The most common rout that an antique items takes from a private seller to an investor is as follows.
An object that we describe as “Item A” is sent off to auction where is guaranteed to be sold on a set day .. The object is “Knocked down ” to a buyer at the hammer price of £100
after about one month the vendor with receive a payment of £75 .. Back on auction day the buyer pays the Hammer price of £100 plus an additional fee of £30 .
“Item A” is much more likely to have been acquired by a dealer than an end user . “Item A ” will now probably be re offered on Ebay or a specialist website .
The dealer’s asking price for “Item A ” is likely to be £300-£400 and if they a patient they will find a collector or even another dealer who believes a greater price can be asked . How could the original seller achieved a better return than the £75?.
We live in an age where information is at everybody’s fingertips . Had the original seller taken time to research just what specialist websites were asking for items similar to “Item A ” then an email sent to a specialist would have resulted in on offer to buy directly.
Selling in a general auction is a democratic, transparent option favoured when dealing with diseased estates . Traditionally in less enlightened times the auction provided pleasant surprises. Given that generally people were not enlightened achieving a return of £75 for “Item A ” would have been welcome news .
Today it is better to first approach then sell to dedicated professionals. At Arundel Antique Buyers we rely entirely from buying directly . The chances are that we have customers who have travelled from abroad on any given day. In areas such as militaria we are well known in the collecting community. Please call if you wish to learn more about our services .
The Amy M Gallery is in the centre of Arundel High Street . Arundel castle and the picturesque town attracts thousands of international visitors each year. At the Amy M Gallery we are interested in acquiring original oil paintings from all periods . On display is a volume oil paintings by contemporary artists with prices ranging from £300 up to £7000. If you are considering selling or investing in art we welcome contact from you by telephone or Email Message.. David Mattey will answer all enquiries promptly and provides offers free of charge .. Telephone 01903-884602 Or message email@example.com .
We travel to Mainland China supplying enthusiastic buyers . Our interest ranges from Porcelain ,Carved Jade , Lacquer work , and jewellery .. If you would like to discuss items you are intending to sell please feel free to contact me via email firstname.lastname@example.org.
Or telephone to arrange a meeting .
01903-884602 David and Amy Mattey provide a free valuation service for those choosing to visit our High Street Store..
Arundel Antiques Buyers operate from their high street store”Antiques and Militaria ” which is located in the centre of Arundel. No 18 High Street . Arundel BN189AB .
With auction mhouses reporting a decline in bidding from mainland China, the market is poised to anoint Taipei, the biggest city on the semi-independent island of Taiwan, as a new global art-selling capital. On January 18 Taipei Dangdai, the first fair in the city devoted entirely to contemporary art, will open under the tutelage of former Art Basel in Hong Kong director Magnus Renfrew, and mega-galleries such as David Zwirner, Hauser & Wirth, Gagosian, Thaddaeus Ropac, Pace, and Lisson all signed on for the inaugural edition.Taipei Dangdai’s swift embrace by the world’s top galleries shows how collectors in Taiwan—which is officially called the Republic of China and is not an independent nation, but has little interaction with the mainland—have made the island an essential piece of any serious gallery’s Asia strategy. Sean Kelly Gallery, long a single-gallery operation in New York, chose to open its first overseas location in Taipei, and will have a project space that’s run by newly hired director of Sean Kelly Asia, Gladys Lin. And when Lévy Gorvy announced in November that it would be opening a gallery in Hong Kong, it also announced that it had hired a staffer to work in an office in Taipei. The coronation of a new Asian art market hub comes at a time when collectors in mainland China have been buying less at auctions and fairs. The main reason for the downtick appears to be a government crackdown on spending money outside of the country, which is happening amidst a trade war with the United States that is cutting into profits. The first quarter of the year ends with Art Basel in Hong Kong, and by then, we should have a better sense of which parts of Asia are fueling the continent’s art buying.
The effect of Saudi Arabia’s investments
Political uncertainty may indirectly affect the overall mood of the market; just as often, auction houses and fairs are hit directly by the decisions of foreign powers. Case in point: In April, Hollywood super-agent Ari Emanuel threw a dinner for the crown prince of Saudi Arabia, Mohammad Bin Salman (MBS for short), at the Santa Monica home of producer Brian Grazer and his wife. They dined while surrounded by works by Richard Prince, Gerhard Richter, and Ed Ruscha to celebrate MBS’s 5- to 10-percent stake in Emanuel’s entertainment company, Endeavor—which is the majority owner of Frieze, the art fair and media giant—that the Saudi sovereign wealth fund had purchased to the tune of $400 million.Such a deal was already somewhat controversial given Saudi Arabia’s checkered human rights record, bombing campaign in Yemen, and MBS’s power consolidation that involved imprisoning his enemies in the Riyadh Ritz-Carlton. But it was not until the journalist Jamal Khashoggi was assassinated at the Saudi consulate in Istanbul that Emanuel began the process of pulling out of the deal, telling the Hollywood Reporter that he was “personally…really concerned.” That’s a large chunk of change to have to return, and it remains to be seen how it will affect the launch of a new Frieze fair on Endeavor’s home turf: Frieze Los Angeles, which will hold its inaugural edition in February.Frieze’s parent company is out nearly half a billion dollars, but other art world entities are still figuring out how involved to be with a wealthy Saudi government intent on investing in cultural infrastructure. In December, it was revealed that Sotheby’s has been in talks with MBS to build an art city in an archaeologically rich part of Saudi Arabia’s deserts. The auction house is still in an “exploratory phase,” according to a spokesperson for the country’s cultural commission. And in November, the magazines ARTnews and Art in America were sold to Penske Media Corp., which in February accepted a $200 million cash infusion from the sovereign nation’s Public Investment Fu