AuctionsMar 03, 2022
Michael Caine’s Rolex Sells for $133K at AuctionAuctionsMar 23, 2022
Auction House Bonhams Announces Second Acquisition in a Week
The company recently scooped up Boston-based Skinner and Bruun Rasmussen Auctioneers, a Danish auction house.
Skinner headquarters in Boston, left, and an auction in progress at Bruun Rasmussen in Copenhagen, Denmark. Bonhams recently acquired both companies for undisclosed amounts, marking the second and third auction houses it’s bought this year.
London—Bonhams has announced two acquisitions this month, bringing its year-to-date total to three following January’s purchase of Bukowskis in Stockholm, Sweden.
On March 16, the London-based private equity-owned auction house announced the acquisition of American auction house Skinner, which is based in Boston, has a saleroom in Marlborough, Massachusetts and conducts online sales.
Financial terms of the deal were not disclosed.
Robert W. Skinner Jr. opened Skinner in 1962. His first employee, Stephen Fletcher, is now executive vice president and chief auctioneer, and owns the company alongside CEO Karen Keane.
Skinner holds about 80 sales a year across 20 categories, including jewelry and gemstones.
Notable sales include a Qing Dynasty vase that set a record when it sold for $24.7 million in 2014, the $5.5 million sale of the painting “Manchester Harbor” by Fitz Henry Lane, and what is believed to the oldest known bottle of whisky (c. 1860s), which sold for $137,500 in June 2021.
Bonhams said Fletcher, Keane and the entire Skinner staff will be joining Bonhams, and the auction house will operate as Bonhams Skinner.
Bonhams, which already has salesrooms in New York and Los Angeles, said buying Skinner will give it greater access to the North American market.
“Skinner is such an iconic presence in New England, and much-loved and celebrated for the rich treasures it offers,” Bonhams CEO Bruno Vinciguerra said.
“It also has a well-established digital footprint throughout North America that complements Bonhams’ presence, which will allow both companies to reach more consignors and buyers.”
Related stories will be right here …
On March 16, the London-based private equity-owned auction house announced the acquisition of American auction house Skinner, which is based in Boston, has a saleroom in Marlborough, Massachusetts and conducts online sales.
Financial terms of the deal were not disclosed.
Robert W. Skinner Jr. opened Skinner in 1962. His first employee, Stephen Fletcher, is now executive vice president and chief auctioneer, and owns the company alongside CEO Karen Keane.
Skinner holds about 80 sales a year across 20 categories, including jewelry and gemstones.
Notable sales include a Qing Dynasty vase that set a record when it sold for $24.7 million in 2014, the $5.5 million sale of the painting “Manchester Harbor” by Fitz Henry Lane, and what is believed to the oldest known bottle of whisky (c. 1860s), which sold for $137,500 in June 2021.
Bonhams said Fletcher, Keane and the entire Skinner staff will be joining Bonhams, and the auction house will operate as Bonhams Skinner.
Bonhams, which already has salesrooms in New York and Los Angeles, said buying Skinner will give it greater access to the North American market.
“Skinner is such an iconic presence in New England, and much-loved and celebrated for the rich treasures it offers,” Bonhams CEO Bruno Vinciguerra said.
“It also has a well-established digital footprint throughout North America that complements Bonhams’ presence, which will allow both companies to reach more consignors and buyers.”
Bonhams followed the Skinner news with Tuesday’s announcement that it has purchased Bruun Rasmussen, the leading auction house in Denmark.
Financial terms of that deal were not disclosed either.
Bruun Rasmussen is headquartered in Copenhagen’s Nordhavn district, selling live via its salesrooms in the city center as well as online. The company is also the subject of a documentary series that has aired on Danish TV since 2013, “Auktionshuset.”
It sells more than 75,000 lots each year across a wide variety of categories, including jewelry as well as watches and clocks.
Established in 1948 by Arne Bruun Rasmussen, the auction house is currently chaired by the founder’s son, Jesper Bruun Rasmussen, who has headed the company since 1985.
Following the acquisition, Jesper will stay on as chairman emeritus, and Jakob Dupont will remain CEO.
In addition, Bonhams will retain the entire Bruun Rasmussen staff and the auction house will be known as Bruun Rasmussen—part of the Bonhams Network.
“This is Bonhams’ third recent acquisition and its fourth under the ownership of Epiris,” said Owen Wilson, a partner at Epiris.
“Bruun Rasmussen is a highly complementary addition to the Bonhams family, building on its presence in the important Nordic market and offering plentiful opportunities to develop synergies between the two auction houses’ networks and brands.”
Epiris is the private equity firm that purchased Bonhams, which was founded in London in 1793, in 2018.
Since then, the company has been sinking money into expanding Bonhams’ digital capabilities, marketing, new hires and acquisitions.
In addition to Bukowskis, Skinner and Bruun Rasmussen, Bonhams bought The Market in April 2021, an online platform for classic cars and motorcycles.
More on Auctions
The Latest
Supplier BulletinJul 03, 2025
Protect Your Customers and Your BusinessSponsored by the Gemological Institute of America
MajorsJul 03, 2025
Brilliant Earth Names Tennis Star Madison Keys as Its New AmbassadorThe 2025 Australian Open champion is the jewelry brand’s first athlete ambassador.
MajorsJul 03, 2025
Muse Sets Up Shop in Nordstrom’s New Jewelry HallThe West Village jewelry boutique’s new shop-in-shop is the cornerstone of Nordstrom’s revamped jewelry hall.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
SourcingJul 03, 2025
SRK Announces Its Natural Diamonds Are Now Carbon-NegativeThis past year, the manufacturer said it recorded below-zero emissions per carat of natural diamond.
Weekly QuizJul 02, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsJul 03, 2025
Piece of the Week: A Firework of Diamonds From YepremThe brand’s “Golden Strada” statement necklace features round, marquise, and pear diamonds that sparkle like Fourth of July fireworks.
CrimeJul 03, 2025
JSA Shares Holiday Weekend Security Tips Amid Spike in BurglariesJSA’s Scott Guginsky provided a list of nine security measures jewelers should observe while locking up for the long weekend.
Brought to you by
Jewelers of America is Headed to Las Vegas for JCK 2025The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.
MajorsJul 02, 2025
Boucheron Looks to LA for First West Coast FlagshipLocated on Rodeo Drive, the store’s design was inspired by Hollywood and Los Angeles culture.
MajorsJul 02, 2025
Marco Bicego Opens Milan FlagshipThe new location continues the brand’s celebration of its 25th anniversary.
WatchesJul 02, 2025
Chrono24 Revamps Brand, Launches New CampaignThe online watch marketplace’s “Time Is Our Thing” campaign highlights the importance of time.
SourcingJul 02, 2025
Bernadette Mack Joins Gem Legacy as Executive DirectorShe will oversee strategic planning, fundraising, industry partnerships, and the launch of the Gem Legacy Campus in Tanzania.
CrimeJul 02, 2025
Pandora, Amazon Partner to Uncover Counterfeit Jewelry NetworkWorking with Amazon’s Counterfeit Crimes Unit and law enforcement, Pandora helped to shut down a large-scale counterfeit network in China.
MajorsJul 01, 2025
Cast Closes Business, Plans for RelaunchThe jewelry company has closed its three California brick-and-mortar stores, as well as its online shop, for now.
Events & AwardsJul 01, 2025
William Goldberg Diamonds, FIT Partner for Apprenticeship ProgramThe company is providing the opportunity for an FIT student to work alongside master diamond cutter Willie Lopez in its workshop.
IndependentsJul 01, 2025
Elie Hannoush, Founder of Hannoush Jewelers, Dies at 73He is remembered for his successful entrepreneurship, generosity, and dedication to his family.
MajorsJul 01, 2025
Claire’s Is Looking for a Buyer, Report SaysThe jewelry store chain has reportedly been struggling with costs related to tariffs as well as tough retail competition.
TrendsJul 01, 2025
Amanda’s Style File: Red Hot RubiesWelcome warm summer days with red hot rubies perfectly chosen as July’s birthstone.
CollectionsJun 30, 2025
State Property’s New Jewelry Tells ‘The Story of Everything’Co-founders Afzal Imram and Lin Ruiyin brought their son’s story of a cosmic egg, toadstool, and railroad to life in their new collection.
ColumnistsJun 30, 2025
The Smart Lab: Why Q3 Is the Secret Weapon For Holiday Jewelry SalesThe best time to prepare for the holiday season is right now, according to columnist Emmanuel Raheb.
Events & AwardsJun 30, 2025
AGA Names Recipient of 2025 Gemological Education ScholarshipThis year’s winner is Morgan Keefe, who is currently studying at GIA to be a gemologist.
IndependentsJun 30, 2025
Melanie Grant’s New Book Explores 200 Years of Jewelry“The Jewelry Book” comes out this September.
TechnologyJun 27, 2025
Gemist Raises $6M in Funding to Scale Jewelry Tech PlatformThe company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.
IndependentsJun 27, 2025
David Webb Announces New Hires, PromotionsFollowing its recent acquisition, the storied brand has updated its leadership team and regional managers.
Events & AwardsJun 27, 2025
AGS, GIA Announce Beatrice Shipley Scholarship Winner AGS also named the recipient of its “Women in Leadership” scholarship.
CollectionsJun 27, 2025
Piece of the Week: Buddha Mama’s ‘Monstera’ Wrap RingThe 20-karat yellow gold and diamond wrap ring is modeled after the Monstera plants in the garden of the brand’s Miami villa.
MajorsJun 26, 2025
Why Rocksbox Is Opening Stores As Signet Jewelers DownsizesRocksbox President Allison Vigil shared the retailer’s expansion plans, and her thoughts on opening stores in malls.
