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Art auctions for drawings are categorized into antique, modern and contemporary. Antique drawings are any drawings that were produced before 1900. Modern drawings have to have been created between 1900 and 1949. Contemporary drawings are drawings that were created from 1950 until the present.

There are a lot of contemporary drawings listed in art auctions that never get a bidder. There are many reasons for this. One of the main reasons is that the starting bid is set so high that it discourages interest. There was an art auction for a drawing that was created in 2000 that depicted James Dean welcoming Elvis Presley into heaven. The starting price for this art auction was twelve million dollars. I am not surprised that it did not get a bidder.

I found another pen and ink drawing in an art auction that was listed for a lot more than it was worth. The original listing started at $825,000.00 and when it didn’t sell, the artist lowered the price to $545,000.00. He offers the copywrite to the design, which he thinks would translate well for prints, posters or greeting cards.

There was an art auction for a drawing that was purchased in 1971 London that did very well. The seller of the drawing inherited it from his grandfather, who was the original owner. He started the bidding at a reasonable $599.00 and the drawing ultimate sold in the art auction for over twelve thousand dollars. He did a great job describing and picturing the drawing.

Antique drawings in art auctions can garner a lot of interest. I saw a drawing of two men in the nude that was drawn in the 1800’s go for more than eleven thousand dollars. This drawing was pen and ink and had a brown wash and traces of charcoal on lines of black pencil.

I was very taken with an antique drawing made by Sir Francis Grant in 1832. The drawing in the art auction was of a woman and her daughter in Scotland. The drawing was a signed original and sold for two thousand dollars. I hope that it ends up framed and hanging in a collection of similar pieces. It was really nice.

Another reason that art auctions for drawings don’t sell is that they are listed in the wrong categories. I found several contemporary pieces that were listed in the antique category. With so much competition in art auctions, it is important to make sure every detail is noticed.

Modern drawings are by far my favorite art auctions. I wanted the stamped Degas I saw up for auction, but it was way out of my budget. I’m sure that the person that ended up with the highest bid at the art auction will love and treasure it.

Well known artist’s drawings can fetch a lot of money in online art auctions. If the title of the art auction contains the words original Picasso, for example, it is sure to go over two thousand dollars. If the item is signed, it can go for much more.

I really liked a drawing I found in an art auction from an artist that I was unfamiliar with. The artist was Patrick Caulfield and he titled his drawing Grapes. He used colored pencils on black paper in the late 1980’s. This drawing sold for the opening bid, $4,250.00.


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At first glance, selling and buying items online would appear to be as easy as sending an email or downloading a song after a few clicks of the mouse. But with the rate at which several online auction and shopping websites pop up and disappear, and the growing number of bidding frauds done online, one can say that online auctions are getting to be risky undertakings.

The popularity of auction and shopping sites trivialized the issue of security against fraudulent transactions. As online companies such as eBay continue to pile up on customer complaints of varying degrees, online sellers, buyers or bidders should enter into online transactions with a discerning eye, and armed with at least the basics of online auctions.

Essentially, there are two parties to an auction. One is the seller, and the other one is the bidder. They come to an agreement as to the purchase of the item involved by one party from another. For the seller, the main motivation is the amount of the maximum winning bid. On the other hand, the bidder's motivation is the item subject of the auction. While it involves different transactions, both are exposed to the risks attendant to online transactions.

Tips For The Seller/Auctioneer

A good auction site must have good traffic, because the wider the user base, the greater chances for the item to be sold. One must also look out for the clear-cut privacy and disputes policies and procedure in case of a botched transaction. Fees and commissions must be laid down in black and white, and it must offer a reliable payment method such as escrow or Paypal. Be professional. From writing a background about your item to doing the sales pitch to interested buyers, make sure that you get your terms and conditions of sale with clarity to avoid misunderstanding. Make yourself available for queries online via Skype, YM, AIM, or YM because people will always transact with people who have good communication lines. After-sales does not mean the end of a sale transaction because a sale is perfected by delivery of the item to the buyer or winning bidder. Follow a closed sale and shipping of items with an email or phone call, or make yourself available for follow-up inquiries.

Tips For The Buyer/Bidder

An online buyer/bidder has more reasons to exercise more caution and proceed with any online sale with greater prudence. The rising number of fraudulent activities in many online businesses is enough reason to be more vigilant and take extra care before we part with our cash or pay with credit or debit card. Always be on the safe side by always checking on the seller's reputation or feedback, which are usually provided by online auction sites. While one cannot be sure if your bid price is the right price, at least have an idea on how much is the going rate for the item that you're bidding for. You can do this by checking out final winning bids for similar items in other auction sites. Do not hesitate to call or email the seller if you have queries. Make sure that the seller is giving sufficient information about the item being auctioned. One indication that the seller is hiding something is when the information is given in deceptive or confusing language or in very small prints. Last but not the least; do not just cast aside your second thoughts. If you sense something dubious, don't waste another second on it.

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Have you ever wondered what exactly is up with auctions? Want a simple explanation? This informative report provides the most basic - simple to understand - information available on auctions.

If you don't have accurate details regarding auctions, then you might make a bad choice when bidding in one. Don't let that happen to you: keep reading.

The most basic explanation is an auction is the process of buying and selling items by offering them up for bid, taking bids, and then selling the item to the highest bidder. Auctions are also used for determining the value of an item.

Auctions can be setup with/without reserve or minimum, or as abolute.

Reserve auctions generally have a minimum bid or reserve price. If the bidding does not reach the minimum, there is no sale. Although the seller may still owe the auctioneer their fee.

In absolute or no reserve auctions, the sale is guaranteed, with only the price left to be determined. In the context of auctions, a bid is an offered price.

Almost anything can be sold at an auction. Some typical items sold at auctions are:

Antiques - The antique business, where besides being an opportunity for trade they also serve as social occasions and entertainment in the sale of collectibles such as stamps, coins, classic cars and fine art.

Luxury Real Estate - Luxury real estate sale includes all types of real property such as residential and commercial real estate, farms, vacant lots and land.

Other items sold at auctions include:

* Spectrum, where companies purchase licenses to use portions of the electromagnetic spectrum for communications (ie. for cell phone networks).

* Timber, where companies purchase licenses to log on government land.

* Electricity, where large-scale generators and consumers of electricity bid on generating contracts.

* Environmental, where companies bid for licenses to avoid being required to decrease their environmental impact.

* Debt auctions, in which governments sell debt instruments, such as bonds, to investors. This type of auction is usually sealed and the uniform price paid by the investors is typically the best non-winning bid.

Lets not forget about police auctions, insurance auctions and used car auctions which are very popular. Internet auctions are also hot. The world's largest auction site is eBay. eBay is the source of millions of dollars worth of profits made from todays most popular auction.

There's a lot to understand about auctions. We were able to provide you with some basic facts above, but there is still plenty more to learn about auctions.

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