Billionaire Cohen borrow money from Goldman Sachs collateral $1Billion Art collection

March 2013 New York Post uncovered  the “top-secret” purchase.  The newspaper, citing “a source,” reported Cohen’s purchase of the 1932 Picasso masterpiece, dubbing it most expensive artwork ever purchased by a U.S. collector.  Given it was a private sale, the actual purchase price may never surface. Le Rêve (The Dream in French) is a 1932 oil painting (130 × 97 cm) by...

No more dramatic falls in Spanish Property prices, few bargains left in luxury marked

Spain’s house price falls decelerating, near bottom Spanish house prices registered a year-on-year decline of 4.2% in Q4 2013, slight improvement from a fall of 4.49% the previous quarter, according to Banco de España (BDE). It has now accrued a decline of 30.2% from the maximum values reached in 2007, before the crisis, and has accumulated 21 consecutive quarters of y-o-y declines. The decline...

Jeff Koon art for sale and sold in recent times.

Popeye by Jeff Koons  displayed at Sotheby's in New York on May 2, 2014, new owner Stephen Wynn paid 28million  Jeff Koons only created 3 of the Popeye statues. Another of his works, Balloon Dog, was auctioned for a staggering $58 million last year, making it the most expensive piece of art sold by a living artist.   Pink Balloon Dog photographed on September 9, 2008, at the Château...

Ferrari F40 for sale prices from €600.000

Ferrari F40 for sale prices from €600.000 The Ferrari F40 is a mid-engine, rear-wheel drive, two-door coupé sports car built from 1987 to 1992. The successor to the Ferrari 288 GTO, it was designed to celebrate Ferrari's 40th anniversary and was the last Ferrari automobile personally approved by Enzo Ferrari. At the time it was the fastest, most powerful, and most expensive car that Ferrari...

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