[vfg]

I asked why is that info important, replying with the same exact comment won't help me understand.

I don't see how I am wasting your time, as I did not specifically ask you anything. You are free to do something else.
All in all, I just don't understand the animosity, since I don't think I offended anyone, but you are free to do as you please.

Well, I suppose if anyone else has any insight, I'd be really grateful (as I appreciate Fred West Country Prince replying to me). I'll update with the auction link if I don't resolve the issue with the auction house soon.

[Jimini Cricket]

Details are scant, therefore advice will be scant.
General observation, in practice a bricks and mortar auction house that conducts a physical auction, should already have possession.
Anything else, depends on the organisation and how covid has impacted logistics in the region.

[Happy Shopper]

There was a story on here not long ago about a similar situation, where the auction house didn't have the piece, and then the seller backed out.

So, yes, the auction house should have the piece in hand, and have inspected it.

[WOOF]

Lots of companies like artnet will have auctions where they are not in possession of the pieces. It’s not crazy abnormal.

[eleddy]

I also consider myself a "newb". I've been collecting (for myself) for about 3 years and my general experience is ... There is no general experience. The pandemic uprooted everything. I waited 2 months for a piece I thought was in Florida once, that somehow was actually in NJ. I've done 6 different auctions now and my general feeling is that you should find it anywhere else if you can. Unless you're going Christie's or Sotheby's and tossing 6 figures to the wind, I've found even the same auction houses can have variable shipping, descriptions, etc.

Direct from the artist/printer/gallery/stockx/eBay/auction in that order is my preference. Honestly, I've even had better experiences with my eBay buys.

[vfg]

Thank you everyone for your opinions. I suppose it really can vary from place to place. This one is a brick and mortar auction house (a popular one), not artnet or similia.
I spoke to the auction house and there had been an actual issue with the lot. I will update to explain what happened, but I want to wait till it's resolved.

[ap0]

Hi all, just wanted to ask if the final price displayed on Sotheby's, Christies, Phillips, Bonhams websites includes the buyer's premium or not. Thanks

[Octopus UK]

If it ends in a strange amount that isn't whole £'s then it probably does.

[JFCC]

They all include buyers premium and ARR but exclude the VAT that is payable on the buyers premium and any import VAT.

[vfg]

To conclude: after inquiring about the delay, the auction house told me that the artwork had been damaged in handling, so they had obtained a new one, which explains the delay. They also offered to refund me the amount (it was ~$150) and send it for free. I asked, if possible, to just cancel the bids (remember I had won two lots). They graciously gave me a full refund.

[J0NNY]

Hey guys can anyone give advice on the best auction house for Australians ( WA) ? I’d be looking to put In three or four Hirsts, Invader, Henry Chalfant, Brainwash ( exit through the gift shop Elvis don’t be cruel HF ) prints amongst some other smaller but respected hitters.
Would Hong Kong be my best bet ?

[Deleted]

Hong Kong chap.

Why are you even asking this question you misguided nitwit?

Close thread.

[Jeezuz Jones Snr]

Jan 3, 2022 8:27:02 GMT 1 J0NNY said:

Hey guys can anyone give advice on the best auction house for Australians ( WA) ? I’d be looking to put In three or four Hirsts, Invader, Henry Chalfant, Brainwash ( exit through the gift shop Elvis don’t be cruel HF ) prints amongst some other smaller but respected hitters.
Would Hong Kong be my best bet ?

I've just sent you a PM fella 👍

[sandworm]

I haven't previously sold at auction but have a few pieces that I'd be looking to sell in an upcoming auction that I would assume are valued at somewhere between £2-8k each.

I would prefer to deal with one of the top tier houses if possible: Christies, Sothebys & Philips

Is there any reason to go with one over the other for prints & multiples?

I am concerned that maybe these auction houses only accept 'lower' value pieces (sub £10k) for good customers that consign higher value lots / have built a reputation with them?

Any advice would be much appreciated.

[My Name is Frank]

I would think the bird in the hand, would you not have to pay a percentage on top of anything to the auction house at auction, so the offer in effect is more than £8000?

[fusion0001]

Would really depend on the artwork, but something to keep in mind is that if this is the first proposed estimate by Sotheby's, then those are typically significantly below actual value of the work, since the auction house wants to make sure they have as close as 100% sell-through and hence their recommended low estimate is usually far below market value.

[robsim]

Hello, i am an Advisor for an auction company, i’m looking for Banksy to put in auction. Good conditions and pestcontrol. 
Robert

[startimeash]

Do you have a particular thing that you want to do with the money? If so, and if £8k will cover it, then take that. If it's just going to sit in the bank, and you're treating it as a nest egg, I'd be inclined to go to auction. If £8k would give me a holiday of a lifetime, for example, then I'd prefer to know that was paid for, rather than stress about the "what if's" of going to auction. That said, both other posters make good points. For me, though, if you have it earmarked for a particular project or use, take the cash.

[Daniel Silk]

I guess you also need to think about if it went to auction that could be month away, and that could mean the value going up or down?
Also like others have said, if you plan to buy another piece of art with that money, do you really need it now! Will that new piece be sold out or gone up in value in a few months time?

[Riotcops]

If I needed the money right away I'd sell. If not, it would head to auction. You're essentially betting £800 for an unknown upside but based on the high estimate it would be 4.5x or potentially much higher. If one person is willing to pay £8k right now I'd presume there will be many more.

[u%hdjfka c]

Jun 8, 2022 15:25:38 GMT 1 robsim said:

Hello, i am an Advisor for an auction company, i’m looking for Banksy to put in auction. Good conditions and pestcontrol. 
Robert

0 out of 10 for effort 
What auction company?
Why should we sell with you?
What are your terms?
Etc etc 

[compound]

Jun 8, 2022 17:47:05 GMT 1 u%hdjfka c said:

Jun 8, 2022 15:25:38 GMT 1 robsim said:

Hello, i am an Advisor for an auction company, i’m looking for Banksy to put in auction. Good conditions and pestcontrol. 
Robert

0 out of 10 for effort 
What auction company?
Why should we sell with you?
What are your terms?
Etc etc 

You don’t need to worry about all that. He’s an advisor don’t you know.s**t need more words to post. Is the auction “charity stars” do you want it free?

[robsim]

Usually i don’t write all in thread. By message i will answer everyone wh Have interest.
i prefer usually like that. 
I think every one know how work an auction house. And yes there are reasons to work together and sell with us. But we can talk easier by message. 
r

[Lazarus II]

I hope you have no plans for today as now you have provided clarity i think you will suffer inbox meltdown.

[disturbart]

All seems legit to me. Please let me know address to send my Banksy to. Will send insured just to be safe

[JFCC]

Wow what a fantastic opportunity...cannot wait to find out the details...I bet it's going to be life changing...is it a Nigerian Prince's auction Company by any chance? I'm just packing up everything now!!

By the way, I love the way you compose a message, that mix of spelling, grammar and punctuation errors make you an advisor to trust!! 😂😂😂

[drbf]

Sotheby's will give you three values.
1. Auction estimate
2. Insurance valuation
3. Retail valuation.
Get these three amounts and decide what to do.

[Duke Down Stairs]

Looking for recommendations for a French auction house to sell 2 SEEN paintings.
One regular Bubble; 1 large Mix N Match.

He seems to get high results in France, so looking there first.
But all advice welcomed.

Thank you!

[krywolf79]

Hi I am looking to put some pieces of the following artists in to auction.
I have never sold by auction so hoping to get some feedback from people that have gone down that route. Any advise , recommendations welcomed. Especially what houses would fit these type of pieces.

Damien Hirst - Virtues 
Szabolcs Bozo - Small Original & Prints
Mr Doodle - Print
Invader - LED
David Shrigley - Shut Up

[Poster Bob]

My advice is to make every attempt to sell them privately for prices that you’re happy with before you roll the dice and auction them off.