Auctionata

Auctionata AG
Company typeAG
IndustryOnline auction
Founded2012
FounderAlexander Zacke, Susanne Zacke
Defunct2017
Headquarters
Berlin
,
Germany
Area served
Global
Key people
Thomas Hesse (CEO), Alexander Gilkes (CIO), Lucas Hulsmann (CFO), Osman Khan, Jan Thiel, Johannes Riedl,
ProductsLivestream Auctions, Online shopping, Online auction
ServicesArt valuation
Revenue$150 million (2015) [1]
Number of employees
approx. 120 (as of June 2013 excl. experts)
Websiteauctionata.com

Auctionata was an online auction house and eCommerce company specializing in luxury goods, art, antiques and collectibles based in Berlin with offices in New York. Auctionata had a team of 250 art experts who worked on commission and were not directly employed by Auctionata.[2] These experts were paid by the minute via PayPal[3] for valuing, authenticating, and curating objects including art, cars, watches, antiques.[4] Since opening in February 2012, Auctionata had evaluated and verified over 21,000 pieces of art.[5] Notably, Auctionata's experts discovered a watercolor by Egon Schiele, which was valued at a starting price of $1.3 million (€1 million).[6] Auctionata was declared insolvent on February 29, 2017 by announcing it had ceased operations.[citation needed]

  1. ^ Strauss, Karsten. "A Tale of Two Auction Houses". Forbes. Retrieved 25 October 2015.
  2. ^ Yumpu.com. "auctionata-information-folder-for-us-dealers-art-market-monitor". yumpu.com. Retrieved 2020-02-12.
  3. ^ "From Berlin, Bringing Art Auctions Online: Auctionata CEO Alexander Zacke (Part 3)". Sramana Mitra. 2014-02-05. Retrieved 2020-02-12.
  4. ^ Strauss, Karsten. "Online Auctions Hit The Big Time: Breaking The $1.3 Million Andy Warhol Record". Forbes. Retrieved 19 September 2013.
  5. ^ Wilkinson, Julia. "New Funding and an Egon Schiele: Excitement at Auctionata". AuctionBytes Blog. EcommerceBytes. Retrieved 19 September 2013.
  6. ^ "Auctionata: Sensationeller Schiele-Fund". Handelsblatt (in German). 10 March 2013. Retrieved 19 September 2013.