Most Expensive Bottle of Red Wine

One of 600 bottles of Romanée-Conti Wine from 1945 that were produced during the end of World War II, set a new world record price for a 750ml bottle of red burgundy at Christie’s auction sale in Geneva on May 17. The legendary vintage of the bottle was estimated between $56,000 to $78,000, and was … 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

Andy Warhol self-portrait fetches $17 million

A colossal self-portrait by “pope of pop” Andy Warhol has sold for $17.4 million at Christie’s in London, doubling pre-auction expectations. The recently discovered 1967 piece, which measures 1.8 metres square, depicts Warhol with a hand to his mouth in what the auction house called “one of the most representative and iconic images of the … 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

Gauguin work expected to fetch £10 mn in London

A painting of sunflowers and a nude by French artist Paul Gauguin is expected to fetch up to 10 million pounds at auction next month, Christie’s said Friday. Gauguin’s Nature morte à l’Esperance, a still life painted in 1901 when he was living in Tahiti, will be the star lot of a sale of impressionist … 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

$49 million Matisse sets new record

A large bronze sculpture of a woman’s back by Henri Matisse sold Wednesday for nearly 49 million dollars, setting a new record for the French impressionist. Measuring 74.5 inches (189.2 cm), “Nu de dos” was the star of the auction at Christie’s in New York. It went under the hammer just a day after rival … Continued

Blue diamond sets auction record

A rare, two-stone ring set a new record price per carat for a blue diamond at auction when it sold for $15.7 million to an Asian collector. The ring features a 9.87 carat colorless triangular-shaped diamond paired with a triangular 10.95 carat “Fancy Vivid” blue diamond, the largest such blue diamond of this cut ever … Continued

Lehman Brothers Art Work Under the Hammer

Artwork from the European branches of the collapsed US investment bank Lehman Brothers will go under the hammer in London next month in a two-million-pound auction, administrators said Sunday. Works by Lucian Freud and Gary Hume will figure at the sale at Christie’s auction house on September 29, which comes two years after the bank’s … Continued

Louis Vuitton Vintage Pieces at Christie’s

On September 28th Christie’s in London will offer an incredible collection of vintage Louis Vuitton luggage during its Interiors: Style & Spirit sale. Over 20 original pieces from the famed French luxury goods house dating from the late 19th century to the 1940s will go on the block.

Princess Diana’s family sells Rubens painting

Princess Diana’s family has sold an important Old Master painting by Peter Paul Rubens for nine million pounds at auction. “A Commander Being Armed For Battle”, which is thought to depict the 16th-century Holy Roman Emperor, Charles V, was sold to an anonymous bidder at Christie’s auction house in London on Tuesday. The painting, completed … Continued

Wall Street sign sells for $116.5K at auction

A porcelain sign that once marked the intersection of Wall and Broad streets fetched $116,500 at Christie’s in Manhattan yesterday. The seller, Kevin Lessin, bought the vintage sign about 25 years ago from a dealer liquidating the estate of a collector of New York memorabilia. The sign consists of two enamel plaques set crosswise, with … Continued

Modigliani sculpture sets records in Paris

A sculpted stone head by artist Amedeo Modigliani sold at Christie’s in Paris on Monday for euro 43.2 million, breaking the record for a work by the Italian artist. The sculpture dated from between 1910 and 1912 and had been estimated at between four and six million euros. “It’s a record for a work by … Continued

Raza sets record for Indian modern art in London

A painting by leading Indian artist Syed Haider Raza sold for almost 2.4 million pounds in London on Thursday, setting a record for a modern Indian work. “Saurashtra”, dated 1983, was estimated to fetch between 1.3 and 1.8 million pounds, but finally sold for 2,393,250 pounds including buyers’ premium. The painting belonged to a key … Continued

Monet lilies to star in ‘most valuable’ art auction

A painting of water lilies by French impressionist Claude Monet is expected to fetch up to 40 million pounds when it is auctioned off in London. The painting, will star among dozens of modern masterpieces this month in what is being billed as the most valuable art auction ever held in the city. Painted in … Continued

Churchill’s cigar under hammer in London

A huge collection of diaries, letters and even a pristine cigar belonging to Winston Churchill was up for auction in London Wednesday. The sale, which is expected to raise around one million pounds, is being billed by Christie’s as part of the most important private Churchill collection in the world. It features his engagement diary … Continued

Picasso piece sets record for art sold at auction

A 1932 Pablo Picasso painting of his mistress has sold for $106.5 million, a world record price for any work of art at auction. “Nude, Green Leaves and Bust,” which had a pre-sale estimate of between $70 million and $90 million, was sold at Christie’s auction house on Tuesday evening to an unidentified telephone bidder. … Continued

Chinese interest rules the auction world

In a bold recognition of the world’s fastest-growing auction market, Sotheby’s recently hoisted China‘s flag at the most conspicuous spot outside its New York headquarters. The flag now flies between those of the US, UK, France, and Switzerland, where the auction house has established its core client base. “We proposed it. To my great surprise, … Continued

Christie’s sued in counterfeit wine case

A Palm Beach billionaire has uncorked a suit charging Christie’s auction house is in cahoots with counterfeit wine sellers. William Koch is still steaming about four bottles of wine supposedly owned by Thomas Jefferson that he bought for more than $300,000, which allegedly turned out to be fakes. He’s already sued the seller – and … Continued