PostAuction.com has gone online

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13.04.2015

PostAuction.com aims to centralise all items that auction houses around the world do not sell onto one global platform. Like this collectors get direct access to a bundled range of unsold auction house goods worldwide and auction houses the chance to potentially increase their revenue. The beta-version was launched with items from the Swiss auction houses Schuler Auctions and Koller Auctions.

Globally an average of 35 % of auction house goods are not sold during auction and then are no longer a focus for auction houses. What happens to these collectibles? Should they not be sold at a local after-auction sale, these unsold lots are either picked up by the sellers or disappear in the auction houses’ storages. In both cases auction houses earn no money and make a loss.

PostAuction.com works as an additional sales channel for premium auction houses and markets only the unsold and stored items. Treasure hunters thereby have a centralised platform to browse after-auction sales of the 25’000 auction houses worldwide. Today the first step toward this vision has been made in Switzerland!

At Postauction.com buyers can find the complete gamut of fine works from furniture, collectibles jewelry, fashion and museum quality paintings. All these items are already vetted and authenticated by auction house experts and have a 2 year authenticity guarantee. Whats more is that all items are sold at a fixed price and, unlike most auction houses, PostAuction.com shows real-time shipping prices – a first in this sector.

The beta-version was launched with items from the Swiss auction houses Schuler Auctions and Koller Auctions – one of the ten most important auction houses in the world.

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