{"id":12360,"date":"2020-04-28T13:42:55","date_gmt":"2020-04-28T13:42:55","guid":{"rendered":"https:\/\/migrate1.artrights.me\/?p=12360"},"modified":"2021-04-21T15:44:09","modified_gmt":"2021-04-21T15:44:09","slug":"the-private-sales","status":"publish","type":"post","link":"https:\/\/artrights.davidebaldi.com\/en\/the-private-sales\/","title":{"rendered":"The Private Sales"},"content":{"rendered":"

THE PRIVATE SALES<\/b><\/span><\/h1>\n

Private negotiations for the sale of works of art are growing<\/em><\/h2>\n

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Inside the auction houses, in addition to the public sale at auction, there is an increasing use of Private Sales, private sales negotiations that ensure absolute discretion for the collector.<\/h2>\n

The turnover of Private Sales according to Art Basel and UBS’s “The Art Market 2020”<\/strong><\/a> Report has grown, with sales for Christie’s<\/a><\/strong> and Sotheby’s<\/a><\/strong> of over $ 1.8 billion. <\/span><\/p>\n

The Private Sales service guarantees the collector the utmost confidentiality<\/strong>, so private sale has a dedicated team, which works all over the world regardless of the established auction calendar. <\/strong><\/span><\/p>\n

The auction houses offer the service in particular to those who are looking for a specific work for their collection or on the contrary for those who want to put on the market, in total privacy, one or more pieces of their collection, without however the hurry for an immediate sale.<\/strong><\/span><\/p>\n

Private negotiation objects are not only works of art, but also design, jewelry, watches, antiques, bags,<\/strong> old books or manuscripts that exceed $ 100,000.<\/strong><\/span><\/p>\n

On the occasion of a Private Sale,<\/strong> the seller establishes the net sale price with the auction house, after careful artwork evaluation<\/a><\/strong><\/span>, under which he is not willing to go down, and consequently the team establishes a request price by contacting only and only a limited number of possible buyers, who have expressed interest over time for a particular artist, subject, technique or simply have a budget that corresponds to the asking price.<\/strong><\/span><\/p>\n

The reasons why a private negotiation is chosen, rather than a public auction, can be different, including:<\/em><\/h2>\n