Antiques
Friday Chronicles #2: the luxury auction market is lost in translation
When a Rolex Daytona steelcase is sold for $ 400’000, when a Francis Bacon triptique reaches $ 142 million whereas the correct price is half of it, then we have a problem. The entire Auction market is trusted by hundreds of people around the world who has in average between 20 to 40 million dollars to spend in luxury goods every year. This means that certain objects, no matter if they are Art, Fashion items or Antiques, will see their…
Tom Sargent, Art and Antiques Insurance has no secret for him.
Luxury Activist got the opportunity to exclusively interview Tom Sargent, Art and Antiques auction expert. Tom Sargent works as Client Manager of Artscope at Aon Private Clients, he specialises in high net worth items in auction, antiques and art. Previously worked in the auction industry for 6 years at Bonhams & Butterfields and Christies auctioneers where he valued antique furniture and Works of Art. Here he gained useful knowledge on how the art and high net worth industries operate working with…