Category: Market

Latest Art Market News from Around the World

Where is Salvator Mundi? World’s Most Expensive Painting Set to Become Saudi Arabia’s Crown Jewel in Billion-Dollar Museum Gamble

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Recent reports suggest that Leonardo da Vinci’s elusive ‘Salvator Mundi’ painting may soon re-emerge as the centerpiece of a new museum in Riyadh, Saudi Arabia. The painting’s purchase by Saudi Crown Prince Mohammed bin Salman, widely known as MBS, was initially shrouded in secrecy, with his identity as the buyer only revealed through subsequent media reports. Since then, rumors have swirled about the painting’s location, with some speculating that it was being housed on MBS’s luxury yacht, the “Serene.”

Daniel Craig’s Personal James Bond Edition 007 Motorcycles to be Auctioned for Charity | HD Photos

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In a thrilling fusion of cinematic history and charitable cause, two limited edition Triumph motorcycles, personally owned and hand-signed by actor Daniel Craig, are set to go under the hammer at an upcoming auction. The motorcycles are the 003/250 Scrambler 1200 Bond Edition and the 001/250 Tiger 900 Bond Edition, both inspired by the models featured in the 25th James Bond film, No Time To Die. These exclusive editions sold out on their launch day, making them highly sought after by both motorcycle enthusiasts and James Bond fans alike.

Just Like James Dean’s! Ultra-Rare $4 Million 1956 Porsche 550RS Spyder to Hit Auction Block

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On October 6, automotive enthusiasts and collectors will turn their attention to the Bonhams|Cars Zoute Sale in Knokke-Heist, Belgium, where a true gem of racing history will be up for auction: the ex-‘ECURIE NATIONALE BELGE’ 1956 Porsche 550RS Spyder, Chassis 550-0082, just like the one that once belonged to Hollywood legend James Dean. While this iconic vehicle, with a storied past on European racing circuits, has no direct connection to the American actor who tragically lost his life in a similar model, it is still expected to fetch between €3,500,000 and €4,000,000, reaffirming its status as one of the most expensive classic sports cars in the world.

Rare 1959 Aston Martin DB4 Prototype ‘DP2155’ Set to Hit Auction with an Estimated Value of Over $1.5 Million

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Automotive enthusiasts and collectors are eagerly anticipating the Bonhams|Cars Zoute sale, set for October 6 in Knokke-Heist, Belgium. One of the highlights of the auction is the Works Prototype Design Project ‘DP2155’ 1959 Aston Martin DB4, which carries an estimated value of €1,300,000 to €1,600,000. This engineering marvel, distinguished as the last to bear the DP prefix, represents a significant chapter in Aston Martin’s storied history.

$1.5 Million 1926 Bugatti Type 35 Grand Prix Two-Seater to be Auctioned in Belgium

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The Bugatti Type 35, produced at Bugatti’s Molsheim factory between 1924 and 1930, is renowned for its innovative design and racing prowess. The car’s distinctive arch-shaped radiator and tapered ‘Bordino tail,’ possibly influenced by the Fiat 804 driven by Pietro Bordino, are emblematic features. The Type 35 was also pioneering in its use of cast alloy wheels, a first in automotive history.

$2,000,000 Mercedes-Benz SLR McLaren Stirling Moss 75/75 to Hit the Auction Without Reserve

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The SLR Stirling Moss, named after the legendary British racing driver, debuted at the 2009 North American International Auto Show. Designed by Yoon Il-hun, the car features a unique speedster style with no roof or windscreen, reminiscent of the 300 SLR race car. The interior, crafted by Dutch designer Sarkis Benliyan, complements the car’s distinctive exterior.

The World’s Most Expensive Dinosaur: $44.6 Million Stegosaurus ‘Apex’ Fossil | VIDEO

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The stegosaurus known as “Apex” has set a new record, selling for $44.6 million at Sotheby’s auction in New York on July 17, 2024, making it the most valuable fossil ever sold. This significant sale exceeded its pre-sale low estimate by over 11 times and concluded with applause after 15 minutes of bidding. Seven bidders competed for “Apex” during the live auction, with an anonymous buyer ultimately securing the fossil. The buyer intends to explore loaning the specimen to a U.S. institution, stating, “Apex was born in America and is going to stay in America!”

Willem de Kooning’s Meteoric Rise, Record-Breaking Sales, Glamour and Drama

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Willem de Kooning, a luminary of Abstract Expressionism, not only revolutionized the art world with his bold, gestural paintings but also saw his works sell for astronomical sums, cementing his legacy as one of the most financially successful artists of the 20th century. His life, a whirlwind of artistic triumphs, personal dramas, and glamorous highs, reads like a compelling narrative of passion, struggle, and ultimate acclaim.

Jim Carrey’s Collection of Modern Art and Design Goes on Sale | HD Photos

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On July 25, Bonhams Los Angeles will host a unique event: the Modern Design | Art sale, featuring a meticulously curated collection from the acclaimed actor, artist, and writer Jim Carrey. This 35-lot collection, amassed over nearly 30 years, reflects Carrey’s vibrant and eclectic artistic taste, showcasing a blend of modern design and fine art that speaks to his creative spirit.

Magnificent Japanese Inlaid Jar from the Meiji Era Sells for $146,000

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A notable inlaid iron jar and cover, decorated with intricate designs of birds and flowers representing the four seasons and commissioned by the renowned Meiji-era crafts entrepreneur Kawaguchi Yohei of Tokyo, sold for £114,700 ($146,000) at Bonhams New Bond Street. The item significantly exceeded its estimated value of £50,000-80,000 ($63,000-102,000) during the Fine Japanese Art Sale, which featured Meiji Masterpieces from a Distinguished Deceased Estate this May. The auction comprised 166 lots, achieving a total of £1,065,816 ($1,363,000), with a remarkable 98% sold by value.