Auctioneering http://www.globalpost.com/taxonomy/term/25937/all en Art auctioneers eye another bonanza in early 2013 http://www.globalpost.com/dispatch/news/thomson-reuters/130114/art-auctioneers-eye-another-bonanza-early-2013 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Mike Collett-White</p> <p>LONDON, Jan 14 (Reuters) - The world's two biggest auction houses are predicting a bumper start to 2013, with estimates from key sales in London this February up sharply from last year.</p> <p>Confident that super-rich collectors and wealthy art institutions will continue their hunt for the very rarest works of art, both Christie's and Sotheby's are looking to improve on already spectacular gains in recent years.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/art-auctioneers-eye-another-bonanza-early-2013" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment Thomson Reuters Mon, 14 Jan 2013 18:15:04 +0000 Thomson Reuters 5734294 at http://www.globalpost.com Art not only for "1 percent", says Christie's chief http://www.globalpost.com/dispatch/news/thomson-reuters/130116/art-not-only-1-percent-says-christies-chief <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Christie's 2012 art sales at record 3.9 billion pounds</p> <p>* Asia drops sharply, private sales surge</p> <p>* CEO Murphy sees unprecedented interest in art globally</p> <p>* Christie's aims to capture clients via online auctions</p> <p>By Mike Collett-White</p> <p>LONDON, Jan 17 (Reuters) - When the public sits up and notices the art market, it is usually when an anonymous buyer pays a mind-boggling sum to acquire a prized painting or sculpture.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130116/art-not-only-1-percent-says-christies-chief" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment Steven Murphy Technology Thomson Reuters Thu, 17 Jan 2013 00:30:11 +0000 Thomson Reuters 5735370 at http://www.globalpost.com As Indian art world meets, prices stay depressed http://www.globalpost.com/dispatch/news/afp/130131/as-indian-art-world-meets-prices-stay-depressed <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India's art world has converged on New Delhi for the industry's biggest annual event where upbeat talk and parties are likely to disguise a market that is still in the doldrums since crashing in 2008.</p> <p>Indian art auction prices are down 70 to 75 percent from their peak, when speculation driven by new prosperity in cities such as Delhi and Mumbai pushed them to "unsustainable levels", says art analyst Anders Petterson.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/as-indian-art-world-meets-prices-stay-depressed" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment AFP Fri, 01 Feb 2013 04:45:36 +0000 Agence France-Presse 5742544 at http://www.globalpost.com Records fall as NY art auctions take in $170 million http://www.globalpost.com/dispatch/news/thomson-reuters/130201/records-fall-ny-art-auctions-take-170-million <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Madonna painting from 1490s fetches week's highest price</p> <p>* Strong international bidding, particularly from Russians</p> <p>By Chris Michaud</p> <p>NEW YORK, Feb 1 (Reuters) - Three paintings each sold for more than $10 million and artists' records fell as auction houses Christie's and Sotheby's collectively moved some $170 million in Old Master and Renaissance art this week.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/records-fall-ny-art-auctions-take-170-million" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment USD Thomson Reuters Sat, 02 Feb 2013 02:01:02 +0000 Thomson Reuters 5743760 at http://www.globalpost.com JFK bomber jacket sold at auction for $665,500 http://www.globalpost.com/dispatch/news/afp/130218/jfk-bomber-jacket-sold-at-auction-665500 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A leather bomber jacket that belonged to slain US president John F. Kennedy has been sold at auction for $665,500, far exceeding the initial estimate, a Massachusetts auction house said Monday.</p> <p>The brown Air Force One jacket was one of 700 lots put on the auction block Sunday after the family of David Powers, a special assistant to Kennedy, discovered a treasure trove of JFK memorabilia in the Powers family home.</p> <p>The jacket was initially estimated at $20,000 to $40,000.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130218/jfk-bomber-jacket-sold-at-auction-665500" target="_blank">read more</a></p> Auctioneering USD AFP Mon, 18 Feb 2013 17:00:48 +0000 Agence France-Presse 5759145 at http://www.globalpost.com Iron Lady's rusty armour-plated bus sold at auction http://www.globalpost.com/dispatch/news/afp/130222/iron-ladys-rusty-armour-plated-bus-sold-at-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>There are better looking tin cans but they rarely have such a good pedigree as the rusty, armour-plated bus once used by Margaret Thatcher and sold in Britain for nearly £17,000 (20,000 euros, $26,000).</p> <p>The 28-tonne "battle bus" was apparently built in the 1980s for the former prime minister's tour of Northern Ireland, the British-controlled province which at the time was a hotbed of sectarian violence.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130222/iron-ladys-rusty-armour-plated-bus-sold-at-auction" target="_blank">read more</a></p> Auctioneering AFP Fri, 22 Feb 2013 12:30:35 +0000 Agence France-Presse 5763230 at http://www.globalpost.com Global art sales swell despite slowing Chinese market http://www.globalpost.com/dispatch/news/afp/130305/global-art-sales-swell-despite-slowing-chinese-market <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Works by Andy Warhol topped the list of auction sales in 2012, as the global art market thrived thanks to high sales in New York and in China, the French watchdog Artprice told AFP Tuesday.</p> <p>After a bumper rise in sales of 21 percent in 2011, the global market grew more than 6 percent last year, found a joint report by Artprice and the group Artron seen by AFP, to be published on Thursday. </p> <p>Auction sales of art works around the globe -- which include paintings, sculptures and photographic prints -- totalled $12.27 billion (9.42 billion euros) last year.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130305/global-art-sales-swell-despite-slowing-chinese-market" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment War AFP Tue, 05 Mar 2013 22:17:06 +0000 Agence France-Presse 5774320 at http://www.globalpost.com 'Star Trek' rifle, Green Hornet's car lead Hollywood auction http://www.globalpost.com/dispatch/news/thomson-reuters/130311/star-trek-rifle-green-hornets-car-lead-hollywood-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LOS ANGELES, March 11 (Reuters) - A futuristic prop "Star Trek" rifle, Superman's suit and Green Hornet's car are the top-billed items in a Hollywood auction next month, when fans and collectors will have a chance to own memorabilia from film sets and actor closets.</p> <p>The one-of-a-kind Phaser laser rifle carried by actor William Shatner as Captain James T. Kirk in the second pilot for "Star Trek" from 1966 is expected to fetch between $50,000 and $70,000, Julien's Auctions said on Monday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130311/star-trek-rifle-green-hornets-car-lead-hollywood-auction" target="_blank">read more</a></p> Auctioneering Business Human Interest Julien's Auctions Thomson Reuters Mon, 11 Mar 2013 18:47:03 +0000 Thomson Reuters 5780011 at http://www.globalpost.com $3 tag sale find sells at Sotheby's for $2.23 million http://www.globalpost.com/dispatch/news/afp/130319/3-tag-sale-find-sells-at-sothebys-223-million <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A $3 tag sale buy has turned into a massive windfall for the lucky bargain hunter: the Chinese bowl sold for $2.23 million at an auction at Sotheby's on Tuesday.</p> <p>The small pottery bowl, finely crafted with an ivory glaze, turned out to be a thousand year old "Ding" bowl, dating from the Song dynasty, which ruled China from 960 to 1279.</p> <p>The only other similar bowl from the period known to exist has been on display at the British Museum for more than 60 years.</p> <p>After picking it up for a few dollars down the road in 2007, the buyer displayed it the living room.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130319/3-tag-sale-find-sells-at-sothebys-223-million" target="_blank">read more</a></p> Auctioneering Business USD AFP Tue, 19 Mar 2013 22:15:51 +0000 Agence France-Presse 5788226 at http://www.globalpost.com Mexico to France: stop that auction http://www.globalpost.com/dispatch/news/afp/130321/mexico-france-stop-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Mexico has asked France to withdraw 130 Mexican pieces from an auction planned this week in Paris at Sotheby's, including 51 from the pre-Hispanic era.</p> <p>Auctions like this "strip these unique and priceless goods of their cultural, historic and symbolic essence, turning them into merchandise or mere novelties," the National Institute of Anthropology and History said.</p> <p>The Mexican government has been opposed to the auction since it saw the catalog for it. The sale is scheduled for Friday and Saturday.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130321/mexico-france-stop-auction" target="_blank">read more</a></p> Auctioneering Business AFP Thu, 21 Mar 2013 07:30:31 +0000 Agence France-Presse 5789568 at http://www.globalpost.com Chinese bowl found at garage sale fetches over 1.46 million pounds at auction http://www.globalpost.com/dispatch/news/thomson-reuters/130325/chinese-bowl-found-at-garage-sale-fetches-over-146-million-poun <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>NEW YORK (Reuters) - A 1,000-year-old Chinese bowl that was bought for a few dollars at a garage sale in New York state sold for more than1.46 million pounds at auction on Tuesday.</p> <p>An unnamed New York family bought the "Ding" bowl, which is from the Northern Song Dynasty, for no more than 2 pounds in 2007 and displayed it on a mantelpiece with no idea as to its real worth, Sotheby's said.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130325/chinese-bowl-found-at-garage-sale-fetches-over-146-million-poun" target="_blank">read more</a></p> Auctioneering Business Sotheby's Thomson Reuters Mon, 25 Mar 2013 18:16:03 +0000 Thomson Reuters 5793489 at http://www.globalpost.com Italian bond rates slightly lower in 10-year auction http://www.globalpost.com/dispatch/news/afp/130327/italian-bond-rates-slightly-lower-10-year-auction-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian borrowing rates fell slightly in a 10-year debt auction on Wednesday, despite concerns over a political deadlock in the recession-hit country following inconclusive elections.</p> <p>The government raised three billion euros ($3.8 billion) in bonds due to mature in 2023 at a rate of 4.66 percent, compared with 4.83 percent at the last similar auction on February 27.</p> <p>However, rates were slightly up on five-year bonds.</p> <p>Italy raised 3.91 billion euros in paper due to mature in 2018 at a rate of 3.65 percent, compared to 3.59 percent in the previous comparable sale.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130327/italian-bond-rates-slightly-lower-10-year-auction-0" target="_blank">read more</a></p> Auction theory Auctioneering Bond AFP Wed, 27 Mar 2013 15:00:45 +0000 Agence France-Presse 5795350 at http://www.globalpost.com Contract officers sent packing http://www.globalpost.com/dispatch/news/asianet/130403/contract-officers-sent-packing <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Asianet </div> </div> </div> <!--paging_filter--><p></p><P> The caretaker Punjab government besides closing the 1-Club and 3-Club offices on Monday sent the consultants and officers appointed on contract by the previous regime packing.</p><P>Sources in the chief minister secretariat told that the staff and fleet of vans also returned back to the concerned departments.</p><P>The consultants and officers relieved of their duties include Rafih Alam, Sibtain Fazal Haleem, Raja Muhammad Anwer, Imran Amjad, Dr Muhammad Rizwan, Iftikhar Qutab, Kamran Lashari and others.</p><P>Auction: The Lahore Development Authority (LDA) will auction 58 plots tomorrow (</p> <p><a href="http://www.globalpost.com/dispatch/news/asianet/130403/contract-officers-sent-packing" target="_blank">read more</a></p> Administrative units of Pakistan Auctioneering Geography of Pakistan Human Interest Technology Asianet Wed, 03 Apr 2013 16:47:07 +0000 Asianet 5800652 at http://www.globalpost.com LDA auctions 28 properties for Rs 354.153m http://www.globalpost.com/dispatch/news/asianet/130404/lda-auctions-28-properties-rs-354153m <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Asianet </div> </div> </div> <!--paging_filter--><p></p><P> A total of 28 properties, including 25 commercial plots, one residential plot of block F One Johar Town and two residential plots of Venus Housing Scheme (Private) were auctioned against a sum of Rs.354.153 million by the Lahore Development Authority on Wednesday.</p><P>Open auction of 55 residential and commercial plots of different housing schemes was held in LDA Community Centre, 239-A, New Muslim Town which was participated by 113 bidders who had deposited earnest money for this purpose.</p> <p><a href="http://www.globalpost.com/dispatch/news/asianet/130404/lda-auctions-28-properties-rs-354153m" target="_blank">read more</a></p> Auction Auction theory Auctioneering Technology Asianet Thu, 04 Apr 2013 20:05:25 +0000 Asianet 5802283 at http://www.globalpost.com Chinese bowl fetches record price in Hong Kong http://www.globalpost.com/dispatch/news/afp/130409/chinese-bowl-fetches-record-price-in-hong-kong <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A rare red "lotus bowl" from the Chinese emperor Kangxi period of 1662-1722 has been sold for an eye-popping $9.5 million at a Hong Kong sale, auction house Sotheby's said.</p> <p>The price set a new world record for any Chinese porcelain from the Kangxi period during the Qing dynasty after it was bought by a Hong Kong ceramics dealer for HK$74 million ($9.5 million), Sotheby's said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130409/chinese-bowl-fetches-record-price-in-hong-kong" target="_blank">read more</a></p> Auctioneering Business Sotheby's AFP Tue, 09 Apr 2013 11:04:00 +0000 Agence France-Presse 5806729 at http://www.globalpost.com