04 October, 2018

Auction World Round-Up

There will be an auction receiving a royal touch because Marie Antoinette's jewellery will be heading into an auction in Geneva, Switzerland. Held in private hands for over two centuries, what can bidders expect?

Banksy tore the internet into shreds when his artwork shredded itself after selling for seven-figures in an auction. 

Finally, a mansion is on the market for $159m. What does a house of that value even look like?

Marie Antoinette's Jewels in Auction

Marie Antoinette (1755-1793) was the last Queen of France before the French Revolution took place. It's said that before the Royal Family escaped, she placed her favourite belongings in a wooden box and smuggled it out of France. 

Eventually, the jewellery arrived in Vienna and ended up in the possession of the Bourbon Parma family.

Valued between $1.5 and $3m, the collection is made up of a 49-carat natural pearl and diamond pendant, necklaces, brooches and a monogram ring which contains strands of Marie Antoinette’s hair.

They are currently on display in Dubai (as of 11/10/18) and will be exhibited in Hong Kong, New York and London before the hammer comes down in November in Geneva. 

Banksy Artwork Self-Shreds?

"It appears we just got Banksy-ed". That was the apt statement from Alex Branczik, Head of Contemporary Art in Europe at Sotheby's.

'Girl With Balloon', a well-known painting by Banksy, became the story of an auction after it shredded itself when it sold for £1.04m in an auction. A bemused crowd witnessed the painting slowly shred itself before technicians took it down.

It's not been confirmed if Banksy was there but he posted a video on his social media captioned with Going, going, gone.

Another story of the night came from Jenny Saville who took home the accolade of the most expensive painting sold by a living female artist after a £9.25m sale for her artwork "Propped". 

$159m House in Auction - It Has 6 Waterfalls!

There's a mansion in Florida which is quite extraordinary. Think beyond luxury and then double it. We're talking bedroom furnishings in 22K gold and marble from South Africa.

Who wouldn't want it? Well, it's going into an auction with a value of $159m. Before you put your wallets back in your pockets, you do get a lot for your money. 

Trivia - the stairway took three years to make and cost $2m!

So, what does $159m buy you? A 26-foot cascade, 11 bedrooms, 22 bathrooms, 3D Max Cinema, 58,000 sq ft of space, space for 20+ cars and two yachts!

It's the brainchild of Robert Pereira, he has invested over $100m renovating this home into a palace inspired by Versailles in France. 

The Grand Maison is located on the 'Millionaire's Mile', so you'll live next to some luxury neighbours. The house goes under the hammer on 15th November 2018. What a story. 

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Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion
Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion
Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion
Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion
Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion
Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion
Auction Stories - Marie Antoinette's Jewels, Banksy Artwork and the $159m Mansion