One to Watch: George Duckett, auctioneer, 26

"You don't need lots of money to buy works of art that are over 200 years old." This newcomer auctioneer from London has started an online auction of pictures at 25 Blythe Road in Kensington.

The world's most expensive watch - pledged to Sotheby's

A member of the Qatari royal family and one of the largest art buyers has pledged the world's most expensive watch and about 240 other collectibles to Sotheby's to cover debts owed to the auction house, according to court documents.

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American billionaire named as mystery buyer of 'The Scream'

American billionaire Leon Black is the mystery buyer who paid a record $120m (£74m) for Edvard Munch's masterpiece "The Scream" at Sotheby's in May, the most expensive work of art ever sold at auction, the Wall Street Journal said on Wednesday.

Top 10 art auction record-breakers

A version of Edvard Munch's classic masterpiece The Scream has fetched a record-breaking $119.9 million (£74 million), making it the most expensive work of art to be sold at auction.