A rare 5.16-carat blue diamond sold at auction for $6.4 million in Hong Kong on Wednesday, confirming Asia's fast-growing taste for the precious stone.
London's famed Moussaieff Jewellers paid more than the $5.9 million expected...
In a bold recognition of the world's fastest-growing auction market, Sotheby's recently hoisted China's flag at the most conspicuous spot outside its New York headquarters.
The flag now flies between those of the US, UK,...
China is expected to be the world's seventh largest wine consumer by 2013 as the nation's thirst for vintages continues to grow amid an economic boom.
The country will consume around 1.26 billion bottles of...
Alberto Giacometti's "L'Homme Qui Marche" set a record for the most expensive piece of art ever sold by auction when it was sold on February 3.
The Swiss artist's characteristic sculpture of an elongated figure...
Forbes reports that Sotheby's is offering a 1,500-year-old biblical document that includes layers of text and meaning–in three languages.
Known as the Codex Climaci Rescriptus, the piece was written over the span of three centuries...
A late “musketeer†painting by Pablo Picasso sold for 7 million pounds ($11.5 million) at Sotheby’s last night as buyers looked for value in the contracted auction market for Impressionist art.
The 1969 work...
A flawless blue diamond weighing 7.03 carats has sold for a record 10.5 million Swiss francs ($9.49 million), the highest price paid per carat for any gemstone at auction, Sotheby's said.
The rectangular-shaped blue stone,...
A medieval Islamic glass vessel sold in London yesterday for 1.6 million pounds ($2.3 million), more than 20 times as much as it fetched less than a decade ago, when it was dismissed as...