PRESS RELEASE ARTVIATIC oct2013

PRESS RELEASE

ART MARKET

ARTVIATIC PUBLISHES PROMISING FINANCIAL RESULTS
AFTER ITS FIRST YEAR
Monaco, 15 October 2013 – ArtViatic.com, the first international platform for private
sales of exceptional artworks, announces a transaction volume of €4.1 million in its first
year, topping the leaderboard for online private art sales. Highlights include works by
Max Ernst, Karl Schmidt-Rottluff, Serge Poliakoff and Victor Brauner negotiated
between buyers and sellers from Monaco, Germany, the United Kingdom, France,
Switzerland, the United States and China.
For the past year, ArtViatic has been winning over collectors worldwide with its innovative
concept. For the first time ever, the platform puts buyers and sellers in touch without the need
for intermediaries, so that they can negotiate openly, free from the pressure of outside parties.
Born of the experience and expertise of art specialists, ArtViatic is an innovative tool
designed like an exclusive social network that offers its members access to a catalogue of
exceptional, certified and authenticated works 24/7 all year round, from anywhere in the
world. In just a few months, ArtViatic's attractive low commissions, bespoke services, highend security, and rigorous screening by experts have attracted collectors and gallery owners
who for the most part had never previously considered the Internet.
ArtViatic offers new perspectives for sellers, as testified by a Swiss dealer who regularly
attends international art fairs such as Tefaf and the like, after he sold an Impressionist work
on ArtViatic last June: I would never have thought of selling a work on the Internet,
especially not one worth €800,000. I put a work up for sale on ArtViatic and in less than
two weeks it had a buyer. I didn't incur any shipping fees, whereas fairs cost me anywhere
from €60,000 to €150,000 and with auction houses the seller premiums are much higher
than the 3% that ArtViatic charges!
The fixed 3% commission is also very attractive for buyers. In comparison, auction houses
charge buyer premiums of around 12% to 25%. And that is not all: experienced and young
collectors alike find ArtViatic's unique model very reassuring, because Antoine Van de
Beuque and his team have chosen to maintain the physical relationship with the artwork by
offering buyers the possibility of viewing the works they are interested in before confirming
their purchase.
Antoine Van de Beuque explains: We felt it was important that we didn't dematerialize
everything totally. With over 35 years in the business, I know the art market and I understand
the behaviour of its players – I am also familiar with its failings. ArtViatic solves a number
of issues by making the art market more fluid, more transparent, and safer. Thanks to the
Internet, we can put buyers and sellers in touch directly. Without intermediaries, and

therefore without outside pressure, each party is presented with the best conditions and
environment to negotiate in their own interests.
Thanks to the Internet, we have been able to reduce our fixed costs and lower our
commissions without sacrificing key investments such as hiring talented, dynamic
professionals. At a time when the big auction houses are raising their premiums to maintain
balances, we did not want to simply reinterpret a pre-existing financial model, but rather
create a new concept, which has already proven its worth – in under a year!
ArtViatic, a platform that brings together high-end collectors, has a catalogue of
paintings, works on paper, and sculptures worth over €150,000 by Impressionist,
Modern and Contemporary masters. Works by the following artists are currently listed
in the ArtViatic online catalogue: Auguste Rodin, Pierre Bonnard, Emil Nolde, Albert
Marquet, Gabriele Münter, André Derain, René Magritte, Pablo Picasso, August
Macke, Manolo Valdès, Richard Prince, A.R. Penck, and many more.
For other enquiries, please contact ArtViatic's Head of Communications, Anne-Hélène
Decaux by email (ahd@artviatic.com) or by phone (+377680865903).