How to Sell at Auction

Just as buying at auction can seem like an intimidating and unknown process, so can selling. However, this is simply a matter of becoming more informed and then making an exciting leap into a whole new world. Selling can be broken down into three main action points: valuation and auction estimate, consigning and selling, and finally auction results and your payment proceeds.

How do I get an auction valuation?

We ask for photos of the object from different angles and a detailed description including a history of any damage, marks or signatures. We will physically need to see the item for further investigation in order to provide the most accurate estimate. A specialized valuation gives an accurate picture of market trends after comprehensively researching recent auction results.

During the valuation process our specialists examine all elements of the piece, considering style, quality, date, complexity, condition, previous ownership, authorship, subject, size and authenticity. They look for comparable works that have sold recently, adjusting the values of the comparables to compensate for differences, and may consult experts like museum curators, artists, gallery personnel, technicians, architects or art historians specializing in a particular period or style. Sometimes technical analysis of paint or canvas, infrared or ultraviolet examination, or x-ray is necessary to answer questions that affect value, and for some works we consult the Art Loss Register and other databases.

How do I consign my collection for auction?

When you’re ready to sell, you sign our consignment contract, which includes our commission rates and the terms of the consignment, and we provide you with a copy. We then catalogue, photograph and market your items in an upcoming auction.

Results and payment

After the auction you receive a statement of results, and your proceeds are paid according to the terms of the consignment contract.

Previously sold at Gray’s

A few results from recent auctions, with our pre-sale estimates.

Fine art

Emile Gruppe, Beach Scene. Est. $2,000–3,000, sold $6,500
Emile Gruppe, Beach Scene. Est. $2,000–3,000, sold $6,500
Henri Matisse, Pour Versailles. Est. $10,000–12,000, sold $8,000
Henri Matisse, Pour Versailles. Est. $10,000–12,000, sold $8,000
Franklin E. Morris, Floral Still Life. Est. $500–700, sold $300
Franklin E. Morris, Floral Still Life. Est. $500–700, sold $300
Gertrude Kay, Mexico. Est. $300–500, sold $150
Gertrude Kay, Mexico. Est. $300–500, sold $150

Jewelry

Gold and diamond ring. Est. $500–700, sold $450
Gold and diamond ring. Est. $500–700, sold $450
Gold, emerald and pearl earrings. Est. $300–500, sold $650
Gold, emerald and pearl earrings. Est. $300–500, sold $650
Yellow gold and morganite ring. Est. $200–400, sold $425
Yellow gold and morganite ring. Est. $200–400, sold $425
White gold and diamond necklace. Est. $800–1,200, sold $1,300
White gold and diamond necklace. Est. $800–1,200, sold $1,300

Antique furniture

Jacobean style wainscot armchairs. Est. $300–500, sold $650
Jacobean style wainscot armchairs. Est. $300–500, sold $650
Continental brass repoussé log box. Est. $300–500, sold $450
Continental brass repoussé log box. Est. $300–500, sold $450
Federal style giltwood mirror. Est. $150–250, sold $140
Federal style giltwood mirror. Est. $150–250, sold $140
Chinese wood seven-panel floor screen. Est. $100–200, sold $70
Chinese wood seven-panel floor screen. Est. $100–200, sold $70

Asian art

Early Thai bronze figure of Buddha. Est. $800–1,200, sold $550
Early Thai bronze figure of Buddha. Est. $800–1,200, sold $550
Japanese woodcuts by various artists. Est. $200–400, sold $100
Japanese woodcuts by various artists. Est. $200–400, sold $100
Large Japanese Satsuma vase. Est. $400–600, sold $1,700
Large Japanese Satsuma vase. Est. $400–600, sold $1,700
Japanese Satsuma pot. Est. $400–600, sold $200
Japanese Satsuma pot. Est. $400–600, sold $200

Vintage items

Bunk Johnson vinyl record. Est. $80–120, sold $30
Bunk Johnson vinyl record. Est. $80–120, sold $30
Henry Amster & Co. hot water dispenser. Est. $80–120, sold $400
Henry Amster & Co. hot water dispenser. Est. $80–120, sold $400
Two vintage German travel posters. Est. $80–120, sold $30
Two vintage German travel posters. Est. $80–120, sold $30
Antique National cash register. Est. $200–400, sold $900
Antique National cash register. Est. $200–400, sold $900