Luxuo
Record estimate for disputed Picasso painting

A Picasso painting owned by Andrew Lloyd Webber’s Art Foundation, which was at the centre of a dispute about its Nazi-era history, is to go under the hammer. Lloyd Webber — composer of musicals like “Cats” — originally announced his intention to sell “Portrait of Angel Fernandez de Soto” for charity in 2006. It was … Continued

Unseen Picasso masterpiece sells for £8m

A Picasso masterpiece unseen in public for 43 years fetched more than twice its expected price at auction – going for £8.1million at last night’s Christie’s sale. Tete de Femme (Jacqueline), a 1963 portrait of the artist’s second wife, had not been seen in public since 1967 and was expected to fetch £4million. Jacqueline had … Continued

Christie’s Plans Website For Gucci Collectors

Gucci has always been vigilant to crack down on counterfeiting and trademark infringement, but now they’re taking a new angle on brand protection. On January 18, 2010, Gucci and Christie’s will launch “Gucci Collector: Presented by Christie’s”— the very first Gucci-certified online destination for authenticating and appraising vintage Gucci products. A dedicated section on www.christies.com … 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

Carla Bruni’s childhood castle for sale

Castello de Castagneto Po, the childhood home of French first lady Carla Bruni-Sarkozy is up on the market again, and with 40 rooms and 175 acres of lavish landscape, this is one fairy tale home.

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

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

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

Christie’s to sell rare Annenberg diamond

A giant gem will hit the auction block in New York this autumn with the sale of the 32-carat emerald-cut Annenberg diamond, which is expected to fetch as much at $5 million. The flawless ring-mounted diamond, owned by philanthropist Lee Annenberg, widow of publishing magnate Walter Annenberg, leads the auction house’s magnificent jewels sale on … Continued

A Christie’s Record for a Chinese Oil

A painting by Chinese artist Sanyu fetched a record HK$42.1 ($5.4 million) at a Hong Kong auction as bidders fought for lots, betting that the worst of Asia’s art-market slump is over. Of the 38 lots offered last week at Christie’s International’s top selection of Asian art, 34 sold, raising a combined HK$181.7 million, according … Continued

Iridescent Ammonite Fossil

Christie’s is offering a rare, 100-million-year-old petrified shell of an extinct Canadian marine creature. This fossilized ammonite is expected to fetch $70,000 at an auction next week in France. The fossil has naturally occurring iridescent colors created when the original shell substance turned into a mineral called aragonite.

World’s most expensive armchair

A small brown leather armchair once owned by Yves Saint Laurent has reportedly sold for £19.4 million (nearly $28 million), making it the most expensive piece of 20th-century design to ever be auctioned. The armchair, by Irish designer Eileen Gray was only expected to reach around £3 mllion at Christie’s in Paris. It was bought … Continued

Chinese Buyer of YSL’s Qing Bronzes Refuses to Pay

Cai Mingchao, a Chinese antique collector and an adviser to the National Treasures Fund, said he placed the winning bid for the two Qing bronzes auctioned in Paris last week and won’t be paying. The National Treasures Fund is a group backed by the Chinese Ministry of Culture that pools donations to retrieve relics abroad. … Continued

Yves Saint Laurent’s Art Auction

The private collection amassed by the fashion designer and his partner Pierre Berge is considered one of the finest in the world. Labeled the “sale of the century” by Christie’s, it will include over 700 lots with an estimated total value of €200 million to €300 million ($255 million to $380 million). Berges and Saint Laurent … Continued

Lincoln speech manuscript sells for $3.4 million

A rare manuscript of a speech by Abraham Lincoln calling on the country to unite amid civil war in 1864 sold at auction Thursday for 3.4 million dollars. The sale, held at Christie’s in New York on the 200th anniversary of Lincoln’s birth, was a record for a US historical manuscript, according to the auction … Continued

Nude photo of 20 year old Madonna on auction

A 20 year old nude photo of Madonna will be on auction at Christie’s house in New York, February 12. The photograph titled ‘Nude’, which earned Madonna a $25 modeling fee, is expected to sell for $10,000, at the very least. It’s a full frontal image, taken by Lee Friedlander in 1979 and published in … Continued

101-carat diamond gets its name

The rare, 101.27-carat diamond sold at Christie’s spring 2008 Hong Kong auction is now known as “The Shizuka Diamond,” Christie’s announced on Thursday. The giant stone’s owner selected the name as a gift for his wife of 16 years. The Shizuka diamond netted $6.2 million at “Jewels: The Hong Kong Sale” in May 2008 and … Continued

Claude Monet’s painting ‘Dans La Prairie’ goes under the hammer

A painting by Claude Monet, which is said to have started the new trend of ‘Impressionism’ with its colour-filled canvas, built with darting brushstrokes, is to go under the hammer next month. The painting, Dans La Prairie, painted in 1876 and first shown at an exhibition in Paris in 1877, features the artist’s wife Camille … Continued

Christie’s about to come under the hammer

It’s just a whisper at the moment but it may well be the case that Francois Pinault is considering the sale of his Christie’s auction house which he bought in May 1998 for $1.2 billion. The speculation is based on one obvious fact: at circa €4.7bn, Artemis, Mr Pinault’s holding company, is carrying too much … Continued