Auction Roundup: April 2013

Thursday, April 18, 2013

04/18/13 Comprehensive Real-Time News Feed for Auctions.

Works by artist Basquiat to appear at NYC exhibit _{2013-04-18, 03:25 pm}
This undated photo provided by Sotheby's shows "Love Dub for A," by Brooklyn-born artist Jean-Michel Basquiat who was was 27 when he died in 1988.
Works by artist Basquiat to appear at NYC exhibit _{2013-04-18, 01:16 pm}
More than 30 works by artist Jean-Michel Basquiat will appear at a New York City exhibit before a private sale.
Nizam of Hyderabad's 'Princie' Pink Diamond sells for nearly $40 million _{2013-04-18, 11:23 am}
Diamonds are a woman's best friend, but they also are highly cherished item amongst jewelry collectors, as we noticed recently.
Rare blue diamond found in S Africa _{2013-04-18, 11:09 am}
The 25.5-carat stone was recovered by Petra Diamonds at its Cullinan mine and is expected to bring large profits.
Rotarians' first peek at birdy _{2013-04-18, 09:40 am}
SIGNIFICANT DONATION: Dr Rob Sharp, right, with Rotary members Phil Penman, Helen Tickle and Narelle Langfield.
Bay Psalm Book: First Book Ever Printed in US to be Sold in Sotheby's Auction _{2013-04-18, 06:18 am}
The first book ever to be printed in the US could fetch up to $30m when it is sold at auction later this year for the first time since 1947.
World's most EXPENSIVE jewels sold at auctions _{2013-04-18, 04:40 am}
An extraordinary 34-carat 'Princie' diamond from the mines of Golconda in South India, once owned by the world's richest man - the last Nizam of Hyderabad - fetched a whopping $39 million at an auction.
Whose $40 Million Diamond Is It? _{2013-04-18, 03:45 am}
The beautiful pink 'Princie' diamond just fetched a record haul at Christie's. The only problem: a squabbling clan of Italians who claim the gem is theirs.
Tuned in _{2013-04-18, 01:34 am}
Jamie Bernstein was hoping for harmony. It was 2000, and the concert narrator and broadcaster, who's the daughter of composer/conductor Leonard Bernstein, had just separated from her husband and was looking for an apartment.
74-Carat Diamond Sells For A Record $14.1 Million _{2013-04-18, 01:32 am}
A 74.79-carat, pear-shaped diamond fetched more than $14.1 million at Sotheby' s Magnificent Jewels sale Wednesday, setting an auction record for any white diamond sold in the Americas.
Art detectives trace Nazi confiscations _{2013-04-17, 12:02 pm}
They've been hot on the trail of works by Dix, Kollwitz and Marc. For years, experts and students have been solving the mysteries behind artworks confiscated by the Nazis and have created a one-of-a-kind database.
Petra Diamonds announces recovery of a 25.5 carat blue diamond at Cullinan mine in South Africa_{2013-04-18, 12:32 am}
Petra Diamonds Limited announces the recovery of a 25.5 carat blue diamond at the Cullinan mine in South Africa.
Roy Carroll to appear on 'Katie' talk show today _{2013-04-18, 12:10 am}
Curious about how a piece of abstract art originally purchased for $9.99 at an Oak Ridge Goodwill store ended up hanging in the lobby of the Center Pointe high-rise tower in downtown Greensboro? Then tune in to Fox 8 at 11 a.m. today to hear Greensboro developer Roy Carroll discuss the story with Katie Couric on her eponymous talk show.
Petra Recovers 26-Ct. Blue Diamond at Cullinan _{2013-04-17, 11:12 pm}
Petra Diamonds recovered a high-quality top color 25.50-carat blue diamond from its Cullinan mine in South Africa.
Market Report: Oils slide as Tullow team draws a blank _{2013-04-17, 11:07 pm}
Laura Chesters is digital, consumer and luxury goods reporter at The London Evening Standard, i, The Independent and The Independent on Sunday.
Letter Facilitating Zionism to Be Sold at Auction _{2013-04-17, 03:11 pm}
A letter written in prison by Alfred Dreyfus, the Jewish officer in the French army who was falsely accused of high treason, is to be sold at auction in Paris.
Weatherly International, Petra Diamonds, Ormonde Mining news briefs _{2013-04-17, 11:58 am}
Weatherly International announced its March quarterly production figures. Third quarter production from Central Operations was 67,833 tonnes of ore containing 4,948t of copper concentrate, for copper production of 1,142t of copper metal, a decrease in production over the previous quarter due to a series of one-off events at the underground ... (more)
Letter sent by Alfred Dreyfus after false conviction for treason set for auction in Paris _{2013-04-17, 01:08 pm}
A letter written in prison by Alfred Dreyfus, the Jewish army captain whose dismissal more than a century ago on trumped-up charges of spying triggered a protracted national crisis in France, is to be sold at auction in Paris.
Agents Descend on a New YorkGallery, Charging Its Owner _{2013-04-17, 12:41 pm}
... But for those who trade in multimillion-dollar paintings, they have long been a major presence at the premier auctions held every spring and fall at Sotheby's and Christie's, where they often descend, wives and children included, and have been known ...
Rare Indian Princie Diamond sold for $39m at NYC auction _{2013-04-17, 11:45 am}
London, Apr 17 : One of the largest pink diamonds in the world has fetched more than 39.3 million dollars at an auction in New York.

Tuesday, April 9, 2013

New auction record set for Kangxi porcelain

A ruby-ground falangcai bowl made during the reign of Qing Emperor Kangxi fetched HK$74 million at the Sotheby's spring sales auction in Hong Kong on April 8, setting a world auction record for Kangxi porcelain.

http://usa.chinadaily.com.cn/china/2013-04/09/content_16387109.htm

Christie's gains beachhead in fast-growing China art market with new licence

... would significantly boost the mainland art business. Previously, Christie's often hosted China and Asia-related auctions in Hong Kong, and mainland Chinese had to travel to the city to take part. "Chinese collectors, especially those new to the art ...

http://www.scmp.com/business/companies/article/1210758/christies-gains-beachhead-fast-growing-china-art-market-new

Red Imperial Chinese Qing Bowl Sells for $9.5 Million

Chinese Imperial art pieces seem to be the hottest selling items on the auction block these days.

http://www.bornrich.com/red-imperial-chinese-qing-bowl-sells-95-million.html

Russian Press at a Glance, Tuesday, April 9, 2013

Margaret Thatcher, UK's first female prime minister who held her post for a record 11 years , died on Monday.

http://en.rian.ru/papers/20130409/180528364.html

Russian markets - Factors to Watch on April 9

ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.

http://www.theglobeandmail.com/try-it-now/try-it-now-rob-insight/?contentRedirect=true&articleId=10930242

Monday, April 8, 2013

Sotheby's London to offer important and rarely seen View of Avignon by Claude-Joseph Vernet

A gallery assistant poses looking at the painting "View of Avignon from the right bank of the Rhone" by 18th century French artist Claude-Joseph Vernet at Sotheby's auction house in London, where it is estimated to fetch 3 - 5 million GBP in a forthcoming sale.

http://artdaily.com/index.asp?int_sec=2&int_new=61810

Emir's Mercedes F1 Racer May Top $15 Million, Boosted by Fangio: Art Buzz

... at the Xiamen Free Port in Fujian province on April 21. The event will be conducted by the Chinese company Huachen Auctions Co. Ltd. and will be promoted by EpaiLive Auction Co. Ltd., the country's only online live bidding portal, Triple-A said. ...

http://www.bloomberg.com/news/2013-04-08/emir-s-mercedes-may-top-15-million-boosted-by-fangio.html

Painter Bacon's portrait of lover to be auctioned in New York

Francis Bacon's ''Study for Portrait of PL 1962,'' an oil on canvas, is seen in an undated handout photo from Sotheby's. The painting is expected to sell for $30 million to $40 million when it auctioned at Sotheby's New York on May 14.

http://www.reuters.com/article/2013/04/08/us-art-auction-bacon-idUSBRE93711120130408?feedType=RSS&feedName=artsNews

Francis Bacon's portrait of lover expected to fetch up to $40M

A 1962 painting by artist Francis Bacon of his lover Peter Lacy is expected to sell for as much as $40 million when it is auctioned in New York next month, Sotheby's said on Monday.

http://www.lfpress.com/2013/04/08/francis-bacons-portrait-of-lover-expected-to-fetch-up-to-40m

Billionaire Tamir Sapir Failed To Notice Theft Of $200,000 Silver...

Billionaire cabbie-turned-real-estate mogul Tamir Sapir was recently the victim of theft at his $20 million Long Island mansion after a construction worker allegedly stole stole four antique silver champagne buckets worth $200,000, according to Newsday .

http://observer.com/2013/04/billionaire-tamir-sapir-failed-to-notice-theft-of-200000-silver-champagne-buckets-from-his-long-island-mansion/

Imperial Chinese Bowl Brings $9 Million Record Price

A security guard walks past a poster of a ruby-ground falangcai "Double-Lotus" bowl from China's Kangxi period, during Sotheby's preview in Hong Kong, April 2, 2013.

http://www.voanews.com/content/imperial-chinese-kangxi-bowl-record-sale-sothebys-reuters/1637318.html

Chinese bowl sells for a record US$9 million

A red bowl with a lotus pattern broke the world record for Chinese Kangxi ceramics on Monday, fetching over US$9 million after a bidding war won by a Hong Kong ceramics dealer at the last day of spring sales for global auctioneer Sotheby's. The five days of sales in wine, jewelry, Asian and Chinese art, ceramics and watches, an indicator of China's ... (more)

http://www.chinapost.com.tw/art/arts/2013/04/09/375492/Chinese-bowl.htm

Bull Of The Day: Moody's

While it's true that headlines can quickly and sometimes violently affect stock prices, they can also create exceptional opportunities; Moody's might just be the perfect example of a positive opportunity.

http://seekingalpha.com/article/1327501-bull-of-the-day-moody-s?source=feed

Record-breaking imperial Chinese bowl shines at Hong Kong sale

A red bowl with a lotus pattern broke the world record for Chinese Kangxi ceramics on Monday, fetching over $9 million after a bidding war won by a Hong Kong ceramics dealer at the last day of spring sales for global auctioneer Sotheby's. The five days of sales in wine, jewelry, Asian and Chinese art, ceramics and watches, an indicator of China's ... (more)

http://www.broadcastnewsroom.com/articles/viewarticle.jsp?id=2538952&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Bn-BroadcastNewsroom-news+%28Broadcast+Industry+News%29

Patek Philippe Clock, El Bulli Wines Raise $281 Million

... for a clock made by the Swiss timepiece maker. Compared with two years ago, when catalogs were fatter, this week's auctions in Hong Kong were more modest affairs, dealers said. In the 2011 spring sale, Sotheby's raised HK$3.5 billion with fees and ...

http://mobile.bloomberg.com/news/2013-04-08/patek-philippe-clock-sells-for-record-2-3-million-in-hong-kong.html?

Chef's 'La Bullipedia' project underway

From foie gras noodles and liquid olives to air baguettes and mimetic peanuts, much of what elBulli chef Ferran Adria and his team created in their nearly 2 000 dishes defies transcription.

http://www.iol.co.za/scitech/technology/internet/chef-s-la-bullipedia-project-underway-1.1497086

Bull of the Day: Moody's (MCO) - Bull of the Day

This incredible material is stronger than steel and lighter than a feather. It's going to have a pervasive impact on the U.S. economy - and the entire human race - by the end of this decade.

http://moneymorning.com/2013/04/08/bull-of-the-day-moodys-mco-bull-of-the-day/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+USMoneyMorning+%28Money+Morning%29

Record-breaking imperial Chinese bowl shines at Hong Kong sale

A red bowl with a lotus pattern broke the world record for Chinese Kangxi ceramics on Monday, fetching over US$9 million after a bidding war won by a Hong Kong ceramics dealer at the last day of spring sales for global auctioneer Sotheby's. The five days of sales in wine, jewellery, Asian and Chinese art, ceramics and watches, an indicator of ... (more)

http://www.straitstimes.com/breaking-news/money/story/record-breaking-imperial-chinese-bowl-shines-hong-kong-sale-20130408

Sotheby's to ask $30M-$40M for Francis Bacon painting, WSJ reports

Sotheby's to ask $30M-$40M for Francis Bacon painting, WSJ reports Sotheby's plans to ask $30M to $40M for a Francis Bacon painting, "Study for a Portrait of P.L.," during its major spring sales in New York next month, a sign that the art market is rebounding, reports the Wall Street Journal.

http://www.theflyonthewall.com/permalinks/entry.php/BIDid1811175/BID-Sothebys-to-ask-MM-for-Francis-Bacon-painting-WSJ-reports

Record-breaking imperial Chinese bowl shines at Ho...

A red bowl with a lotus pattern broke the world record for Chinese Kangxi ceramics on Monday, fetching over $9 million after a bidding war won by a Hong Kong ceramics dealer at the last day of spring sales for global auctioneer Sotheby's. The five days of sales in wine, jewelry, Asian and Chinese art, ceramics and watches, an indicator of China's ... (more)

http://rock947.com/news/articles/2013/apr/08/record-breaking-imperial-chinese-bowl-shines-at-hong-kong-sale/

The Auction Room , the UK's only exclusively online fine art auction house which launched last month, will hold their inaugural sale of Middle Eastern Contemporary Art on June 24 2013 with a London exhibition - offering collectors in the capital the exclusive opportunity to view the works in person before being offered on the international internet ... (more)

http://www.artdaily.com/index.asp?int_sec=2&int_new=61790

Sunday, April 7, 2013

Patek Philippe Clock Auctions for Record $2.3 Million

A clock made of diamonds, rubies, sapphires and gold sold for HK$18.04 million at Sotheby's , the most ever paid for a Patek Philippe clock at auction.

http://www.bloomberg.com/news/2013-04-08/patek-philippe-clock-sells-for-record-2-3-million-in-hong-kong.html

Sotheby's Signals Art Market's Return

Sotheby's plans to ask $30 million to $40 million for a Francis Bacon painting from 1962, a sign of the art market's recovery.

http://www.wrko.com/content/sothebys-signals-art-markets-return

'World's greatest' chef Adria seeks digital legacy

From foie gras noodles and liquid olives to air baguettes and mimetic peanuts, much of what elBulli chef Ferran Adria and his team created across their nearly 2,000 dishes defies transcription.

http://www.chinapost.com.tw/art/lifestyle/2013/04/08/375420/Worlds-greatest.htm

'World's greatest chef' building massive recipe and gastronomic database

From foie gras noodles and liquid olives to air baguettes and mimetic peanuts, much of what elBulli chef Ferran Adria and his team created across their nearly 2,000 dishes defies transcription.

http://www.rawstory.com/rs/2013/04/07/worlds-greatest-chef-building-massive-recipe-and-gastronomic-database/

World's greatest' chef Ferran Adria seeks digital legacy

'World's greatest' chef Adria seeks...

From foie gras noodles and liquid olives to air baguettes and mimetic peanuts, much of what elBulli chef Ferran Adria and his team created across their nearly 2,000 dishes defies transcription.

http://lifestyle.xin.msn.com/en/beauty-fashion/worlds-greatest-chef-adria-seeks-digital-legacy-2

Ai Weiwei's provocative artwork comes to Des Moines

The 560 pounds of sunflower seeds at the Des Moines Art Center wouldn't do much if you planted them in the ground.

http://www.desmoinesregister.com/needlogin?type=login&redirecturl=http%3A%2F%2Fwww.desmoinesregister.com%2Fapps%2Fpbcs.dll%2Farticle%3FAID%3D2013304070021%26nclick_check%3D1

Saturday, April 6, 2013

Chinese masterworks fetch HK$202m

Aficionados of 20th century Chinese art were out in force yesterday, spending HK$202 million on a variety of works sourced from around the globe at a Hong Kong auction.

http://www.scmp.com/news/hong-kong/article/1208840/chinese-masterworks-fetch-hk202m

Man Charged With Stealing 4 $50,000 Ice Buckets From L.I. Employer

Police arrested a Brooklyn man late Friday, after he allegedly stole four antique ice buckets valued at a grand total of $200,000 from his employer's home on Long Island.

http://newyork.cbslocal.com/2013/04/06/man-charged-with-stealing-4-50000-ice-buckets-from-l-i-employer/

Brooklyn man charged with stealing antique ice buckets from LI's Gold Coast

A Brooklyn man faces charges that he stole four antique, silver-gilded ice buckets worth $200,000 from a home on Long Island's Gold Coast.

http://www.nypost.com/p/news/local/brooklyn_coast_charged_with_selling_ERpeZ3wl7UIbTfbPG1qBhP?

Cops: Kings Point house employee stole, attempted to sell $200K ice buckets

A Brooklyn man was arrested Friday night on felony grand larceny charges accused of stealing ice buckets valued around $200,000 from the Kings Point home that he works at and then trying to sell the items at a Manhattan auction house, Nassau County police said.

http://www.examiner.com/article/cops-kings-point-house-employee-stole-attempted-to-sell-200k-ice-buckets?cid=rss

A federal judge ruled April 5 that the government must make the most common emergency contraceptive, Plan B, available over the counter for all ages, instead of requiring a prescription for girls 16 and younger, The New York Times reported April 5. For more, read the WeNews story " Supporters of Plan-B Access Flash Mob NYC Store ." Pope Francis ... (more)

http://womensenews.org/story/cheers-and-jeers/130405/judge-strikes-plan-b-limits-abortion-laws-passed

Estimated $8M of art to be donated for NYC auction

Original works from 25 artists coming to auction are estimated to bring in more than $8 million to support the construction of a new building for the Whitney Museum of American Art in New York City.

http://www.app.com/needlogin?type=login&redirecturl=http%3A%2F%2Fwww.app.com%2Fapps%2Fpbcs.dll%2Farticle%3FAID%3D2013304060012%26nclick_check%3D1

04/06/13 Comprehensive Real-Time News Feed for Auctions.

Chateau on Central Announces Partnership with Luxury Real Estate... _{2013-04-06, 03:17 am}
Chateau On Central, the five-story luxury brownstone community located on Central and Palm Lane in downtown, announced it has finalized contracts to work with Russ Lyon Chateau On Central's unique-to-Phoenix architecture and timeless luxury create a true urban live-work space that has brought interest from buyers nationally and internationally.
Artists donate important works to benefit the Whitney Museum of American Art's new building project _{2013-04-06, 01:49 am}
Sotheby's announced that its Evening and Day auctions of Contemporary Art on 14 & 15 May 2013 will offer a group of 25 works to benefit the Whitney Museum of American Art's new building in downtown New York, together estimated in excess of $8 million*. Works from artists championed by the Whitney over the course of its 83-year history - including ... (more)
More _{2013-04-06, 01:48 am}
Sotheby's will offer The Collection of Alex & Elisabeth Lewyt in a series of auctions in New York and Paris in 2013, including seminal paintings by Paul Cezanne and Amedeo Modigliani that will lead the Impressionist & Modern Art Evening Sale in New York on 7 May 2013.
Estimated $8M of art to be donated for NYC auction _{2013-04-06, 12:27 am}
Original works from 25 artists coming to auction are estimated to bring in more than $8 million to support the construction of a new building for the Whitney Museum of American Art in New York City.
Adria's El Bulli Cellar, Lafite Sell for $8.8 Million in Hong Kong Auction _{2013-04-05, 10:23 pm}
... runs through to April 8 at the Hong Kong Convention and Exhibition and Center. Following is a table of major wine auctions held so far this year, with the total sold. Links are to auction websites or results statements. (Frederik Balfour is a ...
Gem of the Baltic _{2013-04-05, 12:03 pm}
Residents dance around a midsummer pole in Gotland, where house price growth has exceeded that of Stockholm in the past year The Swedish island of Gotland - the largest island in the Baltic sea - boasts tranquil countryside, beautiful beaches and a growing reputation as a destination for food lovers.
Spanish wines star of the show at HK auction _{2013-04-05, 12:51 pm}
All eyes were on Vega Sicilia at Sotheby's sale in Hong Kong on 4 April, with six bottles of the 1953 leading the ex-cellar collection.
The Art Market: wasting assets, winning strategy _{2013-04-05, 12:18 pm}
... but one that is fenced around with all sorts of difficulties, both regulatory and cultural. Christie's has held auctions on the mainland with local firm Forever, Sotheby's has a deal with GeHua to hold sales in the country, and another grouping of ...
Monumental Richter canvas coming to NYC auction _{2013-04-05, 10:34 am}
A monumental 20th century masterpiece by German artist Gerhard Richter is coming to a New York City auction.
IAA Launches I-Pay Through IAA Buyer App for Android _{2013-04-05, 10:18 am}
Insurance Auto Auctions, Inc. the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc.
Nazi-looted art returning to heirs of NY collector _{2013-04-05, 10:03 am}
Two artworks sold under duress during the Nazi occupation of Germany will be returned to the heirs of a New York art collector.
Notable Losers: Sothebys, Plug Power Inc, Peabody Energy Corporation, Credit Suisse Group AG_{2013-04-05, 09:41 am}
ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:- Sothebys went down 1.97% and closed at $34.78 on a traded volume of 1.23 million shares.
Raphael's Head of a Young Apostle: Italy's race to save 30m sketch _{2013-04-05, 07:11 am}
Too precious: Head of a Young Apostle, by Renaissance artist Raphael, has been prevented from leaving the country by the Government Head of a Young Apostle, by the celebrated Italian artist Raphael, has been in Britain for more than 300 years.
Major Calabasas Retail Center Sold for $50 Million _{2013-04-05, 06:12 am}
The Courtyard at the Commons retail center in Calabasas was bought by a global asset management firm for $50 million, according to a press release issued by Retail Development Advisors Corp.
Bill Koch's Bad Trip With Counterfeit Wine Is Cautionary Tale For Collectors _{2013-04-05, 03:48 am}
... chef, Daniel Boulud. It was a festive and highly exclusive event, sponsored by Scarsdale, NY-based Zachys Wine Auctions, to promote a sale on the following two days titled, "Over 17,000 Bottles of Greatness." At the dinner, which according to the ...
Nazi-Looted Art to Return to Heirs of N.Y. Collector _{2013-04-05, 03:03 am}
Two artworks sold under duress during the Nazi occupation of Germany will be returned to the heirs of New York art collector Michael Berolzheimer, who died in 1942 after escaping from Germany and settling in suburban WestchesterCounty.
Ron Devlin: Man has high hopes for duck-shaped potato chips _{2013-04-05, 01:33 am}
James Stauffer with Chippy Quack Quack, a ball of chips resembling a duck the Hershey man hopes to sell online to chip collectors.
How much would you pay to dine with the world's best chef? _{2013-04-04, 10:37 pm}
A rare chance to dine with world-famous Spanish restaurateur Ferran Adria has sold at auction for HK$220,500 . Bidding started at HK$40,000 for the meal with Adria, often cited as the planet's most talented and imaginative chef.
Where the Rich Go To Hide _{2013-04-04, 10:16 pm}
A massive leak of offshore accounts shows just how much money billionaires try to hide in offshore accounts.
Stolen checks signed by Wright brothers found after years missing _{2013-04-04, 08:51 pm}
The Wright brothers are credited with inventing the airplane and making the first controlled flight in the early 1900's. They're also the subject of this week's Crime Beat.

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