QA

Question: How To Sell Your Art At Sotheby’s

Simply submit images and information of your contemporary, modern, antique, or old painting through our easy-to-use online estimate form, and our specialists will contact you about its sale potential. They will help you determine when and where to sell your painting based on our upcoming auction schedule.

How much does it cost to sell on Sotheby’s?

Starting 1 August 2020, Sotheby’s will be implementing a new fee – an Overhead Premium – payable by all auction buyers in Sotheby’s global salesrooms and online sales. The fee will be 1% of the hammer price. It’s the fifth time that the auction house has increased the buyer’s fees between 2015 and 2020.

How do I sell something to Sotheby’s?

How it Works Tell us about your Item. Add dimensions, history and any documentation. Upload Photos. Take front and back images of your item. Review and Submit. All set! Our specialists will review your submission.

How do I submit to Sotheby’s?

If you wish to sell with Sotheby’s please access our free and easy-to-use online valuation service. You only need to provide some information and upload images from your phone or laptop. Our specialists will review your submission and issue preliminary estimates for items that can be included in our sales.

Is Sotheby’s or Christies better?

The two rivals have made record online and private sales as pandemic overturns traditional live auction format. Sotheby’s year end revenue has edged ahead of Christie’s, reporting total global sales of over $5bn compared to Christie’s $4.4bn (£3.4bn).

How do you sell art at Christies?

It’s easy to sell with Christie’s – here’s how: First, request a complimentary auction estimate, and see if your item is suitable for Christie’s sale. A Christie’s specialist will contact you to discuss estimates, advise on sale dates and explain your Seller’s Agreement and commission structure.

What percentage does Sotheby’s take?

For most auctions, including those in our Fine Arts division, Sotheby’s standard seller’s commission is 10% of the hammer price.

Who owns Sotheby’s?

BidFair Holdings Inc.

Can you sell on Sotheby’s?

Selling a Home with Sotheby’s International Realty Canada Through distinctive brand positioning, media exclusivity and trail-blazing technology, Sotheby’s International Realty Canada elevates your property positioning and real estate marketing to maximize the returns from your home sale.

Is Sotheby’s legit?

Sotheby’s is one of the world’s largest auction houses and brokers of art, collectibles, jewelry, and real estate. Founded in England and headquartered in New York City, Sotheby’s is organized into three separate business units: finance, auctions, and dealing.

What is the best site to sell artwork?

The 10 Best Sites For Selling Your Art in 2020 Artfinder. Saatchi Art. Artnet. Amazon. Society6. Redbubble. Pixapp. ArtFire.

Who are Sotheby’s competitors?

Sotheby’s’s competitors Sotheby’s’s top competitors include 1stdibs, Lincoln Center For The Performing Arts, Gagosian and David Zwirner. Welcome to Sotheby’s – uniting collectors with world-class works of art since 1744.

How much is Christies worth?

Sales in 2015 totalled £4.8 billion (US$7.4 billion). In 2017, the Salvator Mundi was sold for $400 million at Christie’s in New York, at the time the highest price ever paid for a single painting at an auction.Christie’s. Christie’s in King Street, St James’s Type Subsidiary Website christies.com.

What is it like to work at Sotheby’s?

Sotheby’s is an iconic brand in an exciting business. Fast-paced, but friendly. Best part of the job is the art – we basically work in an art gallery and can see the most famous works of art whenever we want to stretch our legs!.

What is Sotheby’s minimum consignment value?

Expert specialists will research, create catalog descriptions, and help with marketing the work. Complimentary estimates are provided for each item that meets a minimum consignment value. For example, Sotheby’s minimums are $5,000 in New York, £3,000 in London and HK$40,000 in Hong Kong.

Does Sotheby’s do free appraisals?

Sotheby’s, established in 1744 is one of the world’s oldest art auction houses, with locations in 40 countries. They provide free appraisals for types of art they sell.

Does Christies sell NFTs?

After becoming the first international auction house to sell an NFT of a purely digital work of art, Christie’s continued to forge new ground in this revolutionary collecting category through iconic sales of Larva Labs’ Cryptopunks, digital artwork by FEWOCiOUS, curated sales, NFTs by Bored Ape Yacht Club, and Sep 28, 2021.

How much do Sotheby’s employees make?

How much do people at Sotheby’s get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Sotheby’s is $119,928, or $57 per hour, while the estimated median salary is $117,606, or $56 per hour.

What does Passed mean on proxibid?

During or after an event, you may find that some lots are marked as Passed rather than Sold. This means that the seller made a decision to skip over the item during the event. The seller chose not to sell the item for the current asking price.

How much did drahi pay Sotheby’s?

Telecom tycoon Drahi, who in 2019 agreed to buy Sotheby’s for $3.7 billion, is planning to issue $300 million worth of bonds to pay himself a dividend.

What is Sotheby’s known for?

F ounded in 1744, Sotheby’s is the oldest and largest internationally recognised firm of fine art auctioneers in the world. It has a global network of 80 offices and the company’s annual worldwide sales turnover is currently in excess of $4 billion.

What does Sotheby’s sell?

Sotheby’s handles sales in more than including Antiquities, African Art, Impressionist & Modern Art, Old Master Paintings, Contemporary Art, Jewellery, Furniture, Watches and Wine.

What size of painting sells best?

At present, most people prefer medium to small paintings for their living and bedrooms with moderate themes. The most commonly preferred frames are 20″ x 24″,16″ x 20″ and 11″ x 14″. For posh galleries, exhibition areas and auditoriums the preferred size is generally 24″ x 36″ and 30″ x 40″.

Is any painting worth millions?

The most expensive artworks ever sold reach into the hundreds-of-millions of dollars, as the list of the top five show: Salvator Mundi (c. 1500) by Leonardo da Vinci (shown above) sold for $450.30 in 2017. Interchange (1955) by Willem de Kooning sold for $300 in 2015.

Who decides how expensive art is?

According to Augusto Arbizo, director of New York’s of 11R gallery, price is determined by “an artists exhibition history, sales history (if any), career level, and size of artwork.” He added that “sometimes, production costs are factored in as a cost that needs to be recouped.”Jun 29, 2016.