Domain Name And Internet Articles

WorthPoint Launches New Web Site for Collectors: "WorthPoint in a Position to Revolutionize the World of Collect

RESTON, Va. (Business Wire EON) November 27, 2007 -- The site, with its large database of historical and current prices, photographs and descriptions from more than 250 auction houses, will appeal to the growing number of collectors in America and around the world, as well as to people who inherit something 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 similar to the items they own.

-- Use the Research Library to learn more about collectibles and the world of collecting.

-- Use the "Ask a Question" feature to ask the WorthPoint community for information about their items.

-- Use the WorthPoint communities to learn or share knowledge about collectibles.

-- Search for other members of the WorthPoint community with similar collecting interests.

-- Learn about upcoming auctions and other events.

-- Get advice and valuations from Worthologists, who have an average of more than 25 years 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 six months and see even greater potential for the company in the future. WorthPoint has a very experienced and well-connected management team, strong investors and a proprietary platform for valuing, preserving and learning about antiques and collectibles. WorthPoint is in a position to revolutionize the world of collecting."

Will Seippel, Founder and CEO of WorthPoint, says: "WorthPoint will be for the collector 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, or just a 'collector' who wants to understand the worth of items you recently inherited or 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 collect U.S. coins. There are serious collectors, who spend anywhere from hundreds to hundreds of thousands of dollars a year; occasional collectors, and millions more who are new to collecting. Collecting cuts across generational lines and national borders. And while the market is well established in Europe and America, it is growing at phenomenal rate in countries like China, India and Russia.

"We are confident that WorthPoint will quickly become the 'gold standard' for comprehensive, authoritative information about collectibles and antiques. A WorthPoint valuation will become as important as the Good Housekeeping Seal of Approval for consumers or the Kelley Blue Book valuation for buyers of new and used cars and trucks." Seippel says. "Equally valuable will be the information exchanged among the collectors who become members of our WorthPoint communities."

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