Champagne Perrier-Jouet Uncorks the Oldest Champagne in the World

This weekend, 12 of the world’s top wine and champagne experts flew from all corners of the globe to the boutique Champagne House Perrier-Jouet for the chance to taste 20 historic vintages from the House’s own cellars, including the oldest champagne in the world: Perrier-Jouet Vintage 1825. Each sip would have been worth hundreds of … Continued

Sotheby’s Aspen Closed

If there was any doubt that the luxury real estate industry is facing financial issues, the latest casualty in Aspen, Sotheby’s International Realty, should dispell that notion. Sotheby’s closed their doors on Feb 13th, after running into financial difficulties and the franchise will be taken over by a former rival, Morris and Fyrwald Real Estate. … Continued

1957 Ferrari 250 Testa Rossa to break the world record auction price

At the “Ferrari Leggenda e Passione”, an exclusive event held annually in Maranello, Italy, during the Mille Miglia, this year on May 17, RM/Sothebys auction will present the 1957 Ferrari 250 Testa Rossa race car. This masterpiece of design and engineering is expected to break the world record for the most expensive vintage motor car … Continued

Christie’s about to come under the hammer

It’s just a whisper at the moment but it may well be the case that Francois Pinault is considering the sale of his Christie’s auction house which he bought in May 1998 for $1.2 billion. The speculation is based on one obvious fact: at circa €4.7bn, Artemis, Mr Pinault’s holding company, is carrying too much … Continued

Picasso painting to be auctioned

One of the most important works by Pablo Picasso to appear on the market over the last several years will be offered by Sotheby’s in New York on the evening of November 3, 2008. Arlequin dates to 1909, a pivotal moment in the history of modern art; just two years after Picasso completed his watershed … Continued

World’s Most Expensive Female Artist

South African born artist Marlene Dumas set a new record this month for the most expensive living female artist, when her painting The Visitor, fetched £3.1 million ($6.2million) at a Sotheby’s auction. Dumas’s painting was sold at the Sotheby’s Contemporary Art Evening Sale held in London on the 1st of July. The £3,177,250 million bid … Continued

Sotheby’s Sale of Impressionist and Modern Art

Both Sotheby’s and Christie’s are holding significant Impressionist and Modern evening sales in London this week. “We’re seeing a very strong market for top quality Impressionist paintings this summer,” the vice chairman of Impressionist & Modern Art Worldwide at Sotheby’s, Helena Newman, said. On Wednesday, Sotheby’s will put up Monet’s “La Plage à Trouville” expected … Continued

A 206.82 Carat Sapphire Pendant May Fetch $1.5 million

Featured above is a 206.82 carat sapphire pendant encrusted with diamonds to be auctioned at Sotheby’s auction house in Geneva, London. Designed by jeweller Cartier in 1951, the pendant formely was a part of collection of Britain’s Wallis, Duchess of Windsor. It is anticipated to fetch $1.1-1.5 million (Euros 6,97,000-9,50,000) on 15 May.

Tintin Comic Art Sells for $1.2 mn

CAPTAIN Haddock would have choked on his whisky: original artwork for a Tintin comic book fetched a record US$1.2 million at a Paris auction on March 29th. The 1932 oil painting, executed for the iconic cover of Tintin in America smashed the previous world record for an original comic book work. That was set in … Continued

Maxim Viktorov Inks $3.54 million Deal For Guarneri Violin Sotheby’s

Sotheby’s lately sold a Guarneri violin once a lavish possession by the musician Henri Vieuxtemps to a Russian entrepreneur for the maximum auction price ever paid for any musical instrument. Word is around that Maxim Viktorov paid an unrevealed sum, “well in excess” of pre-recorded last auction of the device. The preceding record was inked … Continued

Francis Bacon’s Vulture Painting May Fetch $70 Million

A Francis Bacon painting depicting a man attacked by vultures may fetch a record $70 million when it is auctioned in New York in May, Sotheby’s said. Bacon’s 1976 triptych, painted while he was living in Paris, is being sold by a European collector who has owned it for more than 30 years, the auction … Continued

Huge pear-shaped diamond could fetch $13 million

72.22-carat diamond, so large it could fill a tablespoon, is expected to bring up to $13 million when it goes on the auction block next month. Cut from an original rough diamond, the D-color, flawless gem is prized for its pear shape and GIA-graded excellent polish and symmetry. D-color is actually colorless and considered the … Continued

Francis Bacon and Andy Warhol Art Set Contemporary Auction Record

According to auction giant Sotheby’s, pieces by Francis Bacon & Andy Warhol have been auctioned off for the staggering figure $190 million. Due to the large amount of cash the modern art pieces brought in, Sotheby’s is claiming a new world record for a European art auction. The pieces that were sold included: Francis Bacon’s … Continued

Elite Credit Card Comes With Artistic Perks

Looking for that special card that will offer exclusive perks just for being wealthy? MasterCard is offering the latest and greatest with their Sotheby’s MasterCard specifically tailored for those who earn over $250,000 per year and have over $2 million in investable assets. Not only does the card afford you free access to museums with … Continued