Word: auctions
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...played 82 concerts in 58 cities as part of the HIStory tour. And, of course, there have been some embarrassing moments that infamously earned him the nickname Wacko Jacko. Stories of personal, health and financial problems have constantly cropped up, and he's currently trying to stop an auction of thousands of his personal possessions. (See pictures of the auction items for sale...
...want to stress that I will not pay for this bid.' CAI MINGCHAO, the winning bidder on the $36 million statues and a member of China's Lost Cultural Relics Foundation, saying he sabotaged the auction out of a sense of patriotic duty...
...Sale of the Century, as it was called, was held at Paris' Grand Palais, and it was not a sale at all but an auction of the art collected by the late iconic French designer Yves Saint Laurent and his business and former life partner, Pierre Bergé. It's understandable if you want to dismiss the hundreds of millions spent on someone else's stuff as just another example of clueless extravagance in an age of thrift. But for those with means, there was something else for sale, as valuable and just as likely to drive a person to irrational...
...pictures of the items available in the auction...
...Giovanna Bertazzoni, head of Impressionist and modern art for Christie's London, is hoping that Monday's record results will give a boost to future sales, after several auctions have taken place with extremely limited supply. "This was a special case," she said of the Paris auction. "But we hope that this will help us unearth more masterpieces, to convince others that this is a good time to sell. We see tonight that people very much still want to invest in art." Nevertheless, the same logic - and the shaky world financial system - may yet convince collectors to hold...