How to sell painting. Part 4

Collectors of the World have overwhelming treasures. They possess most of the art heritage. Once in a while, collectors face necessity to sell one of the masterpieces…

Scenario #4. Collector chooses to sell one of his priced possessions. It can be painting of famous author, museum quality with perfect authentication papers. There are many extraordinary life situations leadingto parting with true jewel of the collection. In some cases,collectorneeds immediate large sum of money. The property may be used as collateral or impounded and official sale impossible. The art piece can be exhibited in the museum but sale is desired. Collector may choose not to share profits of sale with spouse or government.

Based on description of the great art piece, fast and easy sale seems most probable. However, due to other conditions, the sale must be private. This situation is paradoxical. The sale geared towards full price but has to be done “under the table”. The collector starts, so called, home or private auction . Owner uses trusted person to secretly spread news about availability of famous authentic art piece at the right price. The gossip includes details that the owner is snobby , inadequate and may refuse to sell because there is no need in money. Information spreads very confidentially. Often, even image of painting is secret.  Many buyers get involved in this game.

Our  Center for Art Research “Collector’s Luck” have seen many examples of such sales. Offered masterpieces often truly magnificent. This happens to paintings of famous authors like Pollock, Picasso, Caravaggio and others. Many such sales take years. May be this scenario worth the trouble.

Collector’s mistake: Collector blocked access to it-self and didn’t find the easiest route for fast sale. The sale takes too long.

Recommendations to collector: For fast and profitable private sale, collector needs effective strategy based on circumstances. Very few in the World can help develop the strategy. Our  Center for Art Research “Collector’s Luck” is capable of it.

 

To be continued….

 

The Center of Art Research “Collector’s Luck” states that this article based on prolonged and detailed research of world’s art market.

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