Auction House

Fees and Conditions

Exponat

Seller’s Commission

for a minimum sale price
up to EUR 5,000: 25%
from EUR 5,000: 15%
includes sales tax
for high-value art pieces by agreement

Advance payment interest
per annum: 12 %

Contribution to catalogue costs

Minimum fee: € 100
Half-page image: € 200
Full-page image: € 300
Double-page spread: € 600
Cover: € 900

Insurance

All items accepted for auction shall be insured against the risk of loss and damage up to the due date of the purchase price. Unsold items are only insured if there is an order. Costs are covered by the seller.

Storage fees for unsold items

Unsold items are offered in the post-auction sale for four weeks after the auction. Two weeks after the end of the post-auction sale, the items can be relocated and stored at a forwarding company unless there is no other agreement made. The seller has to carry the costs and risks.

Transport costs

After the shipment is actually carried out. With transport insurance only if specifically requested.

Buyer’s Commission

subject to differential taxation (including 20% VAT) of the hammer price: 28 %
subject to normal taxation, plus 13% VAT with paintings (due to COVID-19 measures 5% until the end of 2021) or 20% VAT with with antiques, of the hammer price: 24 %

for amounts over € 500,000:
subject to differential taxation (including 20% sales tax) of the hammer price: 20 %
subject to normal taxation, plus 13% VAT with paintings (due to COVID-19 measures 5% until the end of 2021) or 20% VAT with with antiques, of the hammer price: 17 %

Buyer’s Commission at the post-auction sale

for bids at the reserve price: 28 %
for bids below the reserve price, of hammer price: 30 %

Droit de Suite

Objects marked with an asterisk * in the catalogue are subject to droit de suite in addition to the purchase price.

up to € 50.000: 4 %
a further € 150.000: 3 %
a further € 150.000: 1 %
a further € 150.000: 0,5 %
over this: 0,25 %
But not exceeding a total sum of € 12,500

Broker fee

1,2% of the hammer price

Insurance

All objects are insured. The insurance value is the arithmetic average of the two estimates. The responsibility of the Auction House lasts until the eighth day after the auction. After that, each art object is only insured if the purchaser is not in delay.

Interest on late payments*

(From the 9th day after the auction) per year from the purchase price: 12%

Collection of items bought at auction

Items which have not been collected within four weeks after the auction are stored at the expense and risk of the buyer, even outside our business premises, without insurance.