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iGavel expanding, opening Texas branch

iGavel recently announced plans to expand its business, by adding an office in New Braunfels, located between San Antonio and Austin, Texas. The new office will compliment the current office and exhibition space in New York, as well as the company's extensive online presence, explained Lark Mason, founder of iGavel.

NEW BRAUNFELS, Texas — With record-breaking 2014 sales totaling $19.5 million for iGavel, company founder Lark Mason is casting a wider net by expanding operations to the historic German-settled town of New Braunfels, in the heart of Texas Hill Country, between San Antonio and Austin.

The nearly $20 million figure represents combined sales for six of the larger regional


Lark Mason outside his New Braunfels, Texas, location. (Submitted photo)

associates: Elders Fine Art & Antique Auctions, in Nokomis, Fla.; Everard & Company, Savannah, Ga.; Litchfield County Auctions & Appraisals, Litchfield, Conn.; Lark Mason Associates, New Braunfels and New York; Nye & Company, Bloomfield, N.J.; and Witherell’s, Sacramento, Ca. Of that nearly $20 million, 164 lots realized more than $10,000 each, and of these, eight fetched more than $100,000 each, remarkable results not achieved by any other online auction venue.

“I am thrilled to open a new iGavel office in the Texas Hill Country in New Braunfels,” iGavel founder Lark Mason says. “Establishing an office here allows us to better serve our clients, many of whom live in Texas and the surrounding states,” adds Mason, who will also maintain his New York office and exhibition space. “Being online is not enough. The key today is service and accessibility and cost. The traditional auction house model that packs and ships items over long distances to a central location is under terrific strain.” According to Mason, Texas and other locations offer convenient proximity to major markets and lower costs, allowing his online firms iGavel and Lark Mason Associates to more efficiently serve their clients.

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