Sotheby’s | New York Fashion Week

Fashion design house Oscar de la Renta debuted their Spring 2018 ready-to-wear collection at Sotheby’s New York during New York Fashion Week. Sotheby’s galleries were filled with not only art but luxurious fashions featuring wearable art created with luxurious fabrics and glamorous embellishments.

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Models made an entrance on towering escalators in the Sotheby’s gallery creating an unforgettable entrance. The fashion show was described as art leaping off the Sotheby’s gallery walls and onto the runway. Oscar de la Renta also used the fashion show to unveil their new brand logo, complimenting the vibrant couture pieces on the runway.

Learn more about the Oscar de la Renta fashion show in the Sotheby’s galleries.

Sotheby’s At Auction | 1956 Aston Martin

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Labeled the most important Aston Martin ever produced, the 1956 Aston Martin DBR1 went to auction for the RM Sotheby’s Flagship Monterey sale during Pebble Beach Motoring Week. The 1956 DBR1, chassis 1 is known as the first iteration of the most important Aston Martin ever built, selling for $22,550,000.

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The legendary race car previously competed in the 24 Hours of Le Mans, 12 Hours of Sebring, and the Nürburgring 1000 KM, where it took first place in 1959. The DBR1/1 premiered to Monterey as the first example ever offered at public auction, breaking the current record for the most valuable British car ever sold.

Learn more about the 1956 Aston Martin DBR1 auction.

Sotheby’s At Auction | Pink Star Diamond

Sotheby’s made history with a new world auction record for any diamond or jewel sold, with the Pink Star diamond. The 59.60-carat oval mixed cut fancy vivid pink internally flawless diamond, sold for $71.2 million US Dollars in Hong Kong to jeweler, Chow Tai Fook, with a winning telephone bid, who later changed the name to the CTF Pink Star.

Courtesy of Sotheby’s

The CTF Pink Star is the largest internally flawless fancy vivid pink diamond that the Gemological Institute of America (GIA) has ever graded and received the highest color and clarity grades for pink diamonds. The original 132.5-carat rough diamond took two years to cut and polish and is now known as one of the world’s greatest natural treasures.

Learn more about the auction of the Pink Star diamond.

Sotheby’s At Auction | Bowie Collector

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David Bowie, one of the most recognizable artists in the world, a legendary performer, actor, icon and passionate art collector with a deep connection to modern and contemporary art. Sotheby’s London presented for the first time, Bowie/Collector, a three-part auction encompassing over 400 artworks from David Bowie’s personal collection.

Courtesy of Sotheby’s

The Bowie/Collector sale features 350 works of art including many distinguished British artists of the 20th century to Contemporary African art, Italian art pieces and more. Part I and II of the Bowie Collection will feature modern and contemporary art, while part III will feature Ettore Sottsass and the Memphis Group.

Courtesy of Sotheby’s

David Bowie’s incredible collection of Modern & Post-War British Art covered the entirety of the 20th century, giving a glimpse into the the extraordinary mind of David Bowie.

See more of the Bowie Collection

Sotheby’s Auction House Basics

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Contributed by Beth Laffey | Director & Auction Liaison for Sotheby’s International Realty

Who Can Attend An Auction?
All of Sotheby’s auctions are free and open to the public, and there is no obligation to bid. Most auctions are held during the day, except for occasional evening sales, which require tickets. You may also watch our auctions online.

Who Are The Auctioneers?
Sotheby’s auctioneers are trained professionals, often with decades of experience. The auctioneer initiates the sale of each lot by briefly describing the item and then starting the  bidding at a price that is lower than its reserve. The auctioneer acknowledges every bidder, whether they are in the saleroom, participating via BIDnow or over the telephone. They also place bids on behalf of absentee bidders. The auctioneer, whose authority is final, determines when the highest bid has been made and declares the lot sold.

How Does Bidding Work?
After the auctioneer starts the bidding, they will accept incrementally higher bids until a sole bidder remains. This final bidder purchases the lot. However, if the bidding fails to reach the reserve price, the lot will pass unsold.

What Type of Auctions Does Sotheby’s Hold?
Sotheby’s auctions generally comprise fine arts, antiques and decorative arts, books and manuscripts, jewellery and wine in sales dedicated to each collecting area. Occasionally, however, Sotheby’s offers unusual items of great rarity or value—for example, the original rules of basketball or a perfectly preserved dinosaur skeleton — or sells the entire contents of magnificent homes or the estates of great collectors and luminaries.