Art Investment

Sotheby's will no longer accept credit cards

Fans pay «plastic» will go to Christie's

According to the magazine New York, at Sotheby's auction now can not pay by credit card. By the end of 2008, the auction house had «plastic», but now its purchase, you can get only if you tell us cash, writes out a check or a bank transfer. The reason for this decision was that the credit cards at auction pays a relatively small number of buyers. Auction houses also stopped their production cards - Sotheby's Master Card, whose owners were entitled to various bonuses and benefits.

History of the auction house knows examples where buyers pay «credit» the very expensive works of art. For example, in 1995, billionaire Eli Brody (Eli Broad) bought with the help of American Express cards picture of Roy Lichtenstein (Roy Lichtenstein), entitled «I ... I'm sorry», which has cost him 2.47 million dollars.

fans of credit cards should not be upset: last fall to take «plastic» started main rival Sotheby's - the auction house Christie's. True, they are in a way you can pay only for the purchase price which shall not exceed 100 thousand dollars.

Material prepared Yulia Maksimova

Source: nymag.com , artinvestment.ru


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