Amazon to start selling fine art from this summer

Letter to NY galleries from its new business department invites them to "light snacks and refreshments" tomorrow
The Amazon logo
The Amazon logo


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Not content with selling just about everything made on the planet today, Amazon is making perhaps its boldest move yet - into selling fine art. A letter sent out from the company's business development department last Friday invited selected galleries to a get together to talk about a new site Amazon Fine Art Gallery, apparently due to launch later this summer. 

Part of the letter read: "This summer Amazon is planning to launch a Fine Art Gallery where customers will be able to purchase original artwork offered by a select group of invited galleries via Amazon.com. You are cordially invited to a special event in New York where we will introduce the Amazon Art marketplace to New York galleries.


We’re inviting you and a select group of your peers to join us for light snacks and refreshments on Wednesday, May 22, to learn more about connecting with new customers and driving sales on our platform. We have received overwhelming support from the galleries that have already joined the platform and we would love the opportunity to offer your gallery’s selection in the Amazon Art Gallery."

 

Amazon's CEO Jeff Bozos

Amazon's CEO Jeff Bozos

Amazon appears to be targeting middle market galleries, some of which have suffered slightly since the art-buying action moved perceptibly to the top of the market. The approach is also noteworthy as it appears to be very different from the way that Amazon sidestepped the book and music buying business on its launch and relatively quickly, effectively replaced it.

In selling art Amazon obviously needs the reassurance a gallery offers the buyer when making a purchase. Hence the letter inviting them to become a part of the endeavour. Expect a formal  announcement tomorrow. The best art buying advice of course comes from legendary New York art advisors Ethan Wagner and Thea Westreich Wagner. You can find some of it in our recent interview with them and a whole lot more of it in their wonderful new book, Collecting Art for Love, Money and More.


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READ MORE ABOUT COLLECTING ART
  • Collecting Art for Love, Money and More
  • Collecting Art for Love, Money and More
Arranged into ten topics that are approached through a key question and answer format, art advisors Thea Westreich Wagner and Ethan Wagner offer an accessible yet unrivalled insider’s view into the often opaque world of collecting art, drawing from their extensive experience in working with collectors and institutions of contemporary art.

Collecting Art for Love, Money and More looks at why collecting art is a completely unique experience that offers emotional, intellectual and social rewards. The authors argue that the motivations for acquiring a work of art and building a collection, unlike buying anything else, may be any combination of investment potential, aesthetics, love of art, challenge, intellectual exploration, social status, adrenaline rush, ego-building or public attention.

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Collecting Art for Love, Money and More

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