Scholium Group plc, the AIM listed, Mayfair-based company specialising in rare books and other works on paper, has formed the subsidiary business Scholium Trading, which aims to trade alongside other dealers and auctioneers in the high-value end of the more general rare and collectible goods market, offering support in acquisitions from £100,000 to £1m.
While the company's expertise is primarily in rare books and works on paper, it will trade alongside dealers in paintings, sculptures, arms and armoury, ceramics, furniture and silverware.
"Scholium is flexible in that it is happy to take a half share, or the majority or minority stake in a deal, and offers absolute discretion as well as a quick response to any enquiry," says the company.
It also offers trading partners favourable terms on profit yields.
The firm does not take possession of any sale items, which remain in the hands of the dealer to sell to whom they wish. And its network of collectors and fellow dealers means it can explore more avenues to sales.
"This systematised approach has none of the pitfalls of angel funding, and offers assurance to traders as well as vendors of complete reliability," says the company, adding that it is seeking to trade alongside dealers outside of this 'magic circle' of West End and international traders.