Acker Closes 2018 with US$125M in Total Sales, over 2,150 New World Records

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Mark Cochard
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Acker Closes 2018 with US$125M in Total Sales, over 2,150 New World Records

#1 Post by Mark Cochard » January 10th, 2019, 10:54 am

Thought this might be of interest
https://bit.ly/2RM3md6

Mich@el Ch@ng
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Re: Acker Closes 2018 with US$125M in Total Sales, over 2,150 New World Records

#2 Post by Mich@el Ch@ng » January 10th, 2019, 11:00 am

meanwhile, I guess Rudy has deportation to look forward to in a couple years?

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John Morris
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Re: Acker Closes 2018 with US$125M in Total Sales, over 2,150 New World Records

#3 Post by John Morris » January 10th, 2019, 1:11 pm

Note that superlatives about their ranking in the auction world are based on Hong Kong, not New York:
Acker concluded its 2018 auction season in New York City in December with an impressive US$105 million in total auction sales, representing an increase of 31% compared to 2017’s revenue. Indicative of the firm’s #1 position, Acker set a remarkable 2,150+ new world records during 2018, while crossing the milestone of $1B of revenue in total auction sales in its June Hong Kong sale this same year.
How does the $105M figure compare to Christie's or Sothebie's in the US, or Hart Davis or Zachy's?

(I see that the talks to sell a 45% stake in the HK arm to Madison Wine ended in 2017: https://www.thedrinksbusiness.com/2017/ ... rtnership/)
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