Prices
Prices of lots are set in Polish currency. Prices displayed in Euro and US dollar are for reference only. The transactions are based on prices in Pln. (Polish zloty). If you pay in other currency, the final amount must be equal to invoiced amount in Pln after conversion.
Bidding
Bidding is conducted in Polish currency and in Polish language.
Bid increments are tuned to internet live auction system and are not changeable.
| for amounts up to 5000 pln | -> 100 pln |
| 5000 – 10 000 | -> 500 pln |
| 10 000 – 100 000 | -> 1000 pln |
| 100 000 – 200 000 | -> 2 000 pln |
| 200 000 – 500 000 | -> 5 000 pln |
| over 500 000 | -> 10 000 pln |
The increments may be higher but must be multipies of the minimum assigned to the range. This means, for example, that bid over 100 000 may be 102 000 or 106 000 but not 107 000 (which is not multiple of 2000)
The basic Premium of 20% of the hammer price will be added to the invoice.
Please be informed that using Liveauctioneers or Invaluable live bidding service will incur premium increase to 25%.
If a lot was imported from outside of European Community, than a surcharge of additional 8% calculated on hammer price will be added to total. This amount covers the import VAT rate, and may be deducted if the lot is exported to a non EU country after the sale.
Example:
– you buy a painting that was imported from USA and you are from UK and you bid using Liveauctioneers. Then your charges are : 18% for basic premium, 8% for import VAT, plus 3% internet bidding operator (LA or INV) so it makes 29% total surcharge.
Droit-de-suite charge
According to EU law, we are obliged to collect “Artist resale tax”, namely “Droit-de-suite”, that we afterwards transfer to artists or their inheritors (the law applies to all living artists and remains valid 70 years after the death of an artist).
The charge is 5% of hammer price up to value of 50 000 euro, and then decreases according to the table below:
5% from 100 – 50 000 euro
3% from 50 001 – 200 000 euro
1% from 200 001 – 350 000 euro
0.5% from 350 001 – 500 000 euro
0.25% from 500 001 – 200 000 euro but total cannot exceed 12 500 euro
Bidding possibilities.
You can bid personally, by phone or by Internet live auction system.
When bidding personally, you have to obtain the auction pad with a number at the cashier desk.
If you are first time bidder at us please follow the procedure described at registration section. You will be assigned a number, and then at the auction day you will be given the pad with the number on it.
The pad has to be used to announce your bids, in the way the auctioneer will be able to see it and call during bidding. Please be careful, playing with pad may provoke confusion during the bidding.
When bidding by phone, you have to complete the phone bidding form that can be downloaded from here , listing the lots you intend to bid on and giving us your valid phone number. We call you twice – first before the auction to check if you have not forgotten the auction hour :) and then, finally just before the chosen lots .
Please be informed, that we may guarantee your phone bidding order and assign you an auction assistant only if you register 24 hrs before the auction. After this time , we will not guarantee , that your phone bidding call will be accepted. Usually we have many phone calls , so please register as soon as possible.
We can provide you an auction assistant communicating in English language. He (or she) will translate you the numbers announced on the hall by the auctioneer as well as transfer your bids.
Internet bidding is also possible.
We cooperate with Liveauctioneers.com that provide live internet bidding systems in English language. Please proceed to their websites to register. Additional fees of 5% of hammer prices will apply for using these services.
For Polish customers we run also home live internet bidding service at agraart.onebid.pl. No additional costs apply if you use this system.
