5. Terms and invoicing
After the auction, we are responsible for the invoicing and shipping of your objects.
Of course, once your object has been sold, we also handle the entire processing of all export formalities.
The buyer's premium, otherwise known as the fee for our comprehensive service package (research, description, marketing, insurance, invoicing, export formalities, etc.) is deducted from the hammer price.
This commission in the amount of 20% is only charged if your object is sold. No costs of any kind, such as photograph or lot fees, are incurred for unsold lots.
We offer attractive special commissions for large, prominent collections or particularly valuable individual pieces.
As a rule, the proceeds of your sale will be disbursed approximately six weeks after the auction. Depending on the type of object and the destination country, obtaining the necessary permits may take the buyer several weeks and thus delay receipt of the payment.
In any case, your property will not be handed over to the buyer until the payment has been received.