gallereo.com
Artists and photographers 
have your own gallery
website, instantly
Sign up Now

Labels

(13) 1984 (1) 2014 (1) 2015 (1) 2016 (1) 3d (1) 3d printing (4) 4chan (1) abstract expressionism (1) accident (1) activism (2) aesthetics (2) ai weiwei (3) airbnb (1) alejandro jodorowsky (1) alex grey (1) alex timmermans (1) alfonso batalla (1) algorithm (1) alison jackson (1) amalia ulman (1) america (1) americana (1) ana prvacki (1) ancient art (1) andy warhol (2) anicka yi (1) animals (4) animated (1) animation (2) anish kapoor (2) ansel adams (1) antiques roadshow (1) antispam (1) app (1) appraisal (1) appropriation (1) apps (3) april (1) architecture (2) art (95) art basel (1) art buying (1) art classes (1) art collectives (1) art conservation (1) art donation (1) art fair (8) art fairs (6) art gallery (2) art history (4) art horde (1) art lovers (2) art market (1) art movement (1) art news (2) art online (1) art preservation (1) art prices (1) art projects (1) art restoration (1) art sale (1) art sales (6) art school (2) art show (2) art theft (5) art world (3) artificial intelligence (1) artist (2) artist call (1) artist opportunities (1) artist spotlight (55) artist statement (1) artists (9) arts (4) arts and culture (1) artwork (1) asia (1) aspen art museum (1) associated press (1) auction (9) auction house (2) auctions (7) augmented reality (1) authentication (1) autumn (2) avam (1) award (1) awards (2) backup (1) bad art (1) balance (1) banksy (7) basel (2) bbc (1) bees (1) benjamin von wong (1) berlin (1) bill cosby (1) billboards (1) black market (1) blind (1) blog (2) books (1) brain (1) brazil (1) bribery (1) british art (1) brooklyn (1) bureaucracy (1) business (1) buttress (1) buying art (1) cai guo-qiang (2) calais (1) camera (1) captcha (1) career (1) cartooning (1) catherine yass (1) cattelan (1) celebrity (2) censorship (1) cern (1) cezanne (1) change (1) charity (1) chemistry (1) chicago (1) children (1) china (8) choice (1) christo (1) christopher burdenb (1) cia (1) cities (5) cleaning (1) climate (1) cloud gate (1) cold war (1) collaboration (2) collage (1) collection (1) collectors (1) cologne (1) colorado (1) colour accuracy (1) colour management (1) colours (1) comedy (1) compact camera (1) competition (2) computer (1) computers (2) con (1) conceptual art (2) contact form (1) contemporary art (7) contest (2) controversy (2) cooking (1) copeland (1) copyright (4) cork street (1) cosby (1) coupland (1) covent garden (1) creation (1) creativity (2) criminals (1) criticism (1) critique (1) crowdfunding (5) cubism (1) cui ruzhuo (1) culture (3) da vinci (1) dali (1) david maisel (1) deep dream (1) deepdream (1) degas (1) design (7) destruction (1) detroit (2) detroit institute of arts (1) development (1) digital (4) digital art (7) digital artists (1) digital images (1) digital resources (1) digital storage (1) digitising (1) digtal (1) dismaland (2) disney (1) disruption (1) dna (2) documentaries (1) documentary (1) donald trump (2) douglas hoekzema (1) downloads (1) dragan ilic (1) drawing (2) dubai (1) duchamp (1) e-commerce (4) earth (1) east germany (1) egypt (1) email (1) email marketing (1) emilio cresciani (1) ephemera (1) equipment (1) ernie button (1) europe (1) evolution (1) excessivism (1) exhibit (3) exhibition (1) exhibitions (31) exhibits (2) exit throug the gift shop (1) facebook (1) factum (1) fake (1) fakes (1) fantasy (1) featured artist website (1) file formats (1) film (1) fireworks (1) florence (1) football (1) ford house (1) forensics (2) forgery (5) found art (1) framing (1) frank auerbach (1) fraud (4) free art books (1) free artist websites for students (1) freelancing (1) funding (3) fundraising (1) gallereo (7) gallereo exhibitions (1) gallereo sites (7) gallereo top tips (4) galleries (7) gallery (3) gardner museum (1) genetics (1) genre (1) genre spotlight (3) george bush (1) germany (2) gif (1) gifts (1) glass (1) glitch art (1) global (1) google (6) government (1) graffiti (7) grafitti (1) graphics (1) guerrilla art (1) guggenheim (1) guide (1) guided tours (1) gurlitt (1) happy new year (1) harmonograph (1) healing (1) health (1) heather barnett (1) heist (1) hidden painting (1) hitchiking (1) hive (1) hoax (2) holiday (1) hologram (1) homeland (1) homelessness (1) hospitals (1) how to (1) hoxxoh (1) ideas (2) illusion (1) illustration (6) image editors (1) images (1) imitation (1) impressionism (1) indiegogo (1) inspiration (16) instagram (4) installation (9) installation art (1) installations (3) instapainting (1) internet (2) investments (1) ip (1) iraq (1) irma stern (1) iss (1) italy (2) jackson pollock (2) jeff koons (2) jill pelto (1) job (1) jodorowsky (1) jokes (1) joshua miels (1) jr (1) juried shows (1) keane (1) kickstarter (1) kurt perschke (1) kwangho shin (1) labeouf (1) lego (2) lenka clayton (1) lenses (1) leonid afremov (1) licensing (1) life (3) local (1) london (3) lookalike (1) looting (3) lost art (2) louvre (1) mac (1) machine learning (2) machines (1) macro (1) madrid (1) mafia (1) magritte (1) makoto azuma (1) mallorca (1) mark flood (1) markets (1) may 1 reboot (1) media (3) media studies (1) medicine (1) memo akten (1) metropolitan museum of art (2) miami (2) microniches (1) miguel chevalier (1) mike tyka (1) millennial (1) minimalism (1) missing (1) mobile phone photography (1) mobile phones (1) modern (1) modern art (4) mona lisa (1) monitor (1) moscow (1) motels (1) motion photography (1) motivation (1) mural (1) museum (4) museums (8) mystery (1) nanotechnology (1) narration (1) nasa (1) nathan sawaya (1) native rights (1) nazi (1) nenous thabit (1) networking (1) neural networks (1) new media (1) new year (2) new york (3) news (4) north korea (1) norway (1) nudity (1) nypl (1) oculus rift (1) on kawara (1) online (2) open source (1) optical illusions (1) optimism (1) outdoor (1) outside (1) outsider art (1) painting (7) paintings (2) paris (1) participation (1) passport (1) paul wainwright (1) pc (1) perception (2) performance (1) performance art (4) perspective (1) peta (1) peter lik (3) petr avlensky (1) phantom (1) philadelphia (1) photogrammetry (1) photographer (1) photographs (1) photography (48) photojournalism (1) photoshop (1) physical art (1) picasso (7) pippin bar (1) plagiarism (1) polaroid (1) politics (1) pop art (1) popup exhibitions (1) portfolio (2) postmodernism (1) poverty (1) prank (1) pranks (1) preservation (1) presidents (1) prices (1) pricing (1) printing (1) printmaking (2) prints (2) prize (1) product (1) profiling (1) project inspiration (3) project spotlight (1) projects (1) propaganda (1) protection (1) protest (2) provenance (1) psart (1) public art (3) purchase (1) questions (1) rachel rossin (1) ranking (1) realism (1) record (1) records (3) redball (1) refugees (1) render (1) renwick gallery (1) replicas (1) replication (1) research (1) residency (1) resources (1) restitution (1) retrospective (4) richard prince (2) robot (1) robots (2) rodin (1) rosemarie fiore (1) russia (2) sale (3) sales (14) sales record (1) sales tips (1) salvador dali (1) salvage (1) samsara (1) sanctions (1) santa fe (1) saving (1) scanning (1) science (4) scott kelly (1) sculpture (13) sculptures (1) search (1) seasons (1) seattle (1) self-promotion (1) selfie stick (1) selfies (3) selling art (2) selling art online (3) selling photographs (1) seo (3) sfmoma (2) shanghai (1) shell (1) shia (1) shia labeouf (2) shipping (1) sketchbooks (1) skills (1) sky ladder (1) slime mold (1) smartphone (1) smithsonian (2) smuggling (1) snow (1) snowden (2) social experiment (1) software (2) sothebys (1) space (2) speculation (1) spencer tunick (1) spotlight (1) spring (3) stained glass (1) statue (2) statues (1) stock photogarphy (1) stock photography (2) stolen art (2) stories (3) strandbeest (1) street art (11) street photography (1) street view (1) studio (1) summer (2) sunshine (1) super bowl (1) surrealism (3) surreality (1) swan lake (1) tablets (2) tate modern (1) television (1) terence koh (1) the basics (1) theft (9) theo jansen (1) therapy (1) time magazine (1) tips (32) tommy ingberg (1) toronto (2) tour (1) tourism (1) traffic (2) travel (5) trends (1) troll (1) trump (2) tutorials (1) twitter (1) ukraine (1) update (1) vacation (2) validation (1) value (1) van gogh (1) vancouver (1) vandal (1) vandalism (1) vantablack (1) venice (1) verona (1) video art (2) video games (3) vincent van gogh (1) virtual reality (2) visa (1) watermarking (1) website (2) wengshoel (1) whisky (1) winter (3) wireman (1) wolfgang (1) work (1) workflow (1) world cup (1) world press photo (3) writing (3) ww2 (1) wydr (1) yayoi kusama (2) year end (1) youtube (1)

The End of the Auction House?

Friday 14th August 2015

It's a classic staple of the art world: numerous collectors and their factors gathering for a special event, an event in which millions of dollars worth of art changes hands, with a tidy profit for the organizers - the auction house. In a modern jet-setting world, it hardly seems difficult to imagine that the ultra-rich and their spokespeople are willing to fly around the globe in order to be at these events in person. Yet as the world moves at a faster and faster pace, sometimes it seems that the luxury of an in-person visit is often out of the question, despite what the record-setting auction sales numbers might tell you at first glance. Not only that, but the truly global nature of modern art collecting means that collectors are no longer concentrated in the West, with easy access to New York and London, not to mention the numbers of collectors who can't - or won't - afford to fly around the world just to make a few bucks.

Enter the online auction. Ever since a struggling little startup named eBay shook the ecommerce world to its very foundations, online auctions have grown in popularity, and it was only a matter of time before some new tech startup would come along and attempt to revolutionize the world of the art auction. Sotheby's, one of the premier auction houses in the physical world, has partnered with online auction specialists eBay and tech company Invaluable to change the way art auctions are conducted - and they're finally getting some traction. It's been a struggle to gain a foothold in a market so entrenched in the physical world, but with sales and bid prices going up nearly 35% since 2014, it's possible that the tipping point has finally been reached.

Speaking to Artnews online magazine in an interview, Rob Weisberg, the CEO of Invaluable, explained: "People like you and me have probably spent the greater portion of our lives connected and able to transact online and via mobile devices. You may not have the time or the inclination to read through an auction’s 200-page, color-coded paper catalogue; instead, you’d prefer a personalized communication that filters the merchandise and can show you items you actually might want to buy. And these are things you can buy with the click of a button while sitting in the comfort of your own home."

While it's not like to be the end of the major players in the auction world, perhaps the very term 'auction house' will cease to mean what it once did!
 

Posted on August 14th 2015 on 02:31pm

Leave a Comment

Your Name *
Your Email Address
Your Website
Your Comment *
rss feed
START NOW WITH OUR NO-OBLIGATION 30 DAY FREE TRIAL!
Account Login:
Access your account area here.

login Forgotten Password?
Connect with us
Bookmark
facebooktwitter
© Copyright 2009-2018 Gallereo.com Legal Information l Company Information l Sitemap l Contact us