artnet is the leading place to buy, sell, and research Fine Art, Design, and Decorative Art online.
artnet offers an integrated range of information and transaction services. The fastest growing artnet product is artnet Auctions, which offers quick transactions at low costs. With 24/7 worldwide bidding, artnet Auctions is the first online platform for buying and selling Modern and Contemporary paintings, sculptures, photographs, prints, and more. Over 18,000 registered buyers and sellers in over 100 countries make artnet Auctions the online destination for buying and selling Fine Art.
The artnet Price Database, the most comprehensive, color-illustrated archive of Fine Art, Design, and Decorative Art auction results worldwide, provides objective information and insights on art prices. The database includes auction results from more than 1,400 international auction houses and covers over seven million auction results for works by more than 270,000 artists, ranging from Old Masters to Contemporary artists. The artnet Price Database Decorative Art includes auction records for a wide range of Antiques and Decorative Art, including furniture, porcelain, ceramics, glass, rugs, carpets, clocks, jewelry, and books. With these discreet tools, users can determine what they should pay for a work of art, the value of their collection, and the right time to buy or sell.
artnet’s newest product is artnet Analytics, an analysis of Price Database data. artnet Analytics allows users to benchmark the market performance of artists, art categories, and customized sets of artworks against financial indices, such as the S&P 500 and Dow Jones, or other alternative assets such as gold. artnet Analytics covers over 840 artists from a variety of collecting categories, such as Impressionism, Latin American Art, Contemporary Art, and Chinese Contemporary Art.
One of the company's most established products is the Gallery Network, which features 1,700 galleries from 60 countries and approximately 170,000 artworks by nearly 35,000 artists from around the globe. The largest network of its kind, the Gallery Network provides art dealers and buyers alike with a survey of the market and its pricing trends, as well as the means to communicate instantly, inexpensively, and globally.
artnet.com AG was incorporated under the laws of Germany in 1998. The following year, Management took the company public on the Neuer Markt of the Frankfurt Stock Exchange. In 2002, artnet.com AG changed its name to artnet AG. Its principal holding is its wholly owned subsidiary, Artnet Worldwide Corp., a New York corporation that was founded in 1989. On October 4, 2002, artnet AG left the Neuer Markt and is now listed on the Geregelter Markt of the Frankfurt Stock Exchange.
artnet AG and Artnet Worldwide Corp. (collectively, “the Company”) operate under the trade name artnet, which provides art professionals with services that improve the economics of their businesses. The art business is international; however, it is conducted locally by tens of thousands of geographically dispersed dealers, galleries, auction houses, print publishers, museums, and collectors, resulting in a relatively inefficient marketplace. Observing this inefficiency, artnet developed its first product, the artnet Price Database, to bring price transparency to the art market. Today, it has a broad base of customers dominated by major auction houses, art dealers, museums, and insurance companies. In 1995, artnet transitioned the artnet Price Database to the Internet, and introduced a second product, the Gallery Network, designed to build and host websites for art dealers and galleries. Today, artnet provides its member dealers with critical global market access, significant incremental revenue opportunities, and cost-effective marketing solutions.
In 2008, artnet grew from a B2B stalwart to a C2C marketplace with its addition of artnet Auctions, the first online auctions platform exclusively for Fine Art.
The artnet information services provide a knowledge edge for artnet Auctions. The players participating in the auctions are potential new buyers in the Gallery Network, as well as potential new subscribers to other artnet products. On artnet Auctions, the art collectors can not only purchase artworks, but also sell.
Representing the entire art market online, artnet provides the best and latest information to its customers, allowing them to make decisions critical to the success of their businesses quickly.
artnet is a brand known internationally to stand for trust and transparency, and its services have set new standards in the global art market. The scale of artnet’s customer base and its worldwide reputation as a reliable provider of art trade services are decisive factors in its success.
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