Sotheby's

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Definition of 'Sotheby's'

One of the world's most venerable auction houses. The company is largely known for holding auctions of very valuable and rare collectors' items such as jewelry, antiques and fine art.
Investopedia Says

Investopedia explains 'Sotheby's'

Sotheby's acts as a market for the exchange of rare and valuable pieces for which there are few other means of buying and selling. Because of the rarity of many of the items that go onto the auction block, the company provides a way for investors and collectors to liquidate their holdings in an otherwise illiquid market. However, huge swings in value tend to be common with much of what Sotheby's sells because items such as gemstones, fine art and antiques are worth whatever a buyer is willing to pay for them at the time they are sold.

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'Sotheby's'

  • Three Surging Small Caps

    http://stocks.investopedia.com/stock-analysis/2010/Three-Surging-Small-Caps-JASO-TAN-PBW-AMED-BID0119.aspx
    ... health agencies. On The Auction Block Rounding out this list of surging
    small caps is the auctioneer Sotheby's (NYSE:BID). Shares ...

  • Profiting From The High Life

    http://stocks.investopedia.com/stock-analysis/2010/Profiting-From-The-High-Life-BIDTTMFOSLWYNN0303.aspx
    ... Fine Art Feeding Frenzy Boosts Sotheby's Profits Noted fine art auction house Sotheby's
    (NYSE:BID) recently reported the highest quarterly profit in 18 months ...

  • Industries Prone To Bubbles And Why

    http://www.investopedia.com/articles/financial-theory/11/industries-prone-to-bubbles-and-why.asp
    ... far above their cover prices within months of their release; famous back issues
    sold for tens of thousands of dollars in auctions at Christie's and Sotheby's. ...

  • Investing In Fine Wine

    http://www.investopedia.com/articles/pf/08/wine-investment.asp
    ... The commission charged varies quite a bit between an online auction house, such
    as winebid.com or winecommune.com, and Sotheby's or Christie's. ...

  • 5 Most Expensive Diamonds Ever Auctioned - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/5-Most-Expensive-Diamonds-Ever-Auctioned.aspx
    ... The Sun Drop Diamond, weighing in at 110.3 carats, was auctioned on Nov.
    15, 2011 at Sotheby's for over $10.9 million. Including ...

  • How To Live Rich For A Lot Less - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/How-To-Live-Rich-For-A-Lot-Less.aspx
    ... Estate sales, bankruptcy auctions and auctions administered by trusted names like
    Sotheby's all give regular people a chance to get quite a lot without ...

  • Ritchie Bros Feels The Hammer

    http://stocks.investopedia.com/stock-analysis/2010/Ritchie-Bros-Feels-The-Hammer-RBA-BID-EBAY-CAT0715.aspx
    ... Sotheby's (NYSE:BID) sells art, not backhoes, and eBay (Nasdaq:EBAY) is far
    more consumer-oriented. Consequently, the sometimes-good ...

  • Introduction To Gemology

    http://www.investopedia.com/articles/basics/06/gemology.asp
    ... Furthermore, buying one of the rarest materials on earth in a lavish London auction
    house such as Sotheby's or Christie's, having it cut in Antwerp and then ...

  • Translating Ticker Talk

    http://www.investopedia.com/articles/basics/09/translating-ticker-talk.asp
    ... Shuffle Master, SHFL, This gaming supply company sells automatic card shufflers.
    Sotheby's, BID, Specializes in auctions of fine art, collectibles and jewelry. ...

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