For a detailed overview visit our
artist FAQ page.
How does your pricing algorithm work?
For a detailed
explanation visit our artist FAQ page.
What’s the difference between
following and favoriting?
You follow an artist and favorite
individual artworks. Following an artist helps you stay up to date with new
artworks by artists you like, and favoriting artworks lets you keep track of
artworks you’re interested in.
How do resales work?
In Q3, 2023, you will be
able to list any works of art you originally purchased on Curci Art for
resale (secondary market). Resales will be listed at their current estimated
value and appear on the original artist’s page under works for sale
alongside works being sold for the first time (primary market); this will
help maintain your anonymity as well as that of other art collectors. Works
being resold will also appear in the marketplace search results. Moreover,
when viewing works on our platform you will be able to see the entire sales
history of the item.
Do you charge a seller fee for
resales?
If you purchased any works of art on our platform you may resell
them at their current estimated value. For artworks that are
estimated to be $100,000 or less we charge a flat 10% seller fee.
For artworks that are between $100,001 and $1,000,000 we charge a
flat 8% seller fee. For artworks that are more than $1,000,000 we
charge a flat 6% seller fee.
The seller fee comes out of the sale proceeds. Buyers pay for
shipping separately while the seller is responsible for packaging
costs. Curci Art splits the profit from seller fees 50/50 with the
original artist as a royalty after covering the cost of
transactions.
E.g. Artwork is resold for $100,000. Seller keeps $90,000 less
whatever they pay for handling. For example, if the handling cost is
$100 then the seller keeps $89,900.
10% seller fee - 1% bank wire transaction = 9% profit (4.5% for
Curci Art & 4.5% for original artist as a royalty).
$4,500 for Curci Art + $4,500 for artist + $1,000 transaction fee +
$90,000 for seller = $100,000
Can I resell works I obtained outside
of Curci Art on your site?
No, you may only resell
works that you originally purchased on Curci Art. The reason for this is
that we have no means of verifying the authenticity of physical artworks
that were obtained outside our platform. This is in contrast to works that
have only ever been bought and sold on Curci Art, and whose provenance is
clear and undisputed.
If I resell an artwork when do I get
paid?
We will enable resales
in Q3, 2023. Payouts for what you sold during the month will be available on
the 28th. Funds from incomplete artworks ales whose twenty-four (24) hour
cancellation policy has not expired will be available on the next payout
date during the subsequent month.
What payment methods do you accept?
Curci Art uses Stripe to
process payments. We accept most major credit and debit cards as well as
domestic bank wire transfers. See our payment methods page for more
information.
Who pays for transaction fees,
shipping and packaging?
You will pay for shipping costs
separately from the artwork. The artist or seller is solely responsible for
packaging costs. Transaction fees are included in the purchase amount.
Who pays for art critics?
When we enable critiques in Q3,
2023, all art critics on Curci Art will have their education verified before
being allowed to write critiques. Critics will critique individual works of
art for sale on the primary market (not resales) and will be paid a fixed
price per critique. Critique costs will be paid for by the artist.
How will my artwork be shipped?
Currently, the only shipping option we offer is ARTA Self-Ship,
which has 3 delivery speeds (ground, second day air, and next day
air). Later in the year we will incorporate other shipping options
such as: ARTA Parcel, ARTA Select, and ARTA Premium.
For artworks that are shipped via ARTA Self-Ship the artist will
receive an email with instructions on how to pack their artwork as
well as a pre-paid shipping label. The artist will be responsible
for packaging costs.
When will my artwork arrive?
When you buy a work of
art on Curci Art you will receive a confirmation email from us with the
receipt for your purchase. Additionally, you will receive an email from ARTA
(our logistics provider) with the tracking information for your artwork.
Do you have transportation insurance?
Yes, transportation
insurance is included in the shipping & handling cost during checkout.
Do you offer international shipping?
We do not currently offer
international shipping, but plan on doing so in 2024.
What is your return policy?
All artwork sales are considered finalized after twenty-four (24)
hours, and are non-returnable. En lieu of returning an artwork you
can resell it directly on our platform.
Customers are responsible for
paying for return shipping. You will receive a refund after the artist or
seller receives the artwork. Additionally, artworks are to be returned in
their original packaging. For works that arrive damaged the gallery will pay
for return shipping, but you must provide photos of both the product and
packaging.
Can I cancel an order prior to
shipment?
Yes, we have a twenty-four
(24) hour cancellation policy, but you must contact us immediately via email
or phone and provide your order details.
What happens if my artwork arrives
damaged?
Transportation insurance is included in the shipping & handling cost
during checkout. If your artwork arrives damaged please notify us
via email or phone within seven (7) days of delivery. You will need
to provide photos of the damaged artwork and packaging.
Our logistics provider will evaluate whether the artwork can be
repaired or not. If the artwork can be repaired the insurance money
will cover the cost of repairs. In the event of a total loss we will
provide a refund for the damaged artwork contingent on filing a
successful insurance claim.
I know what kind of art I like, but
don’t know how to narrow my search. How do I do this?
There are two reasons why people buy art; for enjoyment because they
like a particular piece by an artist or as an investment. If you
know what art you like there are a multitude of ways in which to
narrow your search. The first, but often overlooked option, is the
search box. Here, you may search by key word such as artist name,
university where an artist attended etc…
Another option is to use the menu on our navigation bar. Our menu
lets you filter by 5 mediums: paintings, drawings, prints, photos
and sculpture. Each of these has additional dropdown filtering
options such as price, material and subject. These will take you to
our marketplace search results page.
Our marketplace search results page has several filtering, and
sorting options for you to narrow your search and find artwork you
love.
What’s the difference between visual
search and list view?
Our default marketplace search results appear as a visual search. In
visual search you initially only see artwork thumbnails. If you
hover over a thumbnail you can get some basic information like the
title of a work as well as the artist’s name, and price. If you
click on a thumbnail a pop-up will appear with one or more full
sized images of the work as well as additional information about the
artwork and artist.
In list view, you can see the same basic information about an
artwork, but without having to hover over any thumbnails. You may
switch between visual search and list view in the upper righthand
corner of the marketplace search results next to “Show”.
I want to invest in art, but don’t
know what to buy. Can you help me?
There are two reasons why people buy art; for enjoyment because they
like a particular piece by an artist or as an investment. If you
want to find artwork to invest in you may sort your search results
by how many art collectors and stamps an artist has. This lets you
identify in demand artists and as well as artists that have
favorable reviews by art critics. The more art collectors and stamps
an artist has the more likely their work is to appreciate in value.
You can also filter by artist category (emerging, established or
blue chip) to gauge how safe an artwork is as an investment.
Possible investment strategies include:
Buying a several artworks by the same established or blue
chip artist whose artworks are likely to appreciate in
value.
Take a diversified portfolio approach and invest in
different promising emerging artists.
You may unsubscribe to
our newsletter from your settings under account info.
Do you sell digital art on Curci
Art?
We do not currently offer digital
artwork, but plan on incorporating it onto our platform at the beginning of
2024. When we do, our digital artworks will be green, permanent and
non-speculative. We plan on minting digital art on a PoS (Proof of Stake)
blockchain as this consumes significantly less energy than older PoW (Proof
of Work) consensus models and will therefore be environmentally friendly.
Additionally, we plan on storing the metadata on chain rather than via an
http or IPFS link. Our automated art appraisals will be the main mechanism
by which NFTs will appreciate in value as opposed to auction listings, which
are used on other platforms. This will help maintain price stability.
When you start selling digital artwork
what payment options will you have?
When we incorporate digital art onto our platform you’ll be able to
purchase digital works via credit or debit card using a payment
solution like MoonPay.
Why do you require identify
verification for certain buyers?
If you wish to purchase an artwork
that’s valued at $10,000 or more we’ll need to verify your identity. We do
this to comply with anti money laundering (AML) laws. We only need to verify
your identity once, after which you may purchase high value artworks as
often as you like.
How will you verify my identity?
We use Stripe to safely automate
ID verification. You may use your driver’s license, passport or SS number to
verify your identity. Stripe safely and securely stores your information.
None of your sensitive information is stored on our database.