Auctions

Auction House Bonhams Announces Second Acquisition in a Week

AuctionsMar 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.

20220323_Bonhams acquisitions.jpg
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 … 

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.

The Latest

Rough montana sapphire
EditorsSep 12, 2025
Out & About: Mining Sapphires in Rock Creek, Montana

Associate Editor Lauren McLemore headed out West for a visit to Potentate Mining’s operation hosted by gemstone wholesaler Parlé Gems.

Arunashi Fordite and Rhodolite Earrings
TrendsSep 12, 2025
Piece of the Week: Arunashi’s Fordite and Rhodolite Earrings

Fordite is a man-made material created from the layers of dried enamel paint that dripped onto the floors of automotive factories.

Susan Jacques and Al Gilbertson
Events & AwardsSep 12, 2025
Al Gilbertson Wins 2025 Robert M. Shipley Award

Gilbertson has worked as a researcher, jeweler, lapidary artist, appraiser, and business owner throughout his decades in the industry.

reDollar-fine-jewelry-department.jpg
Brought to you by
reDollar.com Is Rolling Out the Next Level Jewelry, Diamond & Watch Consignment Program

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

Supreme Court stock image
Policies & IssuesSep 11, 2025
Supreme Court to Hear Tariffs Case in November

A decision likely won’t come until January 2026 at the earliest, and the tariffs remain in effect until then.

Weekly QuizSep 12, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Tabayer’s Nordstrom Shop-in-Shop
MajorsSep 11, 2025
Tabayer Opens Nordstrom Shop-In-Shop

Located in the revamped jewelry hall at the retailer’s New York City flagship, this opening is Tabayer’s first shop-in-shop.

De Beers education app on mobile phone
SourcingSep 11, 2025
Need to Sell More Natural Diamonds? De Beers Has an App for That

The new, free app offers accessible educational content, like games and podcasts, for U.S. retailers.

japac-btyb.png
Brought to you by
Rallying Call for the Jewelry Industry on Tariffs and Other Key Issues

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

Gold jewelry on a scale
MajorsSep 10, 2025
Stuller to Swap Gold Scrap for Full Credit to Account

As the gold price rises, the manufacturer is offering a 100 percent payout through Sept. 30 for gold clean scrap.

Jacob and Co Loewe headphones
SourcingSep 10, 2025
Tech Meets Style in the New Loewe x Jacob & Co. Headphones

Jacob & Co. partnered with the German technology company on two pairs of headphones, one set with diamonds and the other with sapphires.

Tiffany & Co Favrile Beetle Necklace in Frankenstein
TrendsSep 10, 2025
Tiffany & Co. Archival Jewels Bring Life to ‘Frankenstein’

Guillermo del Toro’s 2025 “Frankenstein” will feature 27 jewels and objects from the storied brand, including pieces from its archives.

24 Karat Club banquet
MajorsSep 10, 2025
24 Karat Club of New York’s Banquet to Return to Waldorf Astoria

The Waldorf Astoria New York’s grand reopening this past summer means a homecoming for the industry group’s annual event.

Anglo American’s Quellaveco copper mine in Peru
SourcingSep 09, 2025
Anglo American to Merge With Canadian Copper Miner

Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.

Anastacia Lauren, Elle Jerge, Logan Nye
MajorsSep 09, 2025
MJSA Education Foundation Announces 2025 Scholarship Winners

The nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.

Korman jewelry store Austin
IndependentsSep 08, 2025
Take a Look Inside the New Korman Store in Austin

The Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.

Logos for Manufacturing Jewelers & Suppliers of America and Jewelers of America
MajorsSep 08, 2025
MJSA Is Officially Now Under JA’s Umbrella

The two organizations have finalized and signed the affiliation agreement announced in May.

Sothebys JAR and Suzanne Belperron jewels
AuctionsSep 08, 2025
Sotheby’s To Auction ‘Exceptional’ Collection of JAR, Suzanne Belperron Jewels

The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

A street in Carlsbad California
Events & AwardsSep 08, 2025
27 Can’t-Miss Converge Sessions, Events

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

National Jeweler columnist Peter Smith
ColumnistsSep 05, 2025
Peter Smith: A Lasting Lesson From Maurice Tempelsman

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

Jamie Turner Victoria Labradorite Necklace
CollectionsSep 05, 2025
Piece of the Week: Jamie Turner’s ‘Victoria’ Necklace

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Stock image of the U.S. Supreme Court
Policies & IssuesSep 05, 2025
Trump Takes Tariffs Case to the Supreme Court

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

Patrick Mahomes Hublot campaign
WatchesSep 05, 2025
Patrick Mahomes Is the New Hublot Brand Ambassador

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

gia-edu main image.png
Supplier BulletinSep 04, 2025
A Brilliant Future Is Here

Sponsored by GIA

Lucara pink diamond
SourcingSep 04, 2025
Lucara Unveils Unusual 37-Carat Pink Diamond

The Type IIa stone, recovered from Botswana’s Karowe diamond mine last month, features unique coloration.

Shot from Breitling new NFL campaign
WatchesSep 04, 2025
Breitling Takes Its NFL Game to the Next Level

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYC Jewelry, Antique, & Object Show Autumn 2025
Events & AwardsSep 04, 2025
The NYC Jewelry, Antique, & Object Show Returns in November

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

Fabergé x Gemfields Malaika Egg
SourcingSep 03, 2025
Gemfields Confirms Completion of Fabergé Sale

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy