5 minute read
How to Bid at our Auctions
from The Art and Antiques Collection of the late Judith and Bruce Terry, Teychel 16 Moule Avenue Brighton
by artvisory4
Catalogues and Viewing
Auction catalogues can be viewed on the Artvisory website www.artvisory.com.au approximately three weeks prior to the published date of an Auction.
Printed catalogues will be available complimentary at the auction viewing and can be express posted (within Australia) prior to the viewing for $18AUD.
The Auction viewing is open to the public and generally takes place during the three days prior to the Auction date, from 11am–5pm at the advertised location/s in the Auction catalogue.
Lot Descriptions
The Lot/ Catalogue descriptions provide the overall information of an item including size, date or age, medium, attribution, quantity and if known, provenance.
Estimates
The estimate accompanies each lot in the printed and online catalogue. This estimate takes into consideration the quality, condition, rarity, condition and provenance of the item. Each estimate also has a reserve, and the reserve is the undisclosed and confidential amount set at or below the low estimate. Please note the reserve will never exceed the low estimate at Artvisory, however many lots are sold without a reserve.
Condition Reports
Condition reports supplement the lot/catalogue description and focus on the condition of the item. We strongly advise obtaining a condition report if you are unable to view the lot in person. Condition reports and additional images are available to view as part of the auction item listing at Invaluable.com or can be requested from Artvisory directly.
Symbols
Occasionally a symbol is printed next to a lot number in the catalogue, this indicates a special clause that is associated with the sale of that item.
Please refer to the Terms and Conditions for specific symbol meanings and information.
Buyers Premium
Artvisory charges a Buyers Premium of 26% plus GST on the hammer price of all Auction items unless otherwise stipulated.
Bidding
Artvisory offers four options for bidding at our Auctions:
Live Bidding
If this is your first-time bidding with Artvisory you will be required to register with us, which requires you to fill out a buyer registration form to receive your bidders number.
To facilitate this, please bring along your Government issued photo identification, such as a driver’s licence or passport as this is the only form of identification that will be accepted.
Please make sure you register in the name you want your final invoice to be made out to, as invoices once issued cannot be changed, and in certain cases a deposit may be required before you can bid.
Online Bidding
Online bidding via Invaluable.com allows you to bid via the internet in real time, whilst also allowing you to view the live feed of the Auction. You have two options to register for this service:
• Register via the Artvisory website and an Invaluable.com online bidding fee of 2% of the hammer price is added
• Register direct with Invaluable.com and an online bidding fee of 5% of the hammer price is added
Please make sure you register for online bidding at least 24 hours prior to the Auction to ensure you do not miss your lot.
Please note if you have not bid with Artvisory previously, then Government issued photo identification verifying your name and address will be also be required before you can be approved to bid with Artvisory via the Invaluable.com site, and in certain cases a deposit may be required before you can bid.
Please note Artvisory cannot be held responsible for any errors that occur with internet connectivity during an auction or buyer bidding errors.
Telephone Bidding
Complimentary telephone bidding is available at all of our live Auctions and involves an Artvisory representative calling you approximately 3–5 lots in advance of your nominated lot and you then instruct them to bid on your behalf.
Telephone Bids must be requested at least 24 hours prior to the commencement of the Auction and are provided on a first come, first served basis, as the number of phone lines available are limited.
See our website to download and complete a telephone bidding form and please note that if this is your first time bidding with Artvisory, we will require a clear, scanned copy of Government issued photo identification such as a drivers licence or current passport verifying your name and address and in certain cases a deposit may be required before you can bid.
Absentee Bidding
Absentee bidding offers convenience if you are unable to attend an Auction in person, bid over the telephone, or if you wish to stick to your budget.
An absentee bid should be set at the maximum amount you wish to bid on the lot/s you are interested in purchasing. Should the lot/s be knocked down at an amount lower than the bid recorded on your form, the lot will be sold to you for the lesser hammer price plus Buyers Premium. If identical bids are received for the same lot, then the first bid received by Artvisory will take precedence.
Absentee bids must be received by Artvisory at least 24 hours prior to the Auction commencing and the Company cannot be held responsible for activating any late bids that are received.
See our website to download and complete an absentee bidding form and please note if this is your first time bidding with Artvisory, we will require a clear, scanned copy of Government issued photo identification such as a drivers licence or current passport verifying your name and address and in certain cases a deposit may be required before you can bid.
Payment and Collection
If you are successful with your bid/s, your invoice will be emailed to you immediately after the Auction finishes.
You will pay the hammer price, plus the Buyers Premium of 26% plus GST on each lot, together with any additional charges such as the Invaluable.com online bidding fee, GST on hammer, or the Artist Resale Royalty if applicable.
As per our terms and conditions, payments must be made in full by three (3) days after the Auction has been completed as printed in the catalogue.
We accept Direct Deposit into the Company Trust Account, Eftpos (up to your daily limit) or credit card in person with the following merchant fee applicable (1.3% inc GST for Visa, Mastercard and American Express)
Cash payments must be deposited direct to the Company Trust account via any Commonwealth Bank Branch, and goods can be released upon supplying the deposit receipt.
Personal, Company and Bank cheques are not accepted unless prior approval has been sought.
All payment options and Company Trust Account details are included on the invoice that is emailed to you after the Auction if you are a successful bidder.
All items must be paid for in full and collected within the collection times advertised for each individual Auction. If items are not collected within this time frame then Artvisory reserves the right to charge removal, storage and release fees.
Packing and Delivery
Artvisory has a list of recommended carriers specific to each auction that will be sent to you if you are a successful buyer.
We and pleased to present this catalogue for the family of the late Judith and Bruce Terry. This collection is truly outstanding, both for its quality and its breadth, and we highly recommend attending the viewing in person.
Viewings will be held onsite at Teychel, the gracious Terry family home in Moule Avenue, Brighton, offering an extraordinary opportunity for collectors to view this remarkable collection of furniture, paintings and decorative arts in one of Melbourne’s finest properties.
Some of the finest pieces showcased here have been selected for a very special auction that we are holding mid year entitled “Exceptional in Australia,” to allow time for further research and also so that they may be viewed alongside other outstanding examples of their International Art and International decorative arts genres.
We welcome your interest in this quality single owner collection, and we look forward to being of service to you.
Paul Sumner and Amanda Swanson Directors