Bidsvilla in Association with Conferro Heritae Brings Rare Collectibles worth Rs. 400 Crores to India through Online Auctions

Bidsvilla, an online auction based marketplace for Indian arts,in alliance with London based auction house, Conferro Heritae, will be together rolling out an online auction series for art aficionados this October 2015. Bringing over 5 lakh units of inventory with a value of over Rs. 400 Crore of art and collectables, Bidsvilla: Conferro association will host this auction on the site www.bidsvilla.com.

The $250 million Indian Art Industry contributes about 0.4% of the total global art market that is currently worth $63 billion approximately. With buyers and sellers getting more comfortable with online auctioning of art, this market is set to grow exponentially. Tapping into this market and to satiate the desire of collectors looking to acquire rare items, this association of Bidsvilla and Conferro will bring a vast repository of collectibles to the Indian market.

The auctioning will include three categories. The first one is a 1^st ever dedicated auction of vintage Indian and international news publications, magazines, cartoons, advertisements etc. like The New York Times, The Hindu, The Times of Vietnam, Japan Times, The Egyptian Gazette from 1900s published during important historic events. This will be followed by online auctioning of Movie Memorabilia from 1900 including old posters, synopsis, lobby cards, LPs etc. of movies from 1900s like Mughal-e-Azam, Guide, Mother India among others. It also include a special “Hollywood section” where posters from classical by Alfred Hitchcock and Charlie Chaplin will be up for sale. The last auction will include Fine Arts by artists like F.N. Souza, V.S.Gaitonde, S.H. Raza and M.F. Hussain.

Speaking about the association, Mr. Girijesh Jha, Co-founder, Bidsvilla said “We are really excited with this association with Conferro Heritae. This collaboration will further strengthen Bidsvilla’s efforts to bring art to the discerning Indian collectors. We aim to become a premium auction house in India bringing all kinds of collectibles to the Indian market. The planned online auctions are first of its kind and will bring some of the rare collectibles and items from across the world and India”

Mr. Sharan Seth, Director, Conferro Auctions said, “We strongly believe that this association will boost our endeavour to promote our rich history and cultural heritage as we aim to provide rare and exclusive collectibles through innovative auction formats and technologies to collectors and institutions. The association is a reflection of the evolution of online trading in the art and collectibles industry globally which provides a transparent and convenient framework for acquiring valuable historic items.”

As part of this association there will also be three auction previews in Mumbai, Delhi and Ludhiana between October 3^rd and October 10th, 2015. As part of the previews Bidsvilla will be showcasing the inventory for the three auctions including some never seen before items. For the publications, there will be an original 1906 “Indian” Newspaper and an 1948 original copy of “Baapu ke path par” from 1948. For the movie memorabilia, along with very rare inventory from Baiju Bawra, there will be a special S.D. Burman lot to commemorate the 40 years of the legend’s death on 30^th October 1975. The Fine art preview will include Souza, Mehta, and Gaitonde and their works.

About Bidsvilla:

Bidsvilla.com is an auction platform specializing in procurement, valuation of transactions of rare and vintage collectibles, artifacts, premium artworks and luxury products. With state-of-art auction platform and an engaging user interface, we aim to make auction fun and engaging, while focusing to find the right price point for both the buyer and the seller.

We believe in complete transparency, and are proponents of sharing as much information as possible for the buyers to know and appreciate the products in question. Ours is a collaborative model with various auction houses, art institutions, collectors and experts to bring about an upheaval in the Indian art and luxury market.

Through technology, we aim to solve the challenges in the existing market, and build upon a community of patrons to adopt, adorn and preserve the cultural heritage of the country and beyond.

About Conferro:

Conferro Heritae is an auction house specialising exclusively in Indian art and collectibles. Conferro Heritae brings rare and unique items of Indian culture and heritage to an international market.

In our endeavour to preserve and promote history and the rich cultural heritage we strive to build a new generation of art lovers, collectors and enthusiasts through series of events and programmes focussed on education and knowledge sharing, showcasing, promoting, and auctioning the items representing the oldest civilization in the world, enabling collectors to learn, view, collect, and live with the pieces rarely seen before.

We firmly believe that the heritage of different regions across the globe should be celebrated at the next level, integrating it with various regions and cultures across the globe and putting more effort in protecting and preserving our history.

Conferro showcases unique and regional Indian art and collectables of the finest quality. These items, from one of the world’s oldest civilisations, presents the story of India’s cultural heritage and preserve their inner narratives for future generations.

As an authority on Indian art and collectables, Conferro uses its knowledge through research, to lead connoisseurs and novices alike, into a burgeoning market of Indian cultural heritage.

International interest in Indian art and collectables is on the rise, whilst Indian collectors are predicted to tread the well-worn path of Russians, Chinese and Middle-Eastern collectors, buying back their own national treasures, as BRIC market economies continue to grow.