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High-End Diamonds Fail to Sell at Sotheby's Geneva Auction Sotheby's... Sothebya s failed to sell the top three diamond lots at its Magnificent Jewels Sale in Geneva Wednesday signalingA that the economic downturnA is impacting the high-end auction market. Sotheby's New York Evening Sale of Latin American Art Totals $16,797,875 The Evening Sale of Latin American Art at Sotheby's tonight brought $16,797,875. The highlight of the sale was Rufino Tamayo's impressive mural, entitled America, which sold to applause to a Private Collector ... Barclays Sues Ritchie Hedge Funds Over Investment in Failed Petters Group Barclays Bank Plc sued hedge fund manager Ritchie Capital Management and its principal, Thane Ritchie , accusing them of concealing more than $150 million in investments made in the collapsed Petters Group ... Teaching Commercial Art - Thomas Kinkade Reveals Formula 16 As the trailer shows above, the flick is based on the the artist Thomas Kinkade. "Easy money" seen dropping out of watch auction market Prices for luxury watches at auction fell this week as bidders with "easy money" vanished, leaving the market once again dominated by private collectors, Christie's said on Tuesday. Rufino Tamayo for sale at NYC auction A mural by Mexican artist Rufino Tamayo - 1 of 5 exhibited in the United States still in private hands - is being offered at a Manhattan auction of Latin American art. In faltering economy, auction houses crash back to earth Auction companies are cutting back on general expenses like lavish dinner parties, extravagant catalogues and travel that takes art around the world. Canadian Gallery Seeks $50 Million for `$5' Pollock Nixed by U.S. Dealers A start-up gallery along Toronto's beachfront, defying the global credit crisis, is asking $50 million for a disputed Jackson Pollock painting bought for $5 at a California thrift shop in 1992. Damien Hirst: 'My work's been overpriced' Damien Hirst has admitted that some of his work has been "overpriced". Pill popping glory: Beautiful Inside My Head Forever Photo: SOTHEBY'S The world's biggest-earning artist also welcomed the downturn that ... Sale-leaseback deals a path to success provided the prices are right A deal between KAR Holdings Inc. and First Industrial Realty Trust Inc. revved up the financial motors of both firms. Petters Co.: Many watchers, but no one watching A collective silence let Petters Company Inc. draw billions from investment funds despite lacking basic business documents. Currin Nudes Set $5.46 Million Record at Spotty Sotheby's Sale in New York Nov. 11 a 'a ' Sotheby's sold 68 percent of its contemporary artworks on the auction block tonight in New York as the sagging economy and struggling financial industry undermined art as an investment. Sotheby's New York Evening Sale of Contemporary Art Brings $125,131,500 At Sotheby's, the Evening sale of Contemporary Art brought $125,131,500 million . Petters rose quickly, fell faster In this Oct. 31, 2006 file photo, Shaun Nugent, right, Sun Country Airlines CEO, appears with Tom Petters at a news conference to announced that Petters Group and Whitebox Advisors had completed the acquisition ... Tiki price through the roof at Sotheby's auction BIG TICKET ITEM: The Maori tiki which sold for US$92,000, way over its estimated value of US$40,000. A greenstone tiki sold at an auction in New York today for US$92,000 more than US$40,000 above its estimated ... | ||
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