The Best Art Webinars

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7 May 2020

THE BEST ART WEBINARS

Together with e-learning platforms, webinars dedicated to art training are becoming indispensable digital tools.

Now more used than ever, webinars are online seminars to be followed live thanks to your computer, tablet or smartphone, from the comfort of your own home.

During this period, there is no lack of webinars on the Net, in Italian and English, for artists, collectors, art galleries or operators in the sector, useful for training and updating on art and new dynamics, such as those always related to more to new technologies and digital Here is a selection of the best webinars on art:

ARTSY for art galleries

Artsy offers galleries, but not only, the opportunity to participate in various webinars, to better manage their online and offline activities. The team of experts presents a selection of topics such as selling online in total safety, the development of their social channels or the trends of the 2020 market, how online innovation can be the key to success and the potential of virtual reality applied to art. In-depth opportunities not to be missed

ICOM for museums

The ICOM International Council of Museum is the international organization of museums and museum professionals committed to preserving, ensuring continuity and communicating the value of the world’s cultural and natural heritage, current and future, material and immaterial. The AperICOMs of the Digital Technologies for Cultural Heritage Commission began in April: it is a series of live events, every Thursday, concerning the theme “Museums and Digital at the time of COVID 19”. A way to understand how museum professionals will face the challenge of digital.

PROFESSIONEARTE.it for Art Professional

The ART WEBINARs of ProfessioneARTE.it are online sessions, where you can follow the lessons and interact with the professionals and protagonists of national and international art. Many types of webinars are available, free and paid – among them: “How to protect, preserve and secure your art collection” together with Italo Carli, “How to buy art safely” with the lawyer Annapaola Negri-Clementi, ” How to use Instagram for Art “with Andrea Concas or still discover the professions of the art world, such as” The figure of the Exhibition Registrar “with Linda Pacifici of Fondazione Palazzo Strozzi and” The independent art curator “with Maria Chiara Valacchi.

MIBACT for the protection of the cultural environment

A new distance learning program for the staff of the Ministry of Cultural Heritage and for professionals of culture has recently been inaugurated. Prepared by the School of Cultural Heritage and Activities Foundation, in agreement with the Directorate General for Education, Research and Cultural Institutes of the MiBACT (DG-ERIC), the initiative aims to provide professionals in the sector with the most qualified methodological tools to operate in the cultural sector. Live webinars are available from April 14, while the webinar cycle on technical-scientific topics has started from April 20, dedicated exclusively to the professional updating of MiBACT staff.

And you, are you ready to participate in art webinars?

How to take part in online auctions

By

redazione

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6 May 2020

HOW TO TAKE PART IN ONLINE AUCTIONS

Short guid to online auction

The purchase of works of art on the online platforms of auction houses has been a real business for several years, which has undergone a surge in use with the imposition of the lockdown for the Coronavirus emergency.

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However, according to the analysis carried out by Artnet, auction sales fell by 75.8% in March 2020 compared to the same month in 2019. Last month, in fact, auction houses all over the world sold works of art. $ 227.6 million worth of art, down from $ 939.3 million in March 2019. The slump is even more dramatic considering that sales were $ 1.2 billion in March 2018.

Of course these numbers are to be evaluated with the new dynamics of supply and demand, where the latter has seen the cancellation of high value sales, postponed to June in most cases, with a preference for works of art and multiples whose values do not exceed, if not in some cases, the $ 10 thousand.

In 2019, the Sotheby’s auction house sold around $ 250 million in artwork and luxury goods online through a mix of live and dedicated online sales. Of these, $ 80 million was made from 9,000 lots sold in 129 dedicated online auctions – 55% more than 2018.

Since the start of the lockdown (March 28), Patrick Drahi’s auction house has carried out 23 online auctions that have made $ 44.5 million (over half of Sotheby’s total annual $ 80 million for dedicated online sales in the 2019).

By focusing on online sales, an emerging phenomenon has also developed, that of cross-collecting, i.e. the purchase of collectibles ranging from ancient to contemporary art, to luxury bags, to design up to watches . Auction houses are today considered the most reliable intermediaries online, certainly because they are capable of offering high quality works; in addition, many of these have invested in technological implementation, making the online bidding system more transparent for the user.

For example, the Sotheby’s website allows you to see not only the last offer made by the other competitors, but also whether the last one exceeded the reserve price or not. Here is a short guide to help the collector participate in online auctions: To register for an online auction, you need to register through the auction house website, creating your own account and providing the required documentation (identification and bank details)

The difference between a traditional and an online auction is represented by the negotiations that take place virtually and by the possibility of monitoring prices already in the pre-auction phase. In fact, the current bid appears next to the lots, or the highest bid received for each work.

Online-only auctions are generally dedicated to multiples or lots of smaller value.

Even on online portals it is possible to insert an offer by proxy (or absentee bid), through which the auctioneer can make offers on behalf of absent people. In this case, the system automatically generates raises every time an offer is made by another user, until the maximum amount indicated is reached. If the maximum bid is exceeded, the user will receive notification from the system to re-launch or set a new limit for automatic bidding.

Attention to the Buyer’s Premium, commission rates applied to the buyer in addition to the hammer price. Each auction house applies different commission percentages based on locations and cost ranges.

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Today online sales are proving to be an important tool for expanding their collection of collectors and among the strategic choices there is the one made by Sotheby’s which, in exclusively online auctions, has chosen to eliminate the sales commissions on the purchased lots from the buyer and establish for the seller a 10% commission to decrease.

A new competitive landscape to explore.

Are you ready to participate in online auctions?