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Christie’s Magnificent Jewels Auctions Russian Imperial Emerald

Christie’s Magnificent Jewels auction in Geneva on 15th May 2019 offered a superb selection of pieces, many of which, including a Russian Imperial Emerald, achieved well over their estimates. The Imperial Emerald of Grand Duchess Vladimir of Russia is a pear-shaped emerald of 75.61 carats, with pear, circular and marquise-cut diamonds on a necklace of platinum and gold. On an estimate of CHF 2,300,000 – CHF 3,500,000 (£1.8m-£2.7m) it realised CHF 4,335,000 (£3.4m). The second...

Monet 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,...

George Michael’s Collection of the Work of Young British Artists For Auction at Christie’s

As we reported in February, over 150 works from the private art collection of George Michael are to be auctioned by Christie’s in London, online from 8th March to 15th March, and in a special evening auction on March 14th.  George Michael, who died suddenly on Christmas Day in 2016, was a keen visitor to galleries and artist’s studios, where he developed friendships with many of the Young British Art Movement (YBA) artists whose work...

Christie’s to Auction George Michael’s Art Collection

Over 200 works from the private art collection of George Michael are to be auctioned by Christie’s in London this March. The proceeds will help to continue the singer-songwriter’s philanthropic work.  The late George Michael, who died suddenly on Christmas Day in 2016, was a keen visitor to galleries and artist’s studios, where he developed friendships with many of the Young British Art Movement (YBA) artists whose work he admired deeply. His impressive collection represents...

New Rules to Redefine ‘Treasure’ Could Help UK Museums

In an effort to give museums a better chance of acquiring historic items before they disappear into private hands, the government has announced plans to expand the definition of ‘treasure’. At present, those who find items at least 300 years old made substantially of gold and silver, or which are found with artefacts of precious metals, have a legal obligation to report to a coroner within 14 days. If the object is deemed to be...

Christie’s to Offer ‘Bowler Hat’ Magritte Masterpiece

On 27 February 2019, Christie’s auction house will offer Le Lieu Commun (1964), one of the iconic ‘bowler hat’ Magritte masterpieces. Leading The Art of the Surreal sale, the painting is estimated to fetch between £15-25 million and is expected to set a new world auction record for the artist. This is the first time the work of art—which is considered to be one of the finest and largest examples of René Magritte’s bowler hat...

Christie’s to Offer Historic Gemstone Worn by Marilyn Monroe

The Moon of Baroda diamond—famously worn by Maharajas and Marilyn Monroe—will be auctioned by Christie’s on 27 November. In 1953 it was donned by Monroe when she sang the iconic song, Diamonds Are a Girl’s Best Friend whilst promoting the Howard Hawks film, Gentlemen Prefer Blondes (1953). Iconic Hollywood royalty, Marilyn Monroe reportedly exclaimed: ‘It’s gorgeous!’ upon setting eyes on the stone—it was the largest diamond she ever wore in her lifetime. A rich history...

Auction Highlights: Basquiat, Monet & More

Rounding up the season’s auction highlights, covering the record-breaking, the eclectic and the unique; we bring you the latest from the world’s most renowned auction houses. Scrawled expression Even 30 years after his death, the artwork of Jean-Michel Basquiat is proving to be painfully relevant as ever. A creation from his breakthrough year, Untitled (1982), sold at Sotheby’s Contemporary Art Evening Auction this June for over £14 million—soaring beyond its pre-sale estimate of £7.5-10 million....

The Pink Legacy: Record-breaking Diamond to Go to Auction

Christie’s Geneva will auction the largest Fancy Vivid Pink diamond, The Pink Legacy, on 28 November 2018. Weighing just under 19 carats, the rectangular-cut gem is the highlight of the auction house’s Magnificent Jewels sale, which will be held at the Four Seasons Hotel de Bergues in Geneva. The Pink Legacy diamond descends from the Oppenheimer family—it is currently estimated to fetch from $30-50 U.S. million. A remarkable diamond Rahul Kadakia, international head of jewellery...

Rockefeller Art Sale Could Fetch $1 Billion

The vast art collection amassed by David Rockefeller will go under the hammer at Christie’s New York from 8-10 May. The auction house is calling the three-day auction ‘the most anticipated art world event of the spring season’. The sale, which coincides with a substantial upswing in the art market, could make history by achieving the enormous sum of $1 billion. No other estate auction has ever surpassed that figure. All proceeds from the Christie’s auction,...

Unique in its broad international coverage of both arts and cultural events, Arts & Collections covers fine art from antiquity to modern times, auction records, a special sale preview by Sotheby’s, as well as market trends that inform collectors of the world’s finest items.

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