Globally, the weather may be cooling, following a particularly hot, record-breaking July, but in the art world, temperatures are rising. According to rumours, Christie’s and Sotheby’s, the two most popular auction houses, are in a race to take up the estate of Emily Fisher Landau, art collector, …
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Sotheby’s New Platform Bypasses its Signature Auction Process
Sotheby’s, the premier auction house, is diversifying its business model and has launched a new platform that allows consumers to purchase luxury items without having to go through the bidding process and its extra fees. In a world where consumers are becoming ever more discerning and wanting qui…
This is Why Pink Diamonds are so Valuable
In April 2017, Sotheby’s sold the CTF Pink Star diamond for a record-breaking price of USD71.2 million. Now, it has auctioned off in Geneva another pink diamond all the way from Russia dubbed the ‘Spirit of the Rose’, for USD26.6million. The auction house describes it as “a 14.83-cara…
This Colourful Unique Ressence Watch will be Auctioned for Covid-19 Relief
Swiss watchmaker Ressence has teamed up with Sotheby’s to auction a unique pastel blue titanium automatic timepiece named after the designer’s children and whose proceeds will benefit Covid-19 relief. Unveiled on Monday, the Type 1 Slim “Ayrton & Finlay” was inspired by the winning desi…
At $1.9 million, this 1926 Macallan is the Most Expensive Bottle of Wine or Spirit Ever Auctioned
You have to be extremely drunk to buy a whiskey bottle for $1.9 million or you buy a bottle of whiskey for more than a million and then get extremely drunk to celebrate your win. Either way, a bottle was bought and sold and for no less than $1.9 million. The Macallan Fine and Rare […]
…The World’s Oldest Porsche is Going Under the Hammer to Fetch $20M
The Porsche 356 is widely believed to be the first car to be built by the iconic German automaker. However, Porsche’s history of building cars is quite complicated and difficult to chart. The first car in the history to actually carry the Porsche name is the Type 64 – an endurance racing car of w…
Claude Monet’s ‘Haystack’ Painting Sells for $110.7million on Auction
Ardent art lovers can spend millions when it comes to buying their favorites. And when its work as exquisite as that of Claude Monet, there’s hardly a doubt in our mind as to its worth. However, boggling many with its outstanding sale price is an exclusive ‘Haystack’ painting by the artist that h…
Sotheby’s is Curating Luxury Experiences For Millennials
Last month, Sotheby’s hosted its auction in Hong Kong, and it was remarkable. With a span over a multitude of categories, from fine wines, champagnes, modern and contemporary art, diamonds and jewelry to East Asian art and curiosities, it’s estimated value exceeded $1 billion. Their curiosity sec…