Empowering artists and their galleries
A
rtist’s Choice, a new charitably-oriented primary market auction, aligns interests with artists and their galleries by earmarking a fixed percentage of the hammer price to be donated to an institution, charity, or cause selected by the artist. Putt🎉ing the agency back in the hands of artists and galleries, this initiative empowers artists to take a direct role in shaping their market while at the same time offering an innovative new framework for supporting causes that matter to them — from their participation in museum exhibitions or biennials, to artist residencies, charities and beyond.
How it Works
- Donation: For Artist’s Choice lots, a total amount equal to 15% of the hammer price will be donated to an institution, charity, or cause of the artist’s choosing. Upon sale of the lot , the artist will direct a portion of their hammer price in an amount equal to 7.5%, to be donated to their selected beneficiary. Sotheby’s will match their donation out of its Buyer’s Premium. The full value of the donation — 15% of the hammer price — will be made directly to the selected beneficiary by the artist.
Beneficiary: After launching as a part of the Contemporary Curated sale in September 2022, this exciting new concept will be integrated into live and digital auctions year-round, providing numerous opportunities to support and grow artists’ markets while providing a critical path to support institutions, charities, and causes that matter to the artists. Appointed beneficiaries can include international 🎃institutions, charities, or causes.
Please click here to learn more about Artist’s Choice.
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If you are interested in participating in a future edition of Artist’s Choice, please reach out to us at gds@laitexier.com.
Upcoming Artist's Choice Auctions
Featured Lots
Featured Artists
Contacts
