Bidding online
The online auction system is an automated online-only
auction which takes place on our website (www.gormleysartauctions.com).
Each sale will commence at a designated time and date and will run for a
specified number of days. The sale will end with each lot finishing at on
minute intervals up until the completion of the auction (Please note: Each
individual lot displays a unique end time).
Should a bidder be outbid, they will be notified, and if the
lot is in its last two minutes the end time will extend by two minutes, to give
the bidder time to consider raising their bid amount.
You may leave a maximum bid which will instruct
the computer to bid on your behalf only as much as required for you to remain
the highest bidder up until your maximum amount. This means that you may win an
item for less than your maximum bid, however you can also be outbid if someone
enters a higher maximum bid. Please note: Only you will know what your
maximum bid is.
If your maximum bid amount matches that of another bidder,
precedence will be given to the bidder who first placed the amount in question.
If buying online it is the purchasers responsibility to
ensure that they have satisfied themselves with the condition of the lot.
Buyer's Premium
The buyer shall pay the auctioneer a commission of 22.5% of
the hammer price. VAT is payable only on the commission at the prevailing rate.
Bidding Increments
Bidding increments will be as follows: 0-200 in 10s; 200-500
in 20s; 500-1300 in 50s; 1300-4000 in 100s; over 4000 in 200s.
Both require you to register at www.gormleysartauctions.com
Payment
All purchases must be paid for within 7 calendar days of the
sale. Goods will only be released upon clearance through the bank of all monies
due. We accept all major credit or debit cards, cash, cheque or bank transfer.
Collection
Collection of purchases is at the responsibility of the
buyer. We are happy to assist the buyer with collection in our Belfast or
Dublin galleries; however goods remain at the buyers risk from the fall of the
hammer.
Purchases may be collected in our Belfast gallery from the
day after a sale provided payment is made in person or
already cleared. Alternatively, we can arrange for collection in our
Dublin gallery, however it may take a number of days for the items to arrive
for collection. You will be notified when the paintings are available for
collection and all items must be collected within 7 calendar days of
notification or a storage charge will be levied.
Regardless of collection all items must be paid in full
within 7 calendar days.
Shipping
Packaging and shipping is available at the purchasers’
expense. For a quote please contact us. International and priority shipping can
be facilitated.
Artist Resale Rights
Northern Ireland -
Artist resale rights are applicable to all works of a living
artists and artists who are deceased less than 70 years that reach a hammer
price over £1,000 at a rate of up to 4%*.
Republic of Ireland -
Artist resale rights are applicable to all works of a living
artists and artists who are deceased less than 70 years that reach a hammer
price over €3,000 at a rate of up to 4%*.
*Artist resale rights vary on the following scale:
| Percentage | Resale Price (Euro) |
| 4.00% | Up to 50,000 |
| 3.00% | Between 50,000.01 and 200,000 |
| 1.00% | Between 200,000.01 and 350,000 |
| 0.50% | Between 350,000.01 and 500,000 |
| 0.25% | In excess of 500,000 |