HOW DOES IT WORK?
Before the auction
You should consult the lots on sale as shown in the sales catalogue, where you’ll find a description, one or several photos and an estimated sales price.
The public viewing dates are shown in the general information section for each auction.
During the auction
The system used for the public auction of movable items is an ascending bidding system based on a reserve price decided by the auctioneer.
This reserve price takes into account the estimated value of the item.
Bids may be placed in several different ways:
The usual method for participating in the auction is to be present in the auction room.
However, if you can’t be there in person, numerous possibilities are available:
– leave a fixed price purchase order with the office (include a link to PO): in this case the auctioneer will bid on your behalf up to the amount you have specified.
– bid by telephone: to do so, you’ll need to complete a purchase order, stating that you wish to be called, along with the numbers of the lots of interest to you
– you can also submit purchase orders via the Interenchères and Drouot.com websites.
In this case, you should consult the registration terms directly on the website concerned.
– finally, you can also bid live, by registering on interencheres-live or drouot-live.com depending on the website chosen for the auction.
Auction fees
For court-ordered auctions, the auction prices are increased by additional costs of 11.96% ex VAT i.e. 14.28 inclusive of VAT.
For voluntary auctions, the costs are set on a case-by-case basis and vary from one auction to another. You should consult the information shown in the general information section for the auction.
Paying the bills
The bills of sale should be settled on the spot immediately after the auction, with payment covering all prices and costs.
In cash: up to €1,000 per bill of sale by French citizens and persons acting on behalf of a company.
Up to €15,000 for foreign citizens upon presentation of their identity papers and on condition that they are acting as private individuals.
By credit card:VISA and MASTERCARD, on-site or remotely via the online payment link on our website.
By bank transfer.
Removing or collecting your purchased items
Purchased items may only be removed after payment in full has been received.
The dates on which the lots may be removed from the site will be announced in the general terms of sale for each auction.
The auctioneers do not handle shipment themselves but they can possibly propose putting you in touch with hauliers for certain sales.