TORONTO (AP).- A dress worn by Princess Diana when she danced with John Travolta brought in the top bid at a Toronto auction that featured some of late princess’ well-known designer gowns. The midnight-blue silk velvet dress designed by Victor Edelste…
Sotheby’s Sells Record $447 Million of Asian Art
HONG KONG.- Auction giant Sotheby’s (BID.N) sold $447 million worth of Asian art, wine, watches and jewellery in its Asian spring sales, in another bullish showing for the Chinese art market despite weak results for a monumental collection of Chinese c…
China Blocks Well-Known Artist Ai Weiwei from Boarding Plane to Hong Kong
BEIJING (AP).- China blocked one of its most famous contemporary artists from taking a flight to Hong Kong on Sunday and police later raided his Beijing studio, the man’s assistant said. The artist, Ai Weiwei, is an outspoken government critic and has …
Rare Ferrari 340 Mexico Tops RM Auction’s Record $24 Million Amelia Island Sale
BLENHEIM, ONTARIO.- RM Auctions, the official auction house of the Amelia Island Concours d’Elegance, continued its record-breaking sales run in Northeast Florida over the weekend, posting a remarkable $24.3 million* in total sales with a strong 9…
Sotheby’s Hits Contemporary, Italian Art Targets with Combined Sales of $48.8 Million
LONDON (REUTERS).- Contemporary and Italian art sales in London last week largely underlined the sense that stability was gradually returning to a market that saw values soar in 2007 and 2008 before tumbling dramatically in 2009. Sotheby’s raised a com…
Manet Sets $33.1 Million Record, Auction Hits Target as Two-Week Marathon Begins
Sotheby’s sold an Edouard Manet self-portrait for 22.4 million pounds ($33.1 million) on Tuesday, a record for the artist but toward the lower end of pre-sale expectations of 20-30 million pounds. The painting, one of only two self-portraits by the art…
Christie’s Offers a Monet Water-Lily Painting Worth an Estimated $44-59 Million
LONDON
(REUTERS).- Auction house Christie’s is
offering a Monet water-lily painting
worth an estimated 30 to 40 million pounds ($44-59 million) this month
in what
it expects to be the biggest sale it has ever mounted in London. With
th…
Russian Art Sales "Solid", but Not Spectacular
By: Mike Collett-White
LONDON (REUTERS).- Russian art sales in London this week met expectations but failed to match dramatic recent rises in other sectors of the market, particularly impressionist, modern and old masters. Sotheby’s, Russian specialist…