TOPICS
AUCTION

Dubai ruler’s Rolex watch sold in competitive auction for $130,000

Saturday, 24 March 2018

An auction organized by Christie’s Auction House witnessed a competitive bid on a Rolex watch which was designed and made for Dubai Ruler and Vice President of the UAE, Sheikh Mohammed bin Rashid al-Maktoum. The auction was held at Jumeirah Emirates Towers on Friday. The watch, made from rare stainless steel, was sold for $130,000, which equates to Dhs 466,360, reported The National. Another watch which was in competition with the Rolex make, was one belonging to Egypt’s late King ...

Saudi tycoon auctions off 900 vehicles to clear debt

Tuesday, 20 March 2018

Thousands of people attended the first day of an auction of vehicles owned by indebted Saudi Arabian tycoon Maan al-Sanea and his company, a sale which officials say will go towards repaying about 18 billion riyals (US$4.8 billion) owed to creditors.Authorities say the auction, the subject of huge interest in the Eastern Province where his business is based, reflects their focus on improving corporate governance and by extension Crown Prince Mohammed bin Salman’s commitment to economic ...

Dubai car plate sold for over $700,000 in one day

Sunday, 11 March 2018

A car plate in Dubai with the number W22 was sold for a whopping $713,000 in one day in the 98th number plates auction held by the city’s Roads and Transport Authority on Saturday. According to the Khaleej Times, this car plate got the highest bid of the day, followed by car plate number T32 which was sold for over $450,000. The two digit plates proved popular at the auction, however other five-digit plates, like the R66666 and T88888, were also sold for high amounts. Abdullah al-Hammadi, ...

Migrants are auctioned for sale in Libya

Wednesday, 15 November 2017

CNN has reported an investigation into the slavery trade in Libya and the human suffering of migrants stranded on its shores after failing to cross into Europe. The report relied on secret footage showing a market auctioning migrants to sell them for use as workers or farmers. The video shows two people sold within a few minutes for a thousand and two hundred Libyan dinars, less than three hundred dollars, and this is taking place in a natural atmosphere as if the people of this region are ...

Rare painting of ‘Christ’ by Leonardo da Vinci auctioned in New York

Wednesday, 15 November 2017

A painting thought by scholars to be one of only a few by Leonardo da Vinci to have survived the half-millennia since the artist’s death is set to be auctioned Wednesday in New York, where it is guaranteed to sell for at least $100 million. Art lovers have lined up by the thousands at special presale exhibitions in Hong Kong, San Francisco, London and New York to see the only work by the Renaissance master in private hands. The 500-year-old oil painting depicting Christ holding a crystal ...

Neil Armstrong moon bag sells for $1.8 mln in New York

Friday, 21 July 2017

A bag Neil Armstrong used to collect the first ever samples of the moon -- which was once nearly thrown out with the trash -- sold at auction Thursday for $1.8 million, Sotheby’s said. The outer decontamination bag, which was flown to the moon on Apollo 11 and still carries traces of moon dust and small rock, was sold on the 48th anniversary of the first moon landing in 1969. Auctioneer Joe Dunning introduced the lot as “an exceptionally rare artifact from mankind’s greatest ...

Thailand removes stolen luxury vehicles from its auction list

Thursday, 6 July 2017

Thai customs official sold hundreds of seized luxury vehicles and supercars on Thursday, some of which were stolen from abroad. Light was shed on Thailand’s role in the global theft auto trade after British police claimed that many stolen cars had been whisked to the Southeast Asian kingdom. Bangkok’s police have since seized dozens of illegally imported cars, with at least seven vehicles stolen from the UK, and arrested the car dealers involved in the criminal act. Many blame the ...

Hitler’s phone sells for more than $240,000

Monday, 20 February 2017

Adolf Hitler's personal telephone, which the Fuehrer used to dictate many of his deadly World War II commands, sold at auction on Sunday for $243,000, the US house selling it announced.Originally a black Bakelite phone, later painted crimson and engraved with Hitler's name, the relic was found in the Nazi leader's Berlin bunker in 1945 following the regime's defeat. The auction house Alexander Historical Auctions, which did not reveal the winning bidder's identity, had estimated its worth ...

‘Sweetheart’ British actor Idris Elba auctions Valentine’s date for charity

Thursday, 12 January 2017

Lonely hearts this Valentine’s Day will have a unique chance to spend an evening with British actor Idris Elba after he auctioned himself off

Princess Diana letters to trusted royal butler fetches $18,700

Thursday, 5 January 2017

Six letters sent to much-respected royal butler Dickman in the 1980s and 1990s

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