Would you buy fine art from
The online retail giant is in talks with galleries across the country to sell high-end art on its site starting as soon as July, the
Amazon will charge art houses a $100 monthly membership fee, which will be waived for early adopters through 2015, and take a 5% to 20% percent cut in commission, depending on the price of the piece, according to WSJ.
PHOTOS: Arts and culture by The Times
The e-tailer, which recently started selling wine and upscale apparel, has been trying to attract a more high-end clientele. The international art market, which last year reached about $60 billion in sales, seems to be attracting more online buyers.
An analysis from Hiscox, which insures art at galleries, museums and auction houses, found that 64% of collectors surveyed bought art via the Web. And online art sales are estimated to grow from $870 million in 2012 to $2.1 billion by 2017, according to the report.
This isn't the first time Amazon has tried to sell fine art. The site had a 16-month partnership with
Yahoo and EBay also made several attempts at fine art sales with little success.