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A fine art auction at Sotheby's in NYC, in 2010. Bidders could be physically present, or bid online or over the phone. The company eventually bought its York Avenue building for $11 million in 2000 and completed a $140 million expansion and renovation in 2001, [36] adding six floors and 240,000 square feet.
The company was founded by a group of employees of the American Art Association, including Otto Bernet, Hiram H. Parke, Leslie A. Hyam, Lewis Marion and Mary Vandergrift. By 1964, the company was the largest auction house in America, [1] with 115 employees and total sales of $11 million ($108 million in 2023). That year, Sotheby's purchased a ...
The main auctioneers coordinating these sales today are Sotheby's, Christie's and Bonhams, with other auctions conducted by Lawrence's. A high quality auction catalogue is also published, giving details and photographs of the lots, including provenance , technical descriptions and estimated sale price ranges.
The 64 by 90.5 inch mixed-media painting was created by Ai-Da earlier this year, and is currently estimated by Sotheby's to fetch $120,000-$180,000 at the auction, which opens on Oct. 31.
Ryan Murphy has linked up with top auction house Sotheby’s on the latest iteration of its Contemporary Curated series of sales. The program, launched in 2013, engages top names in the fields of ...
Normally, an auction catalog, that lists the art works to be sold, is written and made available well before the auction date. Some of the best known auction houses are Christie's and Sotheby's. The oldest auction house is Stockholm Auction House (Stockholms Auktionsverk). It was established in Sweden in 1674.
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