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Lempertz is a member of the "International Auctioneer" (IA AG) group, which was founded in 1993 and brings together eight leading independent auction houses from eight countries around the world. The turnover in 2012 was 51 million euros.
In 2020, Sotheby's overtook Christie's as the world's top auction house for the first time since 2011, with over $5 billion in aggregate sales compared to its rival's $4.4 billion. [56] As of late 2021, Drahi's son, Nathan Drahi, was the managing director of Sotheby's Asia. [65]
Bonhams is a privately owned international auction house and one of the world's oldest and largest auctioneers of fine art and antiques. It was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale.
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 ...
After headline pieces — sometimes formerly owned by celebrities or featured on TV — sell for blockbuster prices, they can end up pretty much anywhere, from museums to collectors’ closets.
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.
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]
The Dorotheum (German pronunciation: [ˌdoːʀoˈteːʊm] ⓘ) is one of the world's oldest auction houses and is the largest auction house of art items in Continental Europe. [1] Established by Emperor Joseph I in 1707, it has its headquarters in Vienna on the Dorotheergasse and branches in other European countries. [ 2 ]