Q. Please tell us about the lineup of works you handle.
A. We mainly work with contemporary and modern art from the 20th century onward.
In addition to paintings, we also handle photographs, prints, sculptures, ceramics, wine, furniture, etc. Please feel free to inquire.
Q. How is the appraisal process carried out?
A. Based on the information you send us about the work, our professional staff will make a comprehensive judgment according to the latest market prices and the rarity of the work.
We will then present you with a tentative estimate, a reserve price, and a listing fee.
If you accept our offer, we will take custody of the work, inspect the original, and determine the final terms of the sale.
The valuation is not intended to determine the value of the work, and it may not be used or disclosed to the owner or any third party for any purpose other than to consider the work for sale.
Q. What is an estimate?
A. It is the amount of money (upper and lower limits) that We deems appropriate based on the market price of the work, etc., and will be stated in the catalog for the reference to Prospective Buyers, etc.
The auctioneer will determine the first bidding price at his/her own discretion, but it is common to start at a price slightly below the lower limit of the same amount.
Q. What is the Reserve Price?
A. It is an amount of money set as the lower limit of the sales price. When a Reserve Price is set in a sales consignment agreement, unless otherwise agreed upon between SBI Art Auction and the customer, we will not sell the work for less than the Reserve Price.
We do not disclose the Reserve Price.
Q. Is the valuation free of charge?
A. Yes, we offer free valuation for works to be sold at the auction.
Q. I am an artist. Can I request a valuation of my own work?
A. No, we do not accept requests from artists themselves.
Q. How long does it take to receive a valuation result?
A. We will inform you of the result in about one week (about two weeks before and after the auction).
Q. Is there any size or format specification for images to be attached to the Estimate Request Form?
A. Please upload image data up to 6MB per file, and the image format should be jpg, png, gif, or pdf.
Q. What should I do if I have a large number of works that I would like to request for valuation?
A. You can attach up to 5 images to the Estimate Request Form.
If you have more than 5 images, please submit them in multiple sessions or send the images and list of works to the following email address.
Email: artauction@sbigroup.co.jp
Q. Can I bring my work to be valuated on the spot?
A. We ask that you use the Estimate Request Form, as we need to do some preliminary research.
If you have special circumstances, please contact us by phone or email.
Q. Do I have to put the work I have requested for valuation on the auction?
A. No, it is not necessary. Please let us know your intention to sell the work after confirming the tentative estimated price, etc. that we present to you.
Q. Can I request a valuation of a work that I do not own?
A. No. We cannot valuate works that are not owned by the client.
Q. Do I need to have the authenticity of the work verified before requesting a valuation?
A. No, you do not need to have an apprisal before requesting a valuation. If you already have a documented authenticity report, please attach it to the Estimate Request Form.
Q. Can you appraise the authenticity of a work?
A. We do not provide appraisal services for works.
If an appraisal is required for a piece to be listed, we may inquire with an appraiser and complete the necessary procedures on your behalf.
Q. Can you restore my work?
A. We do not offer restoration services.
If a work requires restoration before being listed, we may contact a restorer and follow the necessary procedures on your behalf.
Q. By when do I need to deposit my items for sale?
A. Please check the deadline set for each sale.
Calendar
Q. How should I deposit my work?
A. Please use one of the following methods.
① Bringing in your work
② Transportation
Customers are responsible for transportation and customs clearance fees.
Please feel free to contact us for a quote and transportation arrangements.
【Location of the work to be brought in】
6F, TFT Build. East Wing, 3-6-11 Ariake, Koto-ku, Tokyo 135-0063, Japan
SBI Art Auction Co., Ltd.
※ The method of depositing wine is different. Please contact us for details.
