How to Sell
Regardless of where you live Indigo Art Auctions's services extend across India & beyond.
How do I get Indigo Art Auction to value my items for auction?
Regardless of where you live Indigo Art Auctions's services extend across India & beyond, location is not a problem. The first step to selling through Indigo Art is to obtain a valuation.
We are happy to provide valuations for items in all the categories covered by our various departments page
Auction valuations are free and can be obtained in the following ways…
1. You can email us a description and/or image…
Our auctioneers are able to accurately assess and value items by email provided a clear image/s had been sent. Email us at: valuation@indigoartauctions.in
2. You can post us a description and photograph…
Post us the descriptions & photographs of the item and send in your valuation request to the our saleroom or office, who will then contact you.
3. Bring your property for valuation to our office…
Although we are able to estimate the value of your property from photographs and descriptions, and this is a good starting point, but a more accurate valuation requires seeing the object first hand. We recmond you bring the item to our office. We only meet by appointments so please contact us by email or call us to book an appintment.
4. If your property is too large to bring in for valuation…
We can arrange for an auctioneer to make a convenient ‘house visit’ to assess items that are too large to bring in for valuation. Please contact us and we will be happy to schedule an appointment to come and value property that you wish to enter for auction.
What happens after I have decided I would like Indigo Art to sell my property?
After you have had your items valued and decided you wish sell your property, you need to enter your items into auction….
From valuation to entering my property into an auction…
Once we have discussed your requirements with you and inspected your property you are considering selling, we will give you a written estimate of what the item(s) are likely to realise at auction and will advise you of the most appropriate sale.
Transporting your property to the saleroom…
The property that you wish to sell should be delivered to the Indigo Art's office – this will be advised at point of valuation/contact. If you are unable to deliver your items personally, at your own cost, We can organise carriage on your behalf.
This will usually be arranged through our ‘in house’ professional collection service – please ask for further details / a quotation. If you are consigning goods from overseas, at your own cost, international shipping agents can be recommended N.B charges and GST / import duty may apply.
Receipt for auction consignment …
When you have consigned your goods for auction with Indigo Art Auctions, our auctioneers will discuss your sale requirements with you and record these on a written Receipt Form. This document is confirmation of your instruction for us to sell your items. It is your contract with Indigo Art Auctions and your receipt for the property you have consigned.
N.B. This form also specifies our outline conditions of business full conditions of sale are available on request.
Agreeing sale terms and reserve sale price…
We shall issue a Receipt Form, which includes details of the agreement about the price at which you will be prepared to sell each item. Auctioneers will gladly recommend appropriate options for your consideration, which include:
Agreed reserve. The auctioneer will recommend a reserve to ensure the item/s will not be sold for less than one bid below the agreed reserve.
Discretionary reserve. The item will be sold at a price which is at the discretion of the auctioneer. This means you are giving permission for your goods to be sold at typically 10% – 20% below an agreed figure.
Wide Discretionary reserve. The item will be sold at a price which is at the discretion of the auctioneer. This means you are giving permission for your goods to be sold at typically 30% – 40% below the agreed figure.
No reserve / sell. With your permission, your property will be sold for the highest bid received, with no minimum price specified.
We treats your sale instructions with complete confidentiality; they are never discussed with anyone other than you or your authorised representatives.
What happens after the auction has taken place?
Getting paid and receiving payment….
After your goods have sold successfully, you will be sent an emailed or posted sale result notification a few days after the auction, listing the individual lot(s) and the price realised for each item. If you wish to know the outcome on the day, you are welcome to telephone the saleroom about an hour after the end of the auction or alternatively you can view the results on the website within 20 minutes of the lot selling.
Payment is normally made by bank transfer 35 days after the sale date (providing we have received full payment from the buyer for that lot). You will also receive a settlement statement detailing the charges which have been incurred. All relevant charges are normally deducted before your settlement payment is prepared and dispatched.
Should you request a cheque, any charges associated with the payment will be at your cost. Weekly sales are paid out within 21 days of the auction (providing we have received full payment from the buyer for that lot) – you will be sent a statement and bank transfer at the same time.
Items failing to sell at auction…
You will be charged an unsold fee. There may be other additional charges such as an illustration fee, see above.
Following a sale if you have any unsold lots the auctioneers will write to you and recommend that either the lot is re-offered at a lower reserve (generally 30-50% lower) or that you collect the item. You, the vendor, are then responsible for collecting your property from our office or it shall be delivered to you on your instructions and cost.