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Art Auctions for Drawings

Drawings are a different type of art that many people enjoy framing for their walls. While we often imagine art auctions as those offering paintings, art auctions for drawings are very popular with the general public. You can choose from Modern drawings that consist of those from the early part of the 20th century to the mid part of the century to the contemporary drawings that consist of those from 1950 until today.

 

You would be surprised at the number of drawings that are put up for auction but never receive a bid. Simple pen and ink drawings can be purchased for prices much less than you imagine. You have to be able to buy cheap and sell high. This can be something that you can do if you understand about the art world. There are stories of people who have purchased drawings at art auctions for a few hundred dollars and sold them later for thousands of dollars. This happens all of the time, but again, you have to know what you are buying.

There are several different types of drawings that are sold. Some are drawn with pen and ink or charcoal drawings. In addition to purchasing a drawing, you can also purchase the copyright for the drawing. A copyright will give you the opportunity to use the drawings in a variety of different means. You can put them on greeting cards and other prints. Once you own the copyright, you can reprint the drawing as much as you want and use it in any manner that you choose.

Again, know what you like and have an idea of what you want to do with the drawing before you make your purchase. If you like the drawing and can envision it on greeting cards or stationary, others may also feel the same way. You may be able to speculate correctly that you have a good investment.

One caveat when purchasing drawings and art that is made before 1922. Much of artwork that was created before this time lies in the public domain. You should be aware of what you are purchasing and make sure that if you are purchasing a piece of artwork with the design to make it into greeting cards that it is not in the public domain. Once anything is in the public domain, it can be used on anything without any royalties having to be paid. You can have the original drawing, which may be worth some money, but everyone else has the rights to reprint it and use it however they want.

Know what you are buying when you bid for drawings at an art auction. Again, make sure that you enjoy the drawing and that you look forward to having it in your house. Art should never be purchased strictly for investment purposes. It is meant to be enjoyed. Enjoy your drawing and if you can make some money from the artwork, all the better. Pen and ink drawings as well as charcoal drawings can be found at art auctions all over the world. Make sure that you study about both modern and contemporary art before you decide to bid.



 

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Contemporary Art Auctions Headlines

Oliver Stone Sells Chinese Painting at Tepid Hong Kong Art Sale - Bloomberg


3 News NZ

Oliver Stone Sells Chinese Painting at Tepid Hong Kong Art Sale
Bloomberg - 7 hours ago
The exuberance that marked previous years’ auctions in Hong Kong and drove Asian contemporary-art prices to records has dissipated at recent sales. ...
Has the Asian Contemporary Bubble Burst? ARTINFO
Economic downturn affects art auctions in Hong Kong Channel News Asia
Art world eyes upcoming HK sale for clues on price trends AFP
Bloomberg - Bloomberg
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Dubai Provides Iranian Artists a Bridge to the World - New York Times


New York Times

Dubai Provides Iranian Artists a Bridge to the World
New York Times, United States - Nov 30, 2008
At art auctions here over the past two years, some by Christie’s, Iranian artists have found an eager market for their work. For years, “Iranian painters ...
Essay: Spreading the Wealth ARTINFO
all 2 news articles

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The Big Question: Has the bottom dropped out of the contemporary ... - Independent


The Big Question: Has the bottom dropped out of the contemporary ...
Independent, UK - 2 hours ago
Because the art market is showing sure signs of faltering after six years of boom. Sotheby's auction house suffered a near 40 per cent slump in its share ...
Market News: Oliver Stone nets a profit from Chinese art Telegraph.co.uk
Russia still showing signs of life Telegraph.co.uk
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Gallery owners find the landscape mixed - Philadelphia Inquirer


Gallery owners find the landscape mixed
Philadelphia Inquirer, PA - Nov 30, 2008
A recent Freeman auction of modern and contemporary art "was reasonably tough," he said. "Some things that in previous years would have sold struggled a bit ...

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In Faltering Economy, Auction Houses Crash Back to Earth - New York Times


New York Times

In Faltering Economy, Auction Houses Crash Back to Earth
New York Times, United States - Nov 16, 2008
By CAROL VOGEL It was easily the worst two weeks of high-end Impressionist, modern and contemporary art auctions in more than a decade. ...
Contemporary-Art Sale Disappoints at Christie's Washington Post
Christie's New York Auction Sells 68% of Contemporary Artworks Bloomberg
No buyer for a Bacon as New York art sale ends Reuters
Telegraph.co.uk - The Canadian Press
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Art auctions reflect economic collapse - The Star-Ledger - NJ.com


The Star-Ledger - NJ.com

Art auctions reflect economic collapse
The Star-Ledger - NJ.com, NJ - Nov 29, 2008
Depending on the sale or the country you choose to measure it, the prices for Modern and Contemporary art dropped a full one-third to one-half all around ...

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