Masterworks by British contemporary art giants Francis Bacon and David Hockney will go under the hammer today in a £66 million bonanza.
Auctioneers are pinning their hopes on "über-collectors" to help London's summer art sales top last year's $1bn (£660m) total when the series kicks off later this month.
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A first edition of the first in the Harry Potter series containing hand drawings and annotations by author JK Rowling has sold at auction for £150,000.
It was a "healthy" night of sales at Sotheby's yesterday evening as a contemporary art auction brought in more than £74 million - the auction house's second-highest total for a February sale of contemporary art in London.
A Picasso painting has fetched more than £28.5 million at auction.
"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.
A piano used in the classic Bogart and Bergman film Casablanca sold for just over $600,000 yesterday, falling far short of predictions that it could fetch $1 million or more.
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.
A Gerhard Richter painting owned by Eric Clapton sold on Friday night for £21.3m - more than 30 times what he paid for it in 2001.
A slice of Beatles' history goes on sale next month when the original collage designed by Sir Peter Blake for the insert of the band's Sgt Pepper's Lonely Hearts Club Band is auctioned.
The scene of the FBI's gunfight with the mother of the notorious 1930s gang remains as it was in 1935
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.
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.
Star performer of Sotheby’s saleroom is the first ever to take a $1m bid
The only privately-owned version of Edvard Munch's classic masterpiece The Scream has gone on show in London for the first time before it is sold at auction in New York.