Artists On the Rise
Contemporary Investment art auction
In collaboration with
Chinwe Russell Presents:
ARTISTS ON THE RISE AUCTION
Dear artists,
PLEASE READ IN FULL.
SUBMISSION DEADLINE IS 30th April midnight.
If you have arrived at this page, this is because I have invited you to submit your
work to be presented at the "Artists on the Rise” auction of Contemporary Investment Art taking place on 16th. April at 6pm. (26th edition)
This link is for you only and should not be sent to another artist without permission from me. If you know another artist who would like to participate, please ask them to email me at cr@chinwerussell.com
This is a live online auction and we do not require you to send your work to us. We only require good quality image of your work showing the sides if possible.
My auction partner is Chalkwell Auctions in the United Kingdom. www.chalkwellauctions.co.uk
All works submitted to us must be original and must be your own creation or that of the artist you represent.
All works submitted for auction must be available for sale on the day of the auction so make sure that this is the case before you submit.
The auction catalogue will be published in advance of the auction day, once the catalogue goes live, you cannot withdraw your work. This is because it costs time and money to prepare the catalogue. If there is any reason why you must withdraw your work, please let us know ahead of time before the auction catalogue is published.
RESERVE PRICE : Artists determine their own reserve price but we encourage you to be realistic, bearing in mind that buyers are looking for affordable art. Buyers at this auction are looking for work below the market price, so bear that in mind when you set your reserve price.
IMAGE: Your work will be sold on image alone therefore we need good quality image in jpeg. To give your work the best chance of being sold, ensure that the full image of the work is visible including any frame.
During the auction, all works will be presented one by one by the auctioneer, this happens very fast! There is no time during the auction to contact artists to see if they want to accept a bid or not. This is why you should price your work to sell.
If your work sells, the auctioneer will collect the payment + shipping cost from the buyer and the buyer's address is released to you.
You are expected to arrange shipping of the works as soon as you receive the shipping address. If it will take longer to arrange shipping, please contact me to discuss. You will ensure that you use adequate protective packaging when shipping your work. You will also need to use a tracked shipping service.
The Buyer pays the shipping cost.
PAYMENT TO YOU
We will receive payment for all works 4-6 weeks after the auction has taken place and we will pay to your bank account/paypal less commission (and transfer fees for artists outside the UK.)
Commission is charged at 30% of the sale value. There is auctioneer’s discretion of 10% to help maximize sales. (This means that if your reserve price is £100 for example and the final bid on your work is £90, the auctioneer will accept that bid.)
Once the auction ends, there is NO POSSIBILITY of chasing after bids that did not meet your reserve price as it will be too late. This is why it is important to price to sell.
The auction format is LIVE SALE and will happen on www.the-saleroom.com and www.chalkwellauctions.co.uk
AUCTION RESULTS.
During the auction, it may appear as if your work has sold. This may not be the case as some sales do not conclude! We will let you know the FINAL results of the auction a day or two after it has taken place.
Please ensure that the image of your work is high quality and in jpeg format. If your work is framed, then your image should clearly show this if possible. Submission does not mean that your work will be accepted for auction. If your work is accepted for auction, then it will appear in the auction catalogue once it has been uploaded.
COMPLETE THE FORM BELOW ONLY IF YOU HAVE READ THE ABOVE TERMS AND YOU WANT TO PARTICIPATE
Each work has to be submitted one by one.
For any question, email cr@chinwerussell.com +447572668922
Please complete the form below for the works which you wish to submit for auction.
YOU CAN SUBMIT 4 WORKS ONLY.
Best of luck at the auction.
Chinwe Russell
Curator
For any question, email cr@chinwerussell.com +447572668922
UPLOAD YOUR ARTWORK
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