Sotheby's

Sotheby's is a multinational corporation headquartered in New York City. Founded in 1744, it is one of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles. Sotheby's acts as an intermediary, connecting sellers with potential buyers through auctions and private sales. The organization is currently newsworthy due to several high-profile auctions and events. These include the record-breaking sale of a 1945 Romanée Conti wine bottle for over $800,000, the auction of a vast chess memorabilia collection in London belonging to German grandmaster Lothar Schmid, and the first public display in decades of David Hockney's early landscape painting before its auction. Furthermore, a Rembrandt drawing of a lion recently sold for $18 million at a Sotheby's auction to benefit big cat conservation. The recent passing of Uschi Niggemann, former president of Sotheby's Germany, who significantly impacted the German art market, also highlights the company's historical and ongoing influence in the art world.