Welcome to Zachys’ 2024 Year in Review! It’s been a year of great strides as Zachys has made potent improvements while continuing to offer monumental collections for your bidding pleasure.
For starters, you may notice that this review looks a little different from years past; Zachys has an entirely new branding! We’ve undergone a refresh to unify the different branches of the company and modernize our image. In tandem, we’ve also implemented a new, more reliable bidding platform complete with some long-awaited features for bidders to make sure we capture as much demand as possible and provide more opportunities to bid.
Beyond the upgrades, Zachys has had the privilege of offering some incredible collections this year. Named consignments abound between New York and Hong Kong like The Private Cellar of Restaurant Left Bank, The Enchanting Collection, and of course, LEGENDS: The Private Cellar of A.A.G., Six Decades of Collecting, just to name a few. Such sales have yet again shown Zachys’ unparallelled prowess at marketing these single-owner collections, such that they defy market expectations and reap the full benefit of their contents.
All told, these “single owner sales” only account for a portion of our sales, and our online platform has shown again and again that no matter the size of your collection, we are adept at selling it for you. We sold tens of thousands of lots online this year to thousands of bidders.
All told, Zachys achieved over $63 million across 51 total auctions (more like $100m with our retail compatriots) in 2024 with over 2,100 unique buyers from over 30 countries...and it’s only getting better from there as we transition into 2025!
Lastly, Eileen Rizzo, formerly our CIO for roughly 3 years, is now Acting CEO (pending state liquor authority approval) and excited about this new chapter for Zachys. Jeff remains President and Chairman of the Board with renewed focus on finding the world’s best collections to offer.
We’re excited to share this review with you and look forward to working with you all in the new year.