Christie’s is to stage its first online auction in Switzerland next month, offering internet users the chance to bid for lots at the click of a mouse.

The auctioneers say security has been a top priority in designing the system, adding that all virtual clients will be carefully vetted.

The online auction service will get its first run-out in Switzerland on May 14 during a watch sale in Geneva that is expected to fetch in excess of SFr13 million ($15.6 million).

Posted: 04|28|07 at 2:16 pm. Filed under: Auction News.