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sothebys abu dhabi luxury auctions collectors week 1234750374

Sotheby's will launch its first luxury marquee auction series in Abu Dhabi this December, called Abu Dhabi Collectors' Week. Running from December 3 to 5 at the St. Regis Saadiyat Island Resort, the sales will feature cars, watches, jewelry, and real estate, alongside a museum-quality art exhibition spanning Old Masters to contemporary works. The auctions are organized in partnership with the Abu Dhabi Investment Office (ADIO) and coincide with major regional events like the Abu Dhabi Grand Prix and Abu Dhabi Finance Week. Headline lots include The Desert Rose diamond (estimated $5–7 million), a rare Rolex Daytona watch ($500,000–$1 million), and a 2017 Pagani Zonda 760 Riviera ($9.5–10.5 million).

sothebys to unveil 1 b of art and luxury goods during abu dhabi collectors week in december 1234762692

Sotheby's announced that $1 billion worth of fine art and luxury goods will be unveiled during Abu Dhabi Collectors' Week, running from December 2 to 5. The event includes non-selling exhibitions of high-value artworks, such as a Rembrandt drawing and Gustav Klimt's 'Dame mit Fächer,' while luxury items like McLaren racing cars, a Jane Birkin handbag, diamonds, and real estate will be offered at auction or privately, with over $150 million going to auction and $100 million in private sales.

birkin bag buyer revealed shinsuke sakimoto 1234747725

Shinsuke Sakimoto, CEO of luxury reseller Valuence Holdings, revealed himself as the buyer of a Hermès Birkin bag that sold at Sotheby’s Paris for €8.6 million ($10 million). The handmade black leather bag, originally commissioned in 1984 for actress Jane Birkin by then-Hermès CEO Jean-Louis Dumas, had been in a private French collection since its last auction in 2000. Sakimoto, previously anonymous, told the Khaleej Times that winning the bag was a personal milestone and a defining moment for his company.