Online Art Auctioneer Paddle8 Raises Awareness for Charities

  • December 13, 2012 20:50

  • Email
Screen shot of a page on Paddle8

What began as a website hosting gallery inventory for collectors to browse and buy has turned into a fast-growing fundraising platform for charitable institutions and non-profits.

Cofounded by former Phillips de Pury & Co. director Alexander Gilkes and entrepreneur Aditya Julka, New York-based Paddle8 has expanded beyond the gallery listings to focus on online auctions with a philanthropic thrust. (There are also previews of art fairs, which are often fundraisers for charities, and plans for an inventory management system called ARCHIV8.)

The site offers "benefit auctions" for nonprofits and curated "themed auctions" with a percentage of proceeds going to a charity.

A holiday themed sale titled "FA LA LA" runs through Dec. 20 and features a selection of toys by artists such as Takashi Murakami, Jeff Koons, Tom Sachs and KAWS.

Advertisement

Since late 2011, Paddle8 has hosted about 70 auctions, generating about $10 million in bids, with a commission rate of 5%, low set-up fees, and no public sales records.

Read more at Wall Street Journal


  • Email

More News Feed Headlines

Monet's kitchen, Giverny

ARTFIXdaily Closed Week of June 29, Returns July 6

  • ArtfixDaily / June 27th, 2020

ARTFIXdaily will be closed the week of June 29. Subscriber e-newsletter service will resume July 6.

Read More...
Watch Arthur Jafa’s powerful 7:25 minute video examination of Black life in America, Love is the Message, The Message is Death, which will be streamed by the Hirshhorn, Smithsonian and other museums from 2 p.m.  ET Friday, June 26 to 2 p.m.  ET Sunday, June 28.

Global Consortium of Museums Plan 48-Hour Stream of Artist Arthur Jafa’s Renowned “Love is the Message"

  • ArtfixDaily / June 25th, 2020

The Smithsonian American Art Museum and the Hirshhorn Museum and Sculpture Garden, in consultation with the artist ...

Read More...
Ellsworth Kelly Oversized Postcard Set with matching stamps.

Art-Inspired Stamps to Buy Now to Support the USPS

  • ArtfixDaily / June 25th, 2020

Hit hard by impacts on first class and marketing mail volume during the pandemic shutdown, the largely self-funded ...

Read More...
Voice Our Future app

The UN Foundation and ARTECHOUSE Launch App For You to 'Voice Our Future' in Artistic Extended Reality Experiences

  • ArtfixDaily / June 24th, 2020

The United Nations Foundation and ARTECHOUSE, a leader in technology driven art innovation, have joined forces for ...

Read More...

Related Press Releases

Related Events

Goto Calendar
Spencer Helfen Fine Arts - Special Exhibition

ARTFIXdaily Artwire