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Auctions

All articles tagged with #auctions

Turks and Caicos Beachfront Villa Heads to No-Reserve Auction at $50M
real-estate1 month ago

Turks and Caicos Beachfront Villa Heads to No-Reserve Auction at $50M

Fabrice Grinda’s Triton Luxury Villa in Turks and Caicos — a 7-acre, 18,300-square-foot estate with 15 bedrooms, a main house, four guest bungalows, staff housing, four sport courts, two pools and planned solar panels — is heading to a no-reserve live auction on April 17 for $50 million, after Grinda bought it in 2019 for $11.5 million and spent more than $30 million renovating; the property has hosted reality-TV casts and has nightly rentals around $8,000, with the listing originally asking $30 million in 2022 before moving to auction to speed sale.

Vanthournout Collection Headlines Christie’s Modern Visionaries Series
art2 months ago

Vanthournout Collection Headlines Christie’s Modern Visionaries Series

Christie’s features the Roger & Josette Vanthournout Collection as the centerpiece of its Modern Visionaries sale in London, spanning Surrealism to Post-War avant-garde with works by Magritte, Ernst, Kusama and others; the collection is being presented in three dedicated auctions — Evening Sale on March 5, Day Sale on March 6, and an online sale running Feb 25–Mar 10, 2026 — with global previews in Brussels, Hong Kong, New York and Paris.

Historic Pre-Revolutionary Silver Coin Fetches $2.52M at Auction
history1 year ago

Historic Pre-Revolutionary Silver Coin Fetches $2.52M at Auction

A rare 17th-century American silver threepence coin, struck in 1652 at the Boston Mint, has sold for a record $2.52 million at auction. Discovered in an old cabinet in Amsterdam in 2016, the coin is one of only two known surviving specimens and is notable for its historical significance, representing New England's early defiance of British authority. The coin's sale highlights its rarity and the growing interest in early American numismatics.

"Maximize Your Experience: Bidding on Choice Privileges"
travel2 years ago

"Maximize Your Experience: Bidding on Choice Privileges"

Choice Privileges has launched an auction site where members can bid on various experiences using their points. The initial selection includes packages such as Detroit Red Wings tickets and a Chicago Bulls game, with bidding extending the auction end time by 5 minutes. Some pricing inconsistencies have been noted, but the potential for great opportunities with Choice points makes these auctions exciting for members to keep an eye on in the coming months.

"Mark Knopfler's Guitar Collection Fetches Record $11 Million at Auction"
music-auctions2 years ago

"Mark Knopfler's Guitar Collection Fetches Record $11 Million at Auction"

The most expensive guitars sold at auction include iconic instruments used by legendary musicians such as Eric Clapton, Bob Dylan, David Gilmour, Elvis Presley, Kurt Cobain, John Lennon, and more. The list features guitars with historical significance, including those used in famous performances and recordings, with prices ranging from $959,000 to a record-breaking $6,010,000 for Kurt Cobain's Martin D-18E from Nirvana's MTV Unplugged performance.

automotive2 years ago

"Used Car Prices: Historic Plunge in 2023, Stabilization Expected in 2024"

Used car wholesale prices have dropped by 53% from their pandemic peak, while retail prices have only fallen by 36%. Auction prices fell 0.5% in December, and the Manheim Used Vehicle Value Index has dropped by 20.9% from its peak in May 2022. Despite rising inventories, prices continue to decline, indicating that consumers are on a buyers' strike. The historic plunge in prices is attributed to dealers being more cautious about overpaying and consumers being less willing to pay inflated prices.

"Markets Brace for $164 Billion Challenge"
business2 years ago

"Markets Brace for $164 Billion Challenge"

The US government is set to test the appetite for its debt with auctions of $164 billion scheduled for this week. Concerns are rising that the market may struggle to absorb the flood of securities, as US debt and deficits continue to increase. The auctions come ahead of the US Federal Reserve Board's Open Market Committee meeting, where projections for the US economy and indications of future rate cuts will be closely watched. The changing nature of prospective buyers and the withdrawal of demand from the Federal Reserve and offshore investors have increased the reliance on US domestic investors to fill the gap. However, if demand weakens, the US may have to pay a premium to attract buyers, leading to higher interest costs and a larger deficit. Ultimately, the US will need to address its finances and reduce deficits to avoid potential financial stress in the bond market.

"The Record-Breaking Photo: Unveiling the World's Highest Grossing Image"
arts-and-culture2 years ago

"The Record-Breaking Photo: Unveiling the World's Highest Grossing Image"

Ormond Gigli's photograph "Girls in the Windows" has become one of the most collected photographs in history, with over 600 signed and numbered copies sold over the last 30 years. The image, featuring models posing in the window frames of brownstones in Manhattan, has been offered at galleries worldwide and has been a popular item at auctions. With prices ranging from $15,000 to $30,000 per print, the photograph has potentially grossed around $12 million in total. The success of "Girls in the Windows" can be attributed to its unique sales strategy, which involved producing and selling a robust supply of prints in various sizes.

"Napoleon's Iconic Bicorne Hat Expected to Fetch Over €600,000 at Paris Auction"
auctions2 years ago

"Napoleon's Iconic Bicorne Hat Expected to Fetch Over €600,000 at Paris Auction"

A signature bicorne hat worn by Napoleon Bonaparte is expected to fetch over €600,000 at an auction in Fontainebleau, France. The hat, one of only a few authentic ones remaining, was worn by Napoleon with the ends pointing towards his shoulders, making it easier for his troops to spot him in battle. Other items in the auction include a silver plate looted from Napoleon's carriage after the Battle of Waterloo and a wooden vanity case containing personal belongings. The collection is part of industrialist Jean-Louis Noisiez's collection of Napoleonic memorabilia.

Rare German and Italian Classic Cars Set for Auction
auctions2 years ago

Rare German and Italian Classic Cars Set for Auction

An anonymous car collector from Bulgaria is auctioning off their Connoisseur Collection of German and Italian sports models and touring cars at RM Sotheby's Munich sale. The collection spans 47 years and includes rare and exceptional examples of various car types. Highlights include a 1955 BMW 501 "Sechszylinder" Cabriolet, a 1939 BMW 327/28 coupé, a 1936 BMW 319 two-seat sport cabriolet, a 1963 BMW 3200 CS, a 1954 Mercedes-Benz 220 coupé, a 1951 Mercedes-Benz 170 S Cabriolet A, a 1952 Mercedes-Benz 220 Cabriolet A, a 1971 Mercedes-Benz 280 SE 3.5 coupé, a 1963 Alfa Romeo Giulia 1600 Spider, a 1962 Alfa Romeo Giulietta Sprint, a 1967 Porsche 911 "Soft Window" Targa, and a 1986 Porsche 911 Carrera 3.2 Cabriolet.

US Treasury Announces Plans to Increase Bond Sales Amid Rising Debt and Rates
finance2 years ago

US Treasury Announces Plans to Increase Bond Sales Amid Rising Debt and Rates

The U.S. Department of the Treasury plans to offer $112 billion of Treasury securities to refund maturing notes and raise new cash from private investors. The securities include a 3-year note, a 10-year note, and a 30-year bond, which will be auctioned on specific dates in November. The Treasury intends to gradually increase coupon auction sizes in the upcoming quarter and continue evaluating adjustments based on borrowing needs. They also plan to increase auction sizes for 2-year, 5-year, 7-year, 10-year, and 30-year securities. Additionally, the Treasury plans to maintain TIPS auction sizes and implement modest reductions to short-dated bill auction sizes. They are actively evaluating the implementation of a regular buyback program in 2024.

"Rare Tractor and 56 White Porsches Up for Auction in Unique Collection"
auctions2 years ago

"Rare Tractor and 56 White Porsches Up for Auction in Unique Collection"

A 1959 Porsche Junior tractor is set to be auctioned alongside a collection of 56 white Porsches at RM Sotheby's. The tractor, built for vineyard use, features an adjustable track width and an Art Deco-style bodywork. Expected to sell for $50,000 to $75,000, the auction also includes a 2015 Porsche 918 'Weissach' Spyder and a 1993 Porsche 911 Carrera RSR 3.8, both finished in Grand Prix White and expected to fetch millions. The auction will take place on December 1-2, 2023.