The New York Times highlights the challenges faced by a growing online auction market, including a relative unwillingness by collectors to exceed certain prices when bidding for work, and concerns about work authenticity and provenance. “They feel comfortable up to about $10,000,” said Ben Hartley, a managing director at Auctionata, an online auction company. “Beyond that, people are still needing levels of trust. Online purchases are going to take time reaching the upper limits.”
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