A Digital Buy-Now Marketplace Empowering Preeminent Gallery Partners To Make Immediate Online Sales
Sotheby’s Gallery Network Provides Each Partner With a Bespoke Online Presence, Featuring a Digital Viewing Room of Works
Available for Sale Exclusively Through Sotheby’s At Publicly-Listed Prices
Buy-Now Purchases Are Completed Seamlessly On Sotheby’s Online Platform
Bringing Unique Collecting Opportunities to New & Established Clients Worldwide
LAUNCH PARTNERS:
Gavin Brown’s enterprise | Jack Shainman Gallery
Kasmin Gallery | Lehmann Maupin
Luhring Augustine | Petzel Gallery
Sperone Westwater | Van Doren Waxter
NEW YORK, 28 APRIL 2020 – We are pleased to announce today’s launch of Sotheby’s Gallery Network: an online, buy-now marketplace for a selection of trusted gallery partners on sothebys.com. Sotheby’s Gallery Network will help our partners to make immediate sales during these unprecedented times, by utilizing both our extensive digital reach and our full-service transactional platform.
Sotheby’s Gallery Network will provide each of our partners with a bespoke online presence, featuring a digital viewing room of property available for immediate sale at publicly-listed prices. Purchases of works valued up to $150,000 can be completed with ease as point-of-sale transactions on Sotheby’s online platform. Users will have the option to “enquire” regarding the sale of works listed in excess of $150,000.
All works listed by our partners through the Gallery Network are offered exclusively through Sotheby’s, with our standards of scholarship and authenticity applying to all works on offer. Works will be delivered directly to purchasers worldwide, subject to any local restrictions.
By participating in Sotheby’s Gallery Network, partners also will benefit from our extensive digital marketing channels, bringing their artists and works to new global audiences. The platform will present clients worldwide with new collecting opportunities, offering priority access to works by both established and highly-coveted up-and-coming artists.
Sotheby’s Gallery Network launches today in partnership with a selection of New York’s most respected galleries:
Gavin Brown’s enterprise
Jack Shainman Gallery
Kasmin Gallery
Lehmann Maupin
Luhring Augustine
Petzel Gallery
Sperone Westwater
Van Doren Waxter
"As the art world continues to grapple with and acclimate to the circumstances of our current moment, we are proud to be able to support our gallery peers with this online sales platform, as well as offer Sotheby’s clients new and exclusive works of art through this partnership with many internationally-renowned galleries. Sotheby’s has made a point of investing significantly in our proprietary digital tools over the past several years, and this network provides an opportunity to extend that investment to support the larger art market during this time. By uniting our different strengths, we believe this type of cooperative arrangement can be a model for success not only during the short-term, but also as a long-term reciprocal project to support all levels of the market."
"The digital world is so important these days. This was true long before COVID-19 but is ever more apparent to us now. When we team up with partners and collaborate, our world becomes bigger. In this new initiative, we see an opportunity to expand our reach and promote our artists and their work to an international audience. One of Sotheby’s strengths is its commitment to curatorial integrity, even when dealing with the marketplace. We trust they will provide rich curatorial context for our artists when showcasing artworks online. This context is extremely important to us, as is the ability for collectors to have a seamless experience online, including the ability for direct purchase."
"It is our pleasure to be included in the inaugural group of galleries invited to take part in Sotheby’s new Gallery Network online platform, along with many of our esteemed colleagues. As we celebrate our 35th anniversary, we continue in our steadfast dedication to introduce a continually expanding audience to the extraordinary work of the renowned artists with whom we are proud to collaborate. Our participation in this initiative continues in that very spirit."
"2020 marks the 45th anniversary of our gallery, and this year we designed our program to reflect our history by showcasing the work of artists who have shown with the gallery for many years. With exhibitions currently on pause, the Sotheby’s Gallery Network offers us the opportunity to share our history and highlight the work of this extraordinary group of artists in a way that has been intelligently tailored to the current situation. We are excited about this new initiative and believe it will suit the gallery well."
SOTHEBY’S SERVICES
Sotheby’s Online Consignment Tool remains open for specialist evaluations of all manner. Since launching in 2017, the online consignment tool has been an invaluable service for clients interested in receiving remote feedback from our specialists. In 2019 alone, more than $83 million worth of property was sold globally at Sotheby’s following inquiries through the interface.
Sotheby’s will also continue to offer clients a range of services, including Private Sale opportunities and lending through Sotheby’s Financial Services, taking into account the relevant geographical restrictions.
For more on how to bid online at Sotheby’s, click here for an informative video and registration details.
Please download the latest version of our app and visit our website to continue to stay up to date from wherever you are in the world.
About Sotheby’s
Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s has a global network of 80 offices in 40 countries and presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as the collection, artist, estate & foundation advisory services of its subsidiary, Art Agency, Partners. Sotheby’s also presents private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Global Fine Art Division, and three retail businesses: Sotheby’s Wine, Sotheby’s Diamonds, and Sotheby’s Home, the online marketplace for interior design.
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*Estimates do not include buyer’s premium. Prices achieved include the hammer price plus buyer’s premium and are net of any fees paid to the purchaser where the purchaser provided an irrevocable bid.
Images are available upon request
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