Online auctions

A new online auction platform featuring free listings and eight percent commission launched yesterday.

The Cotswold Auction Company have moved into a new permanent saleroom in Cirencester.

An auction of a Thracian coin – minted in the city of Apollonia Pontica (in modern-day Bulgaria) in the 4th or 5th century BC – was halted by eBay on the grounds the listing was ‘hateful or discriminatory’.

Bonhams are launching into the internet-only auction arena with a timed sale of watches from a single-owner collection of a European nobleman.

Online auction firms Auctionata and Paddle8 are to merge.

The British Antique Dealers’ Association is to launch live online auctions for its members starting in June.

With the British Antique Dealers’ Association to launch live online auctions for its members in June, ATG spoke with BADA Chairman Michael Cohen about the initiative.

In response to the new Consumer Rights Act, the Society of Fine Art Auctioneers have produced two different versions of their model terms and conditions – one for bricks and mortar ‘onsite’ auctions and another for online-only sales.

Online auction site Paddle8, who recently took space in Mayfair, have secured $34m in new funding.

Two leading online bidding platforms with a combined monthly audience of more than 800,000 have forged a partnership targeting fine art auctioneers and buyers on both sides of the Atlantic.

Online auction house Auctionata have acquired the London-based online valuation company ValueMyStuff.

Phillips are to begin-streaming their sales live on eBay’s platform for upmarket auctions of fine art and antiques.

Dutch online auction business Catawiki has raised $82m to build its business.

The online auction house Fine Art Bourse (FAB) has announced a major consignment for its first sale in September. An Ionian Dancer by John William Godward (1861-1922) will be offered with $300,000-400,000 estimate.

The Stanley Gibbons Group has bought online wine trading platform Bid for Wine.

Two senior members of the international auctioneering profession launch separate online-only ventures this week.

From 2016, the ‘Works on Paper Fair’ will move venue from the Science Museum to the nearby Royal Geographical Society, also in Exhibition Road, South Kensington.

Christie’s evening sale of post-war and Contemporary art last night posted a premium-inclusive total of $658.5m (£445m) as the bumper fortnight of auctions continued in New York.

Global online art sales grew by 68% in 2014 to total $2.64bn, say Hiscox, the international specialist insurer, in their third annual survey of the market.