Tag: auction
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BOC Launches Second Public Bid for Discayas’ Luxury Car Fleet Amid Fraud Allegations
Second Public Auction on the Horizon for Discayas’ Luxury Fleet The Bureau of Customs (BOC) has announced that it will proceed with a second public auction of a batch of luxury vehicles linked to the Discaya family. Authorities allege that the vehicles were imported and registered in the country through fraudulent means, prompting the government…
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Klimt Portrait That Averted Atrocities and Shattered Auction Records
Record-Breaking Klimt Portrait Headlines Sotheby’s Night In a dramatic moment for the art world, Gustav Klimt’s Portrait of Elisabeth Lederer commanded enormous attention and a record-breaking price at Sotheby’s in New York. The work, which ties its historical significance to the life-and-death stakes of the Holocaust, fetched an astonishing $236 million after a rapid, 20-minute…
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Klimt Portrait Sells for a World-Record $419 Million, Driving Sotheby’s Night of Historic Auctions
Record-Breaking Night at Sotheby’s in New York In a marquee event that underscored the resilience of the global art market, a rare Gustav Klimt portrait shattered records with a final price tag of $419 million. The unprecedented sale took place during Sotheby’s first major auction night in its new U.S. headquarters in New York, transforming…
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Klimt’s Elisabeth Lederer Portrait Lands a Record at Sotheby’s, Shaking the Art Market
Record-Breaking Night for Klimt and Sotheby’s Gustav Klimt’s Portrait of Elisabeth Lederer (1914–16) achieved a historic finale at Sotheby’s, selling for $236.4 million after a two-decade wait for a Klimt portrait at this level. The mammoth bid, which stretched across multiple rounds, instantly set a new benchmark for the Austrian painter and reshaped expectations for…
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Victorian Farmer Auctions Father’s Vintage Tractor Collection to Preserve Gippsland Heritage
From Farmstead to Auction Block: A Gippsland Heritage Auction In the rolling paddocks of Ripplebrook, Victoria, a quiet farm overseen by Tony Forrest is preparing for a sale that blends history with modern farming practicality. The veteran farmer, who has tended cattle alongside his late father’s enduring collection, has announced an auction of more than…
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Victorian Farmer Auctions Off Father’s Vintage Tractor Collection
Introduction: A Farm, a Family, and a Lifetime of Engines In Ripplebrook, a small Gippsland community surrounded by rolling paddocks and damper landscapes, a family farm is balancing the old with the new. Tony Forrest cultivates cows across his land while preparing to auction the late father’s remarkable collection of vintage tractors. The event is…
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How Real Estate Agents Could Duck Price Rules—and How Buyers and Sellers Can Protect Themselves
Understanding the Issue In competitive real estate markets, price rules and auctions exist to ensure fair play, transparency, and accurate price discovery. However, critics point to strategies some agents may use to sidestep these rules. While many principal brokers and agents operate ethically, it’s prudent for buyers and sellers to recognize potential pitfalls and know…
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Two The Block Homes Still for Sale at $3.1 Million Each: What Buyers Should Expect Now
Update on The Block auctions and current price expectations Two homes from the latest season of The Block are still on the market almost two weeks after the televised auction. Agents for each property have set a single asking price of 3.1 million Australian dollars. This price point gives potential buyers a clear barometer for…
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West Cork Farm Goes to Public Auction as Interest Grows Across All Lot Sizes
Overview: A 68-Acre West Cork Farm Heads to Public Auction A 68-acre farm in West Cork is heading to public auction after sustained bidding across several subdivided lots. The property, divided into five separate lots, has attracted offers on each parcel and notable interest in the entire holding. Local agents describe a vibrant land market…
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Rare early AU Falcon goes under the hammer: A piece of V8 Supercar history
Rare early AU Falcon AU V8 Supercar heads to auction A rare early example of a Ford Falcon AU V8 Supercar is set to fetch attention in an upcoming sale on My105. This historic race car, often referred to as JBMS 000, represents one of the first AU era chassis built by On Track Engineering…