The Russell Exchange

Last updated
The Russell Exchange
The Russell Exchange
General information
Location Kolkata, West Bengal
Address12 C, Russel St, Park Street
Country India
Coordinates 22°33′09″N88°21′03″E / 22.552365°N 88.350929°E / 22.552365; 88.350929
Completed1940

The Russell Exchange is an auction house in Kolkata, India. Founded in 1940, the auction house is one of the oldest in Asia.

Contents

History

The Russell Exchange, believed to be Asia’s oldest auction house [1] and the last in Kolkata, dates back to the 1940 [2] when the current owners’ great-grandfather acquired it from the original owner Mr. Russell. Siblings Anwar Salim, Arshad Salim, and Sarfaraz Begum Shamsi are the current owners of the auction house. [3] Salim and Arshad's father, Abdul Majid, along with his partner, Amrit Lalji, inherited and managed the business until Lalji retired 20 years ago. Salim then acquired Lalji’s share, and the ownership now rests with the siblings. [4]

Location

The auction house is located on Russell Street in Kolkata, India. [5] Located on the ground floor, Russell Exchange hosts weekly Sunday auctions. In addition, it offers vintage furniture for direct sale to customers and rents items as props for film and television productions. [6]

In media

References

  1. ↑ Owles, Edward (2012-06-28). "India's oldest auction house fights for survival". BBC News. Retrieved 2025-01-16.
  2. ↑ Santra, Anwesha (2023-04-10). "Russell Exchange - last player remaining in the game". The Statesman. Retrieved 2025-01-16.
  3. ↑ Bag, Shamik (2015-03-21). "Russell Exchange auction house: Everything is saleable". Mint . Retrieved 2025-01-16.
  4. ↑ Roy, Saurav (2024-05-03). "Going once, going twice, still going strong: Kolkata's Russell Exchange auction house". The Telegraph (India) . Retrieved 2025-01-16.
  5. ↑ Sengupta, Anuradha (2022-11-02). "Visit The Russell Exchange Auction House For Rare Finds". Outlook India. Retrieved 2025-01-16.
  6. ↑ Chatterjee, Sreya; Hajra, Siddhartha. "The crumbling mansions of India's 'City of Joy'". www.bbc.com. Retrieved 2025-01-16.
  7. ↑ "The Auction House: A tale of two brothers". Al Jazeera. Retrieved 2025-01-16.
  8. ↑ "'The Auction House: A Tale of Two Brothers': Cairo Review". The Hollywood Reporter. 2014-12-02. Retrieved 2025-01-16.
  9. ↑ Ramnath, Nandini (2016-02-14). "In documentary 'The Auction House', brothers make rival bids for the business". Scroll.in. Retrieved 2025-01-16.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.