St. Louis Auction House Employees Jump Ship

Seven employees of Ivey-Selkirk Auctioneers, half of the company’s staff, abruptly resigned last week with plans to form their own auction business. Longtime appraiser Susan Kime said they decided to leave because the company wasn’t paying employees on time.

Ivey-Selkirk, an 184-year-old St. Louis auction house specializing in high-end art, furniture and collectibles, has faced a barrage of complaints in the past few years. The company has an “F” rating from the Better Business Bureau, which has logged dozens of complaints in the past three years. Malcolm Ivey, who bought the business in 2002, has been named in five lawsuits.

Kime said the group of former employees will launch Link Auction Galleries this spring, naming their company after the architect Theodore Link, who designed Union Station as well as a church that the new company is under contract to buy. So far, they’ve raised $500,000 from private investors to start the business.

Read more from the St. Louis Business Journal

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