Online art auctions broadcast directly from artist’s studios.
In 2020, auction houses faced an unexpected challenge; due to the pandemic, large gatherings of people were no longer permitted and the majority of bidders would be clicking a mouse as opposed to raising their hands.
Whilst online bidding is not a new concept, the technology continues to improve and evolve and recent developments have proved to be particularly exciting; with little more than a strong wifi connection, a camera and a laptop, auctioneers can host their sales from virtually anywhere that takes their fancy
It was this compelling notion that piqued my interest and, in turn, led to the establishment of Exhibit Auctions, a boutique auction service unconstrained by fixed premises.
In a nutshell, each auction is broadcast live from a unique setting and consists of a small number of cherry-picked artworks. Bidding can be carried out online in real time or bids can be left in advance. And the best part? There is no buyer’s commission. At traditional auction houses, buyer’s commission is usually set at 20-25%, but at Exhibit Auctions, apart from the cost of delivery, what you bid is what you pay.
Exhibit Auctions is open to everyone and I sincerely hope that – figuratively speaking – you’ll raise your hand to place a bid with us sometime soon