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Heralding the latest development in the rapidly emerging field of Artificial Intelligence (AI) art, Sotheby’s will offer the first self-contained, generative work of Artificial Intelligence ever to appear on the market, as part of the Contemporary Art Day Auction in London on March 6. Titled Memories of Passersby I, Mario Klingemann’s groundbreaking installation comprises a wooden console table which hosts an AI computer ‘brain’, and two framed screens upon which the machine’s output – disquieting...

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A one-of-a-kind gold Ferrari will be offered at a special Sotheby’s auction in October. The car—which is currently estimated to fetch £350,000-400,000—will be offered as a highlight of The Midas Touch, Sotheby’s first-ever auction completely dedicated to gold. Fully restored, the 1977 Ferrari 512 BB is only one of four Ferrari 512 BBs to be painted this shade of gold. The rare vehicle is also the only one to leave the production line with its...

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An extremely rare bottle of The Macallan Valerio Adami 1926 set a new world record when it was sold by Bonhams auctioneers on 3 October. The limited-edition 60-year-old lot fetched an eye-watering £848,750—it had been estimated at £700,000-900,000. Previous to this sale, the world record was set in May 2018 by Bonhams when another bottle of The Macallan Valerio Adami 1926 was sold for £814,081. Pop art labels Macallan commissioned two iconic pop artists—Valerio Adami...

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An 18th-century rare Chinese vase found in a shoebox in France sold for €16.2m (£14m) at a Sotheby’s sale. The vase, which was auctioned by Sotheby’s Paris on Tuesday (June 12), sold for more than 20 times its guide price—€500,000 to 700,000. It is the highest price ever reached by a single item sold by Sotheby’s in France. The vase was part of a family’s inheritance and was discovered in an attic. Sotheby’s Asian art...

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