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A haunting 1940 self-portrait by famed Mexican artist Frida Kahlo sold Thursday for $54.7 million and became the top-selling work by any female artist at an auction. The painting of Kahlo asleep in a bed — titled “El sueño (La cama)” or in English, “The Dream (The Bed)” — surpassed the record held by Georgia O’Keeffe’s “Jimson Weed/White Flower … Read more
An exceptionally-rare blue diamond went under the hammer in Geneva late Tuesday, selling for $21.5 million, Sotheby’s auction house said. “The Mediterranean Blue”, a fancy vivid blue diamond weighing 10.3 carats with an estimated value of $20 million, attracted an intense bidding battle. Bidding began at nine million Swiss francs ($10.8 million), with a fierce … Read more
Watch collectors from around the world tuned in for a very special auction this past Sunday—but no lucky bidder took home the crown jewel of Rolexes. One day, an ultra-wealthy Gen Zer might have a shot at the rare investment. A 1999 platinum Rolex Daytona went up for sale at the Sotheby’s Geneva event on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sotheby’s has axed its ecommerce business in mainland China less than two years after the auction house committed to expanding its online capabilities there for instant purchases of fine art and luxury items. Three people … Read more
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