The luxury auction house has collaborated with Coinbase to enable bitcoin and ether payments when it auctions off Banksy's 'Love Is In The Air'.
Sotheby's said it would accept Bitcoin (BTC) and Ether (ETH) via Coinbase in exchange for Bansky's "Love is in the Air" in an upcoming auction.
The previous record was set by autographed pair of Nike Air Jordan's, worn in 1985, which sold for $615,000 at Christie's last year.
The bowl turned out to be a Ming Dynasty relic worth around half a million dollars. Sotheby's experts have called the find "rare and exceptional."
Handwritten notes from Isaac Newton that are more than 300 years old have sold for £378,000 ($US511,000) at an auction. In the papers, Newton theorised about alchemy, religion, and the apocalypse. He didn’t publish texts on these during his life “because it would have cost him his career,” auctioneer Sotheby’s […]
Sotheby’s is set to auction off a rare D Colour 102.39-carat flawless oval diamond this fall. Per Sotheby’s, it will be the second-largest oval diamond ever to be auctioned. It is completely flawless, both internally and externally, and is one of the most chemically pure diamonds in the world. It’s […]
A spiral-shaped Frank Lloyd Wright home regarded as the architect’s last residential masterpiece has sold for $US7.25 million. Known as the David and Gladys Wright House, the home was scheduled for demolition back in 2012, prompting a battle over its future. After two years on the market, the home sold […]
Auction house Sotheby’s says that millennials helped it stay afloat in the first half of the year, as the pandemic has forced all auctions online, Kelly Crow of the Wall Street Journal reports. Millennials now make up over 30% of Sotheby’s clientele, according to the auction house, and helped bring […]
Artwork from British Airways is on the auction block at Sotheby’s as the airline attempts to weather the industry downturn by turning to any and all means to raise funds. Pieces from British artists like Bridget Riley and George Shaw hang in British Airways lounges across its network and in […]
A Chinese vase that was created for an 18th-century emperor was rediscovered after spending 50 years in an elderly woman’s country home in Europe. The woman had multiple dogs and cats who “walked around freely,” said Amsterdam-based art consultant Johan Bosch van Rosenthal, who saw the vase at the home. […]
A rare pair of Michael Jordan’s 1985 game-worn autographed Air Jordans just sold for $US560,000 at a Sotheby’s auction. The purchase broke the world record for the highest price for any pair of sneakers sold at auction. The auction coincided with the release of the final episode of the Michael […]
Business Insider teamed up with art investment company Masterworks to highlight some of the biggest value gains in art auction history. These nine paintings, by artists including Andy Warhol and Jean-Michel Basquiat, sold at auction for millions more than their earlier purchase prices. Masterworks helps people invest in blue-chip art, […]
Some wealthy art collectors are raising cash from their art assets amid the looming recession. Investing in art has long been popular among the wealthy because the category is considered a “value-preserving asset class” that has a lower call risk than assets that are priced daily, such as securities. “As […]
Hedge fund manager David Kowitz was ordered to pay Sotheby’s roughly $US6.6 million after a judge ruled against the investor in a case involving an allegedly fake painting. The lawsuit concerns the $US10.8 million sale of “Portrait of a Gentleman,” a painting attributed to Dutch artist Frans Hals. The 2011 […]
James Bond’s 1965 Aston Martin DB5 is going up for auction at RM Sotheby’s “An Evening with Aston Martin” on August 15 as part of the Monterey auction week. The car is fitted with fully-functioning gadgets such as two hidden front-facing machine guns in the fenders and bulletproof windows from […]
The global sneaker resale market is currently worth at least $US2 billion, a recent analysis by Cowen & Co. estimated. Nike Air Jordans often sell for more than the average sneaker. StockX and Stadium Goods are two of the top online marketplaces for reselling sneakers. We consulted StockX and Stadium […]
A collector bought 99 of the 100 rare sneakers available at a special auction at Sotheby’s, a press release announced on July 17. The collector, Miles Nadal, spent $US850,000 on the first 99 shoes. Nadal then bought the 100th sneaker – the Nike Waffle Racing Flat “Moon Shoe,” arguably the […]