Friday, June 20, 2014

How To Hold Fundraising Art Auctions

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By Ina Hunt


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.

Of course if one would want to have an art auction, then the very first thing that he has to do is to gather artworks. Now when holding this kind of thing, he has to gather as many kinds of artworks as possible like paintings or sculptures. He may even include other types of modern art like photographs or other handcrafted works.

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.

Now after doing all of the necessary steps in order to get the artworks, then one must now put his efforts in hiring a very good auctioneer. Now this auctioneer is the one who will be holding up the event and making it successful. One may actually opt to do things by himself but it is actually better to have a professional who would help out.

Now the great thing about hiring professional auctioneers with the job is that they know how to be able to go about because they are in that field. Now not only will they be able to help with the organization of the flow of the event but they can even help with the determining of the value of each artwork. Basically, they will be able to handle all the technicalities.

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.

Of course before the auction starts, one has to decide what the opening bid for each item would be. Basically, the opening bid is the starting price of the item. For example, if the opening bid of a painting is around ten dollars, then the participants would start at ten dollars and make the bid keep on going higher.

Of course one should also decide how he is going to collect the payments. He has to think of payment methods for when the participants would pay for their purchases. Most auctions would just accept cash but the really big ones would accept check or bank transfer.




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