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Lyon And Turnbull
Lyon & Turnbull is a privately owned international auction house based in Scotland. It is Scotland's oldest auction house founded in 1826. It is the largest independent auction house in the United Kingdom outside of London and one of the fastest growing auction houses in the UK. The firm has its salerooms in Edinburgh, offices in London and Glasgow. History In 1999 Lyon & Turnbull was acquired by a group of auctioneers who had left Phillips, an auction house that was the third largest in the world during the 1990s. They were joined in the enterprise by Sir Angus Grossart, Chairman of Noble Grossart, a Scottish merchant bank, and a past chairman of the trustees of the National Galleries of Scotland. The company's stated aim was: "To rescue a national institution for Scotland and to establish a high quality auction house with an international footprint from a base in Edinburgh." The firm has a transatlantic alliance with the United States' oldest auction house, Freeman's of ...
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Auction House
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission tr ...
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Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many List of islands of the United Kingdom, smaller islands within the British Isles. Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between ...
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Edinburgh
Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of the Firth of Forth. Edinburgh is Scotland's List of towns and cities in Scotland by population, second-most populous city, after Glasgow, and the List of cities in the United Kingdom, seventh-most populous city in the United Kingdom. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament and the Courts of Scotland, highest courts in Scotland. The city's Holyrood Palace, Palace of Holyroodhouse is the official residence of the Monarchy of the United Kingdom, British monarchy in Scotland. The city has long been a centre of education, particularly in the fields of medicine, Scots law, Scottish law, literature, philosophy, the sc ...
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Phillips De Pury & Company
Phillips, formerly known as Phillips the Auctioneers (briefly as Phillips de Pury), is a British auction house. It was founded in London in 1796, and has head offices in London and in New York City. It was owned by the Mercury Group, a Russian luxury goods company. History Phillips was founded in 1796 by Harry Phillips, who had been a clerk to James Christie. The business held twelve auctions in its first year and soon became successful. Napoleon and Beau Brummel were among the early patrons. Harry Phillips died in 1840, and the business passed to his son William Augustus, who renamed it Phillips & Son; when his son-in-law Frederick Neale joined in 1882, the company became Phillips, Son & Neale. It was renamed Phillips in the 1970s; it was usually referred to as Phillips, the Auctioneers. In 1999 a majority stake in the company was sold to venture capitalists 3i, who resold it shortly after for a considerable profit. The company was bought in 1999 by Bernard Arnault of ...
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Sir Angus Grossart
Sir Angus McFarlane McLeod Grossart (6 April 1937 – 13 May 2022) was a Scottish businessman who was the founder, chairman and executive director of Edinburgh-based merchant bank Noble Grossart. Personal life Grossart was born on 6 April 1937 in Carluke, Lanarkshire, one of three sons to Mary and William Grossart. He was schooled at The Glasgow Academy. He proudly recalled honing his business skills at a Barrowlands stall selling reject toffee. As a young man, he displayed a talent for golf and was runner-up in the 1957 British youth championships. He studied law at the University of Glasgow and studied for the Scottish Bar in Edinburgh under James MacKay. He then worked in corporate tax law before cofounding the merchant bank Noble Grossart in 1969. In 1977, he purchased Pitcullo Castle, a 16th-century house that he restored over many years. In 1978, he married Gay Thomson with whom he had a daughter. He was appointed CBE in 1990 and was knighted in 1997. He died at his ...
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National Galleries Of Scotland
National Galleries of Scotland ( gd, Gailearaidhean Nàiseanta na h-Alba) is the executive non-departmental public body that controls the three national galleries of Scotland and two partner galleries, forming one of the National Collections of Scotland. The purpose of the National Galleries of Scotland (NGS) was set out by an Act of Parliament in the National Galleries of Scotland Act 1906, amended by the National Heritage (Scotland) Act 1985. Its role is to manage the National Galleries of Scotland, care for, preserve and add to the objects in its collections, exhibit artworks to the public and to promote education and public enjoyment and understanding of the Fine Arts. It is governed by a Board of Trustees who are appointed by ministers of the Scottish Government. History The National Gallery of Scotland (now called the Scottish National Gallery) was opened to the public in 1859. Located on The Mound in the centre of Scotland's capital city, Edinburgh, the building was or ...
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Freeman's Auctioneers & Appraisers
Freeman's, formerly known as Samuel T. Freeman & Co., is an auction house in Philadelphia, Pennsylvania, United States. It was founded in 1805 by Tristram B. Freeman, a print seller who came to America from London. History After an order from Pennsylvania Governor Thomas McKean, Freeman was appointed to the office of auctioneer in Philadelphia, where he subsequently began the company. Over the years Freeman's has grown both nationally, opening regional offices throughout the US, and internationally, expanding into the European market after forming an alliance with Lyon & Turnbull in 2000. Located at 2400 Market Street, Freeman's offers over 25 in-house auctions a year in sale categories including: American Furniture, Folk & Decorative Arts, English & Continental Furniture & Decorative Arts, Asian Arts, American Art & Pennsylvania Impressionists, European Art & Old Masters, Modern and Contemporary Art, Books, Maps & Manuscripts, 20th Century Design, Jewelry & Watches, and Sil ...
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Drambuie
Drambuie is a golden-coloured, 40% ABV liqueur made from Scotch whisky, heather honey, herbs and spices. The brand was owned by the MacKinnon family for 100 years, and was bought by William Grant & Sons in 2014. Etymology The name "Drambuie" possibly derives from the Scottish Gaelic phrase ''an dram buidheach'', "the drink that satisfies", a claim made by the original manufacturers of the drink. History Legend After the Battle of Culloden in 1746, Prince Charles Edward Stuart fled to the isle of Skye. There he was given sanctuary by Captain John MacKinnon of Clan MacKinnon. According to family legend, after staying with the captain, the prince rewarded him with this prized drink recipe. This version of events is disputed by historians who believe it to be a story concocted to boost sales of the drink. The legend holds that the recipe, which at that time had no known name, was given by Clan MacKinnon to John Ross in the late 19th century. James Ross, his son and a local bu ...
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Broughton, Edinburgh
Broughton () is an ancient feudal barony, today within the City of Edinburgh, Scotland. Ancient barony The feudal barony of Broughton in the 16th and 17th centuries was in the hands of the Bellenden family, who had made their money in the legal profession. Sir John Bellenden of Broughton, Knt., (d. 1 October 1576) who was present at the Coronation of King James VI in 1567, possessed the barony of Broughton, with the additional superiorities of the Canongate and North Leith, having therein nearly two thousand vassals, according to Sir John Scott of Scotstarvit, writing in 1754. Broughton passed to his son, Sir Lewis Bellenden, Knt., (d. 27 August 1591) Lord Justice-Clerk and a Lord of Session, who is cited as one of the Ruthven Raiders and ultimately to William Bellenden, 1st Lord Bellenden of Broughton (d. 6 September 1671). The area was once known for its witchcraft. Development Scattered houses on the farmlands which originally made up Broughton eventually gave way to ...
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Archibald Elliot
Archibald Elliot (August 1761 – 16 June 1823) was a Scottish architect based in Edinburgh. He had a very distinctive style, typified by square plans, concealed roofs, crenellated walls and square corner towers. All may be said to derive from the earlier local example of Melville Castle by James Playfair. Many of his works have been demolished. Life He was born in Ancrum, Roxburghshire the son of a carrier. After training as a joiner he moved to cabinet design, working then in London, and appears to have then trained as an architect before returning to Scotland to work in Edinburgh. Archibald Elliot ran an architecture practice in London and Edinburgh with his brother James Elliot. Following James's death in 1810, Archibald ran the company on his own. It was later taken over by Archibald's son, Archibald Elliot Junior. He contributed to many significant buildings and streets in Edinburgh, including St Paul's and St George's Church, Rutland Square, the Regent Bridge, Wat ...
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Companies Based In Edinburgh
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artifi ...
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