Why These Are Tough Times for Sotheby's and Its Highly …
WEB4 days ago · Why These Are Tough Times for Sotheby's and Its Highly Leveraged Billionaire Owner. Franco-Israeli Patrick Drahi purchased the auction house for $2.7 billion in 2019. (Stephane de Sakutin/Agence ...
$7M ‘Holy Grails’ Auction Is a Home Run - Sotheby’s
WEB3 days ago · Graded 8 (Near Mint) by PSA. Sold in September 2024 at Sotheby’s New York for $312,000. A 1948 Leaf #79 rookie card commemorating Jackie Robinson ’s historic rookie year fetched $312,000. Poet Rowan Ricardo Phillips wrote that the card, “in its quiet way, pays homage to Robinson’s shattering of baseball’s longstanding racial barriers.”.
Can Sotheby's CEO Charles Stewart Get the Auction House in …
WEB6 days ago · To the outside world, the biggest news to come out of Sotheby’s auction house recently was the Stegosaurus fossil that sold this past July for $44.6 million. It was the most expensive dinosaur ...
Sotheby's Pushes Through Midseason Curated Sale with Help of …
WEB2 days ago · Sotheby’s Contemporary Curated Sale, Organized by Rich Paul, Earns Over $20 M. on Shaky Ground. By Daniel Cassady. September 27, 2024 6:37pm. Rich Paul stands in front of Sam Gilliam's Cielo ...
Drahi’s Sotheby’s to Reduce Debt Load Using Sovereign Fund Cash
WEB3 days ago · September 26, 2024 at 3:44 PM EDT. Save. Sotheby’sis planning to use part of a new investment led by an Abu Dhabi sovereign wealth fund to pay back some of its existing lenders, a lifeline for ...
Sotheby’s New York Sales Reach $1.2 Billion| Auction Results | Sotheby’s
WEBNov 17, 2023 · With six items selling over $30 million, twelve over $20 million and twenty-seven over $10 million, the average lot price reached $7.6 million, up 21% over this May. All told, eight auctions realized a combined total of $1.2 billion – a 34% increase over last November’s sales.
Sotheby's makes $198.1m in consistently strong Modern evening …
WEBMay 16, 2024 · Breaking through the gloom and doom of a softening market, Sotheby’s Modern evening sale delivered a robust $198.1m ($235.1m with fees) on Wednesday (15 May).
5 Takeaways From the Spring Art Auctions - The New York Times
WEBMay 19, 2024 · Sotheby’s The Now auction of cutting-edge art delivered $32.7 million, down almost 12 percent from a similar sale last spring and 55 percent from 2022.
2021: Historic Year In Review | Press Release | Sotheby’s
WEBDec 16, 2021 · Sotheby’s luxury auctions reached new heights in 2021, with global totals reaching over $1 billion for the first time, a new record for any auction house - driven by a record number of bidders. The total for Sotheby’s …
Sotheby's in debt amid Drahi's decisions and weakening art …
WEB4 days ago · Since Drahi first purchased Sotheby’s in 2019, the auction house’s debt has nearly doubled — it ballooned from $1 billion to $1.8 billion. Drahi has long relied on accruing debt to grow his ...