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Warhol’s ‘Double Elvis’ aims for $50 million sale

A painting by Pop Art king Andy Warhol depicting rock ‘n’ roll king Elvis Presley as a cowboy gunslinger is expected to fetch $30-$50 million when it goes on sale in May. “Double Elvis,” executed in black and silvery white in 1963, “is a seminal piece from the iconic series devoted to the singer,” Sotheby’s … Continued

Yellow Sun-Drop diamond sells for $11 million

A 110-carat yellow jewel called the Sun Drop Diamond, thought the biggest of its kind in the world, sold for a record 10 million francs ($10.9 million) at auction in Geneva. The gem was discovered in South Africa in 2010 and wowed visitors to London’s Natural History Museum where it was displayed earlier this year. … Continued

Pear-shaped 110-carat diamond to go under hammer

One of the world’s largest diamonds, a pear-shaped 110.3-carat yellow rock, will go under the hammer in Geneva in November expecting to fetch about $15 million. The Sun-Drop diamond, discovered in South Africa last year, is billed by Sotheby’s as the “world’s largest known pear-shaped fancy vivid yellow diamond“. “This stone has immense presence and … Continued

The world’s most expensive model car

Hailed the world’s most expensive and precious car model by Guinness World Records, this creation is based on the Lamborghini Aventador LP 700-4. The car was crafted by Robert Gülpen — who has also created miniatures of the Mercedes Benz 500 SL and Aston Martin DB5 from precious metals and gems. The Lamborghini is made … Continued

Hong Kong kicks off big-money auction series

A series of auctions of high-end goods from fine wine to Imperial Chinese ceramics goes into full swing this weekend in Hong Kong, as the city challenges the dominance of New York and London. The multi-million-dollar auctions are looking to cash in on the vast wealth of China’s growing number of millionaires keen to show … Continued

World’s most expensive tiara

A dazzling tiara featuring emeralds believed to have belonged to Eugenie, wife of Napoleon III, sold for a record 11.28 million Swiss francs ($12.80 million) to an anonymous buyer at Sotheby’s. The diamond and emerald tiara was commissioned by German prince Guido Henckel von Donnersmarck’s for his second wife Katharina. It was top lot at … Continued

Rare pink diamond fetches $10.8 million

An extremely rare translucent pink diamond fetched a price of $10.8 million at a Sotheby’s auction on Tuesday, the third-highest price ever paid for one of the pink stones at auction. “It is the third-highest price for a pink diamond at auction,” auctioneer David Bennett told journalists after the sale. The 10.99-carat, emerald-cut stone was … Continued

“La Lecture” by Pablo Picasso sold for $ 40 million

A celebrated masterpiece by Pablo Picasso has sold at Sotheby’s auction house in London for £25.2 million ($40,5 million), more than double its pre-auction valuation. “La Lecture” is a work from the Spanish painter’s “annus mirabilis,” 1932, and depicts the artist’s famous muse, Marie-Therese Walter. Seven bidders vied for the coveted Picasso work, the hammer … 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

Titian painting auctions for record $16.8 mln

A sumptuous painting of the Madonna and child by Renaissance master Titian sold for a record $16,882,500 Thursday in New York. The Sotheby’s auction easily broke a 20-year-old record of $13.6 million for a Titian. The painting, “A Sacra Conversazione: The Madonna and Child with Saints Luke and Catherine of Alexandria,” depicts the Virgin Mary … Continued

Bird book sets new world record at London auction

A rare copy of John James Audubon’s ‘Birds of America’ set a new world record for a printed book at auction Tuesday, selling for 7.3 million pounds in London. The four-volume book was subject to competitive bidding on the phones and in Sotheby’s New Bond Street galleries, and sold for 7,321,250 pounds. Originally estimated to … Continued

Royal bracelet breaks auction record

A bracelet owned by Wallis Simpson, whose affair with Edward VIII led to his abdication, has sold for a world record-breaking £4.5m ($7m) at auction. The diamond panther bracelet, was sold by Sotheby’s. It was the most expensive bracelet and most expensive Cartier item to be sold at any auction. It was one of 20 … Continued

Pink diamond sells for record $46M at auction

A rare pink diamond that is regarded as one of the most desirable and beautiful in the world was sold for a record 46.16 million dollars on Tuesday. Sotheby’s had valued the 24.78 carat Fancy Intense Pink diamond mounted on a ring at 27 million to 38 million dollars ahead of the sale in a … Continued