Scott Reyburn

A 1963 Ferrari 250 GTO racer has become the world’s most expensive car, selling for $52 million.

Two paintings by Canaletto that have been owned by a succession of bankers are estimated to sell for as much as 12 million pounds ($19.5 million) at auction.

A collection of artworks depicting the British model Kate Moss sold in London for 1.7 million pounds ($2.73 million), meeting estimates.

A 59.60-carat pink diamond is estimated to raise more than $60 million, a record for any gemstone at auction, when it is sold in Switzerland in November.

Billionaire philanthropist Eli Broad is the world’s top art collector, according to a new database containing profiles of more than 3,000 wealthy buyers.

A metal sign from the London headquarters of Lehman Brothers Holdings Inc. sold at auction today for 9,375 pounds ($14,915) -- a quarter of its price three years ago.

A 1935 Ferrari-team Alfa Romeo sold yesterday for a record $9.37 million at a U.K. auction.

Art from the collection of the Geneva-based dealer Jan Krugier, who sold works for the family of Picasso, is estimated to raise at least $170 million when it is auctioned in New York in November.

A 118.28-carat white diamond is estimated to sell for more than $28 million at auction in Hong Kong next month. The price, if achieved, would be a record for any colorless gem at a public sale.

A James Bond Lotus submarine and a 1957 Maserati sold last night at a $33 million car auction.

A Mercedes Gullwing coupe sold for $1.15 million last night at the start of auctions that test demand for what has been a booming market for classic cars.

Sotheby’s, the New York-based auction house, will open a new art gallery for private sales in London this fall with a show of works by the German artist Joseph Beuys during “Frieze Week.”