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Rich Klein

06-17-2019 04:00 PM

I don't know if Sotheby's still does sports collectibles

But if they do, they have a new owner

https://www.axios.com/sothebys-gets-...spm&stream=top

Rich

Rookiemonster

06-17-2019 08:51 PM

Hey Rich, they don�t but if they received a consignment like they did with Robin Williams they they would sell them. This was pretty big news today in the office ( I work at Sotheby�s )

gman	06-17-2019 10:56 PM

Wow, their stock jumped 58.6% on the news. Impressive. :eek:

steve B

06-18-2019 08:36 AM

"In 1998, Christie's was bought by French tycoon Fran�ois Pinault for $1.2 billion, setting off a 20-year period during which Christie's, with no particular need to make a profit, out-competed Sotheby's.
The value of Christie's to Pinault is not financial. Rather, the auction house gives him unparalleled insight into the behavior of the world's wealthiest individuals, and also effectively acts as his primary art acquisition vehicle."

Dropping 1.2 Billion on an auction company so you can figure out why the other rich people buy what they buy so you can buy it first and make more money...

Damn, that's brilliant!

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