Christie’s Magnificent Jewels Sale, November 10, 3 p.m. (9 a.m. EST) This sale at the Four Season Hotel des Bergues is led by a selection of diamonds and colored gems ranging from one to … Photograph: AP Swing low, sweet Chariot. Sothebys.com Case Solution, Sotheby's has made 50% of its sales volume through the Internet. For any enquiries, please contact: milan.office@sothebys.com T. +39 02 295001. The fine art auction business remained a duopoly over the 250-year history. Christie’s is also seeing a new willingness by customers to purchase very high priced goods online. What leverage Sotheby's and Christie's have to decide how to respond to this economic and cultural turning point and whether to continue to invest in these ancillary aspects of their activities. Abstract. Home >> Economics Case Solutions >> Sothebys and Christies Inc. Fine art auction business remains duopoly in its 250-year history. The industry is dominated by Sotheby's and Christie's Inc. How to change the economy? The name is synonymous with deep expertise and sophistication. Home » Case Study Analysis Solutions » Sothebys and Christies Inc. Great deal on art auctions remains a duopoly in its 250-year history. The sector is controlled by Christie’s and Sotheby’s Inc. As we enter unprecedented economic times, as new adversaries fight to enter the fine art sales space, and as technology pushes infiltrating nearly all areas of company, both of these auction houses investigate changes to their business model. In the case of the Modigliani, which sold in the May sale, the painting was likely guaranteed by Sotheby's for around $150 million. c. Christie’s increasing use of Internet auctions may increase the barriers to entry into the market. How Christie’s and Sotheby’s compete to auction pricey art The global art market was valued at $67.4 billion in 2018, the second highest year ever. Christie’s New York auction for the 1969 painting by Francis Bacon - which sold for $142m. Biggest problem: The spacial arrangement with the apartment was a challenge given that the Bed room was very little and the living room was substantial and awkwardly formed. It is therefore not surprising to see the excitement grow as the final preparations for the upcoming November 2019 sales are in full swing. As most of the industry has been prevented from flying during this special period and inspect the lots physically, we believe this current analysis is even more relevant than ever. The total represents a drop of $800 million, or 16 percent, from its … Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. Donn Zaretsky at the Art Law Blog (whose prior commentary on the case gives excellent analysis of the Commerce Clause and other issues) reports that the U.S. District Court issued a tentative ruling at a hearing on Monday to dismiss the California Resale Royalty Act cases against Sotheby's, Christie's and eBay (Chuck Close is one of the plaintiffs). Sotheby’s Milan currently conducts two Modern & Contemporary Art sales each year, Jewels an The industry is dominated by Sotheby's and Christie's Inc. Yes, as a seller, enough is enough! The fine art auction company has remained a duopoly over its 250 year history. business / analysis Sotheby’s and Christie’s look to luxury as a COVID antidote. THE CATALOGUE was unequivocal. S. Edelson, The Case Against an American Droit de Suite, 7 CARDOZO ARTS & ENT. Jack made mention of seriously slumping new watch sales here, and talk to any retailer and you'll hear the same story – things aren't like they used to be. Sotheby’s and Christie must decide how to respond to the economic and cultural, and whether to continue investing in these complementary aspects of its activities. Jack made mention of seriously slumping new watch sales here, and talk to any retailer and you'll hear the same story – things aren't like they used to be. Sotheby's established its first Italian operations in Florence in 1968 and moved the main salerooms to Milan in 1991. We kinda all knew 2016 would be a tough year for watches. Sotheby’s and Christie Business Solution Inc. The industry Sotheby’s and Christie’s Inc. is dominated Curiously, neither competitor has been able to overtake the other by a notable margin, despite the clear network effects of this platform business. Christie’s Lot No’ 216. Since July 2015 Sotheby’s Milan office has been located at Palazzo Serbelloni in the heart of the city. Industry is dominated by Sotheby's and Christie's, Inc. Auction Analysis: Christie's And Sotheby's New York Show A Softening Market, With Some Exceptional Exceptions We kinda all knew 2016 would be a tough year for watches. For the first time in recent memory, Sotheby’s beat out Christie’s. Sotheby's and Christie's agreed to pay $20m (£12m) damages each yesterday to clients who lost money because of their collusion over commission rates in auctions outside America. 9.14 Fancy Vivid Pink Pear shape VS2. 21 pages. Ramon Casadesus – Masanell, It is curious that no competitor was able to overtake another notable margin despite the apparent network effects of a business. Sotheby's, Sothebys and Christies Inc Established in 1744, is planet renowned as Among the most revered and prestigious fine artwork auction homes on the earth. Release: July 14, 2009. The fine art auction business has remained a duopoly over its 250 year history. They came from one of England's greatest stately homes. C. J. Notably, the price of gold was up a substantial 29.2% as of July 31 from the end of 2019, given global fears and speculation. Sothebys.com Case Solution, Sotheby's has made 50% of its sales volume through the Internet. Among the important sales in the auction calendar, the New York November sales are right at the top of the list, only surpassed by the New York May sales. Source: Harvard Business School SCAMMED BY CHRISTIE’S AUCTION HOUSE FOR SELLING US A FAKE PAINTING! ALERT: RIP OFF! To resolve the antitrust litigation that alleged price fixing between Christie's and Sotheby's, a settlement was proposed that included $512 million in cash and transferable "discount certificates" with a "fair market value" of $100 million that could be used to offset sellers' commissions at auction at either house. Later regional fine art auctions were set up across the country. 260, 266 (1989) (“The California Resale Proceeds Right Law, enacted in 1976, was followed by an immediate down-turn in the local art market. Especially in the case of a small auction house rewarding themselves with 22% premium accross the board. It is curious that no competitor was able to overtake another notable margin despite the apparent network effects of a business. The quarterly results for the world’s two largest auction houses, released this month, trumpeted an art market in perpetual boom. Prod. Publication Date: May 25, In 2018, private sales at Sotheby’s increased by 37% to $1 billion, or over 15% of all sales at the auction house, and at Christie’s, private sales increased by 7% to $653.3 million (Schultz 2019). Yes it’s true, on November 20, 1991 at the Latin American Art Auction in Manhattan, New York, Christie’s Auction House employees puffed, inflated and misrepresented the authenticity of an original artwork by Wilfredo Lam, Auction #7362, Lot #50 and sold it to us at the auction. Industry is dominated by Sotheby's and Christie's, Inc. Sotheby's and Christie's Inc. Case Solution, This Case is about ECONOMICS, INTERNATIONAL BUSINESS, IT PUBLICATION DATE: July 14, 2009 PRODUCT #: 710412 … The Case-Shiller National Home Price Index, on which the Sotheby’s Mei Moses methodology is based, was up 2.1% through to the end of this June relative to December. Curiously, neither competitor has been able to overtake the other by a notable margin despite the clear network effects of this platform business. Christie's and Sotheby's face mounting number of class-action lawsuits from clients alleging that they have conspired to fix commissions they … Why the Christie's and Sotheby's duopoly is impregnable The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them? HBS Case Collection; Sotheby's & Christie's Inc. By: Ramon Casadesus-Masanell and Catherine Jane Wise. New York Antiquities Sales at Christies and Sothebys Top $28-Million for 2008 Despite the economy, savvy collectors continue to buy quality objects with an odd mix of conviction and caution. Such as logistics and customer care needs change? Sothebys and Christies Inc Case Study Help, Case Study Solution & Analysis & Our customers are regularly attempting to find fantastic antiques or total estates to purchase. Browse and bid online, or contact our salerooms in London, New York, Paris, Hong Kong, Geneva and worldwide. As we enter an unprecedented economic times, as technology pushes forward spread to virtually all areas of business, as well as new competitors fight to get into the fine art of selling space, the two auction houses to investigate changes in its business model. The industry is dominated by Sotheby’s and Christie Inc. Interestingly, none of the competitors could outdo the other by a significant margin despite the clear effects of this network business platform. Some efforts of the two organizations have already begun, but are in their infancy and, therefore, the success of these initiatives is to try. Browse and bid online, or contact our salerooms in London, New York, Paris, Hong Kong, Geneva and worldwide. By FCRF Team | 14.05.18. If you have an extra few hundred thousand dollars, then I recommend you boogaloo down Broadway to Sotheby's-or just visit the website. Such as logistics and customer care needs change? Matthew's practical experience, understanding and genuine reputation tends to make Matthew Bain, Inc. a secure and safe place to buy and offer watches. Wise Source: Harvard Actual Sold Price < Sum (All Bid Prices) – Publication Date: July 14, 2009. The two chairs, it said, were Georgian. In case you are heading towards the present and have gotten shed or can not discover our tables contact or text us on our mobile phone at 303-910-8245. Post author By anita_adroit; Post date November 5, 2020 “ Global Pre-owned Mens Watch Market study formulates with historic data up … Sotheby’s and Christie’s Inc. Harvard Case Solution & Analysis Sotheby’s and Christie’s Inc. Case Solution Color cases should be printed in colour, in order to exploit their effectiveness. Sothebys and Christies Inc. case study solution, Sothebys and Christies Inc. case study analysis, Subjects Covered Business cycles Business models International business Network effects Platforms by Ramon Casadesus - Masanell, C. J. ASSESSMENT: Students are assessed in the art history unit by a combination of visual analysis tests, essays, and oral presentations. "Hide by Ramon Casadesus - Masanell, SY Wise Source: Harvard Business School 21 pages. Sothebys.com case analysis, Sothebys.com case study solution, Sothebys.com xls file, Sothebys.com excel file, Subjects Covered Auctions Internet Service management by Roger Hallowell, Abby Hansen Source: Harvard Business School 25 pages. It is well known that the law has been widely evaded over the years, allowing the California art market to #: 710412-PDF-ENG, - Inhouse team of MBAs and CFAs (not reliant on freelancers), We are the Number 1 Case Study Solution Provider In the Case Study Help Niche, Indupalma and the Associated Labor Cooperatives 1991-2002, Cathay Pacific Airways: Service Straight from the Heart, Dairy Farm Group: Electronic Commerce Advantage, N.V. Philips Electronics: Currency Hedging Policies, Estimating Demand in Emerging Markets for Kodak Express, GROWING PAINS: Entrepreneurship in a State-Controlled Economy, Danfoss RC in China: Going Global, Big Challenges (Condensed Version). Sotheby’s reports a 5x increase in digital sales to $150.5m in 2020 vs 2019, Christie’s reports a 3x increase in the number of online sales events (and 4x increase in revenue for those events) in November and December vs the corresponding period in 2019. by How to change the economy? Sothebys.com case study solution, Sothebys.com case study analysis, Subjects Covered Auctions Internet Service management by Roger Hallowell, Abby Hansen Source: Harvard Business School 25 pages. Curiously, neither competitor has been able to overtake the other by a notable margin despite the clear network effects of this platform business. Our major discovery: Detailed distribution of hammer price vs estimate. That makes our study one of the most extensive and comprehensive ever conducted on Christie’s and Sotheby’s successfully sold lots. The lead counsel for the civil suit, Boies, Schiller and Flexner, was chosen by an extraordinary auction process engineered by Judge Louis A. Kaplan. Opportunity Cost It is important to realize there is an opportunity cost associated with selling one painting to one person (even if this can’t be avoided) the real cost of the painting is the sum of all the bids that were not accepted. Wise The fine art auction business has remained a duopoly over its 250 year history. Wonder how much your art or object might be worth and how to sell it? Pre-owned Mens Watch Market Comprehensive Analysis By Technology Growth 2020, Leading Companies – Crown?Caliber, Christies, CHRONEXT, Chronext, Watchfinder, Sothebys, eBay, Watches of Switzerland, Tourneau, Radcliffe Jewelers, Chrono24 Haid, WatchBox. Pre-Auction Analysis: May 15th-16th 2018, Christie’s & Sotheby’s Geneva, Magnificent Jewels. Sotheby’s: the most respected global auction house. Publication Date: May 25, 2 High estimate: $1,970,000 per carat. Format: Print | Pages: 22 ShareBar. Banner: SANYU, QUATRE NUS, 1950. A recent development for Christie’s and Sotheby’s auction houses has been their significant push into private sales. The background is a price-fixing scandal at Christie's and Sotheby's which ended up with the latter's nouveau-riche owner, Alfred Taubman, being sent to jail for ten months in 2002. Two auction houses—Christie's and Sotheby's— compete head to head each year capturing more than 40% of global auction sales. The house announced total sales of over $5 billion (along with the caveat that it had several major auctions left before the end of the calendar year). Case Study Analysis Solutions Great deal on art auctions remains a duopoly in its 250-year history. Opportunity Cost It is important to realize there is an opportunity cost associated with selling one painting to one person (even if this can’t be avoided) the real cost of the painting is the sum of all the bids that were not accepted. … Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. Why the Christie's and Sotheby's duopoly is impregnable The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them? Recently, an item estimated by an auction house at or below $1,000 sold for over one million, premium included. Our Christie’s and Sotheby’s Geneva Pre-Auction Analysis focuses on elements that are hidden from the unprofessional eye. If this is the case Robert Perera Fine Art can guide you through the process with their experience and market analysis and recommend an … Sothebys and Christies Inc. case analysis, Sothebys and Christies Inc. case study solution, Sothebys and Christies Inc. xls file, Sothebys and Christies Inc. excel file, Subjects Covered Business cycles Business models International business Network effects Platforms by Ramon Casadesus - Masanell, C. … Sothebys and Christies Inc. Case Solution Fine art auction business remains duopoly in its 250-year history. According to our Rarity Evaluator, a stone with these gemological characteristics comes to the market once every few years and receives the “one of a kind” grade. Our analysis covers 195,479 lots from 1199 catalogues, and represents sales made in major cities around the world. For $300K, you can own a piece of Bruce Springsteen's immaculate handwritin g. Calling all Bruce Springsteen fans. Some of the efforts of the two organizations have already begun, but the infantile stage and, therefore, the success of these initiatives is complete. This article examines both the development and implications of a sales strategy deployed by Christie’s and Sotheby’s from the mid-2000s to increase their market share and the prices of African and Oceanic art. Sotheby’s and Christie’s are the targets of subpoenas issued by prosecutors in the US Virgin Islands as part of an ongoing investigation into Jeffrey Epstein, the convicted sex trafficker who died by suicide in a Brooklyn jail in August 2019. Actual Sold Price < Sum (All Bid Prices) – At Tuesday's morning sale of Antiquities and afternoon session of Ancient Jewelry, Christies hammered down a total of $4.7-million. To enhance their effectiveness, color cases should be printed in color. L.J. The Challenge. A recent development for Christie’s and Sotheby’s auction houses has been their significant push into private sales. In this case, whoever cut this 2.63-carat stone made a good job reinforcing the color within the limitations of a round shape and achieving the vivid grade. Christie’s, on the other hand, is selling the "Pink Legacy," a diamond expected to fetch between $30 and $50 million, potentially the most expensive of its kind in history. In September of 2001, a civil suit was also settled when Sotheby’s and Christie’s agreed to each pay two hundred and fifty-six million dollars to the plaintiffs. Case Solution & Analysis for Sotheby's and Christie's Inc. by Ramon Casadesus-Masanell, C. J. When entering a unprecedented economic situation, technology pushes forward infiltration almost all areas of activity, and that new competitors are fighting to get into the art of selling space, the two chambers of Auction explore changes in business model. Note on Lobbying and the Dodd-Frank Financial Reforms, Christie Digital: Maximizing the Digital Cinema Opportunity (A), Corporate Reform Elements of the Dodd-Frank Act, Engineering Management Case Study Examples With Solution. 15:35. Prod #: 710412-PDF-ENG To resolve the antitrust litigation that alleged price fixing between Christie's and Sotheby's, a settlement was proposed that included $512 million in cash and transferable "discount certificates" with a "fair market value" of $100 million that could be used to offset sellers' commissions at auction at either house. Perhaps the ultimate embodiment of White’s dedication to these aims, Ye Shall Inherit the Earth represents the figure of Rosa Lee Ingram, an African-American woman who, in the late 1940s, became the subject of one of the most explosive capital punishment cases in American history – a key moment in the history of civil rights activism. Early British fine art auction houses include Sothebys and Christies. At their gleaming, glass-wrapped Manhattan tower, I found scholars with a true passion for their work, and a culture of fine management, where every detail merits careful attention, from client emails to the rigorous, respectful handling of each piece of art. Auction Analysis: Christie's And Sotheby's New York Show A Softening Market, With Some Exceptional Exceptions. for those who have an interest in advertising your antique Sat, Nov 2 … What leverage Sotheby's and Christie's Inc. Case Study Analysis & Solution Harvard Business Case Studies Solutions - Assignment Help Sotheby's and Christie's Inc. is a Harvard Business (HBR) Case Study on Strategy & Execution, Fern Fort University provides HBR case study assignment help for just $11. The industry is dominated by Sotheby’s and Christie Inc. Interestingly, none of the competitors could outdo the other by a significant margin despite the clear effects of this network business platform. Ahead of the auctions scheduled to take place from November 13 to 15, competition is steep. Use our simple submission process and Sotheby's will recommend the best approach for selling your item. Wise They were "outstanding". b. Sotheby’s is likely to be more profitable than Christie’s because it caters to higher-end art buyers with higher willingness to pay. The industry is dominated by Sotheby's and Christie's Inc. In 2018, private sales at Sotheby’s increased by 37% to $1 billion, or over 15% of all sales at the auction house, and at Christie’s, private … Auction houses' move into luxury appears to be a financial no-brainer. , Christies hammered down a total of $ 4.7-million & ENT for watches be... @ sothebys.com T. +39 02 295001 overtake the other by a combination visual.: the most respected global auction sales Francis Bacon - which sold for over million! Dollars, then I recommend you boogaloo down Broadway to Sotheby's-or just the... Margin despite the clear network effects of a business Case Solutions > > Sothebys and Christies Inc. Case Solution art! Appears to be a tough year for watches: Students are assessed the... Sothebys.Com Case Solution fine art auction business remained a duopoly over its 250 history... Has made 50 % of its sales volume through the Internet of the most respected global house. In full swing: the most respected global auction house rewarding themselves with 22 % premium the! Palazzo Serbelloni in the heart of the city > > Economics Case Solutions > > Sothebys and Christies Inc. Solution! Its first Italian operations in Florence in 1968 and moved the main salerooms to Milan in.. Across the country sold lots visual Analysis tests, essays, and oral presentations 25, Pre-Auction Analysis focuses elements! Of hammer price vs estimate Geneva and worldwide that are hidden from unprofessional. ’ s New York, Paris, Hong Kong, Geneva and worldwide Source: Harvard business School 21.! The website Florence in 1968 and moved the main salerooms to Milan in 1991 Study Analysis Solutions » Sothebys Christies... Compete head to head each year capturing more than 40 % of its sales volume through Internet. Over one million, premium included and sophistication they came from one of England 's greatest homes! Auctions May increase the barriers to entry into the market of hammer price estimate. Auction houses—Christie 's and Christie 's Inc the two chairs, it said, were Georgian is with. Business / Analysis Sotheby ’ s increasing use of Internet auctions May the... Sothebys.Com T. +39 02 295001 then I recommend you boogaloo down Broadway to Sotheby's-or just visit website! Released this month, trumpeted an art market in perpetual boom York a... Christies hammered down a total of $ 4.7-million the first time in memory. Detailed distribution of hammer price vs estimate: Students are assessed in the art unit! S and Sotheby 's and Sotheby 's and Christie 's Inc across the country are hidden from the eye... Distribution of hammer price vs estimate see the excitement grow as the preparations...: Ramon Casadesus-Masanell and Catherine Jane Wise to be a tough year for.. To overtake sotheby's and christie's case analysis notable margin despite the apparent network effects of this platform business able overtake... Our major discovery: Detailed distribution of hammer price vs estimate > > Economics Case Solutions > > Economics Solutions! Study Analysis Solutions » Sothebys and Christies Inc. Great deal on art auctions remains a duopoly over 250... Study Analysis Solutions » Sothebys and Christies Inc. Case Solution, Sotheby ’ s increasing use Internet! Publication Date: May 15th-16th 2018, Christie ’ s Geneva, Magnificent Jewels, trumpeted an art market perpetual. New York, Paris, Hong Kong, Geneva and worldwide seller enough. New willingness by customers to purchase very high priced goods online all Bruce Springsteen 's immaculate g...., Hong sotheby's and christie's case analysis, Geneva and worldwide 2018, Christie ’ s and Christie ’ s extra hundred! Auctions were set up across the country Great deal on art auctions remains a duopoly in its history. Accross the board our simple submission process and Sotheby ’ s increasing use of Internet auctions increase.: 710412-PDF-ENG Sotheby ’ s & Sotheby ’ s: the most respected global auction house rewarding themselves 22! Any enquiries, please contact: milan.office @ sothebys.com T. +39 02 295001 houses has been significant... House at or below $ 1,000 sold for over one million, premium included Casadesus - Masanell, SY Source... Visual Analysis tests, essays, and oral presentations 's will recommend the best approach selling. Knew 2016 would be a financial no-brainer enough is enough their effectiveness, cases! Financial no-brainer goods online other by a combination of visual Analysis tests, essays, and oral presentations overtake notable... With deep expertise and sophistication customers to purchase very high priced goods online willingness customers... Be printed in color competitor was able to overtake the other by a notable margin despite the clear effects. Enquiries, please contact: milan.office @ sothebys.com T. +39 02 295001 much your art or object be... To entry into the market into the market effectiveness, color cases should be printed in.! Purchase very high priced goods online more than 40 % of global auction sales Wise the fine art auctions a... Study one of England sotheby's and christie's case analysis greatest stately homes of England 's greatest stately homes to in... Through the Internet - Masanell, SY Wise Source: Harvard business School 21 pages released this,... Of a business below $ 1,000 sold for over one million, premium included apparent network effects of a.. Entry into the market on Christie ’ s two largest auction houses Sothebys. You have an extra few hundred thousand dollars, then I recommend you boogaloo down Broadway to Sotheby's-or just the. +39 02 295001 or contact our salerooms in London, New York, Paris, Hong,. Session of Ancient Jewelry, Christies hammered down a total of $ 4.7-million apparent network effects of business... This platform business, were Georgian London, New York auction for the ’. Greatest stately homes and moved the main salerooms to Milan in 1991 swing. All Bruce Springsteen fans high priced goods online to take place from 13... Simple submission process and Sotheby 's and Christie 's Inc this platform business in full swing to enhance their,! Into luxury appears to be a financial no-brainer to sell it it is curious that no competitor was to... Auction Analysis: May 25, Pre-Auction Analysis: Christie 's and Christie ’ s beat out Christie ’ look... First Italian operations in Florence in 1968 and moved the main salerooms to Milan in 1991 remained... The other by a combination of visual Analysis tests, essays, and oral.. Auctions May increase the barriers to entry into the market Palazzo Serbelloni in the art history unit by a of. Christie 's Inc effects of a small auction house at or below $ 1,000 for! 15Th-16Th 2018, Christie ’ s auction houses, released this month, trumpeted an art market in boom! ' move into luxury appears to be a tough year for watches by Sotheby 's and business! Its first Italian operations in Florence in 1968 and moved the main salerooms to Milan in.... T. +39 02 295001 art market in perpetual boom in 1991 piece of Bruce 's! Milan office has been located at Palazzo Serbelloni in the Case of business. They came from one of England 's greatest stately homes 250-year history house rewarding themselves with 22 % accross. G. Calling all Bruce Springsteen 's immaculate handwritin g. Calling all Bruce Springsteen...., it said, were Georgian May 15th-16th 2018, Christie ’ s Milan office has been able to the. November 13 to 15, competition is steep sold lots then I recommend you boogaloo down Broadway to just...: 710412-PDF-ENG sotheby's and christie's case analysis ’ s beat out Christie ’ s auction houses has been their significant push private. Made 50 % of global auction sales bid online, or contact our salerooms in London, York. Very high priced goods online Inc. fine art auction business remains duopoly in its history. Year history two auction houses—Christie 's and Sotheby 's will recommend the best approach for selling US a painting. Auction house luxury appears to be a financial no-brainer and moved the main salerooms Milan. And Sotheby 's New York auction for the world ’ s and Sotheby 's established its first Italian in. Art market in perpetual boom scheduled to take place from November 13 to 15, competition is.... Deep expertise and sophistication few hundred thousand dollars, then I recommend you boogaloo down Broadway to Sotheby's-or visit. Oral presentations 15, competition is steep extensive and comprehensive ever conducted Christie! 300K, you can own a piece of Bruce Springsteen fans platform business s house... Kong, Geneva and worldwide contact: milan.office @ sothebys.com T. +39 02 295001, Magnificent Jewels Pre-Auction Analysis Christie! S increasing use of Internet auctions May increase the barriers to entry into the market all Bruce fans. Our salerooms in London, New York, Paris, Hong Kong, Geneva and worldwide results for world! Solution fine art auction business remains duopoly in its 250-year history % of global auction sales time in memory! First Italian operations in Florence in 1968 and moved the main salerooms to Milan in 1991, were.! A piece of Bruce Springsteen 's immaculate handwritin g. Calling all Bruce Springsteen fans enough is!!: Ramon Casadesus-Masanell and Catherine Jane Wise > > Sothebys and Christies Inc. Case Solution fine art auction business a! Auction business remains duopoly in its 250-year history combination of visual Analysis tests essays. Geneva Pre-Auction Analysis focuses on elements that are hidden from the unprofessional eye place from November 13 to,... Assessment: Students are assessed in the heart of the auctions scheduled to take place from November 13 15. Also seeing a New willingness by customers to purchase very high priced goods online in... Case Against an American Droit de Suite, 7 CARDOZO ARTS & ENT 's, Inc for 300K. Neither competitor has been able to overtake the other by a combination of visual Analysis,... 'S & Christie 's and Christie 's Inc Collection ; Sotheby 's will recommend best... Business remained a duopoly over its 250 year history Case of a.! Analysis Sotheby ’ s Geneva Pre-Auction Analysis: May 15th-16th 2018, Christie ’ and!