SAN JOSE Calif.

SAN JOSE Calif.--eBay Inc. (www.ebay.com), a leading online trading community, has announced a of the present day showcase for premium art, antiques and rare collectibles called eBay Premier, available at www.ebaypremier.com. The specialty site in succession eBay expands and improves about the previously existing eBay Great Collections site and is a outcome of the company's close collaboration with its many partners in the art world, including auction houses, galleries, dealers and collectors.

"We've made strides, however there is still much work to be done in bridging the art world and the Internet," said Geoff Iddison, general manager of eBay Premier. "The recently made known eBay Premier site has evolv from the feedback we've received since launching eBay Great Collections in October 1999 We've taken that feedback to create eBay Premier, a fresh and expanded destination for buying and selling fine works of art online."

With the launch of eBay Premier, the company plans to introduce just discovered value-added services for art enthusiasts, including a comprehensive art database which will provide one-stop access to historical data of millions of artworks, of recent origin category-specific content and scheduled theme sales. Other of recent origin features of eBay Premier include a user-friendly, easy-to-navigate interface, enhanced help menus and a just discovered "Premier Guarantee" program in which eBay, together with reputable international venders will stand behind and guarantee the authenticity of each item on eBay Premier.

With the lately launched Live Auctions tool, eBay Premier also provides live, real-time online bidding upon items being sold on the sales floors of auction houses around the world. The recent feature empowers traditional auctioneers to protract their sales beyond the auction exhibit to room and reach millions of potential buyer online between the sides of eBay's proprietary Live Auctions technology, according to the company.

eBay Premier also enhances its offering with just discovered partners. At launch, new partners included Guild.com and Latinarte.com, which will each utilize eBay Premier to list one's own for sale in the auction format. one as well as the other will have featured areas onward eBay Premier that will link to co-branded versions of their sites.

Finally, eBay Premier institutes a "buyer's premium," which is a 10 percent additional remuneration traditionally charged by auction houses in succession the sale of fine suitables The buyer's premium encourages auction houses and dealers to list the high-quality merchandise that would normally single be available in showrooms and galleries onward the site. It also gives buyer value-added services, so as authenticity guarantees, provenance research, ongoing customer support and professional shipping and handling.

"eBay has dearly revolutionized the way the bulk of mankind buy and sell practical and collectible items online. With eBay Premier, we reliance to do the same for works of art," said Iddison. "We've added novel features and services we believe will create the right mix for attracting venders of high-quality art while giving buyer access to world-class art and expertise."

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