MacDougall’s Rise

Telegraph News has put out an interesting article about MacDougall’s auction house. Over the last six years they have become a force in the Russian art market, competing directly with the three major fine arts auction houses, Sotheby’s, Christie’s, and Bonham’s. Here’s an excerpt:

“For more than 200 years Bonhams, Christie’s and Sotheby’s have dominated the auction world, and still rule the roost in fine art. Certainly, there are dozens of small auction houses around the globe that make a living by carving out a niche not lucrative enough to interest the big three.

MacDougall’s, however, is among the few that has gone head-to-head in a highly lucrative category with the market leaders. It has not only profited by the burgeoning Russian art market over the past six years, but it has also revolutionised it.”

Link to full article