John-Paul Savant, Auction Technology Group CEO, interview with BBC from ECI Partners on Vimeo. ...
News & Press releases
Auctioneers cashing in on urge to Flog It!
The growing and seemingly irresistible urge of Middle England to pick out a family heirloom and flog it has driven a boom in smaller, regional auction houses.
The craze, popularised and encapsulated by the BBC valuation and sale series Flog It!, has highlighted a market otherwise dominated by the London’s Big Four auctioneers of Sotheby’s, Christie’s, Bonhams and Phillips.
Yet while they dominate the multimillion-pound world of fine art and antiques, they have left much of the lower-hanging fruit to provincial auctioneers.
Lot-tissimo becomes part of Auction Technology Group
Last week Auction Technology Group (ATG) acquired the German art & antiques portal Lot-tissimo.com.
Founded in 2002 by Jörg Wisniewski, Lot-tissimo is based in Hamburg, Germany. Initially focussed on auctions in Germany and Austria, the portal now lists art and antiques auctions from across Europe. In 2010 Lot-tissimo collaborated with ATG and launched its own Live Bidding service utilising technology provided by Auction Technology Group.