Hey guys,
I want to gauge interest in grouping up for a photo snake-draft in the Christie's auction. I didn't want to hijack Jason's thread
here.
How it would work:
A few Net54 members (maybe around 10?) group together to win one of the ~20 photo lots in the upcoming Christie's auction -
such as this lot. I will scan the front and back of each photo, then we establish a draft order and, much like a fantasy draft, we pick photos. Standard snake draft.
So, using the linked lot as an example, there are 64 photos and lets assume (after BP) the hammer price is $7,000. 8 members can pay $875 each and get 8 photos/picks. There are various lots at various price points, but it seems like the average price per photo will hopefully land around $100-175 each.
Next steps, put together a group of participants. Your budget would need to be flexible. Personally, I am trying to operate in the $700-900 range at $100-150 per photo.
Then, we pick a lot(s) to target. Full disclosure, I work for Christie's (I am on their finance team for their real estate group). I can bid, but I may be limited to absentee bidding only (I need to confirm). However, I can potentially inspect the lots we are targeting (anyone who visits the auction house can as well).
Any takers?
1. jhs5120
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