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The Latest Breaking News from Sotheby

Sotheby’s losses more than double to $248m as art market slumps

Sotheby’s also takes hit from hefty severance costs, despite its headcount only dropping by 24 employees

The Guardian - UK

Why is Scandinavia’s largest international art fair going bananas for Thyra Hilden’s ‘Equal Satire’?

A new banana-centric artwork by Danish artist Thyra Hilden has been exhibited and sold at Copenhagen’s Enter Art Fair. Here's why it has been one of the standouts of this year's edition.

Euronews

Would You Buy This Billionaire’s $23 Million McLaren?

This McLaren comes with an interesting history and a well-known former owner.

GOBankingRates

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read the most diverse news in one place.

Actress Jane Birkin's Well-Worn Hermès Tote Sells For $10.1 Million, Breaking The Record For The Most Valuable Handbag

The original Hermès Birkin bag sold at Sotheby's in Paris in July for €8.6 million ($10.1 million).

Benzinga

Eddie Van Halen's 1982 iconic Kramer guitar to be auctioned

The instrument is based on Van Halen’s original “Frankenstrat” guitar from 1975. Five years after Van Halen's death, this is the first of his guitars with this trademark design to ever be auctioned. It is expected to fetch more than $2million during an October auction led by Sotheby's.

Euronews

“What Les Paul was for Gibson, Edward Van Halen is for Kramer”: Eddie Van Halen’s Kramer Ad guitar surfaces for sale – and is expected to reach $3,000,000 at auction

The early 1980s custom build, which was played on tour and once owned by Mick Mars, ushered in a watershed moment for Kramer and the guitar industry

Guitar World

“Back of headstock reveals:#1 Edward Van Halen Model”: Eddie Van Halen’s 1982 Kramer – also owned by Mick Mars – heads to the auction block. Is this the next multi-million dollar guitar?

Dressed up to look like Frankie, a precursor to the 5150, this transitional Kramer was stage-played by Eddie Van Halen and appeared on Mötley Crüe's Dr Feelgood

MusicRadar

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Auction Of World's Largest Mars Meteorite Sparks Ownership Debate

The recent auction of a Martian meteorite -- for a record-grabbing $5.3 million at Sotheby's New York -- has sparked questions over its provenance and renewed debate over who gets to claim rocks fallen from the heavens.

International Business Times

The world's biggest Mars rock sold at auction, but Niger wants to know how it got there

A 25-kilo rock from Mars sold for over $5 million (€4.3 million) at Sotheby’s in New York last month. But Niger, where the meteorite was found, has launched an investigation into whether it was illegally smuggled out of the country.

Euronews

Mystery deepens over largest Martian rock ever found on Earth

The meteorite, which sold for US$5 million, is now the subject of an investigation

The Independent UK

This Luxury Watch is the New Celebrity Favourite—but It's Almost Impossible to Get Ahold Of

Introducing the Audemars Piguet Royal Oak Mini

Marie Claire

The Buddha jewels at auction that caused global outcry

IN FULL

The Independent UK

Sotheby’s returns ancient gems linked to Buddha to India

Indian government accused auction house of ‘participating in continued colonial exploitation’ after it planned to put relics on sale

The Independent UK

‘A joyous day’: India celebrates return of ancient gems linked to the Buddha

Culture ministry had threatened legal action over planned auction of Piprahwa precious stones

The Guardian - UK

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The Independent UK

Eagle-eyed buyer snaps up £30k Dalí painting for £150 at house clearance sale

The artwork had previously been offered for sale at Sotheby’s in the 1990s

Evening Standard

Salvador Dali painting bought at house clearance sale identified as original

The art dealer who purchased the mixed media piece discovered it had been offered for sale at Sotheby’s in the 1990s fully attributed to Dali.

The Guardian - UK

Salvador Dalí painting bought for £150 at house clearance sale valued at £20-30,000

Unusual illustration, to be sold by Cheffins, was part of surrealist artist’s abandoned Arabian Nights project

The Conversation

Why it’s not a problem that dinosaurs are sold for millions of dollars – art historian

A juvenile dinosaur fossil, Ceratosaurus nasicornis, has sold at Sotheby’s New York for US$30.5 million (£22.7 million). It is part of a recent resurgence of art-market interest in fossils and natural history – palaeontology and geology especially. Indeed, this latest dinosaur sale was part of an auction specifically dedicated to…

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Evening Standard

All the times Trump has 'wrote a picture' as he denies Epstein birthday card report

Trump claimed that he “never wrote a picture in my life,” yet a history of his sketches sold in auctions suggests otherwise

GOBankingRates

Watches, Cars, Wine & More: Here’s the Most Expensive Version of Everything

The most expensive things in the world come at a high cost but are worth it for some. Look at some of these items that are pricier than anything like them.

Euronews

Largest Martian meteorite fetches over €4.3 million at auction - but young dinosaur steals the show

This was the first time such an historical and rare piece was auctioned off. But as popular as the Mars meterorite was, a young dinosaur skeleton triggered a bidding frenzy...

The Independent UK

Largest Martian meteorite on Earth sold for millions at auction

It’s not clear exactly when the meteorite was blasted off the surface of Mars

Space

The largest Mars meteorite on Earth has sold for $5.3 million

Sotheby's in New York City auctioned off a giant chunk of Mars found in Africa. It sold for $4.3 million.

LiveScience

Largest known Martian meteorite on Earth sells for $5.3 million at auction

The largest known Martian meteorite, NWA 16788, has been sold at auction for $5.3 million. The hefty chunk of the Red Planet, which weighs 54 pounds, could help unravel new secrets about Mars — if it's allowed to be studied.

Space

The largest Mars rock on Earth is up for auction in NYC — it could be yours for $4 million (or more)

The largest Mars rock on Earth will soon be auctioned off in NYC, and could sell for at least $2 million.

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