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.
Ten-day German castle sale
16 August 2005A DECADE after the Thurn und Taxis and Baden Baden sales in the 1990s, Sotheby’s are once again decamping to a German castle to stage another mammoth aristocratic auction.
Improved commission margins help Sotheby’s prosper as sales fall
16 August 2005Despite a substantial fall in total sales, increases in buyer’s premium and vendor’s commission margins helped Sotheby’s post record revenues for the second quarter of 2005.
He went on to inspire the Shire
27 July 2005Long before J.R.R. Tolkien settled down to write The Hobbit, he had acquired a postcard reproduction of the ink, watercolour and gouache painting Der Berggeist (The Mountain Spirit).
Sotheby’s strike gem of a partnership
27 July 2005Sotheby’s are to link up with the Steinmetz Diamond Group to expand their current activities in the retail jewellery market.
Sotheby’s choose The Dealer’s Eye Trade consigners invited for NY sale
26 July 2005SOTHEBY’s are to launch a sale in January that will openly rely entirely upon dealers’ stock for its content.
The Gothic tale of a blind mule and the holy nail
19 July 2005Medieval French silver is not a plentiful commodity. Much of it did not escape the great post-Revolutionary meltdown, but one piece that got away was the late Gothic reliquary casket that featured in Sotheby’s works of art auction in London on June 8.
Collusion case payout may be in August
06 July 2005CLASS-action legal specialists Garden City Group (GCG) believe compensation cheques linked to the Sotheby’s/Christie’s collusion case will be sent out by August.
Contemporary records tumble at Sotheby’s and Christie’s
29 June 2005London turned up the heat in the market for Contemporary art when both Sotheby’s and Christie’s achieved outstanding results at their June evening sales.
Seeing double
21 June 2005YOU wait forever then two come along at once. The sentiment so often expressed about London buses could equally well apply to rare early 18th century Continental porcelain teapots.
Sotheby’s to shut regional offices as market alters
21 June 2005Following an extensive regional review, Sotheby’s are to close a number of their high street consignment offices.
The measure of Easton Neston
24 May 2005Sotheby’s sale of a sizeable slice of the contents Easton Neston, the English Baroque country house that has been home of the Fermor-Hesketh family since it was built in 1699, raised a premium-inclusive £8.7m last week when the auctioneers offered 1472 lots over two days in a marquee on the grounds from May 17-19.
Commission charges keep Sotheby’s on the right track
18 May 2005SOTHEBY’S auction and related revenues rose by more than 20 per cent, year on year, for the first quarter of 2005, coming in at $72.2m.
Indian pictures on the rise
06 May 2005Sotheby's New York (20/12% Buyer's Premium) PRICES have steadily risen in recent years for paintings by India’s most established modern artists notably Maqbool Fida Husain (b.1915) and Francis Newton Souza (1924-2002).
Is end in sight for price-fixing settlement?
27 April 2005The beginning of the end is in sight to the lengthy compensation payment process in the ‘international’ tranche of the Sotheby’s-Christie’s price-fixing case.
Stallion stirs the sporting blood at Sotheby’s
13 April 2005TRADITIONAL British pictures have not been one of the strongest areas of the art market in the last couple of years, with sporting paintings being particularly stuck in the doldrums.
Some ripples in the Edwardian ebb tide
24 March 2005ATTEMPTS by Sotheby’s (20/12% buyer’s premium) to breathe new life into the traditional British picture market by creating the category of British & Edwardian Art met with mixed success on the afternoon of March 10.
Sotheby’s enjoy $100m recovery in profits for 2004
22 March 2005YEAR-END results for Sotheby’s show a $100m-plus turnaround in profitability for 2004. It’s a figure that many will take as a sign that the formerly ailing auction house has finally shaken off the spectre of scandal and debt.
Shop window legacy proves as much of a gift today
15 March 2005It is not every day a dealer refuses to sell a piece of stock, but that was very much the case with the work shown here, which was the highlight of Sotheby’s Bond Street's (20/12% buyer's premium) sale of the Adler collection last month.
Sotheby’s back Contemporary crafts at Collect
25 January 2005SOTHEBY’S have launched a new international craft award by choosing two winners.
Quite a catch at €230,000
18 January 2005A new auction high for the Neapolitan Impressionist Vincenzo Irolli (1860-1949) was established by Sotheby’s (20-15.42% buyer’s premium, excluding VAT) last month in Milan when they offered this oil on canvas entitled La Pesca Fortunata (A good haul) in their sale of 19th century pictures on December 13.
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