The First Art Newspaper on the Net   Established in 1996 Friday, May 14, 2021


ARTBnk launches new auction sales database
A thumbnail view of Keith Haring in ARTBnk’s Auction Sales Database.



NEW YORK, NY.- The team at ARTBnk—the fintech startup based out of New York and New Hampshire—is excited to announce the launch of the ARTBnk Auction Sales Database, a game-changer for collectors, dealers, auction houses, and other art world professionals who want access to reliable market information at an affordable price. The new fine art pricing database is available on an unlimited basis for all ARTBnk members at a nominal fee—just $10 per month—in contrast to most traditional pricing databases that impose limits on the number of searches.

In a first for the industry, ARTBnk employs a team of both data and domain professionals to verify and review all lots before they are accepted into the system. This allows them to identify any potential errors (47 different spellings of Picasso, for example) and standardize the language used to express mediums for ease and fine tuning of searches. It also allows the database to power ARTBnk’s artificially intelligent valuation system, ARTBnk Value, which can be used to quickly and objectively generate the real-time fair market value for past sales or user-uploaded works.

ARTBnk’s database contains detailed information including high-resolution images, sale history, exhibition information, a direct link to the auction house site, and more for all lots at the world-wide locations of vetted first and second tier auction houses. The database is focused on tracking the auction market itself with a focus on tradeable art and reputable artists—it contains 20+ years of auction history, and growing daily with over 3,000 upcoming lots being added this month. ARTBnk is constantly incorporating lots from upcoming sales which are available to customers in real-time through ARTBnk’s unlimited “Auction Alerts” feature.

To learn more and gain access visit www.artbnk.com.










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