30 November, 2018

Auction World - Gold, Romance and Theft

In this round-up, we explore the scaled model of a Ford GT completely adorned in 18k gold.

Heading over to Austria, a planned auction of a Renoir painting was thrown up in the air when thieves stole it from the auction house!

Finally, a rather collossal piece of the Eiffel Tower has been auctioned and went over twice its estimate.

I'm sure the winning bidder would be happy paying that amount for a piece of the most romantic stairs in the world!

Solid Gold Ford GT in Auction

Sotheby's gave a recent auction the midas touch by auctioning a two-toned 18k gold model of a 2006 Ford GT. Created by Ahee Jewellers, they are said to be 30 mins away from Ford's HQ!

The history of the 2006 Ford is one thing but the provenance indicates a descendant of the founder, Henry Ford, comissioned it.

When you take a close look at the 1/25 model, you'll immediately notice the sheer level of intricacy - it's incredible.

Taking several hundred hours to create, you can appreciate the level of detail and finesse. What's more is that you can interact with the car by opening the doors, engine and hood! 

But why a 2006 Ford GT? Well, the story is quite fascinating because it pays tribute to the Ford GT40. You know, the car which scored a hat-trick at the 1966 Le Mans and de-throned Ferrari? You can read more about that here: Le Mans Winning Ford GT40 MK II is up for Auction.

When the lifesized model came out, the car became a collector's item and sold out before you could put the kettle on.

The auction ended on 3rd December 2018 and was estimated to reach $30,000 - $40,000. Watch this space for the final price!

Eiffel Tower

Le Tour Eiffel (Eiffel Tower), was the story of an auction when a collossal 900kg section of its iconic staircase sold for €169,000!

Decommissioned in 1983, over 1,000 tonnes of the landmark was removed to make way for a much lighter elevator.

Visited by over 7m people each year, there were many who dared to climb up to one of the most romantic views in the world.

Although it's only 25 steps, the history is worth every penny! So much so that the price was over twice its estimate.

This isn't the only stairway to be auctioned.

In fact, 24 sections have been removed over the course of its history and they have sold for as much as €500,000! They can be found around the world in the USA, Japan and now the Middle East where the winning bidder lives.

I suppose they could break it up into smaller pieces and sell for a small fortune?

Renoir Painting Stolen!

A planned auction has transformed into disarray after a painting by Pierre-Auguste Renoir was stolen from Austrian auction house, Dorotheum.

The landscape called 'Golfe, mer, falaises vertes" -- or "Bay, Sea, Green Cliffs', is not one of Renoir's most coveted works but it was due to go under the hammer on Tuesday.

The painting was estimated to sell for €160,000 but now police are looking for three suspects who are said to have fled through different exits. 

The worst part of this news is that when an artwork is stolen, it becomes 'hot property'. This can result in the artwork being destroyed as it's almost impossible to sell. 

This isn't the first Renoir to be stolen. 

In 2011, 'Madeleine Leaning on Her Elbow with Flowers in Her Hair' was stolen from a home in Houston which was valued at $1m.

Of course, this pales in comparison to the $500m Art Heist which you can read more of here: Unsolved Crimes: The $500m Art Heist.

What was your favourite story? Hit the share button and let us know!

 
Share
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned
Auction Round-Up: Renoir Painting Stolen, 18k Gold Scale Car and Eiffel Tower Staircase Auctioned