“Barnebys”

Barnebys: Online Auction Report…

Barnebys report helps to understand what drives the online auction business. The last years saw a big augmentation in online auctions, taking the very traditional art market up to speed with the Internet revolution. While some might argue that artworks must be seen before bought and some JPEG image files are not enough to make a decision, the younger generation is more comfortable with the process. Both Christie’s and Sotheby’s employ efforts to boost online sales. In the last earnings call, Sotheby’s CEO Tad Smith praised the growth of Sotheby’s Internet presence, coming at a very small cost for the company. In May, a pair of diamond earrings was sold for an online bidder at 6 million dollars, a new record for pieces acquired via online bidding. Also, the merge involving Auctionata and Paddle8 earlier this year showed the consolidation of the sector, claiming the attention of the art market as a whole. The basic principle of a live auction is that the bidder must be at the place during the bidding of the particular lot he is interested in. Even if a high profile client is able to bid at the telephone, it’s still a very small timing window. Online bidding comes as the solution for people who can’t participate in live events because of timing or location. In a world where we can buy in the United States an Australian product to be delivered in France, items for auction should follow the same logic. The absence of actually seeing the object comes as negative aspect, but for some markets it is not so important. Back in a day, many people criticized when retailers started selling clothes online, arguing clients could not see or try it before buying. Today online sales are as important as physical sales to...

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Barnebys launches its platform in Chinese

On 13 April 2016, the Barnebys search engine launched its platform in Chinese: Barnebys Hong Kong. After launching its platform in French in February this year, Barnebys is taking a new step in its international development. While the Chinese market showed a few signs of slowing down in 2015, China nevertheless remains strong and dynamic on the global market, behind the United States and the United Kingdom according to the 2016 TEFAF report. The last sales in China, namely during Art Basel Hong Kong, were satisfactory despite the economic crisis. Founded in 2011 by Christopher Barnekow and Pontus Silfverstolpe, Barnebys is an online platform that offers to search for art objects online, providing sales histories, estimates, market watch and saving functions, as well as editorial content in the form of a newsletter. With this new platform, Barnebys is continuing its objectives of making the art and auction market more accessible and transparent, and of adapting to a fully expanding market. Barnebys is now available in six...

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Barnebys search engine now available in French

Barnebys is setting up in France after the creation of a new platform in French, Barnebys.fr, with links to 100 French-speaking auction-house partners including Artcurial, Tajan, Sotheby’s Paris and Aguttes. Barnebys is a search engine for art objects and antiquities listed by auction houses and art dealers. Founded in Stockholm in 2011 by Christopher Barnekow and Pontus Silfverstolpe, Barnebys offers six functions: the search for objects on sale, sales history, estimations, the saving of searches, market watch, and editorial content in the form of a blog and a newsletter. Barnebys now relies on 1,400 partner auction houses worldwide, attracts one million single visitors every month in 150 countries, and has a database made up of 16 million sale prices. Barnebys.fr is now available in 5 languages, and plans to soon add...

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