Sotheby's auction services

Sotheby's is one of the world's oldest and most prestigious auction houses, specializing in fine art, jewelry, and luxury collectibles. Founded in 1744 in London by bookseller Samuel Baker, the brand has evolved from a local manuscript seller into a global powerhouse for the exchange of high-value assets. While it was born in the United Kingdom, its global headquarters is now located in New York City, specifically moving into the historic Breuer Building on Madison Avenue as of 2025.

The company does not 'manufacture' products in a traditional sense; rather, it provides expert valuation, financial, and brokerage services across a network of 80 locations in 40 countries. In 2019, Sotheby's transitioned from a public company on the New York Stock Exchange to a private entity following its acquisition by billionaire entrepreneur Patrick Drahi through his company, BidFair USA. Today, it operates as a privately held multinational corporation with a significant presence in major markets including London, Hong Kong, and Paris.