FRANCE/

China demand driving world wine market growth

China is expected to be the world’s seventh largest wine consumer by 2013 as the nation’s thirst for vintages continues to grow amid an economic boom. The country will consume around 1.26 billion bottles of wine in 2013, an increase of about 32 percent from 2009, according to findings of Vinexpo, organiser of one of [...]

chateau-cheval-blanc

Giant Bottle Of Bordeaux Wine to be auctioned

Sotheby’s will auction off a melchior of Château Cheval Blanc 2006 on Feb. 17 in London, as part of a “finest and rarest wines and vintage Port” auction. The melchior sized bottle, which is 18 litres in volume is expected to fetch up to 4,800 GBP. The melchior weighs in at 25kg, is 75cm high [...]

homme-qui-marche

Giacometti Sculpture Fetches Record $104M

Alberto Giacometti’s “L’Homme Qui Marche” set a record for the most expensive piece of art ever sold by auction when it was sold on February 3. The Swiss artist’s characteristic sculpture of an elongated figure in bronze garnered a record-breaking 65 million pounds ($104.3 million) when it went under the hammer at Sotheby’s in London. [...]

codex-climaci-rescriptus

Biblical Manuscript For Sale at Sotheby’s

Forbes reports that Sotheby’s is offering a 1,500-year-old biblical document that includes layers of text and meaning–in three languages. Known as the Codex Climaci Rescriptus, the piece was written over the span of three centuries and stowed in a sacred monastery until landing in the hands of a pair of British twins by way of [...]

pable-picasso-musketeer

Picasso musketeer sells for $11.5M in London

A late “musketeer” painting by Pablo Picasso sold for 7 million pounds ($11.5 million) at Sotheby’s last night as buyers looked for value in the contracted auction market for Impressionist art. The 1969 work dates to a period late in Picasso’s life when he was obsessed with floppy-hatted swashbucklers and their Casanova lifestyles. In this [...]

FINANCIAL/AUCTIONS

Rare blue diamond sells for record $9.5 million

A flawless blue diamond weighing 7.03 carats has sold for a record 10.5 million Swiss francs ($9.49 million), the highest price paid per carat for any gemstone at auction, Sotheby’s said. The rectangular-shaped blue stone, mounted on a platinum ring, is the rarest to enter the international market this year. The anonymous phone bidder, who [...]

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