Koller ASIATICA Himalaya & China Auktion: Dienstag, 3. Dezember 2019, 10 Uhr, Katalognummern 101 – 315

| 156 Koller has been conducting successful auctions for 60 years, and during this time we have witnessed many developments in the art market. In recent years the Internet has played an ever greater role in many people’s daily lives, both as a source of information and as a sales channel. The popularity of e-commer- ce offers considerable opportunities for the future of auctions, benefitting both our consignors and our increasingly global clientele. The volume of online art transactions worldwide is estimated to be several bil- lion dollars a year. Younger “digital native” collectors in particular readily participate in exclusively online auctions, as they are used to virtual markets. Our new online only auctions with the “ibid online only” label allow collectors to place their bids over the In- ternet during a period of approximately two weeks, around the clock and from almost anywhere in the world. This type of platform is especially well-suited to decorative artworks from all periods in the lower to middle market. Among the target audiences for our online only auctions are the many clients who until now regularly bid in our Koller West auctions. In this way we aim to reach – just as we have in our classic auctions – a worldwide clientele who cannot easily visit our salerooms in person. On the Koller website, all “ibid online only” auctions are identified with an icon. A detailed, fully researched description accompanies each lot, along with high- resolution images, so that viewers can obtain a reali- stic impression of the objects. Bidders who wish to view items in person in our saleroom can do so; the preview dates are indicated next toeach item.With the convenient option “my ca- talogue”, users can group together selected items in ordertobidonthemlater,ortokeepaneyeontheirpro- gress during the auction. If someone bids during the final mi- nute before a lot closes, the bidding will be extended for an additional 30 seconds, allowing other bidders to continue to participate. In this way, the online bidding will closely re- semble a clas- sic saleroom auction. Successful bidders will receive invoices by email at the end of the auction; payments can be made by credit card or bank transfer. Koller is proud to announce this development, which promises to become an exciting complement to our classic saleroom auctions.