eBay Great Collections Will Be World's Online Passport to Fine Collectibles

Eight World-Renowned Auction Houses Bring Fine Art and Rare

Collectibles Online



Sep 21, 1999, 01:00 ET from eBay, Inc.

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    SAN JOSE, Calif., Sept. 21 /PRNewswire/ -- eBay(R) (Nasdaq:   EBAY)
 (www.ebay.com) the world's leading person-to-person online trading community,
 announced in a letter to its 5.6 million members yesterday afternoon, plans to
 launch a new and much-anticipated category this fall -- eBay Great
 Collections. This new area, accessible from eBay's homepage, will be devoted
 to fine antiques, art and rare collectibles offered and guaranteed by many of
 the world's great auction houses, galleries, and dealers.
     "Our mission for eBay Great Collections is to make fine antiques, art and
 rare collectibles more accessible to people around the world -- with no
 buyer's premium," said Steve Westly, eBay's vice president of eBay and general
 manager of Great Collections. "This new category will also expand the already
 extensive selection our site offers the eBay community and collecting
 enthusiasts."
     eBay Great Collections will showcase fine antiques, art and rare
 collectibles from leading auction houses and dealers from around the world.
 Already eight leading auction houses have signed up to be part of eBay Great
 Collections, including:
 
     -- Alibris, Emeryville, California
     -- Bloomsbury, London, England
     -- Butterfield & Butterfield, San Francisco, California
     -- Dargate, Pittsburgh, Pennsylvania
     -- Dorotheum Auction House, Vienna, Austria
     -- Heritage Coin, Dallas, Texas
     -- Greg Manning Auctions, New York, New York
     -- Lawsons, Sydney, Australia
 
     Featured categories on the eBay Great Collections site include:  Books
 & Manuscripts; Coins, Stamps & Cards; Dolls & Toys; Fine Arts; Jewelry
 & Timepieces; Memorabilia; Native & Tribal Art; Natural History; and Rugs
 & Tapestries. Leveraging its relationships with international auction houses
 and dealers, the items featured in eBay Great Collections will have the same
 cache found in the traditional auction format.
     eBay Great Collections will provide registered eBay buyers with the
 exciting opportunity to access products that are normally only available via
 the auction house floor. Registered eBay sellers are invited to apply to
 become a Great Collections dealer or may consign items to the auction houses
 to be sold on Great Collections.
     eBay Great Collections will bring the excitement of the traditional art
 and auction world without the perceived formalities.  eBay announced the new
 site to its community yesterday, stating:  "Imagine buying a Picasso sketch
 without actually having to visit the gallery or auction house, which may be
 several hundred miles away."
     "eBay Great Collections will open new doors to collecting for the eBay
 community, with leading auction houses and dealers bringing outstanding new
 categories of merchandise online and giving the community access to world
 class expertise," said Steve Westly.  "Also, with its large and expanding
 community of users, eBay gives auction houses and dealers a fantastic venue
 for showcasing -- and selling -- a large array of art and fine collectibles."
     Participating auction houses and dealers will offer authentication
 services, manage their auction on eBay Great Collections and provide customer
 support to interested bidders via email. eBay's escrow, insurance and shipping
 services will also be available to users of the Great Collections site. The
 format of the auctions in Great Collections will be the same as eBay's.
     Items offered through eBay Great Collections will come with the same
 guarantees auction houses traditionally provide in the offline world. All
 dealers will offer a five-year guarantee of authenticity, in addition to a
 thirty-day money-back guarantee that the item is as it was described.
 
     About eBay
     eBay (www.ebay.com), the world's personal trading community(TM), pioneered
 person-to-person online trading. Founded in 1995, eBay has developed an
 efficient and entertaining trading site on the Web that is available 24 hours
 a day, seven days a week. eBay has more than 5.6 million registered users.
 Currently, there are more than 2.5 million items listed for sale. More than
 300,000 items are added daily in more than 1,600 categories, including:
 antiques; books, movies and music; coins and stamps; collectibles; computers;
 dolls and figures; jewelry and gemstones; photo and electronics; pottery and
 glass; sports memorabilia; and toys. In April 1999, eBay acquired Butterfield
 & Butterfield, one of the largest auction houses in the world.
 
 

SOURCE eBay, Inc.
    SAN JOSE, Calif., Sept. 21 /PRNewswire/ -- eBay(R) (Nasdaq:   EBAY)
 (www.ebay.com) the world's leading person-to-person online trading community,
 announced in a letter to its 5.6 million members yesterday afternoon, plans to
 launch a new and much-anticipated category this fall -- eBay Great
 Collections. This new area, accessible from eBay's homepage, will be devoted
 to fine antiques, art and rare collectibles offered and guaranteed by many of
 the world's great auction houses, galleries, and dealers.
     "Our mission for eBay Great Collections is to make fine antiques, art and
 rare collectibles more accessible to people around the world -- with no
 buyer's premium," said Steve Westly, eBay's vice president of eBay and general
 manager of Great Collections. "This new category will also expand the already
 extensive selection our site offers the eBay community and collecting
 enthusiasts."
     eBay Great Collections will showcase fine antiques, art and rare
 collectibles from leading auction houses and dealers from around the world.
 Already eight leading auction houses have signed up to be part of eBay Great
 Collections, including:
 
     -- Alibris, Emeryville, California
     -- Bloomsbury, London, England
     -- Butterfield & Butterfield, San Francisco, California
     -- Dargate, Pittsburgh, Pennsylvania
     -- Dorotheum Auction House, Vienna, Austria
     -- Heritage Coin, Dallas, Texas
     -- Greg Manning Auctions, New York, New York
     -- Lawsons, Sydney, Australia
 
     Featured categories on the eBay Great Collections site include:  Books
 & Manuscripts; Coins, Stamps & Cards; Dolls & Toys; Fine Arts; Jewelry
 & Timepieces; Memorabilia; Native & Tribal Art; Natural History; and Rugs
 & Tapestries. Leveraging its relationships with international auction houses
 and dealers, the items featured in eBay Great Collections will have the same
 cache found in the traditional auction format.
     eBay Great Collections will provide registered eBay buyers with the
 exciting opportunity to access products that are normally only available via
 the auction house floor. Registered eBay sellers are invited to apply to
 become a Great Collections dealer or may consign items to the auction houses
 to be sold on Great Collections.
     eBay Great Collections will bring the excitement of the traditional art
 and auction world without the perceived formalities.  eBay announced the new
 site to its community yesterday, stating:  "Imagine buying a Picasso sketch
 without actually having to visit the gallery or auction house, which may be
 several hundred miles away."
     "eBay Great Collections will open new doors to collecting for the eBay
 community, with leading auction houses and dealers bringing outstanding new
 categories of merchandise online and giving the community access to world
 class expertise," said Steve Westly.  "Also, with its large and expanding
 community of users, eBay gives auction houses and dealers a fantastic venue
 for showcasing -- and selling -- a large array of art and fine collectibles."
     Participating auction houses and dealers will offer authentication
 services, manage their auction on eBay Great Collections and provide customer
 support to interested bidders via email. eBay's escrow, insurance and shipping
 services will also be available to users of the Great Collections site. The
 format of the auctions in Great Collections will be the same as eBay's.
     Items offered through eBay Great Collections will come with the same
 guarantees auction houses traditionally provide in the offline world. All
 dealers will offer a five-year guarantee of authenticity, in addition to a
 thirty-day money-back guarantee that the item is as it was described.
 
     About eBay
     eBay (www.ebay.com), the world's personal trading community(TM), pioneered
 person-to-person online trading. Founded in 1995, eBay has developed an
 efficient and entertaining trading site on the Web that is available 24 hours
 a day, seven days a week. eBay has more than 5.6 million registered users.
 Currently, there are more than 2.5 million items listed for sale. More than
 300,000 items are added daily in more than 1,600 categories, including:
 antiques; books, movies and music; coins and stamps; collectibles; computers;
 dolls and figures; jewelry and gemstones; photo and electronics; pottery and
 glass; sports memorabilia; and toys. In April 1999, eBay acquired Butterfield
 & Butterfield, one of the largest auction houses in the world.
 
 SOURCE  eBay, Inc.