I went to an auction at Christie's, where more than $30 million worth of jewelry was sold. I thought it would be stuffy and quiet — but it wasn't what I'd expected.
From the back of the room, I counted about 40 bidders, although several more filtered in late. Most sat in the rows of chairs in the center of the room but some sat against the back wall next to me.Christie's has strict press guidelines at auctions that only allow photographs of the back of bidders' heads.On either side of the room were about 25 Christie's staff members who were taking bids from clients over the phone.The phone bidders seemed very active in the auction.
"$16,000, are you sure? I'm selling at $16,000, last chance," she said. Then she banged her gavel."$16,000 to paddle 647."I had expected the atmosphere in the room to feel very stuffy and serious, but that wasn't the case at all. Bidders were greeting each other in a friendly manner and chatting and laughing. It seemed like many of them knew each other.And although I did see several bidders wearing suits, many were casually dressed.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Slack could publicly file its S-1 this week in a major step toward an IPOSlack, the $7 billion workplace chat app, is expected to file its S-1 on Friday.
Read more »
Is Silicon Valley Coming For Rosé?Famed venture capital firm Founders Fund just made its first-ever alcohol investment. Meet the 28-year-old entrepreneur behind the $7 million deal.
Read more »
Uber has raised $1 billion for its self-driving unit, which is now valued at more than $7 billionJapan's Softbank fund, Toyota, and DENSO Corporation are investing in Uber's Advanced Technologies Group, the company said Thursday.
Read more »
Singapore raises stakes for Macau casino permitsLas Vegas Sands and Genting will invest some $7 bln and endure harsher rules to extend their duopoly in the city-state. Investors flinched, wiping $2 bln off shares. It increases the odds that the Chinese gambling hub will demand more onerous terms from Wynn, MGM, and rivals, too.
Read more »
A German auction house is helping return Nazi-looted art to their rightful ownersCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
Photos of San Francisco after great earthquake of 1906 are sold at auctionForty photographs depicting the aftermath of the great San Francisco earthquake of 1906 — which occurred 113 years ago Thursday — went up for auction on the anniversary of the quake.
Read more »
$200k worth of jewelry gone in 30 seconds by a duo of Georgia mall thievesSMASH AND GRAB: Two men allegedly used a hammer to smash through a glass display inside a Georgia jewelry store and got away with $200,000 worth of diamond rings in just 30 seconds, according to police reports.
Read more »
This Entrepreneur Went From $400,000 In Credit Card Debt To Selling His Business For $1.65 BillionSon of Indian immigrants, a former lawyer and now a CEO, Reggie Aggarwal took on an industry worth more than the GDP of 90% of countries in the world and built a billion-dollar business in the process.
Read more »
A sketch Donald Trump made of the Manhattan skyline is up for auctionAnd (surprise!) Trump Tower figures prominently.
Read more »
US Treasury yields move higher ahead of jobless data, auctionsU.S. government debt prices were lower Thursday morning, as market focus remained on corporate results.
Read more »
US Treasury yields tick lower as investors await economic data, auctionsU.S. government debt prices were higher Tuesday morning, as market participants looked ahead to economic data and Treasury auctions.
Read more »