John Pye Luxury Assets celebrates first year in Bond Street John Pye Luxury Assets has marked a year of trading at its showroom in Old Bond Street by welcoming over 80 guests to a festive celebration that took place last week (7 December).
News-Antique.com - Dec 14,2016 - John Pye Luxury Assets celebrates first year in Bond Street
John Pye Luxury Assets has marked a year of trading at its showroom in Old Bond Street by welcoming over 80 guests to a festive celebration that took place last week (7 December).
Attended by the firm’s loyal clients and friends, the event celebrated a successful first year in the heart of Mayfair, and saw guests enjoy festive hospitality while perusing a display of fine jewellery, watches and silverware, collectively worth over £2.5m.
John Pye Luxury Assets is a division of Nottingham-based John Pye Auctions and offers a wide range of high-end items including fine jewellery and luxury watches that are sold through weekly online auctions. All items can be viewed prior to purchase at the showroom at Standbrook House, 5 Old Bond Street.
Speaking at the event, managing director Adam Pye, said: “We enjoyed a great event this evening and it is wonderful that so many of our clients have joined us.
“We wanted to host the event as a thank you to our clients and our dedicated staff and to acknowledge a busy first 12 months. Mayfair and in particular Old Bond Street is the perfect location for us and we are proud to be within one of London’s most exclusive addresses.
“We continue to see a great demand for our Luxury Assets services and the division has grown beyond our expectations. I look forward to many more successful years of trading in Mayfair.”
John Pye Luxury Assets was established following demand from John Pye Auctions’ existing clients and originally started selling fine jewellery. This quickly expanded and the auctioneer broadened its portfolio into other areas of the luxury market and private collections.
Over the last year, Luxury Assets has sold an eclectic range of items including a diamond encrusted iPhone cover and several former Formula One cars.
As well as a showroom, its premises on Old Bond Street conducts valuations, appraisals and provides property services to both corporate and private clients in London and the south-east.
John Pye Auctions is the UK’s largest independent commercial auction house and holds more than 650 online auctions a year, the business works with major UK high-street retailers, insolvency practitioners, banks, lenders, government agencies and agents.
With its origins dating back 40 years, the auctioneer has 20 sites across the UK including; London, Birmingham, Nottingham, Derby, Marchington, Sheffield, Scotland and Wales.
The auctioneer was recently crowned Asset Valuer/Auctioneer of the Year at the 2016 TRI (Turnaround, Restructuring & Insolvency) Awards in London and Midlands Family Business of the Year 2016.