HomeTagSotheby's Archives - Page 3 of 9 - Arts & Collections

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Sotheby’s Evening Sale of Impressionist & Modern Art saw René Magritte’s portrait of patron Edward James, Le Principe du Plaisir (The Principle of Pleasure) (1937), fetch $26.9 million—a new world auction record for the artist. The portrait of one of the most influential patrons of surrealist art—introduced to Magritte by Salvador Dalí in 1937—well exceeded its highest pre-sale estimate of $20 million, after a bidding battle between seven collectors. Commissioned by James himself, the work...

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On 14 November, Sotheby’s will present A Street (1926) and Calla Lillies on Red (1928) by Georgia O’Keeffe in a Contemporary Art Evening Auction for the first time. The stunning Cottonwood Tree in Spring (1943) will also be featured at the American Art Auction, taking place on 16 November. Succeeding the sale of Georgia O’Keeffe’s iconic flower painting Jimson Weed/White Flower No.1 (1932), Sotheby’s will again be offering significant works by the modernist artist to...

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Sotheby’s sold a rare Iznik charger (c.1480) for £5.35 million, breaking a record for a piece of Iznik pottery and establishing one of the highest prices for an Islamic work of art. The charger, one of the most important pieces of Ottoman Iznik pottery remaining in private hands, was offered as part of Sotheby’s Arts of the Islamic World auction in London. Originally estimated to fetch between £300,000-500,000, the exceptional piece drew in considerable interest...

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Anonymous street artist Banksy released a video on his official website showing a ‘practice run’ shredding of his famous million-pound Girl With Balloon (2006). Shred the Love (the director’s cut), which was posted on Tuesday 17 October, implies the stunt pulled at the Sotheby’s auction should have ended with the artwork being completely destroyed. In the video, Banksy himself is shown constructing the shredding mechanism. The clip also features recordings from the auction itself—including clips...

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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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Anonymous street artist and political activist Banksy strikes again. One of his most recognisable paintings, Girl With Balloon (2006), self-destructed immediately after it went under the hammer for an astounding £1.04 million. The artwork was initially estimated to fetch £200,000-300,000. The stunt left auctioneers attending Sotheby’s London’s Contemporary Art Evening Auction on 5 October 2018 completely speechless. It is still unclear what the ramifications are for the art world, the auction house and the buyer,...

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Diamonds have been revered for their beauty for millennia. Nowadays, coloured diamonds offer a strong return on investment—even in the current global market. Debatably less complex than the cryptocurrency market and, decidedly, more beautiful than stocks, fancy coloured diamonds (FCDs) are increasingly turning the heads of wealthy investors. Thanks to a surge in demand for FCDs over the last decade—and their reputation for being a safe long-term investment—it’s no wonder connoisseurs are adding them to...

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Dripping with exuberance, the Tiffany lamp’s iridescent, cascading lead stained glass designs are synonymous with the striking Art Nouveau movement of the early 20th century. The world is well acquainted with the classic, timeless jewellery staples of Tiffany & Co., founded by Charles Lewis Tiffany—but what of Louis Comfort Tiffany, the diamond titan’s son and founder of Tiffany Studios? The exquisite, tinkling designs of the famously ethereal Tiffany lamps were the brainchild of this Tiffany...

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Sotheby’s will hold a series of dedicated auctions from The Estate of Barbara Sinatra in New York this December. The collection will be split among three sales: Lady Blue Eyes: Property of Barbara and Frank Sinatra (6 December), Magnificent Jewels (4 December), and Lady Blue Eyes: Online (27 November-7 December).  Gathered primarily from the couple’s residences in Los Angeles, Palm Springs and Malibu, the objects on offer to collectors include fine art, decorative pieces and...

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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....

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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