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Boom time for auction houses as lockdown Britons turned to online shopping for bargains [Video]

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Auction houses are seeing a post-lockdown boom – with Zoom encouraging more buyers.

About 90 per cent of lots at auctions are going under the hammer now – a rise of 30 per cent of what was selling before March, according to Helen Carless, of the Society of Fine Art Auctioneers. 

She said: ‘What lockdown also did was make buyers and sellers more tech-savvy, through Zoom calls and increased online shopping.

‘They quickly got the hang of doing a lot more things online, and that gave them the confidence to think, “I wonder how auctions work”. 

'As their internet browsing increased, so did the reach of auction houses as more sales were held online because of social distancing restrictions.'

Mrs Carless, of Lawrences Auctioneers in Crewkerne, Somerset, added: ‘Another key factor is people have become more comfortable browsing at items online rather than seeing them in person.’

Charles Hanson, owner …

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