WORTHPOINT FOUNDER WILL SEIPPEL

A tipping point occurred when my mother held a garage sale in Maine – some savvy dealers took advantage of her naiveté and practically stole some of her expensive coins and Tiffany & Co. glass. I thought to myself, “The world needs a way to avoid costly mistakes of selling or buying an item at the wrong price!”

My goal in starting WorthPoint was twofold. First, I wanted to make it more efficient for anyone to find data on items they were selling via eBay or other sites, and second, I wanted to bring resources to the masses that would help identify, value, and preserve items in their home. The reselling of “used” items is one of the largest industries in the world – I would estimate the market at up to $1 trillion. Obviously, that is big business, and we wanted WorthPoint to be part of it.

We wanted to help people to precisely identify an item while democratizing pricing information and making it available to any collector who needed it. This wasn't happening in our industry, and we knew we could speed up the process. We set out to become our industry what Bloomberg is to the financial world.

Our customers are antique dealers, longtime and new collectors, professional or amateur pickers, insurance adjusters, and just about anyone with accumulated “stuff” that they want to research for values in seconds.

To read the complete article, see:
How I Built A $6M/Year Antiques & Art Database (https://www.starterstory.com/antiques-database)

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