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LONDON, United Kingdom (AFP) – “The Enigma”, the world’s largest known cut diamond at 555 carats, went under the hammer in London on Wednesday for £3.16 million ($4.3 million, 3.8 million euros) having recently gone on display for the first time. The rare black, or carbanado, diamond is believed to have been created when a meteorite or an asteroid hit Earth more than 2.6 billion years ago. The 555.55 carat, 55-faced diamond reached £3.16 million, excluding the […]
HONG KONG, China (AFP) — A rare Picasso painting on auction for the first time made its debut in Hong Kong at the start of a global tour on Tuesday and is expected to fetch $50 million, auction house Sotheby’s said. The painting — “Femme au beret et a la robe quadrillee (Marie-Therese Walter)” — is a colorful and angular depiction of Picasso’s French lover with a dark silhouette looming behind her face. “Of all of the […]
NEW YORK, United States (AFP) — A 1982 untitled Basquiat sold for $110.5 million in New York on Thursday, setting a new auction record for the United States artist in Sotheby’s flagship post-war and contemporary art sale, the auction house said. Jean-Michel Basquiat, the US wonderkid of Haitian and Puerto Rican descent, who died in 1988 of an overdose at the age of 27, has been catapulted into the rostrum of 20th century greats by the […]
GENEVA, Switzerland (Reuters) — Two dazzling pink and blue pear-shaped diamonds have together sold for 57,118,000 Swiss Francs ($57,425,000) to a private buyer at Sotheby’s auction house on Tuesday (May 16). Sotheby’s said the Apollo and Artemis stones are “by far the most important pair of earrings ever offered at auction.” They were offered to buyers separately at the auction house’s Magnificent Jewels and Noble Jewels sale in Geneva, but were purchased by the same […]
by Elaine Yu HONG KONG, China (AFP) — A giant diamond named the “Pink Star” broke the world record for a gemstone sold at auction when it fetched $71.2 million in Hong Kong on Tuesday. The 59.60-carat “Pink Star,” the largest in its class ever graded by the Gemological Institute of America, was sold to the city’s Chow Tai Fook jewellery chain. “Sotheby’s Hong Kong is very proud to have this record,” its Asia chairman […]
HONG KONG, China (Reuters) — The most complicated Patek Philippe watch has been previewed at Sotheby’s in Hong Kong ahead of its auction in Geneva. With 33 complications, the Calibre 89 is a leader in innovation and importance. After research began in 1980, Patek Philippe unveiled the Calibre 89 in 1989 to mark their 150th anniversary. The horological masterwork is one of the most important watches ever to be offered at auction according to Sotheby’s, […]
LONDON, United Kingdom (Reuters) — A 59.60-carat diamond known as “The Pink Star” is returning to auction next month and could fetch a record $60 million, three years since it was sold for even more – only for the buyer to pull out of the deal. The diamond was presented by Sotheby’s in London ahead of the auction in Hong Kong on April 4. In November 2013, a Geneva auction of the stone fetched a […]
GENEVE, Switzerland (Reuters) — Coloured diamonds fetched high prices on Wednesday (November 16) at Sotheby’s semi-annual jewel sale, with rare and large pink and blue stones finding new owners who paid in the double-digit millions for “rare treasures”. A step-cut fancy intense pink diamond weighing 17.07 carats, set in a ring between triangular diamonds, netted $20.8 million, far exceeding its estimate of $12 to $15 million, to become the top lot. “The […]
NEW YORK, United States (AFP) — A Japanese billionaire is the mystery art collector behind the $57.3 million purchase of a huge self-portrait by Jean-Michel Basquiat at auction earlier this week, his art foundation said Thursday. “Jean-Michel Basquiat is coming to Japan,” businessman Yusaku Maezaw wrote on his Instagram account, posing in front of the painting. Maezawa, who made his fortune in the clothing trade, bought seven works of art in two days for a […]
