Sotheby’s Auction House is the world’s largest auction house by the value of sales.
The company was founded in London in 1744 and it is now headquartered in New York City.
The company is the world’s oldest auction house and is estimated to have sold more than 21 million works of art in 2018.
This blog post will explore the history of Sotheby’s Auction House, including the founding of the company, the auction house’s first sale, and what they do today.
The History of Sotheby’s Auction House
The history of begins in 1744 when a London merchant named Samuel Baker began selling off his personal collection of paintings, prints, and sculptures.
Baker’s business was so successful that he moved to New Bond Street, which became a center for artists and art collectors. In 1760, Baker’s son, James, took over the business
and renamed it Sotheby & Company.
In 1766, James’ partner, John Montagu, duke of Manchester, died and James inherited his share of the business.
James re-named the company Sotheby & Son and expanded the business to include a gallery that held the world’s largest private art collection.
In 1788, James’ son, John, became the company’s fourth chairman.
The Founding of Sotheby’s Auction House
Sotheby’s Auction House was founded in 1744 by British hatter and art dealer Samuel Baker.
He named the company after London street where he had his first auction house, Street.
The company was originally a small, local business that specialized in selling fine art, antiques, and collectibles.
It was not until the mid-19th century that Sotheby’s became the largest auction house in the world.
In 1844, the company was incorporated and the first auction house in the world to have a public float.
The company is still going strong today, holding auctions around the world.
The First Sale of Sotheby’s Auction House
The first sale was held on November 4, 1744. In 1744, John James Audubon was the first person to sell his art to the public. In 1744, a Dutchman named Pieter de la Court was the first person to buy artwork from a public auction.
What does Sotheby’s do today?
was founded in London in 1744.
It was initially a business that auctioned off goods and properties.
Nowadays, is a world-renowned auction house that has auctioned off a lot of famous and valuable objects.
The company still holds auctions and other events, but it also has a number of different roles.
It is a worldwide auction company that sells art, antiques, jewelry, and more.
the third-largest auction house in the United Kingdom and the sixth-largest in the world.
It is also a brokerage firm that helps to sell art and other collectibles.
The company has offices in more than 30 countries.
