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...local. Contemporary Chinese art is currently one of the hottest genres anywhere. In the past 19 months Sotheby's has created a stand-alone modern-Chinese-art division, and Christie's showcases the art alongside such modern masters as Andy Warhol and Willem de Kooning. At a Christie's auction in October in New York City, pieces by Chinese painters Li Songsong, Yan Lei and Zhang Xiaogang set record prices. Another Christie's auction in Hong Kong in November broke records again: a 1993 painting by Zhang went for $2.3 million, the most ever paid for a work...

Author: /time Magazine | Title: The Great China Sale | 12/17/2006 | See Source »

...million Price an Auto Union D-Type, a rare 1939 German race car, is expected to sell for at a February auction in Paris $100,000 Amount Adolf Hitler paid to commission the car's design...

Author: /time Magazine | Title: Milestones | 12/10/2006 | See Source »

...real stories of Paris," says Christian Louboutin, sitting in his cluttered office on the rue Jean-Jacques Rousseau. "Hôtel Drouot, for example, is a place where you see people selling their estate, and when they do, you see really their whole life. It's not just an auction house with glamour sales of famous paintings." Among his other usual haunts: a gardening bookshop, a restaurant for the blind and a very reliable Parisian shirtmaker. Here's a peek inside the little black book of one of fashion's greatest footwear designers...

Author: /time Magazine | Title: Paris: Christian Louboutin | 12/6/2006 | See Source »

...Drouot, 9 rue Drouot (33-1-48-00-20-20). This is a true Parisian auction house. It's very moving when you see an entire estate for sale?from paintings to dish towels. Plus, it's really a very wide range of social classes all mixed together...

Author: /time Magazine | Title: Paris: Christian Louboutin | 12/6/2006 | See Source »

Hadid's furniture line, Seamless, follows a less traditional route to the market. Auction house Phillips de Pury & Co. commissioned items to be crafted by Established & Sons, a British furniture maker. Eight to 12 pieces of each design will be made. After a short exhibition, the entire collection will be auctioned off for large sums at Phillips...

Author: /time Magazine | Title: A to Z | 12/6/2006 | See Source »

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