WorthPoint adds iGavel Sales Data to Worthopedia; Database grows by 12.2M Items
Items that have sold on iGavel—such as this large Chinese cinnabar lacquered covered box, which sold for $8,767 including buyer’s premium in April—are now being added to the WorthPoint Worthopedia.
WorthPoint.com, the Internet’s largest resource for identifying and finding the value of subscribers’ art, antiques and collectibles, has just added more than 12.2 million pieces of art, antiques and collectibles sales results to its Worthopedia™ database, bringing the total to more than 290 million.
The new sales data—12,270522 individual sales records—is aggregated from WorthPoint’s data partners eBay, Garth’s Auctions, Crocker Farms, Heritage Auction Galleries, and—new to the WorthPoint data source partnership—iGavel, the auction platform founded by Lark Mason, the nationally known “Antiques Roadshow” television personality.
The pace of WorthPoint’s injection of new sales data into the Worthopedia has picked up over the last year, and will continue to add smaller batches to the database at a more frequent pace.
“We are always looking to add items from new auctions houses to our Worthopedia, and we are thrilled to be adding a wide variety of items from iGavel’s many partners to our database,” said Will Seippel, the founder and CEO of WorthPoint. “The types of items from iGavel that we are adding can be anything from traditional Hopi Katchina dolls to modern photographs to jewelry and fine art.”
Seippel’s vision for WorthPoint was to provide the most up-to-date information about antiques and collectibles values to assure enthusiasts will not make mistakes on pricing or on purchases.
“Information about realized price for an item sold—whether it was yesterday or several years ago—is helpful to identify an item’s trending value as well as the values reflected in recent market trends,” said Seippel.
Data in the Worthopedia is not only being used by hobbyists and collectors, but by professional antiques dealers, estate sales operators and appraisers, as well as professionals and semipros that are operating shops on eBay and Esty.
“The Internet allows a seller with a unique item to locate the one person in the world who wants to buy that item. With WorthPoint, when that sale is transacted, its sales data will reside in our Worthopedia to help the next buyer and seller decide on the correct value with another when one of those items comes to market.”
“The Internet allows a seller with a unique item to locate the one person in the world who wants to buy that item. With WorthPoint, when that sale is transacted, its sales data will reside in our Worthopedia to help the next buyer and seller decide on the correct value with another when one of those items comes to market,” Seippel said.
A breakdown of the new sales data shows a little more than 20 percent of the data comes in the Toys, Dolls, Games & Puzzles category—some 2.51 million individual sales records—followed by Sports (2 million), Coins & Currency (1.2 million entries), Jewelry (904,047), and Entertainment (742.486). There are 22 master categories in the Worthopedia.
WorthPoint, founded in 2007, has become one of the world’s leading resources for researching and valuing art, antiques and collectibles. In addition to the Worthopedia, WorthPoint offers its subscribers access to its Marks and Library database, a detailed collection of makers’ marks and other identifying codes and symbols, as well as a digital library of more than 1,000 reference books, price guides and other volumes on antiques and collectibles origins and histories.
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