WorthPoint Launches New Web Site for Collectors
"WorthPoint in a Position to Revolutionize the World of Collecting"
RESTON, Va. (Business Wire EON) November 27, 2007 --
WorthPoint Corporation today launched WorthPoint.com, a new Web site
that promises to greatly simplify the way collectors can find and share
information about the items they own or want to buy and sell, from art
and antiques to furniture, china and glassware, and from coins, stamps,
model cars and trains to flags, militaria and political memorabilia.
The site, with its large database of historical and current prices,
photographs and descriptions from more than 250 auction houses, will
appeal to the growing number of collectors in America and around the
world, as well as to people who inherit something from a relative and
are not sure of the value of what they have.
Visitors to WorthPoint.com will be able to:
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Use the site's Worthopedia feature to look at the sales history of
items similar to the items they own.
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Use the Research Library to learn more about collectibles and the
world of collecting.
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Use the "Ask a Question" feature to ask the WorthPoint community for
information about their items.
-
Use the WorthPoint communities to learn or share knowledge about
collectibles.
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Search for other members of the WorthPoint community with similar
collecting interests.
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Learn about upcoming auctions and other events.
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Get advice and valuations from Worthologists, who have an average of
more than 25 years of experience in their respective fields.
Reston-based WorthPoint, founded earlier this year, has already secured
more than $2.1 million in funding. Roger Ogden, former Senior Vice
President of Design, Innovation and Strategy for Gannett Co., a leading
media and information company, says: "I have seen first hand the
significant growth of WorthPoint over the past six months and see even
greater potential for the company in the future. WorthPoint has a very
experienced and well-connected management team, strong investors and a
proprietary platform for valuing, preserving and learning about antiques
and collectibles. WorthPoint is in a position to revolutionize the world
of collecting."
Will Seippel, Founder and CEO of WorthPoint, says: "WorthPoint will be
for the collector in all of us. You might be a classic collector of art,
coins, and stamps, or a collector of early personal computers, vintage
sneakers, and comic books, or just a 'collector' who wants to understand
the worth of items you recently inherited or have been storing in the
back of a closet for years and years.
"Collecting is a passion, and the world of collecting is huge," Seippel
says. "According to the U.S. Mint, more than 140 million people around
the world collect U.S. coins. There are serious collectors, who spend
anywhere from hundreds to hundreds of thousands of dollars a year;
occasional collectors, and millions more who are new to collecting.
Collecting cuts across generational lines and national borders. And
while the market is well established in Europe and America, it is
growing at phenomenal rate in countries like China, India and Russia.
"We are confident that WorthPoint will quickly become the 'gold
standard' for comprehensive, authoritative information about
collectibles and antiques. A WorthPoint valuation will become as
important as the Good Housekeeping Seal of Approval for consumers or the
Kelley Blue Book valuation for buyers of new and used cars and trucks."
Seippel says. "Equally valuable will be the information exchanged among
the collectors who become members of our WorthPoint communities."
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