collectors

Did you know that the lack of trust is holding back online art sales?

According to the Hiscox Online Art Trade Reports 2016/2017, 58% of online collectors are afraid of buying a fake: 88% want standardised Certificates of Authenticity, and 79% want better provenance information. 

Consequently, according to our advisor Philip Mould, “there is an increasing need to inject security and confidence into the art market." 

Collectors are increasingly acquiring online, sight unseen. This sector is boosted by changing demographies and also by increasing propensity for artists and galleries to sell online. Repeated reserach has shown that online buyers increasingly see art as an investement/asset class and are deterred by trust issues.

We are currently working on a new service. The new online development will be the first platform to enable the trade of trusted art online through a revolutionary B2B artwork aggregation service. Artists will be able to submit trusted art, pre-tagged and with a Certificate of Authenticity, directly to online retailers. It will launch in September 2018 with the support of leading and emerging artists registered on the Tagsmart platform who will offer their works for sale.  

Further announcement of retailer partners will be made in the coming weeks.

This is your chance to share in our success!

Join the trusted art revolution here: https://www.seedrs.com/tagsmart

Leading online gallery provides artwork certification service to customers at the checkout

The leading online art gallery artrepublic.com now offers their collectors highly secure Certificates of Authenticity with all limited edition and original artworks purchased on their website, using Tagsmart’s shopping cart integration API.As the online art market grows, this partnership demonstrates a commitment  to consumer trust and encouraging transparency in the electronic marketplace. 

According to Anthony Nelson, artrepublic.com’s Managing Director, “As the online art market expands, the demand for better services will continue to grow. We’re always looking for new ways to empower our customers and, by offering Tagsmart’s secure Certificate of Authenticity, we can provide our buyers with the peace of mind to focus solely on finding the art they love, without having to worry about anything else”.

Tom Toumazis MBE, Executive Chairman of Tagsmart, says: “We’re delighted to working with Anthony and his team. The online sector is a growing, vibrant part of the art world and we believe our technology can enhance the buying experience for collectors”

Tagsmart provides online platforms such as artrepublic.com with the tools to simplify the process of secure artwork certification. Presented as an optional extra, the service enables collectors to order Certificates of Authenticity with ease, by simply clicking a button at point of sale on their way to the checkout. The Tagsmart platform then links artist, seller and collector information to generate physically and digitally secured Certificates. Each Certificate links directly to a secure artwork record, enabling the collector to view their online private portfolio, manage transfers of ownership and share works on social media.
Tagsmart’s API equips online art marketplaces with a better, simpler way to convert art buyers online and secures their collection. This innovative solution enables artists, galleries and collectors to easy build a provenance history for their artwork, adding  value to their collection.