SOTHEBYS
NYSE:BID (10/2/2019, 7:04:03 PM)
After market: 56.99 0 (0%)56.99
-0.01 (-0.02%)
Sotheby's Holdings, Inc. is one of the world's second largest auctioneers of fine arts, antiques and collectibles, offering property in collecting categories, among them paintings, jewelry, decorative arts, and books. Sotheby's Holdings, Inc is the parent company of Sotheby's worldwide auction businesses, art-related financing and private sales activities. The Company operates in countries, with principal salesrooms located in New York and London. The company also regularly conducts auctions in other salesrooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore.
SOTHEBYS
1334 YORK AVENUE
NEW YORK NY 10021
P: 212-606-7000
CEO: Thomas S. Smith Jr.
A series of limited edition MoonSwatch watches in special branded suitcases raised more than half a million Swiss francs for charity, underscoring collector demand for the Omega-branded timepieces, with one set fetching about 61,000 francs — nearly £55,000.
An extremely rare Patek Philippe perpetual calendar chronograph will be put up for auction by Sotheby’s in June, in a sale that could reach $4.5 million and test the market strength for pricey vintage timepieces.
An alleged effort by Sotheby’s to help wealthy art collectors avoid paying sales tax on purchases for their homes was “far more extensive and serious than previously known,” New York’s attorney general said.
An extremely rare diamond called The Eternal Pink is expected to fetch more than $35 million at a Sotheby’s auction, potentially breaking records as the most expensive price per carat ever to come to market.
Sotheby’s won dismissal of most claims by a Russian billionaire who accused the auction house of helping to defraud him in the purchase of a world-class art collection featuring works by Pablo Picasso, Auguste Rodin, and Henri Matisse.
The auction house has doubled down on extraordinary items beyond art and antiques.
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