Conditions of Sale
International Art Centre conducts it’s auctions in accordance of the Auctioneers Act 2013.
The highest bidder shall be the buyer. In the event of any dispute as to the bidding in respect of any lot, that lot may be offered again at the discretion of the auctioneer whose decision shall be absolute and final.
The auctioneer has the right:
- to refuse any bid;
- to advance the bidding at his absolute discretion;
- to place a reserve on any lot;
- to place a bid or bids on behalf of the seller;
- to withdraw any lot from sale;
- to require a successful bidder to pay forthwith the whole or any part of the purchase price
The auctioneer acts as the agent of the seller and neither he nor the seller shall be responsible for any defects or faults in any lot or for any errors of description or for genuineness or authenticity of any lot and no compensation shall be paid in respect of same.
From the time of lot being sold, such lot will be the responsibility of the buyer.
Successful bidders are required to pay for purchases immediately on completion of sale, unless otherwise arranged. Payment to be made by cheque, bank cheque, telegraphic transfer, eftpos or cash.
Each lot shall be paid for and removed at the buyers expense within 48 hours of the auction failing which the auctioneer and/or the seller shall have the right to forfeit any deposit paid by the buyer and to resell the lot either by public or private sale and any deficiency on costs of resale shall be borne by the defaulting buyer.
Bids placed via the website are absentee bids - These bids are made through the auctioneer who will execute to purchase as cheaply as permitted by other bids and reserves, if any. Absentee bids are also accepted by fax (09) 307 3421. A bidding number is required before making an absentee bid - please contact us and we provide you with a bidding number. Contact firstname.lastname@example.org
Telephone bidding available to subscribers. There is no charge for this service. Call 64 9 379 4010 to arrange this before 3 pm on day of sale.
Eftpos: Available for transactions $2,000 or less which is the banks daily limit. For transactions less than $4,000 a 50% deposit on the evening and balance following morning is acceptable as long as the goods remain on our premises.
Bank deposits: Please ask for our bank details to be faxed or emailed if you wish to pay by direct debit. Quote the Lot number(s)
Cheques: Accepted by known clients of International Art Centre or at our discretion. When posting cheques please ensure they are sent to the following address:
International Art Centre
PO Box 37 344
Make cheque payable to "International Art Centre"
Credit cards: 2% surcharge applies to Visa & Mastercard. American Express not accepted.
Freight & Packing
International Art Centre will gladly arrange in house or professional packing and international, national or local freight at cost. Please arrange insurance on your items prior to them leaving our premises. In some cases, we may be able to arrange delivery ourselves within the Auckland area.
N.B. 17.5% Buyers premium plus GST (20.12% total) on premium applies to all items purchased.