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.
What makes the £58m walking man so special?
05 February 2010If the price paid for Alberto Giacometti's (1901-1966) sculpture L'Homme qui Marche I is anything to go by, then the art market is now striding out of recession. Selling for £58m (plus premium) at Sotheby's evening sale on February 3, it became the most expensive object ever sold at auction.
Bumper totals at Impressionist and Modern sales
05 February 2010SERIOUS levels of demand emerged for works at the very top end of the art market as this month’s flagship Impressionist and Modern art auction series raised a combined hammer total of £225.8m, massively up on the £108.8m for the equivalent series last year.
Museums active at Old Masters auctions in New York
01 February 2010MAJOR American museums played an active role as both buyers and sellers in the latest Old Master sales in New York.
French State snaps up Renaissance silver hoard
16 November 2009A “ONCE-in-a-century” discovery of Renaissance silver has been bought by the French State for 1.4m euros – less than a week before it was due to go on sale at Sotheby’s in Paris.
Sale of Attenborough collection reaches for the sky
16 November 2009SOTHEBY’S staged a white-glove sale in London last week as 50 works from the collection of Lord and Lady Attenborough all found buyers.
Warhol’s dollars make $39m in New York
16 November 2009THE latest series of contemporary art auctions in New York provided some further evidence of confidence returning at the top end of the market.
New York modern art series brings some relief
09 November 2009HAS the top end of the art market bounced back? This was the opinion ventured by some commentators after the flagship sales of Impressionist and Modern art in New York last week.
Sotheby’s see fall in revenue in skewed third quarter results
09 November 2009DAMIEN Hirst and juggled dates have severely skewed Sotheby’s third quarter results for 2009, contributing to a fall in revenue of 41 per cent year-on-year to $44.9m.
Mainland Chinese buyers flex their muscles
19 October 2009SOTHEBY’S latest Hong Kong Asian series saw mainland Chinese buyers come of age in the field of Imperial Chinese art.
Sotheby’s deal puts an end to Bonhams’ partnership Down Under
05 October 2009IT’S all change among Australia’s leading auctioneers as Goodmans, linked to Bonhams since 2003, are to adopt the Sotheby’s brand instead.
Sotheby’s ditch Ritchies over payment problems
21 August 2009The partnership between Toronto auctioneers Ritchies and Sotheby’s has been dissolved after payment deadlines were missed following a joint sale of Canadian art on May 25.
Sotheby’s revenues halved
10 August 2009Second quarter results for Sotheby’s in 2009 show operating revenues down almost half to $167.3m on the first three months of the year thanks largely to the decline in auction totals.
Arader makes charity gesture for Sotheby’s sale
15 June 2009SOTHEBY’S New York hold the W. Graham Arader sale on June 19, offering 204 lots from the well-known American prints and maps specialist.
Sotheby’s end Gleneagles sales after 40 years
20 May 2009After more than 40 years, Sotheby’s have scrapped their annual sale at Gleneagles and will now hold biannual sales of Scottish art in London.
Recalibrating contemporary values in New York
20 May 2009Conservative estimates tailored to new realities enabled the New York flagship sales of post-War and contemporary art to set solid selling rates. But, for both major houses, the financial gulf between this year and 2008 was enormous.
Sotheby’s adopt ‘aggressive response’ as downturn bites
20 May 2009SEVERE belt-tightening is the order of the day at Sotheby’s as the company ride out the downturn and position themselves to take strong advantage as the market recovers.
Market fears hit Hong Kong spring sales consignments
08 May 2009SOTHEBY’S Hong Kong spring sales series of classical, modern and contemporary Asian art, wine, jewellery and watches from April 4 to 8 were not as financially rewarding for the firm as in recent times.
Sotheby’s stick with the top-end
06 April 2009SOTHEBY’S are to continue with their strategy of focusing on their top-end clients while reducing lot volumes below the $5000 level.
Sotheby’s to show Cohen collection
30 March 2009A LOAN exhibition of 20 works from the collection of American billionaire hedge fund manager Steve Cohen opens at Sotheby’s in New York this week.
Versace’s Zoffany portrait was ‘stolen from family in 1979’
23 March 2009Just hours before Sotheby’s sold the contents of Gianni Versace’s Lake Como villa on March 18, they withdrew an 18th century portrait by Johann Zoffany after its subject’s family claimed that it had been stolen from their home in London 30 years ago.
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