What Is an Auction House?

The top ten auction houses in the world are based on the 2014 assessment by the arts bureaus and auction industry associations around the world. The major auction companies in the world hold large-scale auctions mainly in spring and autumn.

Top ten auction houses in the world

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The top ten auction houses in the world are based on the 2014

Art auctions are consignments of consignments sold in public by commercial firms that commission consignment business. Many customers bid to buy the works. When no one offers a higher price, they will make a bid to indicate the transaction. The major auction companies in the world mainly hold large auctions in the spring and autumn seasons, and also hold special small auctions on a regular basis. The market price of the art exchange market is increasing every year, attracting a large number of buyers from around the world to buy. In 2005, the turnover of art has reached 58.854 billion. In 2014, the world's top ten auction houses were evaluated by the arts bureaus and auction industry associations around the world. ^[1]

Sotheby's

Sotheby's (aka Sosby) has offices in 40 countries and a total of 90 locations; each year around 250 auctions are held at 10 auctions worldwide; and more than 70 collections are covered. ^[1]

Christie's

Christie's auction house (CHRISTIE'S), a collection of artworks from around the world, fine arts, watches, jewellery, cars and fine wines. Currently, Christie's has offices in 90 major cities around the world, and regularly holds auctions in 16 locations around the world. It also provides auction-related services, including art storage and security, education, art picture libraries and Property, etc. ^[1]

Nagau

The German Nagel auction company was founded in 1922 and is headquartered in Stuttgart, Germany. It is one of the four major auction companies in Germany, and its business is mainly concentrated in Europe. Robin joined Narco Auctions in 1990 and bought Narco Auctions in 1990 to become the new head. Narco Auctions has established branches and representative offices in Leipzig, Germany, Haifa, Israel, Brussels, Belgium, Verona, Italy, Vienna, Austria, Hong Kong, China and Beijing. Narco is the first European auction company to be auctioned in Europe and previewed in China. On October 17, 2004, the auction house of NACO also held the first preview of the art auction in Shanghai. ^[1]

Great Vader Auction

Established in the early 20th century, DAVID'S is one of the world's leading art auction companies, with lots collected from art collections around the world. At the beginning of its establishment, the Great Vader Auction relied on the world-class art collection in the foundation (founded by Sir Percival Victor David Ezekiel David) to win widespread attention. The museum is particularly prominent in Chinese ceramics, covering nearly a thousand years of history, and is considered by the Chinese scholars to be the best ceramic collection in the world.

Currently, David Auctions has offices located in 50 major cities around the world, with its headquarters in London, UK. Based on the UK and holding auctions in dozens of locations around the world, it also provides other auction-related services, including art Storage, preservation, art database, etc. Over the years, museums, collectors, art dealers and national governments around the world have trusted David. With the further development of the art market and the rise of the Chinese art market, Daweide Auctions officially entered the Chinese market and established the first art collection unit (Shanghai Jingce Exhibition Exhibition Services Co., Ltd.) to provide services for the mainland art market. . ^[1]

Phillips

Independence in 1796. In November 1999, Bernard Arnaud, the owner of French Louis Vuitton, bought it for 70 million pounds and merged. Arnold took advantage of the scandals of two major auction houses to invest heavily in Phillips. Phillips specialises in auctions of Impressionist works, contemporary and contemporary art and furniture.

China Poly

Beijing Poly International Auction Co., Ltd. is a direct subsidiary of Poly Group and was formally established on July 1, 2005. Adhering to the good quality of Poly Group, and relying on a strong team of experts and a network of business relationships at home and abroad, The professional and dedicated spirit provides the best service to the collectors. Relying on China Poly Group's strong financial strength and industrial chain and forward-looking strategic development ideas, Beijing Poly International Auction Co., Ltd. brings together more than a thousand masterpieces from modern and contemporary painting circles; "Chinese Modern Painting and Calligraphy" specially launched Qi Baishi, Wu Changshuo, Xu Beihong, Lin Fengmian, Li Keran, Huang Huan, Wu Guanzhong, Beijing-Tianjin School, Shanghai School, New Jinling School, etc .; "Chinese Contemporary Painting and Calligraphy" showcases the masterpieces of contemporary painters; "China Oil Painting" covers over 100 years The works of representative painters from various schools in the history of oil painting development, such as Yan Wenliang, Lin Fengmian, Guan Liang, Zao Wou-ki, Wu Guanzhong, Luo Zhongli, Yang Feiyun, Chen Yifei and other famous masterpieces have also become collectors' sought-after works; "Modern and Contemporary Art Ceramics" has been launched, and won the masterpiece of Yiwu masterpieces of Chinese ceramic design art masters at the Great Hall of the People in Beijing on October 13, 2011, which is highly appreciated and sought after by collectors. ^[1]

China Guardian

China Guardian International Auction Co., Ltd. was established in May 1993. It is a comprehensive auction company mainly engaged in the management of Chinese cultural relics and artworks. Its headquarter is located in Beijing. Large-scale spring and autumn auctions, as well as the Gade Seasons auctions are held regularly every year. The company has offices in Shanghai, Tianjin, Hong Kong, Taiwan, Japan and the North American Liaison Office. As of 2005, China Guardian has successfully held more than 300 international auctions of cultural relics and artworks, with a total of more than 163,000 lots. China Guardian's "Weekend Auction", which first served the general public collection, was successfully held in 2004, and then changed to the "Jade Four Seasons" auction in 2005. The single auction turnover exceeded 100 million yuan, and the auction grade It has also increased significantly. China Guardian's standing cultural relics and artworks auction projects include: Chinese calligraphy and painting, porcelain, handicrafts, oil painting sculptures, rare books of ancient books, inscriptions, inscriptions, stamps, coins, bronze mirrors, jewelry jade, clocks and other categories. Records of world art auctions with the highest prices, many national treasure-level treasures such as "Weng's Book Collection", "Song Huizong's Sketches of Rare Birds", "Tang Huai's Vegetarian Fish Posts", "Song Gaozong's Hand Book Health Theory", "Zhu Xichunyu" Important auctions such as "Thessalon" and "Song of the Master" have also returned to the mainland from overseas through the efforts of China Guardian, or flowed from folk to important collection institutions. ^[1]

Bonhams

Bonhams is a private, wholly-owned British auction house. Founded by Thomas Dodd in 1793, Bonhams is one of the few remaining London-based auctions from the George era. Row. Originally known for auction books, he worked closely with book auction experts and Walter Bonhams. By 1850, the company had expanded and auctioned antique items, including jewellery, porcelain, furniture, samurai armor and weapons, and fine wines. ^[1]

In the early 1950s, sales offices were opened.

In 2000 it was renamed Bonhams Bruce Auction House.

Merged with Phillips Son & Neale in 2001 to form a new company, officially renamed Bonhams.

By the end of 2003, Bonhams had auctioned more than 700 works of art each year, with more than 600 employees and a turnover of 340 million yuan. ^[1]

Hongkong Hengfeng Group Auction Co., Ltd.

Hong Kong Hengfeng Group Auction Co., Ltd. is located in Hong Kong, the financial capital of Asia. Since its establishment, it has always pursued professional services, adhered to industry rules, advocated self-discipline, and actively promoted the development of the cultural and art industry in the Hong Kong SAR. It is one of the regular and highly competitive auction companies in Hong Kong art auction companies with abundant resources for buyers and sellers. It is a professional company specializing in antique art exhibition auctions. ^[1]

Chongyuan Baoqu Art Co., Ltd.

Chongyuan Baoqu Art Co., Ltd. is an auction company jointly established by Hong Kong's top art museum (Baoqutang) and the famous Chinese auction house "Shanghai Chongyuan". It aims to use Hong Kong, the international city of Huitong, China and the West, as a business platform ^{[ 1]}