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....The oval-shaped 59. 6 carat stone was bought after just five minutes' bidding at Sotheby's, reports said. ... [Read full article on BBC ]
Tuesday 4th of April 2017 12:28:09 PM
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....The wines most often targeted by counterfeiters are those from the top producers in the French wine regions of Bordeaux and Burgundy, especially from highly coveted older vintages, stocks of which are now limited. These wines are typically sold by auction, and auction house Sotheby's is one of the industry's biggest players. ... [Read full article on BBC ]
Wednesday 29th of March 2017 11:00:24 PM
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Latest Finance News related to Sotheby

Pink Star diamond sets new world record in Hong Kong image
Source : BBC [Read Article] Tuesday 4th of April 2017 12:28:09 PM
....The oval-shaped 59. 6 carat stone was bought after just five minutes' bidding at Sotheby's, reports said. ...
Wine detective image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:00:24 PM
....The wines most often targeted by counterfeiters are those from the top producers in the French wine regions of Bordeaux and Burgundy, especially from highly coveted older vintages, stocks of which are now limited. These wines are typically sold by auction, and auction house Sotheby's is one of the industry's biggest players. ...
Andy Warhol portrait of Mao goes on auction in Hong Kong image
Source : BBC [Read Article] Friday 17th of March 2017 05:33:27 AM
....6m ($9. 4m) and the current owner, who is not identified, has now put it up for sale with Sotheby's in Hong Kong, with the auction expected on 2 April. ...
Creative retirement image
Source : BBC [Read Article] Friday 3rd of March 2017 09:24:42 PM
.... The group will participate in a second auction in London on 12 April. From APT's perspective, this first sale at Sotheby's New York was a success. ...
Never-before-heard Bernie Madoff tapes reveal details of ruinous Ponzi scheme image
....Set dressing was also important: on the credenza behind his desk, Madoff displayed a sculpture by the renowned artist Claes Oldenburg of a giant black screw, listing a little to one side. The 1976 sculpture, called Soft Screw, drew nearly $50,000 at Sotheby’s when Madoff’s assets were sold off after his disgrace. ...
Gustav Mahler £4.5m manuscript breaks record at Sotheby's image
Source : BBC [Read Article] Tuesday 29th of November 2016 11:57:13 AM
....The composer's Second Symphony, which spans 232 pages, fetched £4. 5m at Sotheby's on Tuesday morning. ...
Homebuyers wobble in wake of Brexit vote image
Source : Guardian [Read Article] Saturday 25th of June 2016 09:23:40 AM
....In London’s ultra-prime market, some agents were almost jubilant, saying that the pound’s steep fall against the dollar would bring international buyers to London. Robin Paterson of Sotheby’s International Realty, which has a £22m Belgravia 7-bed home among the properties it is currently marketing, said: “The UK’s decision to leave the EU is an historic event and we should embrace this whole heartedly. ...
House price fall could follow Brexit, say experts image
Source : Guardian [Read Article] Friday 24th of June 2016 06:25:16 AM
....”. At Sotheby’s International Realty, which deals with the ultra-wealthy, joint chairman Robin Paterson said the property market “should embrace this wholeheartedly”. ...
VIDEO: China's 'important' seal fetches $10m image
Source : BBC [Read Article] Wednesday 6th of April 2016 01:13:10 AM
....4m (£7. 4m) at a Sotheby's auction in Hong Kong. ...
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World art market stalls for first time in years image
Source : Guardian [Read Article] Thursday 10th of March 2016 06:49:54 PM
....5bn. Oliver Barker, senior specialist on contemporary art at Sotheby’s, said: “I think the headline story is slightly misleading – this is not a time of all bad news in the market. ...
World's super rich keep buying up luxury goods in face of wealth decline image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 12:01:07 AM
.... A Hong Kong-based billionaire set a record for a gem or piece of jewellery when he paid $48. 4m for the Blue Moon, a rare fancy vivid blue diamond auctioned by Sotheby’s in Geneva in November. ...
How London's bridges became property's must-have image
Source : Telegraph [Read Article] Sunday 21st of February 2016 04:58:14 PM
.... Other agents have high hopes for the future pedestrian Garden Bridge’s impact on property values. Michelle Van Vuuren, UK Sotheby’s International Realty’s managing director, said it could be a game-changer for the “midtown” area around Temple that is seeing new luxury developments including 190 The Strand. ...
Five-star homes with room service and hotel luxury on tap on the rise image
Source : Telegraph [Read Article] Friday 29th of January 2016 09:32:19 AM
.... . Simon Tollit, director of central London sales at Sotheby’s International Realty says: “London now has dozens and dozens of developments offering five star hotel services which very wealthy people are willing to pay for. ...
Sotheby's to bring earnings back to US image
Source : BBC [Read Article] Friday 22nd of January 2016 02:46:58 PM
. New York-based auction house Sotheby's is to bring overseas earnings back to the US, a move which will contribute to the firm reporting a quarterly loss. ...
Is the art market cooling down? image
Source : BBC [Read Article] Wednesday 30th of December 2015 11:55:27 PM
. It is a rainy December evening in London and Sotheby's is holding one of its last major auctions of 2015 - a sale of works by Old Masters from the Renaissance era and works by British artists such as John Constable and Joseph Wright of Derby. ...
Internet auctioneer Catawiki launches in UK to capture biggest collectibles market image
...." . He said that Catawiki is "not specifically going after Christie’s or Sotheby's" but added that the company's average lot value is "going up all the time" and customers are increasingly willing to bid on higher end items. ...
Second largest gem quality diamond ever found recovered in Botswana image
Source : Telegraph [Read Article] Thursday 19th of November 2015 09:00:35 PM
.... Last week, Hong Kong's sixth richest man Joseph Lau paid 48. 6 million Swiss francs (£32 million) at Sotheby’s in Geneva for a 12. ...
World's second-biggest diamond found image
Source : BBC [Read Article] Thursday 19th of November 2015 10:46:37 AM
....1m (£14. 8m) at Sotheby's in New York. ...
The £8.2m Michelangelo-designed villa inspiring luxury decor in London image
Source : Telegraph [Read Article] Friday 30th of October 2015 07:18:30 AM
....1m, 9th century property, fit for a king (or several) . “It’s an enchanting property,” says John Jonk, Florence’s agent for Sotheby’s International Realty, which is selling the villa for €11. ...
The US billionaire who got two Picassos for the price of one image
Source : Telegraph [Read Article] Friday 9th of October 2015 04:30:30 PM
.... He turned it over and painted La Gommeuse (The Nightclub Singer) in 1901, now considered one of his great masterpieces. It is being offered at Sotheby’s in New York, complete with the Manach portrait, for an estimated $60 million (£39 million). ...
The $28m diamond as big as a pound coin image
Source : BBC [Read Article] Friday 25th of September 2015 01:29:32 PM
.... . In 2013, Sotheby's sold the world's largest fancy pink diamond, the 59. ...
VIDEO: Sotheby's opens Indian office image
Source : BBC [Read Article] Friday 18th of September 2015 03:14:07 PM
. It's only recently that the world's two biggest art auctioneers Christies and Sotheby's have begun focussing on India, but you can see why. ...
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Billionaire toys: the race of the super garages   image
Source : Telegraph [Read Article] Saturday 12th of September 2015 04:00:53 AM
.... Prize exhibit: a Knightsbridge town house turns the car into a focal point. “We have also seen a huge growth in the number of highly bespoke mechanics being called in by concierge services,” says Michelle Van Vuuren, managing director of Sotheby’s International Realty. ...
China's rich seek shelter from stock market storm in foreign property image
....Related: China’s stock market crash is a problem for the whole world | Isabel Hilton. “A lot of high-net-worth individuals had already taken money out of the stock market because it was getting just too hot,” Pallier, the principal of Sydney Sotheby’s International Realty, said. ...
Surreal estate: Johnny Depp's Provençal estate up for sale image
Source : Guardian [Read Article] Tuesday 23rd of June 2015 11:14:14 AM
....Other amenities include a hunter’s cabin; a painter’s studio where Depp created many of his artworks; a large swimming pool with its own beach bar; landscaped gardens; and an elaborate skate park. Selling off the entire estate, together with much of its contents, is Depp’s way of closing that chapter of his life and moving on, according to Alexander Kraft, head of the sales agent Sotheby’s International Realty France. ...
Battle of Waterloo: the artefacts that make the best investments image
Source : Telegraph [Read Article] Saturday 20th of June 2015 06:42:37 AM
.... The latter sold earlier this month for £150 at West Country auctioneers Cottees. And at Sotheby’s next month a watercolour by Turner, The Field of Waterloo, goes on sale with an estimate of £150,000-£250,000. ...
Neverland ranch goes up for sale image
Source : BBC [Read Article] Friday 29th of May 2015 07:30:41 AM
....The property is now called Sycamore Valley Ranch and has undergone extensive redevelopment since Jackson's death in 2009. The 2,800 acre (1,100 hectare) site, at 5225 Figueroa Mountain Road, is now being sold jointly by Sotheby's and Hilton & Hyland. ...
China is risking an economic art attack  image
Source : Telegraph [Read Article] Tuesday 12th of May 2015 07:45:21 PM
.... The sale of Claude Monet’s Bassin aux nymphéas, les rosiers for $20. 4m by Sotheby’s on May 5 is more instructive. ...
Picasso work smashes auction record image
Source : BBC [Read Article] Tuesday 12th of May 2015 12:12:04 AM
.... . "I don't think we've ever seen a sale as important as this in Christie's and Sotheby's in my 25 years of working in the art world. ...
Election 2015: Beware taking on the predators … and the property market image
.... With the shadow of a Labour victory lifted, their high-rolling clients, freed from the threat of the mansion tax, or loss of non-domiciled tax status, apparently got straight on the phone on Friday morning to sort out a few weekend property viewings. “It is going to be an exciting time to be in the London market over the summer!” gushed Sotheby’s Michelle van Vuuren. ...
International investors rush back into UK property market image
Source : Guardian [Read Article] Friday 8th of May 2015 09:54:13 AM
....Estate agents were reporting calls from buyers at the top end of the property market, as the Conservatives’ shock election win lifted fears of a mansion tax on £2m-plus homes. “We are already taking calls from international buyers who want to get back into the market,” said Michelle van Vuuren, managing director of residential development at Sotheby’s International Realty UK. ...
Election 2015: Cameron victory sees house price boom on the horizon as estate agents predict
....Sotherby’s said it was already taking calls from international buyers who want to get back into the market. "It is going to be an exciting time to be in the London market over the summer!" said Michelle van Vuuren, managing director of residential development at Sotheby’s International Realty UK. ...
Bidders line up for the £75m Wayne Rooney holiday spot image
Source : Telegraph [Read Article] Thursday 7th of May 2015 10:29:37 AM
.... • Picture gallery: £1m homes around the world for the price of a one-bed flat in London . Robin Paterson, chairman of Sotheby's International Realty UK, which is selling the luxurious estate, said: "Interest for Royal Westmoreland has come from the UK, USA and Japan. ...
Beware the risks before investing in the booming art market  image
Source : Telegraph [Read Article] Monday 13th of April 2015 06:00:40 AM
.... These works are in increasing demand (see graph right) as the ultra-high-net-worth section of the Chinese population expands, the Coutts Index found. A decade ago, Asia accounted for just 5pc of Sotheby’s global art sales, but in 2013, it accounted for a third. ...
Sotheby's find the man to restore reputation - Madison Square Gardens' Tad Smith image
. The auction house Sotheby’s has finally found a replacement for its long-time chief executive, William Ruprecht, who led the company for almost 15 years prior to his resignation in November. ...
Sotheby’s appoints Madison Square Garden’s Tad Smith as chief executive image
...
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Sotheby's facing second battle with activist investor image
Source : Telegraph [Read Article] Friday 20th of February 2015 11:52:51 PM
. Sotheby’s is facing its second battle with an activist investor in just a year after Marcato Capital Management called on the auction house to buy back $500m-worth of shares and replace chief financial officer Patrick McClymont. ...
Flawless 100-carat diamond goes on display in London image
Source : Telegraph [Read Article] Saturday 14th of February 2015 03:03:50 PM
.... . Considered to be internally flawless in appearance, the 100-carat, emerald-cut gemstone was in London for a one-day viewing, before Valentine's weekend, in Sotheby's New Bond Street gallery. ...
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Investing in wine: seven things you need to know image
Source : Telegraph [Read Article] Thursday 1st of January 2015 07:00:48 AM
.... Wondering how best to invest that £10,000 – or more – you have spare? Fine wine boasts one of the best performing asset classes of the last 20 years. And with the most expensive lot of wine ever sold going under the hammer in October (at a Sotheby’s auction in Hong Kong 114 bottles of Romanée-Conti Burgundy went for £1,035,000 – around £9,800 a bottle), buying high-end cases could be the answer to a luxurious early retirement. ...
Source : Independent [Read Article] Friday 19th of December 2014 11:59:01 PM
....Among the tips I passed on was to own up to your mistakes, don’t run away from them. I related the tale of how I once was at a reception at Sotheby’s, in a group with the auction house’s chairman. ...
Winnie the Pooh drawing fetches £314,500 at auction image
Source : BBC [Read Article] Tuesday 9th of December 2014 06:03:23 PM
....The illustration, which featured in AA Milne's second book, The House At Pooh Corner, had been in a private collection since the 1970s. It formed part of Sotheby's sale of children's books. ...
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Stamp duty: House price boom and mansion bust image
Source : Telegraph [Read Article] Saturday 6th of December 2014 08:00:57 PM
.... “Most people in this sector don’t even know what stamp duty is. For the super-rich the word “stamps” are rare postage items they get their art curators to buy for them for their collection from places like Sotheby’s and Christie’s, not a word they associate with property,” he added. ...
Christies CEO Stephen Murphy in surprise departure image
Source : Telegraph [Read Article] Tuesday 2nd of December 2014 10:49:29 PM
. Christie’s chief executive Steven Murphy has said he is leaving the auction house, just 10 days after rival Sotheby’s announced its chief executive was stepping down. ...
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Gemfields unearths 40-carat ruby in Mozambique image
Source : Telegraph [Read Article] Tuesday 25th of November 2014 01:04:16 PM
...." . The coloured gemstone market has seen new world records - on a per carat basis - achieved by both sapphires and rubies at recent auctions held by Sotheby's in Hong Kong and Geneva respectively. ...
Sotheby's chief executive steps down after 14 years image
Source : BBC [Read Article] Friday 21st of November 2014 01:14:16 AM
. The chief executive of renowned auction house Sotheby's, William Ruprecht, is stepping down after 14 years in the role. ...
Why contemporary art keeps breaking records image
Source : Telegraph [Read Article] Thursday 13th of November 2014 07:14:54 PM
.... Christie’s record $853 million dollar (£536 million) contemporary art sale in New York on Wednesday night is another stage in an upward curve that has been rising almost continuously since the 1990 economic recession, with a short interlude for the credit crunch in 2008/09. To give an idea of the rate of expansion, a week of contemporary art sales in New York held by Christie’s and Sotheby’s in May 2009 during the crunch made 213 million dollars. ...
Rare pink diamonds are ‘safe haven’ investment for super-rich image
Source : Telegraph [Read Article] Saturday 8th of November 2014 08:16:09 PM
.... The Graff Pink, a rare 24. 78 carats fancy intense pink diamond, was sold by Sotheby’s Geneva for £30m in November 2010, setting a world auction record for any diamond or any jewel. ...
Roger Law: 'I got £600 a week for Spitting Image'  image
Source : Telegraph [Read Article] Sunday 26th of October 2014 08:11:30 AM
.... The puppets sold for up to £13,000 . How lucrative was the Sotheby’s sale when all the Spitting Image puppets were auctioned? . ...
EBay starts live auction site image
Source : Telegraph [Read Article] Tuesday 7th of October 2014 09:49:30 AM
.... . The partnership with Sotheby's and other companies is aimed at improving its revenue. ...
Even the biggest firms are often powerless against activist investors image
Source : Telegraph [Read Article] Tuesday 30th of September 2014 11:15:56 PM
.... . A handful of chief executives manage to ward off the attacks by these billionaires: Michael Dell took his eponymous computer company private despite the best efforts of Mr Icahn, while Sotheby’s struck a compromise agreement with Mr Loeb, by stacking its board with executives from his Third Point hedge fund without firing the existing management. ...
.... For the first time, around 20 of the top chief executives and chairmen from Iran’s private companies will come over to talk about the opportunities and markets. And from the West, keynote speakers include WPP’s Sir Martin Sorrell, the former foreign secretary Jack Straw and representatives from Sotheby’s, Renaissance Capital and the World Bank, not to mention the Tate Modern art gallery. ...
Chinese move into luxury Manhattan property image
Source : BBC [Read Article] Monday 25th of August 2014 02:41:30 PM
....The real estate sector in New York is scrambling to court buyers like Ms Liu and her peers. "We are becoming very, very focused on our Asian neighbour," says Nikki Field, a senior estate agent at Sotheby's International Realty. ...
Who is Marcato? The activist pushing for a sale of InterContinental Hotels image
.... Mr McGuire's notable actions to date include: . * Joining forces with Dan Loeb in a campaign against auction house Sotheby's, supporting Third Point's nomination for board seats . ...
Christie’s and Sotheby’s enjoy record sales  image
Source : Telegraph [Read Article] Wednesday 16th of July 2014 03:25:26 PM
. Renowned auction houses Christie’s and Sotheby’s have reported record growth in sales for the first half of 2014. ...
Sotheby's and eBay team up to stream high-end auctions online image
Source : Guardian [Read Article] Monday 14th of July 2014 05:07:34 PM
. Ebay and Sotheby’s are partnering to stream high-end auctions online, the firms announced on Monday. ...
Sotheby's and eBay join to offer online auctions image
Source : BBC [Read Article] Monday 14th of July 2014 04:31:15 PM
. International art auction house Sotheby's and online marketplace eBay will create a web platform to allow viewers to bid on and buy art. ...
Small Talk: Small businesses struggle to get paid – and too often the culprits are big businesses and councils image
.... The material is a key ingredient in many fertilisers, but is currently almost entirely imported into the country. “We launched the business in 2009 with the help of investment from two of the Dragon’s Den panellists – the pitch was based on the 13 years I had spent running the furniture department at Sotheby’s, where I’d come to the conclusion that many people felt intimidated by the big auction houses but didn’t know where else to get an independent valuation of their goods. ...
CEOs can no longer do nothing - activist investors won't let them image
Source : Telegraph [Read Article] Wednesday 18th of June 2014 07:55:32 PM
.... . Meanwhile, when Loeb turned his sights on Sotheby’s, the auction house, it launched a vicious counter-attack, questioning his motives and undermining his reputation. ...
'Exceptional' blue diamond found could be worth £50m when cut image
Source : Telegraph [Read Article] Friday 13th of June 2014 04:20:30 PM
.... . But auction house Sotheby’s was forced to buy back the flawless diamond earlier this year after the buyer defaulted on the payment. ...
'£400' painting to sell for £500,000: could you have cash in the attic? image
Source : Telegraph [Read Article] Wednesday 11th of June 2014 07:48:41 AM
.... . Some other famous finds featured on the US version of the television show include a card table bought at an American yard sale for $25, and sold for over half a million dollars at Sotheby's after it was discovered to be a rare 18th century piece. ...
Fast money: the battle against the high frequency traders image
Source : Guardian [Read Article] Saturday 7th of June 2014 08:00:00 AM
....News programmes spat theories ranging from Eurozone fears, slack monetary policy and collective memories of 2008, to Cramer's "broken machines" notion or a "fat finger" incident, in which some hapless trader typed "billion" instead of "million" and spooked the herd. None of which rang true, because who would sell Accenture or CenterPoint Energy – solid companies then trading at around $40 and $13 per share – at 5 cents? Or, albeit fleetingly, price Apple (then around $250) and Sotheby's (around $35) at $100,000 a share? Then, Reuters ran a leaked report that at 2. ...
Modigliani's art: reaping the rewards of investment image
Source : Telegraph [Read Article] Wednesday 4th of June 2014 10:35:55 AM
.... What investment could gain you $52m (£31m) in just over a decade? How about a piece of art? . Bloomberg looked at a portrait by Italian artist Amedeo Clemente Modigliani that goes into auction on Wednesday at Sotheby's, Paris. ...
African art: a good investment? image
Source : Telegraph [Read Article] Tuesday 20th of May 2014 07:41:27 AM
.... Now pieces from those original collections are coming to the market, Mr Reeves said, as the original owners’ descendants sell their inherited pieces. A piece known as Baga Serpent on sale in Sotheby’s New York in 2008 was expected to fetch a low six-figure sum but sold for $3. ...
Just Eat takeaway orders up 51pc as customers avoid wet winter image
Source : Telegraph [Read Article] Tuesday 6th of May 2014 11:12:20 AM
.... Sainsbury’s looks to steer clear of the Moyes curse . Sotheby's reaches truce with Dan Loeb . ...
Loeb wins war with Sotheby’s to claim three seats on board image
Source : Independent [Read Article] Tuesday 6th of May 2014 07:16:36 AM
. US activist investor Dan Loeb chalked up a stunning victory over auction house Sotheby’s yesterday after winning a seat for himself and two allies on the board. ...
Sotheby's reaches truce with Dan Loeb image
Source : Telegraph [Read Article] Monday 5th of May 2014 08:22:22 PM
. Sotheby's has reached a truce with Dan Loeb, the billionaire activist investor who has spent the last seven months lobbying for a radical shake-up at the auction house. ...
Activist hedge funds target Europe amid increasing power image
Source : Telegraph [Read Article] Tuesday 22nd of April 2014 05:00:48 AM
.... Bwin investor questions chairman role for Yea . Sotheby's hits back at activist investor Dan Loeb . ...
European companies need to prepare for a wave of activist campaigning image
Source : Telegraph [Read Article] Tuesday 22nd of April 2014 05:00:40 AM
.... Bwin investor questions chairman role for Yea . Sotheby's hits back at activist investor Dan Loeb . ...
Daniel Loeb claims Sotheby's 'record' is misleading image
Source : Independent [Read Article] Wednesday 16th of April 2014 02:42:42 PM
. Activist investor Daniel Loeb took another swipe at Sotheby’s this week and claimed attacks on him are “false” and “misleading”. ...
Property news roundup: Why do so many home sales fall through? image
Source : Independent [Read Article] Wednesday 16th of April 2014 10:00:02 AM
.... home for sale . Built by property developer Eddie Mitchell and inspired by the home of International Rescue on Tracy Island, 'Thunderbird' in Poole's Branksome Park area is on the market with Sotheby's at a guide price of £2,950,000. ...
Sotheby's looks to bring the hammer down on Dan Loeb image
Source : Independent [Read Article] Wednesday 9th of April 2014 11:00:00 PM
....When the US hedge fund star Dan Loeb started out as an activist investor he waged war in online chatrooms under the alias Mr Pink, one of the mobsters in Quentin Tarantino's film Reservoir Dogs. The billionaire's targets may now be huge companies such as Sotheby's, Apple and Yahoo, but his public attacks on underperforming companies,usually in acerbic letters to their managers, are no less violent. ...
Sotheby's hits back at activist investor Dan Loeb image
Source : Telegraph [Read Article] Wednesday 9th of April 2014 06:41:49 PM
. Sotheby's, the auction house, has launched a blistering attack on activist investor Dan Loeb, shredding his track record as a board director and accusing him of “greenmailing” companies for his own advantage. ...

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