Saturday, May 17, 2014

Ethics Guiding An Art Auction Fundraiser

By Minnie Whitley


There are a number of ways through which fund can be raised so as to meet a specific objective. Planning an art auction fundraiser is a suitable manner for raising funds. In such an auction the artist donate their pieces of artwork which are then presented to the bidders at various bid prices. This way of raising fund has been noted to be very productive and it also accrues a lot of benefits with it. The artworks donors benefit from directly publicity that is accorded to them. The buyers get quality pieces of art work and finally the ultimate objective of the fundraiser is met.

It takes the efforts of the bidders, artists and the organizing committee to benefit effectively from such an auction. The process mostly follows these steps; setting of a venue, acquiring of artwork pieces, production of an item list, production of the buyers list, printing of the biding sheets and finally setting a date for auction.

When one is organizing this kind of an event then he or she should consider some elements first. These factors are basically known as the principles to be followed while setting up a fund raiser. In this list contains; Information the artists; artists must be told of the profit they are going to get, which is primarily the publicity. Also publishing guidelines which are used to guide the art donation process is essential, this is followed by the establishment of an updated catalogue carrying the information on artists plus that of their artworks.

The attainment of a suitable venue is very essential and the sitting order should be done in a manner that the most influential bidders make it to the best seats. The organizers are required to employ the services of experienced auctioneers who are sufficiently informed about auction fundraising. This ensures that the bidders make high bids as a result of humor of these auctioneers.

How the display is another key aspect each piece should be significantly placed. It is at times said that the better the way in which the artwork fits the surrounding then the higher bidders will tend to bid on it. One has to make sure that the bidders can access the information about artists that they are willing to bid on their work this promotes the bidders comfort and hence they can make higher bids.

However there are some things that should be avoided while setting an auction. Initially, artists are warned against overstating the worth of their artworks; they are expected to provide the normal prices in which they sale their artworks. Secondly the organizer is warned against hiring non eloquent auctioneers who in turn lack a sense of humor. Auctioneers are expected to use short statements but attractive ones.

Artists are advised not to donate pieces of artwork that they are tired with. This so because well informed bidders can always know when the piece of artwork is there to be disposed or the artist is proudly presenting it for the auction, hence while donating the artist is always expected to take the objectives of this fundraising at heart.

In short fundraisers are excellent ways for acquiring money. They are very beneficial to the involved parties and they should be guided by some principles which ensure that everyone enjoys a great time and its goals are realized.




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