In other gallery openings and moves, Harpers, which has three gallery spaces in New York and one in East Hampton, is about to open its first L.A. space at 8115 Melrose Avenue. In June 2006, it was reincorporated in the State of Delaware and was renamed Sotheby's. [19] With the international fine art auction industry growing, Sotheby's opened offices in Paris[20] and Los Angeles in 1967,[21] and became the first auction house to operate in Hong Kong in 1973,[22] and Moscow in 1988. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. [9][10] On 28 October 2019, Sotheby's named Charles F. Stewart as their new CEO. [17] [6] They soon came to rival Christie's as leaders of the London auction market, which capitalised on the arts. Ralph Blumenthal and Tom Mashberg (1 June 2012). The sale became the most expensive physical object ever publicly offered for purchase with cryptocurrency at the time. [16], The business did not seek to auction fine arts initially. [64][7], After Sothebys was acquired & taken private by Patrick Drahi for $3.7 billion in 2019, the company is no longer available for public trading on the New York Stock Exchange. ", "Alfreds is one of the best spots for coffee in la. RM Sotheby's deals in classic cars, headquartered in Canada with offices across the US and Europe. Noland had told Sotheby's there were problems with the condition of her painting Cowboys Milking (1990), estimated to sell for between US$260,000 and $350,000. The suit argued that this presented a breach of the consignment agreement. For more information, You can manage the artists and galleries you follow in, Discover the Best of Contemporary Art Now, Sothebys to Bring $600 Million Macklowe Collection to Auction, Submit art news, announcements, and tips to. Located at 350 N. Camden Dr. in a 1941 modern building, the new Beverly Hills flagship will feature 4,300 square feet of flexible gallery spaces and private viewing salons and feature a rotating selection of both auction previews and buy-it-now luxury items. Die Standardsprache ist Italienisch On 5 May, Dan Loeb and Sotheby's reached an agreement which stipulated that Dan Loeb, Olivier Reza and Harry J. Wilson joined the board in exchange for Third Point having an ownership cap at 15%, William Ruprecht would stay as CEO and the proxy context to be held at Sotheby's AGM would cease[163][164][165] On the newest board members, Bill Ruprecht, Chairman, President and CEO of Sotheby's noted: We welcome our newest directors to the Board and look forward to working with them, confident that we share the common goal of delivering the greatest value to Sotheby's clients and shareholders. [77][78] However, only the image archive mentioned on the Sotheby's website as of April 2021[update] is an out-of-date reference to the Cecil Beaton Studio Archive,[79] which Cecil Beaton sold to Sotheby's in 1977.[80]. The auctioneer "knocks down" the lot, declaring it sold to the winning bidder. [27] In 1996, Sotheby's acquired Andre Emmerich Gallery to operate a division called Emmerich/Sotheby's,[27] and in 1997 it purchased a 50% interest in Deitch Projects. [145] Third Point began acquiring shares in Sotheby's in February 2013. [15][12] John Wilkinson, Sotheby's Senior Accountant, became a partner and eventually the company's new head of the company when the last member of the Sotheby family died in 1861. British historian and journalist Peter Watson wrote Sothebys: The Inside Story (1997), outlining these illicit activities, which he also exposed on CBSs 60 Minutes. Write a short note about what you liked, what to order, or other helpful advice for visitors. [121], On 10 March 2011, Sotheby's sold a pair of sconces incorrectly attributed to Emile-Jacques Ruhlmann. [139], However, on 25 June 2019, a US federal court denied Sotheby's request to have the case dismissed, arguing that "although there is parallel litigation ongoing in Switzerland, Sothebys fails to establish that there are 'exceptional circumstances' justifying dismissal. Private Sales accounted for 16.5% of all Sotheby's sales in 2011. [54], In 2019, Sotheby's introduced an online valuations platform to their website to facilitate the provision of estimates. Third Point described the action as "a disproportionate response" and "a relic from the 1980s". "[142], On 13 November 2019, the New York Court of Appeals upheld the decision, requiring Sotheby's to hand over the case relevant files. [12], After Baker's death in 1778, the business was left to Leigh and his nephew John Sotheby,[5] where it became a prominent book auction house and was renamed Leigh and Sotheby. [145], On 3 October 2013, Sotheby's responded to Third Point's rapid accumulation of Sotheby's stock by announcing its adoption of a shareholder rights plan, known generally as a "poison pill", whereby it forcibly diluted investor holdings in an attempt to ward off a hostile takeover. [50], In 2016, the company spent sent shockwaves through the trade after spending $50 million on Art Agency Partners, run by Amy Cappellazzo, Allan Schwartzman and Adam Chinn. [111], In February 2000, A. Alfred Taubman and Diana (Dede) Brooks, the CEO of the company, stepped down amidst a price fixing scandal. Nur wenige Minuten vom rtlichen Sotheby's Auction House am Sunset Boulevard entfernt bietet das Beverly Hills Brokerage in Zusammenarbeit mit dem Sotheby's Auction House umfassende Dienstleistungen fr gemeinsame Kunden im Groraum Los Angeles. LiveBid is Sotheby's online bidding system exclusively for wine auctions. [158][159] The second board member recommended by the ISS was Olivier Reza, "a former investment banker whose jeweler family has done business with Sotheby's."[160]. [117] In 2001, the United States District Court for the Southern District of New York gave final approval to a US$512 million agreement. In 1767 the firm became Baker & Leigh,[5][12] after Samuel Baker auctioned several hundred valuable books from the library of The Rt Hon Sir John Stanley, 1st Baronet, of Grangegorman and became business partners with George Leigh. Built in 1941, Sotheby's Beverly Hills building was designed by Southern Californian architects Douglas Hannold and George Vernon Russell. [102], In 1997, a Channel 4 Dispatches programme alleged that Sotheby's had been trading in antiquities with no published provenance, and that the organisation continued to use dealers involved in the smuggling of artefacts. [119][120], At the time of the scandal, 59 percent of the company's Class A shares were owned by Baron Funds. [106], In India, Ghiya was eventually arrested in 2003, only convicted in 2008 and sentenced to life in prison; however, in 2014 an Indian High Court quashed the conviction. [36] The company sold the building in 2002 for $175 million. [65], Sotheby's auctions are usually held during the day. 'The West Coast has been an important market for Sotheby's for decades, and reinforcing our footprint in Los Angeles is a critical element for continued success and growth in the region,' said Mari-Claudia Jimnez, Sotheby's Chairman, Managing Director and Worldwide Head of Business Development, Global Fine Art. [52], On 25 January 2018, Sotheby's acquired the AI company Thread Genius for an undisclosed amount. "[140][141] The court also issued an order for Sotheby's to submit all previously confidential information relating to the litigation and rejected the auction house's request to redact specific details from court documents. [82], In 1969, Sotheby's founded Sotheby's Institute of Art in London. Sotheby's also created the BIDnow service, which allows bidders to bid real-time online while watching the broadcast auctions, with the exception of Wine auctions. 2022 The Hollywood Reporter, LLC. The price was shared among the trio, as well as $35 million performance-related bonus. Formerly RM Auctions, the company has been part-owned by Sotheby's since 2015. [81] The Sotheby's Wine Encyclopedia has been published in several editions since 1988, written by Tom Stevenson. Die Version Ihres Browsers wird nicht lnger untersttzt. Sotheby's organises the delivery of the lot in private with the buyer. "Smuggled art clampdown by Sotheby's" (17 December 1997). The Hollywood Reporter is a part of Penske Media Corporation. [28][31] Sotheby's and Noortman had collaborated before in 1995, when the sales of Dutch plastic millionaire Joost Ritman were divided between the two companies. In August 2004, Sotheby's introduced an online system MySotheby's allowing clients to track lots and create "wishlists" that could be automatically updated as new works became available. [citation needed], Sotheby's shares a rivalry with Christie's for the position of the world's pre-eminent fine art auctioneer, a title of much subjectivity. [123] Both Sotheby's and Noland argued withdrawing the work from auction was well within the artist's rights under the Visual Artists Rights Act (VARA) and New York's Artists' Authorship Rights Act (AARA). Subscribe for full access to The Hollywood Reporter. (Moretti previously collaborated with Sothebys in New York in 2019 on designing an exhibition of Old Master paintings and sculptures.) "[145] It was reported in early March that Marcato would support Third Point's nominees to the board. A work by Gerhard Richter thats part of the upcoming Macklowe Collection auction. Sign up for THR news straight to your inbox every day. [143] Sotheby's had argued that handing over the documents would breach confidentiality and insisted that because it was named in ongoing proceedings in Switzerland, it should "be shielded from orders to produce the documents," both of which the court rejected. "[148] Loeb wanted the firm to expand globally[149] and offered to "join the Board immediately and to help recruit several new directors". [130] In February 2016 it was announced that Sotheby's and Servest had reached an agreement to pay all outsourced workers the London Living Wage and improved sick pay. Other former names include: Leigh, Sotheby and Wilkinson;[5] Sotheby, Wilkinson and Hodge (18641924); Sotheby and Company (192483);[6] Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co.[5], The American holding company was initially incorporated in August 1983 in Michigan as Sotheby's Holdings, Inc. This backfired when UVW staged a noisy, sit-down protest outside the Sotheby's entrance[126] while clients arrived for a record-breaking summer night of contemporary art auctions, including lots by Andy Warhol and Francis Bacon. And a New Generation Is Taking Her Place", "Sotheby's acquires Thread Genius to build its image recognition and recommendation tech", Sothebys New York to Expand Gallery Space, "Sotheby's Names Altice's Charles Stewart CEO as Tad Smith Becomes an Adviser", "Sotheby's Promotes Owner Patrick Drahi's Son to Run Asia", "Sotheby's inks $3.7 billion deal to go private", BOOM IN NEW YORK ART SALES APPARENTLY OVER, Art Dealers Dismayed At Sotheby's Closing, "Sotheby's (BID:New York): Stock Quote&Company Profile", "French Media Tycoon Patrick Drahi Has Acquired Sotheby's for $3.7 Billion, Taking the Publicly Traded Auction House Private", "Sotheby's results highlight competition over private sales", Sotheby's Expands Beyond the Auction Floor With Its New S2 Art Gallery, Sotheby's Boosts Private Sales With New Gallery Plan, Baron Brant Pledges Warhols to Revive Family Business, "Cecil Beaton's Studio Archive at Sotheby's - The Index", "Sotheby's Banks on Its 'Own' Wine Brand", "Why Sotheby's Institute | Sotheby's Institute of Art", "Master's Degrees | Sotheby's Institute of Art", "Sotheby's launches a new prize for cutting-edge curators", "Sotheby's Is Nixing Its Three-Year-Old Museum Prize Program, Which Honored Inventive Exhibitions, as It Looks to Cut Costs", "Tiny Sculpture Topples huge records at auction", "News & Press: Children's High Level Group | Never-before-told wizarding stories by JK Rowling sell at Sotheby's for 1,950,000", "Magna Carta fetches $21.3 million at Sotheby's auction", "Giacometti Sculpture 'L'Homme qui marche I' Fetches $104.3Million", "$24,000,000 Patek Philippe Supercomplication Pocket Watch Beats Its Own Record at Auction", "Picasso's 'Femme Assise' Sells for $63.7 Million, an Auction High for Cubism", "Banksy's Love is in the Bin sells for record 16m", "Monet's "Meules" painting fetches more than $110 million at Sotheby's auction", "Former Casino Boss Steve Wynn's Picasso Collection Fetched $109 Million in a Special Sotheby's Event in Las Vegas", "Sotheby's Now Sells Sneakers We Can Actually Afford", "Slam dunk! Institutions are also welcome to join the Ocula gallery network. Buyers can find out what is for sale at Sotheby's by browsing e-catalogues, visiting pre-sale exhibitions, purchasing print catalogues and registering for e-mail alerts. [6] Their first major success in this field was the sale of a Frans Hals painting for nine thousand guineas in 1913. | [18] In 1964, Sotheby's purchased Parke-Bernet, the largest auctioneer of fine art in the United States at the time. [72] In 2013, Sotheby's opened a gallery for private sales close to its branch in London, in a five-story block at 31 George Street. The new gallery will open to the public at 350 North Camden Drive on 14 October. Sotheby's has set, then later reset, a number of world records for auctioned works of art. We were really able to engage clients who wanted immediate satisfaction., The new Beverly Hills space will also function as a spot for lectures and other programming, and Sothebys is looking to partner with nonprofits and other groups in the L.A. community on arts-education programs and fundraisers. Christie's has had its own gallery space on the same street since 2017. The gallery is their first on the West Coast of the United States. Jancou sued Sotheby's for US$6 million in compensatory damages, and Noland for US$20 million in punitive damages. Die ppige 37.000 Quadratmeter Das Little Holmby Jewel, auf das Sie gewartet haben, in bester Lage! [122], In 2012, art dealer Marc Jancou filed suit in the Supreme Court of the State of New York, suing both Sotheby's and artist Cady Noland after the auction house pulled a work he had consigned by the artist from a sale, apparently at her request. In July, activists at Marcato Capital Management revealed a 6.6% stake, saying that the shares were undervalued. [23], As well as numerous high-profile real life auctions being held at Sotheby's, the firm's auctioneers have also been used in various films, including the 1983 James Bond film Octopussy. [70] Sotheby's Private Sales works with clients with confidentiality and tailors the buying and selling process in a private setting. On 5 October 2018, Banksy's "Girl with a Balloon" began to 'shred' itself shortly after hammering down at the artist's auction record. 3 Schlafzimmer, 3 Badezimmer von 2.772 plus eine 4. [115][116], Growing out of the four-year criminal antitrust investigation by the United States Department of Justice, some 130,000 buyers and sellers filed class-action lawsuit, arguing they were cheated in the price-fixing conspiracy by Sotheby's and Christie's. In recent years, Sotheby's has been selling sneakers, both vintage designs in a "buy-now" sneaker shop,[96] and high-value pairs, some worn by famous people, by auction. For its first exhibition, the gallery will showcase highlights from the US $600 million Macklowe Collection, including works by Franz Kline, Jeff Koons, Andy Warhol, Gerhard Richter, and Robert Rauschenberg. Ive already heard feedback from collectors that they are really excited that they have this opportunity to visit all of us together.. The new space will open with a showcase of nine works of art from the upcoming auction of the 65-piece modern and contemporary Macklowe Collection, which is expected to gavel for a total sum of more than $600 million when its held in New York on Nov. 15. Sellers are required to submit an Auction Estimate Form, providing thorough information and a photograph of the item. "[137] Rybolovlev alleged that Yves Bouvier defrauded him out of $1 billion through this practice, over several years. [85] The Sotheby's Prize program concluded in 2020, following a promise to honor existing commitments to shows that are still in formation.[86]. The 11 Best Places for Scotch in Beverly Hills, The 15 Best Places for Whiskey in Beverly Hills, sotheby's auction house beverly hills photos , sotheby's auction house beverly hills location , sotheby's auction house beverly hills address . [61], The following year, a group of investors (including American millionaire Alfred Taubman) purchased and privatized Sotheby's. All Rights Reserved. 9665 Wilshire Blvd, Beverly Hills, CA 90212 - 90212 Beverly Hills, Einfamilienhaus in Los Angeles, Los Angeles County, Luxus-Haus in Los Angeles, Los Angeles County, Einfamilienhaus in Malibu, Los Angeles County, Wohnkomplexe in Beverly Hills, Los Angeles County, Einfamilienhaus in West Hollywood, Los Angeles County, Wohnkomplexe in Sherman Oaks, Los Angeles County, Luxus-Haus in Sherman Oaks, Los Angeles County, Einfamilienhaus in Woodland Hills, Los Angeles County. To make artwork enquiries, follow artists & galleries, save & share artworks and receive our newsletter. [56], In 2020, Sothebys overtook Christies as the worlds top auction house for the first time since 2011, with over $5 billion in aggregate sales compared to its rivals $4.4 billion. In the report the ISS noted that, "the particulars of their criticisms of things like commission margin, there is credible reason to believe their larger criticism about strategic myopia has some credibility". [25] In 1990, Sotheby's teamed up with dealer William Acquavella, to form Acquavella Modern Art, a Nevada general partnership[26] and a subsidiary of Sotheby's Holding Company. Recently, the auction house has delved into creating more store-like settings, launching pop-up stores, for example, in East Hampton and Palm Beach last year. Sotheby's requires that prospective buyers provide government-issued proof of identity and sometimes a bank reference. Other former names include: Leigh, Sotheby and Wilkinson;[5] Sotheby, Wilkinson and Hodge (18641924); Sotheby and Company (192483);[6] Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co.[5] In 1917, Sotheby's relocated from 13 Wellington Street to 3435 New Bond Street, which remains as its London base to this day. Sotheby's (/sbiz/) is a British-founded American multinational corporation with headquarters in New York City. Gstesuite (mit Genehmigung) mit komplettem Badezimmer Dieses Anwesen am Strand in Malibu am Big Rock Beach bietet einen weitlufigen Panoramablick auf das Meer mit groen Fenstern und Strandterrassen, die Sie von dem Moment an Schne modernisierte 2-Zimmer-Wohnung plus Hhle im zweiten Stock in Beverly Hills iv Seasons Condos mit vollem Service. [131], In 2016, three New York art traders Warren Adelson, president of Adelson Galleries, as well as New York-based art dealers Alexander Parish and Robert Simon planned to sue Sotheby's for alleged fraud over the resale of Leonardo da Vinci's Salvator Mundi, which they sold through Sotheby's in 2013 for $80 million. Carol Vogel and Ralph Blumenthal (14 April 2001). [145] By July 2013, Loeb's stake in Sotheby's increased to 3.7%, and in August he raised his stake to 5.7%, and requested to talk with the management and board. The FBI had been investigating auction practices in which it was revealed that collusion involving commission fixing between Christie's and Sotheby's was occurring. Unlike Haunch of Venison, a gallery that Christie's bought in 2007, S2 is solely devoted to showcasing the auction house's private sales. [44], In the meantime, income from classic auctioneering has fallen, as Sotheby's reported a decrease of 42% in net income in the first half of 2012. It has a footprint of 4,300 square feet, or 400 square metres. [24], With private transactions constituting an essential and increasingly profitable business segment, through the years Sotheby's has bought art galleries and helped dealers finance purchases. This is an exciting way to engage the public in a much more open way in the middle of Beverly Hills.. Sotheby's was sentenced to pay a fine of US$45 million. Sotheby's new Beverly Hills gallery space. In 2006, Sotheby's acquired a Dutch dealership, Noortman Master Paintings, from its owner, Robert Noortman, for $82.5 million ($56.5 million worth of Sotheby's stock and assumption of more than $26 million in gallery debt, including $11.7 million owed to the auction house). Loch des Bel-Air Country Club. Miles Weiss and Katya Kazakina (28 September 2012). Impressum. [39], In 2011, Noortman's Amsterdam space was closed and the gallery moved to London. The collection, owned by real-estate developer Harry Macklowe and his ex-wife Linda, is being sold under court order. [145][150][151][152][153][154], Between October 2013 and February 2014, representatives of Sotheby's and Third Point "held a number of in-person and telephonic meetings" in which "they discussed Third Points ideas about how to increase stockholder value." [7] In 1988, Taubman took Sotheby's public and listed the company's shares on the New York Stock Exchange, making Sotheby's the oldest publicly traded company on the NYSE under the ticker symbol "BID". Sotheby's sets new world auction record for any pair of sneakers", "Michael Jordan's Air Jordan 1s sell for $560,000, setting a new sneaker record", "Kanye's Yeezy sneakers snag world record $1.8 million in private sale", "Kanye West's Yeezy sneakers from the Grammy Awards break auction records", "Kanye's Yeezys go for $1.8 million at auction, breaking world record for sneaker sale", "Diamond Sold for $12 Million in Cryptocurrency at Sotheby's", "Dancing Shiva at Art Gallery of South Australia was stolen from India", "Dancing Shiva returns home from Australia", Sotheby's sued for return of 10th century Cambodian statue, Cambodia Says It Seeks Return Of Met Statues, "Who's Who in the Sotheby's Price-Fixing Trial", In Plea, Sotheby's Ex-Chief Points to Her Superior, "Former Chairmen of Sotheby's and Christie's Auction Houses indicted in international price-fixing conspiracy", "Going Once, Going Twice Glamour, Greed and Fraud at Sotheby's and Christie's", Sotheby's and Christie's Face New Class-Action Suit, Judge Accepts Plan to Settle Suit Against Auction Houses, Experts Support Settlement Of Auction House Lawsuit, "Sotheby's pays more to keep staff in 'time of transition, "Managing Money by Sizing Up Corporate Chiefs", "Attribution error for $60,000 sconces to Emile-Jacques Ruhlmann", Enigmatic Artist Cady Noland Yanks a Work From a Sotheby's Auction, Touching Off a Lawsuit, Disgruntled Dealer Doubles Down, Adding $20 Million to His Claim Against Cady Noland and Sotheby's, "Dispute Involving Contract Cleaning and Maintenance (London) Ltd Early Day Motions", "Sotheby's suspends cleaners after 'water pistols fired at clients' during demo", "Warhol's One Dollar Bill fetches 20.9m on record night for Sotheby's", "Meet the Sotheby's Four: sacked for asking for sick pay", "TREATMENT OF LOW-PAID EMPLOYEES BY SOTHEBY'S Early Day Motions", "Sotheby's Tries to Block Suit Over a Leonardo Sold and Resold at a Big Markup", "Dispute over $127.5 Million Leonardo Painting Draws in Sotheby's", "Art Traders Bring Lawsuit Against Sotheby's for Flipped Da Vinci Painting", "Passe d'armes judiciaire entre Rybolovlev et Bouvier", "Billionaire Slaps Sotheby's With $380 Million Lawsuit", "Russian Billionaire Seeks to Pull Sotheby's into Art-World Fight", "Sotheby's internal correspondence could become object of public scrutiny", "Russian Billionaire Dmitry Rybolovlev Accuses Sotheby's of Price Inflation in a $380 Million Suit", "Sotheby's must face Russian billionaire's lawsuit over art fraud -", "Sotheby's denied dismissal of Rybolovlev's $380m lawsuit by New York judge", "Russian Billionaire Dmitry Rybolovlev Can Proceed With His $380 Million Lawsuit Against Sotheby's, a Judge Says", "Sotheby's somm de fournir la justice amricaine des documents concernant son procs en Europe", "Three Sotheby's developments on the art market's radar", "Dan Loeb Wages Proxy War: Letter To BID", "Dan Loeb's Third Point Goes Activist on Sotheby's", "Third Point increases stake in Sotheby's to 5.7 pct filing", "Sotheby's boss should resign says activist investor", "Highlights From Dan Loeb's Letter to Sotheby's", "Sotheby's adopts 'poison pill' after Loeb raises stake", "Sotheby's Tries to Fend Off Activist Investor With "Poison Pill", "Sotheby's Board Knows Even Less About Engaging with a Shareholder Than It Does About Contemporary Art: Third Point", "Sotheby's, Christie's Square Off in Test of Strategies", "Loeb's Third Point to nominate three for Sotheby's board", "Sotheby's rejects Third Point's board nominees", "The Morning Brief: Marcato Backs Third Point in Sotheby's Shake Up", "ISS recommends votes for two Loeb nominees to Sotheby's board", "Bare Knuckles at Sotheby's Auction House", "Loeb to Sotheby's: My directors are better", "Sotheby's Issues Statement Following ISS Report", "Sotheby's Yields to Hedge Fund Mogul and Allies Deal Book (blog)", "Sotheby's and the $16 Million, Anti-Dan Loeb Proxy Battle Bloomberg", "Sotheby's, Third Point Reach Agreement on Board Seats", "Sotheby's and Third Point Reach Agreement", "Taikang Life is largest shareholder in Sotheby's | Art Radar", Faceted Application of Subject Terminology, https://en.wikipedia.org/w/index.php?title=Sotheby%27s&oldid=1101283783, Companies formerly listed on the New York Stock Exchange, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Articles containing potentially dated statements from 2021, All articles containing potentially dated statements, Articles with unsourced statements from November 2015, Articles containing potentially dated statements from April 2021, Articles containing Chinese-language text, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, 80 locations in 40 countries (as of 2021), Sotheby's holds the world record for most expensive piece of, Sotheby's set a new world record, at that time, for the, Sotheby's retook this record, at that time, on 12 October 2012, with the first auction over $30million in this category, when a 1994 painting from the, On 6 December 2007, Sotheby's auctioned the, On 15 December 2007, Sotheby's auctioned one of only seven copies of, On 19 December 2007, Sotheby's auctioned a 710-year-old copy of the, On 2 June 2016, Pablo Picasso's "Femme Assise" sold for $63.7 million at Sotheby's in London, making it the most expensive.