The sale is conducted by:
Rob Michiels Auctions
RM-Auctions bv
Address: Genthof 9, 8000 Bruges, Belgium
VAT: BE 1003.040.178
Tel.: +32(0)50 343603
E-mail: info@rm-auctions.com
Sales are conducted by auction according to the Belgian law.
All sales are final and irrevocable. Cancellations and/or refunds are impossible.
Payments for lots purchased are expected within 5 working days after the last day of auction. Invoices remaining unpaid or only partly paid, 30 calendar days after the auction, will be subject to the following late payment interest fees:
On day 31: Administrative fee of 25 Euro per lot and a late payment fee of 1.5% of the total invoice amount.
Per additional 14 calendar days: an additional late payment fee of 1.5% of the total invoice amount.
These fees do not cover storage fees, which are explained further in this document.
According to Belgian anti-money laundering laws, amounts from €3.000 can not be settled by cash payments.
Bidding increments are:
0-100 Euro: + 10 Euro
100-1000 Euro: + 50 Euro
1000-2000 Euro: + 100 Euro
2000-5000 Euro: + 200 Euro
5000-20000 Euro: + 500 Euro
20000-50000 Euro: + 2000 Euro
50000-100000 Euro: + 5000 Euro
+ 100000 Euro: + 10000 Euro
Alterations of the bidding increments are possible at the auctioneer's discretion. Commission bids or absentee bids which don't comply with these increments will be rounded up or down to the nearest bid amount following these increments.
Sales commission is 30%. This means that the final price to be paid will be the hammer price plus 30% of the hammer price.
External partners allowing their clients to bid with us, may charge a fee for this, which will then be added to our sales commission. These fees vary per partner and are subject to change at the partner's discretion.
Goods are sold "as is" at the moment of adjudication.
All statements made by the auctioneer, be it in writing, digitally or orally, are not to be relied on as statements of fact. They are only an opinion, given to the best of our knowledge and are for guidance only. The buyer is due to verify the condition of the goods by personal inspection.
Anyone damaging goods during viewing days or at any other moment, is obliged to inform us. Failure to do so may result in legal action.
After adjudication the buyer is responsible for his/her purchases. The auctioneer will guard and store the items(s) to the best of his ability but can not be held liable for any damage occurred after adjudication.
Every buyer needs to provide identification. A bidding number can be acquired during the viewing days and before the auction.
Each person is assumed to bid on his own account. Bids are binding contracts. In default of payment, liability to another person will not be accepted.
With the exception of lots being marked as imported from a non-EU country (marked with *), all goods in the auction are free from Belgian VAT, because of the differential margin regulation.
The auctioneer acts as mandatary of the seller. The buyer enters into a buying contract with the seller.
The auctioneer reserves the right to refuse any bid or bidder without explanation.
The auctioneer may arrange a sequence of the lots or catalogue numbers at his own discretion. He may combine lots, separate lots, advance the bidding at any rate, change minimum prices, refuse to acknowledge any bidder, refuse to accept any advance, or recall a lot even after adjudication.
During the auction the acting bailiff or notary confirms the adjudication. Once confirmed, the adjudication is definitive and binding. Any dispute occurring during the auction can only be resolved by the acting bailiff/notary. His or her decision is definite and irrevocable.
The international rules on copyright law (droit de suite) oblige us to require an extra premium on the hammer price of original works of art made by still living artists, or within seventy years after his or her decease. The premium is required only on hammer prices from €2.000.
Collection of purchases is only possible after full payment. Goods not collected within 14 calendar days will be subject to a storage fee of €1.50 per item per day.
We accept payments by means of:
Cash (under €3.000)
Bank transfer (IBAN: BE33 7370 7443 8146, BIC: KREDBEBB, Account: RM-Auctions)
Credit/debit cards and Unionpay. Non-EU cards subject to 3% surcharge.
We can assist with shipping quotes. Both foreign and national buyers can bid by telephone or online. We strongly suggest sending a back-up absentee bid.
Foreign buyers will need to identify themselves at least 24 hours before the auction. A bank guarantee or deposit may be requested.
In case of non-payment the lots may be re-offered. The non-paying bidder must reimburse any difference.
Every buyer must comply with import regulations of their destination country.
Temporary Importation: Lots imported from outside the EU are marked with an asterisk. If the lot remains within the EU, 6% import VAT will be charged on the hammer price.
Every participant agrees to these conditions. Any dispute shall be governed by Belgian law; only the justice court in Bruges has jurisdiction.