NEW YORK, NY.- Bidsquare, a curated online auction platform that connects bidders from all over the world with thousands of vetted fine art and design collectibles from reputable auction houses in real-time auction format, has announced that over 100 leading auction houses from across the US and UK have joined the platform since its launch. Recent additions include: Heritage Auctions headquartered in Dallas; Keno Auctions and Shapiro Auctions in New York; Morton Auctioneers and Appraisers in Houston and others. These auction houses join long-standing members including Skinner in Boston, Leslie Hindman Auctioneers in Chicago and Pook & Pook, Inc. in Downingtown. Bidsquare has also started to expand internationally, recently adding Roseberys London to its roster, one of the UK’s leading auction houses.
The practice of buying works of art and design online continues to strengthen, becoming a collector’s go-to method for reaching a depth of items across a variety of categories worldwide. Bidsquare is modernizing an age-old auction industry. The invite-only platform ensures items offered for sale are authenticated and approved by trusted teams of experts at each house for utmost quality. Buyers can place bids on more than 200,000 items across 15 collectible categories, ranging in price from $100 to $500,000 for lots offered in live and timed online-only auctions. As the user-friendly platform continues to gain partnerships with leading auction houses in the US and abroad, the range and number of items offered for sale will continue to increase.
Other milestones and statistics in recent months include:
· Since its launch in 2014, business has grown over 250%
· In August 2015, Bidsquare launched a partnership with UK’s the-saleroom.com, an online auction platform, to extend each company’s audience across both sides of the Atlantic
· Winning bids continue to grow in value with a high quality collector base of serious collectors
· Fine Art, American and European Decorative Art, and 20th Century Design remain the most sought-after categories on the platform
"At the Coeur d’Alene Art Auction, we noticed increased online bidding for our auction through the Bidsquare platform, with several individual bids in excess of $150,000. Online bidding is definitely the future and Bidsquare is leading the industry in both their ease of use and substantial marketing to top collectors. We expect this to continue going forward and are proud to partner with them as our exclusive online provider," said Mike Overby, Partner at The Coeur d'Alene Art Auction.
