Auction plays an increasingly significant role in the business of Chinese art. We are seeing the highest prices of all times, but we are also seeing the greatest number of defaulting buyers. Art market fluctuations make it difficult for the non-professional to know what works to sell now and which ones to hold onto in order to maximize future growth potential. There are a number of caveats that must be addressed by any collector desiring to sell a collection or a single painting in order to realize the highest profit potential.
Because our fiduciary responsibility is to you alone, our expertise looks out for your interests by:
* Assessing the best location for your sale: Europe, New York, Hong Kong or China.
* Eliminating the tactical advantages the auction house has over your collection.
* Doing advance research to make sure that all provenance and other related information is accounted for.
* Overseeing packing and shipping of valuable objects and paintings and arranging insurance.
* Protecting you from catalogue errors.
* Negotiating the best possible terms, eliminating most illustration, shipping and buy-in fees.
* Ensuring your works at auction are promoted and handled correctly.
* Getting the best positioning of the works of art at the auction.
* Setting estimates with the auction house that you are comfortable with.
* Setting realistic reserve levels for your art.
* Being present at the exhibition and sale to oversee that the auction procedures are properly in place.
* Working to facilitate foreign money transfers.
* Notifying parties who might have interest in your artworks.
* Protecting you from defaulting buyers.
* Carrying out the all important after-sale follow-ups to ensure the earliest possible proceeds from the sale.
* If lots do not sell, overseeing procedures for the return of your art quickly and suggesting creative new sales approaches.
Contact us as a consultant before or even after you go to any auction house, but before you make your decision.
