Every August, the collector car world flocks to Monterey, California where RM Sotheby‚Äôs presents a magnificent roster of best-of-category and rare automobiles. This year, the Monterey sale will be highlighted by the¬†Ferrari Performance Collection, the perfect way to celebrate the 70th anniversary of the “Prancing Horse.” Preview the thirteen stunners that comprise this collection.
Exceptional Estate Collections
Draw Bidders in Record Numbers
Monet‚Äôs 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) – his most favoured combination – was 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) – a 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‚Äôs 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
OCTOBER 4, 2013 ¬†Domaine Clarence Dillon: Wines Direct from the C‚Ä¶¬† ¬†Hong Kong¬†| TBD
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.