When it works as planned, consign fine art can be an efficient, low-cost way for artists and collectors to sell their artwork. But, when it goes wrong, the consequences can be dire.This link :waddingtons.ca
It is important for anyone who intends to consign their fine art to work with galleries and auction houses that are experienced in selling fine art, have a reputation for fairness and integrity and are licensed to engage in the business of dealing in fine arts. Also, make sure that you understand how a gallery plans to market and promote your work and its terms of sale.
How to Consign Fine Art with Confidence
Also, it is a good idea to have your consignment agreement in writing and dated. In some states, if you deliver your art to a gallery for display and/or sale without a written agreement, it is considered a sales transaction rather than a consignment. If you have a written agreement, the law considers it a consignment and, under New York law for example, it creates a relationship in which the gallery holds title to your work until sold.
Finally, always ask a gallery to quote you an upfront price for your artwork that is based on their experience in selling similar work by other artists. And, always be sure to review those quotes carefully. Be wary of galleries that offer attractive consignment offers that seem too good to be true. They may be trying to take advantage of you and, more importantly, your trust in them.