Auction Houses: It's Not *All* Money Laundering
Ridiculous History
iHeartPodcasts
4.3 • 4.4K Ratings
🗓️ 14 May 2024
⏱️ 62 minutes
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Summary
We've all heard of auction houses. Nowadays, these are often best-known as specialized institutions catering to international institutions and a small percentage of the obscenely wealthy -- but how did they get started? In today's episode, Ben, Noel and Max dive into the ridiculous (and at times disturbing) history of auction houses.
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Transcript
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| 0:00.0 | Ridiculous history is a production of I Heart Radio. The Welcome back to the show Ridiculous Historians. Thank you as always so much for |
| 0:30.5 | tuning in going once going twice sold that's our super producer mr |
| 0:34.5 | max williams hey i've been a baa |
| 0:37.0 | i'm sorry |
| 0:41.0 | boy man those felt those, those auctioneers, they've got, they've got the gift of gab. |
| 0:46.8 | You know, I'm a hip-hop guy, so I study the auctioneer. |
| 0:50.7 | There's a cadet to it. |
| 0:51.7 | Yeah, dude. We are also, we are Ben Poland and Mr. Noel Brown and in an earlier episode |
| 0:58.9 | previously on ridiculous history we decided on the fly to engage in our long-going fascination |
| 1:07.9 | about a thing called auction houses. |
| 1:12.1 | Do we all know what an auction house is right? |
| 1:15.0 | Yeah I mean you know like Sada bees and Christie's and I guess there's more niche ones but |
| 1:20.6 | those are the ones that have I guess the longest sort of history. ones but I got to ask you guys |
| 1:23.0 | the longest sort of history but I got to ask you guys before we jump more into the |
| 1:27.4 | the top of have either of y'all ever been to an auction yes I honestly not. Okay well the Max you're out of this one. |
| 1:35.1 | Ben what kind of auction did you go to? I've been to several I've been to some art |
| 1:40.3 | auctions or what you would also |
| 1:43.2 | antiquity auctions you'd call it and car auctions. |
| 1:48.4 | There are a lot of there are a lot of car auctions around every year, even every month, and some are bigger than others, but they're a great way to get a deal, however, especially in those auctions. No, caveat in tour, the buyer must beware. |
| 2:05.8 | Well, yes, as is, y'all. |
| 2:08.1 | And also you never know whose car you're buying exactly. |
| 2:12.2 | The providence of the item might be a little obscured but maybe it's I'm also thinking of like |
... |
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