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Stories and developments from the global auction community.
Showing 1–10 of 10 stories
Saffronart reports INR 250.58 crore across autumn auctions
Saffronart reported INR 250.58 crore in combined results from its September 19–22 live and online autumn auctions. The announcement brings the two sale formats together in one seasonal result. Readers can consult the auction house’s press centre for the original announcement and sale context.
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Gandhi manuscript achieves INR 16.20 crore at Saffronart
Saffronart announced that Gandhi’s “A Thought For The Day” sold for INR 16.20 crore during its August 18–19 auction of the Anand T Hingorani collection. The auction house described the result as a record for an Indian historical document.
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Australian equipment auctions exceed AU$100 million in combined GTV
RB Global reported more than AU$100 million in gross transaction value across Ritchie Bros. and Smith Broughton’s Australian end-of-financial-year auctions. The ten sales moved 5,516 lots, with nearly 11,000 registered bidders. Assets included earthmoving machinery, transport equipment and mining equipment.
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Edmonton equipment auction generates nearly CA$175 million
Ritchie Bros. reported nearly CA$175 million in gross transaction value from its May 11–15 Edmonton auction. More than 10,300 lots changed hands across sectors including construction, transport and agriculture. The company recorded over 18,600 registered bidders and more than 4,400 buyers.
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Christie’s New York opens marquee week with a billion-dollar evening
Christie’s reported a combined US$1.121 billion from two New York auctions on May 18. The Newhouse collection and 20th Century Evening Sale included Jackson Pollock’s Number 7A, 1948, which achieved US$181.2 million. These figures describe the auction house’s reported results for that evening.
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RM Sotheby’s Monaco sale approaches €88 million
RM Sotheby’s announced €87,967,385 in sales at its April 25 Monaco auction, with 90% of lots sold. A Ferrari 250 GT SWB California Spider led the results at €16,655,000. The company described the event as its highest-grossing multi-car auction in Europe.
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Christie’s Hong Kong spring art sales total HK$886.9 million
Christie’s reported HK$886,876,790 from its March 27–28 Hong Kong 20th/21st Century spring auctions. The evening sale sold every lot, while the wider series established 14 auction records, according to the auction house’s results release.
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Phillips London reports £20.7 million across March art sales
Phillips reported a combined £20,690,720 from its London modern and contemporary art sales on March 5 and 7. Lancelot Ribeiro’s Landscape at Noon achieved £516,000, which the auction house identified as a new auction record for the artist.
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Singapore Art Museum expands acquisitions through ART SG fund
ART SG announced new acquisitions for Singapore Art Museum’s permanent collection through the SAM ART SG Fund. Its 2026 allocation increased from SGD150,000 to SGD250,000. The initiative supports the museum’s collection of contemporary art with a Southeast Asian perspective.
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Abu Dhabi collector-car sale records US$85 million
In a December 2025 result, RM Sotheby’s reported US$85,064,125 from its inaugural Abu Dhabi Collectors’ Week auction. Bidders participated from 45 countries. A 1994 McLaren F1 led the sale at US$25,317,500, according to the auction house.
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