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.
“It’s an absolute record for a yellow diamond,” Sotheby’s David Bennett told journalists after the sale. “It is a spectacular, unique stone.”
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 is truly stunning. It is also one of the largest diamonds ever to have appeared at auction,” Sotheby’s Switzerland co-chairman David Bennett told a news conference in Hong Kong.
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 from carbon fibre like the original and its shell was milled using computer modelling data handed over from the Italian car manufacturer.
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 off their newly-made cash.
Christie’s six-day Spring sale kicks off Friday with more than 2,700 lots, including a rare Patek Philippe watch and several pieces of contemporary art, that the house expects to rake in about HK$2.4 billion ($308 million).
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 a sale that netted 78.9 million Swiss francs, third highest for a jewellery sale, the auction house said.
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 classed as a type IIa diamond, with the type II category making up less than two percent of gem diamonds.
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 eventually coming down after six minutes of bidding to finalise the sale to an anonymous phone buyer.
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 its estimate, from around $1.9 million to $70 million.
It was the highest price ever paid for a Chinese artwork sold at auction and equivalent to a huge lottery win for the sellers, who found the 18th Century Qianlong Emperor-era piece while clearing out a house after a relative died.
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 and the two saints posed around a chubby infant Jesus as he stretches out his left hand.
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 sell for between four and six million pounds, the book was bought by London dealer Michael Tollemache.
A bracelet owned by Wallis Simpson, whose affair with Edward VIII led to his abdication, has sold for a world record-breaking Â£4.5m ($7m) at auction.
The diamond panther bracelet, was sold by Sothebyâ€™s. It was the most expensive bracelet and most expensive Cartier item to be sold at any auction.
It was one of 20 pieces owned by the Duke and Duchess of Windsor to go under the hammer in the sale, which raised a total of Â£7,975,550 ($12,417,369m).
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.
Sothebyâ€™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 luxury lakeside hotel.
But intense bidding wiped out the record of over 24 million dollars set during an auction in December 2008 in the sale of a grey-blue diamond Wittelsbach.
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  (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 ahead of the New York sale.
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.
Five bidders on Tuesday competed over what Sotheby’s called the “iconic” and “stunning nude,” driving the final price to 68,962,500 dollars.
The massive sale highlighted the first of the autumn art auctions in New York at Sotheby’s and rival Christie’s, with both houses predicting a surge in demand.
Three bottles of Chateau Lafiteâ€™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 Sothebyâ€™s, which offered almost 2,000 bottles of Lafite shipped directly from the cellars of the chateau in Pauillac, near Bordeaux.
The 1869s – the oldest bottles in a range of vintages that spanned 139 years – were each estimated to sell for between HK$40,000 and HK$60,000.
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 Sothebyâ€™s in Geneva
It is classified as ‘fancy intense pink’ – the most perfect pink colour – by the Gemological Institute of America, and is set between shield-shaped diamond shoulders on a silver ring.
A rare copy of the most expensive book in the world, John James Audubon’s â€œBirds of America,â€ will be up for sale at Sothebyâ€™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 contains 1,000 life-sized illustrations of almost 500 breeds. It took wildlife artist John James Audubon 12 years to complete his study.
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 demise.
“We think that there are many people around the world who would like to acquire some art with a Lehman connection,” said administrators PricewaterhouseCoopers.
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 pieces on sale include a Cartier heart-shaped emerald, ruby and diamond brooch (above) commissioned in 1957 to mark their 20th wedding anniversary.
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 auction record for a Turner work was 20.5 million pounds, which was set by “Giudecca, La Donne della Salute and San Giorgio” in April 2006.