Thursday, March 8, 2012

Stack's Bowers New State of the Art Locations

By Brian Kendrella, Director of Operations of U.S. Collectibles

We have had our hard hats on at Stack’s Bowers Galleries across the globe.  At the end of November, our parent company, Spectrum Group International, finished construction on our new state-of-the-art, 54,000 square foot global headquarters located in Irvine, California, and the Stack’s Bowers Galleries team, along with our corporate officers as well as sister-companies Spectrum Numismatics, Teletrade, Spectrum Wine Auctions, and H.R. Harmer Stamp Auctions, moved in.  Our modern new facility allows us to better serve our customers and comes equipped with a secured, temperature controlled wine storage facility, retail wine store, and space to hold live auctions and lot viewing onsite.

This March, we will begin demolition and our remodel of the iconic Stack’s retail store located at 123 W. 57th Street in midtown Manhattan.  We hope to complete the remodel this summer and are already looking forward to our grand re-opening.  Stayed tuned to this newsletter for progress reports along the way.

Finally, in the coming weeks, we plan to open our new offices in the Central District of Hong Kong.  Our new space is over 3,400 square feet and is located on the 17th floor of the prestigious, 21-story Ruttonjee Centre building located just a short walk from the Landmark Exit of the Central MTR Station and just off the famous Queen’s Road Central.  The move is a significant one and speaks to the success we have had in the Asian auction market, where we have sold over $80 million of collectible coins, banknotes, wine and stamps since November 2009.  The move occurs just in time for our highly anticipated Stack’s Bowers and Ponterio April Hong Kong Auction, taking place April 1-4 at the Mira Hotel, our Spectrum Wine Auctions Spring 2012 Auction, taking place March 23-23 at the Grand Hyatt in Hong Kong, and our John Bull Stamp Auction’s Spring 2012 Auction taking place at the beginning of May at The Excelsior Hotel in Hong Kong.

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