Auction Houses becoming Art Dealers (ctd.)
April 29 2020
Picture: Sotheby's
Posted by Adam Busiakiewicz:
ArtDaily has reported on launch of the Sotheby's Gallery Network, an online platform that allows trusted partners to sell through sothebys.com. Although this particular venture seems to be relevant for modern and contemporary art galleries, the auction house are also selling Old Master Paintings in a similar manner through their Private Sales page (as per my previous post).
As the article explains;
Sotheby’s Gallery Network will help its partners to make immediate sales during these unprecedented times, by utilizing both the auction house's extensive digital reach and their full-service transactional platform.
Sotheby’s Gallery Network will provide each of its partners with a bespoke online presence, featuring a digital viewing room of property available for immediate sale at publicly-listed prices. Purchases of works valued up to $150,000 can be completed with ease as point-of-sale transactions on Sotheby’s online platform.
All works listed by its partners through the Gallery Network are offered exclusively through Sotheby’s, with the auction house's standards of scholarship and authenticity applying to all works on offer
Let's wait and see how this venture fares.
