The eBay data provided by Advanced will be incorporated into WorthPoint’s ‘Worthopedia’ database of antiques and collectibles.

Tuesday, 17 May, 2011 – WorthPoint  – the on-line resource serving the global antiques and collectibles community – has announced that it has reached an agreement with Advanced E-Commerce Research Systems (Advanced) to acquire transaction data on antiques and collectibles bought and sold globally through eBay. 

The eBay data provided by Advanced will be incorporated into WorthPoint’s ‘Worthopedia’ database of antiques and collectibles transactions and will immediately add historical and ongoing information on price, description and images from approximately 150 million transactions to the existing market data from GoAntiques.com, TIAS, and many of the world’s leading auction houses already available at WorthPoint. Advanced E-Commerce Research Systems is the sole authorised re-licenser of eBay market data, and provides custom market insights that benefit a range of clients, from international corporations to individual power sellers on eBay.  Advanced also produces Terapeak for eBay (www.terapeak.com), the market-leading SaaS eBay research tool for all online sellers.The agreement between Advanced and WorthPoint makes the ‘Worthopedia’ database the most comprehensive price information resource available on-line for the antiques and collectibles market.Announcing its agreement with Advanced, WorthPoint CEO, Will Seippel, said:  “Our agreement with Advanced is a major milestone in our plan to create the number one web resource for anyone wishing to establish the value of an antique or other item for collecting, investing or selling. This will support buyers and sellers to establish the value, or worth, of an item by referencing hard data from actual transactions and will allow them to trade with confidence – on line or in the auction house.”Advanced E-Commerce Research Systems CEO Fred Speckeen also commented on the agreement: “We are pleased to be continuing and developing our WorthPoint partnership; a partnership that is creating the ultimate resource for collectors and sellers. “In addition to the ‘WorthPoint’ transaction database, WorthPoint also provides the option to consult recognised experts in the antiques or collectibles field. ‘Worthologists’ will offer WorthPoint members knowledge and insights,  research items, helping to establish their provenance, and offer views on pricing.WorthPoint CEO, Will Seippel, said:  “We see the range of services available at Worthpoint.com, which includes opportunities to connect with other collectors, learn about items of special interest, including notifications of events and exhibitions, as appealing to every level in the antiques and collectibles market including private collectors, the antiques trade and once-off buyers or sellers who need to learn about a particular item and establish its price, or worth. “About WorthPoint (http://www.worthpoint.com):

WorthPoint is the on-line resource dedicated to supporting communities interested in antiques and collectibles. WorthPoint has the most comprehensive database of buy and sell transactions in antiques and collectibles available on-line, and incorporates eBay market data. The ‘Worthopedia’ database can help establish the value of an item with reference to hard transaction information and supports users to buy and sell with confidence. WorthPoint also provides information and insights on collectible items through the opportunity to connect with other collectors, consult WorthPoint experts, or ‘Worthologists’, and with the deep repository of on-line articles and other information on antiques and collecting. WorthPoint is a user subscription service with subscriptions available from $9.99 per month.About Advanced E-Commerce Research Systems (www.researchadvanced.com):

Advanced is a leader in ecommerce market research and payment analytics, and is the sole authorized re-licensor of eBay data globally. The company provides custom insights as well as Terapeak-branded SaaS, technology-enabled solutions to e-commerce merchants around the world.  Currently aggregating over 20% of all online commerce sales data, Advanced helps merchants make faster, more-profitable business decisions based on real-time market trends, pricing, and transaction data.

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