The 7 Best Auction Houses in New York

When it comes to the art of buying and selling rare and valuable items, few places can rival the vibrant auction scene in New York City. This bustling metropolis is home to some of the most prestigious auction houses in the world, each offering a unique blend of history, expertise, and excitement. Whether you’re a seasoned collector or a curious newcomer, navigating the auction landscape can be both thrilling and daunting. Our guide to the 7 Best Auction Houses in New York is designed to help you explore this fascinating world.

In this guide, we’ll delve into the services offered by these esteemed institutions and the key aspects to consider when participating in an auction:

Appraisals: Professional evaluations of items to determine their market value.
Bidding: Understanding the process, from absentee bids to live participation.
Cataloging: Detailed descriptions and histories of items up for auction.
Consignment: Opportunities to sell your items through trusted auction houses.
Previews: Viewing sessions to inspect items before the auction day.
Private Sales: Discreet transactions outside the traditional auction format.
Restoration Services: Expert care to preserve or enhance valuable items.
Market Trends: Insights into current demands and pricing in various categories.

With prices reaching into the millions of dollars for some pieces, understanding these elements will enhance your experience and ensure you’re well-prepared for the exhilarating world of auctions in New York City.

1. Christie's New York
2. Worthy
3. Sotheby's

4. Proxibid
5. Phillips
6. Showplace
7. Heritage Auctions

Number of companies

1773

Verified reviews

4,27

Average rating

(212)6362000

1. Christie's New York

★ ★ ★ ★ ★ 4,6/5

20 Rockefeller Plaza, 10020.0, New York

Auction house
Art gallery

Why we chose them

Christie’s New York, founded in 1766, is a distinguished leader in the art and luxury sectors, renowned for its expert live and online auctions. The company offers a comprehensive suite of global services, including art appraisal, art financing, international real estate, and education. With a robust presence across 46 countries, it has established flagship sales hubs in key cities such as New York, London, Hong Kong, Paris, and Geneva. Uniquely, it is the only international auction house authorized to conduct sales in mainland China, specifically Shanghai, further solidifying its global influence.

As a premier auction house and art gallery, the company curates and presents exceptional pieces from acclaimed artists like Warhol, Picasso, and Lichtenstein. It facilitates private sales, allowing clients to buy or sell fine art, decorative objects, jewelry, and watches at their convenience. With engaging exhibitions, previews, and tours, it offers free entry to all, enhancing accessibility to the world of art and luxury. The company also leads in digital innovation with its platform for digital art and NFTs, expanding its reach to new audiences. Its dedication to connecting art lovers globally is evident in its curated auction series that traverse major cities worldwide, bringing masterpieces of the 20th and 21st centuries to the forefront.

(888)2220208

2. Worthy

★ ★ ★ ★ ★ 4,4/5

25 W 45th St 2nd Floor, 10036.0, New York

Auction house

Why we chose them

Worthy is a premier online auction marketplace specializing in pre-owned luxury goods, including diamonds, branded watches, and diamond jewelry. With a commitment to creating a win-win situation for both sellers and buyers, the company connects a professional network of over 1,000 buyers with individuals looking to sell high-value items. Sellers benefit from the company’s unique fee structure, which aligns with their earnings—ensuring that both parties prosper when a successful transaction occurs. Worthy’s service is bolstered by its accreditation from the Better Business Bureau, providing added trust and security to its clients.

The company offers a streamlined process that begins with sellers providing information about their jewelry, followed by secure, fully insured shipping options. Once the items arrive at Worthy’s New York headquarters, expert gemologists prepare them for auction by cleaning, grading, and photographing. This meticulous preparation ensures that pieces are presented in the best possible light to attract competitive bids. Sellers can watch the auction in real-time and receive payment through various methods once the sale is complete. With personal auction managers guiding sellers through the process, Worthy ensures a seamless and satisfying experience for those looking to sell their luxury items.

(212)6067000

3. Sotheby's

★ ★ ★ ★ ★ 4,3/5

1334 York Ave, 10021.0, New York

Auction house

Why we chose them

Sotheby’s New York stands as a premier auction house renowned for curating and presenting an extraordinary array of fine art, jewels, watches, and wines. Highlighting its rich legacy, the company brings to auction some of the most iconic artworks, such as Maurizio Cattelan’s ‘Comedian’, which makes its debut with an estimated value starting at $1 million. This renowned institution is not only about auctions but also hosts selling exhibitions, offering masterpieces of modern and contemporary art from legendary artists like Pablo Picasso and Wassily Kandinsky. With a diverse range of offerings, it caters to collectors and enthusiasts seeking unique and exquisite items.

In addition to art, the auction house features a curated selection of luxury handbags from prestigious brands like Hermès and Chanel, along with high jewelry and rare timepieces. Sotheby’s also offers the chance to explore its exclusive monthly release, The Gem Drop, which includes exceptional gemstones. Their commitment to excellence is further showcased through a reduced buyer’s premium of 20%, making it a more attractive option for buyers. From private sales to luxury items available for immediate purchase, this auction house continues to be a beacon for those seeking the finest in art and luxury collectibles.

(877)5057770

4. Proxibid

★ ★ ★ ★ ★ 3,8/5

10 E 38th St 4th Floor, 10016.0, New York

Auction house
Auto auction
Construction equipment supplier
Construction machine dealer
E
commerce service
Farm equipment supplier
Industrial equipment supplier
Real estate auctioneer

Why we chose them

Proxibid is a versatile online auction platform that connects buyers and sellers across a wide range of industries. Known for its comprehensive auction services, the company offers a diverse array of products including art, antiques, automobiles, construction equipment, farm machinery, and real estate. Whether you’re looking for industrial equipment or collectible coins, Proxibid provides both live and timed auctions to cater to different buyer preferences. Their platform is designed to make online purchasing seamless, ensuring that if you can buy it online, you can buy it on Proxibid.

With a strong focus on connecting various sectors, Proxibid excels as a supplier and dealer for construction and industrial machinery, as well as a real estate auctioneer. They host events featuring everything from commercial trucks to fine jewelry, making them a one-stop shop for auction enthusiasts. The platform showcases major highlights such as vintage cars and rare coins, catering to both casual shoppers and serious collectors. Proxibid’s user-friendly interface and extensive auction categories make it a standout choice for anyone interested in the dynamic world of online auctions.

(212)9401200

5. Phillips

★ ★ ★ ★ ★ 4,6/5

432 Park Ave, 10022.0, New York

Auction house
Art gallery

Why we chose them

PHILLIPS stands out as a distinguished auction house and art gallery, renowned for its expertise in art, design, watches, and jewels. The company offers a diverse range of auctions and exhibitions, such as the highly anticipated Geneva Watch Auction and the Geneva Jewels Auction. Their online and in-person events, including the Modern & Contemporary Art auction in Hong Kong and the Paris selling exhibition, reflect a commitment to showcasing exceptional creativity and craftsmanship. The company also provides a unique platform for collectors and creators through exclusive releases and private sales, offering a personalized approach to collecting.

Alongside its auctions, PHILLIPS excels in providing private services and valuation expertise, catering to private clients, lawyers, and financial advisors. The Trusts, Estates, and Valuations department is dedicated to assisting with various aspects of collection management. Their innovative approach combines market intelligence with strong personal relationships, making them a preferred partner for collection connoisseurs. By inviting consignments for upcoming auctions and offering the convenience of bidding via their mobile app, the company ensures a seamless and engaging experience for art and watch enthusiasts worldwide.

(212)6336063

6. Showplace

★ ★ ★ ★ ★ 4,3/5

40 W 25th St, 10010.0, New York

Auction house
Antique furniture store

Why we chose them

Showplace • Luxury • Art • Design • Vintage stands out as a premier destination for those with a passion for art, design, and vintage collectibles. Located at the vibrant intersection of Manhattan’s Flatiron, NoMad, and Chelsea districts, this expansive emporium offers a diverse range of treasures within its designer showroom and bi-weekly estate auctions. With over two decades of experience, the company has established itself as a go-to resource for antique furniture and luxury items, catering to a discerning clientele that values both style and substance.

Emphasizing sustainability and inclusivity, the company supports a global community of eco-conscious individuals who appreciate high-quality, environmentally responsible living. The company’s auction house and antique furniture store services provide a unique blend of accessibility and exclusivity, attracting clients from around the world. By fostering a connection to art and design, the company contributes to a movement that celebrates sustainable luxury lifestyles.

(212)4863500

7. Heritage Auctions

★ ★ ★ ★ ★ 3,9/5

445 Park Ave, 10022.0, New York

Auction house
Art dealer
Coin dealer
Jewelry buyer

Why we chose them

Heritage Auctions stands out in the auction industry as the largest collectibles auctioneer and the third largest auction house globally. Founded in the U.S., this company has cemented its reputation as a leader in online auctions, boasting over 1.25 million online bidder-members from 195 countries. With expertise in over 50 categories, their New York City office offers a broad spectrum of auctions and appraisals, including fine art, rare coins, sports memorabilia, and luxury items. Their dynamic team of world-class experts ensures a seamless and enriching experience for collectors and sellers alike.

Operating in the heart of Manhattan, the company provides not only auction services but also serves as an art dealer, coin dealer, and jewelry buyer. Visitors to the New York office can explore rotating selections of luxury goods and collectibles available for immediate purchase, making it a vibrant destination for collectors. With a commitment to transparency and trust, the company offers free auction appraisals, expert witness services, and museum and institutional collaborations, solidifying its role as a pivotal player in the global auction market.

FAQs

What services do auction houses in New York typically offer?

Auction houses in New York offer a range of services including appraisals, cataloging, bidding options, consignment opportunities, previews, private sales, restoration services, and market trend insights.

How much does an appraisal cost at a New York auction house?

Appraisal fees at New York auction houses can range from €100 to €500, depending on the complexity and number of items being appraised.

What is the process for consigning items to an auction house?

Consigning items involves submitting your pieces for evaluation, agreeing on a reserve price, and signing a consignment agreement. The auction house then markets the items and conducts the sale.

How can I participate in an auction if I can't attend in person?

You can participate in auctions remotely through absentee bids, phone bidding, or online platforms provided by the auction house.

What should I consider when choosing an auction house in New York?

Consider the auction house's reputation, expertise in the specific category of items you're interested in, the range of services offered, and client reviews.

How long does it typically take for an item to sell at auction?

The timeline can vary, but from consignment to auction, it typically takes 4 to 8 weeks, depending on the auction schedule and preparation needs.

What are the typical fees charged by auction houses for selling items?

Auction houses generally charge a seller's commission, which can range from 10% to 25% of the final sale price, plus additional fees for marketing and photography.

Are there any preview sessions available before the auction day?

Yes, most auction houses offer preview sessions where potential buyers can inspect items before the auction. These are usually held a few days before the auction date.