Sotheby’s Australia, Keno and Bruun Rasmussen Partner with Artfact for Live Auctions

Published January 28th, 2010


Artfact is pleased to announce the addition of three premier auction houses to the Artfact Live! platform. The addition of Sotheby’s Australia (Sydney, Australia), Keno Auctions (New York, USA) and Bruun Rasmussen (Copenhagen, Denmark) to Artfact’s roster of exclusive live auction partners reflects the expansion of Artfact Live! as a truly global live auction platform. Artfact president, Rod Funston, commented on Artfact’s growth, “As we carry out our business expansion in 2010, I look forward to reinforcing Artfact and Invaluable’s unassailable position as the world’s leading online platform for “top-shelf” international auction houses.”

Sotheby’s Australia – Sydney, Australia
Sotheby’s Australia, formerly operating as Bonhams & Goodman in Australia, is headed by Tim Goodman, Chairman and CEO of First East Auction Holdings Limited (FEAHL). In 2009, Bonhams & Goodman recorded the second highest turnover of all the Australian general fine art auction houses with sales of over AUD $27 million, including buyer’s premium. The company specializes in Australian and international art, fine Aboriginal paintings and artifacts, fine jewelry, collectors cars, sport and entertainment collectibles and decorative arts and objects. In addition to Sotheby’s Australia, other Australian houses Leonard Joel, Theodore Bruce and Bay East Auctions have also joined the Artfact Live! family of live auction partners.

Keno Auctions – New York, USA
Leigh Keno, a well-respected American decorative arts specialist formerly with Doyle and Christie’s, known for his numerous appearances on U.S. public television, will be launching Keno Auctions in New York City this year. Keno Auctions will specialize in fine estate auctions, specifically American and European paintings, fine furniture, decorative arts and jewelry. The inaugural auction will take place on May 1st in Stamford, Connecticut. The sale will feature highlights from the collection of noted scholar and antiquarian Hall Park McCullough as well as from the collection of Dr. and Mrs. Oscar Hollander.

Bruun Rasmussen – Copenhagen, Denmark
Bruun Rasmussen is one of Artfact’s top-75 houses and Denmark’s leading international auction house. Located in Copenhagen, Bruun Rasmussen generates an annual turnover of about US $100 million per year and is the fifth International Auctioneers member to join Artfact Live! as a partner. International Auctioneers is comprised of eight of the world’s leading auction houses, five of which are exclusive Artfact live auction partners: Artcurial Briest-Poulain in Paris; Porro & C. in Milan; Koller in Zurich and Geneva; Swann Galleries in New York; and now Bruun Rasmussen.

To view upcoming catalogues from these houses and other Artfact partners, visit www.artfact.com, the industry’s leading auction database. The Artfact database offers over 100,000 items upcoming at auction, more than 55 million auction price results and over 500,000 artist pages.

About Artfact
Founded in 1989, Artfact is the largest global marketplace of fine and decorative arts, antiques, collectibles, and estate auctions. On January 1, 2009, Artfact launched Artfact Live! and Invaluable Live!, its proprietary live auction bidding platforms, enabling users to bid in real-time on auctions being held around the world by its prestigious auction house partners. Currently, over 1,000 fine auctioneers actively list their catalogues with Artfact.com and its U.K. sister site Invaluable.com, reaching the Artfact community of more than 10 million knowledgeable collectors and dealers worldwide. Artfact’s industry leading database includes more than 55 million complete auction results totaling more than $200 billion in value, including information on more than 500,000 international artists. In 2006, Artfact acquired RFC Systems, the leading provider of enterprise software developed specifically for the fine art and antique auction house industry. RFC helps prestigious auction houses around the world manage their businesses by automating their day-to-day operations.

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