How To Hold Fundraising Art Auctions

By Ina Hunt


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.

Now the most important aspect of the auction is the gathering of artworks because this is what the participants are there for. Now one may actually gather as many types of artworks as he can like paintings or sculptures. However, he is not limited to just these two forms as there are other forms as well.

Now the thing about holding these kinds of events is that one has to have a lot of connections with local artists in order to make the event a success. Now usually, those who have connections with an art museum will just make use of this. However, if one does not have this kind of thing, then what he may do is that he may try to contact an art school in order to ask them for help.

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.

Now one also has to decide what mode of payment he will be offering to the participants. Small auctions would actually only just accept cash because they most probably do not have the technology or manpower to handle other forms. However, big ones would usually accept check or bank transfers.




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