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SOTHEBYS

No-Reserve Auction for Rocky Mountain Luxury Property a Big Success

Mar 21, 2013  |   Contributor: James Rothaar  |  1 Comment

Platinum Luxury Auctions successfully sold a premium property in Snowmass, Colorado at auction on March 16. The high-end home had been on the market for more than three years at $2.1 million, finally selling for $1.76 million at approximately 84 percent of its original asking price.... Read More

$100 Million for a Historic Estate and its 75-Year-Old Homeowner

Feb 6, 2013  |   Contributor: Annalisa Solari

The San Francisco area is known for many great things: the Golden Gate Bridge, Alcatraz and Ghiradelli Chocolate, but if you’re in the market for a luxury home with Tuscan-style architecture and a few acres, generally your search will come up empty. This is of course unless you head half-way between San Francisco and the Silicon Valley to the rustic town of Hillsborough.... Read More

Bacon and Basquiat Top Half Billion-Dollar London Art Auctions

Feb 4, 2013  |   Contributor: Jared Paul Stern

Over half a billion dollars in fine art will be sold in London this month as the major auction houses stage landmark sales of contemporary, modern and impressionist art. Topping the list are multimillion-dollar works by the likes of Francis Bacon, Jean-Michel Basquiat and Germany’s Gerhard Richter (the world’s top selling living artist).... Read More

Play Like Royalty on a 17th Century Amber Board Game

Nov 28, 2012  |   Contributor: Annalisa Solari  |  1 Comment

‘Tis the holiday season, and while perhaps in the past ripping off the packaging of a new board game was the cause for bitter disappointment, this December Sotheby's will be auctioning off a unique 17th century amber board game that comes to the market with an estimate of £300,000-500,000 (approximately $480,482-800,803), sure to make any game and gift lover swoon.... Read More

Sotheby's Offering Exclusive Krug Champagne Tastings in France

Nov 16, 2012  |   Contributor: Jared Paul Stern

Sotheby’s has upped the ante for its December 1, 2012 sale of the largest collection of Krug champagne ever, taking place in New York. In addition to the unprecedented offering of precious bottles sourced directly from the cellars of Maison Krug in Reims, the auction house is now offering two exclusive excursions to the Maison itself, one of which includes a private tasting of historic Krug vintages. The premier package begins with a limousine ride from Paris to Maison Krug in Reims. A tour of the Maison is followed by a fabulous lunch at L'Assiette Champenoise, the luxurious hotel that features a Michelin 2-star restaurant.... Read More

Come Home to Tavern Island

Oct 16, 2012  |   Contributor: Sally Farris

It’s time to stop your luxury house hunting and start your island searching. Your quest will probably bring you somewhere near Rowayton, CT, only an hour from midtown New York, and lucky you, that’s exactly where Tavern Island is available for the first time in 30 years for purchase. For almost $13 million you can own 3.5 acres of private land with a home featuring six bedrooms, four full baths and three half baths. The home was built in 1900 in the Tudor style, making it look a little like it materialized out of a fairy tale.... Read More

Eric Clapton Auctions Gerhard Richter Abstract Painting for Record $34 Million

Oct 15, 2012  |   Contributor: Mila Pantovich

Musician Eric Clapton recently made $34 million on the sale of an abstract painting he owned by German artist Gerhard Richter. If you don't know who Clapton is, you're really showing your young age. The legendary songwriter and guitarist is a three-time Rock and Roll Hall of Fame inductee, once for his solo work and the other two for his work with The Yardbirds and Cream. Now, does Clapton actually need all this new money he raked in for the painting? Not really, but he and Richter definitely made history with the Sotheby's auction because it’s a new record amount for work by an artist still among the living.... Read More

"The Scream" Heads to Museum of Modern Art in October

Sep 19, 2012  |   Contributor: JustLuxe Team  |  1 Comment

If you're looking for more things to see and do in New York City and you'll be in town between October and April, you might consider a visit to the Museum on Modern Art for a look at art auction history. After selling for $120 million at Sotheby's just this past May, the famed work is on the move, set to be on display at MoMA from October 24 until April 29, 2013.... Read More

The Latest Appointments | PPR, Audi & Jumeirah Group

Jun 12, 2012  |   Contributor: Sophie Doran

The Latest Appointments at Hilton Hotels, Sotheby’s, Barney’s New York, Tiffany & Co, PPR, Smythson, Aquascutum, Departures & Vogue Australia... Read More

Record Breaking Auction Highs for Contemporary Art

Jun 7, 2012  |   Contributor: Sophie Doran

Contemporary art becomes ‘the gold of the new rich’, following record breaking auction sales in New York for Rothko, Klein, Lichtenstein and other post-war artists.... Read More

Sotheby's & Christie's Record-Breaking Auctions Total $654.5 Million

May 11, 2012  |   Contributor: Sara Cardoza

The luxury art world had an astounding week, with Sotheby’s and Christie’s in New York auctioning big name works. On Wednesday Sotheby’s accrued a total of 266 million dollars for the sale of Francis Bacon’s Figure Writing Reflected in a Mirror, Andy Warhol’s Double Elvis, and Roy Lichtenstein’s Sleeping Girl. The works sold for $44.9, $37, and again, $44.9 million, respectively.... Read More

The Scream Sets Record at Sotheby's Fetching $120 Million

May 3, 2012  |   Contributor: James Rothaar  |  2 Comments

It is likely that the sale of one of the versions of Edvard Munch’s The Scream at $119,922,500 at Sotheby’s Impressionist & Modern Art auction last night prompted more than a few shouts from members of the art community. The sales price sets a new record for a work of art to be sold at auction.... Read More

China's Market for Fine Wine Shows Maturity

Dec 12, 2011  |   Contributor: Sophie Doran

China’s market for fine wines is maturing and augmenting at a dizzying rate. Wine imports to Hong Kong are poised to break the US$1 billion barrier this year, after soaring by 65% in the first eight months of 2011. And that doesn’t even take the booming Mainland into consideration, a wine market valued at 75 billion Yuan (roughly US$10 billion) in 2009. Domestic wines still account for over two-thirds of the local market, but demand for imported grape wine is surging, as the rising middle class take more overseas travel, exposing them to western customs and wine culture.... Read More

Luxury Property Demand Outstrips Supply in London & Manhattan

Nov 29, 2011  |   Contributor: Sophie Doran  |  1 Comment

A “herd-like mentality” is said to have spurred luxury property buyers in the past several quarters, as the wealthy once again enthusiastically invest in hotspots like London and Manhattan. Despite forecasted economic storms and the liberal use of the words ‘debt’ and ‘crisis’, both locations are currently enjoying such a boom at the high end of the market, that demand has outstripped supply.

... Read More

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