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Have you ever wanted to participate in an online art auction? If the thrill of bidding and engaging in counter bids to win your way to a prize piece is calling your name, then these expert tips are for you. From how to find an auction platform to the registration process, strategic moves and budgeting, keep reading to discover the first-timer’s guide to bidding in an online art auction.
Find the Right Platform
Before anything else, it is key to do your research and find an online art bidding platform that you know you can trust. Showcasing the country’s most exciting upcoming talent, Charleston’s Fine Art Auctions offers a premier online bidding experience. With a secure end to end process that prioritises the integrity of artists and the safety of bidders, Charleston’s offers that idyllic combination of security with excitement! Whether you are looking for an entry level piece for the start of your personal portfolio, or you are adding to an already diverse curation of pieces and you want to secure a gem from the Australian art scene, this is the place to do it. Trusted by thousands of bidders, Charleston’s holds regular auctions online in Australia for a fresh and exciting experience every time.
Register and Get Set Up
Once you have decided on the best online art auction for you, it is time to register! Simply sign up online and confirm your account via your inbox to set yourself up for the digital experience of a lifetime. Registration with Charleston’s Fine Art Auctions is simple and speedy, so you’ll be well on your way to your piece in a matter of moments.
Do Your Research
Now that you have registered for an online art auction and your account details are all set up, it is time to take a look at all the incredible pieces on offer. Research the curation of artists listed on your platform of choice and take the time to look into their history, artforms and what previous pieces have sold for to help you build your strategy for your very first bid. Moving into your art auction with a sound strategic understanding of the piece that you are bidding on is the best way to come out on top. A little research goes a long way, so don’t forget to do your homework before entering your first art auction.
Set Your Budget
Next – numbers. Setting a budget is one of the best ways to ensure that your bidding process is as seamless as possible. Decide on a starting bid and do not forget to factor in natural fluctuations that will occur during the bidding process. A great tip is to set a ceiling number that you are willing to bid to guide your movements during the auction. You should also keep the shipping and potential duty costs in mind when you are setting your budget should you come out on top!
Follow these tips to excel at your first ever online art auction.
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