Auction House Veterans Unveil New Data and Private Dealing Platform

May 5, 2021
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Auction House Veterans Unveil New Data and Private Dealing Platform

BY MARION MANEKER

May 5, 2021 1:32pm


Now a group of former auction house heavyweights, including Sotheby’s former Chief Operating Officer, Adam Chinn, think they have a solution to the private market problem.

LiveArt envisions a world where owners have their art pre-loaded on LiveArt (that’s the dashboard that gives you the mark-to-market valuation (via machine learning)) for your works. With the push of a button, say when the bidding gets fruity at auction, the owner can make the work available to buyers without burning it.