the saleroom

When it comes to timed online auctions, timing is everything.

Auctioneers get together to hear the latest market trends and top tips for 2022

Just how green is it to buy furniture second hand these days? A new study conducted by Small World Consulting on behalf of ATG parent company Auction Technology Group set out to provide the answer.

Long periods of life at home because of Covid restrictions for both lifestyle and work reasons have encouraged a trend for younger buyers in particular to target second-hand items from auction houses and dealers

Fifteen years ago an auction was held which heralded the online transformation in the bidding process and opened sales up to potential buyers across the world

This timeline shows a sample of items across many price points sold in 2020 at timed online auctions by a wide range of auction houses.

Live or timed? It used to be an easy answer: nothing compares to the thrill and theatre of the live sale. Now it is not so simple.

A surge in online bidding, coupled with auctioneers’ ability to adapt quickly to changing times, has shown how robust this market can be, says John-Paul Savant, chief executive officer of Auction Technology Group

Online auction marketplace thesaleroom.com (owned by ATG parent Auction Technology Group) made the following announcement to reassure auction houses that internet bidding will continue uninterrupted:

In a move to increase its digital presence and reach new bidders, Bonhams has agreed a long- term partnership with Auction Technology Group, owner of online auction marketplace thesaleroom.com.

Auction Technology Group, owner of ATG, has been included in the London Stock Exchange Group’s '1000 Companies to Inspire Britain 2019' report.

The success of timed online auctions for London’s big auction houses is putting the format on the map for other salerooms too.

We ask ATG’s Richard Lewis why thesaleroom.com is changing its commission fee.

Regional auction houses accounted for over a quarter of the UK auction market in 2017.

The contribution of Britain’s ‘regional’ salerooms – defined here as those outside the big London four of Sotheby’s, Christie’s, Bonhams and Phillips – is frequently overlooked when figures demonstrating the size of the UK auction market for art and antiques are created.