There are a lot of people who are willing to pay a hefty sum in order to acquire a really nice painting for their office or their homes. Knowing about this, there are actually a lot of organizations who would take advantage of this information in order to hold fundraising art auctions wherein they could use the profits to help out certain causes. Now if one would want to hold this kind of thing, here are some of the things that he should take note of.
Of course if one would want to have an art auction, then the very first thing that he has to do is to gather artworks. Now when holding this kind of thing, he has to gather as many kinds of artworks as possible like paintings or sculptures. He may even include other types of modern art like photographs or other handcrafted works.
Now one of the hardest parts of the process would be the acquisition of the artworks because one has to know local artists in order to do so. What most people would do is if they have friends in art galleries, they would just ask them. However, if one does not have these kinds of connections, then they would just most likely team up with an art school.
Once one has already made the necessary connections in order to get the artworks, then the next thing to do would be to get a good auctioneer. Now one may actually opt to organize the entire event by himself. However, if he does not have much experience in auctioning, then it is actually better if he would hire a professional to help out.
Not only will these professional auctioneers know how to be able organize this kind of event, but they can also help with the evaluation of the artworks. A good art auctioneer knows his stuff and knows how he is going to sell the artworks. He also knows what their real value is and how to be able to market them.
So once all of those preparations have been made, then the next thing to do would be to promote the event. One should hang up fliers, spread the news on social media websites, and of course talk about it. Of course he should not forget to mention that this event is for a good cause because people will be more willing to attend if he does.
Now before one would even start the auction, he has to first place a minimum bid on all the items. He will actually need the help of his auctioneer for this because it is the auctioneer who will appraise the artwork. For those who do not know what a minimum bid is, it is the starting bid of the item.
One also has to decide how the participants are going to pay. More often than not, most small auctions would only accept cash so that things are not going to be hard for them. However, if the auction is rather big, then they may also accept other forms of payment like check or even payment through online banking.
Of course if one would want to have an art auction, then the very first thing that he has to do is to gather artworks. Now when holding this kind of thing, he has to gather as many kinds of artworks as possible like paintings or sculptures. He may even include other types of modern art like photographs or other handcrafted works.
Now one of the hardest parts of the process would be the acquisition of the artworks because one has to know local artists in order to do so. What most people would do is if they have friends in art galleries, they would just ask them. However, if one does not have these kinds of connections, then they would just most likely team up with an art school.
Once one has already made the necessary connections in order to get the artworks, then the next thing to do would be to get a good auctioneer. Now one may actually opt to organize the entire event by himself. However, if he does not have much experience in auctioning, then it is actually better if he would hire a professional to help out.
Not only will these professional auctioneers know how to be able organize this kind of event, but they can also help with the evaluation of the artworks. A good art auctioneer knows his stuff and knows how he is going to sell the artworks. He also knows what their real value is and how to be able to market them.
So once all of those preparations have been made, then the next thing to do would be to promote the event. One should hang up fliers, spread the news on social media websites, and of course talk about it. Of course he should not forget to mention that this event is for a good cause because people will be more willing to attend if he does.
Now before one would even start the auction, he has to first place a minimum bid on all the items. He will actually need the help of his auctioneer for this because it is the auctioneer who will appraise the artwork. For those who do not know what a minimum bid is, it is the starting bid of the item.
One also has to decide how the participants are going to pay. More often than not, most small auctions would only accept cash so that things are not going to be hard for them. However, if the auction is rather big, then they may also accept other forms of payment like check or even payment through online banking.