Category Archives: Sotheby’s Auction House News

News and updates from Sotheby’s Art & Auction House: Private sales, selling exhibitions, upcoming auctions and more…

Luxury Real Estate Headlines: 3rd Week of December

Highlights from this week’s top news stories on luxury real estate, home, art, collectibles, Sotheby’s auction house, jets & yachts, sports & luxury cars, and lifestyle & travel news from around the world.

london-luxury-houses

London has three of the world’s ten most expensive properties – London Evening Standard

Sotheby’s September 2013 Significant Sales Around the World – HarryKolb.com/blog

Luxury Developers Bet Big on Ultramodern – The Wall Street Journal

U.S. economic recovery is expected to gain strength in 2014 – Los Angeles Times

Ocwen Financial Corp. reaches $2.1-billion mortgage-servicing settlement – Los Angeles Times

Billionaire David Murdock lists Bel-Air mansion at $30 million – Los Angeles Times

Sotheby’s International Realty sets up office in Dubai – gulfnews.com

Wealthy Chinese Explore Texas as a Venue to Park Wealth in U.S. Real Estate – The Sacramento Bee

William Pitt Sotheby’s looks to Chinese home buyers – ctpost.com

10 Hottest Housing Markets – CNNMoney.com

Breakfast at Sotheby’s: An A-Z of the Art World – TheEconomist.com

Sotheby’s Record Breaking Modern and Post-War British Art Sales Surpass ¬£7m – Artlyst.com

 

 

 

RM and Sotheby’s Offer a Century of Automotive History and Design in New York City

DELAHAYE TYPE 135 COMPETITION COURT TEARDROP COUP√Č, 1936

DELAHAYE TYPE 135 COMPETITION COURT TEARDROP COUP√Č, 1936

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Excitement is mounting for RM Auctions and Sotheby‚Äôs Art of the Automobile sale and exhibition, November 18‚Äď21, at Sotheby‚Äôs New York. This will be the first major collector car auction to be held in Manhattan in over a decade. The sale will lift the gavel on an elite roster of 34 of the world‚Äôs finest vehicles, 18 of which are expected to garner in excess of $1 million. The catalogue spans over a century of automotive design, from a Brewster-built Vanderbilt family carriage to a modern, one-off Bugatti Veyron supercar, and celebrates the automobile as a singular achievement at the crossroads of art, technology, and innovation.

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Global Participation from more than 30 Countries Drives Impressionist & Modern Art Evening Sale Above High Estimate to ¬£105,939,000 / $165,932,256 / ‚ā¨123,789,394

http://www.sothebys.com/content/dam/sothebys/PDFs/June%202013%20Post-Sale%20Impressionist%20Eve%20Sale.pdf

Exceptional Estate Collections
Draw Bidders in Record Numbers

Monet’s view of Venice, Le Palais Contarini, is the star lot of the Season at £19.7m.

Monet’s view of Venice, Le Palais Contarini, is the star lot of the Season at £19.7m.

Monet’s View of Venice, Le Palais Contarini
Is the Star Lot of the Season at ¬£19.7m / $30.8m / ‚ā¨22.9m

LONDON – JUNE 19, 2013 – Sotheby’s London Evening Sale of Impressionist & Modern Art totalled ¬£105,939,000, exceeding its pre-sale high estimate of ¬£74-104 million. Driven largely by the strength of the diverse offerings – fresh-to-the-market estate property, sculpture, and classic Impressionist works – the sale attracted global competition.

Monet’s 1908 view of Venice,¬†Le Palais Contarini, provided the highpoint of the evening, becoming the top selling work of the London summer season, when it sold in a tense three-way bidding battle for ¬£19,682,500/$30,828,700/‚ā¨22,998,940.

Moments earlier in the sale, a pristine example of a quintessential work by Piet Mondrian, Composition with Red, Yellow and Blue (1927) Рhis most favoured combination Рwas fiercely contested by five bidders.  The winning bid was cast by a telephone bidder and the work fetched a final sum of £9,266,500/$14,514,119 (est. £4.5-6.5) Рa price reflecting the rarity of seminal works by the Dutch artist on the market.

The auction was 81.7% sold by lot and was characterised by broad participation from bidders across 33 different countries on the telephones, in the saleroom and online. The sale saw a record number of participants from Asia in a London Impressionist sale.

Sotheby’s Auction House Upcoming Wine Auctions

london-wine-auction

http://www.sothebys.com/en/departments/wine/auctions.html

Sotheby’s Wine features fine and rare wines for current drinking, for cellaring and for investment, and specialises in offering the finest wine collections in the world at auction, through private sales and retail sales.

Sotheby’s Wine business, led by Serena Sutcliffe MW, comprises the most experienced and successful team in wine auctioning. Sotheby‚Äôs has been selling wine in London since 1970, in New York since 1994 and in Hong Kong since 2009. The department takes pride in offering only wine in the best condition and with excellent provenance, and the team‚Äôs well-earned reputation has attracted many of the most prestigious collectors and discriminating buyers in the world.The upcoming sale of Finest & Rarest Wines will take place on 17 July 2013 in London.

View Upcoming Finest & Rarest Wine Auctions

JULY 17, 2013 Finest and Rarest Wines  London | 10:30 BST

SEPTEMBR 7, 2013  Finest and Rarest Wines  Hong Kong | TBD

SEPTEMBER 11, 2013  Finest and Rarest Wines  London | 10:30 BST

OCTOBER 4, 2013  Domaine Clarence Dillon: Wines Direct from the C…   Hong Kong | TBD

OCTOBER 5, 2013  Important Burgundy and Bordeaux from a Europ…   Hong Kong | TBD

 OCTOBER 23, 2013  Finest and Rarest Wines  London | 10:30 BST

Contact
Whether you are a seasoned or a new collector, our client service representatives and specialists are available to assist you should you have questions regarding buying or selling, or wish to have wine from your collection valued.

Sotheby’s Sales and Selling Exhibitions

http://www.sothebys.com/en/private-sales/overview.html

Liberty or Death: Relics from the American Revolution

The Very Fine and Rare Jonathan Leonard Jr. Engraved Powder Horn, Engraving possibly by Richard Cresey, Bridgewater, Massachusetts, March 22, 1779

The Very Fine and Rare Jonathan Leonard Jr. Engraved Powder Horn, Engraving possibly by Richard Cresey, Bridgewater, Massachusetts, March 22, 1779

Selling Exhibition – New York | June 1 – 28, 2013

This June Sotheby’s opens Liberty or Death: Relics from the Revolutionary War Era, a multiple department Americana selling exhibition focused on the years of struggle for Independence. On view alongside carefully curated items for private sale will be outstanding historic treasures from The Museum of the American Revolution. Learn more

Beyond Limits ‚Äď Sotheby‚Äôs at Chatsworth

Beyond Limits 2007 Marc Quinn Myth (Sphinx)

Beyond Limits 2007
Marc Quinn
Myth (Sphinx)

Selling Exhibition – Derbyshire, UK | September 9 – October 27, 2013
Following the phenomenal success of the last seven years, Sotheby’s will return to Chatsworth this autumn, showcasing works from a variety of cutting edge contemporary artists, as well as works from established modern masters. The 2013 exhibition will take place from 9 September to 27 October. Learn more

The Spirit of Ink: 12 Hong Kong Artists

LEUNG Ka Yin Joey, Photo-mirror #01, 2012 Photo: Chromogenic prints on archival photo paper, 30 x 45 cm Drawing: Pencil and ball pen on cotton watercolour paper

LEUNG Ka Yin Joey, Photo-mirror #01, 2012
Photo: Chromogenic prints on archival photo paper, 30 x 45 cm
Drawing: Pencil and ball pen on cotton watercolour paper

Selling Exhibition – Hong Kong | June 7 – 28, 2013
Taking place alongside New Ink РAn Exhibition Of Ink Art By Post 1970 Artists From The Yiqingzhai Collection, this group exhibition showcases more than 20 works including paintings, installations and sculptures by 12 Hong Kong artists Learn more