#auction-system

#auction-system

Scams involving antiques and collectibles are almost as old as some of the items. But internet sales now mean fraudsters have a much wider audience.

Kamrooz Aram is everywhere this year, from Mumbai Art Week to the Whitney Biennial, and critic Aruna D'Souza is grateful. She pens a beautiful meditation on his work, reading his abstract paintings as not simply a denunciation of Western modernism nor a reassertion of Islamic visual motifs, but something else entirely - something gestural, exuberant, riotous, and incomparably his own.

The record price in the category, $13.8m- paid last year at Christies' in New York for a painting by the Mumbai-based Modernist M.F. Husain-is more than three times what it was 20 years ago.

He was crazy for the game and everything to do with it. He travelled to five continents to buy up artefacts he had fallen in love with, once to South America for a book he told us children was as expensive as a house.

Christie's led the evening-sale race, with a total haul of HK$655.76 million ($83.8 million), a 17 percent increase from the same sale last year. It had no withdrawals.

What drew me to [them] was clear: an iconic brand with a genuine commitment to the independent advisors across Canada who have chosen to build their businesses here and to the clients they serve. That kind of alignment is rare. Having spent my career building companies at the intersection of real estate and fintech, I've seen what's possible when talented entrepreneurs are supported by the right platform, tools and leadership.

A colorful modernist canvas by the late Indian painter Vivan Sundaram turned heads at Sotheby's New York on March 26 when it fetched $896,000 including fees-seven times its high estimate.

We're still increasing pricing based on the most up-to-date tariff announcements from India and the U.S., because it's not going back down to zero. It's still elevated. The cost of our goods has also shot up, because gold has almost doubled since last year.

A counteroffer is the seller's response to your original offer, proposing different terms instead of accepting it outright. This might include a higher purchase price, a different closing date, shorter contingency timelines, or changes to repair requests and credits. Once a counteroffer is presented, your original offer is no longer active.

Estate sales typically last for three days over a weekend: Friday, Saturday, and Sunday. Since sellers are eager to move product, they will often discount items as the days progress. Friday is full price, Saturday is 25% off, and Sunday is 50% off. This can vary, depending on the estate sale, but since the ultimate goal is to clear a space and sell as much as possible, you can usually count on steeper discounts the longer the sale continues.

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

If you want to sell Basquiats and Birkins to the very rich, it might help to have a location on Billionaires' Row. It might also help if that location had a certain cultural cachet. Bonhams, the international auction house, managed to find such a spread in a 42,000-square-foot space that is knitted from the lower floors of an odd collection of prewar buildings and razed lots, with pops of old brick walls and limestone interrupting expanses of sheer, contemporary glass.

Luxury auctions are about more than speed. They are about trust, positioning and creating real competitive urgency for extraordinary assets. DeCaro has a legacy built on integrity and results. My focus is on strengthening our relationships with sellers and top agents while scaling the platform thoughtfully and globally.

At a time when digital channels increasingly define commercial success, online marketplaces have become essential tools for small and medium-sized enterprises to reach customers and drive revenue. For many SMEs, marketplaces offer a ready-made audience without the significant acquisition costs of standalone ecommerce sites, but the simple act of listing product ranges isn't enough to guarantee results. To succeed, businesses must approach their marketplace presence strategically, optimising every element of their listings for discovery, relevance and conversion.

Stephen Friedman was overdue filing when he went into liquidation on 2 February, closing his London gallery immediately (his New York venue shuttered around the same date). At the time of writing, invoices remain unpaid and artists unable to retrieve works from storage companies. In a statement, Friedman says 'all matters are now subject to the administrator's consideration'.

The terms are often conflated to portray an air of desirability and a limited opportunity. Rarity generally refers to the unusualness of an object—something that is infrequently encountered or 'rare to market.' With modern works from the past century, rarity can stem from limited original production, or the fact that many examples are held in museum or institutional collections, reducing their availability in the marketplace.

If you're looking for an easy way to make extra money in this economy, declutter your home with some timely spring cleaning or even start a simple side hustle, Facebook Marketplace is one of the best platforms to use. The site lets you list items for free without fees, sell locally or nationwide, and tap into millions of buyers that the internet considers friends.

One of these options is buying a home at auction. Buying at auction can move faster than a traditional sale, but it also offers fewer protections for buyers. If you've never heard of buying a house at auction, this Redfin article will outline the process for you. We'll answer your questions about how real estate auctions work and what to bring on auction day.

It found that the buying process in Ireland is marked by auctions that induce overbidding. There is also widespread misunderstanding among homebuyers of rights and responsibilities, and increasing delays after sales are agreed, according to the ESRI research. The study, which was funded by the Competition and Consumer Protection Commission (CCPC), draws on a nationally representative survey of 800 adults. The ESRI's Behavioural Research Unit carried out an auction experiment to test how bidding behaviour changes when people face different bidding systems.

We're still the new kids on the block. But it feels like we're more on the map, more anticipated this year. This year at Post-Fair, his gallery is showing small works by Edgar Ramirez, who won the Frieze Impact Prize in 2023.

Is there finally a market for performance art? We're seeing more and more performance in galleries, art fairs, and other commercial art spaces these days.

The snippet carries the phrase "Fathers of the Senate!" which is nowhere found in surviving Washington documents. The expression is borrowed from ancient Roman Senate-specifically the Latin patres conscripti , or "Conscript Fathers"-and quite possibly wasn't the patrician tone Washington intended to set for a young republic. It is unknown why or how it was used in this case as the manuscript from which the fragment was cut is long lost.

Under the terms of Sotheby's new fee structure, buyer's premiums for lots sold in New York are increasing from 27% on lots priced at or above $1m to 28% for all works sold for hammer prices up to and including $2m (£1.5m in London). The medium tier buyer's premium will remain 22% of the hammer price, but will be applied to lots sold for between $2m and $8m (£1.5m and £6m in London);

For some eminently wealthy individuals, amassing a first-class art collection is an ideal way to spend their money. And while some high-profile art collectors end up donating their collections to museums or other cultural institutions, others take a different approach, reselling their art after a certain amount of time. Which brings us to this week, when billionaire David I. Koch's collection of Western art hit the auction block at Christie's, setting a number of records in the process.