Wednesday, June 18, 2014

Steps To Holding Fundraising Art Auctions

By Ina Hunt


Art is often used to raise money in order to aid non profit organizations with certain causes like helping victims of a typhoon or helping the poor. Now what a lot of people would do is gather a lot of artworks from local artists and would hold fundraising art auctions in order to dispose of these artworks and get some money. Now if one would want to hold one of these things, then here are a few steps to make it successful.

Now the very first step in holding this kind of event is to of course make sure that there is a significant amount of merchandise to auction off. One has to make sure to gather as many types of artwork as he can like paintings or sculptures. If he would want, he may also get other forms of artworks too like photographs or handcrafted things.

Now the hard part about holding an auction like this is actually getting artists to provide the artworks for the event. If one has connections with an art gallery or museum then this is definitely no problem. However, if one does not, then one thing he may do is try to team up with an art school and give them a proposal that is approved by the supporting organization.

After doing those two things, then the very next thing that one should do would be to hire an auctioneer that will help him with the event. Now he may actually try to do the thing by himself but he will actually have a hard time. SO it is actually better if he had a professional to help him with all the technicalities and details.

Now these professionals will be of help in this kind of event because they would know exactly how to go about. They know how to organize these kinds of things as well as plan the flow. They would also most likely know how to evaluate artworks based on their true market value.

Now after all of these things have been done, then the next step is to of course try to promote the event. Now in order to promote the event, one can actually pass around fliers and blast messages in his Facebook page. Of course he has to make sure to mention the name of the organization that is supporting this event so that people will be more encouraged to go.

Of course before the auction starts, one has to decide what the opening bid for each item would be. Basically, the opening bid is the starting price of the item. For example, if the opening bid of a painting is around ten dollars, then the participants would start at ten dollars and make the bid keep on going higher.

Of course one should also decide how he is going to collect the payments. He has to think of payment methods for when the participants would pay for their purchases. Most auctions would just accept cash but the really big ones would accept check or bank transfer.




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