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PABLO PICASSO once said, “Art washes away from the soul the dust of everyday life.” Some people, like children with cancer, don’t have the benefit of everyday life that they can shake dust from. Salcedo Auctions, through its subsidiary Gavel&Block, is helping out children with cancer through a benefit auction on July 20, in partnership with the IWantToShare Foundation.
NEW YORK — Move over Monet. Nike is hot on your heels.
COMPETING bids for a tiny abstract painting by Robert Ryman climbed higher and higher until — Bang! — the hammer came down on the 1963 canvas at £850,000 ($1.08 million), more than twice its low estimate.
ON JULY 20, Gavel&Block, a subsidiary brand of Salcedo Auctions that features both established artists and emerging talent, will mount a benefit auction in partnership with the IWantToShare Foundation, an organization which works with the Philippine General Hospital (PGH).
JUST 15 months after Peter Doig’s The Architect’s Home in the Ravine fetched $20 million at Sotheby’s, the landscape was back on the market.
IN A career defined by audacious takeovers, Patrick Drahi’s bid for Sotheby’s ranks as perhaps the most surprising of all.
AS PART of a commemoration of Gay Pride Month and the 50th anniversary of the Stonewall Riots, Swann Auction Galleries held its first ever Pride Sale on Thursday in New York.
NEW YORK — Madonna lost a court battle to keep a trove of intimate belongings including a pair of satin panties, a brush containing her hair, and a breakup letter from a former boyfriend, the late rapper Tupac Shakur, from heading to the auction block.
SALCEDO Auctions will hold its inaugural auction at its new headquarters at NEX Tower along Ayala Avenue in Makati on June 1.
PAINTINGS by Juan Luna and Felix Resurreccion Hidalgo fetched P9 million at Salcedo Auctions’ Important Philippine Art sale on March 9.
LONDON — A mural by elusive British street artist Banksy depicting a child enjoying falling snow that is in fact pollution from a burning bin has been sold for over £100,000 ($130,000) to a British art dealer.
PARIS -- A beaded dress worn by Catherine Deneuve when she first met Alfred Hitchcock in 1969 are among dozens of glamorous gowns up for auction next week in Paris, where the French actress is due to part with her Yves Saint Laurent collection.
EXCITEMENT filled the Enderun Tent as the live auction of the Harvest of Hope fundraising dinner began. The sale’s tempo started off at a stately pace, with auctioneers setting bid increments at P10,000. By the end of the run, guests were furiously bidding for “72 Hours in the World of Alain Ducasse,” with each paddle raise corresponding to a price increase of P100,000.
SALCEDO AUCTIONS celebrates the end of the year with fine art and collectibles at its year-end sale, Under the Tree: The Wish List. The sale offers 400 collectible pieces ranging from fine art, jewelry and timepieces to Philippine tribal art, antique furniture, rare books, prints, maps, and vintage memorabilia.
LONDON — Seven rare vintage posters of Mickey Mouse are expected to fetch thousands of dollars at an auction that coincides with the 90th anniversary of the cartoon character’s first film appearance.
MICHAEL JACKSON’s iconic black “Bad” jacket, which he wore on his first solo tour, sold for $298,000 late Saturday, about three times its original asking price, at a New York auction which featured items from music legends Prince, Madonna, John Lennon and others, officials announced.
PARIS — The first auction house to sell prints by Banksy since THAT auction two weeks ago does not anticipate another stunt like the one that shredded half a picture moments after the hammer fell. But, hey, if something were to happen? Great!
WHEN A private Asian collector bid an eye-popping $558,000 for a single bottle of 1945 Romanée-Conti at Sotheby’s sale this past Saturday in New York, a world record was smashed. This was not just the highest price ever reached for a 750 ml bottle of Burgundy, but also the highest for any bottle of wine ever at auction.
IN A chilly wine warehouse in the Bronx two weeks ago, a famous Portuguese wine maker pried ancient corks from five-gallon glass demijohns of 19th century Madeira. Was the wine inside still drinkable? Madeira ages longer than other wines, but 150-plus years?
A BOTTLE of rare 60-year-old Macallan could fetch a record price at a Bonhams Edinburgh auction on Wednesday (Thursday in Manila) as buyers show an unslakable thirst for limited-edition scotch whiskies.
HONG KONG — An abstract oil painting by Chinese-French master Zao Wou-Ki changed hands for HK$510.4 million ($65.2 million) at Sotheby’s on Sunday, more than 28 times its previous purchase price and setting a new record for any Asian work of art sold at auction.
THE College of St. Benilde-School of Design and Art’s Museum of Contemporary Art and Design (MCAD) is partnering with Leon Gallery for an auction-exhibition that aims to raise funds for the museum’s endeavours over the next three years.
The government accepted all bids for the reissued three-year Treasury bonds (T-bond) it offered on Wednesday, Aug. 29, as rates went up due to...
THE GOVERNMENT fully awarded P15 billion worth of five-year re-issued Treasury bonds (T-bonds) on Tuesday, Aug. 14. The yields climbed to 5.902%, from 5.592% in...
The government made a full award of the Treasury bills (T-bill) it auctioned off on Monday as rates slipped across all tenors. The Bureau of...
LOS ANGELES — Liza Minnelli’s signature Cabaret bowler hat, boots, and halter top vest fetched $81,250 at a Los Angeles auction, while her hand-annotated shooting script for the 1972 movie sold for $15,000, organizers Profiles in History said on Wednesday.
The government opted to fully reject all bids on the reissued 20-year Treasury bonds (T-bonds) it offered on Tuesday as the market preference is...
The government decided to reject all bids on the reissued seven-year Treasury bonds (T-bonds) it offered on Tuesday, July 17, as investors demanded higher...
The government decided to reject all bids on the reissued 10-year Treasury bonds (T-bonds) it offered on Tuesday, July 3, as investors demanded higher...
GOVERNMENT SECURITIES on offer this week will likely fetch higher yields amid likely tepid demand from investors following a fresh interest rate hike by the local central bank.
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