Auction Details
Bid Increments
PriceBid Increment
$0$25
$300$50
$1,000$100
$2,000$250
$5,000$500
$10,000$1,000
$20,000$2,000
$50,000$5,000
$100,000$10,000
$200,000$25,000
Preview
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New York, NY 10001
USA
Buyer's Premium
- 20% up to $32,000,000.00
- 12% above $32,000,000.00
Terms & Conditions
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Taxes
The Buyer shall pay (value added) sales tax in the amount of 5% of the Hammer Price with respect to imported works of art collected by the Buyer in Taiwan pursuant to the laws of the R.O.C. The Buyer is not required to pay sales tax if such imported works of art (with marks by the number in the catalogue) are delivered to the buyer outside the R.O.C. and are handled by Ravenel for the relevant shipments. The buyer shall notify Ravenel in writing within two business days following the auction day if he desires to collect the items auctioned outside the R.O.C.
All the payments payable by the Buyer to the Company do not include any commodity or service taxes or any other value added taxes (whether imposed by the Taiwanese government or elsewhere). The Buyer should be responsible for paying any applicable taxes as required by the law.
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