Organizer:
Contact Information:
Auction Process:
Payment:
Bidding Increments:
Auction Fees:
Condition of Goods:
Goods Information:
Color Deviations and Lens Distortion:
Damaged Goods during Viewing/Auction Days:
Damage by third parties to be auctioned goods must be reported.
Damage may lead to legal action and compensation.
Collection of Goods:
Buyers are responsible for their goods after allocation.
Collection times will be announced after the auction.
Identification:
Buyers must correctly identify themselves.
Bidding numbers are available shortly before the auction. – Personal information is handled discreetly and not shared.
Own Responsibility:
Buyers are expected to purchase at their own risk.
Placing a bid is binding.
Disputes:
Disputes will be settled by a bailiff/notary without recourse.
Resale Right:
Original art is subject to resale right if the author is either a living artist (from the EU) or within 70 years after their death, a resale right is due on the hammer price from €2,000 onwards:
However, the maximum amount of the right may not exceed €12,500.
Even if this amount is not collected when the invoice is issued, the customer can still be obliged to pay this amount for 5 years following to comply with the resale right. All information about resale right in Belgium can be found at www.resaleright.be.
Storage Costs and Payment Methods:
IBAN: BE98 7370 6709 9993
BIC: KREDBEBB
Beneficiary: Ostantix Auctions BV
Beneficiary address: Torhoutsesteenweg 553, 8400 Ostend, Belgium
Bank: KBC Bank
Bank address: Marktstraat 18, 8620 Nieuwpoort, Belgium
Default Interest and Costs:
Administrative costs and default interest are applied to unpaid invoices: On invoices not paid in full within 30 calendar days from the auction date, the following default interest and costs are calculated:
On day 31: Administrative cost of 25 Euro per lot plus 1.5% of the total invoice amount.
For every 14 calendar days thereafter, an additional default interest is calculated at 1.5% of the total invoice amount.
Bidding Options:
Trader Identification:
Traders must identify themselves as such upon receiving the buyer’s number.
Reoffer:
In case of reoffer, the item will be presented again.
The reofferer is liable for any losses.
Customs Regulations:
Buyers must respect customs regulations for their country. Our auction house cannot be held responsible for any export problems.
CITES Regulation:
Buyers and sellers must be aware of CITES regulations.
Agreement to Terms:
By participating in the auction, you agree to these terms.
Right to Refuse:
The auction house reserves the right to refuse bidders or require a deposit.
Acknowledgment of Terms:
All buyers and sellers are assumed to have acknowledged these terms.
Disputes and Applicable Law:
In case of disputes, Belgian law applies, and the Court of Bruges has jurisdiction.
With over 15 years of dedicated experience in the world of antiques, porcelain, and fine collectibles, Kenneth and Glenn have embarked on an exciting new chapter.
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