Tag: Luxury

Islamic Sarghitmish Lamp Sets World Record as Most Expensive Glass Artifact, Selling for $6.5 Million at Bonhams

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In a landmark moment for art history, a 14th-century Sarghitmish mosque lamp from Egypt has shattered records, fetching an extraordinary ยฃ5,130,400 ($6.56 million) at Bonhamsโ€™ Islamic and Indian Art Sale in London on November 12, 2024. The sale attracted intense competition both in the room and via phone bidders, solidifying the lamp’s status as the most expensive glass object ever sold at auction. Initially estimated at ยฃ600,000-1,000,000 ($785,000-1,300,000), the lamp’s final price far exceeded expectations.

The Kingโ€™s Cadillac: Elvis Presleyโ€™s Last Car, 1977 Seville, to Be Sold in Sealed Auction

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A piece of rock and roll history is hitting the auction block as Elvis Presleyโ€™s 1977 Cadillac Seville, one of the last cars the King of Rock and Roll ever purchased, goes up for a rare sealed-bid auction with Bonhams|Cars. This customized Cadillac, featuring a powerful 5.7-liter V8 engine and fitted with a CB radio for private communication within Graceland, reflects Presleyโ€™s larger-than-life persona and unique style. Authenticated by Graceland and still bearing his name on the title, the car offers collectors a chance to own a personal artifact from Elvisโ€™s final years. Bidding opens on November 4, inviting fans and collectors alike to pursue this exceptional piece of cultural history.

Rare $1 Million Japanese Whisky Collection to Hit the Auction Block in Paris

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One of the world’s most exclusive Japanese whisky collections, the Hanyu Ichiro Malt Full โ€œCardโ€ Series, is set to be auctioned in Paris this November. Expected to fetch between $750,000 and $1.28 million, the collection features 54 bottles, each representing a playing card and signed by master distiller Ichiro Akuto. Known for setting record-breaking prices, Bonhams Cornette de Saint Cyr will host this online auction from November 12 to 29, offering collectors a rare opportunity to acquire a complete set of this historic Japanese whisky.

Rory Gallagherโ€™s Legendary 1961 Fender Stratocaster Sells for Over $1.15 Million, Returns to Ireland

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The collection of famed Irish musician Rory Gallagher reached an extraordinary milestone at Bonhams New Bond Street auction house this October, where every item offered was sold. Leading the sale was Gallagherโ€™s legendary 1961 Fender Stratocaster, which fetched a remarkable ยฃ889,400 ($1,156,793). The guitar, which Gallagher famously purchased for ยฃ100 on credit from Crowleyโ€™s Music Store in Cork in 1963, has become an icon in rock history for its worn look and unmistakable sound.

Lewis Hamiltonโ€™s IWC Schaffhausen Watch Sells for Seven Times Its Pre-Sale Estimate

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In a remarkable moment for charity, the IWC Schaffhausen watch worn by British Formula Oneโ„ข legend Lewis Hamilton on the podium of his record-breaking ninth victory at the 2024 Silverstone Grand Prix was sold at auction for $244,000. Bonhams hosted the online auction in collaboration with IWC Schaffhausen, and the watch was the star of the event, fetching seven times its original estimate. The auction concluded in tandem with The Laureus Charity Night in Zurich on October 19, 2024.

One of the Rarest and Most Important Islamic Glass Artifacts to Appear at Auction: Egyptโ€™s First Prime Minister Nubar Pashaโ€™s Ancient 14th-Century Sarghitmish Mosque Lamp

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A rare and historically significant 14th-century Mamluk mosque lamp from Egypt, known as the Sarghitmish lamp, will be a highlight at Bonhams’ Islamic and Indian Art Sale on 12 November 2024. With an estimated value of ยฃ600,000-1,000,000, this exquisite piece of Islamic glassware boasts impeccable provenance, having been in the family of Egypt’s first Prime Minister, Nubar Pasha, for over a century. The lamp, commissioned by Emir Sarghitmish during the reign of Sultan an-Nasir Muhammad, is adorned with intricate enamel and gilded inscriptions, blending piety and politics in its design. Its rich exhibition history includes displays in some of Paris’ most prominent museums, making it one of the most important examples of medieval Islamic craftsmanship ever offered at auction.

Hans Hartung Masterpiece Sells for $1.4 Million at Piguet Auction House

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Piguet Hรดtel des Ventes in Geneva, Switzerland, set new benchmarks in the art world this week, as a major work by the renowned abstract painter Hans Hartung fetched CHF 1.2 million ($1.4 million USD) at auction, placing it among the top 10 highest-selling pieces by the artist globally. This milestone, achieved in a somewhat challenging international art market, underscores Genevaโ€™s growing importance as a key destination for high-profile art auctions.

Younger Generations in Asia Are Spending Big on Contemporary and Digital Art

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Younger generations in Asia are increasingly shaping the art market, with millennials and Generation X collectors spending heavily on contemporary and digital art. According to CNBC, millennials and Gen X buyers are emerging as dominant forces in auction houses, driving a significant portion of sales across the region. As the art market continues to evolve, younger collectors and investors, especially in Asia, are set to play a pivotal role in shaping its future.

RX Japan Opens Visitor Registration for the International Jewellery Tokyo Autumn Show

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RX Japan is excited to announce the opening of visitor registration for the 12th International Jewellery Tokyo Autumn (IJT AUTUMN 2024), set to take place on October 23rd-25th at Pacifico Yokohama. This prestigious event, a highlight in the global jewellery industry calendar, will showcase around 810,000 exquisite jewellery items, including rare gemstones, coloured diamonds, pearls, luxury watches, and more.