CALIFORNIA | LOCAL
August 19, 1997 |
Some came to Sotheby's on Monday to admire the fine silverware and porcelain. Others wanted to peek into the intimate world of a couple at the center of this century's ultimate royal scandal. But among those who studied the cherished possessions that once decorated the French mansion of the Duke and Duchess of Windsor, few intended to buy anything.
November 23, 2001 |
Arriving for his trial one morning this week, A. Alfred Taubman hugged a family member, nodded toward the courtroom and offered his appraisal: "She's been quite an actress--amazing." The 76-year-old former billionaire chairman of Sotheby's auction house was not speaking of actress Sigourney Weaver, who has taken in some of the proceedings to prepare for a TV movie on the case. Taubman's review was directed at his former protegee and CEO at Sotheby's, Diana D.
April 17, 2008 |
A Faberge icon of Jesus Christ in a silver frame studded with rubies, sapphires, pearls and emeralds sold today for $780,000, more than five times its high estimate, at a Sotheby's auction in New York. A Moscow dealer in the room lost to a telephone bidder in a drawn-out, five-minute battle for the icon, made in about 1900. The icon was the most expensive lot in Wednesday's sale of Faberge items, imperial porcelain, icons, bronzes and enamels. On Tuesday, Sotheby's sold $36 million of Russian 19th and 20th century paintings.
November 8, 1991 |
As the final gavel fell in a three-day marathon of Impressionist and modern art auctions and the last registered bidders turned in their numbered paddles, observers puzzled over the state of the market. Had prices finally bottomed out at pre-boom levels, as some auction house officials contended? Was this week the beginning of an upswing? Or is any attempt to put a happy face on the high end of the art market just a desperate public-relations gesture?
March 12, 2003 |
In what could be the last chapter of years of legal trouble, Christie's and Sotheby's, the world's largest auction houses, have agreed to pay $20 million each to resolve antitrust claims by customers outside the United States. The proposed settlement, which must be approved by U.S. courts, stems from a criminal case in which former Sotheby's Chairman A. Alfred Taubman was convicted of conspiring with former Christie's chief Anthony J.
November 30, 2001 |
Attorneys for A. Alfred Taubman rested their case at his federal price-fixing trial here Thursday without calling the former Sotheby's chairman as a witness in his own defense. Instead, the defense relied on the testimony of present and former officials of the auction house to describe the 76-year-old Taubman as a man more interested in the guest list of parties than the financial details of his business, and a man who sometimes dozed at board meetings.
March 2, 2000 |
Sotheby's has overhauled its auction commissions, matching rival Christie's new rates as the two New York auction houses face a federal antitrust investigation. Sotheby's lowered fees on Internet sales and raised some of the commissions it charges buyers at live auctions. The changes make Sotheby's more expensive than its rival for purchases under $15,000 and Christie's more expensive for purchases that cost $15,000 to $80,000.
November 1, 1991 |
Recession or not, here comes another auction season. Sotheby's and Christie's New York auction houses are set to sell about $150 million of Impressionist and modern art Tuesday through Thursday and an additional $90 million of contemporary art the following week. There's a $10-million Leger, a $9-million Pissarro, a $7-million Johns and a $6-million Mondrian--all for the taking by anyone who has the credit or the cash. But, as an undeniable sign of the times, there is no $82.
April 24, 1992 |
New York's spring auction season will be a buyer's market, and Sotheby's is prepared for every last collector who has as little as $10,000 or as much as $3 million to spend on art. If that leaves you out, you can still have the fun of perusing a free auction preview exhibition at Sotheby's Beverly Hills showroom, 308 N. Rodeo Drive, today and Saturday, 10 a.m.-4 p.m., and on Sunday, 11 a.m.-4 p.m.