In what they are describing as a first for a global auction house, Spink are taking the significant step of locating their boss in Hong Kong.
Olivier Stocker, chairman and CEO since 2005, is relocating to
HK to "further galvanise Spink's thriving Asia business", said the
A spokeswoman added: "The move will expand and develop Spink
China's already significant presence in Asia. Mr Stocker, who
previously lived in HK and Singapore for over a decade, will focus
on client relationships in Asia and help clients build or dispose
of important collections."
Two years ago, Spink expanded in China with two new
acquisitions: leading philatelic auction house Phila China and fine
wine auction business Oeno China, founded by Anna Lee.
"Mr Stocker will work closely with Mrs Lee to grow the business
in HK and meet the needs of our new collectors in Asia for both
collectables and wine. He will continue to run the global business
and will regularly travel to all our offices from the global hub of
Spink have been holding auctions in HK since 1986. Multiple
sales of stamps, coins, banknotes, bonds and shares certificates
and wines currently take place there throughout the year.
Mr Stocker said: "We all know the collectables market has gone
global," adding: "There has been a huge increase in auctioneering
in Asia over recent years. Ten years ago, only Spink and a handful
of others were active on the HK scene. This has led to a new demand
for the finest collectables.
"China - and HK in particular - through its demanding and
sophisticated collectors, is making an enormous impact on the
cultural landscape of the auction business and it is essential that
we capitalise further on this through the history, tradition and
expertise of Spink. The future of the Penny Black and medieval gold
noble is in HK and the mainland - that is why I am delighted to be
back here, with my family, to be part of these fundamental
"Collectables, as first-hand witnesses of history, are growing
every day in popularity and have become, dare I say, an asset class
of their own."