Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Sotheby’s Opens Private Sale Rooms in London

May 3, 2013 by Marion Maneker

Bloomberg’s Scott Reyburn reveals that Sotheby’s is expanding its private selling facilities. This time its going to be in London:

The company has taken an undisclosed amount of space in a five-story block at 31 George Street, opposite the back entrance of its New Bond Street auction rooms, the company said in an e- mail. A person with knowledge of the matter had told Bloomberg News that it would open a retail space in the U.K. capital.

The 1980s steel and brick building, incorporating a ground floor gallery, will be dedicated to hosting private selling exhibitions, Sotheby’s confirmed today. Billionaires often prefer buying big-ticket items through unpublicized private sales rather than in the glare of competitive public auctions.

Sotheby’s Boosts Private Sales With New Gallery Plan (Bloomberg)

More from Art Market Monitor

  • Doha DutyDoha Duty
  • Grant Wood Work Not For Sale at $6mGrant Wood Work Not For Sale at $6m
  • A Theory of the Gardner Heist Proves Just as Elusive as the Missing ArtA Theory of the Gardner Heist Proves Just as Elusive as the Missing Art
  • Turning the Crisis in Antiques into an OpportunityTurning the Crisis in Antiques into an Opportunity
  • Over-Production in Art Follows Over Demand in the MarketOver-Production in Art Follows Over Demand in the Market
  • Dreams of Chinese Mass Market in ArtDreams of Chinese Mass Market in Art

Filed Under: Economic Trends

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • After Pandemic’s Rapid Change, Sotheby’s Has 8 Predictions for 2021
  • A Season of Improvisation: Fall 2020 New York Modern and Contemporary Art Auction Analysis
  • Tony Podesta's Secret Art Buying
  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Basquiat's Last Girlfriend
  • How to Chant Like an Auctioneer
  • Phillips Includes $2.5m Norman Rockwell Painting in November Evening Sale
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor