Larsen Gallery owner provides tips on bidding at auctions

Just in time for the 2015 Larsen Art Auction, Larsen Gallery is offering a 101 guide to bidding and securing that one-of-a-kind work of art.

(Submitted photo)

(Submitted photo)

The Larsen Art Auction will be held on Saturday, Oct. 24 beginning at 10 a.m. at WestWorld of Scottsdale. The auction is part of the Bentley Scottsdale Polo Championships: Horses & Horsepower and is free with a general admission ticket to The Polo Party. Registration with the Larsen Art Auction is required to bid, however, according to a press release.

“The first step to becoming a seasoned auction goer is learning about the lots for sale,” stated Scott Larsen, owner of Larsen Art Auction, in the release. “Prospective bidders can view all of our artwork or lots for sale online, in the auction catalogue or in person prior to or the day of the auction.”

The auction catalog is where prospective bidders can see the estimates on each lot for sale, according to the release. This provides them with an important preliminary guide to the value of each piece. Larsen also welcomes registered bidders to come view the artwork at Larsen Gallery in Old Town Scottsdale, from Oct. 1-21.

All participants are encouraged to register prior to the day of the event, according to the release. Registering to bid entails reading the Terms and Conditions of Sale of the auction and completing a simple form. The Terms and Conditions of Sale provide important information such as the buyer’s premium, disclaimers, payment policies and guidelines for shipping and picking up artwork.

Registered bidders will also receive an invitation to attend a private VIP viewing party ahead the auction, according to the release. Register to bid now at larsenartauction.com.

With the auction starting at 11 a.m. Mr. Larsen recommends arriving early in order to get all settled in before the fun begins.

“Registered bidders will check in and be issued a paddle with a bidder number. During the auction, bidders will experience the exciting buzz, drama and the fast paced atmosphere that are synonymous with a live auction,” stated Mr. Larsen in the release. “The auctioneer will lead the sale and take bids following the bid increments for each lot offered.”

To place a bid, simply raise that paddle high until acknowledged by the auctioneer or his associates known as “ringmen.” When a lot is sold, the auctioneer will strike his hammer stating the winning bid amount and the paddle number of the winning bidder, according to the release.

The Larsen Gallery is located at 3705 N. Bishop Lane in Scottsdale. To get more information or to register to bid for the 2015 Larsen Art Auction visit the auction’s website at larsenartauction.com or contact the gallery at 480-941-0900.

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