Artfield Artists About Artfield Artists
Artfield Artists is an auction featuring works by artists from all genre and age groups. Please enjoy the speedy auction that progresses in a Dutch auction style. We will create a new auction platform with a sales form that is suitable to create a bigger market for artists and creators. We will also be supporting the artists by returning part of the commission.
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NEXT AUCTION
DECEMBER 2023
About Artfield Artists
-Dutch Auction-
Dutch auction is an auction method which the price gradually decreases from the highest price. There is a sense of speed that cannot be found in English auctions which the bidding ascends and requires multiple bidders. In addition, it will be possible to make a successful bid at a more appropriate price. It is rare to adapt this auction style in the art world but it is truly an excellent way to solve various problems in the current art market.
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Consignment
・Consigned by artists, galleries,
and owners -
Auction
・The price will drop according to
the increments until a bidder who
wants to buy at the current price
wins the bid (The price will drop
every 7 seconds for this auction) -
Winning Bid
・The fastest bidder who wants to
buy at the current price wins. -
Payment
・The winning bidder pays the
winning bid amount +
commission to Artfield. Then,
Artfield pays the winning bid
Part of the hammer price
goes back to the artist
Listing, pricing and time-setting
Both artists and galleries are
qualified to consign.
Please bring in or deliver the
artwork to us before the designated due date.
The setting of the estimated
starting price and the estimated ending price will be decided in consultation with the consignor.
The time decrement is to be
around about 5~30 seconds.
Premium and Artists' Resale Fees
Premium
●Seller's Revenue
When the artist is the seller:
Winning Bid Price - Listing Fee (please inquire for details)
When partnering with a company or gallery:
Winning Bid Price - Listing Fee (please inquire for details)
●Artist Resale Fee (1% of the Winning Bid Price + Consumption Tax)
Paid to the artist by Artfield Artists
*This amount is returned to the artist regardless of the seller.
The Artist Resale Fee is an amount returned to the artist, irrespective of the seller.
In this auction, 1% of the hammer price is allocated as the Artist Resale Fee.
In case of a non-winning bid, there is no listing fee, but other costs, such as storage fees, will be in accordance with Artfield Auction terms and conditions.
●Auction Operations
・Artwork Photoshoot
・Publication of Artwork Details
・Preview Exhibition
・Auction Event
・Planned Networking Events and Promotional Activities
・Virtual Spaces Exhibition
・Online Previews
・Online Catalog
●PR Planning
・Promotion on Various International Art Websites in English and Chinese
・Promotion to Domestic Art Media and Corporations
・Communication with Our Customers
・New Customer Acquisition
・Promotion on Our Website and Mailing Lists
・Social Media Promotion
State of the last auction
Dutch Auction ART NOW vol.2
Date :Fri. Apr. 28, 2023
18:00 START
Preview :Wed. Apr. 26, 2023
Thu. Apr. 27, 2023
11:00 - 20:00