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Mass market retailers aren’t the only ones betting on a banner online holiday sales season.(Pixabay)

The super-rich are buying luxury online like never before

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON DEC 08, 2020 03:26 PM IST
Christie’s auction house has launched its worldwide “Luxury Week” with beefed-up offerings to meet this year’s record demand.
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A model poses with "The Spirit of the Rose", the world's largest vivid purple-pink diamond with 14.83-carat.(REUTERS)
A model poses with "The Spirit of the Rose", the world's largest vivid purple-pink diamond with 14.83-carat.(REUTERS)

Rare pink diamond described as ‘true wonder of nature’ fetches $26.6 million at Sotheby’s Geneva sale

By Reuters | GENEVA
UPDATED ON NOV 12, 2020 11:26 AM IST
Jewellery expert Benoit Repellin, who led the sale, said it set a record for a diamond graded fancy vivid purple pink sold at auction.
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A sign marking Sotheby’s headquarters is seen on the Upper East Side of New York City, U.S.(Reuters)
A sign marking Sotheby’s headquarters is seen on the Upper East Side of New York City, U.S.(Reuters)

New York sues Sotheby’s for helping important client escape sales taxes on artwork

By Reuters | Posted by Jahnavi Gupta | New York
UPDATED ON NOV 07, 2020 10:28 AM IST
Sotheby’s was sued on Friday by New York’s attorney general, who accused the auction house of defrauding the state by helping an important client avoid millions of dollars of sales taxes on art he purchased.
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A oil on canvas painting by Claude Monet. (Representational Image)(Unsplash)
A oil on canvas painting by Claude Monet. (Representational Image)(Unsplash)

Brooklyn museum reaps $19.9 million from Sotheby’s art sale

By Bloomberg | Posted by Jahnavi Gupta | Brooklyn
UPDATED ON OCT 30, 2020 01:32 PM IST
An assortment of works from the Brooklyn Museum generated $19.9 million at Sotheby’s Wednesday sale, led by a mid-century dining table and a Claude Monet landscape.
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The L A Mayer Museum for Islamic Art in Jerusalem plans to put 190 pieces on the block at Sotheby’s on Tuesday. (Representational Image.)(Pixabay)
The L A Mayer Museum for Islamic Art in Jerusalem plans to put 190 pieces on the block at Sotheby’s on Tuesday. (Representational Image.)(Pixabay)

Israeli museum plans to sell off rare Islamic antiquities

By Press Trust of India | Posted by Jahnavi Gupta | Jerusalem
UPDATED ON OCT 27, 2020 04:46 PM IST
A museum in Israel has sparked outrage with plans to sell dozens of rare Islamic antiquities, including centuries-old carpets, armaments and ceramics from across the Middle East, at a public auction.
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“Show Me the Monet” sold to an unidentified bidder at Sotheby’s in London on Wednesday evening.(Instagram @rosenhangmuseum)
“Show Me the Monet” sold to an unidentified bidder at Sotheby’s in London on Wednesday evening.(Instagram @rosenhangmuseum)

Banksy artwork sells for almost $10 million at auction

By Press Trust of India | Posted by Jahnavi Gupta | London
UPDATED ON OCT 23, 2020 10:36 AM IST
Banksy’s playful take on a famous Impressionist painting has sold at auction for 7.6 million pounds, the second-highest price ever paid for a work by the British street artist.
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In Hester Diamond’s apartment: Jorg Lederer’s Saint Sebastian (left), estimated from $600,000 to $1.2 million, and Dustin Yellin’s Small Figure No. 48 ​​​​​​.(Bloomberg)
In Hester Diamond’s apartment: Jorg Lederer’s Saint Sebastian (left), estimated from $600,000 to $1.2 million, and Dustin Yellin’s Small Figure No. 48 ​​​​​​.(Bloomberg)

Beastie Boys’ Mike D is selling his mom’s $30 million art collection

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON OCT 16, 2020 08:18 PM IST
“My mom and dad were completely integrated into the New York City contemporary art world before I was born,” says Diamond of his dealer-collector parents.
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The 14.83-carat diamond, named “The Spirit of the Rose,” is the largest vivid purple-pink diamond ever offered at auction. (Representational Image)(Pixabay)
The 14.83-carat diamond, named “The Spirit of the Rose,” is the largest vivid purple-pink diamond ever offered at auction. (Representational Image)(Pixabay)

World’s largest vivid pink diamond from Russia to be auctioned on November 11

By Asian News International | Posted by Jahnavi Gupta | Moscow [Russia]
UPDATED ON OCT 13, 2020 02:33 PM IST
One of the world’s largest fancy vivid purple-pink and internally flawless diamonds from Russia will be sold at Sotheby’s Geneva Magnificent Jewels and Noble Jewels auction on November 11.
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Christie’s said it will offer Rothko’s 1967 “Untitled,” with a $30 million to $50 million estimate. (Representational Image)(Instagram @markrothkoart)
Christie’s said it will offer Rothko’s 1967 “Untitled,” with a $30 million to $50 million estimate. (Representational Image)(Instagram @markrothkoart)

Ronald Perelman to sell Rothko and De Kooning art works at Christie’s Auction

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON SEP 26, 2020 02:34 PM IST
Ronald Perelman, who’s sold more than $200 million of art from his extensive collection in recent months, is putting more trophies on the block.
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Television talk-show host Ellen DeGeneres is quietly selling millions of dollars worth of art.(Instagram @opraahmagazine)
Television talk-show host Ellen DeGeneres is quietly selling millions of dollars worth of art.(Instagram @opraahmagazine)

Ellen DeGeneres Is Selling $10 Million of Art in Hamptons

By Bloomberg | Posted by Jahnavi Gupta
UPDATED ON SEP 24, 2020 12:15 AM IST
Sotheby’s private sales gallery offered more than $10 million of contemporary works for sale from DeGeneres, whose art-filled houses have been published in magazines such as Architectural Digest.
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Artwork entitled "Show me the Monet" by the artist Banksy, is pictured during a photocall at Sotheby's auction house in London, ahead of the forthcoming 'Modernites/Contemporary' evening auction set to take place in October.(AFP)
Artwork entitled "Show me the Monet" by the artist Banksy, is pictured during a photocall at Sotheby's auction house in London, ahead of the forthcoming 'Modernites/Contemporary' evening auction set to take place in October.(AFP)

Banksy’s Show Me the Monet to go on sale next month

By Sanya Mathur | Hindustan Times, New Delhi
PUBLISHED ON SEP 20, 2020 01:40 PM IST
Auction house Sotheby’s on Friday announced it would offer British street artist Banksy’s well-known tribute to Claude Monet for an estimated £3-5 million at a live-stream auction next month.
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A file photo of Jean-Michel Basquiat with his artwork in the background in New York. (Representational Image)(@hiartsnyc/Instagram)
A file photo of Jean-Michel Basquiat with his artwork in the background in New York. (Representational Image)(@hiartsnyc/Instagram)

$15 million Basquiat painting to be highlight of Phillips’ Hamptons outlet

By Bloomberg | Posted by Saumya Sharma
UPDATED ON AUG 14, 2020 08:13 PM IST
The inaugural exhibition will include Basquiat’s 1982 painting Portrait of A-One A.K.A King, estimated at $10 million to $15 million and slated for auction in November.
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Perelman’s Miro at Sotheby’s has the highest estimate in the sale that also includes a self portrait by Rembrandt.(Instagram)
Perelman’s Miro at Sotheby’s has the highest estimate in the sale that also includes a self portrait by Rembrandt.(Instagram)

From Rembrandt to Richter: Billionaire Ronald Perelman to sell Matisse, Miro works for $53 million

By Bloomberg | Posted by Saumya Sharma
UPDATED ON JUL 27, 2020 07:10 PM IST
Ronald Perelman’s art collection is worth billions of dollars and comprises mostly 20th century works with sculptures by Alberto Giacometti and Jeff Koons and paintings by Mark Rothko, Cy Twombly and Ed Ruscha.
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Gallery assistants pose with 'Peinture (Femme Au Chapeau Rouge)' by Spanish artist Joan Miro during a media preview for 'Rembrandt to Richter' at Sotheby's auction house in London, Britain, July 23 2020.(REUTERS/Dylan Martinez)
Gallery assistants pose with 'Peinture (Femme Au Chapeau Rouge)' by Spanish artist Joan Miro during a media preview for 'Rembrandt to Richter' at Sotheby's auction house in London, Britain, July 23 2020.(REUTERS/Dylan Martinez)

Art amid Covid-19: Rembrandt and Picasso entice art lovers back to auctions after lockdown

By Reuters | Posted by Saumya Sharma | London
UPDATED ON JUL 27, 2020 05:49 PM IST
With art collectors locked down from Moscow to Manhattan and some fortunes in peril from the worst economic hit in centuries, the art auction world is trying to bring back some sparkle after the gloom of the pandemic.
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The live-streamed event had been postponed from May due to the pandemic.(lchoogewerf/Instagram)
The live-streamed event had been postponed from May due to the pandemic.(lchoogewerf/Instagram)

Lichtenstein Nude leads Christie’s livestream auction, produces $421 million

By Bloomberg | Posted by Saumya Sharma
UPDATED ON JUL 16, 2020 09:49 PM IST
Lichtenstein’s Nude with Joyous Painting fetched $46.2 million, surpassing its presale target of $30 million.
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A Fancy Intense Pink marquise-shaped diamond weighing 7.00 carats, (estimated US$ 2.5 - 3.5 million) and a Fancy Vivid Blue step-cut diamond weighing 3.01 carats (estimated US$ 4.3 - 6.3 million) are pictured during a media presentation at Sotheby's before the resuming of live jewellery auctions after the coronavirus (COVID-19) lockdown in Geneva, Switzerland, June 21, 2020.(REUTERS/Denis Balibouse)
A Fancy Intense Pink marquise-shaped diamond weighing 7.00 carats, (estimated US$ 2.5 - 3.5 million) and a Fancy Vivid Blue step-cut diamond weighing 3.01 carats (estimated US$ 4.3 - 6.3 million) are pictured during a media presentation at Sotheby's before the resuming of live jewellery auctions after the coronavirus (COVID-19) lockdown in Geneva, Switzerland, June 21, 2020.(REUTERS/Denis Balibouse)

Burmese sapphire, Colombian emeralds, vivid yellow diamond ring to dazzle at Sotheby’s Geneva auction

By hindustantimes.com | Edited by Saumya Sharma | Hindustan Times, Delhi
UPDATED ON JUN 24, 2020 10:30 AM IST
Sotheby’s Geneva’s June sale of Magnificent Jewels and Noble Jewels: Part I & II is open for sale and is offering a broad selection of jewellery, including jewels from the world’s most renowned jewellery houses.
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Citadel founder Ken Griffin paid more than $100 million for a canvas by Jean-Michel Basquiat, the late black artist who focused on issues of race and inequality.(Instagram)
Citadel founder Ken Griffin paid more than $100 million for a canvas by Jean-Michel Basquiat, the late black artist who focused on issues of race and inequality.(Instagram)

Ken Griffin buys Basquiat painting for more than $100 million

By Bloomberg | Posted by Saumya Sharma | London
UPDATED ON JUN 06, 2020 07:28 PM IST
Values for Basquiat works have soared since his death in 1988. Three years ago, a Basquiat painting fetched $110.5 million at Sotheby’s, setting an auction record for an American artist.
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Iconic art deco bracelet from Cartier’s Tutti Frutti collection to be auctioned at Sotheby’s.(Sotheby’s//Instagram)
Iconic art deco bracelet from Cartier’s Tutti Frutti collection to be auctioned at Sotheby’s.(Sotheby’s//Instagram)

Iconic art deco bracelet from Cartier’s Tutti Frutti collection to be auctioned at Sotheby’s

By Indo Asian News Service | London
UPDATED ON APR 25, 2020 03:16 PM IST
The iconic art deco bracelet by Cartier is an artful arrangement of the diamonds and enamel that makes it covetable. The almost century-old creation is sought-after by jewellery connoisseurs and is estimated at $600,000/800,000.
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Gaurav Bhatia, Founder, MAISON with his wife Pratima Bhatia.(Digpu)
Gaurav Bhatia, Founder, MAISON with his wife Pratima Bhatia.(Digpu)

Sotheby’s ex-MD Gaurav Bhatia launches luxury and lifestyle advisory cell MAISON

UPDATED ON FEB 26, 2020 04:19 PM IST
It will offer a comprehensive service system to clients in the field, including highly differentiating state-of-the-art marketing solutions, business development ideas, branding and rebranding solutions, communication and content creation, PR, digital strategy, etc.
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The Tory Burch collection is modeled during Fashion Week in New York, Sunday, Feb. 9, 2020. (AP Photo/Seth Wenig)(AP)
The Tory Burch collection is modeled during Fashion Week in New York, Sunday, Feb. 9, 2020. (AP Photo/Seth Wenig)(AP)

NYFW 2020: Tory Burch reinvents power suit, merges pretty and powerful

By Associated Press | New York
UPDATED ON FEB 11, 2020 03:00 PM IST
Tory Burch reinvented the traditional power suit with a floral print, juxtaposed with tall boots to prove that dressing pretty can still exude power and strength.
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Poonam Soni and Jeff Bezos.
Poonam Soni and Jeff Bezos.

Malavika’s Mumbaistan: Same to same with Bezos

By Malavika Sangghvi | Hindustan Times
UPDATED ON JAN 20, 2020 01:23 AM IST
“We share the same jacket and the same designer,” said Poonam Soni, one of the ace jewellery designers in the country, about her recent sartorial twinning with Jeff Bezos on his recent trip to India
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The top 10 art exhibitions to see in 2020.(Musee de Louvre/Instagram)
The top 10 art exhibitions to see in 2020.(Musee de Louvre/Instagram)

The top 10 art exhibitions to see in 2020

By James Tarmy | Bloomberg
UPDATED ON JAN 02, 2020 03:24 PM IST
Here’s a list of what should be the biggest and/or the most influential shows of 2020 and what is in it for you at the art exhibitions.
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FN Souza’s The Last Supper, which has been at Japan’s Glenbarra museum for the two decades, sold for ₹5.6 crore, just above its upper estimate of ₹5 crore.(Aalok Soni / HT Photo)
FN Souza’s The Last Supper, which has been at Japan’s Glenbarra museum for the two decades, sold for ₹5.6 crore, just above its upper estimate of ₹5 crore.(Aalok Soni / HT Photo)

Sotheby’s 2nd live auction sees no record; major artworks find no takers

By Dipanjan Sinha & Cherylann Mollan | Hindustan Times, Mumbai
UPDATED ON NOV 18, 2019 07:48 PM IST
Of the 61 lots on the block, including an FN Souza, a Bhupen Khakhar and a rare Husain, about 20% were left unsold.
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Le Baron De Belamy(Instagram)
Le Baron De Belamy(Instagram)

Art meets AI: Computer-generated works set for New York sale

By Agence France-Presse | New York
UPDATED ON NOV 15, 2019 03:46 PM IST
Sotheby’s will put two paintings by the French art collective Obvious up for sale on Thursday, including Le Baron De Belamy.
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A 1974 Untitled VS Gaitonde painting procured from the private collection of actor and society doyenne Sabira Merchant, will be headlining the sale. The work comes from a time when India was at the cusp of entering the atomic and space age, and features five orbs suspended in space like planets.(Sotheby’s India)
A 1974 Untitled VS Gaitonde painting procured from the private collection of actor and society doyenne Sabira Merchant, will be headlining the sale. The work comes from a time when India was at the cusp of entering the atomic and space age, and features five orbs suspended in space like planets.(Sotheby’s India)

Sotheby’s back with a Gaitonde, Hussain, Souza

By Vanessa Viegas | Hindustan Times, Mumbai
UPDATED ON NOV 14, 2019 05:17 PM IST
This will be the auction house’s second live sale in India. All the masterpieces on the block are up for public viewing at the Taj Mahal Palace hotel.
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An original score of two minuets composed by Wolfgang Amadeus Mozart when he was just 16 are to be put up for auction in Paris later this month. (Representative Image)(REUTERS)
An original score of two minuets composed by Wolfgang Amadeus Mozart when he was just 16 are to be put up for auction in Paris later this month. (Representative Image)(REUTERS)

Early Mozart manuscript to go on sale in Paris

By Agence France-Presse | Paris
UPDATED ON NOV 08, 2019 06:10 AM IST
The minuets -- which are types of dances -- have never been published and the autograph score contains a few corrections and minor modifications, including one or two that might be in the hand of Mozart’s father, Leopold.
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The event includes 20 live auctions that are expected to fetch more than $336 million.(Source: Sotheby’s)
The event includes 20 live auctions that are expected to fetch more than $336 million.(Source: Sotheby’s)

Cartoon girl goes for $25 million at Sotheby’s Hong Kong auction

By Bloomberg
UPDATED ON OCT 08, 2019 02:53 PM IST
Judging by the turnout at the five-day auction by Sotheby’s - and the prices art and wine have commanded - elites from Hong Kong and the rest of Asia are as keen as ever to open their pocketbooks.
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Banksy painting of primates in parliament up for auction.(Banksy/Instagram)
Banksy painting of primates in parliament up for auction.(Banksy/Instagram)

Monkey business? Banksy painting of primates in parliament up for auction

By Reuters | London
UPDATED ON SEP 28, 2019 01:48 PM IST
Devolved Parliament, in which chimpanzees replace politicians, measures 13 feet (4 m) long, making it the largest known canvas by the secretive British street artist, according to Sotheby’s.
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