Special Terms and Conditions
The auction date is Saturday May 24th 2025.
The auction start at 10am (Brussels time).
The auction house is located at Gruuss-Strooss, 19 - L-9991 WEISWAMPACH (Luxemburg).
NO PRESENCE IN THE AUCTION ROOM – ONLINE AUCTION ONLY.
It will be possible to bid online on DROUOT DIGITAL, INVALUABLE, EPAILIVE and BEIJING CHENG XUAN AUCTION.
A. The General Terms and Conditions of Sale apply.
B. The lots will be sold without guarantee, "as is". Descriptions and information (weight, measurements, material, condition, etc.) are given for information only. (PLEASE CHECK THE INFORMATION YOU CONSIDER ESSENTIAL BEFORE THE SALE).
C. Winning bids will be confirmed to buyers. They will be asked for their choice of payment. Payment for winning lots must be made immediately. In accordance with articles L. 222-4, L. 222-9 and L. 222-10 of the French Consumer Code, the buyer/consumer has a right of withdrawal. The buyer/consumer has a period of 14 days following receipt of the lot(s) purchased to exercise his/her right of withdrawal. After collection of the lot(s), the condition for exercising this right of withdrawal is the request, prior to the sale, for confirmation of the information/description elements that appear essential. The lots are supposed to be collected from our offices in Tongeren. The right of withdrawal does not apply (even if the information has been confirmed) to precious metal items (gold, silver, platinum, ...), precious stones (diamond, pearl, ...) and perishable goods (wine, ...).
D. The purchaser will pay, in addition to the bid, 32% fees (all taxes included).
E. No additional charges linked to the method of payment.
F. PICK-UP :
Lots must be collected from our premises in TONGEREN.
F.1. Paid lots are expected to be collected within 15 days of payment. If this time limit is exceeded, the buyer will be required to pay a fee of 5 EUROS per day and per item, inclusive of tax, until the lots are collected.
G. PURCHASE ORDERS : Orders may be placed by letter, Internet or telephone up to 24 hours before the start of each sale.
H. PAYMENT : cash, bank transfer, credit cards, in EUROS.
I. The auction steps are as follows :
- from €1 to €25 : by €1
- from €25 to €50 : by €5
- from €50 to €100 : by €10
- from €100 to €300 : by €20
- from €300 to €1,000 : by €50
- from €1,000 to €2,000 : by €100
- from €2,000 to €4,000 : by €200
- from €4,000 to €10,000 : by €500
- from €10,000 to €100,000 : by €1,000
- from €100,000 to €500,000 : by €5,000
J. RESALE RIGHTS - extract from the grand-ducal regulation of 25 August 2006 on resale rights.
Art. 3 The minimum sale price above which droit de suite is levied is 3,000 euros, exclusive of tax.
The resale right is set as follows :
- 4% for the first 50,000 euros of the sale price, excluding tax
- 3% for the portion of the sale price, excluding tax, between 50,000.01 and 200,000 euros
- 1% for the portion of the sale price, excluding tax, between €200,000.01 and €350,000
- 0.5% for the portion of the sale price, excluding tax, between 350,000.01 and 500,000 euros
- 0.25% for the portion of the sale price, excluding tax, in excess of 500,000 euros.
However, the total amount of droit de suite may not exceed €12,500.
