Christie's' sale of 35 works spanning the 20th and nascent 21st centuries also became the first auction at which two works each topped USD 140 million, when Giacometti's "Pointing Man" bronze sold for a record USD 141.3 million.
The new live auctions platform - ebay.com/sothebys - that launches on Tuesday pairs Sotheby's 270 years of experience selling art and antiques with eBay's digital expertise and 155 million active users worldwide to meet the demand for online bidding.
Christie's is conducting its second annual auction of Indian art. This year's auction features 80 pieces of art, including works by VS Gaitonde, Tyeb Mehta, SH Raza and Ram Kumar.
Art as an investment is a genuine contender as part of any sophisticated asset planning and cannot be overlooked
Steven P Murphy has been the CEO of Christie's since 2010 and is the first American to head the auctioneer. Prior to that he was the CEO of Rodale Inc from 2002 to 2009.
The firm will become the first international auction house to hold an event in India, scheduled to take place at The Taj Mahal Palace Hotel in Mumbai on December 19.
A portrait of Jeanne Hebuterne painted by Italian artist Amedeo Modigliani a year before his death in 1920 sold on Wednesday for 26.9 million pounds (USD 42 million), above the high estimate set by Christie's auctioneers.
Precious jade, modern masterpieces, museum-quality furniture and rare ceramics and porcelain are among thousands of art objects on offer during Christie's Asia week sales in September.
Sotheby's sold a view of Venice by Francesco Guardi for 26.7 million pounds (USD 42.9 million) on Wednesday, and said it was the highest price for any work of art sold at an international auction house this year.
Angelina Jolie and Sarah Jessica Parker, with annual salaries of USD 30 million each, are the highest paid actresses in Hollywood, according to a new ranking.
Actress Elizabeth Taylor's renowned collection of jewelry, works of art, fashion and memorabilia will be sold in a series of auctions starting in December, Christie's said on Wednesday.
A handbag belonging to former British Prime Minister Margaret Thatcher sold for 25,000 pounds (USD 40,000) at a charity auction late on Monday, Christie's said.
A revolver belonging to notorious American gangster Al Capone fetched 67,250 pounds (USD 110,000) at a London auction at Christie's on Wednesday. It had been expected to sell for 50-70,000 pounds.
Buoyed by record results amid a dramatic art market recovery and an increasingly global clientele, Christie's and Sotheby's are gearing up for spring auctions with nearly USD 1 billion of art for sale.
Actress Elizabeth Taylor's renowned collection of jewelry, works of art, clothing and memorabilia will be sold at a series of auctions, Christie's said on Saturday.
A green auction at Christie's to benefit the environment raised USD 1.4 million, with bidders paying USD 100,000 for a trip to the hottest Oscars parties or a day with former President Bill Clinton.
Auction house Christie's will put one of the world's largest pearls on the block at its Dubai spring jewellery sale on April 20 in a nostalgic reminder of the Emirate's pearl diving past.
At the top end of the art market, the financial crisis seems a distant memory -- surging prices saw Christie's and Sotheby's post impressive 2010 results that were back to, or above pre-crisis levels.
A Rembrandt portrait, one of the last works from the Dutch master's late career still in private hands, will be offered for sale at the TEFAF Maastricht art fair later this year for USD 47 million.
The world's largest auction house Christie's posted record annual sales of 3.3 billion pounds (USD 5 billion) in 2010, a jump of 53% on 2009, underlining the strength of the recovery in the fine art market.