Game theory

The sale of nearly two dozen antiquities from an Ohio art museum brought in 640,000 dollars on Tuesday despite objections to the auction from the governments of Egypt and Cyprus.

The items sold were among nearly 70 pieces from Egypt, Greece and Italy that the Toledo Museum of Art plans to sell.

The art market has bounced back worldwide after prices slumped by more than 10 percent last year as investors look for a safer alternative to falling stock markets, the leading index Artprice said on Feb. 26.

Bids for the Vinca landfill PPP project have been revealed and we have a total of 11 registered bidders, the City Administration has said in a release.

Opened on Thursday, one bid came from Serbia, three from France, two from Italy and one each from Greece and Spain, Russia and Germany.

With an Atlantic tailwind from May auctions in New York, in which the two biggest auction houses sold art pieces totaling more than $2 billion, many eyes are focused on major sales which began this week in London, sales which may see prices soar again to dizzying heights, Reuters has reported.

AFP Photo

Game theory pioneer and Nobel Prize laureate John Nash, 86, whose life, works and painful struggle with schizophrenia formed the basis of the Academy Award-winning movie “A Beautiful Mind”, died on Saturday in a car accident in New Jersey.
Nash perished along with his wife Alicia, in a crash on the New Jersey Turnpike.

A stunning 1881 masterpiece by Edouard Manet sold for $65 million at auction in New York on Nov. 5, a record for a work by the French impressionist artist.
      
"Le Printemps," which the auction house Christie's had valued at $25-30 million, depicts a famous actress of the day and was exhibited in 1882 to critical acclaim while Manet was one of the most famous living artists.

The Turkish Central Bank has announced it will increase the daily foreign exchange auction amount on Sept. 29 to $40 million, from a minimum of $10 million

Highbrow art house Sotheby’s is opening a door to the masses in an alliance with Internet age online marketplace eBay.

The companies touted the tie-up as uniting eBay’s global clout with the “iconic international art” expertise of Sotheby’s famed auction house.