Auction paintings at auctions

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In the course of a lifetime, a few rarities accumulate, which, however, often eke out their existence in attics or in damp basements. It would make sense to have these auctioned off - this is particularly worthwhile for paintings.

Paintings are also safe and lasting investments.
Paintings are also safe and lasting investments.

Have the painting valued before auctions

  • Before you have a painting auctioned by an auction house, you should have it valued. This gives you some confidence and also gives you a clue as to where the commandments should begin. Ask in an art gallery if something like a free appraisal is held there on some days. Many state museums also offer this.
  • Another possibility before auctions would be to have your pieces assessed by an appraiser. This will also come to your home and issue an expertise. But be sure to ask in advance how much they charge for their services, an appraiser can quickly become quite expensive.

Hire a reputable auction house

  • Make sure you find a reputable and reputable auction house. You will surely find something in almost every big city. Call them and make an appointment to bring your paintings over and discuss further details.
  • Remember that auction houses also want to earn and collect a certain percentage of the proceeds in addition to a fee. You will find out how much this is there. But don't get involved in an auction contract that provides for more than 20 percent of the sales amount.
  • Then, in agreement with the auction house, you still have to determine the starting price of the painting and the steps in which bids are submitted. You can be there on the day of the auction, you will be notified in advance by the auction house on which day your painting will be auctioned.
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  • A completely different, but far less complicated way of auctioning your painting would be the eBay platform. Objects of art are also offered for auction there. If you intend to do this, you should definitely find out what the shipping would cost so that you can include this.

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