JFK diary written in post-World War II Europe up for auction

This diary was written in 1945 when the 28-year-old John F. Kennedy was a correspondent for Hearst newspapers. RR Auctions image

 

BOSTON (AP) – A diary kept by a young John F. Kennedy during his brief stint as a journalist after World War II in which he reflected on Hitler, the ambitions of the Soviet Union and the weakness of the United Nations is up for auction.

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Heritage Auctions’ 2016 online sales topped $348M, 40% of gross

Heritage Auctions has noted very strong growth year over year in its Sports department. The company achieved a world record price for this 1952 Topps Mickey Mantle rookie card in November 2016 when it sold for $1,135,250. Heritage Auctions image

 

DALLAS – Heritage Auctions has announced in a press release that its 2016 online auction sales totaled $348,107,079, “far outpacing all other auction houses in online sales.”

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Christie’s opening Beverly Hills flagship location in April

Views of Christie’s new West Coast flagship in the heart of Beverly Hills. Renderings copyright wHY

 

LOS ANGELES – Christie’s is expanding its West Coast presence by opening a new flagship location in Beverly Hills, California. The 5,400 square foot, two-story facility is on North Camden Drive near the corner of Wilshire Boulevard, will open in April.

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Heritage Auctions’ sales top $850 million in 2016

Heritage Auctions set a world record price for this 1952 Topps Mickey Mantle rookie card in November: $1,135,250. Heritage Auctions image

Heritage Auctions set a world record price for this 1952 Topps Mickey Mantle rookie card in November: $1,135,250. Heritage Auctions image

 

DALLAS – Heritage Auctions announced sales of more than $850 million for 2016, the firm’s third-best year ever, and nearly equal to its 2015 sales of $860 million. The results are a signal of the company’s continuing dominance in the collectibles realm. Heritage’s fine art category recorded a 28 percent leap in 2016.

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Oakridge Auction Gallery moves to larger facility

These celadon bowls are representative of the items that will be sold in Oakridge Auction Gallery's March sale.

These celadon bowls are representative of the items that will be included at Oakridge Auction Gallery’s March sale.

 

ASHBURN, Va. – Oakridge Auction Gallery Inc. is moving to an expanded facility in Ashburn, Va. The new gallery is in Loudoun County, Va., just 6 miles from Dulles International Airport. At 8,000 square feet, it doubles the size of the old location in Vienna, Va.

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Businesswoman Sherry S. Russell acquires Alderfer’s Auctioneers

Sherry S. Russell, new owner of Alderfer's, and Sandy L. Alderfer

Sherry S. Russell, new owner of Alderfer’s, and Sandy L. Alderfer

 

HATFIELD, Pa. – Sandy L. Alderfer, CEO of Alderfer’s Auctioneers & Appraisers, announced today that Sherry S. Russell has now taken ownership of the newly branded Alderfer Auction. “I could not be happier to pass the baton to Sherry,” Alderfer said. “She is an experienced CEO who will carry on the Alderfer legacy with a commitment to our local community and will be a tremendous asset to the larger auction industry.”

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Christie’s announces changes to company leadership

Guillaume Cerruti and Patricia Barbizet. Christie's image

Guillaume Cerruti and Patricia Barbizet. Christie’s image

 

LONDON – Christie’s has announced changes to the company governance structure effective Jan. 1. Guillaume Cerruti has been selected as the company’s new chief executive officer. Majority owner Francois Pinault assumes the role of chairman of the board and Patricia Barbizet has been appointed vice chairman.

Cerutti, a well-known authority in the art world, currently is the president of Christie’s Europe, Middle East, Russia and India operations. He has been operating for over a decade as a senior executive in the art auction world and within the cultural industry for over 20 years.

Christie’s global executive leadership team remains in place with Stephen Brooks continuing in his role as deputy chief executive officer, overseeing all operational aspects of the business. Global President Jussi Pylkkänen continues in his role working directly with leading collectors, shaping the curation and sales strategies.

“It is a great honor to take forward the company’s strategic initiatives and continue the successful work that have been implemented under Patricia’s tutorship. At year-end, Christie’s continues to lead the market globally, and is poised for continued success. I will rely on Christie’s exceptional talents to build and adapt the company for the future,” said Cerutti.

“Two years ago I asked Patricia to take the helm of Christie’s and adapt the organization to the new challenges of the art industry and market. During these two years, she has worked tirelessly on the key milestones we had established to capitalize upon Christie’s leadership. She has led the company to a point where it is appropriate to pass the baton to Guillaume Cerutti,” said Pinault. “It will now be for him to push this advantage even further. Patricia and I will provide Guillaume our continuous support so Christie’s can thrive for the greatest benefit of its clients, its specialist community, its employees and all art connoisseurs.”

In bid to fight art fraud, Sotheby’s acquires forensic lab

Sotheby's headquarters at York Avenue and 71st Street in Manhattan. Photo by Jim Henderson.

Sotheby’s headquarters at York Avenue and 71st Street in Manhattan. Photo by Jim Henderson.

 

NEW YORK (AP) – In bid to fight art fraud, Sotheby’s has announced its purchase of a forensics firm whose founder once helped the auction house belatedly identify a $10 million painting as a fake.

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Items related to JFK assassination being auctioned

The .38-caliber Colt Police Positive double-action revolver used by late Dallas police officer Gerald Hill in the arrest of Lee Harvey Oswald. Heritage Auctions image

The .38-caliber Colt Police Positive double-action revolver used by late Dallas police officer Gerald Hill in the arrest of Lee Harvey Oswald. Heritage Auctions image

 

DALLAS (AP) – Items related to the assassination of President John F. Kennedy are being auctioned as the 53rd anniversary of the president’s assassination in Texas rolls around.

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David Bowie sale smashes expectations as Basquiat painting fetches $8.8M

David Bowie's art collection sold Thursday and Friday in London. The painting shown at the far left, Peter Lanyon's 'Witness,' 1961, sold for a record £797,000 ($994,762). Sotheby's image

David Bowie’s art collection sold Thursday and Friday in London. The painting shown at the far left, Peter Lanyon’s ‘Witness,’ 1961, sold for a record £797,000 ($994,762). Sotheby’s image

 

LONDON (AP) – Buyers have snapped up modern artworks collected by David Bowie, with a painting by Jean-Michel Basquiat selling for more than 7 million pounds ($8.8 million) at a London auction.

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