Sotheby's

Sotheby’s have been holding auctions since 1744.  Founded in London, where they moved into salerooms on Bond Street in 1917, Sotheby’s expanded to New York in 1955 and now have salerooms and offices around the world.

Sotheby’s offer specialist sales in over 70 different categories though four major salerooms, six smaller ones and through their online bidding platform BIDnow.


Rare Märklin first series handpainted tinplate battleship, HMS Resolution

17 April 2000

UK: This rare Märklin first series handpainted tinplate battleship, HMS Resolution, sold for $40,600 (£26,365) on April 12, having been offered online on sothebys.amazon.com (10 per cent buyer’s premium).

Turnover of $2.3bn each for Christie's and Sotheby's

20 March 2000

CHRISTIE'S and Sotheby's announced a substantial increase in turnover for 1999, each registering total sales in the world art market of $2.3 billion (£1.46bn).

Sotheby's sale will thaw out house frozen in time

20 March 2000

UK: SOTHEBY'S are to sell a remarkably well-preserved and restored 18th century Spitalfields London town house and its contents, the home of the late Michael Gillingham, a well-known London art and antique dealer.

Sotheby’s go for 20% top buyer’s premium rate

13 March 2000

SOTHEBY’S will raise their buyer’s premium on April 1, one day after Christie’s are due to do the same.

Collusion probe latest

27 February 2000

US: THE sudden resignations of Sotheby's chief executive Diana 'Dede' Brooks and chairman Alfred Taubman have come in the wake of the investigation into alleged commission fixing which has seen the company's stock plummet by 60 per cent since the start of this year.

Monkey puzzle

27 February 2000

UK: EVERY so often a dealer will acquire an object of academic interest for relatively little money and put it into an auction to see how much it will make.

Highly important Cimabue painting discovered

21 February 2000

UK: A HIGHLY important painting by the early Italian master Cimabue (c.1240-1302) has been discovered by Sotheby's at Benacre Hall, near Lowestoft, Suffolk, home of the reclusive Sir John Gooch, 12th Bt., who died last year.

Auctioneers face new commission enquiries

14 February 2000

UK: The UK Office of Fair Trading and the European Union regulatory body for competition have begun their own investigations into alleged commission fixing by Sotheby's and Christie's.

Poulain move ahead of Piasa in Paris

14 February 2000

FRANCE: THANKS in part to the Chateau de Groussay sale staged jointly with Sotheby's, Poulain-Le Fur moved ahead of Piasa in 1999 to rank second in Paris with sales of Fr285m (£27.5m).

New world auction record for a decoy

07 February 2000

US: SETTING a new world auction record for a decoy, this sleeping Canada Goose c.1917, by renowned carver Elmer Crowell of East Harwich, Massachusetts, was estimated at $400,000-500,000 by Sotheby's, New York in a joint sale with Guyette and Schmidt of Maine, but sold to Boston dealer Stephen B. O'Brien Jr in the room on behalf of a client at $620,000 (£375,760) plus premium on January 23.

The real test for online auctions begins

24 January 2000

SOTHEBY'S are counting on their brand value and guarantees of quality to help them sell high value art and antiques on the sothebys.com website which went online on January 11.

Sotheby's target a new market online

24 January 2000

SOTHEBY'S are counting on being able to woo a whole new generation of young millionaires into buying art and antiques online at sothebys.com, their new Internet auction service. It launched last week with about half the 5000 lots drawn from Sotheby's vendors and half from 400 associate dealers.

French Revolutionary button

10 January 2000

UK: SHOWN here is a solitary ivory button, which found itself highlighting Sotheby's closing event of 1999.

The Moor's head cup

03 January 2000

THE Moor's Head Cup, a rare 17th century silver gilt sculptural marriage cup which topped Sotheby's sale of The Moritzburg Treasure from the Royal House of Saxony when it sold for £1.6m.

London doubles Impressionist takings

13 December 1999

The international market for Impressionist and Modern art saw further consolidation last week in London when Sotheby’s and Christie’s Part I and Part II sales turned over a combined total of £86.3m, some 45 per cent up on the £47.8m achieved at the equivalent sales last year.

Lowry sets new paintings record

06 December 1999

UK: THE Professional Football Association was the successful bidder for L.S. Lowry’s crowd scene Going to the Match at Sotheby’s London last Wednesday, setting the record for the highest auction price for a Modern British painting at £1.75m

Silesian covered goblet fetches £98,000

30 November 1999

UK: AN international mix of private collectors, dealers and institutions turned out to bid for an old and celebrated collection of European glass formed by the late Dr. Otto Dettmers of Bremen when it went under the hammer at Sotheby’s in London last week on November 23.

NY provides solid Impression

15 November 1999

US: THE MARKET for Impressionist and Modern art saw further consolidation last week when Sotheby’s and Christie’s turned over a premium inclusive $466m (£289.5m) for their November sales of works by the world’s most expensive artists.

Blue and white record

08 November 1999

HONG KONG: There were major series of sales in Hong Kong for Sotheby’s and Christie’s last week with both rooms offering selections of Chinese ceramics and works of art, jewellery and paintings.

Sotheby’s unveil their new-look Manhattan HQ over ten floors

01 November 1999

US: SOTHEBY’S have opened their new-look, custom-built Manhattan headquarters at 1334 York Avenue, New York, adding six new floors above the four which previously housed the auction house.

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