Heritage Auctions shatters industry record with $438 Million in online sales in 2017
The First Art Newspaper on the Net    Established in 1996 Saturday, September 28, 2024


Heritage Auctions shatters industry record with $438 Million in online sales in 2017
Online bidders set several world records and made seven-figure purchases, ranging from the $1.6 million sale of Tough Call – a world record for a Norman Rockwell study – and a $2 million bid for Jackie Robinson's 1947 Brooklyn Dodgers rookie jersey.



DALLAS, TX.- Online sales at Heritage Auctions surged to an industry-leading $438,298,484 in 2017, marking the first time more than half of the firm's total annual sales were transacted through the internet. The total represents 53.7 percent of the firm's $815 million in total sales.

The 2017 total marks the third straight year of record results for the firm, again ranking No. 1 in the auction industry as a whole. The total is a 26 percent increase over the previous record of $348,107,079 in 2016. The 2016 annual Hiscox Online Art Trade Report cited Heritage as surpassing all other auction houses in online sales.

"Heritage continues to see clients routinely purchase six- and seven-figure works of art and collectibles through the internet and on HA.com," said Jim Halperin, Co-Founder of Heritage Auctions. "Without exception, no other auction house in the world is doing this much business online."

Key departments driving online growth include Sports Collectibles, which logged more than $100 million in total annual sales. Sales of Vintage Comic Books and Comic Art hit a record $44.3 million in 2017, including more than $10.8 million from Weekly Internet Comics Auctions.

Online bidders set several world records and made seven-figure purchases, ranging from the $1.6 million sale of Tough Call – a world record for a Norman Rockwell study – and a $2 million bid for Jackie Robinson's 1947 Brooklyn Dodgers rookie jersey.

A newly launched mobile app offers one-touch mobile bidding and barcode scanning of professionally graded rare coins and comic books from the hobby's leading services.

"We are always seeking new ways to streamline the buyer-seller relationship," Halperin said. "As a result, bidders are showing their confidence in digital to acquire some of the most valuable lots auctioned in 2017."

Late last year, the firm surpassed 1 million online bidder members who use its platform to buy and sell fine art, jewelry, luxury real estate, fine wines, intellectual property and collectibles including rare coins, comic books and sports and entertainment memorabilia. The firm now adds new clients at a rate of about 5,000 a month.










Today's News

February 2, 2018

Experts discover hidden ancient Maya structures in Guatemala

From Beowulf to Chaucer, the British Library makes 1,000 years of rich literary history freely available online

Pablo Picasso's 'Mousquetaire et nu assis' will be a leading highlight of Christie's sale

Facebook denies 'censoring' 19th-century vagina painting

Brooke Lampley joins Sotheby's - Enhancing company leadership in Impressionist & Modern Art

David Richard Gallery opens new space in New York with exhibition of works by Shane Tolbert

MOCA announces opening date and inaugural exhibition BELIEVE

Dallas Museum of Art promotes Tamara Wootton Forsyth to Deputy Director

Naumann & Barnet Collections drive day one of Sotheby's Masters Week series to $23 million

Jamie Fobert Architects appointed to transform the National Portrait Gallery

Robin Bell, artist and anti-Trump activist

Moderna Museet exhibits Lygia Pape's installation Ttéia

Koller Auctions announces early highlights of its March sales

Annely Juda Fine Art opens exhibition of early archival works by Roger Ackling

Kunsthalle Wien opens exhibition of works by one of the leading figures of the Belgian avant-garde

Manzü, Acconci, Arad, Hadid: Big names at the Dorotheum Auction "Design First"

Heritage Auctions shatters industry record with $438 Million in online sales in 2017

Haus der Kunst opens exhibition of works by American artist Kiki Smith

Smithsonian names Robert J. Spiller Assistant Secretary for Advancement

Knoxville Museum of Art announces purchase of major Beauford Delaney works

1873 Carson City Gold spotlights legendary collections in Heritage Auctions' Long Beach offering

Carpenters Workshop Gallery London opens a solo exhibition by Atelier van Lieshout

On the road with Nigeria's first mobile library

Smithsonian American Art Museum acquires a large group of works by Ken Ohara




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful