A large potion of Auctionatas holdings is going under the hammer in Berlin and Cologne this week, marking perhaps the final chapter in the companys tumultuous five-year history. The sales, which come five months after the German online art auctioneer began insolvency proceedings (the German equivalent of bankruptcy) in January, offer new insight into Auctionatas business modeland eventual demise.
More than 1,500 lots from the bankrupt startup, ranging from fine wine to porcelain to Modern and contemporary prints, have been consigned to the Cologne-based auction house Van Ham by a major creditor. They will be sold in six separate auctions over three days (June 2830).
A much larger portion of Auctionatas remaining inventory is…
Read the full article at: https://news.artnet.com/market/auctionata-inventory-auctions-1003754
