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McLaren F1 breaks record at the Automobiles of London auction

A month ago, we wrote about the upcoming McLaren F1 auction to be held on Oct 29 by RM Auctions in association with Sotheby's. Partial, unconfirmed results are in through The McLaren F1 auction sets record with the £2,530,000 (~$4,194,234) hammer price Other high value sales at the same event include: 1965 Ferrari 250 LM Berlinetta - £2,255,000 (~$3,738,339) 1959 Ferrari 250 GT Tour de France - £2,255,000 (~$3,738,339) 1938 Bugatti Type 57C [...]

By | 2008-10-30T05:44:26-06:00 October 30th, 2008|Cars|6 Comments

Pigs might fly – second day of Damien Hirst’s auction

The second day of the Damien Hirst's auction fetched another stunning £40,919,700 ($73,409,941). Pigs Might Fly - 541,250 GBP ($971,002) Bill With Shark - sold for 313,250 GBP ($561,970) Oil on canvas, donated to the artist by the Bill and Melinda Gates Foundation It is sold on behalf of the Bill and Melinda Gates Foundation. Moments of weakness - 690,850 GBP ($1,234,963)

By | 2008-09-17T12:36:26-06:00 September 17th, 2008|Arts|0 Comments

McLaren F1 on the auction block on October 29

A 1997 McLaren F1 will be listed for sale during the "Automobiles of London" auction by RM Auctions on October 29. The 627 bhp F1 had held the record of the fastest production car for over a decade with the top speed of  243 miles per hour (391 km per hour). This 1997 McLaren has a pre-auction estimate price of 1,100,000 GBP-1,400,000 GBP ($1,971,310 - $2,508,940) Follow the auction on the RM Auctions site  [...]

By | 2008-09-14T10:15:11-06:00 September 14th, 2008|Cars|3 Comments

Russian Art Dominates London This Week

Christie's had a "Russian Art" auction event today in London, the same week Sotheby's is running its own between June 9 - 12. Probably not by accident, Christie's auction covers the same era, paintings and antiquities are mostly from the the early 19th through early 20th century. Below are a few million highlights in the one million dollars range. "France. Parc Montsouris. Chestnut tree" by Petr Konchalovsky (1876-1956) was sold for £577,250 (~$1,133,143) Christie's [...]

By | 2008-06-11T22:35:28-06:00 June 11th, 2008|Arts|2 Comments

Second Day of the “Russian Paintings” Auction Event at Sotheby’s

In the second day of the "Russian Painters" event by Sotheby's London auction house, the morning auction did not result in any million dollars sales. The highest hammer price was 325,250 GBP (~$630,627) and was paid for Mihaly Zichy's "Military Group Portrait". It was sold way above the pre-auction estimate of 20,000-30,000 GBP. Zichy is actually a Hungarian painter (born in Hungary in 1827 in the city of Zala ) but in 1847, he [...]

By | 2008-06-10T11:08:26-06:00 June 10th, 2008|Arts|0 Comments
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