Buying
Before the auction there is an exhibition during which the purchaser can examine the lots, verify their authenticity and the conditions of their preservation.
Our room personnel and our experts will be at your disposal for all clarifications.
The people who cannot examine the works directly can ask a digital picture of the lot they are interested in, together with a detailed description of their conditions of preservation. This information reflects exclusively opinions and no employee can be held responsible of possible mistakes or omissions. This service is available for the lots with an estimate higher than € 1.000.
The descriptions on the catalogue indicate the period and the provenance of each object and their conditions of preservation and represent the opinion of our experts.
The estimates under the descriptions represent the evaluation that our experts assign to each lot.
The starting price of the auction is the price from which the auction starts and normally it is lower than the minimum estimate.
The reserve price is the price agreed with the seller and it can be inferior, equal or superior to the estimate indicated in the catalogue.
The beats in the saleroom progress with raisings of 10%, which can change at the auctioneer’s discretion.
The hammer price is the price of adjudication.
For each individual lot awarded, the successful bidder must pay Cambi both the hammer price and the buyer’s premium (inclusive of VAT, where required by law), calculated as follows: (i) 30% on the portion of the price up to €3,000; (ii) 26% on the portion of the price exceeding €3,000 up to €100,000; (iii) 23% on the portion of the price exceeding €100,000 up to €300,000; (iv) 20% on the portion of the price exceeding €300,000. The successful bidder shall also be required to pay Cambi any additional charges and expenses, where provided for in the Conditions of Sale.
People interested in buying one or more lots can take part in the auction using a personal number (valid for all the sessions of the auction) which will be given after the filling of a participation form with personal data and possible bank references.
People who cannot take part directly in the sale can use our service of written bids, placing an absentee bid completing the form in the catalogue or directly at Cambi’s.
The price indicated is the maximum bid, meaning that the lot could be assigned to the bidder also under this amount, but if there will be higher bids, the object will be assigned to another bidder.
For bidders who wants to offer at least the minimum price on the lot, it is possible to take part in the auction by telephone. For the other lots it is necessary to make a preventive written bid equal to this amount. One of our telephonists will contact you, also in a foreign language, to let you take part in the auction on real time for the lot of your interest. The phone call could be registered. We advise you to indicate a maximum bid also when you ask to be contacted by telephone, in case we could not reach you at the moment of the auction.
The service of written and telephonic bids is free of charge by it does not imply any responsibilities for bids accidentally not placed or for possible mistakes regarding their carrying out. To consider them valid, Cambi must receive all bids at least 5 hours before the auction.