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.

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First-edition books may fetch £15m

A collection of first-edition books, described as the greatest of its kind, is estimated to sell for between £8m and £15m at auction later this year.

Picasso collection expected to fetch £2.5m

A collection of prints by Pablo Picasso is expected to fetch around £2.5 million when they are auctioned later this year.

Sotheby's offers up the cream of 20th Century British art

Four “important works” by L.S Lowry are among a collection of 20th Century British artwork due to be auctioned next Wednesday.

NYC house where Capote lived is on sale for $18m

The Brooklyn town house where Truman Capote wrote "Breakfast at Tiffany's" and other notable works is on sale for $18 million.

US woman killed by crocodile

A US State Department spokesman confirmed that a 25-year-old American woman was killed by a crocodile while snorkelling in India's Andaman Islands last month.

Picasso sells at auction for record £70 million

A 1932 Pablo Picasso painting of his mistress has sold for $106.5 million (£70 million), a world record price for any work of art at auction.

Bonhams withdraw Roman sculptures with 'Medici link ' from auction

A collection of Roman sculptures that was due to be sold at Bonhams auction house in London yesterday has been withdrawn amid concerns that the statues may have originally been illegally excavated.

Fiell at home: How Britain's most stylish couple is giving us 'tools for living'

The couple opposite may not be instantly recognisable – but their influence certainly is. Charlotte and Peter Fiell have spent two decades educating the public about good contemporary design – and now they're set to extend their influence across our lives...

It's Just the Beating of My Heart, By Richard Aronowitz

An alcoholic art dealer has a dangerous affair

Rare blue diamond set to fetch £3.8m

A rare internally flawless blue diamond is expected to fetch up to £3.8 million when it is sold at auction next month.

Exposed for public view, Constable's rude period

Sketch was considered too risqué for Victorian standards of morality

Freud self-portrait sold for £2.8m

A self-portrait of Lucian Freud nursing a black eye after a punch-up with a taxi driver sold for more than £2.8 million when it went under the hammer.

Michael Glover: Giacometti showed man boiled down to his godless essence

It is not in the least surprising that a figure of a walking man by Alberto Giacometti should have broken auction records for 20th-century art at Sotheby's. Giacometti was a giant of 20th-century art. It was just a matter of time before the collectors noticed.

£4.7m - the average auction lot as art bounces back

The turning point that Britain’s ailing art market had been praying for seems to have arrived, at long last.

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