IEGOR

What IEGOR does

IEGOR is a Montreal-based auction house founded in 1983 that conducts live in-person and online sales of fine art, antiques, jewelry, watches, vintage wines, and luxury accessories. The company operates from the Hôtel des encans at 1456 Sherbrooke Ouest and is led by Martine and Iégor de Saint Hippolyte as publication managers, indicating direct family ownership and management of a private, family-controlled business with 11-50 employees. Sales are organized into specialized departments including Canadian Paintings (featuring artists such as Riopelle, Morrisseau, and Suzor-Coté), Jewelry and Luxury Accessories, Fine Vintage Wines (conducted under authorization from the Société des alcools du Québec), and Decorative Arts and Antiques.

IEGOR's technical infrastructure centers on two auction delivery channels: a proprietary online platform called IEGOR LIVE (live.iegor.net) enabling real-time remote bidding in live auctions, and integration with the DrouotDigital marketplace for online-only and redirected live sales. Supporting infrastructure includes the MoniteurLive broadcasting system, Ingenico PCI-DSS certified payment processing, and Google Cloud Platform hosting with Google Analytics for traffic measurement. Auction catalogues include detailed provenance, authentication, and condition reports, and bidding is supported through in-person, online live, absentee (internet, mail, fax), and telephone channels.

IEGOR's revenue model is transaction-based, charging a 20% buyer's premium on the hammer price plus applicable GST/TPS and TVQ taxes on the buyer side, and a seller commission on the consignor side. Ancillary revenue streams include paid home inventory and expert appraisal services, while online estimations are offered free of charge as a consignment acquisition funnel. Customer-facing marketing runs through a multilingual French/English website, Instagram (@iegorauctions), Facebook, and email newsletters, and auction events reach international bidders via the Drouot network partnership.

Name

IEGOR

Legal name

Iegor

Website

https://iegor.net

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

IEGOR is a Montreal-based, family-controlled auction house founded in 1983 that conducts live and online sales of fine art, jewelry, vintage wines, antiques, and luxury accessories, serving collectors and estate sellers through its proprietary IEGOR LIVE platform and DrouotDigital integration.

Ownership category

akta.pro rank

Product category

Auction House Services

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro primary industry

Auction Houses (Luxury Watches & Jewelry) (CRAKAKAF)

akta.pro secondary industries

Jewelry, Watches & Luxury Goods Marketplaces (CRAFABAK), Estate Administration & Probate Services (FSAAANAE), Bankruptcy, Probate & Estate Property Auctions (BPAJAEAG)

Keywords

• Fine art auctions
• Luxury goods auctions
• Online auction platform
• Fine wine auctions
• Auction valuation services

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Buyer's Premium: IEGOR charges a 20% buyer's premium on top of the hammer price for all auction purchases. Taxe sur les produits et services (GST/TPS) and Taxe de vente du Québec (TVQ) apply additionally where applicable. This is the primary revenue stream from auction transactions.
2. Seller Commission: Commission charged to sellers for placing items in auctions, including catalog preparation and auctioneering services. Sellers pay fees as described in the Conditions of Sale.
3. Valuation and Appraisal Services: Free online estimation services; paid home inventory and expert appraisal services for estate evaluations

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

IEGOR is a licensed auction house operating live in-person auctions at its Montreal Hôtel des encans and online auctions through the IEGOR LIVE platform and the DrouotDigital marketplace. It sells fine art, antiques, jewelry, watches, fine vintage wines, and luxury accessories across themed catalogued sale events. The company also provides expert authentication, professional cataloguing, free online appraisals, paid home inventory services, and absentee/telephone bidding for clients.

Product overview

IEGOR is an auction house operating both a core auction service and a proprietary online platform (IEGOR LIVE). The company conducts live auctions at the Hôtel des encans in Montreal and online auctions via the IEGOR LIVE platform and DrouotDigital integration. Core services include free online appraisals, absentee bids, telephone bidding, and home inventory valuations. Auction categories span Canadian paintings, jewelry and luxury accessories, fine vintage wines (under SAQ authority), and decorative arts including jade, art objects, furniture, and collectibles.

Differentiator

Problem solved

Functional benefit

Products and services

• IEGOR Auction House Services Full-service auction house conducting both live in-person auctions at the Montreal Hôtel des encans and online auctions of fine art, jewelry, wines, antiques, collectibles, and luxury items, with bidding capabilities in CAD and USD.
• IEGOR LIVE Platform Proprietary online platform at live.iegor.net enabling remote participation in live auctions via electronic transmission, supporting Ventes Live and Ventes Online formats for global bidders.
• Free Online Appraisal Service Online estimation service allowing users to submit photographs, dimensions, and descriptions of items for expert valuation and auction consignment recommendations at no charge.
• Absentee Bids (Ordre d'Achat) Service enabling clients to submit maximum bid amounts in advance for lots they cannot attend in person; bids are executed on their behalf during the live auction via internet, telephone, mail, or fax.
• Telephone Bidding (Enchère Téléphonique) Service in which clients request a callback during live auctions to participate by phone for lots they cannot attend in person, with IEGOR staff relaying bids in real time.
• Home Inventory Service On-site appointment service providing expert valuation of multiple objects at a client's home, used for estate evaluations and consignment planning, subject to billing.

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Drouot DigitalcoreTechnology or IntegrationIEGOR uses the DrouotDigital platform for online auction hosting and buyer access. The partnership provides access to the Drouot auction network's established marketplace infrastructure and buyer base for online sales.
• Drouot PatrimoineminorChannel Partner/ Reseller/ DistributorDrouot Patrimoine provides IEGOR access to physical auction rooms at Hôtel des Ventes Drouot-Richelieu (9 rue Drouot, 75009 Paris) and Hôtel des Ventes Drouot-Montmartre (64 rue Doudeauville, 75018 Paris) for conducting auctions in France when needed.
• Société des alcools du Québec (SAQ)coreStrategic or Co-development PartnerIEGOR conducts fine vintage wine auctions under the regulatory authority of the SAQ, Quebec's liquor control board, which governs all wine auction activities in the province.
• Ingenico (PCI-DSS Certified Payment Processor)coreTechnology or IntegrationIngenico provides secure payment processing services for online auction payments and advance deposits, with PCI-DSS certification ensuring secure handling of credit card and banking data.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Heritage Auctions: Large US-based multi-category auction house with significant online bidding infrastructure and broad collectibles coverage; competes with IEGOR for consigned fine art, jewelry and luxury goods.
• Bonhams: Global auction house operating across fine art, jewelry, watches and luxury goods; competes for high-value Quebec and Canadian consignments and represents the international segment IEGOR is exposed to via Drouot.
• Christie's: One of the two dominant global fine art and luxury auction houses; competes for the highest-value Canadian and international consignments that might otherwise flow to regional houses like IEGOR.
• Sotheby's: The other dominant global fine art and luxury auction house, with deep online bidding infrastructure and luxury brand partnerships; a high-end competitive constraint on mid-tier houses.

Direct peers

• Waddington's Auctioneers: Toronto-based Canadian auction house offering fine art, decorative arts, jewelry and Asian art auctions — overlapping directly with IEGOR's multi-category luxury auction business model.
• Hindman: Multi-category US auction house (formerly Leslie Hindman Auctioneers) conducting fine art, jewelry, luxury accessories and decorative arts sales through live, online and timed formats.
• Cowley Abbott: Canadian auction house (formerly Cowley & Abbott and Joyner Waddington's) conducting live and online sales of fine art, jewelry and luxury items — directly comparable in Canadian auction-house positioning.
• Heffel Fine Art Auction House: Canada's leading fine art auction house, specializing in Canadian historical and contemporary paintings. Comparable to IEGOR in Canadian art auction focus and consignment-driven model.

Regional players

• Dorotheum: Established European auction house covering fine art, jewelry, watches and decorative arts with strong online auction capabilities; comparable as a long-standing multi-category regional auction house.
• Drouot Auction Network: Paris-based auction network with 100+ member houses; IEGOR uses DrouotDigital and Drouot Patrimoine infrastructure, making Drouot both a platform partner and a comparable French-domiciled network of independent auction houses.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/iegorauctions
• Instagraminstagram.com/iegorauctions
• LinkedInlinkedin.com/company/iegor

Compliance1 record

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 IEGOR