A Sketch for Saint Jerome from 1615-18 by Anthony Van Dyck that was discovered in the late 20th century in a farm shed in Kinderhook, N.Y., fetched US$3.075 million at a Sotheby’s auction last week in New York.
Considered lost for centuries, the painting was purchased by the late collector Albert B. Roberts at an auction in 2002 for just US$600, according to Sotheby’s. Roberts then sought the help of art historian and Van Dyck scholar Susan J. Barnes, who confirmed the sketch was a “surprisingly well-preserved” work by Van Dyck.
Roberts died in August 2021 at the age of 89. A portion of proceeds from the sale will benefit his namesake foundation, which supports artists and other creatives.
“Not only is the story of its journey from a farm shed in Kinderhook to the rostrum at Sotheby’s irresistible, it is also a highly important early work by the teenage Van Dyck, completed while he was still under the tutelage of [Peter Paul] Rubens,” Christopher Apostle, Sotheby’s head of Old Master paintings in New York, said in a statement.
The auction house declined to disclose the identity of the buyer.
Last week’s Old Masters sale at Sotheby’s was headlined by a 1609 painting by Rubens, Salome, depicting the head of Saint John the Baptist. Offered from the collection of Mark Fisch, a real estate developer and a trustee of the Metropolitan Museum of Art in New York, and his ex-wife, Rachel Davidson, a former New Jersey judge, the masterpiece fetched US$26.9 million, the third-highest price for the artist at auction.
The 10 Baroque masterworks from Fisch Davidson collection brought in a total of US$49.6 million in a white-glove auction.
Sotheby’s Master Week sale—which is poised to break a record of US$100 million— continues throughout this week. One highlight will be a Kobe Bryant game-worn Lakers jersey, which will be offered on Wednesday with an estimate between US$5 million and US$7 million.
A rare slice of Sydney history, Coolabah blends Victorian grandeur with modern luxury in the heart of Greenwich; once home to Lane Cove’s first Lord Mayor and now listed with a $6.5m guide.
Bhutan is pioneering a new frontier in travel by allowing tourists to pay for flights, visas, hotels and even fruit stalls using cryptocurrency via Binance Pay.
Bhutan is pioneering a new frontier in travel by allowing tourists to pay for flights, visas, hotels and even fruit stalls using cryptocurrency via Binance Pay.
Bhutan has become the first country in the world to implement a national-level cryptocurrency payment system for tourism, marking a major milestone in digital innovation and travel.
Launched in partnership with Binance Pay and Bhutan’s fully digital DK Bank, the system enables travellers with Binance accounts to enjoy a seamless, end-to-end crypto-powered journey. More than 100 local merchants, from hotels and tour operators to small roadside vendors in remote villages, are already live on the system.
“This is more than a payment solution — it’s a commitment to innovation, inclusion, and convenience,” said Damcho Rinzin, Director of the Department of Tourism, Bhutan.
“It enables a seamless experience for travellers and empowers even small vendors in remote villages to participate in the tourism economy.”
Using supported cryptocurrencies, tourists can now pay for nearly every part of their trip, including airline tickets, visas, the Sustainable Development Fee (SDF), hotel stays, monument entry fees, local guides, and shopping, all through secure static and dynamic QR code payments.
Binance CEO Richard Teng praised the move, saying: “We are excited to partner with Bhutan as we are not only advancing the use of cryptocurrencies in travel but also setting a precedent for how technology can bridge cultures and economies. This initiative exemplifies our commitment to innovation and our belief in a future where digital finance empowers global connectivity and enriches travel experiences.”
Known as the “Kingdom of Happiness,” Bhutan has long prioritised Gross National Happiness over GDP, with a strong focus on sustainability, cultural preservation, and societal well-being. The new system aligns with these values by reducing payment friction and bringing financial inclusion to local communities.
Among the key features of the system:
-
Seamless Experience: Tourists can pay with crypto for all travel-related expenses.
-
Inclusive Reach: Small vendors, even in remote areas, can accept QR code payments.
-
Lower Fees: Transactions cost significantly less than traditional payment methods.
-
Comprehensive Support: More than 100 cryptocurrencies supported, including BNB, BTC, and USDC.
-
Secure and Instant: Real-time confirmations, 2FA, and encrypted transactions via the Binance app.
Behind the local settlement mechanism is DK Bank, Bhutan’s first fully digital bank. Licensed by the Royal Monetary Authority of Bhutan, it aims to deliver accessible financial services to all, including marginalised and unbanked communities.
The launch is being hailed as a bold step forward in integrating digital finance with global tourism — one that could set the benchmark for other nations looking to modernise the travel experience while empowering their local economies.
Motorcycle maker says Jochen Zeitz plans to retire after five years in the role.
Retirees open up about their finances and how they spend their time.