Fine Art Sale - Menzies Art Brands

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Fine Art Sale - Menzies Art Brands

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Menzies' staff answer all your questions about how to go about bidding,buying and selling the fine art at auction. Unsold artworks will be available for collection provided that any outstanding fees relating to the consignment have been paid in full. For vendors located interstate and in closer proximity to Menzies’ other premises, Menzies offers complimentary shipping of unsold works to that gallery. Get to know more information contact us today. – PowerPoint PPT presentation

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Title: Fine Art Sale - Menzies Art Brands


1
BUYING SELLING ART WITH MENZIES
  • Menzies Art Brandshttps//www.menziesartbrands.co
    m/

2
BUYING ART WITH MENZIES
Keep up to date with your favourite artists via
Menzies art alert system. As a registered
account holder on our website, you can nominate
your preferred artists and receive notifications
via email whenever their works are being offered
at auction with Menzies. Click the button below
to sign up for a 'registered user' account.
3
Auction Estimates
Auction estimates are based on prices recently
paid at auction for comparable works and take
into account condition, rarity, quality and
provenance. Estimates, unless otherwise stated,
are in Australian dollars, are inclusive of GST
and do not include the buyers premium.
4
Registering to Bid
There are four ways to bid at auction with
Menzies
  • Bidding in the Room
  • Telephone Bidding
  • Absentee Bidding
  • Online Bidding
  • Bidding Increments

5
SELLING ART WITH MENZIES
Requesting an Art Appraisal
  • If you are thinking about selling a work of fine
    art, Menzies would be pleased to provide a free
    initial estimate of its auction value. Appraisal
    requests may be submitted via our Online
    Appraisal Form or by contacting one of our
    specialists directly. Menzies also offers
    appraisals in person at our Sydney and Melbourne
    galleries on Wednesday afternoons, from 200 pm
    to 500 pm. Clients are welcome to bring along
    their artworks at this time there is no need to
    make an appointment. In some circumstances,
    Menzies specialists may be able to appraise
    artworks in situ at your property. Onsite
    appraisals are generally free of charge but a fee
    may be applicable depending on the scope and
    diversity of the collection. This appraisal fee
    would be fully refundable in the event that these
    artworks are consigned to auction with Menzies.

6
Consigning your Artwork
  • Each consignment is subject to a sellers
    commission which is calculated as a percentage of
    the hammer price of each artwork and is therefore
    payable only if the work is sold. In some
    instances, the consignment may include one-off
    fees associated with a third party e.g. a
    copyright fee or resale royalty payable to the
    artist or their estate. 

7
Presale Advice
  • During the fortnight preceding the auction, you
    will receive a pre-sale advice form. This form
    provides the vendor with the option of
    authorising Menzies to reduce the reserve price
    of an artwork consigned to the sale. 

8
After-Sale Notification
  • Within a few days of the auction taking place,
    you will receive an after-sale advice listing the
    final hammer price of each lot, or, in the event
    that the artwork went unsold, notification that
    it was passed in. Payment for lots sold will be
    processed approximately 35 days after the sale.
    Please ensure that you have advised Menzies in
    advance of your preferred method of payment. The
    final proceeds of sale will be equal to the
    hammer price of each lot sold, less sellers
    commission and any additional costs as agreed at
    the time of consignment.

9
Should your artwork go unsold, Menzies
specialists would advise of any post-sale offers.
Menzies generally recommends that unsold works
remain on our premises for several days after the
auction, so that they may be viewed by any
prospective buyers. After this time, unsold
artworks will be available for collection
provided that any outstanding fees relating to
the consignment have been paid in full. 
10
CONTACt
  • Menzies Art BrandsTel 61 2 8344 5404Email
    art_at_menziesartbrands.com
  • Web https//www.menziesartbrands.com/
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