Sotheby's

Sotheby's International Realty Expands in California

Retrieved on: 
Thursday, March 7, 2024
International, Equal, Professional, Marketing, Growth, Sotheby's International Realty, City, Sotheby's

NEW YORK, March 7, 2024 /PRNewswire/ -- Sotheby's International Realty has announced that Vista Real Estate in Northern California has joined the network and will now operate as Shasta Sotheby's International Realty.

Key Points: 
  • NEW YORK, March 7, 2024 /PRNewswire/ -- Sotheby's International Realty has announced that Vista Real Estate in Northern California has joined the network and will now operate as Shasta Sotheby's International Realty.
  • Headquartered in Redding, California, Shasta Sotheby's International Realty will service four counties including Shasta County, Siskiyou County, Trinity County, and Tehama County.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

Retrieved on: 
Thursday, March 7, 2024
Bitcoin, Ethereum, Generative art, CDS, Investment, Growth, Version, Sale, Art, Health, Brexit, Century, Contemporary art, Taliban, Sotheby, Les Femmes, Uncertainty, COVID-19 pandemic, Auction, Fine art, Female, Art market, Sotheby's, Artificial intelligence, Contemporary history, China Poly Group, Annual report, Non-fungible token, PDF, NFT, Christie's, Internet

Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.

Key Points: 
  • Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.
  • The Contemporary art market has therefore increased 36-fold in 23 years, reflecting a historic phenomenon with Contemporary Art becoming a primary locomotive of the global art market.
  • Modern art remained the largest segment of the art market, accounting for 40% of its auction turnover revenue (compared with 38% in 2022).
  • When looked at over the longer term, it is clear that Brexit has negatively impacted the UK's art auction market.

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

Retrieved on: 
Thursday, March 7, 2024
Bitcoin, Ethereum, Generative art, CDS, Investment, Growth, Version, Sale, Art, Health, Brexit, Century, Contemporary art, Taliban, Sotheby, Les Femmes, Uncertainty, COVID-19 pandemic, Auction, Fine art, Female, Art market, Sotheby's, Artificial intelligence, Contemporary history, China Poly Group, Annual report, Non-fungible token, PDF, NFT, Christie's, Internet

Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.

Key Points: 
  • Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.
  • The Contemporary art market has therefore increased 36-fold in 23 years, reflecting a historic phenomenon with Contemporary Art becoming a primary locomotive of the global art market.
  • Modern art remained the largest segment of the art market, accounting for 40% of its auction turnover revenue (compared with 38% in 2022).
  • When looked at over the longer term, it is clear that Brexit has negatively impacted the UK's art auction market.

11 MoonSwatch Suitcases Are Sold at Sotheby's, Raising Over $600K for Orbis

Retrieved on: 
Tuesday, February 27, 2024
OMEGA, Hospital, CHF, Sotheby, MoonSwatch, Orbis International, Patient, MD-10, Sotheby's, Auction

This generous gift from OMEGA will contribute to Orbis's mission to build strong and sustainable eye care systems.

Key Points: 
  • This generous gift from OMEGA will contribute to Orbis's mission to build strong and sustainable eye care systems.
  • "I am incredibly grateful to OMEGA and their continued support of Orbis," said Derek Hodkey, President and CEO of Orbis International.
  • I even had the privilege to view one of the beautiful suitcases on display at the OMEGA store in New York City.
  • Orbis thanks OMEGA and everyone who took part in the auction and appreciates the great interest shown in the support of Orbis.

Artmarket.com: Artprice comments launch of FrenchArtFund investment fund, regulated by the AMF

Retrieved on: 
Monday, February 5, 2024
Visual arts, Public, Knowledge, Painting, Sotheby's, Centre Pompidou, Family, UCITS, News, Neuflize, Observation, Museum, Private banking, Christie's, Publication, Marketing, Investment, Collection, Friends, KPMG, LVMH, Art market, LES, Suggestion, Risk, Acquisition, AMF, Face, Cryptocurrency

A long-term investment in art produces and supports cultural and educational values that are different from traditional investments.

Key Points: 
  • A long-term investment in art produces and supports cultural and educational values that are different from traditional investments.
  • Investing in art is therefore not just an investment in a 'tangible' asset, it is also a fun and 'presentable' investment in our collective future."
  • Artprice: "Art is today widely considered as an alternative investment which not only offers high returns but also a low correlation to typical financial assets.
  • "I congratulate Olivier Bourdelas for the creation of the FrenchArtFund, the first Art Investment fund regulated by the AMF.

Artmarket.com: Artprice comments launch of FrenchArtFund investment fund, regulated by the AMF

Retrieved on: 
Monday, February 5, 2024
Visual arts, Public, Knowledge, Painting, Sotheby's, Centre Pompidou, Family, UCITS, News, Neuflize, Observation, Museum, Private banking, Christie's, Publication, Marketing, Investment, Collection, Friends, KPMG, LVMH, Art market, LES, Suggestion, Risk, Acquisition, AMF, Face, Cryptocurrency

A long-term investment in art produces and supports cultural and educational values that are different from traditional investments.

Key Points: 
  • A long-term investment in art produces and supports cultural and educational values that are different from traditional investments.
  • Investing in art is therefore not just an investment in a 'tangible' asset, it is also a fun and 'presentable' investment in our collective future."
  • Artprice: "Art is today widely considered as an alternative investment which not only offers high returns but also a low correlation to typical financial assets.
  • "I congratulate Olivier Bourdelas for the creation of the FrenchArtFund, the first Art Investment fund regulated by the AMF.

11 MoonSwatch Moonshine Gold suitcases to be auctioned at Sotheby's by OMEGA for Orbis

Retrieved on: 
Thursday, February 1, 2024
Boutique, Sotheby's, Hospital, OMEGA, Patient, MoonSwatch, Collection, Aviation, Planet, Orbis International, Omega Speedmaster, Gold, Auction

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Eye care nonprofit Orbis International announces it will receive 100% of the proceeds from 11 MoonSwatch Moonshine Gold suitcases being auctioned by long-term partner OMEGA through Sotheby's from February 12th to 24th.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Eye care nonprofit Orbis International announces it will receive 100% of the proceeds from 11 MoonSwatch Moonshine Gold suitcases being auctioned by long-term partner OMEGA through Sotheby's from February 12th to 24th.
  • Each suitcase contains all of the 11 OMEGA x Swatch "Mission to Moonshine Gold" timepieces.
  • Before the auction takes place, the 11 "Mission to Moonshine Gold" suitcases will go on display at 11 OMEGA Boutiques around the world from February 1st to 11th, including Boutiques in Zurich, Tokyo, Bangkok, Singapore, Hong Kong, Beijing, New York, London, Milan, Paris and Sydney.
  • These 11 watches each feature a seconds hand coated in 18K Moonshine™ Gold – a distinctive alloy created in-house at OMEGA that offers a more subtle and long-lasting form of yellow gold.

A unique Colnago available by auction at Sotheby's: discover the Motoki Yoshio x Colnago Matte version

Retrieved on: 
Wednesday, January 17, 2024
Campagnolo, Friends, C68, Ace, History, Sotheby, Sale, Sotheby's, Auction

MILAN, Jan. 17, 2024 /PRNewswire/ -- Colnago, the legendary bike manufacturer based in Cambiago, Milan, Italy, has opened the doors on some of the secrets of its bike manufacturing, in particular the paint process for limited edition or unique bikes.

Key Points: 
  • Colnago decided to unveil the Motoki Yoshio x Colnago Matte version, one of the paint schemes that led to the creation of the limited edition Motoki Yoshio x Colnago.
  • A unique bike that will be made available for auction at Sotheby's Dubai from 19-26 January 2024.
  • In November 2022 Colnago launched the C68 Road Motoki Yoshio x Colnago limited edition bike, born from the collaboration between the company of the Ace of Clubs and one of the most appreciated contemporary designers of the cycling industry: Motoki Yoshio, from Japan.
  • This frame, originally destined for one of the Colnago Executive Committee members himself, has now become a unique bicycle in size 51s, the Colnago C68 Road Motoki Yoshio x Colnago Matte.

GLOBAL SURVEY REVEALS AFFLUENT HOME SEEKERS EXPANDING REACHES AND SUSTAINABILITY IS TOP OF MIND

Retrieved on: 
Wednesday, January 10, 2024
UBS, Policy, Face, International, Brookings Institution, AI, Growth, Tax, Equal, Sotheby's, McKinsey & Company, Blockchain, Virtual reality, Marketing, City, Sotheby's International Realty

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Today, Sotheby's International Realty published its 2024 Luxury Outlook report, a comprehensive exploration into high-end real estate markets across the globe. Following several years of residential real estate frenzy, the report reveals that buyers have begun to acclimate to a new normal of higher interest rates, with high-end home seekers expanding their reaches to more parts of the world with Australia, Mexico, Saudi Arabia, and Turkey poised for growth. The report explores the trends shaping real estate investment decisions in the year ahead, from the intergenerational transfer of wealth, to pinpointing parts of the world where tax incentives are increasingly enticing.

Key Points: 
  • The Sotheby's International Realty 2024 Luxury Outlook report was compiled by surveying Sotheby's International Realty agents around the world who transact in the US$10M+ price category.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both entities are subsidiaries of Anywhere Real Estate Inc. (NYSE: HOUS) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Sotheby's International Realty Opens in Anguilla

Retrieved on: 
Wednesday, January 3, 2024
Marketing, Equal, Sotheby's, International, Sotheby's International Realty, Growth, Auction

NEW YORK, Jan. 3, 2024 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Anguilla Sotheby's International Realty.

Key Points: 
  • NEW YORK, Jan. 3, 2024 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Anguilla Sotheby's International Realty.
  • "The timing is perfect for Sotheby's International Realty to be entering Anguilla," said Reed.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.