink” is set to lead Christie’s Hong Kong sale this fall. According to a media release, the Vivid Pink is the largest potentially flawless fancy-vivid-pink diamond ever offered for sale at auction. Property of a private collector and set in a ring by renowned jeweler Laurence … Continued

Property in Dubai offered for as little as $100

An expat couple who are leaving Dubai for good are offering their four-bedroom apartmentfor as little as $100 through an online auction site. The couple, who are planning to return to the UK after some 18 years in Dubai, have set up the auction following their difficulties in finding a buyer. Steve and Arti Halligan … Continued