News about Auction
The government of Georgia will auction a collection of 40,000 bottles of wines of Joseph Stalin, General Secretary of the Central Committee of the All-Union Communist Party of Bolsheviks (Bolsheviks).
The global art market returned to growth in 2025 after two years of decline, but the recovery remains uneven and depends on the expensive segment. This is according to the annual Art Basel and UBS Global Art Market Report 2026.
On May 18, the evening auction at Christie’s in New York turned into a historic event for the global art market. Jackson Pollock’s monumental work Number 7A (1948), from the collection of media magnate Samuel Irving Newhouse Jr., sold for $181.2 million including commissions, setting an all-time record for the artist.
Along with the two state-owned publishing houses “Știința” and “Lumina”, which will be offered for sale, the state’s share (11.2%) in the printing house “Metrompas” will also be auctioned.
The state decided not to keep the 30.08% stake in Alimentarmash JSC. It is included in the privatization list administered by the Public Property Agency.
After an unsuccessful attempt to realize these assets through a tender in 2021, the Public Property Agency intends to offer them through an auction. Similar to the Hotel Zarya, the two state-owned publishing houses Știința and Lumina, as well as the state’s share in the printing house Metrompas, will be sold.
A charity raffle with a work by Pablo Picasso has once again attracted attention: this time a rare work by the master went away not at a traditional auction, but went to the winner of the raffle for only 100 euros.
An electric guitar that belonged to Elvis Presley will be one of the brightest lots of the spring auction at Sotheby’s. It’s about the Hagstrom Viking II model – the instrument the musician used during his legendary television comeback in 1968.
At one of the largest wine auctions in the world was recorded an unprecedented deal: a bottle of legendary Burgundy wine Domaine de la Romanée-Conti harvest 1945 sold for 812.5 thousand dollars. The auction was held as part of the annual event La Paulée, organized by the auction house Acker.
The Italian car industry surprises again: a unique one-seater supercar from Dallara Automobili is preparing to change owners at the prestigious RM Sotheby’s auction. It is about the Macchina Posto Singolo model – a car created at the height of the pandemic, when most people were sitting at home, and the engineer Giampaolo Dallara realized an unusual project together with his team.
In Paris is preparing an event that could shake up the art market: March 26 auction house Bonhams Cornette de Saint Cyr will auction the largest work ever created by Salvador Dalí. It is about grandiose scenery for the ballet “Bacchanale” (“Bacchanale”) – a work that combines painting, theater and the manifesto of surrealism in one monumental project.
In 2025, Christie’s confidently crossed the $1 billion mark in luxury sales (excluding private transactions), demonstrating one of the most dynamic periods in recent years. The key driver of growth was young collectors, as well as the notable strengthening of digital sales channels.
For sale in California (USA) is the diary of Robert Lewis, one of the pilots of the B-29 “Enola Gay” bomber that dropped the atomic bomb on Hiroshima (Japan) on August 6, 1945.
In the U.S. auction house Broad Arrow auctioned a truly unique specimen – almost new Jaguar XJ220 of 1994, according to Logos Press.
The 1986 Lotus racing car, on which legendary Brazilian driver Ayrton Senna scored his striking victories in Formula-1 races, may go up for auction for $12 million, according to Logos Press.
