Q&A
Q: How a lot of a fee do you charge?
A: We don't "cost" a commission at all. We pay you a fair worth in your artwork, after which promote at auction. If there is a loss, we soak up all the loss. If there's a profit, we cut up the profit with you, and that's our commission.
Q: Why ought to I promote my artwork to a different art seller?
A: The reply is, you shouldn't. It is unnecessary to promote to another supplier for the same value as we can pay you. We will break up the profit with you. The other supplier won't. Within the unlikely event that you just obtain a better supply than ours, we are going to match any official offer - plus 50% of the auction profit. An art seller will typically try to purchase a painting for half of what she or he thinks he can sell it for, however he is not going to split his revenue with you.
Q: Who transports my artwork?
A: We will pay for delivery of your artwork, normally through your native UPS store. (This price is split 50-50 after portray sells.) All art is fully insured. Skilled packers will professionally wrap your work and produce them to us. We suggest that each one work be shipped "double-boxed" - protected by heavy-duty cardboard, bubble pack, styrofoam, and then placed in a second heavy-obligation cardboard box.
Q: Do greater estimates increase public sale prices?
A: No. Whereas most consignors try and affect auction homes to catalog their artwork at excessive estimates, this will not result in larger prices. A modest estimate encourages competition, and a painting will normally promote for the next worth when ten collectors are bidding on it than when only two or three individuals are bidding.
Q: What if my portray does not sell at auction?
A: If we buy your portray or art assortment, and it fails to promote at public sale, we own it. You have got already been paid, and also you do not need to worry about selling it a second time. Should you would prefer to take 100% of the danger of promoting at auction, that's your choice. But if your painting does not sell, you're going to get it back. In addition, the auction home will charge you insurance, handling and transport fees. And you should have no money until you promote your painting.
Q: Is it bad if a portray fails to promote at public sale?
A: Yes. Work are offered at public sale with a "reserve" or minimal selling price. It's important that this reserve is truthful and affordable or serious bidders will not compete. If a portray fails to promote at auction, which happens continuously, the message to the artwork market is: There's something fallacious with this painting. It is the "kiss of dying" for a painting to not sell at auction. When a portray fails to promote, dealers and collectors might try to buy it for half of its estimated value. To be able to re-consign the portray to a brand new public sale, you will have to drastically cut back the price, and it nonetheless might not sell the second time. A "recent to the market" portray creates essentially the most pleasure, not a resale.
Q: Isn't every art supplier an artwork dealer?
A: No. A "vendor" buys your paintings, sculpture, antiques and collectibles for stock and resale at a worth that maximizes their own profits. They do not share the revenue with you. If we buy your painting for $10,000 and it sells for $20,000, we split the $10,000 revenue with you. If an artwork seller sells it for $20,000, he retains the extra $10,000. As we stated, nobody else on this planet will offer you this deal.
Q: Why do paintings by the identical artist carry such different costs?
A: Comparable" paintings by the identical artist aren't price the same price. If two work are the identical quality, the larger size may do better. Or, an artist might have painted higher at completely different times in his career. For instance, the good American Impressionist Birger Sandzen was at the peak of his ability and creativity within the 1920's. By the 1940's Sandzen's brushstrokes had softened and his coloration palette was more restricted, his compositions extra predictable and formulaic. Sandzen's material remained the same, wild and windblown timber set amidst twisted rivers, purple mountains and Van Gogh like skies. While his later work will bring $forty,000 to $60,000 at public sale, his earlier masterpieces can command over $100,000. Provenance and situation are also key components in realizing prime dollar.
Q: What do you buy as an public sale accomplice besides artwork?
A: We additionally buy antiques, collectibles and uncommon coins and stamps. We are experts in rare coins, having written 7 books on the topic since 1977. We now have additionally created exclusive autographed coin applications in association with two former U.S.