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” – Business Week