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The Latest Breaking News from Soby

Sotheby’s beats most of Russian tycoon’s fraud suit

NEW YORK — Sotheby’s won dismissal of most claims by a Russian billionaire who accused the auction house of helping to defraud him in the purchase of a world-class art collection featuring works by Pablo Picasso, Auguste Rodin and Henri Matisse.

Tribune News Service

Nazi-stolen Kandinsky recovered by Holocaust victims’ heirs sells for record £37m

‘Murnau with Church II’ set a record price for the Russian artist

The Independent UK

Kandinsky painting stolen by Nazis fetches record £37.2m at auction

London sale comes after descendants of the owners, one of whom was murdered at Auschwitz, were reunited with work found in Dutch museum

The Guardian - UK

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Edvard Munch painting hidden from Nazis in a barn sells at auction for nearly £17million

More than £170 million was spent as London’s auction season got into full swing with a series of major works going under the hammer at Sotheby’s, including two paintings restituted to their original owners after they were lost during the Nazis’ rise to power.

Evening Standard

‘Joyful’ portrait of Picasso’s daughter Maya sells at auction for over £18m

The piece was one of five works that was sold for more than £15 million at the sale by auction house Sotheby’s on Wednesday

The Independent UK

Six shoes Michael Jordan wore during the Bull’s NBA championship victories head to the auction block

His Airness won six rings, and now six shoes (not pairs) are going up for auction.

Fortune

Lucian Freud portrait of daughter Isobel expected to fetch up to £20m at auction

Ib Reading, not seen in public for more than 20 years, was result of more than 70 sittings

The Guardian - UK

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Luxury lets: from vanishing swimming pools to glass car displays — the opulent world of ultra-wealthy London renters

Inside London’s ultra high-end rental market, where the very best homes can cost more than you earn in a year — and there seems to be no ceiling

Evening Standard

World's oldest Hebrew Bible expected to sell for record-breaking $50 million

A Hebrew Bible more than 1,000 years old is set to fetch a record-breaking price when it goes up for auction in New York in May, Sotheby's auction house announced this week.

Radio France Internationale

Ancient copy of Hebrew Bible expected to fetch up to £41.5m at auction

Codex Sassoon, which dates back to the ninth or tenth century, is due to come up for auction in May for the first time in more than 30 years.

The Independent UK

Oldest complete Hebrew Bible expected to break auction records

Ninth-century Codex Sassoon, critical link between Dead Sea scrolls and today’s Bible, will have estimate of $30m-$50m

The Guardian - UK

Kobe Bryant jersey sold for $5.8 million at auction

NBA legend Kobe Bryant died in a tragic helicopter crash three years ago, but the love of his fans will never fade away.

The Times of India

Fugitive Hong Kong Mogul Auctions Up to $2 Million in Luxury Handbags

Joseph Lau Luen-hung is selling 77 rare Hermès bags in the largest single-owner handbag sale ever held in Asia, according to Sotheby’s

Caixin Global

Dress worn by Princess Diana sells for nearly £500,000 at auction

The evening gown was first worn by her during an official portrait in 1991

The Independent UK

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Asharq Al-Awsat

Kim Kardashian Buys Pendant Worn by Princess Diana

American reality television star and social media colossus Kim Kardashian has purchased the Attallah Cross, the amethyst and diamond pendant famously worn on several occasions by Princess Diana, according to the auction house Sotheby's. The piece, made in the 1920s by the British jeweler Garrard, sold for 163,800 pounds ($202,300)…

The Guardian - UK

How Munch’s friend hid a masterpiece in a Norwegian barn to foil the Nazis

Owner’s family to sell Dance on the Beach and split up to £20m with descendants of Jewish academic who had to sell it in 1934

The Independent UK

Princess Diana’s purple Victor Edelstein dress to be auctioned by Sotheby’s

The dress was last sold for $24,150 (£20,362) in 1997

The Guardian - UK

Dinosaur head sold for $6m at US auction reveals new breed of art collectors

Sale of Maximus T rex at Sotheby’s reveals growing interest in palaeontological finds at auction houses

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The Guardian - UK

‘Once-in-a-lifetime’ copy of Don Quixote fetches €500,000 at auction

Total of €900,000 paid for Cervantes’ works that a diplomat bought on a shopping trip to London in 1930s

Evening Standard

My London: Michael Chow

The legendary restaurateur and artist enjoys a civilised dinner at Wiltons, eyeing up Turners at Tate and can’t get enough of George Cleverley’s shoes

The Guardian - AU

Indonesian fisheries official criticises plan to auction pristine 100-island archipelago

Conservationists have already raised concerns about Thursday’s auction at Sotheby’s of development rights to coral atoll network

ABC News

Stake in Indonesia's Widi Reserve islands up for auction by Sotheby's, but environmentalists have concerns

The Widi Reserve is a stunning, currently uninhabited archipelago in eastern Indonesia consisting of about 100 islands in a 315,000-hectare Marine Protected Area.

The Guardian - AU

Indonesia puts 100-island archipelago up for auction, sparking environmental concerns

Uninhabited Widi Reserve is in a marine-protected zone and being promoted as ‘one of the most intact coral atoll ecosystems left on Earth’

Fortune

Rare Charles Darwin-signed document defending the theory of evolution could sell for record $1.2 million at auction

Auction house Sotheby’s described is as “the most significant autograph manuscript by Darwin to ever appear at auction.”

Evening Standard

Rare Charles Darwin manuscript may fetch over £1m at auction

The document is said to be one of the most significant autographed manuscripts to have appeared at auction

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