Will Anyone Bid $60 Million Online for a Painting?

The Four Percent

No one has ever gone online to buy a $60 million work of art, but that is precisely what Sotheby’s hopes happens when the New York auction house conducts its biggest sales of the season in an experimental, telethon-like format.

This year, the pandemic prevented Sotheby’s from inviting several hundred bidders into its Upper East Side saleroom as it does every spring. Instead, the house postponed and then converted its May series into a trio of back-to-back online evening sales that will be held in real time beginning at 6:30…

Source link Lifestyle

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