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.

Christie’s had proceeded with the sale of the Qing bronzes, severed from a water clock by marauding British and French troops from the Summer Palace in 1860, despite protests from China’s art advocacy groups, patriots and the foreign ministry.

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 met in 1958 and set themselves the goal of buying the best paintings and sculptures they could lay their hands on.

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 house, and inside the three to four million dollar estimate.

In the November 10, 1864 speech, made shortly after he won re-election, Lincoln wrote: “Now that the election is over, may not all, having a common interest, reunite in a common effort, to save our common country?” Source: AFP

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 Playboy in 1985.

Madonna was a dancer – says Matthieu Humery, head of Christie’s photography department – when she answered Friedlander’s newspaper ad seeking a nude model.

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 is the largest colorless diamond ever sold at auction in Asia.

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 almost submerged in a flower-strewn field in Argenteuil, to the north of Paris.

Monet’s skill in capturing the scene even bedazzled his contemporary, Paul Cezanne.