You can’t beat the buzz of an auction where the possibility of a bargain is always on the cards – or even on the postcards.
As fine art students at Newcastle University near the climax of their studies, they are out to raise money through a fine art auction to fund their degree shows next summer.
A silent auction, with guests bidding for smaller, mostly postcard-sized works, has been going on all this week.
But bigger works will go under the hammer on Friday evening in the fine art building on King’s Road, Newcastle University.
The challenge to the students was to gather tempting lots from established artists, including graduates of the department and staff members, and even from amongst themselves.
The annual auction has become an established feature of the university’s widely admired fine art department whose alumni include the singer Bryan Ferry and whose staff once included Victor Pasmore and pop art innovator Richard Hamilton.
It is anyone’s guess how many now treasured – and possibly even quite valuable – artworks now grace North East homes as a result of the auction.
The stuidents are billing it as a great opportunity to buy original artworks at affordable prices.
Among contributors singled out this year are Turner Prize winner Jeremy Deller, Timothy Hyman, Laura Aldridge, Liliane Lijn, Holly Antrum and Marie Toseland.
Admission to the auction is free and the bidding starts at 7.30pm. Lots can be viewed online at nclauction2014.wordpress.com and updates will appear on a Twitter account, @nclauction2014