Sotheby's View

Sotheby’s sold for $3.7b in Deal With Media Entrepreneur

World-leading auction house Sotheby’s has been sold for $3.7b to French-Israeli telecomms entrepreneur Patrick Drahi. Shares in the auction house had dropped by 40 percent in the past year, and Philip Hoffman, chief executive officer of the Fine Art Fund and former Christie’s CEO, said “It was ripe for Sotheby’s to go private. Christie’s has more advantages being run privately and not having public quarterly reporting that puts pressure on their ability to do deals.”...
James Bond 1965 Aston Martin DB5 Could Be Yours For £3.5m From Sotheby’s

Life & CultureSotheby's ViewJames Bond 1965 Aston Martin DB5 Could Be Yours For £3.5m From Sotheby’s

The enormous success of 1964 James Bond movie Goldfinger also marked the beginning of long association with British sports car manufacturer Aston Martin. The Aston Martin DB5, the model most associated with James Bond, is now one of the world’s most iconic cars, and in an auction at Sotheby’s California in August, you could buy one of the few remaining vehicles with a direct association with James Bond. The vehicle for sale is a 1965...
Monet and Koons Set World Records in Art Auctions

Art FocusSotheby's ViewMonet and Koons Set World Records in Art Auctions

A painting by Claude Monet, one of the Meules (Haystacks) series, depicting rural life near his home in the Normandy region, has set world records by selling for $110.7m (£85.7m). Shortly after, a sculpture by US pop artist Jeff Koons sold for $91.1m (£71m), breaking the record price for a work by a living artist. The Monet painting from 1890 was the first Impressionist work to achieve over $100m. It was last auctioned in 1986,...
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