Newsletter Sunday Feb 21st, 2010 Art from Muhammad Ali to Barre MA
Monday, February 22, 2010 at 8:21AM But if you are one of my newsletter subscribers, and put a little time aside for one of these auctions, then you’ve been put out a bit, so here’s what I’m going to do. I have two auctions I’ll be scheduling on Monday and Tuesday evenings of next week.
On Monday night, I’ll be doing an auction on
uStream.com and the first item of the auction will be include this give-a-way.On Tuesday night, I’ll be hosting an auction on
DealitLive.com and if the winning bidder is from this email list, they’ll receive the item for free as well, with only shipping fees due.===============================
Art from Muhammad Ali to Barre MA
I get a lot of requests for art appraisals at AuctionWally.com. Art is one of the most difficult types of collectibles to appraise due to so many factors, and I’ll often decline an online art appraisal if I cannot authenticate the piece from photos of it. I’ll conduct the appraisal if in fact the owner knows that it’s legitimate, but I’ll often enter a caveat in the appraisal that I’m basing the evaluation on assumptions.
Then there is the question of what the art is worth if it is legitimate, which of course is a very subjective question as well. Condition, period of the artist, whether or not the work is of their forte, the medium it’s on and many other factors come into play when value is assessed.
All this confusion may seem frustrating to some folks, but the fact is, it makes for a huge profit potential. If someone is going to make a windfall in the collecting world, it’s usually with a piece of art. If there’s a “sleeper” at an auction it’s usually a piece of art. If there’s a rare treasure pulled out of a flea market or an antiques show, it’s very often a piece of art.
Let’s look at two current examples of artwork coming up for auction for an illustration of this theory:
The art of Muhammad Ali. That’s right, the famous boxer Muhammed Ali was also an artist. What is his work worth? Is it valuable for who he is, or can it stand alone? Many famous people in history dabbled in art, including Hitler, Churchill and others. It will be very interesting to see what this Ali Serigraph sells for in an upcoming auction at
RoeGallery.com
The art in my Barre MA auctions: This is the type of auction where you’re likely to find those sleepers I mentioned earlier. Recently, I acquired about 1000 pieces of art from a retired antiques dealer. I have little idea of what is there. Really. There is just not enough time to research all of it. This week on Thursday evening, much of this art, along with antique books, porcelain, glass, other antiques and collectibles will go on the block to be sold at a rate of 2-3 items per minute.Since this art will be sold without reserve, there will be treasures found, there will be items sold WELL under their perceived value.
Small country auctions such as the one I hold on Thursday evenings, can be a fantastic place to find diamonds in the rough in any area of collecting. If you’re not attending your local auction house auctions onoccasion, I can assure you, you are missing out!
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As with the live auctions, there has been a bit of a scheduling glitch with The AuctionWally Show episodes, and again, I hope to have that back on track soon.
That’s it for this week, I’ve gotta go, lots of stuff to catch up on!
www.AuctionWally.com/prices-realized you’ll find a 100% free prices realized directory, no registration required.
See more details on upcoming Thursday night auctions in Barre. If you can answer “yes” to a few simple questions, you may be able to start making good money as an antiques appraiser. I have a one day seminar that will help qualified candidates start earning between $75 and $150 per hour as a Professional Personal Property Appraiser.
Find out more here.
http://massauctioneer.info
MarketMeTweet.com to help you with your Tweets, it’s like putting them on steroids!The weekly contest:
This week’s contest question is, what is the pre-auction estimate range of the Muhammad Ali Serigraph mentioned in this newsletter. Hint: details are in the slide show price report.
Auctionzip.com the largest live auction locator.- Find auctioneers
- See the prices realized section to find out the current value of items.
- Search for items coming up for sale
- Track which auctions specialize in specific genres
- Learn how to consign to auction houses
http://Collectiblescornertv.com Tammy Kahn Fennell provides tips, interviews and news with a lot of fun.
iCollector.com is an online portal into hundreds of auctions from live venues?
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