Auction Houses Rago/Wright, Toomey & Co. Merge
Toomey & Co. will keep its name but relocate from the Illinois suburb of Oak Park to Rago/Wright’s Chicago headquarters.
Toomey & Co. will keep its name but relocate its office and galleries from the Illinois suburb of Oak Park to Rago/Wright’s headquarters in Chicago this fall.
Founded in 1987, Toomey & Co. specializes in early 20th century and modern design, fine art, jewelry, silver, and timepieces.
“The business I began 40 years ago has evolved significantly in the last four decades, and we’re proud to be embarking on an exciting new chapter, which we are confident will benefit our brand as well as the industry and its clients,” said President John Toomey.
“Joining forces with Rago/Wright expands our ability to serve our clients, extends our competitive advantage, and positions us for future growth,” he said.
John Toomey is a specialist in objects of the Arts & Crafts Movement while David Rago, a partner at Rago/Wright, is an authority in 20th century decorative ceramics and design.
The partnership “perfectly complements Wright’s focus on Modern design, strengthening the combined brands’ ability to offer strategic opportunities for buying and selling works from a wide range of eras and movements,” said the companies.
Toomey & Co.'s Riley Humler, a specialist of early 20th century American ceramics and art pottery and president of the American Art Pottery Association, will also join the newly merged team.
“Joining forces with John Toomey and Riley Humler is a decades-long dream,” said Rago. “With this merger, we are launching an American Arts & Crafts team unlike any other in the industry.”
Lucy Toomey, CEO of Toomey & Co., and John Walcher, vice president and senior specialist, as per their LinkedIn profiles, will remain in their roles.
Rago/Wright’s Richard Wright will continue to serve as CEO of the combined company.
Last summer, LA Modern Auction also merged with Rago/Wright. The four auction houses under one umbrella will share technology, expertise, and marketing efforts, said Rago/Wright.
“Through the merger with Toomey & Co., we are delivering on our vision to combine the strongest independent auction houses with a shared database and web platform,” said Wright. “Our combined expertise, client service, and technology is unrivaled.”
The first post-merger Toomey & Co. auction is set for October.
A total of four suspects are now in custody with police still on the lookout for the remaining two.
From a “whodunnit” murder mystery to a permanent jewelry party, Duvall O’Steen and Jen Cullen Williams share a wealth of suggestions.
“Mountings 2023-2024” and “Diamonds & Gemstones 2023-2024” offer a vast selection of options to create custom pieces.
Learn how to better serve your employees, customers and community by having a dynamic and supportive company culture.
It follows Creative Director Lucia Silvestri as she crafts the brand’s high jewelry collections.
While ethical mining is essential to a diamond business, they represent only a fraction of the responsibility bestowed on jewelers.
The competition takes place in tandem with TJA’s annual convention, known as the Texas Jewelers Roundup.
The limited-run collection features figures from Haring’s iconic street art on charms, bracelets, rings, and more.
One hundred percent of proceeds will benefit the nonprofit’s silicosis prevention initiative.
Gemstones Editor Brecken Branstrator dishes on the latest color to trend, the show floor buzz, and more from Denver.
Sponsored by Bloomreach
Burgundy also announced the retail launch of its diamond brand, Maison Mazerea.
As the end of 2022 draws near, National Jeweler offers another deep dive into lab-grown diamond market data.
These trending-yet-timeless pieces are no-brainers for customers in search of the perfect gift.
Namdar joins a long line of diamond experts, but his love of the trade was learned rather than inherited.
Growing supply and falling prices likely will make differentiation a necessity and a reality, according to analyst Paul Zimnisky.