FID Prize Auctions

The FID recently announced that it will begin FID Prize Auctions. These auctions will showcase anonymous art online with secret (and reasonable) ceiling prices; clever ways of getting potential buyers to focus on actual art. Participants may even be able to afford a work that they love. This inclusive approach counteracts today's financially driven art auctions. I just hope that more drawings sell than paintings and photographs. For more information, see their website.