15 November, 2018

Record Sales Galore

Do you remember that mansion that was adorned in everything you can think of? It was listed for $159m and was finally sold in an auction!

It was a fit for royalty. Speaking of royalty, Marie Antoinette, the last Queen of France, smuggled her jewellery out of France before the impending French revolution. They were privately kept for over 200 years before they were consigned to an auction.

With the top lot, a diamond pendant that supports a natural pearl, selling for $36,165,090, it set a new record for a natural pearl and left its $1m-$2m estimate back in the 1700s.

What else happened in the auction world?

Golden Globe Belonging to Marilyn Monroe Sells for New Record

In 1962, Marilyn Monroe won the Henrietta Award for World Film Favourite. This isn't your average award, it's been won by numerous Hollywood icons such as John Travolta, Jane Fonda, Roger Moore, Marlon Brando, Sean Connery and more!

Marilyn Monroe's award was consigned to auction and ended up setting a new record for a Golden Globe! It hammered in at $250k.

Also selling in the auction was her 1956 Ford Thunderbird which fetched $490,000 and a pair of earing that went for over $10,000. 

Finally, a Playboy magazine, signed by Hugh Hefner, which features Marilyn sold for $32,000 over the two-day auction.

Pink Legacy Sells for Over $50m

Renowned for being one of the most 'chemically pure' pink gems in the world, the Pink Legacy has sold in auction for over $50m.

This diamond now boasts the record for the most price per carat paid for a pink diamond.

Weighing 19 carats, and in a rectangular cut style, it's the largest fancy vivid pink diamond to be auctioned.

Originally, Christie's expected between $30m and $50m. However, when buyers premium is added to the $44.5m sale, it will have eclipsed it. 

It's believed that Harry Winston was the winning bidder.

Hopper, Kooning and Hockney Record Art Sales

Edward Hopper was the talk of an auction after his artwork 'Chop Suey' sold for $91.875m.

Painted in 1929, it's one of his most famous paintings. Not far off its high estimate of $100m, it was the highlight of Barney Ebsworth art collection.

Trivia - The previous record for a Hopper painting was 'East Wind Over Weehawken' that sold for $40.4m.

What's even more remarkable is the fact that Ebsworth paid $180,00 for it in 1973!

William De Kooning, the Dutch abstract artist, was another highlight after 'Woman as Landscape' sold for $68.9m. This narrowly eclipsed the previous best of $66.3m for 'Untitled XXV'.

Finally, David Hockney now holds the record for the most expensive painting sold by a living artist! His painting 'Pool with Two Figures' sold for just over $90m at auction.

Surpassing its $80m estimate, the painting was subject to a fierce 10-minute bidding war between two bidders on the phone.

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Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record
Auction Round-Up: Monroe, $50m Pink Diamond and New Art Record