Atlanta-based WorthPoint, a data and media company that offers a database of sales records on art, antiques and collectibles, announced it plans to acquire Dublin, Ohio-based GoAntiques, an online network for buying and selling antiques and collectibles. With 100 million avid collectors around the world and the global collectibles market estimated at $150 billion a year, combining two of the premier Web sites was just common sense for the two companies.
Founded in 2007, WorthPoint has quickly become the largest social network for researching the worth of antiques and collectibles. WorthPoint offers a multimedia experience that helps collectors understand the worth of their items, and provides expert advice. Members can share their knowledge and create online collecting communities. Founded in 1994, by Kathy Kamnikar, as Antique Networking, GoAntiques offers 600,000 items from more than 1,300 dealers in 31 countries and the world’s largest antiques and collectibles price guide. GoAntiques logs nearly a million visits and has more than 350,000 registered members.
“GoAntiques is a perfect fit for WorthPoint. Our acquisition of GoAntiques will accelerate our growth by introducing the antique-dealer community to WorthPoint,” said Will Seippel, founder and CEO of WorthPoint Corp.
GoAntiques’ Kathy Kamnikar said, “Fifteen years ago my dream was to serve the antiques market. With Jim as president we’ve come a long way and now with WorthPoint we can go even further.”