Tag Archives: Auction House

French Billionaire to Purchase Sotheby's Auction House

French Billionaire to Purchase Sotheby's Auction House

French telecoms and media mogul Patrick Drahi is acquiring Sotheby’s auction house, one of the world’s biggest art brokers, in a $3.7 billion deal, the British-founded company announced June 17th. Drahi, the billionaire founder of the Altice empire which owns SFR telecoms company and several French media houses including BFM news channel and Liberation newspaper, […]

Tips and Trends: March 2019

Tips and Trends: March 2019

The Price of Art and its Journey By Pontus Silfverstolpe When I was a child, I was told it was ugly to speak about money. Especially, as I understood much later, in the cultural world. But for those who yet speak of it, there is much interest. For example, how can a 20-inch painting cost […]

Hake’s Changes Name to Hake’s Auctions

Hake’s Changes Name to Hake’s Auctions

Hake’s Americana & Collectibles has changed the company name to Hake’s Auctions. The auction house, which has been in business for 51 years, is integrating the new name as they near the opening of their November auction. “We have been considering it for a while,” Hake’s Auctions President Alex Winter said. “We wanted to wait […]

Bonhams Bought By Private Equity Firm Epiris

Bonhams Bought By Private Equity Firm Epiris

Bonhams, the global auction house founded in 1793, is being acquired by Epiris Fund from private shareholders. Financial terms are not being disclosed. The sale is the latest in a series of transactions in which large auction houses have changed ownership. This is the fourth investment by Epiris Fund II, advised by Epiris LLP. Bonhams holds […]

Diggin' Old Bottles

Diggin' Old Bottles

By Maxine Cart-Lome Collectors will tell you it’s the thrill of the hunt for what they love that drives their passion for collecting. That’s certainly true among bottle collectors, who have many places to look and dig through to find their treasures outside of antique shops, eBay, auction houses, flea markets, and bottle dealers. Whether […]