WorthPoint President and CEO Will Seippel spoke at the Summer Conference of the Georgia Auctioneers Association and explained his company's initiative to make information from auction houses available to consumers to help them better understand, identify and value items they own and how to buy, sell or preserve those items. Seippel told the auctioneers that the WorthPoint service helps auction houses broaden the marketing of their services to reach more trading partners.
He went on to describe the WorthPoint website 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."
"Globally, more than 100 million people are involved in collectibles, a market that's been estimated at $150 billion," Seippel said. "We're Bloomberg and the Antiques Road Show combined."
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WorthPoint President and CEO Will Seippel spoke at the Summer Conference of the Georgia Auctioneers Association and explained his company's initiative to make information from auction houses available to consumers to help them better understand, identify and value items they own and how to buy, sell or preserve those items. Seippel told the auctioneers that the WorthPoint service helps auction houses broaden the marketing of their services to reach more trading partners. 