Buyer's premium: In addition to the final bid price for each lot, you agree to pay Christie's the buyer's premium, together with any applicable value added tax in the place of sale. The buyer's premium for each lot sold is 25 of the final bid price and the VAT applicable to such amount is 20 of the buyer's premium.
Payment Instructions: You must pay the full amount due (comprising the hammer price, buyer's premium and any applicable taxes and shipping or delivery fees) no later than 04 December 2012. This applies even if you wish to export the lot and an export license is, or may be, required. You will not acquire title and own the lot until all amounts due to Christie's have been received by us in full and cleared funds even in circumstances where Christie's has released the lot to you.
Payment method: You may pay for any lot bought in Christie's online-only auction by means of an online payment only. Upon the closing of the online only auction you will be notified about how to access the online page for payment. We accept Visa, Mastercard, Amex and China Union Payment (if the card shows the Visa or Mastercard logo). We only accept payment from the registered bidder
Partial payment of a lot, or payment across multiple credit cards for a single lot, will not be allowed. If you purchase multiple lots, you may purchase one lot with one credit or debit card and another lot with a different credit card but you will need to go through separate check-outs. Please contact Christies on +44 (0) 207 839 9060 if you have any queries with regard to payment.
VAT: All lots shall be sold as part of the margin scheme unless stated with the Omega symbol (?) or with the words "Omega Lot". Margin Scheme lots have VAT applicable to the buyer's premium at the VAT rate of 20 If the lot is marked with the Omega symbol (?) or with the words "Omega Lot" it is on Temporary Admission to the EU and VAT is payable at 20 on the final bid price and 20 on the buyer's premium. You are responsible for any VAT (including any Import VAT) payable as a result of the sale of the lot. VAT charges and refunds depend on the particular circumstances of the buyer. In all circumstances EU and UK law takes precedence. For the purposes of this online-only auction the VAT amount in the buyer's premium for EU private buyers cannot be refunded. For buyers outside the EU, VAT may be refunded if certain conditions are met including showing proof of a 'controlled' export outside the EU within 30 days of collection (for lots marked with the Omega symbol (?) or with the words "Omega Lot" on Temporary Admission) and for all other lots proof of export within 3 months of collection. For buyers outsider the EU where items are shipped outside the EU through Christie's Art Transport you will not be required to pay the VAT at settlement. Please contact Christie's Client Services on +44 (0) 207 839 9060.
Storage and Collection of your purchased lots: Subject to paragraph 5(f) above, unless otherwise directed by you, Christie's will store your lot, free of charge until 4 December 2012. You must pay for your lot before it will be made available for collection. In-person collection of an item is permitted via appointment and on proof of payment.
It is your responsibility to pick up purchases or make all shipping arrangements. After payment has been made in full, Christie's can arrange packing and shipping at the buyer's request and expense. Please contact Christie's administration department to be informed where your item is located for collection and for shipping enquiries on +44 (0) 207 839 9060.
Shipping: In addition to the final bid price, buyer's premium and any applicable VAT, you will be asked to pay the applicable shipping and insurance charge in order for Christie's Art Transport arrange the transport and insurance of your purchased item from London to your selected shipping address. If you do not wish to use the services of Christie's Art Transport or wish to collect your item in person please contact Christies on +44 (0) 207 839 9060.
Although we shall use reasonable efforts to take care when handling, packing and facilitating any shipment of a purchased lot, neither Christie's is responsible for any acts or omissions of any third party retained for these purposes, including, without limitation, any packing, shipping or delivery of purchased lots. Similarly, where we may suggest any third party handler, packer or carrier if so requested, we do not accept liability for their acts or omissions.