Ebay's attempt to sell art again
Third time's a charm
The California based branch of online auction store eBay will launch an art project for the procurement and sale of art pieces, for which they are consulting with well-known New York critic Josh Baer (author of art industry newsletter The Baer Faxt).
In the late 90s, eBay owned stake in a major auction house Butterfield & Butterfield, which was then successfully sold on to Bonhams Auctioneers in 2002. There was then a short-lived and fruitless partnership with Sotheby's. After 10 years of 'cultural starvation', it seems that eBay is starting all over again... hot on the heels of rival Amazon, who launched its successful Fine Art & Collectibles section earlier this year.