Sotheby's
Sotheby’s have been holding auctions since 1744. Founded in London, where they moved into salerooms on Bond Street in 1917, Sotheby’s expanded to New York in 1955 and now have salerooms and offices around the world.
Sotheby’s offer specialist sales in over 70 different categories though four major salerooms, six smaller ones and through their online bidding platform BIDnow.
Loeb and allies to join Sotheby’s board as deal brings a truce
12 May 2014The protagonists in the battle over the future of Sotheby’s have called a truce, with both sides conceding points.
Asian buyers prominent during New York sales
12 May 2014A reported increase in Asian buying was the most notable feature of a somewhat underwhelming series of Impressionist & Modern art auctions in New York last week.
Sotheby’s to sell Bob Dylan’s handwritten lyrics to ‘Like a Rolling Stone’
01 May 2014A near complete working draft written by Bob Dylan for arguably his most famous song, ‘Like a Rolling Stone’, will be offered at Sotheby’s in New York this summer.
Huge cache of Arts and Crafts wares emerge from bank vault
28 April 2014A massive cache of British Arts and Crafts metalware and ceramics stored in a bank for over 25 years will be sold by Bonhams through their forthcoming decorative arts auctions.
Sotheby’s board prepare for May 6 showdown with Loeb
25 April 2014Sotheby’s are preparing for a crunch vote at the May 6 annual shareholder meeting when they hope to see off a bid by investor Daniel Loeb to join the board.
Chicken cup sets new record at £21.5m
14 April 2014A new auction high for Chinese porcelain was set last week when Sotheby’s sold a tiny Chenghua period ‘chicken cup’ for a hammer price of HK$250m (£21.5m) as part of their latest Hong Kong sale series.
Stubbs’ big cats to headline Sotheby’s Old Master sale
02 April 2014A rare painting of two big cats by George Stubbs will be offered for sale at Sotheby’s Old Master sale in London on July 9.
Lowry collection raises £13m at Sotheby’s
28 March 2014The stand-alone evening sale of 15 paintings by L.S. Lowry at Sotheby’s on March 26 raised £13m, with all bar two works getting away.
Sotheby’s forced to buy back $83m pink diamond
24 March 2014Sotheby’s have had to buy back the 59.60 carat flawless fancy vivid pink diamond they sold in Geneva last November for a world record $83m.
€20.5m magic of Marcilhac name
20 March 2014A packed saleroom and a continuous barrage of phone bids combined to ensure a near sell-out, multi-estimate result at Sotheby’s in Paris for their three-session auction (in association with Artcurial) of the collection of Félix Marcilhac.
Revision of postal museum sales policy
20 March 2014The British Postal Museum & Archive (BPMA) has revised its policy for sales of duplicates following controversy surrounding last July’s Sotheby’s auction.
Sotheby’s see 20% growth in net profits
05 March 2014Sotheby’s have reported $6.3bn (£3.99bn) in consolidated sales for 2013, a 17% rise on the previous year.
Bacon helps set record for London Contemporary series
18 February 2014The Contemporary art sales in London last week raised a hammer total of £254.6m, a record for an auction series in this category in the capital.
Sotheby’s appoint two chiefs for each of their top global art departments
10 February 2014Sotheby’s have appointed Alexander Rotter and Cheyenne Westphal as worldwide heads of Sotheby’s Contemporary art department, and Helena Newman and Simon Shaw as worldwide heads of Sotheby’s Impressionist & Modern art department.
$300m dividend as Sotheby’s shareholder power hits home
05 February 2014Sotheby’s board have acted to fend off criticism from shareholders led by hedge fund billionaire Daniel Loeb by saying they will issue a $300m special dividend in March.
Paris sales hold up well in a difficult year
21 January 2014The annual sales figures issued for several of the major French auction houses (or French branches of international auction houses) showed that for many, though not all, they saw an increase over the previous year despite what has been a difficult economic climate.
Jane Austen portrait sells at Sotheby’s for £135,000
18 December 2013The portrait of Jane Austen by James Andrews that will appear on the new £10 note in 2017 was offered by Sotheby’s as the star turn of their traditional end-of-year English literature and history sale.
Sotheby’s figures show rising taste for Western art in China
16 December 2013The importance of China as a source of new clients in the international art market has been highlighted in a business intelligence report made available to ATG by Sotheby’s.
Private deal pre-empts £42m Russian art series highlights
29 November 2013Even before the latest Russian art sales in London started this week, the enormous sums of money being spent in this sector became evident when Sotheby’s announced the private sale of their two star lots in advance of their auctions.
Psalm book sets £8.1m auction record for a printed book
29 November 2013The most expensive printed book sold at auction will go on display to the public after the buyer pledged to lend it to libraries across the US before putting it on permanent loan at one of them.
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