More premier auction houses partner with Invaluable
than with any other online platform in the industry.

See why.

More premier auction houses partner with Invaluable than with any other online platform in the industry.

See why.

Who is Invaluable?

The Invaluable Advantage

425,000

Bids placed each month

8.1 million

Monthly visits

$375 million

In annual hammer

$450 million

In annual underbidding value

Invaluable is the leading online marketplace and auction technology provider in the industry. We place auction houses at the heart of our mission, creating strong business relationships built on the principle of trust and an unwavering focus on continuous improvement.

Our unparalleled suite of products and services provides auction houses with custom-fit solutions for all of their needs. No other company in the industry offers the same quality of end-to-end services, which include:

Services
Advertising
5D Artwork Scanning
World-Class Customer Care
Pricing Parity

The Invaluable Advantage

425,000

Bids placed each month

8.1 million

Monthly visits

$375 million

In annual hammer

$450 million

In annual underbidding value

Invaluable is the leading online marketplace and auction technology provider in the industry. We place auction houses at the heart of our mission, creating strong business relationships built on the principle of trust and an unwavering focus on continuous improvement.

Our unparalleled suite of products and services provides auction houses with custom-fit solutions for all of their needs. No other company in the industry offers the same quality of end-to-end services, which include:

Services
Advertising
5D Artwork Scanning
World-Class Customer Care
Pricing Parity

Products

Invaluable logo

Invaluable is committed to cultivating and maintaining a marketplace of the highest quality and integrity. We partner with more premier auction houses than our top three competitors combined. Invaluable’s online sales are 31% higher and the average lot value is 66% higher than our closest competitor, according to the Art Basel Art Market Report 2019.

In 2019, we increased the number of sales hosted on our platform by 17%*. Invaluable and AuctionZip have more site traffic and a larger network of highly engaged users in aggregate than any of our competitors.

*Source: Art Basel Market Report 2020

Unparalleled Reach

Chart showing Invaluable's site traffic compared to competitors

Source: SimilarWeb, October 2019–March 2020

Invaluable Private Label Logo
Invaluable Private Label Logo

Invaluable Private Label helps auction houses advance their digital strategy with a custom designed website and mobile app powered by our patented bidding technology. This solution enables auctions houses to host online sales on their own websites and on the Invaluable marketplace, accessing Invaluable’s vast bidder network in real-time, all from one convenient location.

Invaluable provides Private Label services to 400 of the world’s leading auction houses. In 2019, our Private Label clients achieved a 42% increase in online sales*. Features include:

*Source: Art Basel Market Report 2020

Invaluable White Label catalog page on iPad and Mobile

Invaluable RFC Auction Systems Logo

Invaluable RFC Auction Systems Logo
Invaluable RFC Auction Systems auction schedule

Invaluable RFC Auction Systems helps auction houses simplify daily operations. This comprehensive auction management system provides flexible customer and inventory database management, full sale-day operations, a range of consignment tools, real-time metrics, and more.

Invaluable RFC Auction Systems seamlessly integrates with both the Invaluable marketplace and White Label services, so you can assemble your inventory, set up your auction and publish it directly to your site and to the Invaluable marketplace. With macro processing and a cloud-hosted system, Invaluable RFC Auction Systems is a swift, powerful solution designed for every device.

Services

5D Artwork Scanning

Invaluable is the exclusive global partner of ARTMYN, a Swiss technology company whose 5D scanning capabilities are revolutionizing how art is experienced, promoted and secured online. We are pleased to offer our auction houses exclusive access to this powerful tool to help win consignments, drive sales, and vastly improve the experience of buying art online.

The Benefits of Scanning Artwork

Advertising

Reach passionate collectors from around the globe with a comprehensive range of advertising services. Invaluable offers versatile marketplace ad placement for both desktop and mobile along with shared and exclusive email marketing solutions. Additional advertising services include display campaigns that place targeted ads on websites visited by bidders, including Forbes and The Wall Street Journal.

Invaluable amplify ad on The Wall Street Journal

Leaders in the Industry

The Global Auction House Summit

Recognizing its unique ability to unite auction houses around the world, Invaluable established the Global Auction House Summit in 2017 to bring together pioneers, disruptors and game-changers within the art business to foster meaningful conversations designed to propel the industry forward.

Since its inception, the Summit has convened dozens of thought-leaders in the auction industry to discuss strategies for innovation through panel discussions, special presentations and interactive sessions. This event draws on the wealth of talent and experience from all sectors of the art market, with an aim to address the needs and challenges of auction houses specifically.

The goals of the Summit are threefold:

  1. Facilitate transformative and collaborative discussions that drive growth in a rapidly changing industry;
  2. Uncover the latest technological innovations and their impact on global markets; and
  3. Create a forum for collaboration on client cultivation and engagement in new and emerging markets.

2020 Speakers and Moderators Included:

Anne Bracegirdle

Anne Bracegirdle
Senior Director, PaceX

Paul Minshull

Paul Minshull
Chief Operating Officer, Heritage Auctions

Rodica Seward

Rodica Seward
President, Tajan

Bruno Vinceguera

Bruno Vinciguerra
Executive Chairman, Bonhams

Buyer’s Premium Parity

Under this program, auction houses benefit from a tiered commission pricing model by eliminating the additional fee typically paid by online buyers. This means that no matter what method a collector uses to bid (floor, phone, online, etc.), they pay the same buyer’s premium as any other bidder.

Compared to houses that do not offer buyer’s premium parity, auction houses that have already made the switch to parity on the Invaluable marketplace have seen:

13.2%

Boost in online hammer

4.2%

Increase in bidders

6.3%

Buyer growth

13.2%

Boost in online hammer

4.2%

Increase in bidders

6.3%

Buyer growth

13.2%

Boost in online hammer

4.2%

Increase in bidders

6.3%

Buyer growth

% Increase in Results on Invaluable
Relative to Non-Parity Houses

Chart showing the growth through Buyer Premium Parity

Results Achieved by Auction Houses with Buyer’s Premium Parity

Technology and Scale

Online Bidding Patent

Invaluable is the only company in the industry with a U.S. Utility Patent on online bidding technology. Our technology enables auction houses to promote their upcoming auction catalogs on multiple marketplaces and filter all bidding through a single clerking console. This paves the way toward a simpler, more efficient future: one listing fee, one upload, one clerk, one approval and registration process — across all marketplaces.

Catalog Upload API

This integration enables auction houses to add, edit, or delete lots in timed and live sales on Invaluable, AuctionZip and Private Label sites directly from their auction management software. The Catalog Upload API improves the speed of text and images uploaded by up to three times.

Reliability and Performance

Invaluable and AuctionZip have the best performance grades and load-time rates in the industry. Latency and speed are important to fostering a high-quality and engaging bidder experience, and we offer the best-performing marketplaces when it comes to scaling globally and distributing real-time data during live auctions.

Highest Site Performance Grade

Invaluable: B 85
Competitor 1: D 70
Competitor 2: D 62
Competitor 3: D 69

Fastest Website Load Time

Invaluable: 1.3s
Competitor 1: 2.08s
Competitor 2: 1.53s
Competitor 3: 1.62s

Source: Pingdom

Privacy and Data Security

Our Information Security and Data Protection standards are second to none. Invaluable is committed to exceptional insurance, information security, and data protection standards on behalf of all of our clients.

Our Information Security and Data Protection standards are second to none. Invaluable is committed to exceptional insurance, information security, and data protection standards on behalf of all of our clients.

GDPR, Privacy Shield & PCI Compliance

Invaluable was the first in the industry to achieve Payment Card Industry Data Security Standard Compliance in January 2014. We carry the highest standards for the protection of user data, which has earned us recertification for PCI compliance year after year. We were also the first to implement Privacy Shield in March 2017, and the first to achieve GDPR compliance in May 2018, ensuring data security for bidders worldwide. Through our partnership with a leading fraud detection agency, we proactively prevent fraudulent bidders from participating in auctions.

Fraud Protection

Through global payments partners and Anti-Fraud AI tools, Invaluable boasts the lowest rate of non-payment in the industry. We protect bank and credit card information with tokenization, meaning that any sensitive information is replaced with a randomly generated token. This has led to a 100% success rate through auto-charging credit cards after the auction.

KYC Compliance

To satisfy ‘Know Your Customer’ (KYC) requirements under the EU’s Fifth Anti Money Laundering Directive’s (AMLD 5), Invaluable has partnered with Jumio, a PCI Level 1 compliant, global leader in AI-powered identity verification. We provide a bidder verification process on the Invaluable marketplace, as well as any websites powered by Invaluable White Label.

In Good Company

Our auction house clients include:

 

Discover the Invaluable Advantage

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