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Sotheby’s to sell for $3.7 billion, go private
Sotheby’s (NYSE: BID) announced this morning that the firm’s board of directors agreed to be acquired in whole, and taken private, by art collector and media entrepreneur Patrick Drahi. Shareholders will receive $57 per share, about 60% over the stock price close on Friday. According to WikiPedia (link) Mr. Drahi is a resident of Geneva, Read more...
Press Release: Heritage Auctions Launches New Web Feature to Offer Higher-Quality Photographs of World and Ancient Coins in Internet Auctions
Feature offers PCGS TrueView, NGC PhotoVision images from independent grading companies DALLAS, Texas (June 14, 2019) – Heritage Auctions, the world’s leading coins auctioneer, has launched a new feature on its website that displays high-quality photographs of world and ancient coins taken by independent third-party grading companies whenever they are available for internet auction lots. Read more...
Gold tests yearly high and holds firm
Gold prices ended the week at $1341, slightly off the Thursday peak of $1352 (Kitco: London AM Fix). These levels represent a 52-week high, however only about 3% over the same level of $1305 one year ago. Experts seem to agree that the fundamentals are in a great position to improve from here given the open-ended trade war with Read more...

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