Buyers

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ARTES' Auction Runs Continuously Throughout the Year
Extended Viewing Time for Lots
0 % Premium for Sellers /
8-12 %* Premium for Buyers (*Extra Benefits Included)
Price Offer / Buy Now / Seller's Estimate Options Available

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Estimates:

Estimates are for guidance only; bidding will have a starting price at or around the low end of the estimate. ARTES has two kinds of estimates (we will not always give an estimate for the “Price Offer” phase):
1. ARTES estimates reflect an opinion only and do not (and nor does the Seller) guarantee the quality, state of repair, condition, history, and/or value of a lot)
2. The Seller’s estimate reflects the opinion of the seller and does not (and nor does the Seller) guarantee the quality, state of repair, condition, history, and/or value of a Lot. ARTES does not necessarily share the Seller’s opinion. Each Lot will bear a mention about which estimates apply (excepting the “Price Offer” Lots).
Each Lot has a ‘Reserve’ Price, below which it will not sell (the reserve is a confidential minimum figure agreed with the owner of the Lot).
When the reserve price has been met, the price shown will change from red to green.

Buyer's Premium

A premium will be added to the final bid price for each Lot. The Buyer’s Premium* is calculated on the Hammer Price or the Buy Now Price as follows:
a. fifteen per cent (15%) of the Hammer Price when the Hammer Price is equal to or less than 50,000 CHF, or
b. fifteen per cent (15%) of 50,000 CHF plus fourteen per cent (14%) of the amount exceeding 50,001 CHF when the Hammer Price exceeds 50,001 CHF and is equal to or less than 150,000 CHF, or
c. fifteen per cent (15%) of 50,000 CHF plus fourteen per cent (14%) of the amount exceeding 50,001 CHF when the Hammer Price exceeds 50,001 CHF and is equal to or less than 150,000 CHF plus thirteen per cent (13%) of the amount exceeding 150,001 CHF when the Hammer Price exceeds 150,001 CHF and is equal to or less than 1,500,000 CHF, or
d. fifteen per cent (15%) of 50,000 CHF plus fourteen per cent (14%) of the amount exceeding 50,001 CHF when the Hammer Price exceeds 50,001 CHF and is equal to or less than 150,000 CHF plus thirteen per cent (13%) of the amount exceeding 150,001 CHF when the Hammer Price exceeds 150,001 CHF and is equal to or less than 1,500,000 CHF plus twelve per cent (12%) of the amount exceeding 1,500,001 CHF when the Hammer Price exceeds 1,500,001 CHF.

Consumption tax (VAT) shall be added to the premium.
If the buyer is the first to bid on the Lot as well as the last to bid (and wins the Lot) there will be a 1% reduction on the Buyer’s Premium.

(*Extra Benefits are not included)

Reserve Price

The Reserve Price is a confidential minimum price agreed by ARTES and the owner of the Lot (Seller), below which the Lot will not be sold. The exact amount of the Reserve Price is confidential.
When the Reserve Price has been reached or exceeded, an indication of "Reserve Met" appears on the Lot’s description on the web page and the colour of the message changes from red to green.

The Prospective Seller can set a Reserve selling price (hereinafter "Reserve Price") for his/her property upon due consultation with ARTES. The Reserve Price shall not be indicated in the auction.
ARTES can set an estimate price range by its own judgment in consideration of the Reserve Price.
The final agreement about the estimate price and all other additional contract clauses will be made after ARTES has made a detailed personal examination of the Lot (instrument, bow, or other).
The Prospective Seller can also set his/her Reserve Price (hereinafter "Reserve Price") as well as an estimate of his/her property without due consultation with ARTES. The Reserve Price shall not be indicated in the auction.
There will be a mark on the web page to show that a certain Lot is sold with a Seller price.

Lot Descriptions 

Lots are described according to the following terms:
• Fine: of exceptional materials and/or workmanship;
• Important: of historically significant provenance or authorship;
• Good: of good quality materials and /or workmanship;
• Rare: a work of high quality that is unique or unusual;
• Interesting: a work that invites speculation but lacks a definite attribution;
• Contemporary: by a living maker or believed to be less than 30 years old.

Attributions and Authorship

Authorship is described in the following ways:
• By Nicolo Amati*: Based on its best judgement, ARTES believes in their best judgment that this work was made by this maker and guarantees it to be so;
  • Attributed to Nicolo Amati: A work believed to be by this maker by popular consensus or past opinion, but not by ARTES;
• Ascribed to Nicolo Amati: A work believed to be by this maker in the opinion of the authors of the accompanying certificates or letters, but not by ARTES;
• Probably (or possibly) by Nicolo Amati: A work about which there is divided opinion;
• Under the direction of Nicolo Amati: A work executed under the guidance of and with the direct involvement of this maker;
• Workshop of Nicolo Amati: A work executed in the style of this maker, most probably under his supervision and with his involvement;
• Circle of Nicolo Amati: A work believed to be by someone associated with the maker, working under his direct or indirect influence;
• School of Nicolo Amati: The work of a follower of the maker or region stated;
• Labelled (or stamped, branded) Nicolo Amati: An instrument not necessarily the work of the maker stated but labelled or branded as such.
*The name of Nicolo Amati is only an example

Condition Reports

Where ARTES makes any statement describing a Lot, whether in a Condition Report or otherwise, ARTES merely expresses an opinion and does not (and nor does the Seller) guarantee the quality, state of repair, condition, history, and/or value of a Lot.
The Buyer acknowledges that ARTES is not responsible for any fault or defect in any Lot and that each Lot is sold as seen.
ARTES sells certain Lots with a written opinion of authenticity. Where no such opinion is provided, the Buyer shall not have the right to contest the authenticity or origin (including the country of origin) of any Lot where ARTES has stated that the origin of the Lot is unclear by using terms such as ‘school of’ or ‘attributed to’.
It is the Bidder’s responsibility to determine the veracity and importance of these factors before bidding for any Lot and the Bidder shall rely on his/her own inspection of the Lot prior to the Auction.

First in, Last out, 1% Reward:

Be the first AND the last bidder on a certain Lot and you will pay a reduced buyer’s premium (-1%).

Bidding History

ARTES website provides complete bidding histories for all Lots. The bidding history details the time and date, Bidder ID, and amount of each bid.

Web Page Refresh

The bidding information you see on your computer screen, tablet, or smartphone screen may at times be slightly out of date. ARTES Lot pages will automatically refresh; however, to make sure you are seeing the most accurate up-to-date bidding information, you can click "Refresh" or "Reload" on your browser window to request the latest bidding information from our server.

VAT

Purchases of Lots may incur VAT. Please see our VAT mention on the auction page.

Endangered Species Material

The Convention on International Trade in Endangered Species (CITES) restricts the movement of items containing materials from certain endangered species. Restrictions vary from country to county. CITES rules can affect bows or instruments containing elephant ivory parts, protected exotic wood parts or tortoiseshell frogs.
If you plan to bid on these Lots, contact us with questions at: info@artes-auctions.com. More information:

For Switzerland: Swiss Federal Customs Administration FCA
http://www.ezv.admin.ch/zollinfo_firmen/04202/04287/04293/index.html?lang=en

For Germany and Austria: Thomas Gerbeth – Bow maker and Expert
http://www.gerbeth.at/Info.htm

Authenticity Guarantee

As a guarantee of good practice, ARTES will refund, within a limited period of time, the Hammer Price and buyer’s premium of any Lots that are later discovered not to be by the maker specified in ARTES’ catalogue.