Art Auction FAQs

What is Artsy?

Artsy is the world’s largest and fastest growing marketplace for buying and selling art, with the world’s largest database of contemporary art. The museum’s auction is powered by Artsy, enabling art lovers from around the world to view and bid online. Learn more about Artsy.

How do I register on Artsy?

It’s only a 20-second registration process.

Simply download the Artsy app or visit Artsy.net and click on “Sign Up.”

Visit artsy.net/lagunaartmuseum or click on “Auctions” to navigate the online gallery.

Click on “Register to Bid” and enter your contact and payment information. If you win, your card will be charged.

Is registering with Artsy free?

Yes!

How do I bid on Artsy?

Bidding is easy with Artsy’s automatic bidding system. Select your bid amount as long as it is greater than or equal to the next minimum bid shown on the bidding screen, then click the “Bid” button. This will automatically place a bid for you at the next increment and save the amount you entered (if higher) as your “Maximum Bid.”

What is a Maximum bid?
If you enter a bid amount higher than the next minimum bid, the amount you enter is treated as your “Maximum Bid.” Entering a Maximum Bid does not necessarily mean you will pay that price, and you may pay less. Artsy’s system will bid automatically for you against other bidders during the auction, according to our automatic bidding increments up to (but not exceeding) your Maximum Bid, as much as necessary to maintain your position as highest bidder. If two bidders attempt to enter the same Maximum Bid, the first bidder to enter that amount will be the winner.

Can I bid without visiting the museum?

Yes! You can bid on your computer or mobile device. Artsy representatives can also bid for you over the phone.

How will I know if I have been outbid?

Artsy will send you a text message and email when you are outbid.

When does the auction close?

The auction closes at 12:00 p.m. (noon) PST on Saturday, February 6, 2021.

Can I have my art shipped?

The museum will not be responsible for the shipping of any art purchased at the auction. Shipping is the responsibility of the buyer. Sales tax adjustments for artwork to be shipped out of state will be considered beginning on Monday, February 8, only for those items detailed on a shipper’s invoice (such as DHL, Federal Express, UPS, etc.).

Where applicable, winners agree to pay for shipping costs of items such as shipping, handling, packing, tariffs, insurance, carrier fees, customs, duties, or any other costs related to shipping the art to the winner.

Laguna Art Museum encourages buyers to pick-up purchased art in person at the museum beginning on Monday, February 8, from 11:00 a.m. to 5:00 p.m.

If you are a winning bidder, please complete the payment process through Artsy before reaching out to Sara Gale, Membership and Events Manager, at 949.494.8971 x219 or sgale@lagunaartmuseum.org to schedule your pick up appointment.

Will I be able to pick up my art at the museum after the auction closes?

Yes, beginning Monday, February 8, you can pick up your art by appointment. If you are a winning bidder, please complete the payment process through Artsy before reaching out to Sara Gale, Membership and Events Manager, at 949.494.8971 x219 or sgale@lagunaartmuseum.org to schedule your pick up appointment.

General Procedures

• All property is sold “as is” (as exhibited).
• Purchase of any artwork(s) does not transfer copyright.
• All sales are final. No purchase can be returned or exchanged.
• Payment for all items is required through Artsy before items can be picked up or shipped.
• As a user of the Artsy platform, please review their terms and conditions, found here:
artsy.net/terms
artsy.net/conditions-of-sale
artsy.net/privacy
• In the event of a dispute, an Artsy official shall act as the final authority.
• Items purchased will be released upon presentation of an Artsy payment receipt.
• Buyers are encouraged to pick-up purchased art in person at the museum beginning on Monday, February 8, from 11:00 a.m. to 5:00 p.m.
• If you are a winning bidder, please complete the payment process through Artsy before reaching out to Sara Gale, Membership and Events Manager, at 949.494.8971 x219 or sgale@lagunaartmuseum.org to schedule your pick up appointment.
• Sales tax of 7.75% will be charged on all purchases.
• Bids are final and non-retractable.
• The museum will not be responsible for the shipping of any artwork(s) purchased at the auction. Shipping is the responsibility of the buyer. Sales tax adjustments for artwork to be shipped out of state will be considered beginning on Monday, February 8, only for those items detailed on a shipper’s invoice (such as DHL, Federal Express, UPS, etc.).
• Where applicable, winners agree to pay for shipping costs of items such as shipping, handling, packing, tariffs, insurance, carrier fees, customs, duties, or any other costs related to shipping the art to the winner.
• If you are purchasing artwork for resale, you will need to provide the museum with a copy of your seller’s permit. Sales tax adjustments for artwork purchased for resale will be considered beginning on Monday, February 18, after presentation of a valid seller’s permit.

Auction Procedures

• Auction items will be on view at Laguna Art Museum from Monday, January 11, at 11:00 a.m. until Saturday, February 6, at 5:00 p.m.
• Bidding on Artsy will begin on Tuesday, January 12, at 11:00 a.m. and will close on Saturday, February 6, at 12:00 p.m.
• Auction items will be posted on Artsy until closing on Saturday, February 6, at 12:00 p.m. To make a bid, please complete all information requested on the Artsy website or app, adhering to the established increments. The highest bid at the time of closing will constitute the winning bid.
• Auction bidding will begin with the minimum bid amount posted on Artsy. Each bid thereafter must exceed the previous amount in the increment posted on Artsy. There will be no exceptions. If at any time during the auction a bid does not comply with the established incremental amount, Laguna Art Museum reserves the right to adjust the bid accordingly.
• You understand that if your bid is successful, you will be obligated to pay the purchase price, which will be the sum of the final bid plus 7.75% sales tax.

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