Auction News

Detroit - Detroit began auctioning off houses seized for delinquent tax payments, but the program’s rules and regulations demonstrate that the bankrupt city has learned nothing about the perils of government overreach.

Hong Kong - Hong Kong police on Wednesday searched for a valuable painting mistakenly dumped in a landfill after it sold for $3.7 million at auction, reports said.

A tiny porcelain cup, dating back to the Ming dynasty, has fetched $36 million at an auction in Hong Kong. The high price has set a new record.

Hong Kong - A rare Ming-era wine cup broke the world auction record for any Chinese porcelain on Tuesday, selling in Hong Kong for $36.05 million to Shanghai tycoon Liu Yiqian, Sotheby's auction house said.

New York - Activist investor Dan Loeb sued the directors of auction house Sotheby's on Tuesday, aiming to force the removal of poison pill protections that prevent his getting seats on the board.Loeb, Sotheby's largest shareholder since he mounted an attack on th...

Nantes - A 19th century guillotine in perfect working order goes up for auction in France on Thursday and is expected to fetch up to 60,000 euros ($82,000), the auctioneers said.The wood, iron, steel and brass guillotine, synonymous with the 1789 French Revolut...

Washington - A more than 15-year old laptop doesn't go for much on eBay -- unless it's the one Bill Clinton used to send the first ever US presidential email.The still-functional laptop -- with Clinton's cheerful exchange with Space Shuttle astronaut John Glenn in ...

Acerbic comedian and fashion critic Joan Rivers is selling furniture, fine art, ceramics and other objects from her country home in Connecticut, Christie's auction house said on Wednesday.

Los Angeles - Two rare copies of "Mein Kampf" signed by the young Nazi leader Adolf Hitler went under the hammer for $64,850 Thursday in Los Angeles, auctioneers said.The two-volume set -- a first edition and a second edition -- of the future German Fuehrer's politi...

New York - Activist investor Dan Loeb Thursday nominated himself and two allies to the board of Sotheby's, arguing the auction house's current board lacks the skills and inclination to undertake needed changes.Loeb, chief executive of hedge fund Third Point, Soth...