The art up for sale was created by victims of the attacks, family members of those killed, and the hostages themselves.
Phoenix Group sells two paintings from its private collection at Christie's New York for approximately NIS 1.5 million.
Auction Shock: A 4-bedroom house in Australia sold for $731,002, just $1 above the second bid and $2 over the third, setting a new record.
Pieces focused on inter-generational Jewish connection will be at the center of the exhibit.
The People's Princess's LBD was sold beside Carrie Bradshaw's pink tutu, from the opening credits of Sex and the City
The items that were stolen were worth up to £50,000. Moreover, the museum was told years in advance that a staff member was stealing artifacts.
They will go on public display for the first time in the month-long exhibition at Sotheby's, which will then auction many of the items in September.
The Tel Aviv Museum of Art has cancelled its conference with Christie's amid controversies over a Nazi-linked jewelry sale. The fallout is growing as concerns mount and institutions reject profits.
The fall of the hammer at 74 million pounds broke the tension, triggering a collective exhalation in the room and a round of applause.
Rabbi Menachem Margolin made a moral appeal to the auction house, stating that the items do not have inherent historical value and their sale could be dangerous.
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