NEW YORK and SAN JOSE, Calif. – LiveAuctioneers and eBay have jointly announced a new partnership that will expand selling opportunities for auction houses in a way that is unprecedented in the art and collectibles sector. The combined force of eBay’s incomparable presence in the online retail marketplace with LiveAuctioneers’ peerless technology and client database of more than 5,000 premier auction houses will form the infrastructure for a “Buy It Now” after-sale venue set to launch this spring.
NEW YORK – Following several months of collaborative planning, industry-leading online-auction marketplace LiveAuctioneers has announced a new partnership with Fiverr, a marketplace that connects businesses with freelancers offering digital services across eight verticals, including graphic design, digital marketing, programming and tech; and video and animation. Under the terms of the partnership, LiveAuctioneers will offer its auction-house clients access to Fiverr Pro, a tier of hand-vetted, top-quality professionals who are trusted by some of the world’s leading brands. The new collaboration is unusual in that it innovatively unites a B2B marketplace (Fiverr) with a B2C marketplace (LiveAuctioneers). It also represents the first time Fiverr has ventured into the dynamic world of online auctions.
NEW YORK – LiveAuctioneers, the world’s leading online marketplace for exceptional fine art, antiques and vintage collectibles, has released its 2018 Annual Report indicating not only another year of record results that outperformed competitors, but also a continued year-over-year pattern of growth that remains unrivaled in the industry.
NEW YORK – LiveAuctioneers, the world’s leading online marketplace for exceptional fine art, antiques and vintage collectibles, has released its Mid-Year 2018 Report confirming record results and a year-over-year pattern of growth unrivaled in the industry.
“In the first six months of 2018, LiveAuctioneers delivered winning bidders on more than 300,000 items and processed billions of dollars in winning bids and underbids,” said LiveAuctioneers CEO, Phil Michaelson. “We dramatically outperformed the competition, and our accelerating growth and Internet best practices continue to drive the highest-quality consignments to auction houses that are on the LiveAuctioneers platform. It has been a source of great pride for our team to be the lowest-cost provider of premium services and yet drive the best results in the industry.”
The first half of the year comparisons on a year-over-year basis include:
- An increase of 37% more bids
- An industry-leading average online sell-through rate of 24.7%
- An increase of more than 50,000 new bidders, on average, every month
- Web and mobile traffic of over 23 million visits, up 34%
- Over 133,000 consignments directed, an increase of more than 27%
- Record online-auction results for Lucio Fontana art ($210,000), blockchain art ($140,000), Atsuko Tanaka art ($88,000), Finn Juhl furniture ($60,000) and more
LiveAuctioneers has continued to invest in new solutions for growing its auction house partners’ sales and increasing the flow of their respective consignments. Customer-driven innovations like Custom Auction Software, Auction Previews, Timed Auctions, and payment by cryptocurrency are converting traditional ecommerce shoppers to live-auction winners through LiveAuctioneers. “We out-execute the competition, and auction houses on our platform are enjoying an increase of up to 40% in the number of items sold as compared to the first half of 2017,” Michaelson said. LiveAuctioneers’ free auction price results database, with over 21 million listings, is now faster to search and continues to be the leading resource for appraisers and consignors seeking auctioneers with whom to place consignments.
Click to view LiveAuctioneers’ 2018 mid-year results.
# # #
SAN FRANCISCO (AP) – Apple is trying to drag the U.S.’s antiquated system for handling 911 calls into the 21st century.
SAN FRANCISCO — Codex, a cryptocurrency and decentralized title registry for the $2 trillion art and collectibles (A&C) asset class, has announced receipt of a $5 million investment from Pantera Capital, a leading investment firm focused on blockchain technologies. As Codex continues to grow its platform, Pantera’s investment, along with previous investor commitments, will help with protocol development and supporting participants in building applications on Codex. Pantera Capital’s Co-Chief Investment Officer, Joey Krug, has also joined Codex as an advisor, serving as a blockchain technology and strategic advisor.
NEW YORK – LiveAuctioneers, the world’s leading online marketplace for auctions of collectibles, antiques and fine art, today announced its participation in the Codex Consortium, which supports the Codex Protocol, a decentralized title registry for the $2 trillion arts & collectibles (A&C) asset class that brings provenance onto the blockchain. LiveAuctioneers has committed to adopting Codex Protocol, its native token, and its first product, Biddable, the day the protocol is launched. In the short term, Biddable will make bidding easier for LiveAuctioneers’ audience of 12 million users, enable bidding with cryptocurrency, and bring an influx of cryptowealth to auction houses. Over the long term, Codex will create a larger and more trusted art and collectibles market that will benefit LiveAuctioneers’ auction-house partners.
NEW YORK (AP) – A bag containing traces of moon dust sold for $1.8 million at an auction on Thursday following a galactic court battle.
LAS VEGAS – Tipsy Robot, the galaxy’s first land-based robotic bar, will open its doors to the public today, June 30, 2017, inside the Miracle Mile Shops at Planet Hollywood Resort & Casino.