Latest news with #Sotheby'sLondon
Associated Press
6 days ago
- Business
- Associated Press
Concierge Auctions Announces Success of its Global Sale at Sotheby's London
A magnificent villa, built by footballer Per Mertesacker, headlined the evening sale of marquee real estate offerings, achieving a record sale price in Germany 'The success of our live sales is a powerful indicator of the continued strength in the global luxury real estate market.'— Krystal Aeby NEW YORK, NY, UNITED STATES, May 30, 2025 / / -- Concierge Auctions, the largest luxury real estate auction house in the world, is pleased to announce the success of its Global Sale in London, which showcased a curated selection of premier luxury properties from across the globe. Culminating live 29 May at Sotheby's New Bond Street galleries in London, the sale achieved nearly $115 million in aggregate bids, including a record-breaking sale in Germany. From the esteemed Sotheby's London saleroom, the auction streamed live to the world on Select offerings will continue to close online throughout June. Properties were on public view at Sotheby's London, displayed alongside fine art, jewelry, watches, designer handbags, and more. An audience was in attendance as property connoisseurs competed on the telephone via a team of specialists and online. The event was conducted by Sotheby's auctioneer and Global Head of Whisky, Jonny Fowle. 'The success of our live sales is a powerful indicator of the continued strength in the global luxury real estate market,' said Krystal Aeby, President of Concierge Auctions. 'The results reflect not only the quality of the estates we represented, but also reaffirm what we're seeing across our platform: sophisticated buyers remain highly engaged, discerning, and ready to act when presented with rare opportunities. As we look ahead, we're more confident than ever in the appetite for curated, competitive sales—and excited to bring even more exceptional properties to market in the months to come.' The auction saw impressive competition, with property connoisseurs competing across North America and Europe, including 10 U.S. states: Texas, Georgia, Colorado, Illinois, Nevada, Ohio, New York, Michigan, Florida, and California. Headlining the evening sale was Wiehegrund 13, a magnificent split-level villa in Hannover, Germany, originally built by footballer Per Mertesacker and featuring three residences with premium amenities and panoramic terraces, achieved a sale price of €4.875 million in cooperation with Magda Provenzano of Sotheby's Hanover Germany. This marks the highest ever residential sale in Hannover. Facts and Figures from the Auction: - Nearly $115 million in aggregate online bids placed - 25% increase above average Starting Bid prices achieved - Record-breaking sale in Germany Further Auction Highlights: 3390 Mount Veeder Road, Segassia Vineyard®, a 15-acre Napa, California Green-certified estate known for its acclaimed Cabernet Sauvignon and a seismic-resilient guest house, resulted in a sale price of $1.96 million in cooperation with Kate Spadarotto of Sotheby's International Realty. PineHaven Sporting Ranch, located at 3160 Northeast 233Rd Trail, an Adirondack-inspired estate on 40 pristine Florida uplands near Palm Beach blending rustic warmth with luxury, generous entertaining spaces, and exclusive access to Pine Creek Sporting Club amenities achieved a sale price of $8.288 million in cooperation with Blaine 'Doc' Ellingson, Madison Collum, and James Sweat of Sotheby's International Realty. 55 Wind Dancer Lane, a Nick Fullerton-designed alpine home on 21 wooded acres in Big Sky, Montana, boasting floor-to-ceiling windows with stunning mountain views, Swarovski chandeliers, and an indoor pool, saw 7 bidders competing, achieving a sale price of $5.6 million in cooperation with Laura Sacchi of Big Sky Sotheby's International Realty. Concierge Auctions is accepting consignments for upcoming sales in its 2025 Sale 25 September, its 'Hong Kong Global Sale' will be held at The Upper House, a highly anticipated event featuring a selection of luxury properties showcased alongside similar marquee offerings. On 18 December, its 'New York Global Sale' will occur at the Pendry Manhattan West, offering a swarth of top-tier properties to high-net-worth buyers from across the globe. As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, each closing will result in the funding towards new homes built for families in need. Agents will be compensated according to the terms and conditions of the Listing Agreements. See Auction Terms and Conditions for full details. For more information, including property details, diligence documents, and more, visit or call +1.212.202.2940. About Concierge Auctions Concierge Auctions is the world's best luxury real estate auction marketplace, with state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby's, the world's premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry's leading brokerages to host luxury auctions for clients. For Sotheby's International Realty listings and companies, Concierge Auctions provides Sotheby's brand exclusivity as Sotheby's Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and sold properties in 46 U.S. states and 35 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit Kari Hegarty BerlinRosen +1 845-548-9216 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
SowetanLIVE
17-05-2025
- Entertainment
- SowetanLIVE
SA-born artist Marlene Dumas breaks record with R246m sale
A 1997 art piece painted by South African-born artist Marlene Dumas has sold for more than R230m at Christie's New York, setting a new benchmark for female artists in the 21st century art market. Dumas' provocative 2.74m-tall oil painting Miss January sold for a staggering $13.635m (R246.7m) on Wednesday, setting a new world record for a living female artist. The monumental portrait, a striking image of a blonde woman nude from the waist down, captivated collectors during the 21st Century Evening Sale held via Instagram Live and YouTube. Auctioneer Yü-Ge Wang, associate director and senior client adviser at Christie's, led the sale which saw fierce bidding and ultimately achieved a total of $96.5m (R1.75bn). An impressive 92% of lots were sold by number and 97% by value, with four artists breaking auction records: Louis Fratino, Simone Leigh, Emma McIntyre and Dumas. Dumas' record surpasses the previous benchmark held by British painter Jenny Saville, whose work Propped (1992) sold for £9.5m (R228m) at Sotheby's London in 2018. Despite this groundbreaking achievement, Dumas' sale still trails the record for a living male artist Jeff Koons' Rabbit (1986), which sold for $91.07m (R1.65bn) in 2019. Christie's reflected on Dumas' evolution as an artist, stating: 'Dumas started exploring and scrutinising the female form at age 10, with a drawing called Miss World' which depicted idolised glamour models. More than 30 years later, she returned to the subject with Miss January, a portrait that threads the line between revealing and concealing, and serves as perhaps the best example of her influential female portraiture.' Born in Cape Town in 1953, Dumas is based in the Netherlands, where she represented the country at the 1995 Venice Biennale and was later featured in the central pavilion in 2015.
TimesLIVE
16-05-2025
- Entertainment
- TimesLIVE
SA-born artist Marlene Dumas breaks record with R246m sale
A 1997 art piece painted by South African-born artist Marlene Dumas has sold for more than R230m at Christie's New York, setting a new benchmark for female artists in the 21st century art market. Dumas' provocative 2.74m-tall oil painting Miss January sold for a staggering $13.635m (R246.7m) on Wednesday, setting a new world record for a living female artist. The monumental portrait, a striking image of a blonde woman nude from the waist down, captivated collectors during the 21st Century Evening Sale held via Instagram Live and YouTube. Auctioneer Yü-Ge Wang, associate director and senior client adviser at Christie's, led the sale which saw fierce bidding and ultimately achieved a total of $96.5m (R1.75bn). An impressive 92% of lots were sold by number and 97% by value, with four artists breaking auction records: Louis Fratino, Simone Leigh, Emma McIntyre and Dumas. Dumas' record surpasses the previous benchmark held by British painter Jenny Saville, whose work Propped (1992) sold for £9.5m (R228m) at Sotheby's London in 2018. Despite this groundbreaking achievement, Dumas' sale still trails the record for a living male artist Jeff Koons' Rabbit (1986), which sold for $91.07m (R1.65bn) in 2019. Christie's reflected on Dumas' evolution as an artist, stating: 'Dumas started exploring and scrutinising the female form at age 10, with a drawing called Miss World ' which depicted idolised glamour models. More than 30 years later, she returned to the subject with Miss January, a portrait that threads the line between revealing and concealing, and serves as perhaps the best example of her influential female portraiture.' Born in Cape Town in 1953, Dumas is based in the Netherlands, where she represented the country at the 1995 Venice Biennale and was later featured in the central pavilion in 2015.
The South African
16-05-2025
- Entertainment
- The South African
Would you pay R246 million for this Marlene Dumas painting
In a proudly South Africa moment, Cape Town-born Marlene Dumas set a new auction record, becoming the most expensive living female artist after her 1997 painting Miss January sold for $13.6 million (R246 million) at Christie's this week. The artwork, a last-minute consignment from the Rubell Family Collection, had been estimated between $12 million and $18 million, with a third-party guarantee in place. Marlene Dumas's Miss January (1997) sold for $13.6 million, including fees. Image: Christie's Bidding opened at $9 million and quickly escalated, with the hammer coming down at $11.5 million (before fees), prompting applause in the saleroom. With fees, the final price reached $13.6 million. The winning bid came from an anonymous telephone buyer. The painting is a towering oil-on-canvas piece measuring approximately 9 feet tall (281.9cm x 101.6cm) and revisits themes deeply personal to Marlene Dumas, who has lived in the Netherlands since the late 1970s. It draws inspiration from Miss World , the first known drawing she created at age 10, and connects to her earlier works such as the 1988 Misinterpreted – widely seen as a self-portrait – and her 1992 survey exhibition Miss Interpreted at the Stedelijk Museum in Amsterdam. This sale surpasses the previous record for a living female artist, held by Jenny Saville, whose Propped (1992) fetched £9.5 million ($12.4 million) at Sotheby's London in 2018. Before this auction, Dumas's highest price was $6.33 million, achieved in 2008 for The Visitor (1995) at Sotheby's London. While her market has remained steady, only a handful of her works have crossed the $1 million mark in recent years. Between 2022 and 2024, 15 Dumas works were sold at auction, but only five exceeded $1 million, and just two surpassed their high estimates. The sale was also notable due to the rarity of deaccessions from the Rubell Family Collection, one of the most prominent in the world. According to past statements, the Rubells have sold fewer than 20 pieces out of more than 5 000 collected over five decades. Miss January was previously displayed at their private museum in Miami during Art Basel in December. Dumas's historic result reaffirms her global significance and places her firmly at the top of the contemporary art market. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The South African
15-05-2025
- Entertainment
- The South African
SA-born Marlene Dumas smashes record for living female artist with R246m painting
Home » SA-born Marlene Dumas smashes record for living female artist with R246m painting Cape Town-born Marlene Dumas has set a new auction record, becoming the most expensive living female artist. Image: Wikimedia Commons Cape Town-born Marlene Dumas has set a new auction record, becoming the most expensive living female artist after her 1997 painting Miss January sold for $13.6 million (R246 million) at Christie's on Wednesday night. The artwork, a last-minute consignment from the Rubell Family Collection, had been estimated between $12 million and $18 million, with a third-party guarantee in place. Marlene Dumas's Miss January (1997) sold for $13.6 million, including fees. Image: Christie's Bidding opened at $9 million and quickly escalated, with the hammer coming down at $11.5 million (before fees), prompting applause in the saleroom. With fees, the final price reached $13.6 million. The winning bid came from an anonymous telephone buyer. The large-scale portrait revisits themes deeply personal to Dumas, now 71. It draws inspiration from Miss World , the first known drawing she created at age 10, and connects to her earlier works such as the 1988 Misinterpreted – widely seen as a self-portrait – and her 1992 survey exhibition Miss Interpreted at the Stedelijk Museum in Amsterdam. This sale surpasses the previous record for a living female artist, held by Jenny Saville, whose Propped (1992) fetched £9.5 million ($12.4 million) at Sotheby's London in 2018. Before this auction, Dumas's highest price was $6.33 million, achieved in 2008 for The Visitor (1995) at Sotheby's London. While her market has remained steady, only a handful of her works have crossed the $1 million mark in recent years. Between 2022 and 2024, 15 Dumas works were sold at auction, but only five exceeded $1 million, and just two surpassed their high estimates. The sale was also notable due to the rarity of deaccessions from the Rubell Family Collection, one of the most prominent in the world. According to past statements, the Rubells have sold fewer than 20 pieces out of more than 5 000 collected over five decades. Miss January was previously displayed at their private museum in Miami during Art Basel in December. Dumas's historic result reaffirms her global significance and places her firmly at the top of the contemporary art market. Title Low Est. High Est. Price W/Fees Sale date Love your Neighbor $5,500,000 $7,500,000 $5,879,500 Nov '23 After the Kiss $2,427,184 $3,640,776 $3,719,660 Oct '23 Snow White in the Wrong Story $3,500,000 $4,500,000 $3,781,000 Nov '22 Cathedral $2,847,159 $3,623,657 $4,057,202 Feb '20 Magdalena (Underwear and Bedtime Stories) $3,000,000 $4,000,000 $3,615,000 Nov '17 De gele vingers van de kunstenaar [The yellow fingers of the artist] $2,200,000 $2,800,000 $3,615,000 Nov '17 Colorfields $2,500,000 $3,500,000 $4,170,000 May '17 Red Head $2,000,000 $3,000,000 $3,250,000 May '16 The visitor $1,594,260 $2,391,391 $6,331,706 Jul '08 The Teacher (Sub a) $651,283 $837,365 $3,349,460 Feb '05 Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news. Follow us on Facebook for the latest breaking news, polls - and more!
