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Contributors

Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 

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Cameras

Eisenstadt’s ‘Kiss In Times Square’ Leica To Sell

April 22, 2013

Better than any other, the image conveyed America’s joy and relief at the end of World War II. Now the Leica camera that famed photographer Alfred Eisenstadt used to capture a couple kissing in Times Square will be offered for sale in a German auction. When the Leica III rangefinder crosses the block at WesttLicht’s Photographica auction on May 24 in Vienna, it’s expected to sell for $26,000-$32,000.

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Another Leica Auction, More Records

November 27, 2012

Just a few days after a circa-1930 Leica Luxus 1 realized almost $1m in Hong Kong, another vintage Leica once owned by American photographer David Douglas Duncan has sold for $2.19m at an auction in Vienna. The 1955 black M3D, built especially for Duncan by the factory, was one of only four manufactured and set a record for a commercially produced camera.

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Vintage Leica Sells For $974,900

November 26, 2012

The $974,900 that a buyer paid in Hong Kong for a circa 1930 Luxus 1 wasn’t the highest price every paid for a Leica. That distinction belongs to a 1923 Leica prototype, which sold last May for $2.3m. It was, however, a world auction record for this model, and a considerable surprise, as its final price was some seven times higher than Bonhams’ estimate.

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Bonhams’–And Asia’s–First Auction Of Leicas

October 17, 2012

When a 1923 Leica prototype sold last May for a record $2.8m, it established beyond all doubt that for collectors of vintage cameras, Leicas are the Holy Grail. Given the still growing passion for the cameras, it was only a matter of time before Asia, home to such familiar brands as Sony and Canon, caught the fever. Now Bonhams has announced it will take the temperature of that enthusiasm with its—and Asia’s–first auction dedicated to Leica cameras and accessories, set to take place in Hong Kong on November 23rd.

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What’s The World’s Most Expensive Camera?

May 14, 2012

An anonymous buyer paid a record $2.8m for a 1923 Leica camera this past weekend in Vienna. The ultra-rare O-Series was one of just 12 surviving test versions that Leica produced before introducing the series commercially in 1925. The final price was some 7 times higher than the estimate.

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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.
    • see more...

    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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