How to bid

Supplement to Bearte Gallery Auction Regulations

How to Register to an Auction

  1. Find notification about the auction displayed
  • at the Bearte Gallery website
  • in social media
  • in newsletters (remember to subscribe)
  • in Google Adwords advertisements
  1. Click the link to the chosen auction and go to the registration
  2. Register in accordance with the instructions
  3. By registering you can participate in any auctions you like. During your registration, you are required to provide real and up-to-date data necessary to conduct the bidding process
  4. You will receive an email confirming the registration and you can proceed with the bidding
  5. The account established in the case of registration for the auctions may require additional verification
  6. Additional verification may consist a charge from your credit card/PayPal 1 €
  7. BeArte Gallery may also refuse to register the participant without giving a reason
  8. Art Sellers who do not cooperate with Bearte Gallery, like private persons, external galleries, not cooperated artist, can also list items for auctions after contacting us
  9. Institutions that adhere to the purchase of art at auctions must be represented by legally authorized persons

How long does the Auction last 

  1. Our auctions are kind of running menu. This means that we have themed permanent auctions on which items are sent at any time
  2. Each item can be displayed from 8-30 days on the chosen auction
  3. If it wasn’t sold it can again be submitted for the auctions

What is a starting price

  1. The starting price is the price set by BeArte Gallery and/or the Seller, in the bidding agreement
  2. Prices on BeArte Gallery Auctions can start from prices agreed between the BeArte Gallery and the Seller
  3. The item cannot be sold below the starting price
  4. If the item wasn’t sold you can also ask to buy it for starting price after auction – this requires the consent of the owner of the item

What the bidding process looks like

  1. After registration, you log into the selected auction and select the works of art that interest you
  2. By using the ‘Bid’ button – you set the price you want to bid on
  3. From the drop-down list, you select the next possible bid amount
  4. The bid increments are:
    <=300 : 1
    > 300 < 500 : 25
    > 500 < 1.000 : 50
    > 1.000 < 4.000 : 100
    > 4.000 < 10.000 : 500
    > 10.000: 1.000 set by the Seller
  5. Depending on the auction, you can also set the maximum amount of bidding before it starts
  6. Should anyone outbid you, you will also receive information about conquering your last offer by e-mail, so you do not have to control the auction

 What I will pay when I win the Auction

 By winning the auction, you will pay the price realized, which will be issued on the invoice

  1. The price realized includes: Hammer price; Transport costs; VAT and Buyer’s premium 18% of the price realized
    In auctions, the buyer’s premium is a percentage additional charge on the hammer price (winning bid at auction) of the lot that must be paid by the winner. It is charged by the auctioneer as a remuneration, normally in addition to the seller’s commission. The buyer’s premium goes directly to the auction house and not to the seller.
  2. All information about shipping costs and buyer’s premium you can find out on the item description before bidding

What does “buy now” option means

 You can also decide to buy the item which is displayed on the auction for regular price.

  1. If the auction exceeds the regular price, the ‘Buy Now’ option expires
  2. The regular price is equal to the ‘Buy now’ listed price

The Ending of the Auction

The auction of artworks ends when the time for each of the items is finished – generally 8-30 days from the moment of its issue

  1. Information, when the item auction ends, is on its site
  2. The last highest offer is an offer for which the image is sold
  3. If the last redeemed offer is given 10 minutes before the end of the auction, the auction will be extended by 10 minutes