An Illustrated Guide to Auction House Terminology

An Illustrated Guide to Auction House Terminology morgan purje

I just discovered an interesting ‘Illustrated Guide to Auction House Terminology’ (by Tiernan Morgan & Lauren Purje), which might be very helpful for those of you not so familiar with it; you can find it here. Do read ‘Third-party Guarantee’, which has been emerging at African art auctions too lately, and in all likelihood is here to stay.

The Three D’s. Considered to be the three key circumstances from which collectors will consign works to auction.

The Three D’s. Considered to be the three key circumstances from which collectors will consign works to auction.