Tag: Auction Houses
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Record price for newly found Chinese vase.
An extraordinary price of £51m was achieved yesterday for a Chinese vase discovered in a regular clearance of a bungalow’s contents in north London. The vase, part of an inheritance put on sale by a brother and sister at Middlesex auctioneers Bainbridges of Ruislip, is from the Qianlong period, c.1740s to late 1790s, an era…
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Putting the hammer on the Big 2 good for collectors
This article was first published March 5th, 2000, in the Sunday Business Post The number of column inches that the price-fixing fiasco between Sotheby’s and Christie’s has received recently has been nothing short of startling. But the subsequent resignations, the US Justice Department antitrust investigations and the outcry from clients and shareholders have to a…
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Beauty can be profitable.
This article first appeared in the February 2000, in the Sunday Business Post Considering the current activity within the equity markets, especially with technological stocks on the Nasdaq, it is easy to forget that long before the performance of firms like Microsoft, Iona and Baltimore Technologies were part of dinner party conversations, the profit motive…
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Auction Houses go online
This article was first published April 2, 2000 in the Sunday Business Post. Auction Houses go Online They said it couldn’t last. For months the analysts have been painting the walls with a dark thick impasto. The message was there for all to see – internet stocks were simply selling way above their value. As…
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Auction houses to pay for collusion
This article was first published in the Sunday Business Post, October 1st 2000 News was emerging last week of a possible denouement to the long running price fixing dispute between the two leviathans of the fine art auctioneering world, Sotheby’s and Christie’s It now appears that both firms will be paying out over $500 million…