The first half of 2018 has been very successful for auction houses on the Invaluable marketplace, with double-digit growth across a range of benchmarks. The three most successful months in company history, with record numbers of buyers and lots sold, came this spring – March, May and June. We’re excited to say that our projections show the strong auction market will continue through the end of the year.

Here’s a look at our 2018 results through June 30. They are year-over-year unless noted.

Traffic Growth

Invaluable has seen 18 million visits, up 30 percent.

Visits in Top 20 Cities

International Growth

International gross sales has grown by 45 percent.

GMS in Top 10 International Countries

A Record-Breaking Spring

Invaluable achieved the most successful Spring ever, with record-breaking months in March, May and June, for both record numbers of buyers and lots sold.

Category Growth

The total number of lots sold on Invaluable climbed 25 percent. Lots sold in eight top categories – fine art, collectibles, Asian art & antiques, furniture, jewelry, decorative arts, wine & spirits, and dolls, bears and toys – are all up this year; in some cases, dramatically. For example, the number of lots of fine art sold rose 45 percent, collectibles 31 percent and Asian art & antiques 43 percent. Subsequently, the number of unique buyers on Invaluable increased 21 percent.

Lots Won in Top Categories

Other 2018 Highlights

Top Five Lots for Spring 2018

These are the top five lots, in our leading categories, sold by value in the first half of 2018.

Fine Art

Salvador Dalí (1904 – 1989)
Dream of Venus
Sold: $260,000

Sotheby’s
May 15, 2018
New York, NY, US

Collectibles

The important stunt cuirass worn by Russell Crowe in the scene depicting the death of the character, ‘Maximus’, in the film, Gladiator
Sold: $95,975

Sotheby’s Australia
April 7, 2018
EVELEIGH, Australia

Asian Art & Antiques

Pair Chinese Porcelain Covered Boxes
Sold: $100,000

Schwenke Auctioneers
June 6, 2018
Woodbury, CT, US

Jewelry

OROLOGIO ROLEX “PADELLONE” IN ORO ROSA
Sold: $90,254

Pandolfini Casa d’Aste
May 30, 2018
Florence, Italy

Furniture

Jean Royere (1902 – 1981)
GRAND OEUF (EGG) Lounge Chairs
Sold: $95,000

Palm Beach Modern Auctions
March 3, 2018
West Palm Beach, FL, US

The Invaluable App launched on Android

Invaluable launched the Invaluable app on Android, now available at Google Play Store. This expanded the company’s suite of mobile bidding options, which also includes the Invaluable app for iPad and iPhone and mobile-optimized website. Nearly 40 percent of all site traffic is now from mobile devices.

U.S. Utility Patent secured by Invaluable

Invaluable secured a U.S. Utility Patent on live auction bidding console technology that will streamline auction house operations – allowing auction houses to promote, market and advertise upcoming catalogs to multiple marketplaces and see all bidding filter through a single clerking console. We envision a far simpler and more efficient future in which auction houses can upload a catalog to Invaluable and list with all marketplaces. The goal: one listing fee, one upload, one approval process, one registration and one clerk.