Steps To Holding Fundraising Art Auctions
People often sell artworks of local artists in order to be able to help an organization with a certain cause and to also help promote the works of these certain local artists. What these people would usually do is to hold fundraising art auctions so that they could sell off these artworks to get some money for the organization. If one is interested in doing this kind of thing, then this guide will be able to help him out.
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 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.
After doing those two things, then the very next thing that one should do would be to hire an auctioneer that will help him with the event. Now he may actually try to do the thing by himself but he will actually have a hard time. SO it is actually better if he had a professional to help him with all the technicalities and details.
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.
Now after all the things have been prepared, then one has to make sure to promote the event properly. Some of the things that he may do would be to create fliers and announcements on his Facebook or Twitter page. Now he should also make sure to mention that the money made from this event will be going to a good cause.
Now before the auction would start, one has to first come up with the amount for the minimum bid. The minimum bid, or also called the opening bid, is the starting price of a certain artwork. From this starting price, the participants will start bidding and bidding until the highest bidder will get the product.
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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