This form is a Consignment Agreement. The consignor agrees to deliver to the consignee certain property for the purpose of conducting a sale of the property. The form must be signed in the presence of a notary public.
Consignment Agreement For Art In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00461
Format:
Word;
Rich Text
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FAQ
'Consigning' an artwork means to give it to a gallery or auction house to sell on your behalf. Traditionally, consignments involve sending the artwork away to the seller for the duration of the consignment period.
Some types of product are commonly sold through consignment. These include clothing, athletic equipment, furniture, musical instruments, art, and jewelry. For example, an artist might have five large pieces of artwork to sell but has no place to showcase the work for prospective buyers.
What is artwork consignment, exactly? Put simply, it's the professional method for reselling art that involves a collector giving their work to resale art dealers or auction houses to sell on their behalf, with the ultimate objective of making a sale.
Art consignment: 13 important tips (and the right questions to ask) Attend a few sales. Before you enter a consignment agreement, document. Know the season you're selling in, and sell what's in demand. Choose an auction house: ask key questions. Follow drop-off rules. Ask about reserve prices.
Art consignment: 13 important tips (and the right questions to ask) Attend a few sales. Before you enter a consignment agreement, document. Know the season you're selling in, and sell what's in demand. Choose an auction house: ask key questions. Follow drop-off rules. Ask about reserve prices.
Consignment Agreement. Consignment is a more accurate term than 'sale or return', because it makes dear to both sides that the artist does not intend to sell the works to the gallery at any stage, but merely intends to leave them for sale by the gallery as artist's agent or consignee on a commission basis.
To consign is to 'deliver something to someone'. In terms of art, it's when the owner of the artwork - the consigner - consigns (gives) their artwork to a gallery or auction house via a specialist, with the intention of putting the work up for sale.
Other Potential Consignment Percentages and Fees While 60/40 is a common consignment split, you may come across other arrangements - some that work in your favor and some that work against you. Some craft artists negotiate a 70/30 split (70% for the craft artist and 30% for the retailer).
Here are the essential components to include: Parties Involved: Names and contact information of the consignor and the consignee. Consigned Goods: Detailed description of the goods being consigned, including quantities and specifications. Consignment Period: Duration of the consignment arrangement.
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How do I fill this out? A consignment agreement is a comprehensive and formal agreement between a consigning artist and a gallery that is representing their work.The artist should fill out form in triplicate. Keep one copy for the artist's records. Artist shall consign to PACE, and PACE shall accept consignment of, all Works of Art described in the Record of Consignment, for the full term of the agreement. Learn how to start your own arts and crafts business from a professional artist. An Art Consignment Form outlines the terms between an artist and a gallery, dealer, or collector for the display and sale of artwork. All works of the Artist are displayed at The Gallery on a consignment basis and remain the sole property of the Artist until sold. A consignment report, or consignment sheet, is a formalized agreement between artists and galleries. The artist agrees to offer and provide the gallery artworks—in property belonging to the artist—as mentioned in (ii) Checklist for sale on a consignment basis.