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{{Short description|Auction house in Kolkata, India}}
{{Infobox Historic building
| name = The Russell Exchange
| image =
| caption =
| location = [[Kolkata]], [[West Bengal]]
| address = 12 C, Russel St, [[Park Street, Kolkata|Park Street]]
| location_country = [[India]]
| coordinates = {{coord|22.552365|88.350929|region:IN-WB|display=inline,title}}
| construction_start_date =
| completion_date = 1940
| demolished_date =
| architect =
| owner =
| cost =
| pushpin_map =
| architectural_style =
| structural_system =
| client =
| size =
| engineer =
}}

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

== History ==
The Russell Exchange, believed to be Asia’s oldest auction house<ref>{{Cite news |last=Owles |first=Edward |date=2012-06-28 |title=India's oldest auction house fights for survival |url=https://www.bbc.com/news/world-asia-india-18621931 |access-date=2025-01-16 |work=BBC News |language=en-GB}}</ref> and the last in Kolkata, dates back to the 1940<ref>{{Cite web |last=Santra |first=Anwesha |date=2023-04-10 |title=Russell Exchange - last player remaining in the game |url=https://www.thestatesman.com/cities/kolkata/russell-exchange-last-player-remaining-in-the-game-1503170889.html |access-date=2025-01-16 |website=The Statesman |language=en}}</ref> 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.<ref>{{Cite news |last=Bag |first=Shamik |date=2015-03-21 |title=Russell Exchange auction house: Everything is saleable |url=https://www.livemint.com/Leisure/RBlI9B15Gc3BH2dhkR5QeM/Russell-Exchange-auction-house-Everything-is-saleable.html |archive-url= |archive-date= |access-date=2025-01-16 |work=[[Mint (newspaper)|Mint]]}}</ref> 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.<ref>{{Cite news |last=Roy |first=Saurav |date=2024-05-03 |title=Going once, going twice, still going strong: Kolkata’s Russell Exchange auction house |url=https://www.telegraphindia.com/my-kolkata/places/kolkatas-the-russell-exchange-asias-oldest-auction-house-that-stood-the-test-of-time-has-big-plans-ahead/cid/2017529#goog_rewarded |access-date=2025-01-16 |work=[[The Telegraph (India)]]}}</ref>

== Location ==
The auction house is located on Russell Street in Kolkata, India.<ref>{{Cite web |last=Sengupta |first=Anuradha |date=2022-11-02 |title=Visit The Russell Exchange Auction House For Rare Finds |url=https://www.outlookindia.com/travel/visit-the-russell-exchange-auction-house-for-rare-finds-news-185972 |access-date=2025-01-16 |website=Outlook India |language=en}}</ref> 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.<ref>{{Cite web |last=Chatterjee |first=Sreya |last2=Hajra |first2=Siddhartha |title=The crumbling mansions of India’s ‘City of Joy’ |url=https://www.bbc.com/worklife/article/20180123-the-disappearing-mansions-of-kolkata |access-date=2025-01-16 |website=www.bbc.com |language=en-GB}}</ref>

== In media ==

* ''The Auction House—A Tale Of Two Brothers'' by Edward Owles in 2014.<ref>{{Cite web |title=The Auction House: A tale of two brothers |url=https://www.aljazeera.com/program/witness/2017/2/9/the-auction-house-a-tale-of-two-brothers |access-date=2025-01-16 |website=Al Jazeera |language=en}}</ref><ref>{{Cite web |last= |first= |date=2014-12-02 |title=‘The Auction House: A Tale of Two Brothers’: Cairo Review |url=https://www.hollywoodreporter.com/movies/movie-reviews/auction-house-a-tale-two-753275/ |access-date=2025-01-16 |website=The Hollywood Reporter |language=en-US}}</ref><ref>{{Cite web |last=Ramnath |first=Nandini |date=2016-02-14 |title=In documentary ‘The Auction House’, brothers make rival bids for the business |url=https://scroll.in/reel/803385/in-documentary-the-auction-house-brothers-make-rival-bids-for-the-business |access-date=2025-01-16 |website=Scroll.in |language=en}}</ref>

== References ==
{{reflist|2}}
{{authority control}}

[[Category:Auction houses]]
[[Category:Indian auction houses]]

The Russell Exchange - Revision history

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