News about auction

S. Korean strongman's art collection sold to pay fines

Art works confiscated from the family of former South Korean dictator Chun Doo-Hwan have been auctioned to pay multi-million-dollar fines imposed for bribes the disgraced military strongman received in office.
13 March 2014 18:08

Australia's first banknote going under hammer

The only known specimen of the first official banknote issued in Australia, uncovered in Scotland, is expected to fetch at least Aus$250,000 (US$224,000) at an auction in Sydney this month.
12 March 2014 14:23

New York to auction world's most famous stamp

The world's most famous postage stamp, a tiny piece of British colonial memorabilia from 19th century South America, is going under the hammer in New York for $10 to $20 million.
15 February 2014 14:10

Auction record smashed for Spanish cubist artist Gris

Juan Gris's Cubist still life "Nature Morte a la Nappe a Carreaux" ("The Checked Tablecloth") sold for £34.8 million at a London sale Tuesday, smashing the auction record for the Spanish artist.
05 February 2014 17:24

New York to auction art looted by Hitler deputy

Four Old Masters stolen by the Nazis, including Hitler's deputy Hermann Goering, go under the hammer in New York this week where they are expected to fetch up to $1 million.
28 January 2014 16:16

Zimmerman painting sells for $100,000

A painting by George Zimmerman, whose fatal 2012 shooting of a black teenager triggered an outcry across the United States, sold for just over $100,000 on eBay.
24 December 2013 18:31

Once-stolen Stradivarius sells for £1.3 million

A rare Stradivarius violin, which was once stolen and offered for just £100 ($162, 118 euros) by thieves, sold at auction in Britain on Wednesday for £1.3 million ($2.3 million, 1.6 million euros).
19 December 2013 14:57

Odebrecht wins auction for part of key Brazil highway

Engineering giant Odebrecht on Wednesday won the right to operate a 855-kilometer (534-mile) stretch of highway in Brazil's key central grain-producing region of Mato Grosso, authorities said.
28 November 2013 13:20

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