Angry art collector takes legal action against Sotheby’s regarding buyback agreement for a potentially fake $1.5M Modigliani painting
Sotheby’s Sued by Art Collector Over Alleged Fake Painting An art collector has filed a lawsuit against Sotheby’s, claiming the auction house is backing out of a deal to buy back a $1.5 million painting that might not be real. Charles Kahn, the investor, alleges that in 2003, Sotheby’s sold him “Portrait of Leopold Zborowski,” […]
Watch worn by ‘Titanic’ actor Bill Paxton to go up for auction as part of Sotheby’s ‘Important Watches’ sale in December
Two watches associated with the movie “Titanic” and the wreck site will be auctioned off during Sotheby's “Important Watches” sale in December. The RMS Titanic struck an iceberg on April 15, 1912 and tragically sank in the North Atlantic Ocean. Approximately 1,500 people lost their lives when the ship sank. Titanic: Why the world remains […]
Sotheby’s to auction painting by humanoid robot in a futuristic first
She's the real Vincent Van Gobot. In a first for Sotheby's, the famous auction house will sell a painting created by a humanoid robot, which is expected to fetch a whopping $180,000. The robot, known as Ai-Da, used its unique hydraulically powered hand to create a painting titled “AI God” by renowned mathematician and computer […]
‘Virtually complete’ Stegosaurus fossil to be auctioned at Sotheby’s geek week | Dinosaurs
The largest and most complete stegosaurus fossil ever found will be the centrepiece of Sotheby’s Geek Week auction this summer, and is expected to fetch up to $6 million (£4.7 million). Nicknamed “Apex,” the “nearly complete” fossil, measuring more than 11 feet tall and 20 feet long, is more than 30 percent larger than “Sophie,” […]
Sotheby’s bets on sports with auctions of Jordan shoes, Bryant jersey
Sotheby’s is moving further into the world of sports with its first-ever Sports Week, where the auction house has auctioned off Michael Jordan’s game-worn Air Jordan 11, Kobe Bryant’s jersey, Muhammad Ali’s combat trunks, and more. is scheduled to be put up for auction. The company announced Wednesday that a series of auctions featuring notable […]
Dmitry Rybolovlev sued Sotheby’s for fraud, ended in ruin
It is far from Perm, Russia. The harsh town in the Ural Mountains, 900 miles east of Moscow, was once known as the “Gateway to the Gulag” and was the stronghold of the Soviet Union. the most terrifying labor camp For political prisoners – to Monte Carlo. Dmitry Rybolovlev was a 22-year-old medical student when […]
Sotheby’s defeats Russian oligarch in art fraud case
A federal jury on Tuesday ruled in favor of Sotheby’s in a case in which Russian billionaire Dmitry Rybolovlev accused the auction house of defrauding him of tens of millions of dollars from art sales. Mr. Rybolovlev claimed that Sotheby’s colluded with Swiss art dealer Yves Bouvier to sell four items, including the Christ statue […]
Russian oligarch sues Sotheby’s after he was ‘overcharged by $1 billion’
A Russian oligarch said to be worth more than $6 billion has claimed that a well-known auction house deceived his art dealers into buying more than a dozen rare works of art for $1 billion more than their actual value. He is suing Sotheby's in court, claiming that he was Dmitry Rybolovlev, who made his […]