Friday, 03 Jul 2020 08:04 AM MYT
NEW YORK, July 3 — Although live auctions are slowly resuming after a long suspension due to the coronavirus pandemic, collectors have continued to acquire luxury collectables in multiple online auctions. by Knight Frank Research suggests that collectors prefer to invest their assets in very specific objects of desire.The market for rare whiskys has grown in value the most over the last 10 years , with Knight Frank Research noting that collectors continue to seek out rare examples from iconic distilleries such as Dalmore, Springbank, Ardbeg and Lagavulin.
The coveted piece sold for just under £1.45 million during Sotheby’s “The Ultimate Whisky Collection” sale, surpassing its pre-sale estimate between £350,000 and £450,000 .The art market registered growth of 141 per cent over the last 10 years, and a more modest 5 per cent in the past 12 months. While 2019 was marked by records such as the US$91 million sale of Jeff Koons’ “Rabbit,” auction houses had to move several of their marquee sales online in reaction to the pandemic.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fernandes double steers Man United to 3-0 win at Brighton | Malay MailBRIGHTON, July 1 — Bruno Fernandes capped a fine individual performance with two goals and Mason Greenwood added another as Manchester United won 3-0 at Brighton and Hove Albion in the Premier League on Tuesday to stay in the hunt for a top-four finish. Having stretched their unbeaten run in all...
Source: malaymail - 🏆 1. / 86 Read more »
Netanyahu hides cards on eve of Israel ‘annexations’ date | Malay MailJERUSALEM, June 30 — Israel’s deputy premier has said West Bank annexations must wait, while allies and regional powers have condemned the project — but hours before his government can move forward, the prime minister’s plans remained unknown today. Right-wing premier Benjamin Netanyahu has...
Source: malaymail - 🏆 1. / 86 Read more »
Brazil education minister quits after 5 days, over inflated resume | Malay MailBRASILIA, July 1 — Brazilian President Jair Bolsonaro's pick for education minister quit yesterday, in a storm over irregularities in his curriculum vitae just five days after he was appointed and before he was sworn in. Economist Carlos Decotelli's resume included a doctorate and post-doctoral...
Source: malaymail - 🏆 1. / 86 Read more »
Hong Kong police make first arrest against protesters under new security law | Malay MailHONG KONG, July 1 — Hong Kong police moved swiftly today against protesters gearing up for the first rally since the introduction of sweeping security legislation, making their first arrest under it and warning of punishment for pro-independence material. Beijing yesterday unveiled the details of...
Source: malaymail - 🏆 1. / 86 Read more »
Greece reopens islands to flights in bid to save tourism season | Malay MailCORFU, July 1 — Greece on Wednesday reopened flights to its flagship island destinations as it raced to salvage a portion of the annual tourism season that is vital to its economy. Over 100 flights are expected at 14 regional airports that include the popular islands of Corfu, Santorini,...
Source: malaymail - 🏆 1. / 86 Read more »
US consumer confidence perks up as rising Covid-19 cases cast shadow over recovery | Malay MailWASHINGTON, July 1 ― US consumer confidence rebounded in June as businesses reopened, strengthening views that the economic downturn was likely over, though rising Covid-19 infections threaten to derail the budding recovery. The survey from the Conference Board yesterday followed a sharp surge in...
Source: malaymail - 🏆 1. / 86 Read more »