Following the implosion of auction house Ivey-Selkirk earlier this year, more than one firm is hoping to plug the void left by the troubled St Louis institution.
Senior staff members at the 184-year-old auction house, which
opened as Ben J. Selkirk and Sons in 1830, left in January to form
a new firm, Link Auction Galleries. The company takes its name from
Theodore Link, the German-American architect who designed the
saleroom building - a 1902 Greek Revival-style building at 5000
Washington Place. Link Auction Galleries hope to hold at least six
internationally advertised auctions a year, the first scheduled for
Meanwhile, in plans accelerated by recent events, long-term
regional competitor Leslie Hindman Auctioneers are to open an
office in Missouri by late summer. The Chicago-based company are
opening a new auction facility at 32 North Brentwood in Clayton,
Missouri to accompany the regional outposts they have opened in
Denver, Detroit, Milwaukee, and both Naples and Palm Beach in
St Louis Expansion
"We have received so many wonderful consignments from the St
Louis area; it only makes sense that it be our next market for
expansion. We have been planning to open in the area for over two
years," Leslie Hindman announced.
She expects to hold three to four auctions in Clayton within the
first year, in addition to sending major works of art and jewellery
to Chicago for sale. "St Louis is a sophisticated market filled
with important collectors, museums and other institutions. They
have long been in need of a reputable, established auction house,"
said the firm's president.
The closure of Ivey-Selkirk in February has left a trail of
unpaid bills and angry consignors demanding payment for their sold
merchandise. As reported, last month, on April 6 Missouri Attorney
General Chris Koster ordered the auction house to suspend all
business pending an investigation into their activities following a
number of complaints.
The order barred the firm from disposing of remaining consigned
material or destroying any documents concerning consignments.
Attorney General Koster also asked the St Louis County Circuit
Court to permanently prohibit Malcolm Ivey from doing business in
Missouri and to order him to pay customers for their merchandise,
in addition to paying court costs.
More than 100 complaints have been received by the Attorney
General's office and the Missouri Better Business Bureau since
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