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Andy Warhol Coke bottle sells for $35 million

An Andy Warhol canvas of a black-and-white Coke bottle has sold for $35.36m at an auction in New York. Sotheby’s said Coca-Cola [4] (Large Coca-Cola) “is a landmark in the artist’s creation of his pop art style”. Organizers reportedly whet the appetite of live bidders by serving small bottles of soda pop as guests mingled … Continued

New Record for a Modigliani at Sotheby’s

A painting of a nude by Amedeo Modigliani fetched nearly 69 million dollars at a Sotheby’s auction in New York, setting a new record for the Italian painter. The circa 1917 canvas, titled “Nu assis sur un divan (La Belle Romaine),” had been estimated before the auction to go for more than 40 million dollars. … Continued

Most Expensive Bottle of Wine Ever Sold at Auction

Three bottles of Chateau Lafite’s 1869 vintage each sold for a record price of HK$1.8 million ($230,000) at a sale in Hong Kong last saturday. All three were bought by the same Asian telephone bidder, said Sotheby’s, which offered almost 2,000 bottles of Lafite shipped directly from the cellars of the chateau in Pauillac, near … Continued

Rare Pink Diamond to be Auctioned by Sotheby’s

An exceptinally rare pink stone is set to break the record for being the world’s most expensive diamond ever. The pink stone is estimated to be worth $27-38 million when it goes under the hammer on November 16 at Sotheby’s in Geneva It is classified as ‘fancy intense pink’ – the most perfect pink colour … Continued

World’s Most Expensive Book up for Sale

A rare copy of the most expensive book in the world, John James Audubon’s “Birds of America,” will be up for sale at Sotheby’s in London on December 7. Only 119 copies are confirmed to exist, of which 108 are in libraries, universities, and museums. One copy is worth $6.73 million to $10.1 million. It … 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

Sotheby’s to auction Wallis Simpson’s jewels

Sotheby’s says it is auctioning about 3 million pounds worth of jewelry once owned by Wallis Simpson, the American socialite who became Duchess of Windsor. Britain’s King Edward VIII, who renounced his claim to the British throne in 1936 to marry the divorcee, showered her with gifts of jewellery throughout their courtship and marriage. The … Continued

Turner painting sells for record 29.7 million pounds

A view over Rome painted by artist JMW Turner was sold for 29.7 million pounds in London, setting a new record at auction for the British master. “Modern Rome — Campo Vaccino” was bought Wednesday for the equivalent of 44.9 million dollars at Sotheby’s by the J. Paul Getty Museum in Los Angeles. The previous … Continued

New auction record for Manet painting in London

A self-portrait by Edouard Manet sold for 22.4 million pounds ($33 million) at Sotheby’s in London on Tuesday. It was the highest price paid for a picture by Manet. The previous record for a Manet was 16 million pounds at a sale in New York in 1989. The oil on canvas work is in somber … Continued

Lennon lyrics sell for $1.2M

The original handwritten lyrics for the hit Beatles song “A Day in the Life” was sold at a Sotheby’s auction Friday for 1.2 million dollars. Bidding for the manuscript shot past expectations to reach 1,202,500 dollars. Sotheby’s had expected a final price of between 500,000 and 700,000 dollars. The single sheet of paper has lyrics … Continued

Warhol self-portrait sells for 32.5 million dollars

A late self-portrait by “pope of pop” Andy Warhol sold for a record 32.5 million dollars at Sotheby’s in New York on Wednesday. The stark 1986 image of Warhol’s famous face and unkempt hair was estimated to sell at between 10-15 million at the contemporary art auction. The huge final sale value was in line … Continued

Rare blue diamond fetches $6.4M in Hong Kong

A rare 5.16-carat blue diamond sold at auction for $6.4 million in Hong Kong on Wednesday, confirming Asia’s fast-growing taste for the precious stone. London’s famed Moussaieff Jewellers paid more than the $5.9 million expected price tag for the pear-shaped stone, the first blue diamond from the celebrated De Beers Millennium Jewels Collection to appear … 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

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 … Continued

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 … Continued

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. … Continued

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 … Continued

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 … Continued

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 … Continued

14th century bucket sells for £1.6m at Sotheby’s

A medieval Islamic glass vessel sold in London yesterday for 1.6 million pounds ($2.3 million), more than 20 times as much as it fetched less than a decade ago, when it was dismissed as a fake. The 8-inch-high “Rothschild Bucket” was offered in Sotheby’s “Arts of the Islamic World” sale as a mid-14th-century piece, Bloomberg … Continued