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Auction rules
Definition of the Company The Company refers to Ethereal Auctioneers Art Co., Ltd.
The seller and the company sign the "Auction Entrustment Contract", entrusting the company to auction their belongings.
The auction objects are the auction items specified in the "Auction Consignment Contract" and the "List of Consigned Auction Objects" between the company and the seller.
The buyer meets the qualifications set by the Company and participates in the auction bidding in accordance with the rules and procedures set by the Company.
Unless otherwise specified in these rules, the days mentioned in the rules are calendar days.
General principles
Article 1 The company is entrusted by the owner of the auction object (i.e. the seller) to auction the auction object on behalf of the seller. The company provides services in accordance with the agreement between the two parties, but the company is not responsible for the breach of contract between the buyer or the seller. any liability.
Article 2 Buyers and sellers should carefully read the terms stipulated in these rules to safeguard their rights and interests.
Article 3 Anyone who has any objection to the ownership of any auction object must submit a written certificate from a judicial unit before the auction object is auctioned.
Contact us and explain, otherwise we will not accept it.
Article 4 If there is a dispute between the parties involved during the auction and after the auction is concluded, it will be handled based on the relevant laws and regulations of the Republic of China, and the Taipei District Court of Taiwan will be the court of first instance jurisdiction.
About the buyer
Buyer bidding participation
Article 5 The buyer participating in the bidding shall register with the company in person and sign the necessary documents before the auction. The buyer shall provide relevant information of authenticity and authorize the company to obtain the buyer's financial credit information from the bank and obtain the bidding number. field.
Article 6 Those who entrust our company to bid should sign an entrusted bidding form with our company 24 days before the start of the auction and pay a deposit. If there is a transaction, the balance should be paid in one lump sum 10 days from the auction date.
Article 7 No one who raises a sign to call out a bid while the bidding is in progress is allowed to withdraw the bid. The company determines that the person with the highest bid is the buyer, and the auction target is determined to be auctioned.
Article 8 The company has full discretion to refuse anyone to enter the auction venue or participate in the auction, and may also refuse to accept any bid. Description of auction items and auction catalog
Article 9 The buyer should go to the venue in advance during the preview period to carefully review the originals of the auction objects and select the items to be auctioned. The buyer shall bear legal responsibility for participating in the bidding for the auction objects. The company does not make any guarantee to the buyer regarding the authenticity of any auction objects and auction certification documents.
Article 10 The auction objects may not be in perfect condition due to their age or nature. The Company may provide a current condition report of the auction objects for the buyer’s consideration. However, the buyer acknowledges and agrees that this is not stated in the catalog or current condition report of the auction objects. The condition of an auction object does not equate to a guarantee that the auction object is free from any defects or imperfections.
Article 11 The company has the right to take pictures, publish catalogs, introduce and display any items entrusted by the consignor for auction. Both the buyer and the seller agree not to request any authorization money, fees or remuneration from the company. .
Article 12 The buyer is clearly aware that the catalog compiled by the company before the auction date or the author or author of any auction subject in other forms is
The introduction of origin, age, size, texture, mounting, ownership, authenticity, provenance, preservation, valuation, etc. is for reference only, and our company does not make any guarantee.
Article 13 The buyer clearly understands that the description of the auction objects in the catalog is only for the buyer’s reference. The color and lightness of the auction objects are
The appearance in print or on the screen may be different from the actual condition. The images in the catalog are not relied upon as a basis for the condition of any auction object.
Article 14 The relevant intellectual property rights (including but not limited to copyrights, patents, etc.) of all images, diagrams and written materials related to the auction subject shall belong to the property and ownership of the company at any time. Without the written consent of the company, , no one may use it.
margin
Article 15 Any buyer who wants to participate in person, bid in writing, bid by phone or bid online must complete the registration procedures with the company at least 2 working days before the auction date and pay TWD 200,000 (USD 6,500, HKD 50,000, RMB A deposit of 45,000) is required to participate in the bidding (if a check is paid, please complete the process 3 working days before). The seller shall not transfer the bidding qualification (including but not limited to certification documents or number plates) to others, and shall provide relevant Keep the documents properly by yourself.
Article 16 If the buyer participating in the bidding purchases the auction object in accordance with the regulations of the company, the deposit paid by the buyer will be used as the purchase price. If there is any deficiency, the buyer shall make up for it; if the auction object is not purchased, the deposit will be used at the auction The full amount will be refunded without interest within 7 working days after the completion; if the buyer defaults or fails to deliver after the deadline, the deposit will be used as liquidated damages and the company has the right not to refund it.
Article 17 After the buyer successfully purchases the auction object, the purchase price payable shall be the final hammer price plus the company's service fee. The service fee is calculated as 20% of the hammer price.
Article 18 If the buyer purchases the auction target, he must pay the full purchase price (including the hammer price and auction commission) within 10 days from the auction date. Only after payment is paid in full can he receive the auction target in accordance with the procedures established by the company. . The company has the right to require the buyer to pay 30% of the auction price in advance on the day of the auction, and the buyer should pay the remaining balance in one lump sum within 10 days.
Labor fee
Pay and collect auction items
Article 19 The buyer may pay the purchase price in cash, remittance, check or credit card. If payment is made by various credit cards or China UnionPay cards,
Payment is limited to a total amount of NT$1 million or less; if you pay by check, you must wait until the check is cashed before you can collect the auction object. Our company only accepts payment of deposit and purchase price in Taiwan and Hong Kong. If the buyer pays in Hong Kong dollars or US dollars in Hong Kong, the price shall be calculated based on the exchange rate (Taiwan Bank) announced by the company on the day of the auction, and the issue shall be based on this exchange rate of the company. The certificate shall prevail.
Article 20 If the buyer wants to pay the purchase price in a currency other than New Taiwan Dollars, the Company has the right to decide whether to agree. The Company may also charge the buyer any foreign exchange fees incurred, including but not limited to bank charges and currency exchange regulations. fees and exchange differences.
Article 21 All amounts payable by the buyer to the company do not include any goods or service taxes (whether levied by the Taiwan government or elsewhere). If any such taxes apply, the buyer is responsible for paying such taxes at the rate and time prescribed by relevant laws.
Responsibilities after sale of auction items
Our company's handling of auction bids that have not been paid or collected for a long time
Article 22 The purchase price paid by the buyer does not include packaging services. The company is not obliged to provide the buyer with packaging materials and services for the auction objects. If the buyer has such needs, he should negotiate with the company and bear the cost. When packaging, the auction subject will be Any damage to the subject matter is the sole responsibility of the buyer.
Article 23 After paying the purchase price, the buyer shall go to the place designated by the company in person to receive the auction object. If the buyer entrusts another person to receive the object, the buyer must present a certificate of entrustment; if the buyer wants to entrust the company to deliver the goods or needs The cost of additional insurance should be calculated separately and borne by the buyer. Our company is not responsible for any losses caused during transportation.
Article 24 The buyer shall be fully responsible for the auction object after the auction is concluded. If the buyer fails to accept the auction object in accordance with the company's regulations, or the buyer hands the auction object to the company for storage, there will be any failure during the placement and storage process. Damage remains the responsibility of the buyer
bear.
Article 25 After the buyer successfully bids for the auction target, if he fails to pay off the purchase price within the time limit in accordance with the regulations of the company, he will be deemed to have
In case of breach of contract, the deposit will not be refunded and the buyer shall bear the relevant responsibilities. This is not the case if both the buyer and the seller agree after negotiation by our company.
Article 26 If the buyer exceeds the payment deadline set by the company and still has outstanding payment, he shall pay the company interest at an annual rate of 5% on the purchase price from the day after the end of the deadline until the buyer pays off the entire amount. So far.
Article 27 If the buyer fails to accept the auction object within the time limit set by the company, the company has the right to, with the written consent of the seller, re-auction or sell the auction object in other ways. If the resale price is lower than the original price When the buyer of the auction pays the purchase price, the company has the right to request the original buyer for the difference.
other
Article 31 The company has the right to settle and handle any disputes during the auction.
Article 32 The company is obliged to keep secrets for both parties to the transaction, so as to protect the interests of the buyer, seller and the company from being harmed.
〈These business rules are divided into Chinese and English texts. If there is any dispute, the Chinese text will prevail. 〉
Our company holds this cultural and art auction, which has been approved by the Ministry of Culture and complies with the regulations on business tax reduction and exemption for cultural and art undertakings. The sales income and commission income generated from the auction are exempt from the 5% business tax.Conditions of Sale
Payment terms: all items sold as-is. After the bidder completes the bidding activity, the bidder must pay the purchase price within 10 days from the auction, and then proceed with the subsequent delivery affair; if the bidder's purchase payment is made by wire transfer, must wait till the bank confirm the payment has arrived. After that, it is deemed that the payment is completed. If the buyer pays in a currency other than TWD, and the remittance is sent to the company's designated foreign currency collection account, the exchange rate on the auction day will be converted into the amount of TWD to cover the purchase price. Differences in exchange rate changes, bank charges and other related expenses incurred when the foreign currency is converted into TWD are borne by the buyer; If the bidder fails to complete the payment completion procedure for the winning lot within 10 days, the bidder's deposit will not be refunded and the company would have the right to resell the buyer's winning item.
Shipping Terms: Buyer pays Shipping Cost. Ethereal Auctioneers do not responsible for packing or shipping any items. We suggest our buyers contact DHL or EMS for shipping overseas. After our clients prepaid their shipping fee, We would be happy to help our clients with packing and send out their winning items.
+886227516837
Auction rules
Definition of the Company The Company refers to Ethereal Auctioneers Art Co., Ltd.
The seller and the company sign the "Auction Entrustment Contract", entrusting the company to auction their belongings.
The auction objects are the auction items specified in the "Auction Consignment Contract" and the "List of Consigned Auction Objects" between the company and the seller.
The buyer meets the qualifications set by the Company and participates in the auction bidding in accordance with the rules and procedures set by the Company.
Unless otherwise specified in these rules, the days mentioned in the rules are calendar days.
General principles
Article 1 The company is entrusted by the owner of the auction object (i.e. the seller) to auction the auction object on behalf of the seller. The company provides services in accordance with the agreement between the two parties, but the company is not responsible for the breach of contract between the buyer or the seller. any liability.
Article 2 Buyers and sellers should carefully read the terms stipulated in these rules to safeguard their rights and interests.
Article 3 Anyone who has any objection to the ownership of any auction object must submit a written certificate from a judicial unit before the auction object is auctioned.
Contact us and explain, otherwise we will not accept it.
Article 4 If there is a dispute between the parties involved during the auction and after the auction is concluded, it will be handled based on the relevant laws and regulations of the Republic of China, and the Taipei District Court of Taiwan will be the court of first instance jurisdiction.
About the buyer
Buyer bidding participation
Article 5 The buyer participating in the bidding shall register with the company in person and sign the necessary documents before the auction. The buyer shall provide relevant information of authenticity and authorize the company to obtain the buyer's financial credit information from the bank and obtain the bidding number. field.
Article 6 Those who entrust our company to bid should sign an entrusted bidding form with our company 24 days before the start of the auction and pay a deposit. If there is a transaction, the balance should be paid in one lump sum 10 days from the auction date.
Article 7 No one who raises a sign to call out a bid while the bidding is in progress is allowed to withdraw the bid. The company determines that the person with the highest bid is the buyer, and the auction target is determined to be auctioned.
Article 8 The company has full discretion to refuse anyone to enter the auction venue or participate in the auction, and may also refuse to accept any bid. Description of auction items and auction catalog
Article 9 The buyer should go to the venue in advance during the preview period to carefully review the originals of the auction objects and select the items to be auctioned. The buyer shall bear legal responsibility for participating in the bidding for the auction objects. The company does not make any guarantee to the buyer regarding the authenticity of any auction objects and auction certification documents.
Article 10 The auction objects may not be in perfect condition due to their age or nature. The Company may provide a current condition report of the auction objects for the buyer’s consideration. However, the buyer acknowledges and agrees that this is not stated in the catalog or current condition report of the auction objects. The condition of an auction object does not equate to a guarantee that the auction object is free from any defects or imperfections.
Article 11 The company has the right to take pictures, publish catalogs, introduce and display any items entrusted by the consignor for auction. Both the buyer and the seller agree not to request any authorization money, fees or remuneration from the company. .
Article 12 The buyer is clearly aware that the catalog compiled by the company before the auction date or the author or author of any auction subject in other forms is
The introduction of origin, age, size, texture, mounting, ownership, authenticity, provenance, preservation, valuation, etc. is for reference only, and our company does not make any guarantee.
Article 13 The buyer clearly understands that the description of the auction objects in the catalog is only for the buyer’s reference. The color and lightness of the auction objects are
The appearance in print or on the screen may be different from the actual condition. The images in the catalog are not relied upon as a basis for the condition of any auction object.
Article 14 The relevant intellectual property rights (including but not limited to copyrights, patents, etc.) of all images, diagrams and written materials related to the auction subject shall belong to the property and ownership of the company at any time. Without the written consent of the company, , no one may use it.
margin
Article 15 Any buyer who wants to participate in person, bid in writing, bid by phone or bid online must complete the registration procedures with the company at least 2 working days before the auction date and pay TWD 200,000 (USD 6,500, HKD 50,000, RMB A deposit of 45,000) is required to participate in the bidding (if a check is paid, please complete the process 3 working days before). The seller shall not transfer the bidding qualification (including but not limited to certification documents or number plates) to others, and shall provide relevant Keep the documents properly by yourself.
Article 16 If the buyer participating in the bidding purchases the auction object in accordance with the regulations of the company, the deposit paid by the buyer will be used as the purchase price. If there is any deficiency, the buyer shall make up for it; if the auction object is not purchased, the deposit will be used at the auction The full amount will be refunded without interest within 7 working days after the completion; if the buyer defaults or fails to deliver after the deadline, the deposit will be used as liquidated damages and the company has the right not to refund it.
Article 17 After the buyer successfully purchases the auction object, the purchase price payable shall be the final hammer price plus the company's service fee. The service fee is calculated as 20% of the hammer price.
Article 18 If the buyer purchases the auction target, he must pay the full purchase price (including the hammer price and auction commission) within 10 days from the auction date. Only after payment is paid in full can he receive the auction target in accordance with the procedures established by the company. . The company has the right to require the buyer to pay 30% of the auction price in advance on the day of the auction, and the buyer should pay the remaining balance in one lump sum within 10 days.
Labor fee
Pay and collect auction items
Article 19 The buyer may pay the purchase price in cash, remittance, check or credit card. If payment is made by various credit cards or China UnionPay cards,
Payment is limited to a total amount of NT$1 million or less; if you pay by check, you must wait until the check is cashed before you can collect the auction object. Our company only accepts payment of deposit and purchase price in Taiwan and Hong Kong. If the buyer pays in Hong Kong dollars or US dollars in Hong Kong, the price shall be calculated based on the exchange rate (Taiwan Bank) announced by the company on the day of the auction, and the issue shall be based on this exchange rate of the company. The certificate shall prevail.
Article 20 If the buyer wants to pay the purchase price in a currency other than New Taiwan Dollars, the Company has the right to decide whether to agree. The Company may also charge the buyer any foreign exchange fees incurred, including but not limited to bank charges and currency exchange regulations. fees and exchange differences.
Article 21 All amounts payable by the buyer to the company do not include any goods or service taxes (whether levied by the Taiwan government or elsewhere). If any such taxes apply, the buyer is responsible for paying such taxes at the rate and time prescribed by relevant laws.
Responsibilities after sale of auction items
Our company's handling of auction bids that have not been paid or collected for a long time
Article 22 The purchase price paid by the buyer does not include packaging services. The company is not obliged to provide the buyer with packaging materials and services for the auction objects. If the buyer has such needs, he should negotiate with the company and bear the cost. When packaging, the auction subject will be Any damage to the subject matter is the sole responsibility of the buyer.
Article 23 After paying the purchase price, the buyer shall go to the place designated by the company in person to receive the auction object. If the buyer entrusts another person to receive the object, the buyer must present a certificate of entrustment; if the buyer wants to entrust the company to deliver the goods or needs The cost of additional insurance should be calculated separately and borne by the buyer. Our company is not responsible for any losses caused during transportation.
Article 24 The buyer shall be fully responsible for the auction object after the auction is concluded. If the buyer fails to accept the auction object in accordance with the company's regulations, or the buyer hands the auction object to the company for storage, there will be any failure during the placement and storage process. Damage remains the responsibility of the buyer
bear.
Article 25 After the buyer successfully bids for the auction target, if he fails to pay off the purchase price within the time limit in accordance with the regulations of the company, he will be deemed to have
In case of breach of contract, the deposit will not be refunded and the buyer shall bear the relevant responsibilities. This is not the case if both the buyer and the seller agree after negotiation by our company.
Article 26 If the buyer exceeds the payment deadline set by the company and still has outstanding payment, he shall pay the company interest at an annual rate of 5% on the purchase price from the day after the end of the deadline until the buyer pays off the entire amount. So far.
Article 27 If the buyer fails to accept the auction object within the time limit set by the company, the company has the right to, with the written consent of the seller, re-auction or sell the auction object in other ways. If the resale price is lower than the original price When the buyer of the auction pays the purchase price, the company has the right to request the original buyer for the difference.
other
Article 31 The company has the right to settle and handle any disputes during the auction.
Article 32 The company is obliged to keep secrets for both parties to the transaction, so as to protect the interests of the buyer, seller and the company from being harmed.
〈These business rules are divided into Chinese and English texts. If there is any dispute, the Chinese text will prevail. 〉
Our company holds this cultural and art auction, which has been approved by the Ministry of Culture and complies with the regulations on business tax reduction and exemption for cultural and art undertakings. The sales income and commission income generated from the auction are exempt from the 5% business tax.Conditions of Sale
Payment terms: all items sold as-is. After the bidder completes the bidding activity, the bidder must pay the purchase price within 10 days from the auction, and then proceed with the subsequent delivery affair; if the bidder's purchase payment is made by wire transfer, must wait till the bank confirm the payment has arrived. After that, it is deemed that the payment is completed. If the buyer pays in a currency other than TWD, and the remittance is sent to the company's designated foreign currency collection account, the exchange rate on the auction day will be converted into the amount of TWD to cover the purchase price. Differences in exchange rate changes, bank charges and other related expenses incurred when the foreign currency is converted into TWD are borne by the buyer; If the bidder fails to complete the payment completion procedure for the winning lot within 10 days, the bidder's deposit will not be refunded and the company would have the right to resell the buyer's winning item.
Shipping Terms: Buyer pays Shipping Cost. Ethereal Auctioneers do not responsible for packing or shipping any items. We suggest our buyers contact DHL or EMS for shipping overseas. After our clients prepaid their shipping fee, We would be happy to help our clients with packing and send out their winning items.Ethereal Auctioneers
Location: Taipei City, Taiwan
Phone: +88 622 751 6837
Payment
Accepted Forms of Payment: Wire Transfer
Shipping
Buyer pays Shipping Cost. Ethereal Auctioneers do not responsible for packing or shipping any items. We suggest our buyers contact DHL or EMS for shipping overseas. After our clients prepaid their shipping fee, We would be happy to help our clients with packing and send out their winning items.
Auction details: 2023 Ethereal Auctioneers Autumn Auction: Classic Chinese and Literati Art
Terms And Conditions
3% Drouot's fees
2024 Ethereal Auctioneers Spring Auction: Classic Chinese And Literati Art Part1
Ethereal Auctioneers Ltd. advises the bidders to read the [ Conditions of Business ] of this auction carefully and please kindly obey the rules of the auction. Bidders shall distinguish the quality of the preview.
All bidders without enough amount of purchase records are requested of the deposit of NTD 200,000 for a paddle registration.
The bidders of this auction must use the ID card or a copy of the foreign identity document together with the bidding registration payment form before the auction, email to the company and complete the deposit payment formalities. If there is no bidding behavior, the deposit will be refunded in full without interest; if the bidder is completed, the margin will be converted into the deduction of the purchase price.
Payment Terms
all items sold as-is. After the bidder completes the bidding activity, the bidder must pay the purchase price within 10 days from the auction, and then proceed with the subsequent delivery affair; if the bidder's purchase payment is made by wire transfer, must wait till the bank confirm the payment has arrived. After that, it is deemed that the payment is completed. If the buyer pays in a currency other than TWD, and the remittance is sent to the company's designated foreign currency collection account, the exchange rate on the auction day will be converted into the amount of TWD to cover the purchase price. Differences in exchange rate changes, bank charges and other related expenses incurred when the foreign currency is converted into TWD are borne by the buyer; If the bidder fails to complete the payment completion procedure for the winning lot within 10 days, the bidder's deposit will not be refunded and the company would have the right to resell the buyer's winning item.
Shipping Terms
Buyer pays Shipping Cost. Ethereal Auctioneers do not responsible for packing or shipping any items. We suggest our buyers contact DHL or EMS for shipping overseas. After our clients prepaid their shipping fee, We would be happy to help our clients with packing and send out their winning items.
Ethereal Auctioneers
Location: Taipei City, Taiwan
Phone: +88 622 751 6837
Payment
Accepted Forms of Payment: Wire Transfer
Shipping
Buyer pays Shipping Cost. Ethereal Auctioneers do not responsible for packing or shipping any items. We suggest our buyers contact DHL or EMS for shipping overseas. After our clients prepaid their shipping fee, We would be happy to help our clients with packing and send out their winning items.
Auction details: 2023 Ethereal Auctioneers Autumn Auction: Classic Chinese and Literati Art
Terms And Conditions
3% Drouot's fees
2024 Ethereal Auctioneers Spring Auction: Classic Chinese And Literati Art Part1
Ethereal Auctioneers Ltd. advises the bidders to read the [ Conditions of Business ] of this auction carefully and please kindly obey the rules of the auction. Bidders shall distinguish the quality of the preview.
All bidders without enough amount of purchase records are requested of the deposit of NTD 200,000 for a paddle registration.
The bidders of this auction must use the ID card or a copy of the foreign identity document together with the bidding registration payment form before the auction, email to the company and complete the deposit payment formalities. If there is no bidding behavior, the deposit will be refunded in full without interest; if the bidder is completed, the margin will be converted into the deduction of the purchase price.
Payment Terms
all items sold as-is. After the bidder completes the bidding activity, the bidder must pay the purchase price within 10 days from the auction, and then proceed with the subsequent delivery affair; if the bidder's purchase payment is made by wire transfer, must wait till the bank confirm the payment has arrived. After that, it is deemed that the payment is completed. If the buyer pays in a currency other than TWD, and the remittance is sent to the company's designated foreign currency collection account, the exchange rate on the auction day will be converted into the amount of TWD to cover the purchase price. Differences in exchange rate changes, bank charges and other related expenses incurred when the foreign currency is converted into TWD are borne by the buyer; If the bidder fails to complete the payment completion procedure for the winning lot within 10 days, the bidder's deposit will not be refunded and the company would have the right to resell the buyer's winning item.
Shipping Terms
Buyer pays Shipping Cost. Ethereal Auctioneers do not responsible for packing or shipping any items. We suggest our buyers contact DHL or EMS for shipping overseas. After our clients prepaid their shipping fee, We would be happy to help our clients with packing and send out their winning items.
Exhibition of lots
Change delivery address
You may use the carrier of your choice.
The indicated price does not include the price of the lot or the auction house's fees.
