Thursday, November 3, 2016

Set a Reserve Price for Auctions

Bill Frazier, Montana attorney specializing in artist matters, says in his column "Law and the Art World," in the Fall 2016 State of The Arts: "Do not enter your work in [commercial or charitable] auctions unless you set a reserve price below which the work will not be sold. If the auction objects to your setting a reserve, do not participate in that auction."  --https://art.mt.gov/Portals/27/SOAFall2016issue.pdf

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