art auction
Bidding for paintings
An art auction is a sale where artworks are sold to the highest bidder, typically conducted by auction houses like Christie's or Sotheby's.
Bidders compete in real time, with prices rising until no one offers more.
Art auctions set public records for what collectors will pay and often determine an artist's market value: The painting sold for twelve million at auction.
- bidOffer to purchase
- going onceAuctioneer's initial announcement
- gavelSmall ceremonial hammer
- paddleFlat-bladed water tool
- Sotheby'sMajor fine art auctioneer
Christie's · lot · lot number · hammer · hammer price · estimate · reserve · fair market value · collector · private collector · masterpiece · canvas · provenance · appraisal · consignment · old masters · catalogue · bidder
- auctionsbidding, bid, bidder, hammer price, gavel
- Art Festivalsbiennial, gallery night, open studio, photography show, sculpture garden
- arts eventsgallery opening, exhibition, museum exhibit, gallery show, group show
- charity eventsfundraiser, benefit concert, charity gala, benefit dinner, telethon
- luxuryluxury, wealth, luxurious, opulent, opulence
- art businessgalleries, collectors, collector, dealers, pricing
art auctionprivate sale
Transaction without public offering
gift · inheritance · barter · art commission · estate sale
art auctionpermanent collection
Institution's owned artworks
art conservation · art preservation · museum exhibition · private collection
art auctionpublic museum
Publicly accessible artifact collection
art exhibition · open studio · art museum · street art · art education
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