Bargain hunting in the basement
Article Abstract:
Sotheby's announced a $5.2 million - 2.93 million pounds sterling - loss in the 1st qtr 1991 so as well as redundancies and closing the Chester branch, they opened the Arcade Gallery in the London basement to attract purchasers with modest means. Arcade Sales have affordable antiques at 400-1,200 pounds sterling. There are 10,000 lots a year. The first sale sold 336 lots and left 359 unsold. Serious catalogues and knowledgeable experts attract keen collectors. Different types of objects are mixed but displayed in period order.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
The Green Shoots by Hockney, Miro and Matisse
Article Abstract:
The art market is improving at the end of 1992. A Sotheby's sale in December made better prices than its June sale, and more prints were bought which had been unwanted in June. Ten Warhol prints of Marilyn Monroe fetched 115,000 pounds sterling. Lower-priced prints also sold near their upper estimates. The modern and contemporary print market is reviving. Matisse has become exceptionally popular in New York. His 'Danseuse' sold at 3,300 pounds sterling against an estimated 2-2,500 pounds sterling.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
From the dawn of time, a bargain
Article Abstract:
There are vast numbers of antiquities in circulation in the UK, and they can be purchased at very low prices. They remain inexpensive because around 100,000 small artefacts, such as pots, brooches and pins, are dug up every year by developers or by people using metal detectors. A plain Roman domestic pottery bowl, for example, can cost as little as 20 pounds sterling, while a simple bottle costs 50 pounds sterling.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Shading out the threat of melanoma. Green shoots face credit frost. Boldly going where banks dare not go: factoring companies step in where traditional lenders are wary of providing finance
- Abstracts: Hitting the big time. Shock tactics. Shooting in the city of angels: Hollywood invented LA instead of filming it
- Abstracts: Falling in love, again. Freedom from happy endings. Distant voices, full lives
- Abstracts: Vision that may go down the Tube. Arts? Not here, thank you. Bombings? We're off to the bunker
- Abstracts: This one will run and run and run and.... The trick is to start writing. Whose lines are they anyway?