Bonhams

DEFINITION of 'Bonhams'

A London-based auction house specializing in the sale of art and antiques. Bonhams opened its first showroom in 1793, and operates eight auction venues around the world.

BREAKING DOWN 'Bonhams'

Bonhams competes with large auction houses, such as Christie’s and Sotheby’s, and has expanded into international markets in order tap into emerging economies. While it specializes in every major area of art and collectibles, it is perhaps best known for its market position in antique motor vehicles.

Bonhams has been involved in several mergers over the years. In 2000, Bonhams was acquired by Brooks, another auction house, becoming Bonham & Brooks. In 2001, Bonham merged with Phillips Son & Neale, and in 2002 acquired Butterfields. 

RELATED TERMS
  1. Collectible

    An item that is worth far more than it appears because of its ...
  2. Sotheby's

    One of the world's most venerable auction houses. The company ...
  3. Gallerist

    The owner or operator of an art gallery. Gallerists buy and sell ...
  4. Chandelier Bid

    A bid that is announced by an auctioneer during an auction that ...
  5. Lyon & Turnbull

    An auction house established in Edinburgh, Scotland, in 1826. ...
  6. Phillips

    A New York-based auction house specializing in the sale of art ...
Related Articles
  1. Insurance

    Should You Insure Your Collectibles?

    Insuring your valuable collectibles is just as important as insuring the rest of your home's contents.
  2. Personal Finance

    6 Major Collectibles Payoffs

    From comics to records these rare items scored unbeatable returns for those who were able to recognize their value.
  3. Retirement

    Contemplating Collectible Investments

    Profit margins are slim, but that needn't deter those with a passion for eras past.
  4. Personal Wealth & Private Banking

    5 Reasons to Invest in Mid-Century Modern Furniture

    Look for original pieces from the mid-20th century (not reproductions) as worthwhile investments – and get the pleasure of living with them, too.
  5. Saving and Spending

    Why the Classic Car Boom Might Be Ready to Bust

    The collectible car market has grown spectacularly, but recent numbers show that it may be heading for a correction.
  6. Investing Basics

    Defining The 3 Types Of Investments

    The first step to being a successful investor is knowing what is and isn't an investment.
  7. Your Clients

    Top Ways to Pass Passion Assets to Heirs

    Passion assets are finding favor among investors looking for alternative investments. Here's how to ensure smooth dispersion of these objects to heirs.
  8. Personal Finance

    3 Things To Buy That Could Soon Be Collectibles

    Collectibles can be a notoriously fickle market, but here are a few ideas about spotting what might become a valuable collectible down the road.
  9. Retirement

    5 Investments You Can’t Hold In An IRA

    Tax-deferred retirement accounts can hold a vast array of investments, but a few are not permitted. Here are five of the more notable exclusions.
  10. Home & Auto

    5 Luxury Cars with Low Resale Value

    Don't buy these cars new – but (if you crave one) they might be more worth buying when they're used. Here's why.
Hot Definitions
  1. Black Swan

    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult ...
  2. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  3. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
  4. Presidential Election Cycle (Theory)

    A theory developed by Yale Hirsch that states that U.S. stock markets are weakest in the year following the election of a ...
  5. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
Trading Center