What is the method of sale for the artwork?
All artwork will be assigned a fixed price that is based upon fair market value. Buyers will be selected through a lottery system in which interested parties place their ballot in a box assigned to their piece of choice. The lottery will end at 9:00 p.m., and docents will draw names from the ballot boxes. Names for each piece of artwork will be posted next to that piece in the order in which they were drawn. The person whose name is first on a list is obligated to purchase that piece. If, however, a single collector is the winning bidder on more than one piece, he or she will have the right to refuse the purchase of all but one piece. When a piece of artwork is refused, it will go to the person whose name is listed second. Those rules will apply until there is a confirmed buyer.
Related Questions
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