Name

Weschler's Auctioneers & Appraisers

Legal name

Weschler's Auctioneers and Appraisers, LLC

Website

https://weschlers.com

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Auction Services

NAICS

Jewelry Retailers (458310)

SIC

Retail-Jewelry Stores (5944)

akta.pro primary industry

Auction Houses (Luxury Watches & Jewelry) (CRAKAKAF)

akta.pro secondary industry

Estate Jewelry & Collection Liquidation Services (CRAKAKAJ)

Keywords

• Fine art auctions
• Estate appraisals
• Antique auctions
• Jewelry auctions
• Trust and estate services

Headquarters

HQ city

Rockville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Buyer's Premium: Weschler's charges a buyer's premium on auction sales. The standard premium is 24% on the first $500,000 of the hammer price, 20% on the portion from $500,001 through $1,000,000, and 15% thereafter. Online bidders on Weschler's platform are charged an additional 2% buyer's premium.
2. Consignment Commissions: As an auction house, Weschler's earns revenue by selling property on behalf of consignors. The company acts as agent for the consignor, with property sold subject to reserve prices agreed between consignor and auction house.
3. Appraisal Services: Weschler's offers professional appraisal services for insurance, estate, and charitable donation purposes, generating fee revenue for valuations.
4. Trust and Estate Services: Specialized services for trust administration and estate settlement, including collection management, auction execution, and asset liquidation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Weschler's Auctioneers & Appraisers is a family-owned auction house founded in 1890 that conducts live and online auctions of fine art, jewelry, furniture, decorative arts, rugs, and Asian works of art. The firm also provides professional appraisal services, trust and estate settlement, museum and corporate collection services, and monthly Valuation Day consultations, primarily serving the Washington DC Metro Area and beyond.

Product overview

Weschler's Auctioneers & Appraisers operates as a traditional auction house offering a portfolio of products centered around live and online auctions of fine art, decorative arts, and collectibles. The core offerings include Metro Online timed auctions (convenient online-only format), Capital Collections Estate Auctions (major in-person events with multiple bidding options), and specialized departmental auctions covering rugs and carpets, furniture, jewelry, paintings, Asian art, and 20th century decorative arts. Supporting the auction business are complementary service products: Appraisal Services, Trust and Estates Services, Museum and Corporate Services, and monthly Valuation Day Events. A mobile app extends live bidding and consignment capabilities to mobile users. All auctions can be accessed through multiple third-party marketplace platforms (Invaluable, AuctionZip, LiveAuctioneers) and bidding options include live floor bidding, absentee bids, telephone bids, and proprietary online bidding.

Differentiator

Problem solved

Functional benefit

Products and services

• Metro Online Auctions
• Capital Collections Estate Auctions
• Appraisal Services
• Trust and Estates Services
• Museum and Corporate Services
• Valuation Day Events
• Weschler's Mobile App

Quantifiable outcome

• $1.4M sale price achieved for Alma Woodsey Thomas painting
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• InvaluablecoreTechnology or IntegrationInvaluable provides the technology platform powering Weschler's website and online auction functionality. Weschler's online bidding is offered through Invaluable's marketplace platform, enabling internet bidders to participate in live auctions electronically.
• AuctionZipcoreChannel Partner/ Reseller/ DistributorThird-party marketplace platform through which Weschler's conducts online auctions, competing against live floor bids, telephone bids, and other internet bidders.
• LiveAuctioneerscoreChannel Partner/ Reseller/ DistributorThird-party marketplace platform enabling internet bidders to participate in Weschler's live auctions alongside floor and telephone bidders.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Sotheby's: Global premier auction house. Competes for top-end fine art and luxury consignments that Weschler's also targets, but at a vastly larger scale, with global bidder reach and higher-profile marketing.
• Heritage Auctions: Largest US-owned auction house with dominant online bidding infrastructure and departments spanning fine art, jewelry, and collectibles. Competes with Weschler's for consignments and directly powers much of the same online bidding audience.
• Christie's: Global premier auction house competing for the highest-value art, jewelry, and decorative arts consignments. Sets pricing benchmarks that affect the secondary regional auction market in which Weschler's operates.
• Bonhams: Global auction house with strong US presence across fine art, jewelry, and decorative arts. Competes for the same high-value consignments Weschler's targets but at a broader, international scale with deeper bidder rosters.

Direct peers

• Freeman's: Philadelphia-based regional auction house with a comparable mix of fine art, decorative arts, and jewelry departments plus estate services. Closely matched in regional scope, take-rate economics, and trust/estate client focus.
• Hindman: Mid-size US auction house (formerly Leslie Hindman Auctioneers) with multiple regional salerooms and departments spanning fine art, jewelry, and decorative arts. Directly comparable in business model, take-rate structure, and trust/estate service orientation.
• Cowan's Auctions: Cincinnati, OH-based auction house covering fine art, decorative arts, and Americana. Comparable regional positioning, multi-category sale calendar, and trust/estate clientele to Weschler's.
• Brunk Auctions: Asheville, NC-based regional auction house specializing in fine and decorative arts. Similar in size, regional footprint, and category mix, competing for the same Southern/Mid-Atlantic estate and collector consignments.
• Doyle New York: NYC-based auction house conducting sales of fine art, jewelry, and decorative arts with strong estate and appraisal practices. Competes with Weschler's for higher-end East Coast consignments and offers a directly comparable online and live-bidding model.
• Skinner Auctioneers: New England-based regional auction house covering fine art, jewelry, and decorative arts. Closely comparable to Weschler's in size, multi-category scope, and reliance on estate-driven consignments from a defined US region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/weschler-s-auctioneer-appraisers

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Weschler's Auctioneers & Appraisers