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ADVICE π° Buying & Selling Art at Auction, by Daniel Silk on Aug 16, 2008 12:26:23 GMT 1, www.independent.co.uk/money/invest-save/in-a-crunch-donrsquot-forget-the-classics-898864.html
In a crunch, donβt forget the classics
Art, wine, stamps and jewellery are booming amid the economic gloom, says Gwyn Jones
Saturday, 16 August 2008
First-half results this year for banks might be depressing reading, but it's a different story for the auction houses, which are notching up ever increasing sales in their best-selling categories β including art, furniture and jewellery. As equity markets plunge and rising inflation erodes the value of cash savings, alternative markets are worth a look.
Fine art
World records just keep on being broken in the art market. Sotheby's art sales are up 14 per cent against 2007, Christie's up 10 per cent. The latter's Impressionist and modern art sale in London produced the highest ever sales total for an art auction held in Europe: not a market hit by a credit crunch. There's no squeeze on the finances of the person who paid nearly Β£41m this year for Monet's Le Bassin aux NymphΓ©as.
The big growth is from the world's emerging economies: China, India and Russia. But at the lower end, new markets are still emerging within the UK. Bonhams held an urban art sale in February at which 500 people turned up, battling to buy works by artists such as Banksy.
For those of us without a spare Β£30m or so, there is the option of art funds. These investment vehicles include the Fine Art Fund (www.thefineartfund.com), whose 30-strong team travels the world buying and selling art. So far, the fund can boast more than 20 per cent compound returns per annum. To invest in its general fund you'll need a minimum of Β£125,000, but that allows you to have a share in a Picasso or a Bacon, something most individual investors would never be able to do. There's even a fine art hedge fund in Guernsey.
Though art has seen some meteoric rises, that might not continue. The advantage is that there is a very limited supply. And if you can afford to buy works themselves, then you get a great painting or sculpture to enjoy β whatever the market.
Jewellery
Diamonds may be a girl's best friend, but they have all sorts of friends in times of economic uncertainty. With gold prices at a record high, investors have turned to another tangible commodity β high-quality jewellery. "Diamonds provide timeless elegance in a fast-moving fashion arena and, in many instances, maintain their worth," says Mich-elle Gonsalves of Bonhams.
The value of diamonds has more than doubled in the past four years; good quality, single-stone diamond rings are commanding particularly strong prices. Christie's have recorded a very strong jewellery market as well; a sale in June realised the highest total for any jewellery auction held in the UK. Jewellery has a worldwide market, which protects its value, but avoid items that are fashion dependent; classics are more likely to retain value.
Furniture
A practical investment that can also be (carefully) used is antique furniture. It's been a mixed market in recent years, though. The Antique Collectors Club's furniture price index had, from its inception in 1968, always beaten other tracked investments β until 2002, when it plummeted. It is the lower end of the market that has fallen: Victorian furniture is 40 to 50 per cent down on 2001, particularly the reproduction Georgian stuff mass-produced in the 19th century.
However, like most areas of the antique world, the top-quality end, where pieces are bought more as works of art, continues to rise. Quality will always sell: the Kenure Cabinet by Thomas Chippendale, for example, sold for Β£2.7m in June at Christie's, a record for British furniture (in fact, at the same auction, three other works surpassed the previous record). Gonsalves recommends the somewhat more affordable firms such as Gillows, Holland & Sons and Lamb of Manchester.
Wine
Christie's is enjoying its most successful year to date in fine wine. "There has been growing demand from traditional European and American buyers, and a resurgence of Asian interest," says spokesman Rik Pike. James Reed, wine expert at Sotheby's, agrees. "We were slightly worried a couple of years ago after there was a surge of interest in wine investment funds for pension plans, and then the UK Treasury took away the tax-free status β but that didn't have an effect. The credit crunch hasn't had an impact, and we've had a very good year despite wine duty increasing and a fall in sterling against the euro."
Prices are very strong particularly for the blue-chip wines such as the five first-growth Bordeaux chateaux β Margaux, Latour, Lafite-Rothschild, Mouton-Rothschild and Haut-Brion β and the top Burgundies, such as Domaine de la RomanΓ©e-Conti. However, Reed cautions that only the top stuff is selling really well.
Buying bottles or cases isn't the only way to invest in wine. En Primeur, offered by some of the top Bordeaux vineyards, allows investors to buy wines as futures. The vineyard will offer an amount of a new vintage at a set price; if it turns out to be a fantastic vintage, then you'll make money.
It is essential, as in all specialised areas, that you invest only with expert advice. One way to do this, as with art, is to buy into an investment fund such as the Vintage Wine Fund (www.vintagewinefund.com). This spreads the risk across a huge range of wines, though there is an obvious downside β you can't drink any of it.
Stamps
Over the past 50 years, rare stamps have averaged an annual return of 9.5 per cent, according to Adrian Roose, investment director at Stanley Gibbons (www.stanleygibbons.com). The company's top 100 stamps index still shows healthy gains for the first half of this year, up nearly 6 per cent. There are about 48 million stamp collectors worldwide, 18 million of them in China. British stamps are in demand as this was the first country to issue them.
Stanley Gibbons offers an investment vehicle for people who don't want to buy their own stamps. It's not a collective fund; rather, you tell the company how much to invest and it chooses the best stamps for you. It recommends only about 200 stamps β the rarest β for investment purposes.
"We can't see any reason why stamps won't continue to rise purely on a supply-and-demand basis," Roose says. "Supply is diminishing; one collector lost a Β£250,000 collection in a fire, for example. And we keep getting new customers. Ten years ago we had 950 new customers a year; last year, it was more than 23,000."
www.independent.co.uk/money/invest-save/in-a-crunch-donrsquot-forget-the-classics-898864.htmlIn a crunch, donβt forget the classics Art, wine, stamps and jewellery are booming amid the economic gloom, says Gwyn Jones Saturday, 16 August 2008 First-half results this year for banks might be depressing reading, but it's a different story for the auction houses, which are notching up ever increasing sales in their best-selling categories β including art, furniture and jewellery. As equity markets plunge and rising inflation erodes the value of cash savings, alternative markets are worth a look. Fine art World records just keep on being broken in the art market. Sotheby's art sales are up 14 per cent against 2007, Christie's up 10 per cent. The latter's Impressionist and modern art sale in London produced the highest ever sales total for an art auction held in Europe: not a market hit by a credit crunch. There's no squeeze on the finances of the person who paid nearly Β£41m this year for Monet's Le Bassin aux NymphΓ©as. The big growth is from the world's emerging economies: China, India and Russia. But at the lower end, new markets are still emerging within the UK. Bonhams held an urban art sale in February at which 500 people turned up, battling to buy works by artists such as Banksy. For those of us without a spare Β£30m or so, there is the option of art funds. These investment vehicles include the Fine Art Fund (www.thefineartfund.com), whose 30-strong team travels the world buying and selling art. So far, the fund can boast more than 20 per cent compound returns per annum. To invest in its general fund you'll need a minimum of Β£125,000, but that allows you to have a share in a Picasso or a Bacon, something most individual investors would never be able to do. There's even a fine art hedge fund in Guernsey. Though art has seen some meteoric rises, that might not continue. The advantage is that there is a very limited supply. And if you can afford to buy works themselves, then you get a great painting or sculpture to enjoy β whatever the market. Jewellery Diamonds may be a girl's best friend, but they have all sorts of friends in times of economic uncertainty. With gold prices at a record high, investors have turned to another tangible commodity β high-quality jewellery. "Diamonds provide timeless elegance in a fast-moving fashion arena and, in many instances, maintain their worth," says Mich-elle Gonsalves of Bonhams. The value of diamonds has more than doubled in the past four years; good quality, single-stone diamond rings are commanding particularly strong prices. Christie's have recorded a very strong jewellery market as well; a sale in June realised the highest total for any jewellery auction held in the UK. Jewellery has a worldwide market, which protects its value, but avoid items that are fashion dependent; classics are more likely to retain value. Furniture A practical investment that can also be (carefully) used is antique furniture. It's been a mixed market in recent years, though. The Antique Collectors Club's furniture price index had, from its inception in 1968, always beaten other tracked investments β until 2002, when it plummeted. It is the lower end of the market that has fallen: Victorian furniture is 40 to 50 per cent down on 2001, particularly the reproduction Georgian stuff mass-produced in the 19th century. However, like most areas of the antique world, the top-quality end, where pieces are bought more as works of art, continues to rise. Quality will always sell: the Kenure Cabinet by Thomas Chippendale, for example, sold for Β£2.7m in June at Christie's, a record for British furniture (in fact, at the same auction, three other works surpassed the previous record). Gonsalves recommends the somewhat more affordable firms such as Gillows, Holland & Sons and Lamb of Manchester. Wine Christie's is enjoying its most successful year to date in fine wine. "There has been growing demand from traditional European and American buyers, and a resurgence of Asian interest," says spokesman Rik Pike. James Reed, wine expert at Sotheby's, agrees. "We were slightly worried a couple of years ago after there was a surge of interest in wine investment funds for pension plans, and then the UK Treasury took away the tax-free status β but that didn't have an effect. The credit crunch hasn't had an impact, and we've had a very good year despite wine duty increasing and a fall in sterling against the euro." Prices are very strong particularly for the blue-chip wines such as the five first-growth Bordeaux chateaux β Margaux, Latour, Lafite-Rothschild, Mouton-Rothschild and Haut-Brion β and the top Burgundies, such as Domaine de la RomanΓ©e-Conti. However, Reed cautions that only the top stuff is selling really well. Buying bottles or cases isn't the only way to invest in wine. En Primeur, offered by some of the top Bordeaux vineyards, allows investors to buy wines as futures. The vineyard will offer an amount of a new vintage at a set price; if it turns out to be a fantastic vintage, then you'll make money. It is essential, as in all specialised areas, that you invest only with expert advice. One way to do this, as with art, is to buy into an investment fund such as the Vintage Wine Fund (www.vintagewinefund.com). This spreads the risk across a huge range of wines, though there is an obvious downside β you can't drink any of it. Stamps Over the past 50 years, rare stamps have averaged an annual return of 9.5 per cent, according to Adrian Roose, investment director at Stanley Gibbons (www.stanleygibbons.com). The company's top 100 stamps index still shows healthy gains for the first half of this year, up nearly 6 per cent. There are about 48 million stamp collectors worldwide, 18 million of them in China. British stamps are in demand as this was the first country to issue them. Stanley Gibbons offers an investment vehicle for people who don't want to buy their own stamps. It's not a collective fund; rather, you tell the company how much to invest and it chooses the best stamps for you. It recommends only about 200 stamps β the rarest β for investment purposes. "We can't see any reason why stamps won't continue to rise purely on a supply-and-demand basis," Roose says. "Supply is diminishing; one collector lost a Β£250,000 collection in a fire, for example. And we keep getting new customers. Ten years ago we had 950 new customers a year; last year, it was more than 23,000."
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 11:52:41 GMT 1, Im attending a sotherbys auction and have never been to one. Please can any experts give me tips on being successful or even point me to a web page with some tips on how to get the piece i want?
Im attending a sotherbys auction and have never been to one. Please can any experts give me tips on being successful or even point me to a web page with some tips on how to get the piece i want?
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Maxie
New Member
π¨οΈ 360
ππ» 1
December 2007
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ADVICE π° Buying & Selling Art at Auction, by Maxie on May 16, 2009 11:54:48 GMT 1, don't cough or sneeze ; )
don't cough or sneeze ; )
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 12:02:00 GMT 1, im going to have trouble contolling my tourrets......
im going to have trouble contolling my tourrets......
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ADVICE π° Buying & Selling Art at Auction, by grantb on May 16, 2009 12:06:10 GMT 1, you can easily get carried away at auctions so be aware of the amount your set to pay.
you can easily get carried away at auctions so be aware of the amount your set to pay.
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ADVICE π° Buying & Selling Art at Auction, by wiz on May 16, 2009 12:07:48 GMT 1, Go for it, you will become addicted to sales and your life will never be the same again, great fun. Only tip i would give is make sure you make your own mind up re whatever you are bidding on, dont go on someone elses report. 
Go for it, you will become addicted to sales and your life will never be the same again, great fun. Only tip i would give is make sure you make your own mind up re whatever you are bidding on, dont go on someone elses report. |
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 12:08:39 GMT 1, Im going to have a certain amount of money in my current account and that will be how i will limit my purchase ceiling.
Im going to have a certain amount of money in my current account and that will be how i will limit my purchase ceiling.
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 12:10:14 GMT 1, Go for it, you will become addicted to sales and your life will never be the same again, great fun.
thinking about it when i was young i got a car at an auction and the adreneline was going big style at the time.
Go for it, you will become addicted to sales and your life will never be the same again, great fun. thinking about it when i was young i got a car at an auction and the adreneline was going big style at the time. |
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 12:11:09 GMT 1, Should i wait till the bidding is over between other parties then step in or start early?
Should i wait till the bidding is over between other parties then step in or start early?
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ADVICE π° Buying & Selling Art at Auction, by wiz on May 16, 2009 12:14:49 GMT 1, Wait until the real bidding starts, but let them know you are bidding! just a wink or a sneeze only works in films then once you make your first bid auctioneer chops will keep coming back to see if you want to bid more. Dont forget the commission.
Wait until the real bidding starts, but let them know you are bidding! just a wink or a sneeze only works in films then once you make your first bid auctioneer chops will keep coming back to see if you want to bid more. Dont forget the commission.
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Deleted
π¨οΈ 0
ππ»
January 1970
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ADVICE π° Buying & Selling Art at Auction, by Deleted on May 16, 2009 12:15:43 GMT 1, Don't bid against yourself A friend of mine did that and they accepted the higher bid
Don't bid against yourself A friend of mine did that and they accepted the higher bid
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 12:24:08 GMT 1, Wait until the real bidding starts, but let them know you are bidding! just a wink or a sneeze only works in films then once you make your first bid auctioneer chops will keep coming back to see if you want to bid more. Dont forget the commission.
So bang an early bid in by raising the paddle and let them see your one of the bidding parties. After that just let the natural bidding commence and make your bid up yo your limit.
can you raise the price by being too eager to bid and constantly upping the bid (against another bidder) or doesnt it matter cos at the end of the day if you want to pay more than someone else then that will be the final factor?
Wait until the real bidding starts, but let them know you are bidding! just a wink or a sneeze only works in films then once you make your first bid auctioneer chops will keep coming back to see if you want to bid more. Dont forget the commission. So bang an early bid in by raising the paddle and let them see your one of the bidding parties. After that just let the natural bidding commence and make your bid up yo your limit. can you raise the price by being too eager to bid and constantly upping the bid (against another bidder) or doesnt it matter cos at the end of the day if you want to pay more than someone else then that will be the final factor? |
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ADVICE π° Buying & Selling Art at Auction, by wiz on May 16, 2009 13:07:45 GMT 1, What i meant was wait until the initial bidders have started the ball rolling and had a bit of fun and then come in later with the real bidders, otherwise you may be bidding for some time!, bid on something cheap and rubbish first to get a practice in!.
What i meant was wait until the initial bidders have started the ball rolling and had a bit of fun and then come in later with the real bidders, otherwise you may be bidding for some time!, bid on something cheap and rubbish first to get a practice in!.
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Deleted
π¨οΈ 0
ππ»
January 1970
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ADVICE π° Buying & Selling Art at Auction, by Deleted on May 16, 2009 13:57:21 GMT 1, great tips all. but.. what are you going for?
if you feel to share ofcourse..
great tips all. but.. what are you going for?
if you feel to share ofcourse..
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sashaz
New Member
π¨οΈ 744
ππ» 11
January 2009
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ADVICE π° Buying & Selling Art at Auction, by sashaz on May 16, 2009 17:02:36 GMT 1, sorry im superstitious so wont. will def post pics if i get it.
sorry im superstitious so wont. will def post pics if i get it.
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ADVICE π° Buying & Selling Art at Auction, by veralynn on May 16, 2009 17:45:30 GMT 1, I'm no expert in art auctions but have been to a few commercial property auctions in my time, only tips from that are know which piece you want, know your ceiling and stick to it (after factoring in commision) and don't tell anyone what you're interested in prior to that piece coming up.
I'm no expert in art auctions but have been to a few commercial property auctions in my time, only tips from that are know which piece you want, know your ceiling and stick to it (after factoring in commision) and don't tell anyone what you're interested in prior to that piece coming up.
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ADVICE π° Buying & Selling Art at Auction, by lumbo on Nov 8, 2010 17:00:35 GMT 1, Ah, if I'd know a Picasso was on the table, I'd have given you my Harrington and my house;)
Ah, if I'd know a Picasso was on the table, I'd have given you my Harrington and my house;)
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ADVICE π° Buying & Selling Art at Auction, by lumbo on Nov 8, 2010 17:23:13 GMT 1, Ha ha.
And you're the reason my girlfriend had the hump for a month, taking away her favourite painting!
Just sent your paperwork sir.
Great guy to deal with btw (despite the potty mouth;)
Ha ha.
And you're the reason my girlfriend had the hump for a month, taking away her favourite painting!
Just sent your paperwork sir.
Great guy to deal with btw (despite the potty mouth;)
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ADVICE π° Buying & Selling Art at Auction, by Brushstrokes 75 on Nov 8, 2010 18:20:25 GMT 1, Pm'd you maybe I can help
Pm'd you maybe I can help
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maadbeats
Junior Member
π¨οΈ 2,272
ππ» 19
September 2007
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ADVICE π° Buying & Selling Art at Auction, by maadbeats on Jan 13, 2011 18:54:18 GMT 1, I was looking to take a couple pieces to auction. I know a few here done so in the past. Any info you could lend to a newbie in terms of dealing with them? What to look out for? Or any advise to get the best price and or lowest fees?
Hopefully this thread can be a "everything you need to know about dealing with auction houses."
Cheers
I was looking to take a couple pieces to auction. I know a few here done so in the past. Any info you could lend to a newbie in terms of dealing with them? What to look out for? Or any advise to get the best price and or lowest fees?
Hopefully this thread can be a "everything you need to know about dealing with auction houses."
Cheers
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Pattycakes
Junior Member
π¨οΈ 1,379
ππ» 423
June 2007
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ADVICE π° Buying & Selling Art at Auction, by Pattycakes on Jan 23, 2011 14:53:31 GMT 1, it all depends on what you are consigning, you will only get better terms if you have something the house wants. If it's fodder then expect to pay full whack which is going to be 15% plus insurance and illustration fees.
If you have something they want (i.e. of decent enough value) then expect that figure to go down to 10% perhaps a little lower or higher depending on how valuable the work is.
If you have a painting by Banksy the ball is in your court, you could get away with 5-7% on a good day, and if it's a really good painting they might not charge you anything (i.e. over about Β£60,000)
Insurance is usually 1.5-2% of the hammer. Illustrations are anywhere from Β£20-200 depending on the house you are selling with.
A word of caution look out for BI fees, this is the amount the house charges you even if they don't sell your work - bear this in mind, it usually comes in at 2% and the illustration fees - so beware. Some houses do not charge BI so shop around there.
There are a lot of houses, and all have strengths and weaknesses, unless the work you have is seriously good, avoid Sotheby's and Christie's they have the highest charges and unless you have an in with a specialist you're unlikely to get reduced terms. Phillips de Pury are interesting and get good prices for things, again they want the higher value items generally and getting good rates are harder than at Bonham's, Bloomsbury and Dreweatts who are generally more flexible.
Like I said it all depends on what you have to sell, hope this is of some help, if you need more info send me a PM.
it all depends on what you are consigning, you will only get better terms if you have something the house wants. If it's fodder then expect to pay full whack which is going to be 15% plus insurance and illustration fees.
If you have something they want (i.e. of decent enough value) then expect that figure to go down to 10% perhaps a little lower or higher depending on how valuable the work is.
If you have a painting by Banksy the ball is in your court, you could get away with 5-7% on a good day, and if it's a really good painting they might not charge you anything (i.e. over about Β£60,000)
Insurance is usually 1.5-2% of the hammer. Illustrations are anywhere from Β£20-200 depending on the house you are selling with.
A word of caution look out for BI fees, this is the amount the house charges you even if they don't sell your work - bear this in mind, it usually comes in at 2% and the illustration fees - so beware. Some houses do not charge BI so shop around there.
There are a lot of houses, and all have strengths and weaknesses, unless the work you have is seriously good, avoid Sotheby's and Christie's they have the highest charges and unless you have an in with a specialist you're unlikely to get reduced terms. Phillips de Pury are interesting and get good prices for things, again they want the higher value items generally and getting good rates are harder than at Bonham's, Bloomsbury and Dreweatts who are generally more flexible.
Like I said it all depends on what you have to sell, hope this is of some help, if you need more info send me a PM.
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murdock
Junior Member
π¨οΈ 1,205
ππ» 27
October 2010
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ADVICE π° Buying & Selling Art at Auction, by murdock on Feb 4, 2011 14:46:40 GMT 1, When you only want to test the waters and do NOT already have a contact to a brick and mortar house, you can try Artnet Auctions. There is only the initial listing fee ($25 ?) if the artwork does not sell and 10% commision if it sells.
This saves you running around, shipping, insurance etc.
Like printguru said, it really depends on what you want to consign. the better the piece, the more you have. The more high profile the piece, the more you want a large audience and maybe are willing to take more fees into account.
When you only want to test the waters and do NOT already have a contact to a brick and mortar house, you can try Artnet Auctions. There is only the initial listing fee ($25 ?) if the artwork does not sell and 10% commision if it sells.
This saves you running around, shipping, insurance etc.
Like printguru said, it really depends on what you want to consign. the better the piece, the more you have. The more high profile the piece, the more you want a large audience and maybe are willing to take more fees into account.
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anarquee
Junior Member
π¨οΈ 1,174
ππ» 298
December 2010
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ADVICE π° Buying & Selling Art at Auction, by anarquee on Mar 23, 2011 15:59:50 GMT 1, Hi!
a friend of mine recently bought a piece of art at a Bonham's auction.
The item (worth about 700Β£) is 55x75 cm and has to be shipped flat.
He was asked fot 350Β£ for shipping to Italy and it seems they don't consider finding a cheaper option.
This shipping rate seems a bit high considering the value of the item.
Anyone outside UK had the same problem?
Is there a way to save some money?
Thanks in advance
Hi!
a friend of mine recently bought a piece of art at a Bonham's auction.
The item (worth about 700Β£) is 55x75 cm and has to be shipped flat.
He was asked fot 350Β£ for shipping to Italy and it seems they don't consider finding a cheaper option.
This shipping rate seems a bit high considering the value of the item.
Anyone outside UK had the same problem?
Is there a way to save some money?
Thanks in advance
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Rsyok
Junior Member
π¨οΈ 3,376
ππ» 508
January 2008
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ADVICE π° Buying & Selling Art at Auction, by Rsyok on Mar 23, 2011 16:20:50 GMT 1, Hi! a friend of mine recently bought a piece of art at a Bonham's auction. The item (worth about 700Β£) is 55x75 cm and has to be shipped flat. He was asked fot 350Β£ for shipping to Italy and it seems they don't consider finding a cheaper option. This shipping rate seems a bit high considering the value of the item. Anyone outside UK had the same problem? Is there a way to save some money? Thanks in advance
Hi! a friend of mine recently bought a piece of art at a Bonham's auction. The item (worth about 700Β£) is 55x75 cm and has to be shipped flat. He was asked fot 350Β£ for shipping to Italy and it seems they don't consider finding a cheaper option. This shipping rate seems a bit high considering the value of the item. Anyone outside UK had the same problem? Is there a way to save some money? Thanks in advance Hi, even in the UK their shipping is pretty high. If its Bonhams Knightsbridge they did have a courier place opposite that they would allow to collect. Pretty sure it was mail boxes etc www.mbe.co.uk/londonknightsbridge |
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ADVICE π° Buying & Selling Art at Auction, by Goooogle Male on Mar 23, 2011 16:38:23 GMT 1, For Β£350 your mate can get on a plane, come to Bonhams, pick it up and fly back with it!
For Β£350 your mate can get on a plane, come to Bonhams, pick it up and fly back with it!
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anarquee
Junior Member
π¨οΈ 1,174
ππ» 298
December 2010
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ADVICE π° Buying & Selling Art at Auction, by anarquee on Mar 23, 2011 16:43:43 GMT 1, For Β£350 your mate can get on a plane, come to Bonhams, pick it up and fly back with it!
it was an option he considered but we're not sure about bringing the art on the plane because of size and fragility!
For Β£350 your mate can get on a plane, come to Bonhams, pick it up and fly back with it! it was an option he considered but we're not sure about bringing the art on the plane because of size and fragility! |
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anarquee
Junior Member
π¨οΈ 1,174
ππ» 298
December 2010
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ADVICE π° Buying & Selling Art at Auction, by anarquee on Mar 23, 2011 16:47:33 GMT 1, Hi! a friend of mine recently bought a piece of art at a Bonham's auction. The item (worth about 700Β£) is 55x75 cm and has to be shipped flat. He was asked fot 350Β£ for shipping to Italy and it seems they don't consider finding a cheaper option. This shipping rate seems a bit high considering the value of the item. Anyone outside UK had the same problem? Is there a way to save some money? Thanks in advance Hi, even in the UK their shipping is pretty high. If its Bonhams Knightsbridge they did have a courier place opposite that they would allow to collect. Pretty sure it was mail boxes etc www.mbe.co.uk/londonknightsbridge
You're right! there's a MBE in the same street.
We're contancting them, let's see what they say.
Thank you so much!
Hi! a friend of mine recently bought a piece of art at a Bonham's auction. The item (worth about 700Β£) is 55x75 cm and has to be shipped flat. He was asked fot 350Β£ for shipping to Italy and it seems they don't consider finding a cheaper option. This shipping rate seems a bit high considering the value of the item. Anyone outside UK had the same problem? Is there a way to save some money? Thanks in advance Hi, even in the UK their shipping is pretty high. If its Bonhams Knightsbridge they did have a courier place opposite that they would allow to collect. Pretty sure it was mail boxes etc www.mbe.co.uk/londonknightsbridgeYou're right! there's a MBE in the same street. We're contancting them, let's see what they say. Thank you so much! |
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ami
New Member
π¨οΈ 4
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March 2010
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ADVICE π° Buying & Selling Art at Auction, by ami on Jun 1, 2011 10:24:30 GMT 1, I have a Banksy signed 'Grin Reaper' and a signed Hush 'She's No Angel' that I am considering taking to Bonhams to have a look. Is this the best way of selling them? I kind of think that although you pay a high fee that you have access to a more elitest croud? Can someone advise the best way of sale for these 2 pieces
I have a Banksy signed 'Grin Reaper' and a signed Hush 'She's No Angel' that I am considering taking to Bonhams to have a look. Is this the best way of selling them? I kind of think that although you pay a high fee that you have access to a more elitest croud? Can someone advise the best way of sale for these 2 pieces
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ADVICE π° Buying & Selling Art at Auction, by wikicollecting on Jul 29, 2011 17:20:33 GMT 1, Fascinating stuff Printguru - so many things to consider.
Fascinating stuff Printguru - so many things to consider.
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ADVICE π° Buying & Selling Art at Auction, by My Name is Frank on Apr 28, 2012 7:55:11 GMT 1, Just wondering how people go about putting their art into auctions? could you please let me know how you done that thank you?
I'm pursuing a change of career and home developments are spiralling. I have a signed barcode which I think would do well but interested in the process
Just wondering how people go about putting their art into auctions? could you please let me know how you done that thank you?
I'm pursuing a change of career and home developments are spiralling. I have a signed barcode which I think would do well but interested in the process
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