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Fine Art Sale - Menzies Art Brands
BUYING & SELLING ART
WITH MENZIES
Menzies Art Brands
https://www.menziesartbrands.c
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BUYING ART WITH MENZIES
Keep up to date with your favourite artists via
Menzies’ art alert system. As a registered account
holder on our website, you can nominate your
preferred artists and receive notifications via email
whenever their works are being offered at auction
with Menzies. Click the button below to sign up for
a 'registered user' account.
Auction estimates are based on prices recently paid at
auction for comparable works and take into account
condition, rarity, quality and provenance. Estimates,
unless otherwise stated, are in Australian dollars, are
inclusive of GST and do not include the buyer’s
premium.
Auction Estimates:
There are four ways to bid at auction
with Menzies:
Bidding in the Room
Telephone Bidding
Absentee Bidding
Online Bidding
Bidding Increments
Registering to Bid:
Requesting an Art Appraisal:
If you are thinking about selling a work of fine art,
Menzies would be pleased to provide a free initial
estimate of its auction value. Appraisal requests may be
submitted via our Online Appraisal Form or by
contacting one of our specialists directly. Menzies also
offers appraisals in person at our Sydney and Melbourne
galleries on Wednesday afternoons, from 2:00 pm to
5:00 pm. Clients are welcome to bring along their
artworks at this time; there is no need to make an
appointment. In some circumstances, Menzies’
specialists may be able to appraise artworks in situ at
your property. Onsite appraisals are generally free of
charge but a fee may be applicable depending on the
scope and diversity of the collection. This appraisal fee
would be fully refundable in the event that these
artworks are consigned to auction with Menzies.
SELLING ART WITH MENZIES
Consigning your Artwork:
Each consignment is
subject to a seller’s
commission which is
calculated as a
percentage of the
hammer price of each
artwork and is therefore
payable only if the work
is sold. In some
instances, the
consignment may include
one-off fees associated
with a third party – e.g. a
copyright fee or resale
royalty payable to the
artist or their estate.
Presale Advice:
During the fortnight preceding the auction, you will
receive a
pre-sale advice form. This form provides the vendor
with the option of authorising Menzies to reduce the
reserve price of an artwork consigned to the sale.
After-Sale Notification:
Within a few days of the auction taking place, you will
receive an after-sale advice listing the final hammer price of
each lot, or, in the event that the artwork went unsold,
notification that it was ‘passed in’. Payment for lots sold will
be processed approximately 35 days after the sale. Please
ensure that you have advised Menzies in advance of your
preferred method of payment. The final proceeds of sale will
be equal to the hammer price of each lot sold, less seller’s
commission and any additional costs as agreed at the time
of consignment.
Should your artwork go unsold, Menzies’ specialists would advise of
any post-sale offers. Menzies generally recommends that unsold works
remain on our premises for several days after the auction, so that they
may be viewed by any prospective buyers. After this time, unsold
artworks will be available for collection provided that any outstanding
fees relating to the consignment have been paid in full.
CONTACT
Menzies Art Brands
Tel: +61 2 8344 5404
Email: [email protected]
Web: https://www.menziesartbrands.com/
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