Category: Market

Latest Art Market News from Around the World

Tretchikoff’s Missing “Lost Orchid” Re-emerges at Bonhams African Art Sale In London

It is considered to be one of Vladimir Tretchikoff’s great masterpieces and is one of the best-known and most reproduced of his works. Yet for years his Lost Orchid was itself considered lost. Having not been seen in public since it was acquired from the artist in 1955, the painting has finally re-emerged and will now be offered at Bonhams’ Modern and Contemporary African Art sale on 27 March at New Bond Street, London. It has an estimate of £150,000 – 200,000.

1904 NAPIER SAMSON L48: The First Car to Break 100MPH in America Goes to Auction

The 1904 Napier Samson L48 is set to make a triumphant comeback to Florida, where it made history by breaking the 100 miles per hour record on American soil over a century ago. This legendary vehicle, famous for its illustrious racing background, will be unveiled at Ormond-Daytona Beach on February 10, ahead of the Bonhams|Cars Amelia Island Auction on February 29, where it’s anticipated to fetch a price ranging from $900,000 to $1,100,000.

Antiqon PRO: New Online Service Offers Art Market Professionals an Effective Way to Promote Art & Antiques on the Internet

Antiqon PRO is announcing the launch of an online platform that introduces a completely new format for promoting and selling art objects on the Internet. This innovative service will enable representatives of the art market to seamlessly transition their business online and reach an audience of over 12 million people.

ART WAR: Sotheby’s Emerges Victorious in Russian Billionaire’s Battle Over Alleged Fraud

In a riveting conclusion to a three-week trial, a federal jury ruled in favor of Sotheby’s on Tuesday, dispelling the accusations of Russian billionaire oligarch Dmitry Rybolovlev, who claimed the prestigious auction house defrauded him of tens of millions of dollars in art sales. The drama unfolded as Rybolovlev accused Sotheby’s of conspiring with Swiss art dealer Yves Bouvier to inflate prices for four significant works, including the famed “Salvator Mundi” attributed to Leonardo da Vinci.

Football Legend Lionel Messi’s Historic Napkin Up for Auction at Bonhams, Starting at £300,000

One of the most pivotal documents in the history of football (soccer) is the famous and unique napkin on which the first promise of a contract was written to secure 13-year-old Lionel Messi for FC Barcelona. It changed the fortunes of both the club and Messi himself, who went on to become one of the greatest players of all time. The original napkin in blue ink is being offered at Bonhams on behalf of Argentine agent Horacio Gaggioli in an online auction running from March 18 to March 27. The starting price is £300,000 ($380,000 US).

ART WAR: Russian Billionaire Dmitry Rybolovlev vs. Sotheby’s in Epic $232.5 Million Art Fraud Trial

In a high-stakes legal showdown gripping the art world, Russian billionaire Dmitry Rybolovlev accuses renowned auction house Sotheby’s of orchestrating an elaborate art scam that cost him millions. The trial, underway in the United States District Court for the Southern District of New York, has thrust the secretive dealings of the art industry into the spotlight. Rybolovlev, with a net worth of $11.5 billion, made headlines as he pursued legal action against Sotheby’s, alleging collusion with Swiss art dealer Yves Bouvier to inflate prices on four rare artworks, including the iconic “Salvator Mundi” attributed to Leonardo da Vinci.

Navigating Trends, Value, and Display in Home Collectibles

Collectibles have a special place in home decor, adding personal touches and aesthetics. It’s important for collectors and decorators to know the latest trends in collectibles. This helps in deciding what to buy and how to arrange them. The value of collectibles can change a lot, depending on how rare they are, their condition, and how much people want them. Besides buying and valuing them, how you display these items is also key. You need to find creative ways to show off their special features and make sure they fit well with your home’s design. Understanding all these aspects improves the joy of owning and appreciating these valuable items.

$5M Bugatti Chiron Super Sport, Clocking Over 300MPH, Storms onto the Auction Block

In a thunderous revelation set to captivate automotive enthusiasts, Bonhams|Cars is gearing up to showcase the world’s fastest road-going car, the 2022 Bugatti Chiron Super Sport 300+, at the highly anticipated Scottsdale Auction. Following Bugatti’s awe-inspiring achievement of shattering the 300mph (483 km/h) barrier, the Chiron Super Sport 300+ emerged in a scarce production of merely 30 cars, solidifying its status as a groundbreaking hypercar.

Coca-Cola Art and Collectibles in Brief

From the staggering sale of a Coca-Cola bottle for over $100k to original artworks by renowned artists such as Haddon Sundblom and Norman Rockwell commanding significant prices, the realm of Coca-Cola art has witnessed remarkable transactions that underscore its cultural and monetary value. As we delve into the realm of Coca-Cola art and collectibles, we embark on a journey through time, exploring the profound impact of this iconic brand on art, culture, and the hearts of millions.

Christie’s Sells 3.5 Carat Blue Diamond Ring for $5.5 Million

On December 6th, Christie’s Rockefeller Center in Manhattan witnessed an extravagant showcase of luxury as the Magnificent Jewels auction unfolded. This event saw fervent bidding both in-person and over the phones, culminating in a remarkable total of $38,135,080. Impressively, 90% of the 152 lots available found buyers. The auction presented an exquisite collection of rare diamonds, significant colored stones, and distinguished jewels from renowned collections.