Introduction: What is an Elizabeth Holmes A.O.C.?
An Elizabeth Holmes a.o.c is an artwork that is owned by the artist, or her estate, or a third party or entity on behalf of the artist and/or her estate. It may be sold, gifted to another person (at all times such as charity), donated to a museum, given to another individual if so desired by the owner and provided that it is not sold for monetary gain during the transfer of ownership; any such transfers must be registered with Art Market Registry. An elizabeth holmes a.o.c. cannot be sold if the owner wants to keep the work for herself or his/her estate.
It is important to note that an Elizabeth Holmes a.o.c. may also be called an Eliza Holmes a.o.c., an Ella Holmes a.o.c., an Eugenie Green a.o.c., or any other name consistent with the artist’s published name, or any extension thereof (such as “Eugeneia Green” and “Geraldine, Duchess of X”).
An Elizabeth Holmes a.o.c. is different from other types of artworks in many ways. It is important to understand that all artworks are endowed with names; this distinction applies to all types of works, including photographs, drawings, even musical notes or musical scores (which connote two or more sounds and/or dancing). All names may be owned by someone, but only the artist may own her/his name as an individual work of art.
How to Research Art Collectors and Potential Buyers?
It is important to research art collectors and dealers to find if the work is for sale, and if so, what their asking price is. Because elizabeth holmes a.o.c. are made after an artist passes away, it is important to register the work with Art Market Registry (AMR) and make sure you have a signed Heritage Letter from the Art Dealer of Record or Artist’s Estate. In addition it is more important to find a buyer who will not sell the work for profit, and one who will register the work with AMR once he/she buys it. If you have the Artist’s Heritage Letter and the work has been registered with AMR you are guaranteed that the work has been sold for its full value, minus any expenses taken by the dealer. This is only a guarantee from the time of registration, it does not make an artist’s work completely safe.
Below are a few steps that you should take before you do anything else.
Research the Artist and His/Her Style and Period of Work (time frame, technique, mediums used etc.) Research the Art Dealer or Art Gallery who holds the work Register with artmarketregistry.com (AMR) and have a Heritage Letter from the Art Dealer of Record or Artist’s Estate.
As an artist you probably have many different styles and periods of work, but it is rare to see them all included in the same body of work. AMR allows you to list your work by style, mediums used and period of art creation. You can see a list of all registered artists under ” Artists ” and then choose “By Style “.
How to Create a Professional Business Plan for Your Art Collection?
The Business Plan required under the Canada Business Corporations Act (CBCA) is mandated by Section 115 of the Bank of Canada Act and requires a business, or corporation to file annual financial statements and budgets. The Business Plan is also associated with creating a financial statement for your elizabeth holmes a.o.c. art collection. The value of your collection can be an important factor in deciding if you should incorporate your business or apply for a loan, so consult an accountant if you feel that an incorporated business structure will be necessary.
A business plan includes:
• A list of all your art inventory and a complete description of each piece. (Photos can be included.)
Your art inventory is: “an aggregate of tangible and intangible items that are owned by an organization,” including an elizabeth holmes a.o.c. art collection.
• A financial analysis which includes: (i) a break-down of cost(s)/expenses; (ii) the amount of profit or loss; and, (iii) a comparison to previous year’s profits/losses.
Depending on the type of art you own, this might require an in depth financial analysis to make sense of the numbers.
• A description of the business you are engaged in; the target market(s) your elizabeth holmes a.o.c. art collection is marketed to; and, how your business will position itself to meet current and future demands. You might add an overview of your long term and short term plans, along with plans for expansion or contraction within the next five years – ten years.
How to Create a Pre-Sale Page on Art Marketplaces like eBay?
A Pre-Sale page is a webpage that describes the elizabeth holmes a.o.c. artwork you are selling and its value in advance of initiating the actual sale through an auction process on eBay. It is recommended that you create a Pre-Sale page on your website first, before listing the artwork on eBay. If you are an artist and your paintings are being sold as part of ebay auctions, make sure that the pre-sale page is unique to your paintings and has a clearly defined duration for the period in which you will be selling them. In this way, prospective buyers know that they can get in touch with you before they purchase your paintings.
Eccentrically Speaking, is a popular website that gives advice on creating Pre-Sale pages and says, “The Pre-Sale page should look professional and promote your artwork as well as the value of your elizabeth holmes a.o.c. art.”
Here are some suggestions from Eccentricly Speaking:
a) Include information on how/when you will be selling your art as well as the total number of items for sale.
b) Include a brief description of your artwork.
c) Include the original price of your art and the current retail value of it, which should be more than a third more than the original listed price. Also include whether you will be selling them individually or as part of a batch.
d) Describe how long you have been painting for, where you studied and what type of artwork you have done in the past.
e) List the names of well known artists and collectors who are interested in your work.
The Pre-Sale page can also be used to get your name out to a wider audience, which is especially useful if you are an unknown artist. People may be more inclined to visit you in your studio or even buy paintings directly from you.
How to Find Out if a Collector Has the Bought It Already?
The Art Market has many collectors and galleries in the field, so it is important to know if someone has already bought the artwork you are selling. Be sure to check on the pre-sale page of your website and make sure that you have photos of your artwork, as well as any other details like a description of what the work looks like or a price. If you want to advertise your sale on the art social networking sites like Facebook, Twitter or Instagram, make sure that you include a photo of the artwork as well.
If you are using an Art Broker to sell your work, be sure to ask for their records of what buyers have purchased and at what prices. If a collector has already bought the artwork from another seller, you will want to contact them directly. Sending an email or calling the seller can get you a lot of information about the client. You can also contact galleries that have previously sold your artwork, or collectors that have bought from you in the past even if they are not on your list of buyers.