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Values at Auctions/Galleries/Private Sale, by John The Badgers on Apr 13, 2021 18:49:32 GMT 1, This probably not the most educated ask, but on the look out for a print, and trying to get a correlation between values at Auctions/Galleries/Private Sale?
I have the opportunity to purchase via a gallery, but aware of upcoming auctions, also prepared to wait for a private sale as in no rush.
Is there any kind of rough guide as to what a value would be via the above routes?
If say it sold all in for ยฃ1000 at auction, what would a private sale figure perhaps be, and how would a gallery stack up?
Apologies if this has been asked before, if you can supply links to previous threads that would be right handy.
Hope you get the gist of what I am asking, any guidance would be very much appreciated.
This probably not the most educated ask, but on the look out for a print, and trying to get a correlation between values at Auctions/Galleries/Private Sale?
I have the opportunity to purchase via a gallery, but aware of upcoming auctions, also prepared to wait for a private sale as in no rush.
Is there any kind of rough guide as to what a value would be via the above routes?
If say it sold all in for ยฃ1000 at auction, what would a private sale figure perhaps be, and how would a gallery stack up?
Apologies if this has been asked before, if you can supply links to previous threads that would be right handy.
Hope you get the gist of what I am asking, any guidance would be very much appreciated.
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Values at Auctions/Galleries/Private Sale, by Humble Art Collector on Apr 14, 2021 0:58:23 GMT 1, Private sale should always be the lowest. No buyers premium or gallery commission tacked on.
I would say auction vs gallery is a toss-up auction being more for artists who are on the rise with shows selling out immediately and limited availability. Artists who do not sell out fast will be cheaper at auction.
Galleries will always be at a premium. normally 40-50% of what the artist sees. Having said that if you go direct to artists they will be equal to a gallery or at least 80%. Meaning what they get from a gallery vs what they get direct is different.
Private sale should always be the lowest. No buyers premium or gallery commission tacked on.
I would say auction vs gallery is a toss-up auction being more for artists who are on the rise with shows selling out immediately and limited availability. Artists who do not sell out fast will be cheaper at auction.
Galleries will always be at a premium. normally 40-50% of what the artist sees. Having said that if you go direct to artists they will be equal to a gallery or at least 80%. Meaning what they get from a gallery vs what they get direct is different.
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+852
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January 2020
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Values at Auctions/Galleries/Private Sale, by +852 on Apr 14, 2021 4:04:05 GMT 1, What are the Pros and Cons of buying Private, Auction, Gallery?
What are the Pros and Cons of buying Private, Auction, Gallery?
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Values at Auctions/Galleries/Private Sale, by Humble Art Collector on Apr 14, 2021 5:29:13 GMT 1, Private typically means better deal but provenance and condition is an issue. Auction means access to works that you typically cannot get from a gallery. For hot artists galleries typically make their works first available to their premium customers first so you cannot always get a work from the artists even if you have the cash available. At an auction that is not the case. You can get amazing deals at auctions but you can also overpay easily if you get caught up in a bidding war. Every channel has its pros and cons and I think it is good to use them all.
Private typically means better deal but provenance and condition is an issue. Auction means access to works that you typically cannot get from a gallery. For hot artists galleries typically make their works first available to their premium customers first so you cannot always get a work from the artists even if you have the cash available. At an auction that is not the case. You can get amazing deals at auctions but you can also overpay easily if you get caught up in a bidding war. Every channel has its pros and cons and I think it is good to use them all.
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Values at Auctions/Galleries/Private Sale, by John The Badgers on Apr 14, 2021 12:32:58 GMT 1, Really appreciate all the input above, many thanks, exactly what I was after.
Really appreciate all the input above, many thanks, exactly what I was after.
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