Auction | featured news

An anonymous bidder agreed Friday to pay more than $2.6 million for a lunch with billionaire investor Warren Buffett, offering a final amount after the auction closed to top last year's bid.

Double-dip recession or not, people will still pay any price to have lunch with Warren Buffett.

What do you drink to celebrate winning an auction to pay $78,975 for two bottles of champagne?

Alibaba.com CEO David Wei resigned after an internal investigation found that more than 2,300 sellers on the e-commerce site were committing fraud, sometimes with the help of Alibaba.com sales staff.

The first 13 rules rules of basketball sold Friday for more than $4 million, setting a record for the highest sales price ever for sports memorabilia, according to Sotheby's, which conducted the auction.

To some it's just a bunch of bird drawings. To others, John James Audubon's "Birds of America" is a rare blend of art, natural history and craftsmanship, unique enough to be the world's most expensive book, expected to fetch more than $9.5 million at a London auction Tuesday....

A rare pink diamond has smashed the world record for a jewel sold at auction after a well-known gemstone dealer bid over $46 million for the precious stone.

Bernie Madoff's victims, who were collectively swindled out of more than $50 billion, effectively recouped more than $2 million on Saturday in an auction of the investment titan-turned-villain's personal items.

A rare sheet of 10 stamps showing film star Audrey Hepburn smoking is expected to fetch at least 400,000 euros (£350,000) at an auction next week.

A group of lenders once again came out on top in the auction for the publisher of Philadelphia's two major daily newspapers, winning with a cash bid of $105 million and besting a rival group led by local philanthropist Raymond Perelman.