{"id":2030240,"date":"2026-07-06T15:36:15","date_gmt":"2026-07-06T12:36:15","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2030240"},"modified":"2026-07-06T15:36:15","modified_gmt":"2026-07-06T12:36:15","slug":"meet-founders-of-black-crown-the-only-black-owned-auction-house-in-us","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2030240","title":{"rendered":"Meet Founders of Black Crown, the Only Black-Owned Auction House in US"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/07\/es-auctions.png?w=943&#8243;]<\/p>\n<div class=\"a-content a-content--offset lrv-a-floated-parent lrv-u-font-family-body lrv-u-line-height-normal lrv-u-font-size-18 lrv-u-position-relative\">\n<div class=\"pmc-paywall\">\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn February, Walter and Cathy Shannon launched Black Crown Art Auctions, the only active Black-owned and Black-operated fine art auction house in the United States. They created the platform to ensure equity, visibility, and legacy for African American artists, gallerists, and collectors.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe Shannons, who launched Black Crown Art Auctions at the 18th Annual Harlem Fine Art Show, are no strangers to the art world. The couple own E&amp;S Gallery, a gallery based in Louisville in operation since 1989. Through the gallery, the Shannons represent Kevin West, whose work has been show at Newfields Art Museum in Indianapolis and the Cincinnati Art Museum, fiber artist Sherry Shine, and collage artist Yolanda Ward. E&amp;S began in a 2,500-square-foot strip-mall location; today, it occupies an 11,000-plus-square-foot building the Shannons own in downtown Louisville.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><em>ARTnews<\/em> spoke with the Shannons about their plans for Black Crown, and why they view collecting as an act of preservation, empowerment, and sovereignty.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>What inspired the creation of Black Crown Art Auctions?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>Walter Shannon: <\/strong>I have been around art and the auction process forever. I am a formally trained auctioneer. This is something I\u2019ve wanted to do for many, many years. We finally pulled the trigger.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>Cathy Shannon: <\/strong>The time for this was overdue; it was culturally necessary. The platforms that determine artistic value, visibility, and legacy have not been ours. Others have profited from our culture while excluding us from ownership, authorship, and authority. We started Black Crown to change that.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>What is Black Crown\u2019s mission?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tCathy Shannon: We are a steward of the culture. Our tagline is, \u201cCollect the culture. Own the legacy.\u201d This is our mission, our movement, our crown. We stand for equity.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>When can people expect the first auction, and what will the process be like?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWalter Shannon: The first auction will be in August in Martha\u2019s Vineyard, featuring work we have or have access to, including a lot of Harlem Renaissance artists. Auctions will be online as well as in the gallery. We also want to hold auctions in a couple of other cities.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>What have been some early challenges in making Black Crown happen?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWalter Shannon: One of the biggest challenges was having the time to devote to this. We are extremely busy with the gallery. My sister said I need to sit my butt down, but we are doing this because it is totally necessary. We are fortunate in that if we wanted to put 70 to 90 items up for auction, it\u2019s doable because our inventory is that deep. I\u2019ve been in the business since the \u201970s. I remember when I did a catalog with 50 pieces, whereas now I could easily have 50 pieces from one artist. We have the experience, funds, and access to major artists to make this work.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>How will you build relationships with artists and collectors?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWalter Shannon: We have longevity on our side. We have been the go-to for African American art for years. We have relationships with many contemporary artists, and we look at several artists\u2019 portfolios every week. We can\u2019t be everything to everybody, and we are particular about the artists we work with.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tCathy Shannon: We have strong relationships because we pay our artists when we sell their work\u2014not every gallery does that. We also get out there, traveling to conferences attended by professionals such as doctors, attorneys, and C-suite executives to raise our visibility. Walter has conducted auctions on Tom Joyner cruises and at fundraisers for organizations such as Alpha Kappa Alpha and the Links.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>What are some short- and long-term goals?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWalter Shannon: In the short term, we want to get our first auction under our belt. Over the next few years, we want to see Black Crown grow like E&amp;S. We want to have a consistent auction schedule, and we hope there are more Black-owned auction houses. It\u2019s not competitive\u2014the more the merrier. The blessings that are yours are yours. After all, there\u2019s Christie\u2019s, Sotheby\u2019s, and many other auction houses. I think we are setting the pace. We are trying to be the headliners, but we should not be the only Black-owned fine art auction house.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>How do you plan to distinguish yourselves from other auction houses?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tCathy Shannon: A big part of our offering is education. We want you to know what you\u2019re buying. We say, buy what you like, but know what you\u2019re buying. Some dealers will let a purchaser think they are getting an original when they are not. You need to do your research on an artist, find out the value of their work, and get an idea of what it is selling for. You need to be knowledgeable. There have been auction sites that presented work they said was by a certain artist when it was not. We want to police some of what is available on auction sites.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWe are also different in that we are about equity. We hear from clients that auction houses and museums are not always equitable in their treatment. A lot of talent is locked out. We want our artists to get what they need and to be valued. This business is personal for us. We have collected a lot of art ourselves. We are connected to our product.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>At this point, what tops the to-do list?<\/strong><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWalter Shannon: Now that we\u2019ve launched, we need to continue raising awareness about who we are. We have to keep moving forward and put together a team. We want everything in place so we can continue the excellence we\u2019re known for.<\/p>\n<\/div>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.artnews.com\/art-news\/market\/black-crown-art-auctions-founders-interview-1234789759\/&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/07\/es-auctions.png?w=943&#8243;] In February, Walter and Cathy Shannon launched Black Crown Art Auctions, the only active Black-owned and Black-operated fine art auction house in the United States. They created the platform to ensure equity, visibility, and legacy for African American artists, gallerists, and collectors. The Shannons, who launched Black Crown Art Auctions at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-2030240","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2030240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2030240"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2030240\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2030240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2030240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2030240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}