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ONLINE
ART SALES: Cyber art sales in the UK seem to be going
well, even as prominent online art sales ventures such as
NY-based E-artgroup fold owing creditors money. "A new
breed of cyberspace art dealers is fuelling a huge upturn
in sales of contemporary work, slashing the cost of famous
artists’ products and earning attention from millions of people
who would never have ventured into a gallery. One gallery,
Eyestorm, has sold almost its entire collection of 500 prints
of Damien Hirst’s Valium at £1,700 a piece, little more than
a month after they went on sale, while rival site Britart.com
took 100 orders for prints by his contemporary Gary Hume the
first day they went on sale." The
Scotsman 02/04/01
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ART
AND THE INTERNET: "Today, only 2% of international
art sales, valued by the EC at $7 billion, are actually well
known - and that's because those took place in public auctions.
With the help of the Internet, that figure is sure to rise,
since information can now circulate on a larger scale, allowing
the value of art to be redefined and modernized."
BusinessWeek 01/24/01
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E-ART
CONSOLIDATION: As consolidation in the electronic art
selling business continues, icollector and eBay form an alliance
to sell art on the internet. "The deal comes as eBay
revamps its high-end art site Great Collections, which is
being transformed into a new art-and-antiques site, eBay Premier
(ebaypremier.com)." The Art
Newspaper 01/24/01
-
ROUGH
TIME ONLINE: All in all, it's been a tough year for online
sales of art. Sites have folded, and others are barely hanging
on, pressured to turn profits. " While those observers
who are skeptical of the Internet's potential as a marketplace
for high-end art note the financial instability of the past
year, optimists point to an increasing number of new collectors
who have emerged online." ArtNews
01/01
-
ART
DOTCOM FALLOUT: A year ago online art selling was seen
as the future of art sales. But a number of the online sellers
who crowded into cyberspace have failed at the task. Add Artnet
to the list. Artnet was "the first website to offer blue-chip
works of art for on-line sale. Now, less than two years later,
the company is cutting costs and reducing staff. In other
words, the company has given up trying to sell paintings on-line,
choosing to concentrate on prints and photographs."
The Art Newspaper 01/03/01
-
CLICKS
AND MORTAR ART: Online art auctions are making a play
for a piece of lucrative business. "What’s for sale online?
You can find everything from landscape paintings by little
known contemporary artists for $1,000 or less, to a $50,000
Tiffany lamp or a $3.5 million oil painting by French painter
Maurice De Vlaminck." MSNBC
10/01/00
-
ARTBIDDING:
Art auctions are going online. Though online auctions are
a relatively small business yet, the larger auction houses
are setting up. And a new Australian venture is testing the
waters: "The two partners say that by auctioning works
on Sold.com they are making 'highquality investment art' available
to the general public at up to half the normal retail price."
The Age (Melbourne) 09/28/00
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I
SOLD IT ON EBAY: Individual artists have discovered eBay
as a way to bypass the gallery system. And they're selling
their work. "It appears that the practical lessons of
Warhol have been absorbed: self promotion is as American as
one of Jackson Pollock's apple pies. What ebay artists have
learned is to be pragmatic. They can get real and promote
themselves or wait forever for a dealer to do it and create
a classier veneer."
ARTNewsroom.com 09/08/00
-
WIRED
ART: With artists, galleries and museums exploring
possibilities of the internet, there is a scramble to redefine
who has the power and where the audiences are for art on the
web.
Sunday Times (London) 08/20/00
-
VIRTUAL
ART FLEA MARKET:
What kind of art can
you buy online these days? "Curious about the growing
and radical phenomenon by which people are buying art they
can't see from sellers they can't see, I decided to shop for
art online and assemble my own art collection. My budget:
an even $1,000."
New
York Times 07/31/00 (one-time
registration required for entry)
-
ONLINE
ART REVOLUTION STALLS: It's been about a year since the
online art-selling companies launched in a big way, promising
to revolutionize the way is sold. How's business? "Looking
back one year later, that boat looks something like the Titanic:
imposing but doomed."
Auctionwatch.com (Art & Auction Magazine) 08/28/00
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BUYING
FREEDOM ONLINE: At around 6pm EST on June 29th, an
original first printing of The Declaration of Independence
sold for $8.14 million on Sothebys.com. The same copy, which
was last sold for $2.4 million, failed to sell at a regular
auction in 1993. So maybe it was the new technology,
which allows viewers to examine the document, and the fourth
of July holiday that spurred the buyer on. MSNBC
06/29/00
-
BUYING
ART UNSEEN: There has been
much conjecture in traditional gallery circles that collectors
were not likely to buy works of art over the internet without
first seeing them in person. But surprise - that's not proving
to be the case. "'That we would be selling works in the
$20,000, $30,000, and $40,000 range is a surprise,'' says the
president of Sothebys.com, which was launched by its Manhattan
auction-house parent in January" Businessweek.com
06/26/00
-
SOTHEBY'S
MOVES TO WEB: Sotheby's has decided to move its regular
February auction to the web, given how successful the online
operation has been. New
York Times 06/09/00 (one-time
registration required for entry)
-
MAKING
THE ART-SITE DANCE: Thomas Hoving, art-world showman and
former Met Museum director, has signed on to direct the considerable
editorial content of Artnet.com. He calls himself "just
another Internet hack trying to break some stories."
BusinessWeek 06/06/00
-
A
BUSINESS DECISION, NOT A CURIOSITY: After five months
in operation Sotheby's online auction operation is doing about
$1 million in sales a week. Now the company is selling a copy
of the Declaration of Indepdence online without a "flesh-and-blood
auctioneer drumming up excitement and coaxing bids from collectors."
Los Angeles Times 06/06/00
-
WILL
CLICK FOR ART? Last week's sham sale of a fake Diebenkorn
over an E-Bay auction had plenty of people scratching their
heads. Of course there was all the business about the speculation
over the painting. And yes it was peculiar how gullible some
people apparently are. But what really threw skeptics was
the fact that someone would actually pay six-figures for a
piece of art by clicking a mouse. Maybe the internet can sell
online art after all.
New
York Times 05/15/00 (one-time
registration required for entry)
-
THE
ART OF THE E-AUCTION: "The eBay con artists get all
the attention, but what about the lesser-known eBay artists?
That's right. There is a new breed of artist using the Internet
auction site as a forum for creative expression. Their work
is hard to categorize; it's a combination of conceptual art
and performance art, sort of like a digital happening in cyberspace.
Where else can an artist reach a potential audience of millions?
What better place to make a wry comment on our materialistic
consumer culture?" Boston
Globe 05/12/00
-
WAIT
AND SEE: Art dealers are rushing to the web, and some
are even claiming to be making money at it already. The Art
Newspaper talks to art dealers about the experience so far.
The
Art Newspaper 04/21/00
-
THE
RUSH TO E-COMMERCE: The Museum of
Modern Art and the Tate Museum team up on a commercial website
for art. Plans include selling commissioned design products
and offering educational programs such as live webcasts of
lectures and concerts. It will also carry archival material
on art. Profits from the site will help pay the museums' operating
expenses. New
York Times 04/17/00
(one-time registration required for entry)
-
THE
ART OF ONLINE: "Ten years ago, we used to have 500
people coming to an opening. Now it's closer to five than
500." Art galleries discover that many people prefer
the comfort of choosing art online.
CBC
04/12/00
-
TAKING
THE ELITE OUT OF SELLING ART: By some estimates, there
are currently some 20,000 Web sites involved in selling art,
and more are on the way. "Marketing experts say these
sites will permanently alter the way art is sold and radically
expand the market. Whether the sudden flood of art sites is
truly the dawn of a new era bringing riches to sellers and
creators of art or just a shift down-market disguised as technological
progress, only time will tell." Washington
Post 04/09/00
-
ONLINE
CLUB: Venerable Sotheby's got the
Dotcom bug last week and went online. But galleries sell elitism,
says one gallery director. “It’s a very, very private club
intended not to let people in, and if it gets too big, collectors
won’t want to be a part of it any more.” A risk of taking
the business online? The
Economist 01/29/00
-
ONLINE
ART: Suddenly a number of art sellers have made major
investments to get online. Will selling art online be a success?
Hard to tell since no one even really has a good idea what
the conventional art market is worth.
ARTnews 01/00
-
E-CURIOUS:
The internet has completely changed the world of collecting.
From antiques to baseball cards, the good stuff is increasingly
found not in the shops but online. Hartford
Courant 11/6/99