A Celebration of Classic Automobiles at RM Sotheby’s London Auction

Since its inaugural blue-riband auction in London in 2007, RM Sotheby’s has firmly established itself as a key highlight in the city’s annual calendar of events. Each year, the auction house surpasses its previous achievements, culminating in remarkable showcases like the Gran Turismo Collection in 2022, followed by the Factory Fresh Collection last year and the Cliveden House event in June. The upcoming auction to be held over the first two days of November is poised to set new standards, buoyed by the excitement of its location—the newly inaugurated Peninsula London in Belgravia, conveniently close to Buckingham Palace. The combination of a luxurious five-star venue and an exceptional array of classic automobiles promises to create an unforgettable experience. Below are some of the most distinguished lots that will be featured in next month’s auction.

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Since its inaugural blue-riband auction in London in 2007, RM Sotheby’s has firmly established itself as a key highlight in the city’s annual calendar of events. Each year, the auction house surpasses its previous achievements, culminating in remarkable showcases like the Gran Turismo Collection in 2022, followed by the Factory Fresh Collection last year and the Cliveden House event in June. The upcoming auction to be held over the first two days of November is poised to set new standards, buoyed by the excitement of its location—the newly inaugurated Peninsula London in Belgravia, conveniently close to Buckingham Palace. The combination of a luxurious five-star venue and an exceptional array of classic automobiles promises to create an unforgettable experience. Below are some of the most distinguished lots that will be featured in next month’s auction. 
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<h3 style="text-align: center; font-size: 30px; font-weight: normal;">1936 Delahaye 135 S Works</h3> 
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Delahaye, the prestigious French automobile manufacturer, began its journey into luxury racing in 1894. After a brief hiatus following the passing of founder Emile Delahaye in 1905, the company made a triumphant return to competitive racing in the 1930s with its iconic Type 135 model, which had various iterations, including the Type 135 MS. The featured 135 S Works is one of only two ever crafted and boasts a rich racing pedigree, having been piloted by the esteemed French driver Albert Tivo, known for his long-standing association with Bugatti, with a model named in his honour. This vehicle's illustrious history includes participation in the 1939 and 1949 editions of Le Mans, a notable appearance at the inaugural Goodwood Members’ Meeting, and victories at Donington for Thailand’s Prince Bira. Additionally, it gained cinematic fame, being featured in a short film with Jude Law at the wheel. The 135 S Works is eligible for some of the world's most prestigious automotive events, including a potential return to Le Mans. 
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<h3 style="text-align: center; font-size: 30px;">1963 Aston Martin DB4 Convertible</h3> 
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Among the rarest Aston Martin models ever produced, the DB4 Convertible stands out with just 70 units created. Uniquely, it is the only model fitted with a DB4 GT engine directly from the factory, though this was replaced in 1967 with a standard engine. The vehicle's history is somewhat obscure until after 1970 when it was acquired by a Hewlett Packard executive and shipped to the United States, later returning to the UK in 1984 before making its way back across the Atlantic. The current owner purchased the DB4 in 2014 and undertook a comprehensive restoration. The original Midnight Blue exterior and Red Connolly interiors were meticulously restored, and a GT-specification engine was reinstalled. Accompanying the vehicle are the original factory build sheet, photographs documenting its various ownerships, and a full restoration book detailing the extensive work carried out. 
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<h3 style="text-align: center; font-weight: normal; font-size: 30px;">1934 MG K3 Magnette Two-Seater</h3> 
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This seemingly unassuming automobile is, in fact, one of the most coveted competition models by MG, demonstrating that appearances can be deceiving. With its supercharged six-cylinder engine, the K3 is often seen as the underdog against larger racing rivals. Originally commissioned as part of a three-car team for the Mille Miglia, this particular model has undergone several modifications, including a low-mounted exhaust, rerouted fuel lines, and a fog light. Of the trio produced, it is the only one to retain all original modifications. After its Mille Miglia stint, the car was acquired by a notable Australian collector, who changed its colour to burgundy and replaced the engine. The K3 participated in numerous Australian races before being returned to the UK in 1999. While certain parts have been restored, the body has reportedly never been removed or damaged, making this an extraordinarily rare find. 
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<h3 style="text-align: center; font-weight: normal; font-size: 30px;">2009 Mercedes-Benz SL 65 AMG Black Series</h3> 
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One of the more contemporary lots in the auction, this model is one of just 350 examples produced and only 12 delivered to the UK. Based on the R230 model, the Black Series version features widened bodywork achieved by flaring the wheel arches, enhancing its commanding presence. Finished in an elegant Obsidian Black with a leather interior in Black and Anthracite, the SL 65 AMG originally boasted an impressive 612 horsepower, which was elevated to a remarkable 672 hp for the Black Series. Although electronically limited to a maximum speed of 199 kph, the vehicle showcases unparalleled performance. Delivered in July 2009, it enjoyed regular use until 2017, after which it has rarely been on the road. Last serviced in June 2024, it will be sold with a complete history and owner’s guides. 
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<h3 style="text-align: center; font-weight: normal; font-size: 30px;">1967 Rolls-Royce Phantom V Touring Limousine by James Young</h3> 
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Produced between 1959 and 1968, the Phantom V was sold as a bare chassis, allowing for custom bodies to be crafted. James Young, a distinguished coachbuilder for Rolls-Royce, designed this model as a traditional touring limousine, incorporating minor modifications for a more spacious cabin. The vehicle is presented in a refined two-tone Black and Garnet colour scheme, complemented by beige leather interiors. Factory features include air conditioning, radios for both front and rear compartments, hydraulically operated seats, silk curtains, and a glassware set. Believed to be the 502nd of 516 units manufactured, it was originally delivered to a Scottish dealer in 1967 and has maintained a low profile since, with limited information on its early ownership. The car had a long-term owner for two decades until 1999 and was later acquired by the Dean Kronsbein Collection in 2014. Recently restored by the esteemed Rolls-Royce and Bentley specialist P&amp;A Wood, it is presented in its original, pristine finish. 
The upcoming RM Sotheby’s London auction promises an exquisite collection of classic cars, each with its unique story and heritage, reflecting the timeless appeal of automotive excellence. 
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Sotheby’s Diamonds Sparkle in Upcoming Auction


Sotheby’s Hong Kong auction features a pair of 18.38-carat round brilliant diamonds from Botswana. Discover their unique beauty and provenance.

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Driven by a deep commitment to enduring beauty, Sotheby’s artisans are preparing for an exclusive sealed auction in Hong Kong, where they will present a pair of 18.38-carat round brilliant diamonds. Mined in Botswana, these exceptional gems are ready to be set according to the preferences of the highest bidder. 

The sealed platform offers a secure and confidential space for global buyers to bid on this remarkable pair of diamonds, destined to be treasured for generations. Sotheby’s will facilitate the connection between the successful bidder and top designers, enabling the creation of a bespoke setting that reflects the buyer’s individual style. 
Each diamond is unique, with distinct qualities that include dazzling brilliance, infinite reflections, fiery hues, and impressive proportions, making them extraordinary in their own right. These flawless gems stand as a testament to nature’s artistry, carrying an eternal legacy that now awaits its next chapter at the forthcoming auction. 
Not yet mounted, these round diamonds are of substantial size and are accompanied by reports confirming their D color grade. The GIA Diamond Grading Report serves as the gold standard for expert diamond assessment, providing the most reliable indicator of quality. 
 
<h2>Sotheby’s Diamonds Auction Continues an Eternal Legacy</h2> 
Diamonds, nearly as ancient as the Earth itself, possess an enduring beauty and intrinsic value that have captivated humanity for millennia. These extraordinary gems require no embellishment to achieve their true worth, as devoted collectors are driven by an innate desire to possess one of nature’s most remarkable treasures. 
Such gems often come with rich histories, and many find their perfect setting within the auctions at Sotheby’s. Throughout history, diamonds presented at Sotheby’s auctions have dazzled and captivated bidders and audiences alike. These diamonds are selected according to stringent criteria, ensuring that only the finest and rarest are featured in the prestigious auctions. 
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<h2>Botswana Natural Diamonds</h2> 
Botswana has emerged as the world’s leading diamond producer by value, largely due to its abundant natural diamond resources. The diamond mining industry in this Southern African nation operates under government licensing agreements, with natural diamonds serving as a cornerstone of Botswana’s economic development. 
Diamond mining contributes approximately 30% of the nation’s GDP, while activities related to cutting, polishing, and trading diamonds account for an additional 5%. In 2001, the Botswanan government launched legislation mandating that at least 40% of all revenue from diamond exports be allocated for the benefit of future generations. The remaining funds are directed toward investments in infrastructure, education, healthcare, and social security within the country. 
Botswana’s remarkable economic transformation is often credited to the discovery of diamonds. However, it is the prudent management of these rare and valuable resources that has truly driven the nation's progress. 
 
<h2>Provenance</h2> 
Diamonds are the hardest natural substance known to humanity, possessing a hardness 58 times greater than that of the toughest mineral on Earth. The only material capable of scratching a diamond is another diamond. While traditionally, the valuation of diamonds has primarily focused on their colour and clarity, recent years have seen a shift in the industry's emphasis towards understanding the provenance of these precious stones, driven by evolving consumer demand. 
The term "provenance," particularly when associated with jewellery or art, often evokes thoughts of the notable individuals who have owned or worn the item. However, an equally important dimension of provenance is the place of origin. The heritage of Botswana diamonds, in particular, is highly esteemed. A diamond from Botswana offers a credible and compelling origin story, resonating with buyers who value authenticity. 
To maintain the integrity and ensure the ethical provenance of its diamonds, the Okavango Diamond Company (ODC) – the largest source of certified Botswana diamonds – subjects its gems to stringent certification processes conducted by independent third-party organisations. In a recent development, ODC introduced the Green Star Source Programme, a traceability initiative that allows for the verification of polished diamonds' origins, linking them directly back to Botswana. 
 
<h2>About the Diamonds</h2> 
Thanks to the latest advancements in technology, the journey of a diamond can be documented with detailed precision, from the moment it is discovered in the mine, to the cutting and polishing stages and beyond. Electronically mapped, diamonds carry detailed records that culminate in their return from the GIA, complete with certification and ready to be set into a timeless piece of jewellery.&nbsp; 
The two diamonds mined in Botswana meet the highest standards in every aspect by which diamonds are evaluated. As D-color diamonds, they hold the highest grade for a white diamond and are certified as completely flawless, both internally and externally, with excellent polish and symmetry. These diamonds belong to the rare Type IIa subgroup, representing less than 2% of all gem-quality diamonds. They are among the most chemically pure, often displaying exceptional optical transparency, free from any measurable nitrogen or boron impurities, and possess the highest thermal conductivity. Accompanied by two GIA reports dated June 24, 2024, these diamonds have been confirmed as Type IIa, underscoring their rarity and provenance. 
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Claiming your own flawless diamond piece at Sotheby’s upcoming auction can make you a part of this age-old craft, its legacy, and its vision for the future. 
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Driven by a deep commitment to enduring beauty, Sotheby’s artisans are preparing for an exclusive sealed auction in Hong Kong, where they will present a pair of 18.38-carat round brilliant diamonds. Mined in Botswana, these exceptional gems are ready to be set according to the preferences of the highest bidder.

Dame Shirley Bassey Jewellery Revealed at Sotheby’s Auction

Dame Shirley Bassey's jewellery auction at Sotheby's Paris on Oct 10. Over 70 pieces, including gifts from Elton John, with proceeds supporting charity.

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Dame Shirley Bassey is celebrated for many things: her powerful voice, her status as a music icon with a career spanning over seven decades, and her timeless elegance, glamour, and grace. Growing up in Tiger Bay, the Welsh singer never imagined the heights her career would reach, taking her across the globe and earning her countless accolades. Alongside her enduring passion for music, Dame Shirley has another great love: jewellery. Now, the legendary voice behind the iconic James Bond theme "Diamonds Are Forever" is preparing to part with some of her treasured diamonds at an upcoming auction in Paris, including a diamond ring gifted to her by Sir Elton John. 
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/Dame%20Shirley%20Bassey%20Jewellery%20Revealed%20at%20Sothebys%20Auction-jpg-1-1.jpg" loading="lazy" width="4096" height="4096" alt="Dame Shirley Bassey Jewellery Revealed at Sotheby’s Auction"> 
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This marks the first time Dame Shirley is auctioning her jewellery, offering a rare opportunity to acquire these exquisite pieces. More importantly, the proceeds will benefit her chosen charities, making this event not only a celebration of her legacy but also a meaningful contribution to causes close to her heart. The collection is estimated to be worth around £2 million. 
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<h2>Shirley Bassey’s Diamonds Are Forever</h2> 
The auction, scheduled to take place in Paris on October 10th, offers enthusiasts of Dame Shirley Bassey’s jewelry a unique opportunity to acquire not merely a gem of exceptional quality but a tangible piece of history. As Dame Shirley herself recently noted, "Each piece carries significant meaning and a story of its own, whether it was a personal acquisition or a gift bestowed upon me." This event showcases not only remarkable artistry but also a collection steeped in a rare and illustrious history. Among the most notable items is a vintage 1960s Van Cleef &amp; Arpels ring, gifted to Dame Shirley by Elton John following her performance at one of his AIDS gala evenings. Another standout offering is a ruby and diamond heart parure, acquired during a stopover in Thailand en route to her inaugural concert in Australia. This auction represents an extraordinarily rare opportunity to bid and secure some truly remarkable pieces. 
The auction will feature over 70 pieces, including rubies, sapphires, and diamonds, to raise a substantial sum for charity. Sotheby’s anticipates significant interest, particularly in the emerald and diamond necklace by Van Cleef &amp; Arpels, which is expected to attract bids ranging from £52,000 to £65,000. Additional highlights include a diamond necklace, projected to fetch between £232,420 and £275,460, and a Cartier diamond and gold parure, estimated at £215,210. A yellow diamond ring is expected to command £172,150, alongside an aquamarine, sapphire, diamond, and gem set, estimated between £51,640 and £60,250. 
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<h2>A Career Marked by Royal Honours and Global Fame</h2> 
Bassey’s stellar career has gone from strength to strength which is exemplified by the fact she is now in her eighth decade in the spotlight. Her God-given talent, ability to connect with her audience and endless charisma have connected her with people of different generations from all across the globe. Despite its longevity, the singer shows no plans of slowing down stating: “Every step of my career has been about taking that chance, believing in myself, and making that leap. I live to sing and love to perform. Entertaining audiences for over 70 years has been a privilege.” 
Dame Shirley Bassey holds the distinction of being the only artist to have recorded not one, but three iconic James Bond themes – a feat that many recording artists would consider the opportunity of a lifetime. Her powerful renditions of "Goldfinger," "Diamonds Are Forever," and "Moonraker" have become legendary, securing her place in music history. At 87, the Welsh singer has been honoured with induction into the Grammy Hall of Fame and, most recently, was appointed a Member of the Order of the Companions of Honour by King Charles III, a testament to her profound contributions to music. Already a Dame since the 1999 Honours List, Bassey admitted that receiving this rare accolade from the King left her more nervous than performing for him. The exclusive title, awarded for services of "conspicuous national importance," is limited to just 65 individuals, underscoring the exceptional nature of her talents. 
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<h2>Diamonds Are Forever&nbsp;</h2> 
Diamonds Are Forever is undoubtedly one of the most iconic songs of all time and the recording alone, from 1971, secured the singer’s place in music history. Her powerful, faultless voice, paired with the timeless allure of natural diamonds, preserved the song’s status, creating an enduring connection between the legendary British artist and the world of fine jewellery. 
Her lifelong passion for diamonds preceded the recording of Diamonds Are Forever, a song she&nbsp; chose to perform because “ it rang true to me and the way I felt about diamonds then and now”. 
"Diamonds never lie to me / For when love's gone, they'll lustre on / Diamonds are forever, forever, forever." 
 
<h2>A Legacy Beyond the World of Music</h2> 
Over the course of her seven-decade career, Dame Shirley Bassey has established a legacy of resilience, extraordinary talent, and an unwavering commitment to the world of music. Her performances for heads of state, celebrities, and royalty have cemented her as a significant cultural figure, while her influence on the music industry and her contributions to society are both profound and multifaceted. Bassey's philanthropic endeavours, particularly her support for charities focused on cancer research and children’s welfare, further highlight her dedication to social causes. Notably, the Dame Shirley Bassey Scholarship, which provides financial support to art students and young music performers, shows her commitment to ensuring that future generations have ample opportunities to succeed. 
Dame Shirley Bassey's legacy will undoubtedly continue to be a powerful and enduring influence on the entertainment industry for generations to come. The opportunity to own a piece of that legacy through the acquisition of one of her exquisite jewellery items represents a significant honour for any successful bidder. 
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The Most Exquisite Vintage Automobiles at the RM Sotheby’s Hershey Auction

Discover the exquisite vintage cars at RM Sotheby’s Hershey Auction, showcasing rare gems like the 1935 Auburn Speedster and the 1965 Rolls-Royce Silver Cloud III.

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Hershey, nestled in the heart of Pennsylvania, is globally renowned for its chocolate and is a name that is indelibly linked with that of the United States. The region also holds an essential place in America’s automotive history and plays host to a historic annual event each October - the Eastern Fall Meet of the Antique Automobile Club of America (AACA). For over seven decades, this esteemed gathering has served as a haven for enthusiasts seeking rare and storied automobiles. RM Sotheby’s has been a notable presence at this prestigious event for the past twenty years as its official auction house. This year, an exceptional array of classic cars will be up for auction, including these magnificent vehicles.
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<h2>1935 Auburn 851 Supercharged Speedster</h2>
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/1935%20Auburn%20851%20Supercharged%20Speedster-jpg-2.jpg" loading="lazy" width="1600" height="1200" alt="1935 Auburn 851 Supercharged Speedster">
<a href="https://rmsothebys.com/auctions/hf24/lots/r0063-1935-auburn-851-supercharged-speedster/" rel="noopener" target="_blank">Click For Images</a>
The Auburn Speedster, an American counterpart to the European Bentleys and Bugattis of the 1920s and 30s, first made its debut in 1928. With a design that remained largely consistent throughout its production, the 1935 model stands out with its sleek, tapered rear bumper, earning it the moniker ‘boattail’. Sporting one of the later design variations by the illustrious Gordon Buehrig, this Speedster features a supercharged engine producing 150 horsepower, a notable upgrade from the standard model. Equipped with a dual-ratio rear axle, it adeptly navigates both urban landscapes and serene country roads.
This particular Speedster boasts a prestigious provenance, having been owned by prominent figures such as Tom Barrett and Chuck Spielman. The current owner acquired it in 2021, and it has been meticulously restored, preserving its original components and stunning black and red colour scheme.
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<h2>1933 LaSalle 345-C Convertible Coupe</h2>
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/1933%20LaSalle%20345-C%20Convertible%20Coupe-jpg-2.jpg" loading="lazy" width="1600" height="1200" alt="1933 LaSalle 345-C Convertible Coupe">
<a href="https://rmsothebys.com/auctions/hf24/lots/r0014-1933-lasalle-345c-convertible-coupe/" rel="noopener" target="_blank">Click For Images</a>
In the early 1920s, General Motors introduced a ‘companion make’ programme, creating brands such as LaSalle to complement its more famous marques like Cadillac. Despite its promise, LaSalle faced obsolescence in the early 1930s amid shifting tastes and economic downturns. However, under the guidance of Harley Earl, GMC’s chief designer, LaSalle was revitalised with a streamlined design in 1933, ensuring its survival for another seven years.
The 1933 LaSalle 345-C Convertible Coupe presented here is an exceedingly rare specimen — one of only 146 produced and just five remaining according to the LaSalle Club Directory. Meticulously restored with period-accurate details and adorned in a sophisticated grey and dark red colour scheme, it remains a prized find.
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<h2>1916 Locomobile Model 48, Series 6 Coupe by Locke</h2>
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/1916%20Locomobile%20Model%2048%2c%20Series%206%20Coupe%20by%20Locke-jpg-2.jpg" loading="lazy" width="1600" height="1200" alt="1916 Locomobile Model 48, Series 6 Coupe by Locke">
<a href="https://rmsothebys.com/auctions/hf24/lots/r0084-1916-locomobile-model-48-series-6-coupe-by-locke/" rel="noopener" target="_blank">Click For Images</a>
Connecticut’s Locomobile was esteemed for its robust and elegantly engineered vehicles during the Brass era. While their cars were known for reliability rather than flamboyance, the Model 48 defies this norm with its sportier, three-seater coupe design and vibrant emerald and yellow finish.
Although the early history of this particular model is somewhat obscure, it was part of an extensive collection owned by Helmut and Ivone Peitz before being acquired by Terence Adderley in 2013. It has since been showcased at various events and remains a highlight of the award-winning Adderley Collection.
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<h2>1937 Packard 1507 Twelve Coupe Roadster</h2>
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/1937%20Packard%201507%20Twelve%20Coupe%20Roadster-jpg-2.jpg" loading="lazy" width="1600" height="1200" alt="1937 Packard 1507 Twelve Coupe Roadster">
<a href="https://rmsothebys.com/auctions/hf24/lots/r0093-1937-packard-1507-twelve-coupe-roadster/" rel="noopener" target="_blank">Click For Images</a>
A rare gem within the Packard lineage, this Coupe Roadster is identified as the 38th model produced on the 1507 chassis. Originally owned by a relative of President Franklin D. Roosevelt, it changed hands several times before entering the collection of renowned car dealer Ervin ‘Bud’ Lyon in 1998. Lyon, known for his meticulous care and restoration work, commissioned expert Chris Charlton to restore the Packard to its original splendour.
In 2009, the vehicle was acquired by William B. Ruger Jr., whose connections enabled the car to be reunited with its original vehicle plate after it had long carried a reproduction.
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<h2>1926 Hispano-Suiza H6B Tourer by Hooper</h2>
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/1926%20Hispano-Suiza%20H6B%20Tourer%20by%20Hooper-jpg-2.jpg" loading="lazy" width="1600" height="1200" alt="1926 Hispano-Suiza H6B Tourer by Hooper">
<a href="https://rmsothebys.com/auctions/hf24/lots/r0068-1926-hispanosuiza-h6b-tourer-by-hooper/" rel="noopener" target="_blank">Click For Images</a>
The Hispano-Suiza, a French marque created by Swiss engineer Marc Birkigt and initially produced in Barcelona, Spain, is a striking example of French automotive artistry. This sense of craftsmanship is exemplified by the H6B, featuring a 135-horsepower six-cylinder engine and a bespoke chassis. Customised in London and reported to have originally been delivered in Kenya, this model has an intriguing history, with the earliest records of its provenance dating back to 1954. It journeyed across continents over the decades to find its current place in the Adderley Collection.
Restored to its original quality by Terrence Adderley, the Hispano-Suiza retains distinctive features from its previous ownership, such as smaller tyres fitted in the 1960s. It presents an excellent opportunity for a fresh restoration, enhancing its potential as a concours competitor.
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<h2>1965 Rolls-Royce Silver Cloud III Drophead Coupe by Mulliner Park Ward</h2>
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/1965%20Rolls-Royce%20Silver%20Cloud%20III%20Drophead%20Coupe%20by%20Mulliner%20Park%20Ward-jpg-2.jpg" loading="lazy" width="1600" height="1200" alt="1965 Rolls-Royce Silver Cloud III Drophead Coupe by Mulliner Park Ward">
<a href="https://rmsothebys.com/auctions/hf24/lots/r0054-1965-rollsroyce-silver-cloud-iii-drophead-coupe-by-mulliner-park-ward/" rel="noopener" target="_blank">Click For Images</a>
The establishment of Mulliner Park Ward by Rolls-Royce in the early 1960s marked the union of two prominent coachbuilders under a prestigious automotive brand. Mulliner primarily worked with customised Rolls-Royce chassis and faced the new challenge of building on a very modern design by Vilhelm Koren. Only 101 drophead coupes were produced, with 52 featuring a left-hand drive for American markets. This particular 1965 model was delivered to esteemed collector and dealer Donald Cain in New York.
Originally finished in porcelain white with a striking black and white leather interior, the car was later acquired by Andrew Darling, a prominent collector in the Midwest, who refitted it to a black and red palette. After his passing, it was auctioned by Sotheby’s in 1996 and remains a distinguished example of modern Rolls-Royce design.
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<h3>Final Thoughts</h3>
The RM Sotheby’s Hershey auction continues to uncover rare and cherished classics from America’s automotive history. This year’s offerings, a superb collection of vehicles spanning various eras, promise to captivate collectors and enthusiasts alike with their remarkable heritage and exceptional craftsmanship.{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"],"FreightBig":["Regular"]}) }}

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Sotheby’s Receives $1 Billion Investment from Abu Dhabi Investment Fund

Abu Dhabi's $1B investment in Sotheby's enhances its Middle Eastern growth, boosting luxury markets and regional expansion opportunities.

This Move Asserts the Strategy for the Brand’s Middle Eastern Growth 

<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/Abu%20Dhabi%20Invests%20$1%20Billion%20in%20Sotheby%E2%80%99s%20-jpg-2-1.jpg" loading="lazy" width="1600" height="1067" alt="Sotheby’s Receives $1 Billion Investment from Abu Dhabi Investment Fund"> 
Abu Dhabi has made an immense contribution to the growth of the arts and culture sector in the UAE, the first phase of which was the opening of the Louvre Abu Dhabi in 2017. Since then, the emirate has earned the title of the nation’s culture capital owing to its continual investment in the arts. 
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In early August of this year, Abu Dhabi acquired a minority stake in Sotheby’s auction house, a world-renowned purveyor of luxury goods such as fine art and jewellery since 1744. First founded in the UK with its current headquarters in New York, Sotheby’s has been building a steady presence in the Middle East, which will be further bolstered by the addition of a notable minority stakeholder from the region. 
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A total sum of $1 billion has been invested into the company, the majority of which was provided by the emirate’s third largest state investment fund ADQ. The remaining capital comes from Patrick Dahi, the owner of Sotheby’s and a majority shareholder since he acquired the Sotheby’s brand in 2019.&nbsp; 
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<h2>A Vision for Regional Expansion &nbsp;</h2> 
Through this investment, Sotheby’s has set its sights on further growth within the Middle East region, which has become a lucrative market for high-net-worth buyers. Charles F. Stewart, CEO of Sotheby’s, has expressed that the auction house is ‘delighted’ by the addition of ADQ as a minority stakeholder and the prospect of regional growth for the Sotheby’s brand.&nbsp; 
Stewart further commented: "The additional capital and investment expertise will enable us to accelerate our strategic initiatives, expand our commitment to excellence in the art and luxury markets, and continue to innovate to better serve our clients around the world.” 
This transaction is expected to be completed by the end of the year.&nbsp; 
The affiliation of Sotheby’s and the emirate of Abu Dhabi fits neatly into the strategic goals of ADQ, which aims to steer the economy of the UAE past oil towards a knowledge academy. To that end, ADQ has also invested significantly in healthcare, life sciences and energy, focusing on the long-term value provided for its growth strategy.&nbsp; 
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<h2>How does this impact Saudi Arabia Sotheby’s International Realty?</h2> 
<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/Dubai%20Sotheby%E2%80%99s%20International%20Realty-png-2-1.png" loading="lazy" alt="How does this impact Saudi Arabia Sotheby’s International Realty?" width="1600" height="840"> 
The magnitude of this investment underlines the high levels of trust that a brand with the pedigree of Sotheby’s continues to earn from around the world.&nbsp; 
According to Hamad Al Hammadi, ADQ deputy group CEO: “We are thrilled to partner with Sotheby’s, a prestigious institution with a rich history. ADQ is committed to pursuing compelling investments that add value to Abu Dhabi. This investment demonstrates our confidence in Sotheby’s brand, its leading market position, and the capability of its management team to drive growth.” 
He went on to add: “We look forward to exploring new collaboration opportunities with Sotheby’s and supporting its journey forward.” 
The regional expansion of the auction house presents Saudi Arabia Sotheby’s International Realty with new growth and partnership opportunities, allowing it to present high-net-worth clients with a greater range of options to expand their regional investment portfolios. There is a strong link between the fine art and real estate sectors, and the investor profiles for both are quite similar.&nbsp; 
This partnership is of particular benefit to Saudi Arabia Sotheby’s International Realty, providing further avenues to showcase prime real estate options to investors and collectors as the brand continues to strengthen its presence in the growing luxury sector of the region. 
Once the deal has been completed, Sotheby’s and the emirate of Abu Dhabi will be jointly poised to play a key part in driving the future of the fine art and luxury markets, in the Middle East and on a global scale.&nbsp;{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"],"__ActaDisplay_5dc6a7":["Light","Medium","Regular"]}) }}

This Move Asserts the Strategy for the Brand’s Middle Eastern Growth

Saudi Design and British Heritage: An Artistic Expression of Timeless Luxury

"Discover Asprey and Princess Nourah Al-Faisal's luxury handbag collection, blending British heritage with Saudi artistry in a unique capsule exhibition."

<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/Capsule%20Collection%20Exhibition-jpg-1-1.jpg" loading="lazy" width="1600" height="710" alt="Saudi Design and British Heritage: An Artistic Expression of Timeless Luxury"> 
Luxury handbags are a personal statement onto themselves, carrying bouts of character, and oozing prestige, elegance, and status. 

Sotheby’s latest Exclusive Capsule Collection Exhibition taking place in London from the 12th&nbsp; to the 30th of August, marks the first collaboration between the Asprey brand and Saudi jewellery designer Princess Nourah Al-Faisal, founder of Nuun Jewels.&nbsp; 
The sales exhibition will display limited-edition iterations of the iconic 1781 Asprey pochette in five colours, representing the five regions of Saudi Arabia, depicted in traditional Saudi embroidery patterns. 
The Exclusive Capsule Collection Exhibition is an artistic dialogue between two nations, two brands that speak the same universal language of creativity in their relentless pursuit to achieve excellence and beauty through craftsmanship. 
Princess Nourah Al-Faisal's personal approach with the collection was one conducive of authenticity and accuracy. A labour of love, the royal has extensively used the Art of Heritage Collection Archive as a reference and resource for the patterns she used in designing the bags. 
Nourah Al-Faisal is deeply committed to preserving the Saudi cultural identity and acts as Chief Executive Officer of the Art of Heritage, an organisation responsible for the conservation of Saudi heritage and culture. She lovingly attends to an archive containing over 57,000 artifacts including costumes, textiles, and jewelry. 
<h2>A Look Inside The House of Asprey</h2> 
Founded in 1781 The House of Asprey has been recognised as one of the world’s most prestigious luxury goods brands, serving a substantial clientele ranging from celebrities to members of royalty. For over two centuries, Asprey has been synonymous with British luxury at its best, crafting the finest jewellery, leather bags, and other luxury goods. 
Jewellery is however the most important aspect of the British retailer’s business. Asprey has been producing jewellery inspired by traditional English blooms, for prominent figures such as King Charles III, Queen Elizabeth II, Kate Middleton – Princess of Wales, and Helen Mirren. 
Asprey has been based in London’s New Bond Street for over 160 years and the venue gives a rare insight into the world of true luxury and the day-to-day runnings of this quintessentially British brand, where all items are still crafted by hand, keeping alive generational skills. 
Timeless Asprey Handbags Reimagined through the Lens of Saudi Cultural Heritage 
Saudi Jewelry Designer Nourah Al-Faisal’s collaboration with British heritage brand Asprey illustrates how the future of Saudi fashion is indeed abundant and full of potential, and when the craftsmanship of Asprey artisans comes into play, this can only result in a profound fusion of artistry and symbolism embedded in the cultural tapestry of the two nations. 
The partnership reimagines Asprey’s iconic 1781 Pochette bag with a distinctive Saudi flair and elegance reminiscent of Princess Nourah’s creative drive. The Exclusive Capsule Collection depicts five interpretations of the original Asprey bag highlighting the finest elements of both brands. The design pays homage to the various regions of Saudi Arabia, and its architectural and sartorial motifs while incorporating the colours suggestive of each region. The collection is defined by intricate embroidery techniques and flawless craftsmanship, perfectly capturing the essence of the five major regions, and highlighting the rich diversity and variations within the Saudi heritage. By celebrating this diversity, the Saudi designer delivers a visual narrative that fosters a profound sense of pride and connection among people across the kingdom. 
<h3>Final Notes</h3> 
To truly uncover the complex internal life of a luxury handbag, one has to look beyond the surface, to what’s inside, and how that shapes and defines the wearer, as even the most ordinary bags can communicate a lot about us. 
Luxury bags were just as coveted centuries ago as they are now. Unpacking the rich life and legacy of the ultimate accessory, we come to the realisation that these timeless pieces go far beyond practical objects designed to hold our belongings. Luxury handbags can also be associated with some of the most influential figures in society. Kings and queens, heads of state, and celebrities all over the world wear these sculptural pieces as an extension of their personal style, and a symbol of power. On this note, Margaret Thatcher's Asprey handbag, which the former UK prime minister displayed on one of her visits to the United States in 1985, became one such leading example.{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"],"__ActaDisplay_5dc6a7":["Light","Medium","Regular"]}) }}

<img src="https://146414713.fs1.hubspotusercontent-eu1.net/hubfs/146414713/Imported_Blog_Media/Capsule%20Collection%20Exhibition-jpg-1-1.jpg" loading="lazy" width="1600" height="710" alt="Saudi Design and British Heritage: An Artistic Expression of Timeless Luxury"> 
Luxury handbags are a personal statement onto themselves, carrying bouts of character, and oozing prestige, elegance, and status.

Company News | Discover expert insights on luxury properties, design, lifestyle, market trends, and the latest company updates from Sotheby's. (7)

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