What, you might ask, do dealers stand to gain from making information available online if it merely gives leverage to their customers? The answer is that the Internet stands to expand the market as a whole more than enough to compensate them for having to compete with each other. A gallery in Geneva or Berlin can now sell artwork to someone who never leaves Iowa City. Some even think that while Internet competition may drive prices down initially, prices will rise as sellers are matched with buyers and the market clears. Neuendorf, for one, says he expects the Web to drive art prices through the roof. Judging from what Pez dispensers are fetching on eBay, he might just be right.
TODAY IN SLATE
Smash and Grab
Will competitive Senate contests in Kansas and South Dakota lead to more late-breaking races in future elections?
Even When They Go to College, the Poor Sometimes Stay Poor
Here’s Just How Far a Southern Woman May Have to Drive to Get an Abortion
The Most Ingenious Teaching Device Ever Invented
Marvel’s Civil War Is a Far-Right Paranoid Fantasy
It’s also a mess. Can the movies do better?
Sprawl, Decadence, and Environmental Ruin in Nevada
An All-Female Mission to Mars
As a NASA guinea pig, I verified that women would be cheaper to launch than men.