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Going once, going twice... and so have expired auctions in the coronacrisis

classic cars, stamps, comic books, and Chinese porcelain, and you can't think of anything, or it will be sold at auction. The audience examines the object in d

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Going once, going twice... and so have expired auctions in the coronacrisis

classic cars, stamps, comic books, and Chinese porcelain, and you can't think of anything, or it will be sold at auction. The audience examines the object in detail, and the auctioneer's drumming, the audience and the highest bidder is going to do with the object, of course. The coronacrisis throws, however, a spanner in the works of such a process. How do auctions deal with this?

Online auctions are not a new phenomenon. However, there are still plenty of traditional auction houses, which are in front of the coronacrisis for decades, only in offline work, such as in the field of stamps and coins. Four times a year, we live in a physical safe, in particular in this area," says John Kund, co-owner of the Rietdijk Auction. "It had to be at the helm, after a hundred years of zaalveilingen to be."

And it did. It is a traditional auction house was able to use all of the adjustments, such as the open days at the office, but an auction in the hall, will not. "Now, people are simply too close to each other. In addition, the audience is a bit older, and therefore more vulnerable. Many people are reluctant to go to such a venue to come out."

the Online auction proved to be a lot of benefits, too, according to Kund. "Well, you won't miss the excitement and the atmosphere, you're saving the buyers time and travel expenses. In addition, as people sat at home more. That gave us 20 per cent more veilers, and we increased our turnover by an average of about 10 percent of the time."

through a live stream < / p> as Well as arts and antiekveilinghuis the rest of The food, and The Sun was just a switch. "With four thousand square feet of surface area, our showroom is the largest in Europe," says Nick Landwaard, auctioneer and valuer.

' By auction, sometimes by a thousand objects, from antique to modern. Normally, we will organise four open days, now has eight offers, time slots, and routes. As a whole to adapt, but fortunately it is at least as good."

The offer will take place through the market: "As an auctioneer, I am still in the room, but without an audience. Those who are interested can log on and bid."

even Though the auction is in april and passed it had to be by June, the crisis is having no negative impact on sales. "It's remained relatively stable, as well as, the average percentage of sales for the whole auction," says Landwaard.

Online veilingwereld momentum

Then of course there are also the auction houses that will never be different to online have been. Thus, it is in the Netherlands Catawiki ten years ago, it began as a start-up business, and is now the most-visited European auction platform for a variety of items: comic books, classic cars, and watches.

According to Frederick, the Bear, the director, has moved to the veilingwereld already for some time on the internet. "Due to the corona is accelerated. Also, the range of hard at the moment; a lot of professional service providers were not able to continue in their gallery or at an art fair. Also, the names of people at last to the attic to clean up. On the demand side, we see the same, with less to enjoy more time for hobbies."

of The crisis, the company no money. "Normally, we deal with a 25 per cent growth in sales every year. If the current coronatrend it would continue, it would double in size. The peak will undoubtedly be cut, but we would expect there to be structural and to continue taking advantage of people, the benefits of online have found out," predicts The Show.