Sotheby's

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This Might Be the Oldest Photo of a US President

1843 image of John Quincy Adams, then a congressman, is going up for auction

(Newser) - Sotheby's has an interesting item coming up for sale, one that will intrigue history and photography buffs. But they'll need deep pockets to take it home: An 1843 daguerreotype of John Quincy Adams is expected to fetch up to $250,000 when it goes up for sale on... More »

Flea Market Find of a Lifetime Is Sold

26-carat diamond fetches $848K

(Newser) - She bought it for $15, expected to sell it for $450,000, and instead got $848,000 for a whopping 56,500% return on her original investment. The mystery seller, who snatched up a chunky "costume jewelry" ring at a flea market in London in the 1980s, parted with... More »

She Bought the 'Costume Jewelry' for $15. But It Was Real

Ring could sell for as much as $450K next month

(Newser) - It was an almost gaudily large piece of costume jewelry picked up for about $15 in the 1980s, and its owner apparently liked it—she "would wear it out shopping, wear it day-to-day." She almost certainly likes it much, much more now. The ring, bought at a car-boot... More »

Trump's Old Ferrari Didn't Make as Much as Expected at Auction

It sold for $270K

(Newser) - President Trump's former Ferrari was sold at auction for what Bloomberg calls a "disappointing" amount Saturday. The 2007 F430 F1 Coupe had been expected to go for as much as $350,000, but bidding stopped at $240,000, $10,000 below its low estimate and not high enough... More »

Green Pigment a Telltale Clue in Art-Fraud Case: Suit

'St. Jerome' contains modern pigment: Sotheby's

(Newser) - St. Jerome was said to have been painted by an Italian Renaissance master and was displayed at Vienna's national gallery before it was sold at auction in 2012 for $842,500. The buyer apparently overpaid. Sotheby's now says the artwork is a fake, not painted by Parmigianino in... More »

For Sale: A 45-Building Village You Can't Live In

Owners asking $2M for Canadian village that's basically a 19th-century movie set

(Newser) - A Canadian village an hour north of Montreal could be yours for a cool $2 million, but there's an asterisk: The 45 buildings spread out across the 140 acres of Canadiana Village are largely just for show, with only one house in livable condition. That's because for decades... More »

Man Buys World's Priciest Gem for Daughter, 7

$48.5M diamond is Josephine's 2nd present this week

(Newser) - What did your dad buy you when you were seven? A Hong Kong property tycoon just shelled out $48.5 million on a blue diamond as a gift to his daughter. The sale at Sotheby's on Wednesday night goes into the record books as the most ever paid for... More »

Mystery Buyer Spends Small Fortune on Cat Painting

All 42 cats in the painting are Persians and Angoras

(Newser) - There are cat enthusiasts and crazy cat ladies, and San Francisco art collector Kate Birdsall Johnson definitely liked her cats. The millionaire is said to have had some 350 felines at her 3,000-acre summer residence/cat ranch in Buena Vista, Calif., and invited artist Carl Kahler to do a portrait... More »

Lyrics Tupac Wrote in Jail Going Up for Auction

One set could fetch nearly $80K

(Newser) - While Tupac Shakur was in jail in 1995, a year before his shooting death, he hand-wrote lyrics that are now going up for auction, ITV News reports. The original penned lyrics for "Ambitionz Az a Ridah" and "Tradin' War Stories" are expected to fetch high prices (as much... More »

'Perfect' 100-Carat White Diamond Sells for $22M

Gem expert says transparency of auctioned jewel is like a 'pool of icy water'

(Newser) - An anonymous buyer is sporting some major bling after ponying up a tad over $22 million yesterday for a 100-carat diamond that Sotheby's likens to "the definition of perfection," the AP reports. It's the only white diamond of the classic emerald cut more than 100 carats... More »

This Will Be the Priciest Object Ever Sold*

*By size and weight

(Newser) - A stamp, created by a newspaper publisher when a British colony ran out of proper stamps in 1856, "will be by size and weight simply the most expensive object ever sold in history." The British Guiana One-Cent Black on Magenta stamp will sell at Sotheby's on June... More »

Springsteen's 'Born to Run' Draft Sells for $197K

That's about double the estimate at Sotheby's

(Newser) - Sotheby's underestimated the value of the Boss. A handwritten 1974 draft of his classic song "Born to Run" sold for $197,000 at auction today, reports Reuters . The presale estimate was between $70,000 and $100,000. Sotheby's revealed neither the buyer nor the seller, notes AP... More »

Harry Belafonte Hopes to Sell MLK Notes, Documents

Entertainer renews fight against estate of King

(Newser) - Harry Belafonte is bound and determined to sell some rare Martin Luther King documents—including notes for a speech that were in King's pocket when he was assassinated. The entertainer, who had to cancel a 2008 auction at Sotheby's at the last minute, has renewed his legal fight... More »

Painting Fetches Highest Price Ever for Living Artist

Gerhard Richter oil work sells for $37M

(Newser) - A huge oil painting by German artist Gerhard Richter sold for $37 million at Sotheby's yesterday, making it the highest price ever paid for a work by a living artist, reports the Guardian . Richter painted the 9-foot-by-9-foot Domplatz, Mailand, in 1968, and it last sold 15 years ago for... More »

Christie's Expands to China

It will be first independent foreign auction house in the country

(Newser) - One more sign that China has a growing class of rich people ready to spend money: Christie's has been granted permission to become the first independent foreign auction house in the country, the New York Times reports. The company's first auction will occur in Shanghai this fall. It'... More »

Family Sells $3 Bowl for $2.2M

1K-year-old Chinese bowl found at garage sale, sold at Sotheby’s

(Newser) - One lucky New York family sold a tiny Chinese bowl this week for $2,224,997 more than they paid for it: $3, at a garage sale six years ago. The bowl, which measures roughly 5.5 inches in diameter, sat in the unnamed family's home for years; eventually,... More »

Sotheby's Sets Record Thanks to $75M Rothko

$375M total for contemporary-art auction is biggest in house's history

(Newser) - What is it about Rothko that drives auction-goers wild ? One of the painter's works went for $75 million at a contemporary-art auction yesterday, helping make the evening's total haul—$375 million—a record-setter in the category for Sotheby's, reports the Wall Street Journal . A multinational group... More »

$10 Goodwill Buy: $15K Painting

Sotheby's to auction Ilya Bolotowsky work

(Newser) - During a visit to Goodwill, a North Carolina artist spotted two large abstract paintings selling for $10 each. That's a quarter of the price a brand new canvas would have cost Beth Feeback, and she figured she could easily paint over them with her subject of choice—cats with... More »

Marie de Medici Diamond Fetches Dazzling $9.7M

Pear-shaped jewel worn at 1610 French coronation

(Newser) - The diamond Marie de Medici wore when she was crowned queen of France in 1610 has been sold at auction in Geneva for an eye-popping $9.7 million. The 35-carat pear-shaped "Beau Sancy" diamond has been passed down by royal families through the centuries. The buyer is anonymous, reports... More »

Warhol's Double Elvis Sells for $37M

Lichtenstein's 'Sleeping Girl' brings in $45M

(Newser) - Another strong day for Sotheby's, though maybe not on the scale of the The Scream :
  • Andy Warhol's silkscreen Double Elvis sold for $37 million. One of 22 made by Warhol, it's based on a movie still and shows Elvis as a gun-toting cowboy, notes the Guardian .
  • Roy
... More »

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