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In 1999, Lyon & Turnbull was acquired by a group of auctioneers who had left Phillips, an auction house which was the third largest in the world during the 1990s.They were joined in the enterprise by Sir Angus Grossart, Chairman of Noble Grossart, a Scottish merchant bank, and a past chairman of the trustees of the National Galleries of Scotland.
British and Irish country house contents auctions are usually held on site at the country house, and have been used to raise funds for their owners, usually before selling the house and estate. Such auctions include the sale of high quality antique paintings , furniture , objets d'art , tapestries , books , and other household items.
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The auction house is the physical facility where the objects are catalogued, displayed, and presented to the perspective buyers through a bidding process system. An auction house The private individual or company managing the house, usually offer services such as clearances, collection of items, shipping, while also advising through valuations ...
Phillips, formerly known as Phillips the Auctioneers and briefly as Phillips de Pury, is a British auction house. It was founded in London in 1796, and has head offices in London and in New York City. [2] In 2022 it was owned by the Mercury Group, a Russian luxury goods company. [3]
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In 2010, The Independent called the firm "a prominent London auction house, specialising in militaria". [11] Noonans is the largest numismatics auctioneer in London; it had £11.7m of total hammer sales in 2018. [12] In September 2019, it increased its buyer's premium to 24%, becoming the first UK numismatics auctioneer to go above 20%. [12]
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