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Amazon now lets you name your price on fine art

amazon-fine-art-bidding-2014-12-09-03

 

If you don’t like the price on an Amazon Collectible & Fine Art item, you can now dicker for it instead. A new “make an offer” feature cropped up on the third-party marketplace site today , allowing an alternative to paying the preset price. Amazon launched a failed auction site 15 years ago to compete with eBay, but the new system only allows private bids. Venders can accept, reject or counter an offer within 72 hours, and buyers can reply to any counter-offer within another three days. Amazon’s upscale marketplace features over 15 million items valued up to three million dollars, though only about 175,000 carry the new option. It plans to expand it next year, however, so maybe you can clear space on your mantle for that $450,000 “Bat” Masterson manuscript after all.

VIA: Reuters

SOURCE: Amazon (Collectibles & Fine Art)

 

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