The online art valuation website ValueMyStuff, started in 2010 by former Sotheby's director Patrick van der Vorst, was purchased by Swedish auction group Barnebys. Barnebys founder Christopher Barnekow said the need for online paid-for valuations is growing and the number of people who use auctioneers to trade in the secondary market, currently under 5%, will double over the next 10 years. ValueMyStuff was originally bought by Auctionata in 2015, but after its collapse the administrators sold the platform to back to its founder for £120,000 ($152,500).
The online art valuation website ValueMyStuff, started in 2010 by former Sotheby's director Patrick van der Vorst, was purchased by Swedish auction group Barnebys. Barnebys founder Christopher Barnekow said the need for online paid-for valuations is growing and the number of people who use auctioneers to trade in the secondary market, currently only 5%, will double over the next 10 years. ValueMyStuff was originally bought by Auctionata in 2015, but after its collapse the administrators sold the platform to back to its founder for £120,000 ($152,500).