Scott Milleisen’s Post

I'm proud of our team at Sotheby's Financial Services and the innovative products and services we deliver by putting clients at the center of the experience. This article does a great job of highlighting our unique capabilities in financing collectible cars.

Thrilled to have been recognized by Spear's among a group of esteemed leaders in Art Finance.    Special thanks to our dedicated art finance team in the UK, and around the world, who continue to deliver valuable insight, outstanding service, and forward-thinking solutions for our clients. https://lnkd.in/eBXHTsMr

Ron Elimelekh and I recently had an interesting conversation with Brian Boucher, exploring the financialization of the global art market. Following the release of the first Sotheby's Insight Report, we discussed the innovative tools and resources sought out and leveraged by collectors today as they pursue their passion in an increasingly sophisticated market. https://lnkd.in/e9y3rJRq

Be sure to check out our inaugural Sotheby’s Insight Report, which was released today. Amazing to see the continued strength at the top end of the fine art market. While comprising only 4% of lots sold, fine art selling over $1 million accounts for 74% of total sales by value. This important segment acts as a bellwether for the global auction market and has shown tremendous resilience against a backdrop of global tumult. In 2022 alone, the auction segment grew 20.8% to $8.15bn.   Supplementing publicly available auction data with never-before-revealed proprietary information on private sales and bidder demographics, this first edition provides an objective view of the evolving market.   While you explore the report, look out for the Sotheby’s Talk panel on the report, where @Damian Leslie of Sotheby’s Financial Services discusses how clients are partnering with us in navigating the market. sothebys.com/insight

Proud to start 2022 as a senior leader at Sotheby's. 2021 was a record year for the company and for Sotheby's Financial Services, driven by global strength and depth of demand for fine art. Excited to innovate and grow our financing business in the year to come. https://lnkd.in/dCtwjHzf

My lending team at Sotheby’s Financial Services is growing! We have multiple career opportunities across the Americas (NY) and EMEA (London) including senior leadership, associates and analysts. Please check out our careers page here and DM me if you or anyone you know is interested.