ARTICLES RELATING TO AUCTION

How to buy a car on auction

2015-07-19 15:11

The first thing you need to know when buying a car on auction is that it is sold “voetstoots”, which means that you buy the item as is, so you need to make sure you do your homework.

How to buy a house on auction

2015-06-21 15:00

Buying a house on auction no longer means that you are only looking at distressed property sales. In fact, homeowners today are turning to auctions more often as a means to sell their homes as quickly as possible for as high a price as possible. Neesa Moodley has a look at what buyers need to know

McLaren F1 'LM' seeks R150m at auction

2015-06-04 10:23

A deep-pocketed car-lover could buy a rare McLaren F1 when it is auctioned from a collection of 'the finest sports and supercars'.

'Perfect' diamond from SA sells for $22m

2015-04-22 09:42

A "perfect" 100-carat diamond in a classic emerald cut mined in mined in southern Africa has sold for just over $22m at auction.

Records fall at retro racer auction

2015-02-24 11:45

Four record prices have been set at a the Race Retro auction for classic vehicles. A rare 1991 Ferrari Testarossa sold for R3.6-million!

Caterham and the bailiffs: Latest

2014-10-03 09:50

The Caterham Formula 1 team was visited by bailiffs in England earlier this week and several items were seized. Now it seems the legal beagles might have got it wrong...

Classic Ferrari sold for R404-million

2014-08-18 13:04

A 1962/63 Ferrari 250 GTO has become one of the most valuable and coveted cars in the world when it sold for R404-million at an auction in California.

Kyalami update: Toby tells his story

2014-07-24 13:46

South Africa's world-famous Kyalami race track is safe in the hands of motorsport's new hero. The racetrack has been sold at auction for R205-million to Porsche South Africa MD Toby Venter.

Wartime dictator Mussolini's Alfa sold

2014-06-16 08:48

An Alfa Romeo convertible, commandeered from the former Italian king by wartime dictator Benito Mussolini, has been auctioned in France for the equivalent of R2.16-million,

Kyalami track for no-reserve auction

2014-06-04 13:53

One of the world's most famous racetracks, Kyalami, will in July 2014 be sold at auction and without reserve.

 

'Ultimate' Landy 12-seater for auction

2015-07-09 12:31

A 30-year-old, 12-seater, Land Rover Defender wagon that's done fewer that 160km since restoration is for auction. How much, you think?

Nemo's Nautilus six-wheeler for auction

2015-06-19 09:26

There's only two of Captain Nemo's six-wheeled Nautilus cars - this one is looking for a new home. See what it's said to be worth...

Sotheby's to proceed with sale of 'stolen' Russian painting

2015-05-31 16:00

Sotheby's says it will proceed with the auction in London of a painting by a famous Russian artist Russian which authorities say was stolen.

'Perfect' diamond mined in SA could fetch $25m

2015-04-21 19:02

An eye-popping 100-carat diamond will be the highlight of a magnificent jewels sale in New York and could sell for up to $25m, Sotheby's auction house says.

Italian icons set to rock Silvertsone

2014-12-22 08:25

If you have some money left to spare after the Christmas Holidays, Silverstone Auctions has a special Italian sports car collection ready for the February 2015 sale.

One-owner E-Type sells for R800 000

2014-09-09 06:39

A rare 1972 Jaguar E-type went under the hammer for more than double its estimate at an auction conducted by Barons in England.

Most expensive Ferrari up for sale

2014-07-28 10:38

Could this be the most expensive Ferrari? A 50-year-old car that was one of only three made was set to sell for the equivalent of R356-million.

Sotheby's partners eBay for art auctions

2014-07-15 10:34

Highbrow art house Sotheby's is opening a door to the masses in an alliance with eBay to make sales more accessible to the broadest possible audience around the world.

Modigliani painting sells for €13.5m

2014-06-05 13:34

A painting by Italian artist Amedeo Modigliani sold at an auction in Paris for €13.5m, a record for the artist's work in France, Sotheby's announced.

Iran's domestic art scene thrives

2014-06-02 11:10

Iran's smart set turned out in force for this year's Tehran Art Auction, spending a record amount as the country's modern and contemporary art scene thrives.

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