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Claude Monet 'Water Lilies'. Photo courtesy of wikiart.org
Claude Monet 'Water Lilies' painting sells for $54 million

An iconic "Water Lilies" painting by French artist Claude Monet sold for £31.7 million ($54 million, 39.7 million euros) at a London sale, the second-highest sum paid for his work on record.

Claude Monet 'Water Lilies' painting sells for $54 million
Stamp sells for record $9.5 million in New York

An incredibly rare 19th century postage stamp, a tiny one-cent magenta from British colonial Guyana, sold for a world record $9.5 million at a New York auction.

Stamp sells for record $9.5 million in New York
Banksy retrospective going on show in London

The first -- and unauthorised -- retrospective exhibition of works by the elusive British graffiti artist Banksy is going on show in London next week ahead of a major auction sale.

Banksy retrospective going on show in London
Amedeo Modigliani’s Portrait of Paul Alexandre. Photo courtesy of wikiart.org
Modigliani painting sells at auction for 13.5 mn euros

A painting by Italian artist Amedeo Modigliani sold at an auction in Paris Wednesday for 13.5 million euros ($18.3 million), a record for the artist's work in France, auction house Sotheby's announced.

Modigliani painting sells at auction for 13.5 mn euros
Graff Vivid Diamond. Photo courtesy of forbes.com
100-carat yellow diamond fetches $16 million at auction

A 100-carat yellow diamond sold for 14.5 million Swiss francs ($16.3 million,11.9 million euros) at auction in Geneva.

100-carat yellow diamond fetches $16 million at auction
Dan Loeb. Photo courtesy of businessinsider.com
Sotheby's gives Loeb board seats, avoiding showdown

Sotheby's agreed Monday to appoint hedge fund activist Dan Loeb and two allies to its board, averting a shareholder vote over the direction of the prestigious fine art auctioneer.

Sotheby's gives Loeb board seats, avoiding showdown
Ming-era 'chicken cup' breaks record for Chinese porcelain

A rare Ming-era wine cup broke the world auction record for any Chinese porcelain on Tuesday, selling in Hong Kong for $36.05 million to Shanghai tycoon Liu Yiqian, Sotheby's auction house said.

Ming-era 'chicken cup' breaks record for Chinese porcelain
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.

New York to auction art looted by Hitler deputy
Pablo Picasso's 'Sylvette'. ©Reuters/Mike Segar
$1mn Picasso yours for just $135

Still stumped for a Christmas present? Then what about an exquisite $1 million Picasso for the living room, yours for just $135 at an online charity raffle.

$1mn Picasso yours for just $135
$3 tag sale find sells at Sotheby's for $2.23 million

A $3 tag sale buy has turned into a massive windfall for the lucky bargain hunter: the Chinese bowl sold for $2.23 million at an auction at Sotheby's.

$3 tag sale find sells at Sotheby's for $2.23 million

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