The most expenisve clock sold at auction is the Rothschild Fabergé Clock Egg, which was made in 1902 by Peter Carl Fabergé. On 28 Nov 2007, this ornate timepiece sold for £8,980,500 (then $18,824,655) at Christies in London, UK, on 28 November 2007.
The clock has two spring barrels driving four gear-trains. The first powers the clock; the second the striking mechanism; the third set of gears power an elaborate gold enamelled cockerel that rises from a trapdoor in the top of the egg every hour, and moves as if to crow; the final gear train drives a tiny set of bellows that push air through a set of flutes, imitating the cockerel’s crow.
This clock is an example of a “Fabergé Egg”. These were highly ornate decorative pieces made by the House of Fabergé – a jeweler in St Petersburg, Russia – between 1885 and 1917. Most were designed by Peter Carl Fabergé (aka Karl Gustavovich Fabergé) and assembled by his “workmasters” Mikhail Perkhin and Henrik Wigström. They were masterpieces of the jeweler’s craft, requiring a year of work by highly skilled artisans and using only the finest materials (principally enameled gold and precious stones, but examples were made using cut-glass, jade and even finely turned wood).
The first was ordered by Tsar Alexander III as an easter present for his wife, and the Russian royal family would go on to be the primary customer for future examples (ordering 52 out of the approximately 69 made). Only eight of the eggs contained a clock movement, and the Rothschild Egg is one of only three with an automaton.
The Rothschild Egg is named for the person who commissioned it, Béatrice Ephrussi de Rothschild – a scion of the French branch of the wealthy Rothschild banking family. It was made as a gift for Germaine Halphen, to celebrate her engagement to Béatrice’s younger brother Édouard. It remained in the private collection of the Rothschild family, and was entirely unknown to Fabergé scholars until it went on sale in 2007. In 2014 it was donated to the Hermitage Museum in St Petersburg, Russia.
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History of Auctioneering
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A wall calendar featuring sketches of costume designs for characters from Alice in Wonderland was sold to an anonymous bidder for £36,000 (then US$57,848; €39,804) as part of a fundraising auction held in aid of the Muir Maxwell Trust and the Fettes Foundation (both UK). The auction took place at The Mad Hatter’s Tea Party held on The Queen’s Lawn at Fettes College, Edinburgh, UK on 3 July 2011.
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“Jimson Weed: White Flower No. 1” is the most expensive painting by Modernist artist Georgia O’Keeffe (USA, 1887-1986) sold at auction to date, making $44.4 million (£28 million) at Sotheby’s in New York, USA, on 20 November 2014. This also set the record for the most expensive painting by a female artist sold at auction.
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The highest amount of money paid for an autographed baseball is $191,200 (£103,766), when Heritage Auction Galleries sold a baseball signed in 1961 by legendary baseball player, Joe DiMaggio, and film star, Marilyn Monroe, (both USA) at an auction in Dallas, Texas, USA on 5 May 2006. The ball was acquired by an American photographer, Harry Harris in the 1960s. DiMaggio and Monroe had been married and divorced n 1954, but were seeking a reconciliation in 1961. The price is inclusive of the buyers’ premium.
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The most valuable baseball bat in the world is George Herman Ruth’s (A.K.A Babe Ruth) bat with which he hit the first home run at Yankee Stadium on opening day 18 April 1923 in New York City USA. The bat was purchased by MastroNet, Inc (Illinois based auction house) at a Sotheby’s New York auction for a record $1,265,000 (£654,694) on 2 December 2004.
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The most expensive sports memorabilia sold at an online auction is a 1952 Topps Mickey Mantle card, which sold for $12,600,000 (£10,722,310 / €12,643,344), on 28 August 2022.
The card is from Baseball Hall of Famer Mantle’s rookie season and was bought by its seller for just $50,000 in 1991. It was graded Mint+ 9.5 (out of 10) and was sold through Heritage Auctions.
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Collectable figure company ESC-TOY created a range of vinyl figures to tie-in with the release of Uncharted 3: Drake’s Deception, including an uncoloured Nathan Drake figure that was signed by the game’s staff. This unique item was then auctioned on eBay, where it raised $4,250 from an anonymous bidder on 31 December 2012. All the money from the auction went to the Child’s Play charity, an organization that seeks to improve the lives of children in hospitals through videogames.
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The most expensive wristwatch, and indeed most expensive watch overall, sold at auction is a one-off stainless-steel edition of the Patek Philippe Grandmaster Chime Ref. 6300A, which achieved 31 million Swiss francs (£24,329,900; $33,649,500; €28,520,400) at the eighth Only Watch auction held at Christie’s in Geneva, Switzerland, on 9 November 2019. As this was a charity event, there were no auction fees or buyer’s premium.
In addition to its one-off steel casing, several other features made this watch unique, including golden opaline and ebony-black dials and an inscription on one of the dials of “The Only One”.
Of the total CHF 38,593,000 accrued at the eighth Only Watch charity auction, 99% of the proceeds went to funding research into muscular dystrophy.
The previous most expensive wristwatch was a Rolex Oyster Cosmograph Daytona, aka the “Paul Newman” Rolex, which sold to a private telephone bidder for $17,752,500 (£13,520,300), including buyer’s premium, on 26 October 2017 at Phillips Auctioneers in New York City, USA.
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The most expensive artwork sold online is October on Cape Cod by American painter Edward Hopper, which fetched $9.6 m (£6.7 m) in an internet auction organized by Christie’s on 28 November 2012. Hopper produced the oil painting in 1946. He would often drive around the Massachusetts coast, painting scenes from his car. October on Cape Cod shows a house and a small barn, and exemplifies the solitude and isolation common to much of his work.
The online bidding platform Christie’s LIVE has been active since 2007 and allows customers around the world to bid on lots sold in Christie’s real sales rooms, as well as some auctions held exclusively online.
In 2014, the auction house announced that its online sales had grown 71% year on year.
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On 13–14 December 2011, Christie’s auction house in New York City, USA, hosted a sale entitled “The Collection of Elizabeth Taylor: The Legendary Jewels”, selling 269 items of jewellery formerly owned by the famous British-American actor for a total $137,235,575 (£88,090,700; €104,252,000). In addition to jewellery, the full sale, which ran from 3 to 17 December, also included items of fine art, fashion and movie memorabilia.
The jewellery sale also set several records for individual gems, including the most expensive pearl and the most expensive emerald sold at auction.
The 80 lots that were sold in the first evening sale (on 13 December) generated $115.9 million (£74.5 million; €88.1 million) of the total – a record for jewellery collection sold at auction in a single day.
All the proceeds of the sale went to the Elizabeth Taylor Foundation.
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