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The site, with its large database of historical and current prices, photographs anddescriptions from more than 250 auction houses, will appeal to the growing number ofcollectors in America and around the world, as well as to people who inheritsomething from a relative and are not sure of the value of what they have.
Visitors to WorthPoint.com will be able to: Use the site's Worthopedia feature to look at the sales history of items similarto the items they own. Use the Research Library to learn more about collectibles and the world ofcollecting. Use the "Ask a Question" feature to ask the WorthPoint community for informationabout their items. Use the WorthPoint communities to learn or share knowledge about collectibles. Search for other members of the WorthPoint community with similar collectinginterests. Learn about upcoming auctions and other events. Get advice and valuations from Worthologists, who have an average of more than 25years 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 sixmonths and see even greater potential for the company in the future. WorthPoint hasa very experienced and well-connected management team, strong investors and aproprietary platform for valuing, preserving and learning about antiques andcollectibles. WorthPoint is in a position to revolutionize the world of collecting."
Will Seippel, Founder and CEO of WorthPoint, says: "WorthPoint will be for thecollector 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, orjust a 'collector' who wants to understand the worth of items you recently inheritedor 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 collectU.S. coins. There are serious collectors, who spend anywhere from hundreds tohundreds of thousands of dollars a year; occasional collectors, and millions morewho are new to collecting. Collecting cuts across generational lines and nationalborders. And while the market is well established in Europe and America, it isgrowing at phenomenal rate in countries like China, India and Russia.
"We are confident that WorthPoint will quickly become the 'gold standard' forcomprehensive, authoritative information about collectibles and antiques. AWorthPoint valuation will become as important as the Good Housekeeping Seal ofApproval for consumers or the Kelley Blue Book valuation for buyers of new and usedcars and trucks." Seippel says. "Equally valuable will be the information exchangedamong the collectors who become members of our WorthPoint communities."
Contacts WorthPoint Corporation, RestonWill Seippel, 770-777-8221will.seippel@wort hpoint.comwww.worthpoint.com orStephen Johnson, 703-547-6754steve.johnson@wor thpoint.comwww.worthpoint.com
