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This category has only the following subcategory. L. London auction houses (2 C, 9 P) Pages in category "British auction houses"
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.
Christie's American branch at Rockefeller Center in New York. Christie's is a British auction house founded in 1766 by James Christie.Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Amsterdam, Geneva, Shanghai, and Dubai. [3]
An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening bid, a starting price, or a reserve for the item on sale. Then the auctioneer accepts increasingly higher bids from the floor and sometimes from other sources, for example online or telephone ...
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Major auction houses have levied the buyer's premium for several decades, particularly in fine art auctions, with percentages in the region of 10–30%. [2] In real estate auctions in many European countries, the buyer's premium, if charged at all, is much less (2–2.5%). More recently in the UK, however, repossessed properties have been ...
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