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‘Casablanca’ piano auctioned for $600,000, less than expected – UPI.com
NEW YORK, Dec. 15 (UPI) — A piano briefly seen in 1942’s “Casablanca” sold at auction for $602,500, about half of the highest estimates for the item, New York’s Sotheby’s said.
The winning bidder, whose name was not reported, bid $500,000 on the item Friday, though commissions added $102,000 to the total, The New York Times reported. Sotheby’s had estimated the piano would sell for between $800,000 and $1.2 million.
The piano was one of two used in “Casablanca,” and was small, with 58 keys, 30 fewer than a conventional piano.
It was used in a flashback scene at a Paris cafe named “La Belle Aurore.” The piano was on camera for 1 minute and 10 seconds, and actor Dooley Wilson, who played Sam in the classic film, mimicked playing it while singing in the film, the Times reported.
Sotheby’s last auctioned the piano in 1988 for $155,000, the second-highest price for Hollywood memorabilia at the time, the newspaper said.
via ‘Casablanca’ piano auctioned for $600,000, less than expected – UPI.com.
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Sotheby’s sale sets Miro record, others disappoint | Reuters
Reuters – Sotheby’s set a new auction record for Spanish artist Joan Miro on Tuesday when his 1927 painting “Peinture (Etoile Bleue)” fetched 23.6 million pounds ($36.9 million), but elsewhere the sale failed to meet expectations.
Overall, the auctioneer raised 75.0 million pounds ($117.7 million) at its impressionist and modern art evening sale in London, just beating the low estimate of 73 million pounds but falling short when buyer’s premium is taken into account.
The auction was the first in a busy season of sales of fine art in London which, if the highest expectations are met, could raise up to $1 billion.But it painted an uncertain picture, with the New York Times describing proceedings on the night as “lackluster” and “bumpy.”
Confidence in the art market has been sky high in 2012 despite broader economic concerns, with emerging collectors from Russia, China and the Middle East helping push values to record highs as they seek to snap up the most coveted works.
On offer at Sotheby’s was one of Miro’s most important paintings, and the previous auction record for the artist of 16.8 million pounds was comfortably eclipsed.
“His works from this period are supremely modern, timeless and of great universal appeal, making this precisely the type of painting that today’s international collectors are prepared to lock horns over, as they did this evening,” said Helena Newman, head of Sotheby’s impressionist and modern art in Europe.
via Sotheby’s sale sets Miro record, others disappoint | Reuters.
Strange Random Auction Quote:
“I used to save all my rejection slips because I told myself, one day I’m going to autograph these and auction them. And then I lost the box.” – James Lee Burke
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Warhol could fetch $85 million at auction | WORLD News
An iconic portrait of Elvis Presley by pop artist Andy Warhol is poised to fetch as much as $70 million (NZD$85) million when it hits the auction block in May, Sotheby’s said today.
The life-size painting, Double Elvis (Ferus Type) from 1963, epitomises Warhol’s obsessions with fame, stardom and the public image, according to Sotheby’s.
Estimated to sell for $40 million to $70 million, it will be included in the auction house‘s May 9 sale of post-war and contemporary art.
“The silver background of Double Elvis (Ferus Type), along with the subtle variations in tone give the serial imagery a sense of rhythmic variation that recalls the artist’s masterpiece, 200 One Dollar Bills completed the previous year,” Sotheby’s said in a statement.
That work soared to nearly $53 million or four times its estimate in 2009, when the art market was reeling from the financial crisis that struck in 2008. It was the highlight of the season, and achieved the highest price of any work at the fall auctions.
In the Double Elvis work, Presley is dressed as a cowboy, shooting a gun. Sotheby’s described him in the work “a Hollywood icon of the sixties rather than the rebellious singer who shook the world of music in the sixties.”
The double in the title refers to a shadowy image of Presley in the same pose that appears next to him in the work.
via Warhol could fetch $85 million at auction | WORLD News.
Strange Random Andy Warhol Quote:
I read an article on me once that described my machine-method of silk-screen copying and painting:
‘What a bold and audacious solution, what depths of the man are revealed in this solution!’
What does that mean?
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Reuters –
An iconic portrait of 



Bram Stoker’s restored Dracula desk up for auction | Reuters
via Bram Stoker’s restored Dracula desk up for auction | Reuters.
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