Bidders are advised to carefully read through the Conditions of Business prior to participating in the auction. We invite you to contact us should you have any questions or view our FAQ page for further details.
Following a successful purchase at auction, bidders are advised that payment is due in full on or before 17:00 of the next business day following the auction. Payment is to be completed via wire transfer. The successful bidder will receive a copy of their bill of sale and instructions to remit payment via email.
ADDITIONAL FEES TO BE CONSIDERED
In addition to the final bid amount, a buyer’s premium is due on each lot purchased. This fee is clearly displayed under the ‘Additional Information’ tab on each lot page when viewing on rmsothebys.com and applies to the final hammer price achieved at auction. Please note VAT is applicable on the buyer’s premium.
Buyers are responsible for any applicable duty and/or local taxes on any lots purchased. International bidders are advised to inform themselves of potential import duties that would be due upon the arrival of the lot to its final destination. You are advised to speak with your local representatives in advance of the sale to understand what these costs may be. The location of the lot is clearly indicated on each lot page when viewing the site.
Buyers are required to make immediate arrangements for the collection and transport of purchased lots. It is the buyer’s responsibility to make their own arrangements, but RMS is pleased to offer our clients the services of the following companies:
All lots will be removed to a secure storage following the sale. Lot removal and storage fees will be applicable as outlined in the Bidder’s Conditions of Business.
RMS’ official insurance partner is AIG Private Client Group, the market-leading, specialty insurance provider. For more information, please visit: