Auctions Continue Growth as Business Channel

If you think auctions have taken over in the antiques business, recent results from LiveAuctioneers.com will only stregnthen that position.

The Manhattan-based Internet company that provides an online live-bidding platform and related support services to more than 960 auction houses worldwide, has released second-quarter statistics revealing a marked increase in sign-ups, site visits and page views.

“What our second-quarter results have shown us is that fine art, antiques and high-quality memorabilia seem to be performing as an independent microeconomy,” said LiveAuctioneers’ CEO Julian R. Ellison. “Globally, the economy is struggling, but at the same time, interest in collecting the best examples from any given category has never been higher. Fine art, in particular, has been surging, as we’ve witnessed lately in one record-setting auction after another.”

 

During the second quarter of 2010, there were more than 2.6 million unique visitors to LiveAuctioneers.com, where both current and archived auction catalogs are readily available to view. This figure reflects a 31.04% increase over the comparable quarter of 2009.

There was also a sizable jump in the number of visits to the LiveAuctioneers site, soaring from 3.2 million in Q2 2009 to 4.1 million in Q2 2010. Statistically, this result equates to a 31.99% increase in site visits.

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Art After X

With the death of President Kennedy in 1963, America changed. As hard as it is to minimize that sentiment, the effect of Dallas was even greater. The same year saw the merging of the Dallas Museum for Contemporary Arts, which had been central to the art scene, and the Dallas Museum of Fine Arts. Douglas MacAgy, then the director of DMCA, not only opposed the merger, but also declined to directorship of the combined museum. The regionalist movement which had been strong for decades, was giving way to more of an interest in what was going on nationally, and internationally. Like it or not, Dallas was on the national stage. When the Kennedy’s arrived in Fort Worth, local collectors had decorated a hotel room with internationally-renowned works. While the president and his wife learned a great deal about the ability of Texans to collect major art, there was little they could glean about the local scene in this era-defining city. With this in mind, we have begun a project to look not back at the art scene in Dallas, but foreword from 1963. We are interviewing gallery owners, curators and others involved in the art scene then, but this will be a story told mostly through interviews with artists active in the city from that point into the 1980s. The result will be a book with a video component. We hope you will join us in our journey. The hashtag for the project is #artafterx and the url artafterx.com will point to the latest updates on this weblog.

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2 Comments

  1. Danette Darbonne said:

    Thank you for the introduction to liveauctioneers.com. It looks to be a little out of my league but fun to gawk at. I will enjoy keeping an eye on it.
    Danette

  2. Author said:

    This is a rather disappointing, but perhaps quite true, statement about the online action venue starting to dominate the market. The greatest loss in this is that the on-line auction venue perhaps fails to create new buyers, but rather likely – simply pulls away existing ones from the dealers. Dealers are, in effect, are now cast in the role of creating new interest and collectors . A daunting position to be sure, but a highly necessary goal.

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