I've never gone the consignment route. Never even considered it. Not in any medium in which I've worked. Right now, however, I'm interested in getting my work in some galleries, and I'm finding most, if not all, of them primarily work this way.
How does the following look? I kind of expected 60/40, to be honest. Are there questions I should ask?
- The Gallery retains forty-five percent (45%) of the final sale for our services.
- A standard working agreement applies.
- Minimum consignment term is sixty (60) days. The gallery must be provided 30 day written notice of cancellation.
- Shipment of the artwork to and from the gallery is the responsibility of the artist.
- The gallery has the right to refuse artwork upon final inspection of shipped artwork due to damage or misrepresentation associated with the artwork.
- The gallery is licensed and insured. The gallery will insure the artwork while in the gallery's possession during the consignment period.
- Payments to the artist will be made promptly on a monthly basis.