Sell hammer auction
After an initial contact, our specialist in the area concerned inspects the object. The specialist starts by compiling all the known facts about an object and placing it in a context of art history. Occasionally, we look at the actual market situation to determine whether there are any prospective buyers. When we are finished, we present the results of our analysis and our opinion of the object’s quality. We provide information about what we consider to be a likely market price and propose a suitable bidding price based on previous auction results for similar works of art in Sweden and abroad. Naturally, we take account of your expectations and compare them to the current demand situation.
On having decided to sell, you submit the item with your local auction house. If you wish to have your item picked-up, please contact your auction house for further assistance. Our specialists then write a descriptive catalogue text and draft a condition report. The object is photographed by our skilled photographers before it is finally published at an auction.
When an item is sold on hammer auction there are several ways to bid: by bidding in the sales room at Nybrogatan 32, Stockholm, by absentee bid, live online or by telephone.
Terms of Sale & Commissions
Unless otherwise agreed, each auctioned item is charged a 15% seller’s commission, including VAT, of the hammer price. In addition, a photo fee from SEK 300, including VAT, is charged. For large consignments, the commission is negotiable. For insurance purposes, 1.25% of the reserve price is charged. The selling price is paid 30 days after the auction is completed.
Objects that fail to be sold at an auction must be picked up or put on auction again no more than five days after an auction has been completed. If this type of object is not picked up by the time prescribed, we reserve the right to put the object on auction again at a reduced bidding or reserve price or donate the objects to an auction where the proceeds go to charitable purposes.