Fine Art Auctions 101

Broadly speaking, fine art is a term used to describe the creation and studying of visual arts. This art form is basically practiced to appreciate art in its true form and to understand its beauty and to study “art for art’s sake”. Its main branches spread out to painting, drawing, sculpting, architecture and music etc, but in modern times, film, photography and printmaking are also considered a part of fine arts.

There are hundreds of universities and institutes around the world that offer fine arts as a separate course for students to study, including one of the best Universities in the world, Oxford. Some of the earliest academies include Academy of the Art of Design in Florence (Accademia dell’Arte del Disegno) and Fine Art Academy of Rome (Accademia di San Luca).

The courses these institutes offer train the students to be and think like an artist and apply those practices in real life. Some courses even teach the students to develop a solid understanding and a superior grasp over the subject to deal with the critical debates that surround the contemporary art. Many of the students who take up the course aim to become professional artists and pursue it as a profession. These are the artists whose works come up for sale at fine art auctions.

Fine arts are a lucrative business for many artists since there are many collectors around the world who dish out huge sums of money for certain types of artwork. The sale of their creations is usually done through a fine art auction where an auction catalog is available for the art lovers to browse for their favorite artwork.

Innovative Ideas To Increase Your Art Sales

One of the most difficult challenges an artist faces is making a living. While long-term gallery representation is a way to achieve financial independence, many artists do not have the resources for it. However, artists have effectively come up with other innovative methods to bulk up art sales. So, read on to learn more:

Increase Name Recognition
One of the easiest ways to perk up your fine art sale is by increasing your name recognition. The best-known artists are able to sell a lot of art because it is accessible and visible to collectors. So, you have to look at your art as a form of advertising as well. Display it in places that are frequently visited by people who appreciate art. Good possibilities are hotels, coffee shops, boutiques, waiting rooms, interior decorating businesses and so on.

Advertise & Sell Art Online
Don’t be surprised if you find out that some artists make money by advertising and selling their art online. Yes, the internet is one of the most effective ways to reach a wide audience. Advertise on trade websites or make your presence known on the ever-growing world of social media. You can even create your website and place pictures of your valuable pieces that are on sale.

Hold a Studio Sale
If you have excess art, why not have a studio sale? Invite everyone you can and cut down prices by half. However, keep your best pieces aside, but at the same time showcase a good selection. This is a good way to build up your market, but it’s advised to use this as a one-time opportunity only.

Auction Your Art
Selling your art in art auctions is always a good way to fetch a high price on your best pieces. However, since you are new, you might have to sell it for less than half its price but it would be totally worth the recognition and customers you will gain in return.

So, by following these ideas, you just might be able to boost your art sales.

Buying the Right Piece from an Art Auction

Art auctions are not limited to physical houses anymore. The World Wide Web has made the sale of art much simpler than it was before. Websites like eBay and Amazon are even joining the trend, offering for sale pieces by both emerging and established artists. Now a fine art sale is not as easy as it may sound. There are many factors that you need to consider and keep in mind before going through with such a purchase. This is even more vital for beginners who have had no such experience in the past.

To buy the right piece of art, you need to keep the following factors in check:

• Identify the art form you are interested in. For example, if you are interested in abstract art, it is necessary that you do your research it. Having the proper knowledge will ensure that you make the right purchase.

• Browse through the various options available to you. Going through magazines, websites and art auctions for art sales is a good idea. Doing so will give you a clear understanding of the options available to you, allowing to choose what suits you best.

• After you have made your choice, it is necessary to ensure that the piece of art is authentic. An art appraiser can help in the verification and valuation process.

• Keep track of the piece’s previous owners. Fine art auctions mostly have a track record of all their previous sales history. This can be a good way of judging whether the seller is reputable or not.

After reviewing these tips, you will be able to make an effective purchase of an art piece that suits your needs.

What You Need To Know Before Bidding for an Art

In this day and age, online fine art auctions have become quite common. People are constantly bidding for pieces of art online. However, if you happen to be new to the world of online action, you may want to consider a few points before bidding on anything.

Beginners must first decide what kind of art they wish to get. Some top options include impression art, oil painting and, of course, abstract art. You should also read a bit on the art category that you’re interested in. This will help you discover more on the given art category, such as its history and implication.

There are loads of quality websites that provide comprehensive information on various art categories. You may also check out the art books and magazines available in your local library. As you can see, finding information shouldn’t be much of a hassle.

So after figuring out what you actually want, surf though different fine art auction houses. Upon finding the art piece you like, you need to determine its authenticity. A professional art appraiser can help you determine the real worth of art.

Generally, pieces of art found at renowned action houses are already appraised. So you need not to worry about its authenticity. But when looking for art in small auction houses, you need to be a bit more judicious. So contact the art house and inquire about the art, prior to purchasing it. Auction houses normally keep a record of the seller’s history and credibility, so rest assured that your money won’t go to waste.

Selecting the Right Piece at an Art Auction

Today, you can find several online art auction houses to buy art pieces from. However, before doing so, it is important that you are aware of some important factors for selecting one, especially if you are new to this concept. It is important to carry out substantial research regarding this matter before making your first purchase.

If it your first time placing bids at art auctions, the first thing you need to consider is the type of pieces you are interested in. Do you like abstract art or oil-based paintings? Reading about the category you are interested in helps with the process. Do some research and find out about the movements and history of the type of art that you are into.

Another good way of doing so is to read art books, magazines and periodicals. You can find some very good art books through Amazon, your local bookstores or even a library near your place. Visit a few auction houses to find out more about the type of art pieces you are interested in. Auction houses usually have detailed information on the pieces that are up for auction.

Once you have selected an art piece to purchase, it is important to confirm its authenticity. The best way to do this is to contact a professional appraiser. However, it may cost you some money that you might not want to spend. To avoid this dilemma, do sufficient research and only attend an art auction held at a reputable auction house.

How to Purchase Art

There are many people who love buying art. They often buy art at a good price and later on sell it for a higher price. However, there are certain things to consider when purchasing art. Let’s look at how one should buy at a fine art sale:

Buy Art You Like

One of the biggest mistakes made in art purchases is buying a piece solely for its monetary value. Such sales seldom result in a success. On the contrary an art piece should be bought because you appreciate the thought behind it. Simply purchasing it to turn a profit doesn’t always guarantee substantial returns.

Research the Art for Sale

Prior to purchasing the art piece you should do ample research. You should evaluate the piece’s condition and quality. Moreover, you should confirm if it indeed holds the value that the owner claims it does. You should also check how rare the art piece is. Most importantly, you should try and gain as much information as possible about the history of the art piece. Only then you can be sure that the piece you have bought is a good buy.

The premier brand Deutscher~Menzies conducted its first auction in April 1998. Founded by Rod Menzies and Chris Deutscher, Deutscher~Menzies’ arrival on the local stage was perceived as a bold and brave step that would see them compete with a long established Australian art auction scene.

 

Consult Art Experts

There are times when you can’t determine whether or not you should buy the art. This may be because you weren’t able to find substantial information regarding it. In such cases it is best to consult a fine art sale expert. Experts love to guide others and provide their opinion about art pieces and should be able to point you in the right direction.

Keep these art-purchasing tips in mind and you should have no problem being a successful art trader.

 

Fine Art Auction

If you have never been to a fine art auction before, you might want to check one out. This is especially true if you consider your self a lover of art and creative expression. These events can be excellent opportunities to expand your knowledge of what’s out there and walk away with a new appreciation for the art world. If you yourself are an artist, there’s also the possibility that you will meet some people who have some interesting connections.

In the event that you have some money you are hoping to invest, attending a fine art auction could be an even better experience. There are auctions taking place all over the world, specializing in all manner of different arts and styles, so it is likely that you would be able to find the events that appeal to your specific tastes. Bidding on the pieces at these auctions could be a great way to begin a collection or expand one that already exists.

Of course, it’s generally a good idea to walk into auctions with at least some idea of what you are looking for and what you are willing to spend. If you wind up in a competitive auction, it can be easy to get carried away by the spirit of the thing and wind up bidding more than you had initially intended. Then again, most of the pieces that you would come across at a fine art auction could be thought of as an investment. Smart art purchases will appreciate in value over time and could be passed down as heirlooms.

Know About Art Auctions and Art Valuation

Deutscher~Menzies, Australia’s premier brand of fine art auctions, was founded in 1998. In April of that year, founders Rod Menzies and Chris Deutscher came up with a brilliant idea. On a local stage they held their first bid for a collection of artwork pulled from local and foreign artists. Business started booming, and the company soon had a large following. Soon after this bold leap into the art auction world, Rod Menzies and Chris Deutscher’s business started enjoying great success. Menzies Art Brand has been satisfying the masses every year with their annual auction shows. At a Deutscher~Menzies art sale, you can expect some highly recognized artists to be showcasing their most coveted works.

In 2006, under the leadership of the company’s executive chairman, Rod Menzies, the business experienced their most successful sales record. By 2007, the brand had nearly doubled their approval rate from the previous year. Since then, the company has been steadfastly growing, and welcomes the yearly return of customers to flood the audience of the audience of their art auctions.

Deutscher~Menzies has been able to achieve this success by carefully curating and applying their refined taste in beautiful artwork. They currently are Australia’s leaders in the market of art auctions sales. Deutscher~Menzies only employs the most dedicated specialists who are also fine-art aficionados. The knowledge and expertise of the company’s team is unmatched. Deutscher~Menzies specializes in art appraisals, private art valuation, and collection management. For fifteen years, Menzies Art Brand has continually provided outstanding results to the Australian community of fine-art connoisseurs.

Let Menzies Help You Perfect Your Fine Art Collection

Do you have a fine piece of art, or perhaps a full collection that you’d like to sell? Maybe you’re a collector looking to improve or add to your collection. If so, then you need the services of a fine art valuation and auction company.

Menzies Fine Art Brands is the leading auctioneer of fine art in Australia, and with locations in Sydney and Melbourne, getting your pieces evaluated has never been easier. If you don’t live in Australia, they offer an e-valuation service through their website. By simply taking a picture with a digital camera and sending it to them, Menzies can offer you an estimated valuation for your pieces, which can help you decide if you should buy or sell it. Menzies’ art valuations are accurate and discreet, as they are 100% confidential.

By offering services that go above and beyond their customer’s expectations, Menzies is able to retain their status as the leading fine art company in Australia. When you use Menzies Fine Art Brands to help you locate your next addition to your collection, or liquidate that piece you don’t wish to keep anymore, you can rest assured that you have retained the services of a truly professional team of people.

Visit Menzies’ website today, and learn how they can help you sell your art, locate fine art auctions, or receive a fine art valuation.

Getting the best out of an fine art auction

The fine art auction industry commands a huge following from individual who have a taste for antique and treasured artworks. When you decide to purchase from a given fine art auction, there are several decisions you need to make especially where sensitive items are going up for bidders to buy. If you are looking for the best deals in an art auction, you need to prepare ahead so that you do not get caught making rushed decision in the last minute. Here are some ways to help to you get the best out of an art sale exhibition.

Apply for the Auction Catalog

When an auction sets up a given lot for sale through auctions, they will have a catalogue for the specific sale. You need to acquire the catalogue prior to the sale so as to get a better picture of what to expect especially where art valuations and condition of a given item is concerned. If you are buying, you are able to get estimates rather than going blindly into a bidding exercise. Catalogues are a buyer’s best option since they will help you get art appraisals on items without stretching your budget.

Preview items

If you want to have specific items going up for sale in art for sale exhibition, consider viewing the lots in person. Most art auctions will arrange to have bidders go through a screening process before the actual sale. Having a pre sale experience with a given piece you intend to buy will help you make a crucial decision when the real bidding comes up. Most fine art auctions will offer you expert advice during such previews thus giving you the chance to get the best out of a sale.

Set a Limit and Stick to It

 When you are looking for the best answers on How to Sell Your Art, you may consider drawing up a solid plan that will enhance your success in art auctions, art sales, fine estimates and final hammer prices. Even though the item might look appealing, do not overstretch your budget.