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Art Auctions Ltd [trading as 'Modern Art Auctions'] INFORMATION ENQUIRIES: auction@btinternet.com or via www.the-saleroom.com 'enquiries' button www.modernartauctions.co.uk All enquiries about auction lots must be made before the auction day Commission bids MUST be placed BEFORE the auction day please. Commission bids placed on the day of the auction will not be accepted. BID INCREMENTS: £0 to £50 - in £5s £50 to £200 - in £10s £200 to £500 - in £20s £500 to £1000 - in £50s £1000 to £2000 - in £100s £2000 to £10000 - in £200s £10000 + - in £1000s BUYERS' PREMIUM: 20% [ + VAT ] There is an additional charge for lots bought by bidding online via the-saleroom.com [or other auction platform] of 4.95% + VAT [to cover part of their hosting fees]. Please see our full 'terms and conditions' on our auction page on www.the-saleroom.com for details of VAT charges, Artist Resale Rights taxes, etc. [or we can email a copy to you] SELLERS' PREMIUM: 0% - FREE No extra charges for catalogue photos, website photos, storage, marketing and lottage - and no charge for unsold lots. Lots withdrawn within 35 days of the auction date are subject to a withdrawal fee of 20% [+ VAT] of the lower estimate. Please see our 'Important Information' and 'Terms and Conditions' in our catalogue on www.the-saleroom.com. VIEWING: Viewing is usually on the Saturday and Sunday afternoons, immediately prior to the auction date by appointment please. Masks must be worn during virus restricted periods. See auction catalogue online for details. The government does not allow viewing during virus lockdown periods - sorry. All lots are sold 'as is' and we recommend that buyers view all lots in person, or send their professional representatives, to satisfy themselves as to the condition and authenticity of items PAYMENT: Please wait for your invoice to arrive - they will be sent out a few days after the auction date - they will include all the information you need. UK buyers: cash, cheque, bank transfer. International buyers: bank [wire] transfer please Bank details [including IBAN, BIC/Swift numbers] will be included on invoices COLLECTION / SHIPPING: No collections are allowed on the day of the auction - invoices will be sent out a few days after the auction date. We may be able to pack and ship smaller lots in-house, but can also suggest a local professional shipper who will collect from our offices, pack and ship internationally - please ask them for a quote [ideally before bidding] During virus lockdowns please contact us about collecting. The above are a few items of important information about our auctions - the full 'Terms and Conditions' are in our catalogues on The-Saleroom.com who host our auctions - see our 'auctions' page where you can access the current or past catalogues or go directly to www.the-saleroom.com - click on 'auctions' - then 'auctioneers' - scroll down until you find 'Modern Art Auctions'. MONEY LAUNDERING: New anti-money laundering laws were introduced in January 2020 for purchases over 10000 euros or their UK pound equivalent and apply to both new and existing customers. We have to check your identity and will require a copy of a valid photo identity document, which confirms your full name, permanent address, date of birth and nationality [e.g. passport or driving license with your photograph on]. For companies, we will need full company information including evidence of incorporation, all directors etc. Payments received MUST be from the bank account held by the person named on the invoice and not a 3rd party. We apologise for this inconvenience, but it is law and we have no choice.
