INFORMATION FOR INTENDING BUYERS
1. Buyers Premium
A Buyer’s Premium of 16.5% (including G.S.T.) of the hammer price is payable by the buyer of all lots.
2. Successful Bids
Following the Sale successful bidders will receive from GFL Fine Art an invoice detailing purchases.
3. Advice During the Sale
GFL Fine Art staff are happy to assist or advise prospective bidders on any lot during pre sale viewing times.
4. Other Information
All works are available for payment and collection after the auction. Please read the information in the auction catalogue for specific collection times.
5. G.S.T
GFL Fine Art sell G.S.T. inclusive.
6. Surcharge
A 1.5% surcharge will apply to approved clients paying accounts using major credit cards.
Registration
You can register to bid during the viewing and prior to the auction at the reception or by asking one of our staff members. Registration is as simple as filling out a form, if you can not make it in person to the viewing or auction you can register by emailing a telephone and absentee bidding form available for download by clicking here. Alternatively you can directly email info@gflfineart.com to organise bidding arrangements. If you wish to bid via invaluable, visit the website and follow the prompts.
Bidding in Person Once you have registered to bid with GFL you will be issued with a buyers number that links you to our sale, in order to participate simply raise your buyers number so that it is clearly visible to the auctioneer, if your bid is successful the auctioneer will acknowledge your number as the winning bid.
Telephone Bidding Enables you to participate in our auction without the requirement to attend, lodgement of a telephone bid can be undertaken at our auction viewings, via telephone or online. GFL will assign a consultant to you and that person will contact you as your lot of interest is approaching offer, they will then bid live with you via telephone, if you are successful the auctioneer will acknowledge your number as the winning bid.
Click here: Telephone or Absentee Bidding Slip to download a printable registration form to fill out and submit via email (info@gflfineart.com).
Absentee Bidding As with telephone bidding absentee bidding enables you to participate at our auction without the requirement of your attendance, similarly lodgement of an absentee bid can be undertaken at our auction viewings, via telephone or online, however in the instance of an absentee bid your bid amount (excluding buyers premium 16.5%) is lodged with our auctioneer who then advances bidding on your behalf, and your bid will be executed as cheaply as possible.
Click here: Telephone or Absentee Bidding Slip to download a printable registration form to fill out and submit via email (info@gflfineart.com).
Online (live) Bidding
GFL Fine Art offers live online bidding via Invaluable.com. How online bidding works: Using Invaluable.com enables you to view our auctions live in real time and to place bids which are automatically submitted to GFL on your behalf, our staff receive those bids and submit them to the auctioneer during the sale, successful bids attract a 5% Invaluable.com fee. Membership to Invaluable.com is free and access to our auctions is unlimited. Click here to go to Invaluable
Bidding Increments Guidelines
The following bidding intervals are generally used subject to the auctioneer’s full discretion. Interval: AUD $0 – $199 by $10 AUD $200 – $499 by $20 AUD $500 – $999 by $50 AUD $1,000 – $4,999 by $200 AUD $5,000 – $9,999 by $500 AUD $10,000 – $19,999 by $1,000 AUD $20,000 – $49,999 by $2,000 AUD $50,000 – $99,999 by $5,000 AUD $100,000+ by $10,000.