| Abstrakt: |
Leonard Joel, a 105-year-old auction house in Melbourne, has opened a new national headquarters and saleroom in Hawthorn, Victoria. The modernist space reflects the changing nature of the auction house, with digital sales accounting for over half of their sales in the previous year. The new location features dedicated online auction rooms and enhanced technologies to provide a streamlined auction experience for clients worldwide. The auction house has also seen a shift in tastes and categories, with a movement away from traditional furniture and a growing demand for contemporary and mid-century design. Additionally, luxury goods and accessories from brands like Louis Vuitton and Hermès have redefined the way the public views auction houses. The wine auction market is also experiencing changes, with a shift towards cooler climate wines like pinot noir and chardonnay. The auction world has become increasingly connected and globalized, and Australian collectors are competing with international buyers. The auction trade is brisk, with thousands of bottles of wine available for auction and wine becoming an alternative investment. While bargains may be harder to find, there are still items that haven't realized their full value yet. [Extracted from the article] |
