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It's hammer time for Sotheby's |
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Written by Sydney Morning Herald
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Friday, 20 November 2009 |
IT IS the end of an era for Sotheby's art auction house as it heads into its final sales for the year - a tough year marked by falling profits, the global financial crisis, and an audacious takeover by an unlikely player.
On Monday and Tuesday, Sotheby's will put more than $7 million worth of Australian art under the hammer in Melbourne. It will be the company's final sale with its current team of specialists, some of whom are leaving following the takeover by auctioneer Tim Goodman, of rival firm Bonhams & Goodman.
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