Invaluable and Mearto, two online appraisal organizations making it easier to determine what to buy and sell online pertaining to artwork and other selected treasures in need of appraising, have announced a partnership.
Invaluable Executive Vice-President Scott Miles (partnerships and emerging markets) stated in a press release that the partnership will provide a convenient, sought-after service for Invaluable customers who are interested in buying and selling their artworks and other treasures online.
Under the partnership agreement, which launches March 1, Invaluable will offer customers access to online art appraisal services powered by Denmark-based Mearto for a modest fee.
“It will also help auction house partners connect with new potential customers and win consignments,” Miles said in the release. “Last year, Invaluable received more than 15,000 requests for appraisals from private sellers and that number continues to grow.
“Mearto connects private sellers with professional auction specialists online, providing appraisals within 24 to 48 hours and an opportunity to talk with an expert and ask follow-up questions,” Miles added. “It’s easy and will give people seeking appraisals great confidence in the process. On the flip side, it will help auction houses connect with potential new clients and win consignments. We look at it as a win for everyone.”
As of Jan. 1, the release said, Mearto had appraised more than 35,000 items, helping set the value for items including fine art, jewelry, antique furniture, design and silver objects from major artists including Francis Bacon, Jean Michel Basquiat, Henri Matisse, Jeff Koons, Yayoi Kusama, Marcel Breuer, George Nakashima, Roy Lichtenstein, Egill Jacobsen, and Andy Warhol.
“A new generation of auction sellers wants a faster online approach to art appraisals as well as technology to help them connect and consign with the right auction house,” said Mads Hallas Bjerg, co-founder of Mearto.com