August 16, 2011
WorthPoint’s Worthopedia Price Guide Surpasses 100 Million Records
Expands Service with New European Data and Enhanced Search Features
ATLANTA, August 16, 2011 – WorthPoint®, the leading online resource for collectors, today announced attainment of a key milestone: its market-leading price guide, Worthopedia™, now contains more than 100 million auction sales results. By aggregating transaction records from a wide array of auction venues and virtual marketplaces, Worthopedia offers the broadest, deepest array of information available on art, antiques and collectibles. The recent addition of U.K. data obtained through a primary licensing relationship pushed sales records past the 100 million benchmark. Even more UK data will be added from recently acquired partnerships with leading local auction houses.
In addition to this expansion, Worthopedia will soon include auction results for art, antiques and collectibles in Canada, Australia, France and Germany. Localized web sites for these countries will be available too, making Worthopedia the global leader in pricing for art, antiques and collectibles.
To make Worthopedia even more effective, WorthPoint has increased its search functionality so subscribers can obtain highly precise results. Some of the new criteria include price range, country and the ability to exclude designated characteristics. Worthopedia is now integrated with WorthPoint’s new Forums as well, allowing subscribers with interests in specific items to gather and share more information about them.
“It is exciting to reach the 100 million milestone for Worthopedia,” said Will Seippel, founder and CEO of WorthPoint Corporation. “We have come a long way from the starting point of 1 million records in 2008. With the addition of international information and considerably more sophisticated search tools, I believe we have made Worthopedia a truly compelling resource for the entire collecting community – from hobbyists to professionals.”
The improved price guide provides a solid foundation for other products due to roll out later this year. This includes a native iPhone/iPad application, a complete makeover of sister site GoAntiques and a makers marks image library that will allow users to research distinguishing marks on items of interest and their impact on value.
Founded in 2007, WorthPoint is an international, online information and media company that has quickly become the world’s largest resource for researching art, antiques and collectibles. It helps people accurately value, preserve, buy and/or sell items. The company’s core feature is a vast database of sales records aggregated from eBay, virtual marketplaces and leading auction houses. This repository is called Worthopedia and now exceeds 100 million items. In 2011 (for the second year in a row), Lead411 named WorthPoint one of the fastest growing technology companies in Georgia (http://www.lead411.com). The company has offices in Atlanta, Ga.; Dublin, Ohio; and Dublin, Ireland.
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Dec. 13, 2010
WorthPoint Closes New Equity Round of $3.6 Million
Leading Site for Collectibles Valuation Services to Expand Initiatives,Workforce
ATLANTA, Dec. 13, 2010 – WorthPoint®, the world’s leading resource for valuation and associated services for art, antiques and collectibles, today announced it closed a new equity investment round of $3.6 million. In addition, the company will expand credit capacity with its current bank by up to $1 million. Participants in the recent equity-funding round include existing and new angel investors, as well as principal partners from Cheviot (http://www.cheviot.co.uk), a private UK-based investment firm.
“We are delighted to have the confidence and support from our existing investors as well as partnership with Cheviot, who will help us substantially with new key initiatives,” said Will Seippel, Founder and CEO of WorthPoint. “While we have reached profitability in our core business, this investment enables us to make significant value additions that will ensure our position as the market-leading resource for collectible enthusiasts worldwide.”
The new funds will extend support for product additions already scheduled for 2011, including:
• Vastly expanded price guide (Worthopedia™) from 73 million items to more than 100 million items—aggregated from eBay®, leading auction houses and virtual marketplaces
• Community forums providing both free and paid members with access to expert opinions and debates regarding the most topical issues in the world of collecting
• Native iPhone®/iPad® application enabling a full range of research and valuation functions for users when attending auctions, trade shows, estate sales and other remote locations
However, most of the new funds will be used to launch globalization and publisher content integration efforts. Initial steps in making WorthPoint more useful for the global market include integrating high volumes of international auction data, an item search option by country and currency conversion tools. Eventually the WorthPoint Internet offering may be expanded through fully localized European-based web sites.
The publisher content program involves partnerships with subject matter expert organizations that will contribute information complementary to WorthPoint’s Worthopedia Price Guide listings. Not only will this allow subscribers to accurately value items, but it will also enable them to acquire valuable history and background data. To support all 2011 product development and marketing projects, WorthPoint estimates a staff increase of at least 12 positions – primarily in its Dublin, Ohio-based Operations Center.
“Our expanded efforts in globalization and publishing content will not only help acquire new members but will also undoubtedly enhance all of our basic performance metrics, from traffic through retention,” Seippel added. “Needless to say, we are very excited to have equity partners who share our vision in making WorthPoint the ultimate ‘go to’ destination for collectors.”
Atlanta and Dublin, Ohio-based WorthPoint Corporation (qa.worthpoint.com) is an Internet- centric information and media company that offers a vast database of sales records on art, antiques and collectibles in a repository branded Worthopedia. Founded in 2007, WorthPoint has quickly become the world’s largest resource center for researching the value of art, antiques and collectibles. The company helps collectors accurately assess the worth of their items and provides expert advice from its international team of Worthologists on how to preserve or sell antiques and collectibles. WorthPoint also owns GoAntiques™, the oldest antiques and collectibles site on the Web. In 2010, WorthPoint was ranked #16 on Lead411’s Technology 500 list, recognizing it as one of the fastest growing tech start-ups nationwide.
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July 13, 2009
WorthPoint Named One of the ‘Hottest Companies in the Southeast’
ATLANTA, July 13, 2010 – Atlanta-based WorthPoint Corporation has been recognized by Lead411 as one of the “Hottest Companies in the Southeast.”
WorthPoint, founded in January 2007, is a database and media company for the auction, antiques and collectibles industry. Its Web site (qa.worthpoint.com) catalogues and tracks the sales history and current value of antiques and collectibles from around the world, and makes this information available to everyone.
WorthPoint Founder and CEO Will Seippel said: “We are honored to be recognized by Lead411 for this award and included with its group of dynamic companies. Over the past year especially, we have been working extremely hard to increase the breadth and depth of our auction data as well as add value in other ways. I think this award shows that we are seeing dividends from these efforts.”
Seippel added: “The sacrifices and hard work of our employees and stakeholders have been recognized and have paid off. They have faithfully backed us and worked hard to build a needed consumer product. We have grown steadily during the worst economic environment since the Great Depression and now have nearly 10,000 monthly paid subscribers.”
Los Angeles-based Lead411 (www.lead411.com) provides information, news and research about U.S. companies and their executives. Founded in 2001, its goal has been to focus on quality corporate data that is valid and useful rather than producing as many company records as possible. In addition, Lead411 tracks company news in order to alert its clients about venture financing, new hires, hiring plans, etc. Clients include Gartner, Administaff and ADP.
Their “Hottest Companies” awards have been created to recognize the fastest growing companies in different geographic regions. This particular list originally started with more than 2,400 companies and was narrowed down to the top 91.
“We have been tracking fast companies for our customers for the past 10 years,” said Tom Blue, CEO of Lead411, “and we felt it was important to recognize these growing brands publicly.”
Companies considered for the “Hottest Companies in the Southeast” award had to be in the Software, Wireless, Internet or Media industry; be privately held, and be based in Kentucky, Tennessee, North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, Arkansas or Louisiana.
In addition, each company must have met one or more of the following criteria: Achieved at least a 100 percent increase in revenues over the past three years; received more than $1 million in funding in the past two years; or showed at least a 100 percent increase in traffic to the company’s Web site in the past 12 months and more than 1 million unique visitors a month.
December 9, 2009
WorthPoint and Terapeak Extend Partnership; Offer Powerful Joint Data Service to Collector Community on eBay
ATLANTA, GA – (Marketwire) – December 9, 2009 – Fresh on the heels of its mobile application launch, WorthPoint Corporation on Wednesday announced an important expansion of its partnership with Terapeak – the industry leader in eBay research and education. In addition to a data licensing agreement announced earlier this year, the two companies have teamed up to develop and market a powerful new tool for eBay users.
Called Terapeak Collectibles, this new application leverages the brands of both Terapeak and WorthPoint in providing unlimited access to WorthPoint’s Worthopedia – the premier online antiques and collectibles database consisting of detailed descriptions, images and realized prices for more than 50 million unique items.
The Worthopedia content is organized in a unique taxonomy structure and covers all categories of items – from ceramics, to stamps, coins, fine art, sports memorabilia, etc. WorthPoint has compiled this database from multiple sources including eBay, leading auction house listings, and online marketplaces. eBay users who subscribe to the joint Terapeak-WorthPoint service will be able to instantly obtain sales/price record detail on any items of interest plus gain valuable insight from analytics that will allow them to fully monetize collectible assets.
The offering was developed specifically for the eBay Selling Manager Applications platform utilizing WorthPoint’s rich content and Terapeak’s delivery channel. It is available now on a subscription basis to eBay members, and it may be extended to other Internet-based distribution points in the future.
“This is an ideal partnership in every sense of the word,” said WorthPoint CEO Will Seippel. “Part of our task in growing WorthPoint is selecting the right partners that can make our content available to the people who need it most. With its strength in eBay user knowledge and relationships, Terapeak is ideally positioned to help us expand our user franchise.”
Fred Speckeen, CEO of Terapeak’s parent company, Advanced Ecommerce Research Solutions (AERS), added, “This is an especially exciting launch for us. We believe WorthPoint’s unique approach to antiques and collectibles data aggregation and organization will provide an excellent value for the eBay Collector community.”
Atlanta-based WorthPoint Corporation (qa.worthpoint.com) is the premier online provider of sales records and associated information on art, antiques and collectibles with its vast database aggregated from eBay, leading auction houses and online marketplaces. Founded in 2007, WorthPoint has quickly become the world’s primary resource for researching items and assessing their value. It helps collectors understand the worth of items; provides expert advice from its international team of Worthologists on preserving, buying or selling them; and helps connect trading partners. In the fall of 2008, WorthPoint acquired Dublin, Ohio-based GoAntiques, the oldest antiques-and-collectibles marketplace site on the Web. Recently, the combined sites broke into the Quantcast Top 1000 ranking. In December 2008, WorthPoint signed a seven-year data licensing partnership agreement with Terapeak, the industry leader in eBay research and education. This was followed by an additional agreement in May 2009 for the joint product offering recently launched on eBay. For more information:
Advanced Ecommerce Research Systems Inc. (AERS) (www.researchadvanced.com) is a fast-growing, privately-held e-commerce data and analytics company. The company has two strategic business units, Terapeak (www.terapeak.com) and ResearchAdvanced, which deliver data and analytics based on huge transactional data sets, including eBay. Today, AERS is eBay’s only market data reseller, and has established itself as the pre-eminent provider of the most up-to-date, thorough, and relevant online marketplace statistical reporting available. Currently, AERS websites receive more than one million page views per month. For more information: www.terapeak.com.
September 10, 2009
WorthPoint Launches New Mobile Application Provides Anywhere, Anytime Access to Precise Item Valuation
ATLANTA, September 10, 2009 – WorthPoint Corporation on Thursday announced the availability of a new Mobile Application—a natural extension of its increasingly popular subscriptions.
These services provide access to the “Worthopedia” —the premier online antiques and collectibles database consisting of detailed descriptions, images and realized prices for more than 35 million unique items—growing to more than 100 million in 2010.
The WorthPoint Mobile Application will be a standard feature of all three WorthPoint subscription plans, allowing users to perform searches and obtain instant, accurate evaluations of targeted items—anyplace, anytime. The application is ideal for use while traveling and in situations where accessing a computer is difficult such as estate sales, auctions, flea markets, etc.
With this new feature, WorthPoint subscribers will be able to fully leverage Worthopedia’s aggregated data from eBay, leading auction houses and online marketplaces, along with the system’s unique taxonomy structure—resulting in highly specific search and price point results on all categories of items—from ceramics to stamps, coins, fine art, sports memorabilia, etc.
Mobile Application users will be able to instantly obtain sales/price record details on any item of interest, enabling them to get the most from collectible transactions in any location at their convenience.
“With the increased usage of mobile devices for everything from banking to restaurant reservations, the need for a mobile solution was a given,” said WorthPoint CEO Will Seippel. “In addition, the collector community is highly mobile, so our members require and deserve the ability to retrieve collectible information when, where and how they need it. This is just the first step in our mobile offerings and other innovations that will increase access and usability of our tools.”
The WorthPoint Mobile Application is supported on any webkit-based browser such as those included in PalmOS and Google’s Android. It was developed and optimized for the iPhone’s Safari browser, due to the iPhone’s phenomenal growth in the market. Blackberry support will be available upon its upcoming 5.0 OS release. WorthPoint subscribers can use their mobile device to log in and access Worthopedia at qa.worthpoint.com/mobile.
Atlanta-based WorthPoint Corporation (qa.worthpoint.com) is the premier online provider of sales records and associated information on art, antiques and collectibles with its vast database aggregated from eBay, leading auction houses and online marketplaces. Founded in 2007, WorthPoint has quickly become the world’s primary resource for researching and assessing item value. WorthPoint helps collectors understand the worth of items; provides expert advice from its international team of Worthologists on preserving, buying or selling them; and helps connect trading partners. Last fall, WorthPoint acquired Dublin, Ohio- based GoAntiques, the oldest antiques-and-collectibles marketplace site on the Web. In December 2008, WorthPoint signed a seven-year data licensing partnership agreement with Terapeak, the industry leader in eBay research and education.
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July 31, 2009
WorthPoint CEO Outlines Plan to Revitalize Collectibles Marketplace
St. Simons Island, Georgia, July 31, 2009 — Will Seippel, the president & CEO of WorthPoint Corporation (qa.worthpoint.com), this week told a gathering of Georgia auctioneers that his Atlanta-based company is unveiling a major initiative that promises to boost auction business. WorthPoint’s new product offerings will benefit online auction providers and facilities based auction houses by revitalizing collecting and making it attractive the younger generation, while at the same time assisting financially-stressed American families in supplementing their incomes.
Speaking to the Summer Conference of the Georgia Auctioneers Association, Seippel said that the deep recession has caused millions of American families to seek ways to bolster their financial situation. Quoting a Merrill Lynch study, Seippel noted that American households own more than $4 trillion worth of consumer durable goods, many of which can be turned into cash. “Baby Boomers—and their parents—are shedding or transferring assets as they downsize,” said Seippel.
“We’re talking about the silverware, the old antique couch in the basement, and unwanted or expensive art,” Seippel said. “As the Merrill Lynch economist noted, we’re seeing the beginning of what’s going be a giant, nationwide yard sale. And beyond that, we’re evolving from a culture of consumption to a culture of frugality.”
Seippel told the group that the WorthPoint initiative will make information from participating auction houses available to everyone; help families better understand, identify and value items they own and how to buy, sell or preserve them; plus it will help auction houses broaden the marketing of their services to reach more trading partners.
“Globally, more than 100 million people are involved in collectibles, a market that’s been estimated at $150 billion,” Seippel said. He went on to describe the WorthPoint Web site as a “Go To” resource that will contain 100 million antiques’ and other collectibles’ realized prices along with almost one billion pictures by the end of 2010. “We aggregate and classify data from more than 500 auction houses and eBay; additional resources we offer include more than 50 subject matter experts—“Worthologists”—who have thousands of years of domain experience.”
Asked to describe WorthPoint in 10 words or less, Seippel quipped: “We’re Bloomberg and Antiques Road Show combined.”
Atlanta-based WorthPoint Corporation (qa.worthpoint.com) is an Internet-based information and media company that offers a vast database of sales records on art, antiques and collectibles. Founded in 2007, WorthPoint has quickly become the world’s largest resource for researching the worth of these items. WorthPoint helps collectors understand the worth of their items and provides expert advice from its international team of Worthologists on how to preserve or sell them. Last fall, WorthPoint acquired Dublin, Ohio-based GoAntiques, the oldest antiques-and-collectibles site on the Web. More recently, WorthPoint signed a seven-year partnership agreement with Terapeak, the industry leader in eBay research and education.
WorthPoint—Discover Your Hidden Wealth
Join WorthPoint on Twitter and Facebook.
May 12, 2009
Atlanta-Based WorthPoint to Present at Mid-Atlantic Venture Association Investment Conference
ATLANTA–(BUSINESS WIRE)–Atlanta-based WorthPoint Corporation is one of 32 early and expansion-stage technology companies selected by the Mid-Atlantic Venture Association to present at its flagship investment conference, “Capital Connection ’09″, May 26-27, at the Mandarin Oriental Hotel, Washington, DC. WorthPoint Founder and CEO Will Seippel make the WorthPoint presentation.
Founded in Northern Virginia in April 2007, WorthPoint moved its headquarters to the Advanced Technology Development Center (ATDC) at Georgia Tech in April 2008. WorthPoint has quickly become the world’s leading online resource for making money from art, antiques and collectibles. The WorthPoint Web site (qa.worthpoint.com) attracts more than one million visitors a month.
The company’s core asset is called the “Worthopedia.” It is the industry’s premier collectible database, with tens of millions of item and price records drawn from a wide range of venues including eBay, GoAntiques, TIAS and leading auction houses. WorthPoint provides anyone with an interest in art, antiques, and collectibles with comprehensive yet simple tools for valuing, buying, selling, networking, learning and making a profit (see qa.worthpoint.com/welcome).
WorthPoint recently signed a multi-year agreement with Victoria, British Columbia-based Terapeak, which provides eBay sellers and buyers with data that helps optimize their efforts — such as average pricing and sell-through rates by various categories. Under the agreement, Terapeak provides WorthPoint with eBay’s daily sales of antique and collectible items for inclusion in WorthPoint’s database.
The companies that applied to present at “Capital Connection ’09″ were selected on the basis of their product or service solution quality; scalability of the enterprise; potential market size; management team experience and capability; and technical as well as domain expertise. Each company will have an eight-minute slot for presenting to an audience of investors and advisors, along with the opportunity to schedule on-site meetings and exhibit at the two-day conference.
As it has done for more than twenty years, “Capital Connection” will bring together the broad community of entrepreneurial companies and potential partners to help further enhance business and economic growth. Opinion leaders from business and government will be on the program along with technology companies at all growth stages that will be showcasing their capabilities to a nationwide audience of investors, advisors, partners, and entrepreneurs.
The Mid-Atlantic Venture Association represents private equity and venture capital firms with investment interests in the mid-Atlantic and beyond, entrepreneurs, and their strategic partners. MAVA provides a wide range of programs, information and forums designed to stimulate revenue and company growth, facilitate quality deal flow, encourage collaboration, and foster relationships among entrepreneurs, investors, strategic partners and customers. Membership includes more than 500 venture capital professionals representing nearly 125 firms with collectively more than $100 billion in capital under management.
Will Seippel Receives George Mason University School of Management Distinguished Alumnus Award
FAIRFAX, Va.–(BUSINESS WIRE)–Will Seippel, Founder and CEO of Atlanta-based WorthPoint Corporation, has been given the George Mason University School of Management Distinguished Alumnus Award for 2009.
Seippel, who received his B.S. in Business Administration from the School of Management in 1978, was recognized for “his leadership and business acumen, economic impact and entrepreneurship, commitment to global awareness and service to the School of Management.”
In presenting the award, School of Management Dean Richard J. Klimoski said: “Will Seippel received this award after a very thoughtful review of the many outstanding SOM alumni who were nominated this year. He has had an impressive professional career, he embodies the Mason spirit of entrepreneurship and he has given back to the School of Management in so many ways.”
“Will has used his education at Mason to the very best advantage, allowing him to succeed throughout his career, negotiating more than 20 company acquisitions, restructuring complex financial transactions, raising more than $5 billion in capital, twice winning Institutional Investor magazine’s prestigious ‘Deal of the Year’ Award and offering guidance to the School of Management. Will’s outstanding qualities as a leader, manager, entrepreneur and the SOM Dean’s Advisory Board member have made him our Distinguished Alumnus of the year.”
Prior to founding WorthPoint in 2007, Seippel served as Chief Financial Officer for MIVA; Vice President and Chief Financial Officer for AirGate PCS; Chief Financial Officer and Chief Operating Officer for Digital Commerce Corporation; Chief Financial Officer for Global Telesystems Groups, and Chief Financial Officer for Landmark Graphics Corporation. In addition to his B.S. degree from George Mason University, Seippel holds an M.B.A. from American University.
WorthPoint (qa.worthpoint.com) is an online community dedicated to antiques, collectibles, memorabilia, and the valuation of rare items. In today’s difficult economy, household items can be important financial assets. WorthPoint helps people valuate, buy and sell items with precision by providing expert advice and analytical tools, access to the world’s largest price database and leading auction houses, inventory from thousands of antique dealers and a collecting community more than 350,000 strong. Founded in 2007, the WorthPoint Web site now receives more than one million visitors a month.
WorthPoint Offers 14-Day Free Trial Membership; Cites Benefits in Tough Economic Time
ATLANTA, April 1, 2009 — WorthPoint (qa.worthpoint.com), the world’s leading online resource for valuing, transacting and sharing information about art, antiques and collectibles, has introduced a 14-day free trial subscription – featuring access to the “Worthopedia” — its premier database with tens of millions of item and price records, the industry’s largest.
“WorthPoint provides anyone with an interest in art, antiques, and collectibles with comprehensive yet simple tools for valuing, pricing, buying, selling, networking, learning and making a profit,” says Will Seippel, Founder & CEO of WorthPoint.
“The free trial membership will appeal to dealers, collectors, auctioneers and auction houses, but it can be especially helpful to families who are thinking about monetizing their high-end household assets in these difficult economic times,” says Seippel. “Many families are searching for alternative sources of income. Research shows that American households own more than $4 trillion of consumer durable items, from silverware to furniture, crystal, coins and art.”
People can choose their free trial at any one of three membership levels. All include various versions of a “Facebook type” profile page and networking tools along with other benefits as follows:
> Basic membership, at $9.99 per month or $99.99 pre-paid annual – includes a “find-a-business” directory listing; five simultaneous classified ads, and 15 Worthopedia item/price look-ups per month.
> Professional membership, at $24.99 per month or $249.99 pre-paid annual – includes a premium find-a-business directory listing; 20 simultaneous classified ads, and 60 Worthopedia item/price look ups per month.
> Power membership, at $49.99 monthly or $499.99 pre-paid annual – includes a premium find-a-business directory listing; 40 simultaneous classified ads, and unlimited Worthopedia item/price look-ups.
The Basic membership is targeted to consumers and casual collectors; the Professional level to the majority of active dealers, collectors and auction community members; and the Power level to high volume/high end transaction participants. In addition to using the Worthopedia, members can take advantage of advice from the company’s expert Worthologists on how to preserve, buy or sell antiques and collectibles. Members can also determine and access the best venues for buying or selling their items through the WorthPoint site plus share their knowledge and promote their businesses through its online communities.
Seippel says “by sharing our knowledge, providing reliable data, and creating a fair marketplace for buyers and sellers, the WorthPoint community has brought and will bring thousands of new people into the collecting world. In addition, our subscription model allows anyone to determine how our tools and information can help them before they make any financial commitments. We believe it’s the best way to serve those who are passionate about art, antiques and collectibles.”
Atlanta-based WorthPoint recently signed a multi-year agreement with Victoria, British Columbia-based Terapeak, which provides eBay sellers and buyers with sales data to help target the best products to sell and other information such as average pricing and sell-through rates. Under the agreement, Terapeak provides WorthPoint with eBay’s daily sales of antique and collectible items for inclusion in WorthPoint’s database.
WorthPoint Signs Partnership Agreement with eBay Research and Education Firm Terapeak
ATLANTA–(BUSINESS WIRE)–WorthPoint Corporation Thursday announced that it has signed a seven-year partnership agreement with Terapeak, the industry leader in eBay research and education.
Victoria, British Columbia-based Terapeak, a subsidiary of Advanced Ecommerce Research Systems Inc. (AERS), provides eBay sellers and buyers with two years of trending data to help target the best products to sell, as well as 90 days of item-specific data to guide average expected pricing, sell-through rates, list timing, keyword choice and category selection.Under the terms of the agreement, AERS will provide WorthPoint with eBay’s entire daily sales of antique and collectible data for inclusion in WorthPoint’s database. In addition, Terapeak will re-sell WorthPoint’s knowledge-based products, which include expertise provided by “Worthologists” (WorthPoint’s art, antiques and collectibles experts), WorthPoint employees and related professionals with more than 2,000 years of combined domain experience that is incorporated into the database.
“We are excited to partner with Terapeak, which boasts the largest customer base for eBay research,” said Will Seippel, CEO of WorthPoint. “WorthPoint’s database already houses 30 million items, and we have become the largest repository of art, antiques and collectible data in the world. WorthPoint has data from more than 500 auction houses and millions of products sold for retail. eBay data will now complement this database, so that consumers, collectors, dealers and others will be able to accurately assess the value of most any item.” Seippel said that the partneship with Terapeak is a major element in a significant WorthPoint product roll-out slated for late January.
“Our partnership with AERS and Terapeak will make WorthPoint the world’s most comprehensive source of information on art, antiques and collectibles,” Seippel said. “We will be adding more than one billion items to our database over the course of this agreement and will make information accessible in an easy-to-use format so that people can learn more about the value of their collectibles. In these difficult economic times, people need help finding additional sources of income, and WorthPoint is the resource to help them do that.”
Commenting on the partnership, Fred Speckeen, CEO of AERS, said: “Terapeak and WorthPoint aim to develop the ultimate resource for collectors and sellers. Comprehensive new products will be created with the vision of serving the breadth of the market, from small collectibles to high-end works of art. We are excited to work with the experts at WorthPoint to offer services that answer the questions most collectibles enthusiasts and sellers ask: ‘What is this worth? Where can I buy or sell this? Which of these items are valuable?’ The combination of education, market research data and analytics will provide pinpoint responses to these concerns and more.”
Atlanta-based WorthPoint Corporation (qa.worthpoint.com) is an Internet-based data-and-media company that offers a vast database of sales records on art, antiques and collectibles. Founded in 2007, WorthPoint has quickly become the world’s largest social network for researching the worth of antiques and collectibles. WorthPoint helps collectors understand the worth of their items and provides expert advice from its international team of Worthologists on how to preserve or sell antiques and collectibles. WorthPoint recently acquired Dublin, Ohio- based GoAntiques, the oldest antiques-and-collectibles site on the Web.
About AERS / Terapeak
Advanced Ecommerce Research Systems Inc. (AERS) (www.researchadvanced.com) is a fast-growing, privately-held e-commerce data and analytics company. The company has two strategic business units, Terapeak (www.terapeak.com) and ResearchAdvanced, which deliver data and analytics based on huge transactional data sets, including eBay. Today, AERS is eBay’s only market data reseller, and has established itself as the pre-eminent provider of the most up-to-date, thorough, and relevant online marketplace statistical reporting available. Currently, AERS websites receive more than one million page views per month. For more information: www.terapeak.com
WorthPoint Adds Three Experts to Its International Team of Worthologists
ATLANTA, Dec 12, 2008 — WorthPoint Corporation (qa.worthpoint.com) today announced that it has appointed three experts to its growing international team of Worthologists.
WorthPoint Worthologists are men and women with expertise and a passion for art, antiques and collectibles. Their backgrounds include auctioneering, appraising, publishing, teaching and consulting. What all Worthologists have in common is their ability to evaluate items to determine their history, significance and worth. They all adhere to a strict WorthPoint ethical code of conduct.
The three new Worthologists are:
John Logsdon, Guthrie Center, Iowa. John is an expert in petroliana — collectibles related to gas stations or the petroleum industry. John’s father owned the Ford dealership in his small town of Guthrie Center, Iowa. Many years ago, John was given a small automotive or gasoline advertising sign (he doesn’t quite remember which now) by a service station owner. That sign spawned an interest in collecting gas pumps, globes and signs made of wood, tin, porcelain, and even neon. John traveled throughout the Midwest looking for the special, the unknown, or the collectible.
John and two partners established the Iowa Gas Swap Meet and Auctions in 1986. After 22 years, it is regarded by collectors as the premier oil and gas collectible show in the U.S. John is a life member of the Antique Auto Club of America. His collection of vintage petroliana has been featured on “Home Matters” on the Discovery Channel.
Larry Kellogg, St. Petersburg, Florida. Larry is an expert in circus memorabilia. For more than 35 years, Larry has had a close association with the Ringling Circus Museum in Sarasota, Florida. The museum is part of The John and Mable Ringling Museum of Art, the official State Art Museum of Florida. In 2005 Larry and his partner were awarded a contract as consultants for the Tibbals Learning Center, which doubled the size of the Ringling Circus Museum. The center houses an interactive circus exhibition including rare circus lithographs and the Howard Bros. Circus, the largest miniature circus in the world.
Larry collects historical circus memorabilia, including books, posters, programs, couriers, heralds, photos, route books, route sheets, documents, letterhead and many one-of-a-kind items. He is a member of the Circus Historical Society and the Circus Fans Association of America.
Zoran Stamenic, Fairfax, Virginia. Zoran is an expert in Oriental rugs and textiles. Zoran, born in Serbia in 1955, spent his early professional life working in TV and film production while investing his hard-earned money into a collection of antique, Oriental tribal weavings and books about them, a passion he picked up during childhood from his grandfather, a wool monger and a carter.
A serious collector and dealer, Zoran buys, restores and preserves some of the most beautiful and important Oriental rugs of the 19th and early 20th centuries. Zoran promotes the use of tribal and village textiles in home design and decoration as a way of preserving this rich cultural legacy of the Orient. He is a recognized specialist in the preservation of antique and Oriental weavings who is equally at home in the bazaars of Istanbul as he is at antique shows in the United States and Europe.
Atlanta-based WorthPoint Corp. is an Internet-based data-and-media company that offers a vast database of sales records on art, antiques and collectibles. Founded in 2007, WorthPoint has quickly become the world’s largest social network for researching the worth of antiques and collectibles. WorthPoint helps collectors understand the worth of their items and provides expert advice from its international team of Worthologists on how to preserve or sell antiques and collectibles. WorthPoint recently acquired Dublin, Ohio-based GoAntiques, the oldest antiques-and-collectibles site on the Web.