Born of ingenuity, built by industry and
maintained through integrity this is a capsule history of Dunning’s Auction
Service, Inc. In 1896, Frank Dunning held farm and livestock auctions. His
brothers, William and Charles, were also in the cattle business in West
Dundee. Their prominence inspired the town to name a street, “Dunning
Avenue”.
Frank’s
nephew, Albert, joined the business in 1920 after his tour in World War I.
Farm Auctions, along with some real estate auctions, continued to be the
bread and butter of the auction business for Dunning’s, mostly in Kane and
McHenry counties.
In
1935, Albert married Laura and they relocated to Rockford to expand the
auction and cattle business. She was not only his partner in marriage, but
in business, as she took over the bookkeeping, clerking and advertising
responsibilities. The Dunning’s returned to Elgin in 1942 adding household
and estate auctions to their repertoire. Auctions were held on site and at
the facility on Dundee Avenue until 1969 and then on Olive Street for a
short time.
In 1957
after attending Northwestern, 3rd generation, Terry joined the family
business on a full time basis. His wife, Pat took over the bookkeeping
responsibilities in the 70’s, along with raising five children. 1970
brought a Chicago gallery on Michigan Avenue for a year and a half at which
point the growing interest in the auction business warranted a gallery in
Elgin which was moved into in 1978.
The
80’s and 90’s brought a great deal of growth. Another Chicago office was
opened, a southern California was opened to service the growing real estate
market in the west. 4 of the Dunning’s 5 children of the fourth generation
joined the auction business on a full time basis. These family members
along with Bill Milne and thirty other valuable team members built up a top
ten national auction tradition started a century ago.
In
1998, Butterfield’s expanded into the Midwest by merging with Dunning’s.
The Elgin gallery was moved to the vibrant River North art gallery district
and was called Butterfield, Butterfield & Dunning, making it the world’s
fourth largest auction firm of fine and decorative arts, antiques and
collectibles. The newly merged company then became a subsidiary of Ebay in
1999.
The
tradition of auctioning continues as Terry Dunning conducts over 250
appraisals annually and can still be fond at the podium. Son, Scott Bowers
opened a commercial and real estate auction company, Auction Consultants,
Inc. Daughter, Shawn Dunning continued with on site auctions, charity
auctions and selling personal property on line.