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Sotheby's became a UK public company in 1977. [67] In 1980, after a drop in sales, [68] Sotheby's relocated its North American headquarters from Madison Avenue to a former cigar factory [38] at 1334 York Avenue, New York. In 1982, the auction house closed its Madison Avenue galleries at East 76th Street, and its Los Angeles galleries were sold ...
Bonhams has a worldwide network of offices and regional representatives in 25 countries. It has three salerooms in the UK; two major salerooms in London – New Bond Street and Knightsbridge, and a saleroom in Edinburgh. Regional offices around the UK offer valuation and consignment services. In Europe, sales are held in France, Monaco and Belgium.
Country house contents auctions have been held formally since at least the mid 18th century, when dedicated auction houses were founded. The main auctioneers coordinating these sales today are Sotheby's, Christie's and Bonhams, with other auctions conducted by Lawrence's.
Alongside ValueMyStuff, Van der Vorst also founded St George Valuations in 2011 and is the premium brand of his online antiques business ValueMyStuff. St George Valuations conducts in-person valuation assignments, appraising and cataloguing the contents of country estates, museum collections and/or individual items, from silver spoons to ...
In February 2004, Sotheby’s entered into a long-term strategic alliance with real estate services provider Realogy Holdings Corp., now Anywhere Real Estate, Inc. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Franchises in the system are granted to ...
Thwaytes v Sotheby's [2015] EWHC 36 is an English High Court art law case, concerning the liability in negligence and breach of contract of a leading auction house for the professional opinions and valuations they provide where an interested art historian later has a different opinion affecting its value.
The modern buyer's premium was introduced at 10% by Christie's and Sotheby's in London in September 1975. [5] Percentages have varied widely, but have risen sharply with time. Early on, Christie's charged 14% in the Netherlands and Belgium, while Sotheby's charged 16% in Switzerland (10% to foreigners), 11% in Monaco and 16% in the Netherlands.
Beautiful Inside My Head Forever was a two-day auction of new work at Sotheby's, London, taking place on 15 and 16 September 2008. [1] It was unusual as Damien Hirst bypassed galleries and sold directly to the public. [2] The sale raised £111 million ($198 million) for 218 items. [3]