Sotheby's

Sotheby's is a multinational corporation, originally British but now headquartered in New York City. One of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles, Sotheby's operation is divided into three segments: auction, finance, and dealer. The company’s services range from corporate art services to private sales.

Sotheby’s is the world’s fourth oldest auction house in continuous operation, with 90 locations in 40 countries. As of December 2011, the company had 1,446 employees worldwide. It is the world's largest art business with global sales in 2011 totaling $5.8 billion.

Sotheby’s was established on 11 March 1744 in London. The American holding company was initially incorporated in August 1983 in Michigan. In June 2006, Sotheby’s Holdings, Inc. reincorporated in the State of Delaware and was renamed Sotheby’s.

History

Beginnings

Sotheby's predecessor, Baker and Leigh, was founded in London on 11 March 1744, when Samuel Baker presided over the disposal of "several hundred scarce and valuable" books from the library of Rt Hon Sir John Stanley Bt., of Alderley. Three Swedish auction houses are even older (Stockholms Auktionsverk, Göteborgs Auktionsverk, Uppsala auktionskammare) and Sotheby's great rival in London and then New York, Christie's, dates from 1759 or shortly after. The current business dates back to 1804, when two of the partners of the original business (Leigh and Sotheby) left to set up their own book dealership. The library Napoleon took with him into exile at St Helena, as well as the library collections of John Wilkes, Benjamin Heywood Bright and the Dukes of Devonshire and of Buckingham (both related to George Leigh) were sold through Samuel Baker’s auctions.

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Sotheby's Concierge Auctions: Bidding Now Open For Inaugural Live Auction With RM Sotheby's During Arizona ...

MENA FN 18 Jan 2025
(MENAFN - EIN Presswire) 13845 North Scottsdale Road, Scottsdale, Arizona Eleven Arches, 5201 North Hacienda Del Sol Road, Tucson, Arizona For the first time ever, real estate will be offered live ... .
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Sotheby’s to auction ‘the most complete Jewish baseball card collection in the world’

The Jerusalem Post 18 Jan 2025
Historic $500K Jewish baseball card archive celebrates players and their legacy. .
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Sotheby’s to host Saudi Arabia’s inaugural international auction in Diriyah on February 8

Saudi Gazette 16 Jan 2025
Saudi Gazette report RIYADH — Sotheby’s will host its inaugural auction in Saudi Arabia on February 8, marking a significant milestone in the Kingdom’s cultural evolution. Titled 'Origins,' ....
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Sotheby’s Reveals a Cross-Category Mix of Luxe Lots in Its First Auction In Saudi Arabia

New York Observer 16 Jan 2025
Courtesy of Sotheby's. Shortly after announcing a staggering $1 billion investment deal with Abu Dhabi’s Sovereign Wealth Fund, Sotheby’s wasted no time unveiling its ambitious regional expansion plans ... Courtesy of Sotheby's.
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Vancouver’s glut of luxury condos a potential investment opportunity, says Sotheby’s

North Shore News 15 Jan 2025
Well-heeled buyers may want to consider snapping up luxury condominiums in Vancouver, where growing inventory, lower prices and falling interest rates have created an investment window, says Sotheby’s International Realty Canada.
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Sotheby’s Is Selling a Rare Printing of the Declaration of Independence

New York Observer 13 Jan 2025
Courtesy of Sotheby's. Later this month, Sotheby’s will auction off a rare piece of American history ... First sold at Sotheby’s in 1967 as part of Thomas W ... Courtesy of Sotheby's ... Sotheby’s set a ...
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Trump’s DOGE could lead to ‘regional recession for housing,’ veteran DC Realtor says

Wtop 13 Jan 2025
I think it is going to be a lot of relocations and a lot of elimination of jobs,” said Corey Burr at TTR Sotheby’s, who has been representing homebuyers and sellers in the D.C. region for 30 years. More Trump Impact News ... Source .
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London’s Best New Restaurants Coming in 2025

New York Observer 13 Jan 2025
London’s dining scene has exploded since the pandemic, with new restaurants opening throughout the city almost daily ... London’s Best New Restaurant Openings of 2025 ... Dimitrios Sofianopoulos / Courtesy of Sothebys International Realty UK. The Dark Horse ... .
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Lady Patricia Mountbatten's jewels to go on sale at Sotheby’s

The National 11 Jan 2025
The first jewellery auction is part of a larger sale, entitled The Family Collection of the late Countess Mountbatten of Burma, which is taking place at Sotheby’s London on March 24 ... A glimpse into Lady Patricia ....
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As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury

New York Times 09 Jan 2025
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences ... .

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