Displaying items by tag: showroom

On Sunday, July 28, 2013, a gunman sneaked into the posh Carlton Intercontinental hotel in Cannes, France, held up a diamond show and made off on foot with $136 million worth of jewels. It was the biggest heist to take place in Cannes, a notorious hot spot for the rich and famous, in years.

Current investigations show that the suspect acted alone and wore a scarf, hat and gloves to disguise his identity. The thief entered through the hotel’s ground floor showroom, held up some of the show’s staff with a handgun, grabbed the valuables, and exited through a side door that led to a side street. The entire holdup took approximately sixty seconds and occurred while three security guards looked on.

The jewels were on display as part of a presentation highlighting the Leviev diamond house, which is owned by Israeli billionaire Lev Leviev. The show was slated to remain on view at the hotel through the end of August. The Carlton, a Cannes landmark, was famously featured in Alfred Hitchcock’s To Catch a Thief starring Grace Kelly and Cary Grant. The hotel is celebrating its 100^th anniversary this year.

Investigations are still underway and French authorities are currently reviewing surveillance video footage.

The German startup, Auctionata, sold Egon Schiele’s (1890-1918) Reclining Woman (1916) for $2.3 million, breaking the record for any artwork sold as part of an online auction. The company, which is less than a year old, auctioned the watercolor on Friday, June 21, 2013 via webcast. The online auction record was previously help by Andy Warhol (1928-1987) whose Flowers series garnered $1.3 million in 2011.

Auctionata, which is helmed by Alexander Zacke, a former Ebay advisor, is planning to expand its online auction offerings to include various categories such as jewels, classic cars, wine and fine art. Along with holding weekly auctions, the company is hoping to establish an online showroom in New York City.

Auctionata currently employs around 250 people including specialists, curators and appraisers. Besides its online auction platform, the website boasts an online store where visitors can purchase antique or special items at their leisure.

Heritage Auctions, which is based in Dallas, TX, has announced that they will be expanding their New York City office. The company has leased over 5,000-square-feet of additional space next to their current Park Avenue location. The expansion, which has tripled the auction house’s space in New York, will include an area for private sales, a showroom for exhibiting auction highlights, and a saleroom for small, on-site auctions. Heritage will continue to hold their larger sales at the Fletcher Sinclair mansion across from the Metropolitan Museum of Art.

Heritage, which was established in 1976, is currently the largest auction house specializing in collectibles such as rare coins, civil war memorabilia, fine and rare wine, and rare books and manuscripts. The auction house brought in around $900 million in sales last year.