- Most art organizations have a list of reliable local artists they can ask for donations of artwork. Organizations can decide to give a small percentage of the sales back to the artists or keep the proceeds of the live auction to benefit some part of the organization's operations. A live auction is an exciting and interactive event--make sure the auctioneer is lively and has a fun personality. Ask the artists to estimate the value of the piece and start the bidding accordingly. Do lots of promotion to the target audience before the event; a live auction won't raise funds without bidders.
- Silent auctions are ideal because they don't require an auctioneer; bidders can make their bids in private. One idea for a silent auction is to have a "buy it now" area, where the prices of certain pieces of art are set; buyers who don't want to get into a "bidding war" can immediately buy a piece for the home or office. Make sure the silent auction galleries are displayed attractively and that the bidding cards and information about the artists are displayed clearly.
- Some art galleries or organizations put on a combination silent and live auction, where the big dollar pieces are sold in a live auction and the smaller dollar pieces go in the silent auction. This format offers something for every bidder. Online auctions are another resource. There are many online auction sites--eBay being the most popular--where non-profit organizations can set up a special auction where the proceeds benefit their programming.
