Private Sales & Art Sourcing

Private sales in Art refer to transactions that occur outside the public auction setting. There can be many advantages to buying or selling privately.
Art Advisors always have a pulse on the market and know where or how to find out where your dream masterpiece is hanging. A particular work or artist you are looking for? An advisor can work through the network of other advisors to find and help make an offer, even if a work isn’t “for sale.”

Selling privately, you can quietly work with advisor to discreetly find a suitable buyer for your painting without “burning it” or exposing it as for sale to the public market. You can usually set your terms, fees and price as everything is negotiable.

Buying privately, you can save on Buyers Premiums from auction houses, and get access to off market exclusive deals.
Here are some key aspects to consider:

Discreet Transactions- Private sales offer confidentiality, allowing buyers and sellers to negotiate terms without public scrutiny.

Negotiation Flexibility - Unlike auctions, private sales allow for direct negotiation on price, terms, and conditions, which can lead to more personalized deals.

Access to Exclusive Works - Many high-value pieces are sold privately, often before they reach the auction stage, giving buyers access to unique opportunities.

Market Expertise- Often facilitated by galleries, dealers, or art advisors, private sales leverage their market knowledge and connections to match buyers and sellers.

Lower Fees- Private sales may incur lower fees compared to auction houses, although this varies depending on the arrangement.

6Provenance and Authenticity Ensuring proper documentation and authentication remains crucial in private sales, just as in auctions.

Overall, private sales can be a strategic avenue for acquiring or selling art, particularly for high-value works.