Terms
Buyer's Premium
Buyer`s Premium 15% + VAT
Lots purchased online with Invaluable.com will attract an additional charge for this service in the sum of 5% of the hammer price plus VAT at the rate imposed.
First Time Buyers (Buyers unknown to artBlue Ltd)
First time buyers (unknown to artBlue Ltd) registering to bid may be contacted, and a copy of a photo ID (passport or national identity card) as well as proof of address may be requested..
Packing & shipping
We provide an in-house packing and shipping service.
Where possible, we are happy to arrange for packing and shipping of your purchased lots and can provide you with a quote upon request or you can use your own carrier.
BIDDING
Online Bidding
artBlue offers an online bidding service via Invaluable.com for bidders who cannot attend the sale.
Please note that any lots purchased online via Invaluable.com will be subject to an additional charge for this service of 5% commission charge + VAT at the rate imposed on the hammer price.
In Person
You can bid in person by attending the auction where you will be issued with a paddle number to enable you to bid on your chosen lots.
Absentee Bid
If you are unable to attend the auction in person then let us bid on your behalf.
You can submit a confidential absentee bid either from each particular lot's details page of our current auction indicating your maximum bid in euro, excluding the buyer's premium and any applicable taxes. Our staff will then execute the bid on your behalf. Taking into account the reserve price and other bidders, we will always try to secure the item for you at the lowest price within your maximum bidding limit.
Telephone Bid
If you cannot be present at the auction then as an alternative to placing an absentee bid you can request to bid by telephone.
A member of staff will telephone you during the auction and bid live on your behalf according to your instructions.
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PAYMENT
Successful bidders can pay immediately after the sale, the next day or thereafter.
Payment is due within 7 days after the auction.
A commission of 15% plus VAT is added to the hammer price.
VAT (currently at 19%) is only applicable to the buyer's premium and not the hammer price.
(Please note that any lots purchased online via invaluable.com will be subject to an additional charge of 5% commission charge + VAT on the hammer price)
Payment can be made in any of the following ways:
• Cash
• Bank transfer - We will provide you with our bank account details
• Cheque - Payment by cheque is also possible. Items paid for by cheque can only be collected once the funds have been cleared. Please allow 7 days for funds to clear
Please note that we may not accept payment by cheques, belonging to third parties.
Payments must be made direct to artBlue Ltd and will not be processed by invaluable.com
COLLECTION & SHIPPING
Collection in Person
After the sale, once your account has been settled, all lots may be collected (by previous appointment) from the artBlue premises in Nicosia.
The buyer should collect all purchased lots within 7 days from the date of the auction.
Packing and Shipping
We provide an in-house packing and shipping service. We are happy to arrange for packing and shipping of your purchased lots and can provide you with a quote upon request or you can use your own carrier.
If you are based in Greece (Athens area) for smaller items we may be able to arrange shipping to you free of charge.
VIEWING
Lots featured in any of our forthcoming Greek Sale are made available for a closer examination in person during our viewing events which normally take place in
Athens Greece, London UK and Nicosia Cyprus sometime before the auction.
Our current auction viewing venues, dates and times will be displayed on our website and will also be advised by newsletter to everyone that has registered in our mailing list.
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TERMS & CONDITIONS APPLICABLE TO BUYERS
Participation in artBlue Auctions means the unreserved acceptance of the following
1. The auctioneer always acts as the agent of the vendor. He directs the auction and decides on the consecutive biddings of each lot. At his discretion, he can refuse higher or lower bids than those proposed by him.
2. The auctioneer reserves the right to refuse entry to or participation by any individual in the sale-room, as well as to withdraw any lot from the sale at any time.
3. A buyer is considered the bidder who accepted the highest bid proposed by the auctioneer and to whom the lot was finally sold. Absentee bids are accepted by the auctioneer in writing 24 hours before the sale or on the telephone during the sale, provided personal details of the bidder have been submitted 24 hours before the auction.
4. Every work is sold 'in its present state'. artBlue Auctions is not responsible for possible defects, damages or imperfections of a work or errors or misrepresentations in the description contained in the catalogue. All statements included in the auction catalogue relating to the provenance, dating, authenticity and estimate of a lot are made to the best of its knowledge and do not imply or create ultimate responsibility or liability on the part of artBlue, its associates or employees to any third party.
5. A buyer can return a work within two (2) years of its purchase if it can be reasonably proved that it is a counterfeit. In such a case the buyer will be fully refunded (Hammer price plus commission but not interest). The sale will be set aside on condition that the buyer has not resold the work; it has been kept in the same condition as at the time of purchase and most importantly there was no mention in the catalogue of disputed authenticity.
6. Every work on sale is considered by artBlue as the bona fide property of the vendor who gives assurances that it is free of any legal or any other impediment, claim or demand by any third party.
7. A commission of 15% plus VAT is added to the hammer price. (An additional 5% commission charge + VAT on the hammer price applies on any lots purchased via invaluable.com service) All lots can be collected, once the account has been settled, from the sale room after the sale or the next day or thereafter (by previous appointment) from the artBlue premises, Kyriakou Matsi Avenue 10e, 1082, Nicosia, Cyprus. The buyer should collect all purchased lots within 7 days from the date of the auction and settle the respective invoice in full.
8. In case of refusal or inability on the part of the buyer to settle his/her account and collect the work(s) as stated above, 30 days having elapsed from the day of the auction, artBlue is entitled a) To initiate legal action demanding the full settlement of the account. b) To dispose of the work(s) to a third party privately or through an auction sale. c) To demand compensation for any financial or other damages suffered as a result of the buyer's refusal to fulfil his/her obligations.
Collection & Shipping
Collection in Person
After the sale, once your account has been settled, all lots may be collected (by previous appointment) from the artBlue premises in Nicosia.
The buyer should collect all purchased lots within 7 days from the date of the auction.
Packing and Shipping
We provide an in-house packing and shipping service. We are happy to arrange for packing and shipping of your purchased lots. We can provide you with a quote upon request or you can use your own carrier.
Please note that we will make every effort to pack everything safely and securely but any packing and shipping service we provide will be at the buyer's own risk.
If you are based in Greece (Athens area) for smaller items we may be able to arrange shipping to you free of charge.
Payment
Successful bidders can pay immediately after the sale, the next day or thereafter.
Payment is due within 7 days after the auction.
A commission of 15% plus VAT is added to the hammer price.
VAT (currently at 19%) is only applicable to the buyer's premium and not the hammer price.
(Please note that any lots purchased online via invaluable.com will be subject to an additional charge of 5% commission charge + VAT on the hammer price)
Payment can be made in any of the following ways:
• Cash (up to 10,000 Euro)
• Bank transfer - We will provide you with our bank account details
• Cheque - Payment by cheque is also possible. Items paid for by cheque can only be collected once the funds have been cleared.
Please note that we may not accept payment by cheques, belonging to third parties.
Payments must be made direct to artBlue Ltd and will not be processed by invaluable.com
