Sotheby’s is the fourth largest auction house in operation that leads the world in selling treasures of extreme value and excellence.
Items such as historical books, decorative arts, and jewellery are sold every year for millions of dollars to the highest bidders.
Brief History
Founded in London in 1744 by London bookseller Samuel Baker when Baker successfully auctioned “several Hundred scarce and valuable books” from the library of the Rt Hon Sir John Stanley. Sotheby’s was the first international auction house to expand into New York in 1955. Its legacy began with the sale of many scarce and valuable books. As the global market began advancing, the Sotheby’s brand began revolutionizing; evolving into the auctioning of not only books, but decorative arts and beautifully reclaimed jewellery as well.
Notable Sales
1980: Joseph Mallord William Turner’s Juliet and Her Nurse sells for 7.04million 1996: Property from estate of Jacqueline Kennedy Onassis sells $34.5 million 2003: Karl Lagerfeld’s collection of Art Deco and Works of Art is sold in Paris for €7 million.
Where are they headquartered?
Sotheby’s headquarters is located New York City with divisions also in London, Moscow, and Hong Kong. With 90 locations in 40 countries, this pristine auction house conducts over 250 auctions a year.
The Brand
Sotheby’s auctions off only the finest works of art and stays true to their brand by having these auctions in locations that are just as beautiful as what they are selling. Unique, one of a kind treasures only grow more beautiful in time and Sotheby’s is a representation of maintaining that beauty by offering them to people who recognize it.
For more information, visit www.sothebys.com
