Beginner's Guide to Selling At Auction

Image sourced: artpromotivate

In April we re-posted an interesting article from the Chubb newsletter on a beginner's guide  to buying artworks at auction. Part two of that series is now available - selling your artwork through an auction. At Guernsey and Associates we do not sell or buy but are always happy to advise clients on reselling options.

A Beginners Guide to Selling at Auction
Alan Montgomery
June 6, 2014

There comes a time in every collector’s life when a decision is made to sell. It can be for a number of reasons: maybe you are bored with something and feel like a change; perhaps you have your eye on some exciting new acquisition and need to liquidate some assets; or maybe you just need the money for other things. Whatever the reason, you want to make sure that you get the best price for whatever it is that you are selling. Thanks to years of intensive marketing and research, most decent auction houses have an incredibly diverse database of possible buyers, many of whom may be interested in bidding on your item. But selling at auction is not always straightforward, so it is important to know what you are doing before you sign that contract and hand over your prized item. Follow these six simple tips and the process should be fast, easy and, hopefully, extremely lucrative.

Please enjoy the full article here: A Beginners Guide to Selling at Auction