How To Handle Your First Auction

Stepping into an auction house in Palm Beach can be intimidating, especially if you’re a novice bidder. The good news is that there are a variety of different types of auctions going on at different price ranges, so you don’t have to be a member of the billionaire set in order to come home with something you like. However, there are cases where a few novice mistakes can lead to you overbidding or potentially missing out on a piece that you weren’t aware of, but would have really wanted. Here are some basic tips for novices to get the most out of their auctions.

The first thing you should do is get in the habit of research when it comes to heading to an auction. The reason for this is that the best way to bid effectively is to know exactly what it is you are bidding on. It’s okay if you don’t have a lot of knowledge on the subject, just bring on an expert. The best way to connect with skilled appraisers and other experts is to ask experienced collectors who they trust. Note that it’s best to pay for added help and the best databases rather than opting for free ones. These can lead to misleading results.

If you’re a newcomer and a bit worried about your impulse control, it may be a good idea to start your bidding with an absentee bid. An absentee bid allows you to bid the exact amount your budget allows or what the expert recommends, allowing you to automatically win out on any ties that you get with a live bid. In these situations, it’s best for you to try and pick a bid that’s above a typical threshold, like $21,000 over $20,000. This little bit extra may allow you to win a bid over getting a tie bid.

If you opt to go for an in-person bidding experience, and it’s worth doing at least once, you’ll get an idea of how things run very quickly. For example, the bulk of art dealers tend to sit in the first few rows and make subtle gestures for their bids. The reason for this is that they will likely be reselling the work down the line, so they want to keep things private. Another thing to note is that this often means the auctioneer will be focused on those rows. Make sure that you sit on a side seat so even if the auctioneer doesn’t notice you, the spotters will, so your bid gets counted.

A Guide to Andy Warhol Artwork

Andy Warhol is a revolutionary American artist who influenced society with his personality and public statements just as much as he did with his art. He was one of the key figures in the pop art movement, and his works have garnered some of the highest auction appraisals in not only Palm Beach, but the rest of the world as well. Here is a brief overview of what made Andy Warhol such an important person in the art community.

Forming a Passion

Andy was born in Pittsburgh in 1928 and showed early signs of intellect and creativity. As a child, he developed a nervous disorder which encouraged his desire to stay home for large periods of time, during which he would often read and listen to the current ongoings of the American pop culture scene.

Andy then went on to graduate high school early at the age of 16 and enrolled in the pictorial design program at the Carnegie Institute of Technology. Upon graduating, Andy moved to New York and began his career as a successful commercial illustrator. During his time as a commercial illustrator, Andy created many local advertisements, some of which earned him awards and began gaining him some local notoriety.

Becoming an Artist

It was in the early 1950s that Andy decided to attempt being an artist full time, and began producing pieces in the forms of paintings and drawings. By 1960, Andy had started experimenting with his art more by creating paintings that included the use of comic strips, which marked his official development into the world of pop art.

His process was an unusual one which involved using a projector to project an enlarged image onto a blank canvas, which Andy would then trace directly onto the canvas and paint in afterward. It was with this process that he created his famous Campbell’s Soup Can images.

Andy would later go on to attempt his hand at the silkscreening process. He found success in this field, creating many different pieces in only a few years. His beginning silkscreen works featured images of common consumer goods such as dollar bills or shipping labels, but his later silkscreen projects centered around images that were meant to shock the viewer.

Andy took some time off from his usual art in the ’60s’70s 70’s where he focused on filmmaking, music management, and writing. He would later return to painting in the late ’70s, which he continued to do until his death in 1987.

Signature Style

Andy Warhol experimented with many different styles throughout many different mediums in his artistic career. However, one thing that remained prominent in his works is the presence of pop culture imagery, often used in a critical or experimental way.

A Guide to Piaget Watches

Known today as one of the highest quality watchmakers in the world, Piaget had very humble beginnings dating all the way back to 1874. It was then that Swiss farmer Georges Piaget decided to open up his first watchmaking workshop. From there the company quickly grew over the next 100 years and was a prominent force in the watch industry. Here’s a brief overview of what allowed Piaget to go from a small-time operation to a worldwide presence, and what makes their products the envy of every auction house in Palm Beach.

Products Over Popularity

For a large portion of time during the start of the business, Piaget did not care about being flashy but rather spent the entirety of their efforts making sure that their watches were of the highest quality. This meant that the standard of the product was held above even their own recognition, with Georges Piaget choosing never to sign his business name onto one of their watches. It wasn’t even until 1943 that the Piaget brand became a registered trademark and began regularly branding their products with their logo.

The company developed a dedication to making ultra-thin watches, with some of their models such as the 1960 Calibre12P and the 2014 Altiplano 900P setting world records for their thinness. They also became the first company to decorate their watches with semi-precious stones.

It was during the 1960s that Piaget began diversifying into other areas of the fashion accessory market, with the release of their first line of jewelry. The success of this later resulted in the company opening their first factory and boutique dedicated to their jewelry.

Expanding Quality and Reach

The Piaget company began rapidly expanding both its product line and its number of stores in the 1960s and ’70s. 1964 saw the introduction of their watches decorated with lapis-lazuli, turquoise, onyx and tiger’s eye gemstones. They continued to make their watches thinner and flashier to appeal to a higher-end market.

Throughout the remainder of the 20th century, Piaget released a large number of new watch models and remodeled some classic styles such as their Emperador line from the 1950s, all of which met the level of quality that the company had established for their brand.

Signature Style

Of the most obvious attributes of Piaget’s products, especially in their watches, is the thinness of them. The company holds several world records and has made this a priority for themselves across all the different types of watches they produce. Some other recognizable features of their watch products are the heavy use of gold and platinum, as well as the inclusion of semi-precious gemstones, especially in their line of female watches.

A Guide to Le Pho Artwork

A man of many talents, Le Pho was a Vietnamese artist who traveled the world painting, teaching, and performing his one-man show. As a young student who received formal training at Ecole des Beaux-Arts of Hanoi for four years before transferring to the corresponding school in Paris where he remained for another two years.

He spent several years working as a teacher at Ecole des Beaux-Arts of Hanoi, but then gave it up to return to Paris. It was shortly after returning to Europe that Pho really started to enter the public eye and became a star in the artistic community. Here is a brief overview of the importance of Pho’s work and why it has made such a lasting impact on the art world that even decades after his death his art is still in high demand at auction houses in Fort Lauderdale and other parts of the world.

Establishing Himself 

Pho didn’t really begin to make significant waves in the world of art until he returned to Paris as a delegate for the International Exposition in 1937. The next year he hosted his first one-man show and was soon performing it all over the world after word spread about his talent. It wasn’t long before Pho began forming close relationships with some massively popular art galleries, and his work has since been featured in multiple exhibitions all around the world.

Signature Styles 

Pho covered a variety of topics throughout his career, but his catalog of works can often be split into three separate groups. The first of these groups was developed while he was living in Vietnam. These artworks feature images of Vietnamese countrysides and often included womanly figures in the scenes.

The second style, prominently known as the Romanet period, featured much darker imagery of war and civil unrest. This gave his works a lot more narrative to them and employed a shift is his preferred color palette.

The third style saw a return to his artistic roots and was close to the artworks produced in the first part of his career. They featured warmer images and returned to something similar to his standard color palette. Works from this period also employed the use of oils on canvases, which was something that Pho had left largely unexplored up until that point in his career.

The majority of his images used a lot of warm colors and had an unusual texture to them due to his early preference for painting on silk. This allowed him to craft a very delicate painting process which was extremely hard to replicate for other artists who had done the majority of their work on standard canvases. The common themes found in most of his work are the presence of Vietnamese women, flowers, and landscapes.

6 Things You Didn’t Know About Andy Warhol

If you go to an auction house in Palm Beach, taking in a high-end art sale and watching wealthy people and art companies bid on expensive pieces of art, you likely wouldn’t be surprised to see a piece by Andy Warhol. And while you may be surprised to see him come up at a sale, you may be a little bit more surprised by these seven facts. Then again, given the personality his art exudes, you may also be completely unsurprised by all of these interesting facts.

1)   The popularly seen Campbell’s Soup painting was not just a painting of any regular cans of soup: Warhol ate the soup every day for twenty years, being inspired by the simplicity and repetition of the labels and the soup and then, in turn, decided to create the piece of art in response. He also created a similar series using Coca-Cola and was seeking to characterize normal everyday items that many people would not typically see as art.

2)   While a video is incredibly popular and normalized today, in Warhol’s time, this was not the case. Never a follower or afraid of breaking mainstream, however, Warhol was one of the first artists to explore the film medium, creating over 650 films in his time. Some were as simple as him eating, while others were more complex offerings.

3)   If you thought his hair was real, and his glasses were necessary, you, like many others, were fooled just as he had hoped! Warhol, in fact, was bald and had a lazy eye. To compensate, he wore a wig and chose opaque glasses with a small pinhole to see through.

4)   Warhol’s artistic desires were not limited to visual, through paintings and film. He also had an extensive smell collection! He used this partly for personal use, changing his perfume every three months, but it was also for creative expression purposes: he would use smells to document memories and then have them on hand to trigger the memories and emotions whenever he needed them.

5)   Warhol was shot and almost killed by radical feminist Valerie Solanas. After this incident, he started using himself as a living symbol of death, including creating self-portraits with skulls and photographs by others of his scarred body.

6)   Warhol was worth a lot of money: his estate sale netted nearly $25 million, his piece 200 One Dollar Bills sold for over $43 million and his Marilyn Monroe paintings are some of the most coveted pieces of art, even to this day.

Whether you’re a Warhol fan, looking to learn more or are thinking of purchasing one of his pieces, these simple facts will allow you to be a more educated consumer and have a little laugh in the meantime.

3 Tips for Placing the Winning Bid

If you are visiting your first auction house in Fort Lauderdale, you are no doubt intimidated by the process, the fellow attendees and by seeing impressive art by the likes of Andy Warhol, Frank Stella, and Alexander Calder. But with big things at stake and a lot on the line, going in as a novice, and appearing as if you don’t know what you are doing won’t work out well in getting you the coveted Warhol piece you are after. Follow these tips for helping you get the winning bid.

1)   Do Your Research

Before you show up, make sure you know what the art is that is being sold. Research the pieces, the artist, the gallery selling item, and the history as related to all of these areas. Not only will this boost your confidence, but it will also give you an advantage over other attendees who have not done the same amount of research. For example, you may know more about the true value of the art piece and be able to avoid paying exorbitant prices, when someone else is there budding and thinking they are getting a good deal.

2)   Enquire about Editions

Part of your research component should be to understand the editions of the art. Art is sometimes released in several editions, and each one has a different associated price point. The first edition, or original edition, for example, has a much higher price point than later releases. Finding out ahead of time what editions the sale will offer, the price of the sale of editions previous, and when the edition closed will prevent you from paying more than the edition is worth.

3)   Be Absent

Well not in mind of course, but in presence. If you have attended previous bidding sales, you may have noticed that a lot of them seem to happen via people who aren’t there, and often, the winning bid doesn’t even have the actual winner there to take the prize. The bidding wars can get stressful and intense, and this can cause serious bidders to get off their game, be distracted or succumb to at the moment impulsive decisions which they otherwise would not have made. This is why many people will opt instead to bid on the phone and be absent from the event itself, sending someone on their behalf and simply relaying the phone conversation as relevant. If you tend to get overwhelmed easily or are prone to caving in stressful situations, this could be a good option.

Being at an auction is exciting and fun. And it is even better when you can walk away from it with a new piece of art that you have been dreaming of having in your house for many years. Do your research, plan ahead, and with some patience and reserve, you can have just that!

What Not to Do at a Live Auction

Live auctions can be intimidating for first-time visitors. That’s because, first-time buyers are often not aware of the process and protocol. Rather than suffer the consequences of not knowing, this article highlights all of the things that bidders should not be doing to ensure it is an enjoyable experience for all.

Wait Until After You’ve Won to Check Pick Up and Delivery

One of the things that first-time bidders forget to do is to check the stipulations surround the pick-up and delivery of the item. If the bidder fails to do this prior to placing their bid, they could be in for a costly surprise. That’s because some delivery fee will be up to the bidder to pay for, which can be costly if they’re transporting from Palm Beach to an auction house across the country. This can be an expensive ordeal if the item is large or delicate. As well, trying to coordinate the move can be stressful. Rather than dealing with these issues after the purchase, all bidders could check the listing prior to bidding to avoid disappointment.

Show Excitement

Bidders that show excitement are at risk of losing in a bidding war. That’s because the more excitement that a bidder shows the more information they are giving away. Other bidders may interpret this excitement as a willingness to over pay. If the others are interested in this item, they may give out a high bid as a way to deter you from the item.

Get into a Bidding War

Bidding wars for items can be intense. Plus, when it is over the winner may find themselves paying more for the item than they initially intended to. First time bidders should avoid getting caught up in the excitement of these wars. As well, they should avoid competing for items they are not particularly interested in which could result in wasted money.

Give Your Maximum Immediately

Giving out the maximum amount that a bidder is willing to pay is a risky scenario. That’s because, if another bid comes in higher, they will be priced out of the sale. Rather, the bidder should begin with an amount less than their maximum. That way, if other bids do come in, the bidder can slowly increase. Plus, if no other bids come in against the initial one, the bidder can feel happy knowing that they did not to reach their maximum budget to buy the item.

Bid on Items You’re Unsure of

If you are unsure of an item, you should avoid placing a bid on it. That’s because it can result in regret and wasted costs if the bid does happen to win. Rather, it is best to seek out items that are worthy of investing in.

 

What to Look for In an Auction House

When placing an item up for sale, there are many things to consider. The seller should be sure to research, and pick a reliable location. Otherwise, it can result in stress, wasted commission fees, and a bad experience. Rather than suffer the consequences, this article lists the top things that all sellers should look for prior to listing their item.

Reliability

One of the things that all sellers should look for when deciding on a location is how reliable it is. In order to see how reliable, they are, sellers should try speaking to other clients who placed their goods with them. When speaking to the prior customers you should ask about how their experience was, and how seamless the process seemed. If there is any negative feedback, it is a sign that sellers should continue on their search.

Quality of Goods

For high-end product that you are interested in selling, try looking to place it at a location that has a similar selection of goods. This can ensure that your item will match with a like-minded buyer. In turn, increasing the chances that the item will sell quickly. As well, this can help to ensure that the price of the item is accurate, and you are not listing the item for less that you intend to.

Favorable Reviews

Prior to deciding on a location, you should research the reviews of it. To do this, you should head online to see what prior customers have to say. If they do not have favorable reviews, it is a sign to look elsewhere to place your item. For example, there are many auction houses in Fort Lauderdale alone, and some of them may not have good reviews.

Large Selection

If the place you decide to go with does not have a large selection of items, it may be best to look elsewhere. Certain locations that do not have a large selection of goods may not be able to bring in customers. This means, you may not be able to sell your item for a price you intended because there may not be able to generate interest.

Policies

All locations have set policies. Prior to placing an item with them, you should request from the owner what the requirements are. This can help to avoid any disappointment in the future, as well as any miscommunication.

Convenience

Selling an item should be a seamless process. If the location you are interested in does not seem convenient, or has a great deal of rules and regulations it is best to look elsewhere.