Auctionata was an online auction house and eCommerce company specializing in luxury goods, art, antiques and collectibles based in Berlin with offices in New York. Auctionata had a team of 250 art experts who worked on commission and were not directly employed by Auctionata. These experts were paid by the minute via PayPal for valuing, authenticating, and curating objects including art, cars, watches, antiques. Since opening in February 2012, Auctionata had evaluated and verified over 21,000 pieces of art. Notably, Auctionata's experts discovered a watercolor by Egon Schiele, which was valued at a starting price of $1.3 million (€1 million). Auctionata was declared insolvent on February 29, 2017 by announcing it has ceased operations.