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Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 

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19th Century European

How European Aristocrats Lived

April 11, 2011

Once, these objects filled the great houses of Europe’s aristocracy—items like a set of double-cased set of drawing instruments (est. $73,600-$114,400) that luxury goods maker Alphonse Giroux created in the 19th century for the Duchesse de Berry. Her collection forms the majority of the more than 1000 items that Sotheby’s will be offering in London later this week in a sale it’s calling “Noblesse Oblige.”

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Christie’s Will Sell Jeffrey Archer’s Art

March 30, 2011

Jeffrey Archer has been a man of many parts: best-selling author, member of British Parliament, lifetime peer, convicted felon. And art collector. Now that he’s turned 70, Archer said he’s winnowing his collection, from which Christie’s London will offer 150 works, expected to bring in some $8 million.

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Early N.C. Wyeth Up For Auction

January 25, 2011

Way back then, N.C. Wyeth traded one of his paintings for some work by a tradesman, according to Skinner Auctioneers. The work will be sold at their American & European Paintings&Prints sale in Boston on January 28th.

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European Masters At Christie’s

January 17, 2011

Encouraged by the results of its Old Masters sale last month in London, which saw a lot of bidding from Asia and new markets, Christie’s is anticipating keen international interest in its massive, two-day European Masters sale in New York, beginning on January 26. Over 300 examples of 14th-19th century art will be offered, including a scene of Venice by Luca Carlevarijs (1663-1739) that’s expected to fetch $3.5-$4.5 million.

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World Records At Christie’s Old Masters Sale

December 07, 2010

Carrying an estimate of $22.2-$31 million, a masterwork by Poussin had been the anticipated top lot at Christie’s Old Master & 19th Century art sale in London today. Although it failed to find a buyer, 9 other works sold for over $1 million, and 6 new world auction artist records were set on the way to a $39 million result.

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19th Century Painting Fetches 7 Times Estimate

November 05, 2010

The pre-sale estimate for the 19th century masterpiece had been $3-$5 million. After an eight minute bidding war, however, Sir Lawrence Alma-Tadema’s “The Finding of Moses” finally crossed the block at a stunning $35,922,500, more than seven times its high estimate. It was the standout at Sotheby’s New York sale yesterday of 19th Century European Art, which brought in a total of $61,536,125.

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    Recent Results

    • At Antiquorum's watch auction in Hong Kong, a Patek Philippe ref. 5074, with complications including a minute repeater with carilon, sold to an Asian collector for $574,791, the top price at the sale.
    • A block and shell mahogany bureau table, dated 1770, by noted colonial cabinet maker John Townsend has sold at Christie's for $2.2m, for than twice its $900,000 low estimate.
    • The '49 Buick Roadmaster featured in the 1988 "The Rainman" movie sells for $170,000.
    • The upright piano from the 1942 classic film "Casablanca"--the one on which Sam plays "As Times Goes By"-- sold for $602,500 at Sotheby's in New York.
    • "The Coachman," the iconic 1923 painting by Boris Kustodiev sold at Christie's Russian Art Auction for a record $7m.
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    Eye On: Taxes

    U.S. Taxes on art bought abroad

    Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.


    Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video


    Ask Alan A Question


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