Art Auction Bidding 101

by Ricky Lim

Nowadays, there are many art auction houses available online such as sotheby and ebay. However, before attempting to bid for a fine art auction, there are some points you need to take note especially if you are a beginner to art auctions. If you are new to fine art auctions, you might first decide what it is you like to collect. Is it abstract art, oil-based painting, impression art etc?

20th Century Mexican Masters by Rufino Tamayo

You also might want to read up on the art category that you prefer to buy. Take for example, you are into abstract art. It would help you in your art auctions if you knew more about abstract art history, the various abstract art movements. The best way to start would be on the internet. One such site is www.artsconnected.org. They provide comprehensive search tools for visitors to research on their favorite art category.

Las dos Fridas / Two Fridas by Frida Kahlo

The history of Mexico is depicted in Mexican folk art. Each piece tells a story or provides a symbolic representation of the Mexican people and their culture. Some folk art reflects the indigenous cultures of the past, many lost to the colonization by the Spaniards. Spanish influences are also present in some works, as are Christian, pagan and folkloric themes. A true collector must study Mexican beliefs and cultural values in depth to fully understand Mexican folk art.

The other way is to browse the various art magazines, books, periodicals. You could go to your local bookstore, amazon or even the local library. Visit a few fine art auction houses and get a feel for the type of art you are interested in. Art Auction houses will usually provide detailed information on the art piece being auctioned.

Forever Always by Octavio Ocampo

How Do I Know The Art Piece I Like Is Real?

Ok, so you finally found an art piece you like. The next question you are probably asking is how do I know it is authentic? Since the value of an art piece is subjective depending on the person looking at it, it would be best if you can afford it to get a professional art appraiser to value the art piece.

For additional help, there are numerous resources available at your local bookstore. The best, though pricey, is Great Masters of Mexican Folk Art by Fernandez De Calderon Candida. Several others are good hands-on guides pertaining to a specific type of folk art or region of Mexico.

Retrato De Ignacio Sanchez by Diego Rivera

For large fine art auction houses such as sotheby, you can be assured that the art piece is already appraised and is authentic. However, if you are looking for an art piece at smaller auction houses or online art auctions such as ebay, you do need to be extra careful. Particularly so for online art auctions where there are many fake art pieces being auctioned.

If you like a fine art being auctioned online, the best way if possible would be to communicate with the art seller before buying. Online art auctions usually keep a track record of the art seller’s sales history and can help you to determine whether the seller is a reputable person.

Mexican Mystery by Elena Filatov

Ricky Lim runs an fine art auction info site. To know more about art auctions and early american art, visit his site.

Article Source: http://www.tips.com.my

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