«I JUST READ EVERYTHING»

Buying art remotely doesn’t seem so absurd when you consider that it happens all the time at Christie’s and Sotheby’s, two of the most prominent auction houses in the world. As CNBC reported earlier this summer, 27 percent of Christie’s $6.3 billion in sales last year came from online bidding. Similarly, Sotheby’s BidNow program allows online bidders to participate in all its auctions except wine, and the auction house has also long accepted bids by phone. But the bit auction houses differ from Amazon Art markedly in that they still conduct most of their auctions in person or by phone. And both have the considerable cachet they’ve been accumulating since their founding back in the 18th century.

-The Daily Beast