The sales will come to a close at the end of September, when the Island will also bid farewell to the Langlois half of the partnership.
hen, coinciding with the retirement of John Langlois after 42 years with the company which his father founded in 1939, Bonhams will take on the whole business.
lthough the weekly auctions are ending, Bonhams will still run the office in Don Street, where Mr Langlois will act as a consultant.
The popular annual Channel Islands sale will continue and other auctions will still be held on an ad hoc basis.
Specialist auctions, such as the contents of a house or a single-owner collection, will still be held in Don Street as and when the need arises,’ said Bonhams director Graham Lay.
‘In such cases, we are delighted to have John’s continuing assistance and expertise, and when Su Gay, the managing director of Bonhams & Langlois, gets back to full recovery, she will also be helping with the production of these sales.
Bonhams & Langlois director and auctioneer David Langlois said that although the weekly auctions had been tremendously popular over the years, the market had now changed.
‘The nature of Bonham’s business has evolved into the higher value end, so we have made a strategic decision to concentrate on our property interests,’ he said.
‘Also, when it comes to the weekly auctions, people’s attitudes have changed and retail goods are now much more readily available elsewhere.
It is of course sad that the Langlois side of the business is winding down, but we have carefully planned the takeover as a natural succession.
Although now focusing on other areas of our business, we certainly plan to stay involved in auctions in Jersey.
The last auction under the Bonhams & Langlois banner will take place on Wednesday 17 September.
The sale of selected antiques and works of art will take place in the Westaway Rooms in Don Street.
After rapid growth over the last two years, Bonhams is now the third-largest auctioneer of fine art and antiques in the world,’ said Mr Lay.
‘The St Helier office will now serve as a conduit to that international market, and suitable items will be included in Bonhams sales in the UK or in specialist sales in London, Geneva or San Francisco.