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eBay, Butterfield & Butterfield Partner for Premium Trading

EBay and Butterfield & Butterfield Thursday announced plans to introduce a new trading category on the eBay Web site that will feature auctions of antiques, fine art and collectibles.

The new category is expected to be listed on eBay's homepage in the second quarter of 1999.

Butterfield & Butterfield will bring an international network of auction houses, and will offer authentication, appraisal and consignment services for auction items listed in the new category and in other eBay categories.

"We intend our partnership with Butterfield & Butterfield to revolutionize the auction industry and bring a host of authenticated, premium auction items to eBay's marketplace of buyers and sellers from around the world," said Steve Westly, vice president of marketing and business development at eBay.

Founded in 1995, eBay has more than 1.8 million items listed for sale, with around 250,000 items added daily in 1,500 categories.