Displaying items by tag: online auction

Bidsquare, the online bidding platform for over 35 leading auction houses, announces Bidsquare Cares: a holiday benefit auction of art experiences to aid the Ebola workers of Doctors Without Borders. Bidding opened at bidsquare.com on Black Friday, November 28th at 12:00PM EST, and closes on Monday, December 8th at 12:00PM EST.
 
Up for grabs are 35 one-of-a-kind art and city experiences from the leading auction houses that created Bidsquare: Brunk Auctions, Cowan’s Auctions, Leslie Hindman Auctioneers, Pook & Pook, Inc., Rago and Skinner, Inc.

Tour highlights include a walk and talk with David Rago at the Metropolitan Museum of Art; a National Public Radio behind the scenes tour in Cincinnati; and a helicopter ride over Chicago. Among the other gifts to give to yourself or others: a tabletop bronze sculpture by Klaus Ihlenfeld valued at $800 and a gift certificate for fine jewelry from Skinner.

As established and start-up companies alike jump in the race to serve online auction bidders, several regional auction houses have announced a new platform. Bidsquare was developed by six houses—Brunk Auctions, Cowan’s Auctions, Leslie Hindman Auctioneers, Pook & Pook, Rago, and Skinner—with the aim of bringing together “like-minded audiences as well as exceptional property.” The new platform will provide access to a wide variety of property, from fine art and estate jewelry, to design, and historical artifacts. Lots will be available on an “intuitive, easy-to-use website” that will allow buyers and the auctioneers to conduct business directly in an online forum, according to a Bidsquare press release.

Andy Warhol’s print of a nickel coin was expected to sell for as much as $30,000 in a money-themed online auction on Paddle8.com. Instead, the 1986 work failed to draw a single bid, the biggest casualty of the “Currency” sale in which 65 percent of the 20 lots went unsold.

None of this information can be gleaned now. When the auction ended at 5 p.m. on July 24, the estimates and final bids vanished from the site. So much for transparency.

Cameron and Tyler Winklevoss, the Internet entrepreneurs perhaps best known for their associations with Facebook and Bitcoin, are the latest techies to leap into the art world. This week, the twins’ Winklevoss Capital announced an investment round in Paddle8, a New York-based art auction house known for their high-profile charity events including a recent Faberge Egg auction. Paddle8 has flirted publicly with the use of Bitcoins for art transactions in the past and is one of the more tech-savvy of the online auction houses looking for a piece of the international market. Winklevoss Capital declined to discuss the specifics of the investment but said it was their first in the art or auction arenas.

Because of more restrictive U.S. visa requirements in the wake of 9/11 and a growing appetite for Western art in emerging markets in Asia, Africa, and elsewhere, online fine art auctions have turned into a bit of a boom industry.

If you’re in New York and want to see architectural ephemera, the Drawing Center’s Lebbeus Woods exhibition is primed for your enjoyment. But even if you aren’t in the Big Apple — if you’re anywhere that has a wifi connection — the Drawing Center has something to offer by way of architectural illustrations: Online auction house Paddle8 is hosting a sale of architects’ drawings through May 9, to benefit future design-themed programming at the Drawing Center.

Christie’s is currently hosting an online only sale titled Andy Warhol@Christie’s: A Christmas Thing. The holiday-themed sale will feature 99 works by Andy Warhol and is part of an ongoing partnership between Christie’s and the Andy Warhol Foundation. Works include images of Santa Claus, angels and other holiday iconography, along with other subjects more readily associated with Warhol.

Amelia Manderscheid, Head of E-commerce for Post-War & Contemporary Art at Christie’s, said, “We are delighted to present A Christmas Thing, a seasonal edition of our ongoing series of online-only sales dedicated to Andy Warhol. Buyers from over 50 different countries have already purchased an original work from the Andy Warhol Foundation for the Visual Arts through Christie’s since our multi-year partnership was first announced in 2012.”

A Christmas Thing will remain open for competitive bids through December 11.

The German startup, Auctionata, sold Egon Schiele’s (1890-1918) Reclining Woman (1916) for $2.3 million, breaking the record for any artwork sold as part of an online auction. The company, which is less than a year old, auctioned the watercolor on Friday, June 21, 2013 via webcast. The online auction record was previously help by Andy Warhol (1928-1987) whose Flowers series garnered $1.3 million in 2011.

Auctionata, which is helmed by Alexander Zacke, a former Ebay advisor, is planning to expand its online auction offerings to include various categories such as jewels, classic cars, wine and fine art. Along with holding weekly auctions, the company is hoping to establish an online showroom in New York City.

Auctionata currently employs around 250 people including specialists, curators and appraisers. Besides its online auction platform, the website boasts an online store where visitors can purchase antique or special items at their leisure.

George Bailey, the Chairman of Business Development at Sotheby’s London has partnered with fellow Sotheby’s employee, Lucinda Blythe, to launch an independent online auction site. The Auction Room (www.theauctionroom.com) specializes in “middle market” works of art that fall just under the minimum value criteria that many big name auction houses such as Sotheby’s and Christie’s enforce.

The Auction Room’s inaugural sale of Middle Eastern Contemporary Art will take place on June 24, 2013. An accompanying exhibition will held in London so that prospective buyers can view the works in person before the online sale begins. All of the lots offered will also be available for browsing two weeks before the sale on The Auction Room’s website.

The Auction Room will also specialize in the sale of jewelry, watches, silver, ceramics, and paintings. While the website is a bold new venture, Bailey will maintain his post at Sotheby’s.

Christie’s online-only auction of 125 works by Andy Warhol (1928-1987), which ran from February 26-March 5, 2013 was a huge success. The sale, which included paintings, drawings, photographs, and prints, garnered $2.3 million, doubling its pre-sale estimate. Proceeds from the auction will benefit The Andy Warhol Foundation for the Visual Arts, which is dedicated to the advancement of the visual arts.

The auction, which was the first online-only Warhol sale, attracted 65,000 visitors and 263 bidders from 36 countries. The featured works had estimates ranging from $600 to $70,000 and many have never been on public view. Highlights from the sale included I Love Your Kiss Forever, a 1964 lithograph of Marilyn Monroe’s lips that fetched $90,000, more than 40 times its pre-sale estimate; In the Bottom of My Garden (circa 1956), a complete book of offset lithographs colored by hand that realized $80,250; and a t-shirt screen printed with Warhol’s Self-Portrait with Fright Wig, which garnered $47,500. The only lot that failed to sell was a graphite on paper drawing titled Madonna and Child (circa 1981), which was expected to bring $30,000-$40,000.

The next Andy Warhol @ Christie’s sale is in April 2013 and will be dedicated to Warhol’s legacy at the famed New York nightclub, Studio 54. Christie’s will host a number of online auctions throughout 2013 as part of an ongoing partnership with the Warhol Foundation.

During the holiday season donations to Goodwill start pouring in; one location in Federal Way, Washington got more than they bargained for this year. A signed etching by the pioneering Surrealist artist, Salvador Dali, was dropped off by an anonymous donor and quickly identified by employee, Shea Munroe. The piece was added to Goodwill’s online auction system for a mere $999 and the price has continued to soar. It is currently listed on the organization’s auction site at $18,525. The auction ends tonight, November 19, at 7:30 p.m. PST.

Authenticated by Period House Appraisal Service in Tacoma, the framed color etching titled, Reflections, is from the artist’s The Cycles of Life Suite and features one of Dali’s famous melting watches. Signed and numbered “126/150,” the piece is also labeled as an “etching and photolithography from collage.” Although the work’s paper is slightly warped due to humidity and there is some discoloration to one part of the matting and a few scratches and scuffs to the glass and frame, the etching will undoubtedly sell for an impressive price.

Goodwill trains their employees to look for potentially high-value items and asks that they put aside any signed items or pieces with paperwork attached. Other valuable items that have appeared on the Goodwill auction site are a Rolex watch that sold for $900, a diamond ring that reached $12,000, and a Frank Weston Benson watercolor that fetched $165,002 in 2006, the most valuable piece to sell online to date.