Online auctions

CEO of Auction Technology Group John-Paul Savant discusses the proposed acquisition of Live Auctioneers and says it will bring you more of what you want

Auction Technology Group (ATG), owner of Antiques Trade Gazette and online marketplaces including thesaleroom.com, has announced the proposed acquisition of LiveAuctioneers, a major art and antiques auction marketplace in North America.

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 sales of art, antiques and collectables reached $4.82bn in 2019, a rise of 4% from the previous year, and digital demand is set to increase further in the years ahead.

After a month’s hiatus, a number of top-tier regional auction houses are returning to the rostrum to conduct ‘live online’ sales.

The London auction house holds its first online-only sale dedicated to a single dealer

Sworders is launching a new calendar of online-only and timed online auctions to satisfy demand from clients for sales next month.

A number of industrial and commercial-focused businesses have operated online-only and timed auctions for some time and have systems in place that allow for very little contact between individuals.