Private Sales

Auctioneers conducting private sales was once an almost unthinkable practice in the art and antiques trade. But since around 2000 it become an increasingly notable part of the business, especially for Sotheby’s, Christie’s and other of the world’s leading salerooms.


Largest private art sale ever at $600m

12 May 2008

One collection that Sotheby's and Christie's will not be selling this season is that of Ileana Sonnabend. In what has been described as the largest private sale of art ever, the heirs of the legendary New York dealer who died in October 2007 have recently parted with some $600m worth of paintings and sculptures (including Jeff Koons’ 1986 Rabbit valued at $80m) to cover their estate taxes.

Private treaty sale beats auction record for violin

03 March 2008

Sotheby’s have announced the private treaty sale of a Guarneri del Gesu violin to the Russian businessman and collector, Maxim Viktorov.

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