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Search results "auctions"

A new initiative called 'Artist's Choice' has emerged, designed as an innovative path for artists and their galleries. The main goal of this project is to provide them with the opportunity to bring works directly to the market through an auction platform.

Auction houses, once considered bastions of conservatism, are actively entering the digital age. Today, participating in auctions no longer requires a physical presence in the room. Thanks to mobile apps and online platforms, one can bid on art, antiques, or collectible cars from anywhere in the world with just a smartphone.

Beyond the classic public auctions where dozens of participants compete for a lot, other, less publicized formats exist. These include private sales and charity auctions. Each of these formats has its own unique characteristics, objectives, and rules of participation, attracting a diverse audience.

Participating in an auction can be thrilling, but the euphoria of winning a lot often gives way to surprise when you see the final bill. The price at which the auctioneer's hammer falls (the hammer price) is far from the final amount you will have to pay. There is a whole system of additional fees that significantly increase the final cost.

Success at an auction is rarely accidental. Behind every profitable purchase lies cold calculation, an understanding of psychology, and a well-chosen bidding strategy. Knowing different tactics allows you not only to control the bidding process but also to exert psychological pressure on rivals, making them doubt and retreat.

In recent years, there has been a steady shift in the art market's center of activity towards Asia. Hong Kong, Shanghai, and Singapore are strengthening their positions as leading global hubs, competing with New York and London. This growth is driven by the emergence of a new generation of wealthy collectors from China, South Korea, and other countries in the region, who are actively investing in both national and Western art.

Recently, the performance of postal services has been drawing more and more complaints. There has been an increase in cases where purchased goods arrive damaged, and sometimes packages disappear without a trace, never reaching the recipient.