Auctions of King Charles bank notes raise $1.2 billion for charity

Auctions of King Charles bank notes raise .2 billion for charity

A person holds some of the newly released banknotes, featuring the King’s portrait, outside the Bank of England, London. Lucy North – Pa Images | Pa Images | Getty Images LONDON — Auctions of King Charles III bank notes with low serial numbers have raised £914,127 ($1.17 million) for charity, according to the Bank of … Read more

Citadel’s Ken Griffin buys a stegosaurus for $45 million in a record auction sale

Citadel’s Ken Griffin buys a stegosaurus for  million in a record auction sale

People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City. Alexi Rosenfeld | Getty Images Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s on Wednesday, marking the most valuable fossil ever … Read more

Younger generations of Asians are spending big on art

Younger generations of Asians are spending big on art

Younger, wealthy shoppers in Asia are splashing their cash on art, according to a longtime collector and senior auction house executive. Nicolas Chow, Sotheby’s chairman for Asia, said more than 40% of its buyers of contemporary art are millennials (born between 1981 and 1996), while Gen X (1965 to 1980) are also likely to be … Read more

Sotheby’s, Fanatics team up to offer rare sports trading card auctions

Sotheby’s, Fanatics team up to offer rare sports trading card auctions

A 1948 Leaf #79 Jackie Robinson card, which is the only true rookie card of the sports icon. Fanatics Fanatics wants to expand the sports trading card industry. Now it’s aiming to meet high-end collectors through a new partnership with Sotheby’s that will create a collection of auctions for trading cards valued at more than … Read more

Asia’s young and rich are fueling art demand — what are they collecting?

Asia’s young and rich are fueling art demand — what are they collecting?

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in Paris on May 18, 2022. Emmanuel Dunand | Afp | Getty Images Wealthy, young collectors in Asia have been fueling demand for art — particularly … Read more