Category: Money

Latest World Art News about Money, Capital, and Wealth in the Art, Antiques, and Collectibles markets

Record-Breaking Sale: Ancient Tibetan Sculpture of Virupaksha Achieves $4.85 Million at Bonhams Hong Kong Auction

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In a recent auction event at Bonhams Hong Kong featuring Images of Devotion, an extraordinary Early 15th Century Gilt Copper Alloy Figure of Virupaksha from the renowned Densatil Monastery in Central Tibet commanded a staggering price of HK$37,964,000 (approximately USD $4,855,000). This masterpiece, considered the pinnacle of the order’s sculptural tradition, surpassed its estimated value of HK$35-55 million (USD $4.5-7 million), contributing significantly to the overall auction total of HK$75 million (approximately USD $9,632,000).

Bonhams Announces A Once-In-A-Lifetime Costume Auction of Netflix’s Award-Winning Series ‘The Crown’

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The award-winning series, The Crown, is one of Netflix’s most prestigious and acclaimed shows. Now, as the final series premieres, Bonhams announces a once-in-a-lifetime auction of close to 450 props, furniture, and costumes – including those inspired by Queen Elizabeth’s Coronation Robes and Princess Diana’s ‘Revenge dress’ – from all six series of The Crown, written and created by Peter Morgan and produced by Left Bank Pictures and Sony Pictures Television. A live sale of approximately 150 lots will take place on Wednesday 7 February 2024 at Bonhams, New Bond Street, London, followed by an online auction of around 300 lots commencing on 30 January to 8 February on bonhams.com. Proceeds from the live sale will go towards establishing the Left Bank Pictures –The Crown Scholarship programme at the National Film and Television School (NFTS) which has training sites across the UK in Buckinghamshire, London, Leeds, Scotland, and Wales.

Dutch Collection of Art & Antiques Fetches £2.86m at Bonhams Auction

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In a dazzling spectacle of high-stakes bidding, the illustrious collection of the late Dutch connoisseur-collector Cornelis Paulus van Pauwvliet took center stage at Bonhams New Bond Street on Tuesday, November 21. The auction, a crescendo of anticipation, saw a remarkable total of £2.86 million change hands as passionate art enthusiasts vied for a piece of cultural history.

Max Verstappen’s Championship-Winning F1 Race Suit to be Sold by Bonhams for Red Bull Charity Auction

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The dark blue Oracle Red Bull Racing overalls worn by three-time Formula 1 World Champion Max Verstappen over the 2023 Dutch Grand Prix weekend will be offered in the Bonhams | Cars Abu Dhabi Auction Online from 17 – 30 November. Driving his Red Bull RB19, Verstappen finished in 1st position at the 2023 Dutch Grand Prix weekend in Zandvoort, in front of his home crowd, marking his 46th Grand Prix race victory. Signed by the World Champion with a Certificate of Authenticity from the Oracle Red Bull Racing Formula One Team, and estimated at £60,000 – £70,000, the overalls will be sold to benefit Red Bull’s Wings for Life charity. Verstappen is only the fifth driver in the sport’s history to win three consecutive championships, as well as joining an elite club of drivers who have won three or more World Championships.

Richard Diebenkorn’s Painting Sells for $46.4 Million at Christie’s

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In a groundbreaking Christie’s auction on November 9, 2023, Richard Diebenkorn’s seminal artwork, “Recollections of a Visit to Leningrad,” achieved a record-setting price of $46,410,000 US. Painted in 1965, this monumental canvas, measuring 181.3 x 211.1 cm, stands as a testament to Diebenkorn’s transformative encounter with the works of Henri Matisse during a rare trip to the Soviet Union in the 1960s. Diebenkorn’s journey to the Soviet Union was part of a cultural exchange initiated by President John F. Kennedy and Premier Nikita Khrushchev. During his visit, the artist immersed himself in Matisse’s masterpieces, particularly those housed in the Pushkin State Museum of Fine Arts in Moscow and the State Hermitage Museum in Leningrad (now Saint Petersburg). This experience had a profound impact on Diebenkorn, inspiring a shift in his artistic approach towards abstracted planes of rich and vibrant color.

Monet’s Masterpiece Smashes Records at Christie’s with a Staggering $74,010,000 Sale

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In a groundbreaking auction at Christie’s on November 9, 2023, Claude Monet’s masterpiece, “Le bassin aux nymphéas,” achieved a record-setting sale of USD 74,010,000. The iconic painting, dating from 1917-1919 and measuring 100.1 x 200.6 cm, surpassed all expectations, becoming one of the most expensive Monet artworks ever sold. Widely celebrated as a landmark of late Impressionism, “Le bassin aux nymphéas” captures the essence of Monet’s famed gardens at Giverny. The large-scale canvas showcases the artist’s signature play of impasto and vibrant brushwork, offering a mesmerizing portrayal of the flowing planes of flowers and the expansive lily pond.

Record-Breaking Sale: Magnificent World Map Fetches £1.86 Million at Bonhams, Setting New Benchmark for Islamic Scientific Instruments

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A magnificent and extremely rare Islamic Mecca-centred world map, a masterpiece from Safavid Persia, sold for £1.86 million at Bonhams Islamic and Indian Art Sale today (Tuesday 14 November). It had an estimate of £1,500,000-2,000,000. The map, formerly on display at the Harvard Museum of Art, and dating from the last quarter of the 17th century, is the finest and most complete Mecca-centred world map of only three surviving examples (the other two were discovered in 1989 and 1995) and is the most important Islamic scientific instrument ever offered at auction.

High-End Ceramics: Timeless Masterpieces by Hans Coper, Lucie Rie, and Jennifer Lee from an Exquisite Private French Collection at Bonhams

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A selection of 15 exceptional ceramics by Hans Coper, Lucie Rie, Jennifer Lee, Ewen Henderson, Colin Pearson, Duncan Ross and Walter Keeler from a private French collection will be offered at Bonhams Cornette de Saint Cyr in Paris on Wednesday 6 December 2023. Hans Coper (1920-1981) was a leading figure in the field of studio pottery — the production of unique ceramic wares made by individual artist-potters in small batches. Together with Lucie Rie (1902-1995), he was instrumental in revolutionising British ceramics, adopting a style which was increasingly sculptural.

Art With A Bite: CoBrA Sale Returns To Bonhams Auction

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Following the success of the first CoBrA sale last year in Copenhagen, where several records were set, notably for Corneille and Stephen Gilbert, the Danish auction house Bruun Rasmussen, part of the Bonhams network, presents a new CoBrA sale on 5 December at its new premises in Lyngby. A touring exhibition featuring a selection of paintings will begin in Amsterdam from 14 to 15 November, then travel to Brussels from 17 to 19 November at Bonhams Cornette de Saint Cyr, before concluding in Copenhagen with the auction on 5 December. An online sale will take place from 29 November to 12 December.

Bonhams to Showcase the Helen and David Milling Collection of Arts and Crafts Ceramics and Glass

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The Helen and David Milling Collection, featuring the finest British and American art pottery and glass from the late 19th and early 20th centuries, will be showcased at Bonhams this December. Over the span of half a century, the Michigan couple meticulously assembled an exceptional collection from some of the era’s most renowned potters, designers, and artists. This distinguished assortment comprises more than 350 lots, to be presented across three sales this December: 20th Century Decorative Arts and Ceramics on December 5 in London, Modern Decorative Art & Design on December 12 in New York, and the dedicated Helen and David Milling Online auction from December 8–18 at Bonhams Skinner.