There are three initial steps that must be completed before HLFA will consider representing a work of art for Secondary Market sale (consignment):
Establishing and/or determining ownership
Determining and documenting authenticity (Certificate of Authenticity)
Establishing current market value with a fine art appraisal
Establishing ownership of the artwork is up to the purported owner. In most cases, the purchaser will have a sales receipt. If not, it will have to be otherwise proved to HLFA that the artwork is indeed owned by the prospective consignor before an artwork will be accepted by us for consignment.
Certificate of Authenticity
The fee for executing a Certificate of Authenticity is US$2500.00. (For more than one painting, please inquire about discount.) There may be additional fees depending on the time involved to to locate and document within our archives that the work is an authentic Howard Lamar. We will give you an estimate of this expense and a 50% deposit must be received before HLFA will agree to undertake the production of artwork COA’s. You will be notified when ordered COA’s are completed, and full payment must be received before the documents will be delivered. Please allow 12 – 16 weeks turnaround time after we have received all necessary information.
Fine Art Appraisal
A fine art appraisal must be performed by a disinterested third party who is also not a dealer. We are dealers, and an interested party to both the overall market valuations as well as a to those of specific works we have accepted to consign, HLFA therefore considers it a violation of ethics to state a fair market value to any artwork, pre-consignment, created by Howard Lamar.