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.
Lawyers take UK class action move against auction giants
05 February 2002LAST year’s United States class action against Sotheby’s and Christie’s over price fixing may now be followed by similar action in the UK. Dealers who missed out on the $512m compensation paid to settle the claims over US auctions will meet in London this week to plan a similar legal challenge in Britain.
A second signed Carli
29 January 2002The final ceramics auction in London last year was the glass sale held at Sotheby’s Olympia on December 18. The top priced lot at £50,000 was this damaged but rare North German covered goblet of c.1675, painted and signed by Johann Anton Carli of Andermach am Rhein with a scene of Christ and the woman of Samaria.
Sotheby’s ring changes at Olympia to woo bidders
28 January 2002Longer opening hours and a free parking system are to be introduced at Sotheby’s Olympia rooms from next month. The auctioneers have reached an agreement with the local Hammersmith and Fulham council to open an hour earlier at 9am from February.
Horse and boy image that changes history of photography
23 January 2002SOTHEBY’S have given the autograph documentation and picture, right, a hefty estimate of €500,000-750,000 for a very good reason: the picture is now thought to be the earliest image made by photographic means.
Helmet combines academic and monetary values
23 January 2002ARMS & ARMOUR: Academic importance doesn’t always equate with financial interest, but in the case of the item pictured here, a 16th century close helmet, which went under the hammer at Sotheby’s Olympia (17.5/10% buyer’s premium) on December 7, there was a happy concurrence between the two.
Taubman to appeal for retrial
14 January 2002Alfred Taubman has tendered his widely expected appeal against his price-fixing conviction. The 76-year-old former chairman of Sotheby’s, who could face up to three years in jail when he comes up for sentencing on April 2, has objected to the use of a quotation from 18th century Scottish economist Adam Smith.
The People’s Commissariat and the Imperial family jewels
14 January 2002A jewellery sale held by Sotheby’s on November 27 included a few exhibition and sale catalogues, plus a very rare and important work published in Moscow in 1925 by the People’s Commissariat of Finances.
Thomas Webb marine vase
09 January 2002Thomas Webb was one of the two main British manufacturers to produce glass imitating rock crystal in the late 19th and early 20th centuries, and this 12in (30.5cm) high Marine vase is a substantial example of the type.
Sotheby’s rethink approach to Japanese sales
07 January 2002Japanese works of art sales will no longer be held on a regular basis by Sotheby’s New York. Specialist Sachiko Hori will be retained by the company, while her co-director Ryoichi Iida will become a consultant.
The Lady of the Seashells?
19 December 2001Sold for £90,000 as part of the November 15 Natural History & Travel sale at Sotheby’s was an album of 162 conchological watercolours put together c.1764-82 by Mlle. J.C. Xavery, a miniaturist of Dutch descent and probably the sister of the flower and landscape painter Jacob Xavery, who was working in Paris around the same time.
Early Windsor is a vernacular favourite
19 December 2001Oak and other vernacular and country furniture formed a large slice of Sotheby’s Gwynn Collection and had some input into their R. A. Lee collection.
Sotheby’s start talks on sale of Taubman shares
18 December 2001Sotheby’s board of directors has told its managers to meet with representatives of Alfred Taubman to discuss the possible sale of his controlling stake in the company.
Parker & Stalker’s very rare Treatise on Japanning and Varnishing
13 December 2001The earliest book in English on the subject, and described by H.D. Molesworth in his introduction to a 1960 reprint as “a work of art in its own right... as readily accepted for its literary content as for its technical information”, George Parker and John Stalker’s Treatise of Japanning and Varnishing... was the book that effectively introduced the process to Western craftsmen and one that had, as a consequence, a dramatic effect on decorative styles and fashions.
Highlights on metal at CDA 2002
13 December 2001Contemporary Decorative Arts, Sotheby’s selling showcase of work by European designers, has become a popular annual fixture in the auctioneers’ calendar.
Trade await European ruling over price fixing
11 December 2001Pending appeals leave compensation in limbo: With the conviction of Sotheby’s chief shareholder, Alfred Taubman, on price-fixing charges, attention now turns to the outstanding matters concerning compensation.
Lost and found in the salerooms
05 December 2001When Sotheby’s sold Joan Stephens’ collection of samplers and needlework in New York in 1997, the second most expensive lot, at $90,000, was an English needlework picture initialled EP, and dated 1746.
Reynolds sells for £9.4m
03 December 2001A new world auction record for Sir Joshua Reynolds was achieved at Sotheby’s on November 29 when the oil on canvas Portrait of Omai sold for £9,400,500 (plus 20/15/10 per cent buyer’s premium).
Taubman not fully in control of Sotheby’s say witnesses
03 December 2001Former Sotheby’s chairman Alfred Taubman fell asleep during board meetings and was more concerned with getting his lunch than running his company, a New York jury was told last week.
Sotheby’s make history as they launch France’s open market
30 November 2001Basic buyer’s premium almost doubles: On the rainswept evening of November 29 in Paris, as the tricolor fluttered proudly over the Elysée Palace and Christmas lights twinkled on the Champs-Elysées, history was made as Sotheby’s became the first foreign auctioneers ever to sell in France – exploding a monopoly dating back to 1556.
Birthday gift yields £23,000 bonus
28 November 2001Nothing is more certain to draw buyers in their droves than modestly estimated works from private collections. A single textile entry and two conservatively estimated porcelain collections did just that at Sotheby’s Olympia (17.5/10% buyer’s premium) inaugural Chinese Works of Art on November 16.
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