The Exchange Saleroom first opened its doors in 1964 and was the brainchild of Chris Dee, a senior partner in the old established firm Dee Atkinson & Harrison. Over fifty years on and the Exchange Saleroom is still going strong, holding some twenty-six auctions held every year. In 2016 Andy Spicer, formerly of the international auctioneers, Bonhams, was appointed saleroom manager and the firm began to embrace the digital age. In March 2019 Andy completed the purchase of the Saleroom and rebranded the firm Spicers Auctioneers. New working procedures have been introduced, new IT, back office computer package with dedicated links between the website, online platforms and clients, enabling the firm to reach a truly global market place.
All of the auctions are hosted online, with over 60% of lots offered bought by internet buyers whether they be in Australia or at home in Driffield, with the Collectors auction this can rise to 75%, the internet bidders are also very strong underbidders and this has resulted in a significant lift in the average prices achieved and a drop in the number of unsold lots. In 2016 the average lot value in a Home Furnishing auction was £25, today it is in the region of £120/150 and the selling rate is often over 90%.
The thrice yearly Classic Car & Motorcycle auctions held at Sledmere House has become an institution in the region, with interesting entries coming from Lincolnshire, Yorkshire, Lancashire, Northumberland and Scotland. We have become the largest Classic Motorcycle auctioneer in the North of England and have the record, at £48,500, for the most expensive motorcycle sold at auction in the North.