As Sotheby's wraps up a Hong Kong auction, contemporary Chinese artists appear to be among the Asian art world's first casualties of the global financial crisis
The highest bidder will attend the premiere of the star's Disney animated film Bolt
Luxury these days is a tale of two markets: consumers continue to snap up high-priced Louis Vuitton bags even as they balk at paying full price for Coach handbags. The same can be said of demand for works of art.
Experts have confirmed "Rembrandt Laughing," bought for a bargain price of $4.5 million, is a self-portrait by the Dutch master himself
A private collector has plunked down $6 million to buy the largest diamond ever sold at auction in Asia.
A 1961 Ferrari California Spyder sold for $10,894,900 at an auction in Maranello, Italy, Saturday. It was the highest price ever paid for a vintage car at auction, according to RM Auctions and Sotheby's, the companies that organized the sale.
Two days, two modern art masterpieces, two record-breaking auction prices -- and one buyer: Russian billionaire Roman Abramovich.
The only copy of the Magna Carta in the United States, regarded as the earliest declaration of human rights, will be returned to the National Archives by the man who purchased it for more than $21.3 million.
A bottle of wine had been expected to go for about $150,000 Sunday, but, just hours before the sale was to take place, the auction house decided it wasn't quite ready to sell.
While contemporary works like Damien Hirst's $100 million diamond skull have dominated the headlines, a rare old master study by Peter Paul Rubens is quietly generating buzz among art collectors.
As Sotheby's wraps up a Hong Kong auction, contemporary Chinese artists appear to be among the Asian art world's first casualties of the global financial crisis
The highest bidder will attend the premiere of the star's Disney animated film Bolt
Luxury these days is a tale of two markets: consumers continue to snap up high-priced Louis Vuitton bags even as they balk at paying full price for Coach handbags. The same can be said of demand for works of art.
Experts have confirmed "Rembrandt Laughing," bought for a bargain price of $4.5 million, is a self-portrait by the Dutch master himself
A private collector has plunked down $6 million to buy the largest diamond ever sold at auction in Asia.
A 1961 Ferrari California Spyder sold for $10,894,900 at an auction in Maranello, Italy, Saturday. It was the highest price ever paid for a vintage car at auction, according to RM Auctions and Sotheby's, the companies that organized the sale.
Two days, two modern art masterpieces, two record-breaking auction prices -- and one buyer: Russian billionaire Roman Abramovich.
The only copy of the Magna Carta in the United States, regarded as the earliest declaration of human rights, will be returned to the National Archives by the man who purchased it for more than $21.3 million.
A bottle of wine had been expected to go for about $150,000 Sunday, but, just hours before the sale was to take place, the auction house decided it wasn't quite ready to sell.
While contemporary works like Damien Hirst's $100 million diamond skull have dominated the headlines, a rare old master study by Peter Paul Rubens is quietly generating buzz among art collectors.
Just blocks from where U.N. diplomats debate their interpretations of tyranny and democracy, what may be the first document to articulate the difference is going up for sale.
Europe's media and telecommunications industries are suiting up for another battle over valuable airspace. With large swaths of spectrum coming up for sale over the next two years, broadcasters, mobile-phone operators and providers backing new wireless technologies like WiMAX are jockeying to influence how regulators in Britain and across the continent will handle the allocation.
A Rolex has long been an accessory for showcasing status, savvy, and style. But recently it has also become a fast-appreciating asset. The watch market is full of long-term investments -- Julien Schaerer, a watch director at the auction house Antiquorum, showed us where to look.
Undeterred after a seemingly winning eBay bid of nearly $10 million fell through, the owner of the "General Lee" decided to try again.
The General Lee is going back for another run.
After commanding a winning bid last week of nearly $10 million, the online auction of a 1969 Charger, owned by one of the stars of the "Dukes of Hazzard" television show, has blown a gasket.
Rising foreclosures will bring misery to many home owners - but bargain prices for some lucky home buyers.
If the bids are real - and the eBayMotors.com auction was stopped once for fake bidding - a modified 1969 Dodge Charger, painted to look like the General Lee from the TV Show "The Dukes of Hazzard," nearly became the most expensive car ever auctioned.
A modified 1969 Dodge Charger, painted to look like the General Lee from the TV Show "The Dukes of Hazzard," is for sale on eBayMotors. So far, the bidding is up to more than $2.7 million.
International auction house Bonhams is timing the sale of a slave ship log to mark the 200th anniversary of legislation banning the then British Empire's participation in the slave trade with Africa.
At the European Fine Art Fair this week, most of the Lucite cases hold great bunches of pale pink tulips. The art is uncaged.
After a sale was postponed to answer questions about the car's racing history, an ultra-rare 1939 German racing car expected to fetch the highest price on record for any automobile did not find a buyer at an auction.
Federal prosecutors looking into allegations of counterfeit wine sales have sent subpoenas to rare-wine collectors and to some of the world's leading auction houses, including Christie's in London and Zachys in New York, according to a published report.
The auction of a rare 1939 German race car, which had been postponed pending an investigation into the car's history, is back on. The car had been expected to get the highest price ever paid for any automobile at auction.
The auction of a rare 1939 German race car, which had been expected to command the highest price ever paid for any automobile at auction, has been postponed, the Christie's auction house said Friday.
A rare 1939 German race car, expected to command the highest price ever paid for any automobile at auction, will hit the block in Paris in February.
A rare 1939 German race car commissioned by Adolf Hitler is expected to command the highest price ever paid for any automobile at auction, according to Christie's, which will conduct the auction in Paris in February 2007.
Christmas at Christie's came early this year.
If you had wandered into the New York location of Christie's auction house in 1996, you could have purchased a print of Helmut Newton's "Two Pairs of Legs in Black Stockings, Paris" for about $2,30...
Nearly half a billion dollars worth of fine art was exchanged during Christie's sale of modern and impressionist art in New York City last week. Fancy being a player in the art world? Here's our paint-by-numbers guide.
Last spring, Curtis Burttram found himself in a bind. His wife was battling a serious illness, the couple was sitting on two small rental properties near their home in rural Albertville, Ala., that they didn't have time to manage, and prices in the area had begun to slip.
A three-day action of Star Trek memorabilia beamed up some $7.1 million in total sales, Christie's auction house said Saturday.
Trekkies set their phasers to bid this week, doling out about $7.1 million during a three-day auction of "Star Trek" memorabilia at Rockefeller Center, Christie's auction house said Saturday.
Sales of Star Trek memorabilia at Christie's auction house are out of this world.
The winning bid on a coveted lunch with Warren Buffett, the world's second-richest man, was $620,100 on eBay Thursday.
The children of the Rev. Martin Luther King Jr. will receive an undisclosed amount of money from an anonymous group of people for about 10,000 manuscripts and books belonging to the civil rights icon, Atlanta Mayor Shirley Franklin's office said Friday.
Jewellery, art and furniture belonging to Britain's late Princess Margaret including the tiara she wore to her wedding have gone on display in London ahead of being put up for auction.
A double magnum of 1865 Château Lafite sold for a record $111,625 at auction, Sotheby's said.
Every morning around 5:30, Bill Ruprecht starts his day pretty much the same way: He pulls an egg from under a chicken's bottom.
If history chooses to remember Bill Ruprecht, CEO of Sotheby's Holdings, he'll go down for this: saving the 262-year-old auction house. But having surmounted the obstacles of scandal, Ruprecht must conjure a business plan that can deliver the consistent growth his investors crave.
Everyone knows Cuban cigars are illegal in the United States, thanks to the embargo on Fidel Castro's goods.
Sotheby's largest shareholder has sold its stake in the art auction house, a move that suggests the booming art market may be cooling, according to a report published Wednesday.
How would you like to sell your home in just five days, at full price or near it, and pay no broker's commission?
A good piece of art can mean much more than just a pretty picture on a wall.
Under Republican control, America has been "put up for sale to the highest bidder" and its government has been transformed into an "engine of patronage, not one of responsible policy," a Democratic congresswoman said Saturday in the party's weekly radio address.
The Wednesday sale of a portrait of George Washington will help the New York Public Library to procure more books and manuscripts -- but not as many as predicted.
NEW YORK (CNNMoney.com) - As big box retailers quickly sell out of the Xbox 360, some lucky buyers are seeing a nice turnaround on their investment.
Attention sports fans-- Joe DiMaggio's first major league uniform is going up for sale.
Wax busts of three Beatles used on the "Sgt. Pepper's" album cover have sold at auction for £81,500 ($145,380).
Timekeeping has been an obsession for mankind ever since the era when our Ice Age ancestors would pop out of their caves to check if the sun was up and they weren't late for the morning mammoth hunt.
Next week, car collectors will gather on the California coast for the 2005 Pebble Beach Concours d'Elegance.
Live auctions are fun, but you can't go to one every day--or in your pajamas at 3 a.m. The next best bet is eBay. There's no foolproof way to win, but there are ways to increase your odds of scorin...
Unless you're the kind of person who can afford to buy old masters indiscriminately, you might think of live auctions as being only for the rich and famous. But what the world's high rollers don't ...
Thursday evening, one lucky bidder put in the winning bid of $351,100 for lunch with the Oracle of Omaha, beating the next highest bid by only $100.
Unless you're the kind of person who can afford to buy Old Masters indiscriminately, you might think of live auctions as being only for the rich and famous.
NEW YORK (CNN/Money) - If you are media-savvy about marketing, like entertaining crowds and can speak at breakneck speed without sacrificing clarity, you have some of what it takes to be an auctioneer.
The oldest surviving FA Cup was sold at auction on Thursday for £478,400 ($879,400) - a world record price for an item of football memorabilia.
A painting by American artist Edward Hopper sold for $14 million at auction on Wednesday night, establishing a record price for the popular artist's work.
A painting by American artist Edward Hopper sold for $14 million at auction Wednesday night, establishing a record price for the popular artist's work.
A rare marble version of "Bird in Space" by Romanian sculptor Constantin Brancusi sold Wednesday at Christie's auction house for $27.4 million, a world record for a sculpture at a public auction.
Not long ago, Victor Viaden spotted a badly dented 1995 Ford Probe on an online auction site--and pounced. Viaden, who lives in Minsk, Belarus, and sells refurbished cars, won the wreck with a high...
Two "Dogs Playing Poker" paintings cleaned house at Doyle New York's annual Dogs in Art Auction, fetching a staggering $590,400, the auction house said.
Some rarely seen pictures of President John F. Kennedy, his wife, Jacqueline, and their family will be among the items sold at auction by the late president's daughter, Caroline Kennedy Schlossberg, in February, Sotheby's auction house said Tuesday.
The document that "cursed" the Boston Red Sox for 86 years could end up disappointing some needy people in New England once again.
Winemaker Robert Mondavi Corp. is drawing interest from a number of new bidders, even as some leading companies in the sector say they aren't looking at joining the field of potential buyers, according to a published report.
AFTER YEARS OF PLAYING second fiddle to the art markets in London and New York City, the French, with the help of a Romanian American, are fighting back. Rodica Seward, a former investment banker w...
Who says crime doesn't pay? nearly three years ago venerable auction houses Sotheby's and Christie's pleaded guilty to colluding to fix commission fees during the 1990s. The two firms paid more tha...
A few hours after Google began trading on Nasdaq--with the stock over $100 a share, up almost 20% from its $85 IPO price--we put in a call to William Hambrecht to gauge his mood. At 69, Hambrecht i...
On July 10, a lucky eBayer unloaded a used Montblanc Meisterstück pen for $160--not bad for an item that otherwise might have vanished into the back corner of a desk drawer. But Ann Wood of Dallas ...
On July 10, a lucky eBayer unloaded a used Montblanc Meisterstück pen for $160 -- not bad for an item that otherwise might have vanished into the back corner of a desk drawer.
The story itself has been overshadowed by more recent scandals, but The Art of the Steal: Inside the Sotheby's--Christie's Auction House Scandal (G.P. Putnam's Sons), by art and society journalist ...
Dinosaur bones would seem to be priceless, but investors aren't always buying.
A pair of auctions in Manhattan grossed close to $170 million Wednesday night, a record evening for modern art sales that also established record prices for a number of American artists, including abstract expressionist Jackson Pollock.
A large painting of waterlilies by French artist Claude Monet sold for nearly $17 million Thursday night at Sotheby's, capping a two-day auction of impressionist and modern art that grossed $315 million.
A painting by Pablo Picasso of an adolescent boy holding a pipe has fetched all-time record price at auction in New York.
A painting by Pablo Picasso of an adolescent boy holding a pipe could bring a record price for the artist's work at auction Wednesday evening in New York.
Couldn't get in on the Netscape IPO? Missed out on Microsoft? Got frozen out of taking a plunge on eBay? Now there's Google.
Treasury prices traded higher Wednesday, but the gains were capped as the market carefully listened to a slew of official comments and digested a sale of new U.S. government debt.
Sotheby's auction house said Wednesday it had sold the Faberge collection owned by the Forbes publishing family to a Russian industrialist.
The Forbes family has sold its fabled collection of Faberge Imperial Easter eggs to a Russian businessman, months before they were to be sold at auction, Sotheby's auction house said Wednesday.
It's a drizzly, steamy mid-July morning in Berlin, and the executives of eBay Germany are presenting their hearts out. In an un-air-conditioned conference room, the half-dozen young German managers...
Sitting in his eight-by-ten cell in a federal prison in North Carolina, Michael Paul Jackson, 23, still marvels at how easy the whole thing was. Several years ago when he decided to post fake aucti...
Collecting wine is a well-known hobby of businesspeople. So what happens when the economy tanks? In many cases the wine goes on the block. Says a director of an international bank in New York: "You...
There was a time in the not so distant past when I had three address books--one on the bookshelf, one in a drawer, and one I'd call the "floater," which I could count on to turn up when, and only w...
You're way past cheap Australian reds and bargain-basement Chileans. Plunking down 30 bucks for a California chardonnay is no big deal, and you're familiar with even the most obscure Oregon pinot n...
It happens to almost everyone sooner or later. Your parents die or move into a nursing home or take off for the South Seas, and you are left to deal with the houseful of stuff they left behind. If ...
The art world had big trouble on its hands when the former chairmen of Christie's and Sotheby's were indicted on charges of price-fixing this month. (Both men deny the charges.) Now comes even more...
The setting is idyllic: a 100-acre farm, green with vegetation and just a short walk from beautiful Cayuga Lake in upstate New York. Yet the talk from the farm's owner is anything but: "Power corru...
If, as some predict, the future of Internet access lies in wireless personal digital assistants or phones, one fortuitous effect is likely to be the weeding out of the kind of cumbersome content th...
The Microsoft trial is hogging the media spotlight right now--everywhere you turn, talking heads blather about the company's future. If these pundits craned their necks 2,400 miles to the west, the...
You don't have to go to Moldova (or know its capital) to get ripped off.
So I thought I was figuring out this Web auction thing, and then it turned out I wasn't. And I'm in excellent company.
Have you seen the carnage when companies sell stuff to other companies via Web-based auctions? Real example (reported by our Shawn Tully; see "Going, Going, Gone!", March 20, 2000, in the fortune.c...
Christie's and Sotheby's have always acted like mortal enemies whose well-bred staffs jockey for the next vault of impressionist oil paintings. Their top executives fuel that perception by trading ...
In late 1994 a preppy, apple-cheeked MBA named Glen Meakem presented his proposal for a bold new business to his bosses at General Electric's headquarters in Fairfield, Conn. With a visionary's pas...
It's auction day at the National Auto Dealers Exchange (NADE) in Bordentown, N.J. Each Wednesday, some 5,000 used cars go on the block. Car dealers stream in and out of a vast 18-lane auction area....
Amjad Kemal does enjoy the thrill of a good auction. He's a regular at both Sotheby's and Christie's, where he bids on 500-year-old Ming Dynasty vases for his collection, displaying them at home in...
At first glance Jackie O memorabilia, pink flamingos, romantic weekends in Paris, and your next business project appear to have nothing in common. But when you write a column like this, of course t...
On April 20, Meg Whitman, CEO of eBay, found herself in Washington before a group of 210 journalists and guests in the ballroom of the National Press Club. The moderator introduced her by quoting a...
Somebody please stop me. It's nearly midnight on a Monday evening, and I'm sitting in front of my computer, hoping to pay many times the actual value of a normally inexpensive, everyday item. No, I...
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