Dear Collectors,

Showpiece began with a clear vision: to make the world's most incredible items accessible to everyone. We are proud to have done so with truly special pieces from the worlds of Stamps, Coins, Books, and Art; however, as we look ahead, we've made the strategic decision not to launch further assets and will instead explore suitable offers for our existing collection.  In the event of a serious offer for any items you own, you will still be asked to vote on the outcome.   In the event of a sale, proceeds will be distributed to collectors based on the number of pieces owned.  The only item currently under offer is Banksy’s Valentine’s Day Mascara, which collectors voted in favour of selling at a price 20% above their purchase cost. The sale is complex and has been moving slowly, but we hope to share an update shortly.

The remaining items will stay in safe hands, and we’ll take every opportunity to highlight and celebrate them. We're in no rush to sell, but when a suitable opportunity arises that benefits everyone, we will bring it to the Showpiece community to help decide the future.

Marketplace

Some users have experienced issues accessing the Secondary Marketplace to sell their pieces; therefore, we will be replacing it by the end of January; until then, the current marketplace functionality will be removed. We’re sorry for any inconvenience caused, and we will ensure the replacement is live as soon as possible.

If you have questions about our next steps or your ownership, we have provided more detail here, including a reminder on how to access your account, the voting process and how you will be paid in the event of a sale.

Thank you all for joining and contributing to our Showpiece community

The Showpiece Team

Log in to your showpiece account here

FAQs

• Why is Showpiece not launching more items

The only commercially viable option we could identify, limited ownership to high-net-worth individuals. This contradicted our desire to make ownership universally available; therefore, we decided not to pursue additional offerings.

• Is Showpiece Technologies Limited closing down

No, the limited company is not shutting down; we are exiting the assets we manage and will not be launching any more. Showpiece will remain as the trustee.

• How am I protected?

The items are held in separate trusts, and the agreement is governed by recognised and widely used elements of English Law.   A vote is still required to complete a sale, with 60% of votes cast in favour, and the items remain protected and insured.

• Do I still own the item

Yes, your legal beneficial ownership remains as detailed in the deeds provided at the point of purchase or receipt of a gift