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Sell Art Terms of Use

By accepting these terms of use you agree to the following:

1. Artists
   1. Authentic artworks by one of the following eligible artists at a market value of above £1,500
      1. 1. Banksy
            
         2. Bridget Riley
            
         3. Damien Hirst
            
         4. David Hockney
            
         5. David Shrigley
            
         6. Grayson Perry
            
         7. Harland Miller
            
         8. Invader
            
         9. Jean-Michel Basquiat
            
         10. José Parlá
             
         11. KAWS
             
         12. Keith Haring
             
         13. Tracey Emin
             
         14. Yayoi Kusama
             
         15. Yoshitomo Nara
2. Sales
   1. The seller, you, will agree on an estimated selling price range with the gallery. The gallery will then work to place your piece for the best price possible within that price range. Only if a potential buyer's best offer falls below that price range, will the gallery contact you to discuss the offer. It will then be at your discretion to accept or decline the offer below the agreed price range.
   2. The selling price range is the range which the gallery believes the work will sell within to the buyer. This is not a net figure range for the seller to receive. The gallery will deduct their commission from this selling range.
   3. Upon selling a consigned artwork within the agreed price range, the gallery takes payment from the buyer.
   4. The seller, you, is then notified of the sale.
   5. If the artwork is not already at the gallery, we will request that it be dispatched to us within five days of notification.
   6. Once the work arrives it will be condition checked and then our logistics team will pack to send to the buyer via secure courier.
   7. The buyer receives the artwork and confirms acceptance.
3. Getting Paid
   1. Email through a dated invoice containing your name, address, details of the print, and the amount along with the bank account details.
   2. Full payment minus the gallery commission is then transferred to you, the seller, within 10 days of the purchaser receiving the artwork.
4. Commissions
   1. Current 11th December 2023:
      
      1. For sales under £15,000 = 15%
      2. For sales between £15,000 - 75,000 = 10%
      3. For sales over £75,000 = please enquire
5. Artist Resale Rights

   1. Please note that your artwork may be applicable for the deduction of Artist Resale Rights (ARR) which would be payable to DACS. The higher the sale price of the artwork, the lower the overall royalty rate. The royalty is worked out according to a sliding scale from 4% to 0.25%. A link to the DACS calculator for an accurate quote can be found here.
      

6. Exclusivity
   1. To allow Hang-Up Gallery exclusivity to sell the consigned artwork for a period of 60 days.
   2. To provide the gallery with written notice, at least 14 calendar days prior to the end of the exclusivity period should you wish to cancel otherwise the gallery will assume that the exclusivity period shall renew for a further 60 calendar days (and, if relevant, subsequent 60 calendar day periods) until terminated.Artwork Condition/Inspection
7. 1. Full disclosure is given regarding the condition of the artwork.
   2. Condition issues, such as dinks, corner damage, waves, handling marks, creases, tape marks etc. (particularly with Banksy editions), are likely to affect the value and therefore the price range quoted.
   3. If the artwork you are submitting is framed, we will need confirmation that there is no damage on the reverse of the print or underneath the mount.
   4. The use of non-archival framing materials and non-archival mounts can stain the print and by agreeing to these terms, you warrant that you have checked that this is not the case and/or authorise the gallery to do so.
   5. If you are not able to unframe the work yourself, the gallery offers this service.
   6. If the work is sent to the gallery to fulfil an order and the condition is not as described, you are responsible for payment of any associated costs that may be required from our external conservation team.
8. Shipping
   1. Once a sale is confirmed and If the work is not already at the gallery then it will need to be dispatched to the gallery at Hang-Up Pictures Ltd, 10D Branch Place, Regents Canal, Hoxton, London N1 5PH.
   2. Please ensure it is packed suitably. It must be with us within 5 working days from the time you have been notified that the sale has been completed/or a viewing requested.
   3. It is the seller's responsibility to cover any and all costs relating to packing and shipping the artwork to the gallery. The gallery will then arrange with the buyer the onward shipping needs.
   4. For our overseas vendors, they will be responsible for any and all import fees and any associated taxes.
   5. If we agree to a virtual consignment, we would ask that you send the work's COA to the gallery to secure your consignment with us
9. Returns
   1. The buyer has a seven-day cooling-off period. In the unlikely event that the buyer decides to return the artwork within the seven days then Hang-Up Pictures has no legal obligation to buy the artwork from you, and it may be returned.
   2. Should a sold item be returned to the gallery questioning concerning doubtful authenticity or condition and this is proven to be correct, you agree to reimburse Hang-Up Pictures for the amount you received for the sale of that item. This stipulation of reimbursement is without a time limit.
10. Artwork Authenticity
    1. The artwork is authentic to the best of your knowledge and, where appropriate, has full paperwork confirming the authenticity.
    2. You are the owner, have a good title to, and have the right to sell the artwork.
11. Services
    1. Unframing/Condition Check
       1. Our specialists will remove the artwork from the frame to perform the necessary checks and document each stage of the process. If necessary, it will be sent to our partner conservators to do so. The cost for unframing the artwork to condition check is £75 + VAT.
12. Restoration
    1. We work directly with a conservation studio and in the event that the work needs to be restored, the gallery will organise for the work to be carried out with appropriate transport.
    2. It will be the seller's responsibility to cover any and all costs relating to the restoration and transport. The cost to transport most works between the gallery and the restorers will be £35 +VAT each way.
    3. Please note if the work remains unsold following restoration it will only be released upon payment of the restoration and transport costs.
    4. We do not disclose your details to any third party without your consent and we do not disclose the buyer's details to you without their consent.the owner, have a good title to, and have the right to sell the artwork.
13. Storage

1. Artworks must be collected from the Gallery within 15 working days of notification unless otherwise agreed upon with the gallery in writing.
   
2. The seller will be responsible for ensuring they are receiving emails and communications from the gallery. If the gallery communicates that they wish the seller to collect the work from the gallery, the seller will have 15 working days to collect their piece before storage charges start to be applied. Storage charges will be charged to the consignee at £10 + VAT per day. Once storage charges have begun, the consignee will be liable to pay these before they are able to collect their work. If and when the storage charges equate to the value of the work, the work will become the property of the gallery and will be sold as house property in order for the gallery to recoup its losses.