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For the quarter that ended December 31, 2008, Sotheby's reported operating revenues of $166.2 million, a 52% decrease from the fourth quarter of 2007."This deterioration is primarily due to a 46% decline in net auction sales from $1.9 billion to $1 billion, significant auction guarantee losses, and inventory writedowns, all ... (Read More)
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In the inaugural Gaynor & Dent auction, a Fred Kail Red Sox ashtray sold for $920.Scott Gaynor and Andrew Dent have launched a new firm, Gaynor & Dent Auctions, which will offer estate, consignment, charity, real estate, and equipment auctions. "An auction is capitalism in its purest form," stated Gaynor, ... (Read More)
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New York Cityby Karl H. PassNancy Steinbock Posters, Chestnut Hill, Massachusetts, specializes in vintageposters. Here Morris Steinbock discusses one particular example with several show patrons.Joan Bogart designed her booth this year in what she described as a totally different look. The Rockville Centre, New York, dealer said, I wanted a ... (Read More)
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Concord, North Carolinaby Pete PrunklPhotos by Donna PrunklAt the preview party on January 29, Dr. Hector Henry helped show manager Lydia Sullivan cut the ribbon to open the Greater Charlotte Antique & Collectibles Show. Acting on behalf of the mayor of Concord, North Carolina, Dr. Henry also presented Sullivan with ... (Read More)
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(Auction)
Skinner, Inc., Boston, Massachusettsby Jeanne SchintoPhotos courtesy SkinnerThe sales surprise top lot was an African mask of carved wood that sold to a phone bidder for $56,880 (est. $800/1200). The bulging pierced eyes of the 15½" tall Pende hollow-form example are set in concave ovals; the decorations with red and ... (Read More)
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(Auction)
Christie's, New York Cityby Lita Solis-CohenPhotos courtesy Christie'sThis Poppy leaded glass and bronze table lamp, circa 1910, 26" high x 20" diameter, shade stamped Tiffany Studios, New York, 1531, base stamped Tiffany Studios, New York 357, sold on the phone for a strong $230,500 (est. $140,000/ 180,000) to a European ... (Read More)
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(Auction)
Andrews & Andrews, Northport, Maineby Mark SiscoSpanish walnut library table, $9900.English oak hall chair, $1045.The husband-and-wife auctioneering team of Dan and Elsie Andrews suffered a major setback in November 2008 when a faulty humidifier caught fire and the resultant blaze took a good portion of their home with it. The ... (Read More)
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(Auction)
Treadway/Toomey, Oak Park, Illinoisby Danielle ArnetPhotos courtesy Treadway/ToomeyWhen the market tanks, job security is a thing of the past, and portfolios are lower than a snake's bum, what is an auctioneer to do? If you're John Toomey, you look to repeat customers, because they're the ones who bought big and ... (Read More)
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After having spent some 35 years traveling through all the states, and having recently closed their shop in Pennsylvania, Pat and Rich Garthoeffner will be opening a new gallery at 60 Main Street in Wiscasset, Maine, in April."We have enjoyed the people of Maine, the many lakes, rivers, and, of ... (Read More)
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The board of trustees and staff of Strawbery Banke Museum in Portsmouth, New Hampshire, have announced changes in the operations plan that include eliminating eight year-round staff positions, reducing the number of seasonal staff by 40%, and across-the-board cuts to all department budgets.Jeffrey D. Gilbert, chairman of Strawbery Banke's board ... (Read More)
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