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Upcoming Auction
June 15

Auction terms & conditions

• All descriptions are reliable and accurate and each lot is sold as genuine and authentic, unless the contrary is indicated. The Buyer may return the lot for full refund if it is declared not as described, provided such lot is received back within seven (7) days maximum from the date of sale, in the same condition as it was in the time of sale. No lot shall be rejected if subsequent to the sale it has been immersed in water, or treated by any other process. No lot illustrated in the catalogue shall be rejected on the ground of cancellation, centring, margins, perforation or other characteristics apparent clearly from the illustration. Lots which have been examined by the buyers before the auction cannot be returned. Also, lots purchased in the auction-hall cannot be returned after leaving the place.

• The auctioneer reserves the right at his absolute discretion to combine any two or more lots, to divide any lot or to withdraw any lot. All lots belong to different vendors and are sold on commission. Each lot is put up subject to the starting price imposed by the vendor. Any offer below the starting price will not be considered.

• The auctioneer reserves the right at his absolute discretion to refuse any bid and bid on behalf of clients, but shall not be liable for errors or omissions in executing instructions to bid. Any buyer could be excluded if he is not a person of good faith, according to the auctioneer’s opinion.

• The auctioneer reserves the right to photograph or otherwise produce an image of the lot. All rights in such an image will belong to auctioneer and he shall have the right to use it in whatever way he sees fit.

• The auction is carried out in EUROs (€) against cash payment. Foreign money accepted at the rates of exchange on the day of sale.

• Bidding opens at the starting price, in absence of higher bids, and determined by the announcer in the following bidding increments:
10 to 30 € in steps of 1 €
30 to 60 € in steps of 2 €
60 to 150 € in steps of 5 €
150 to 300 € in steps of 10 €
300 to 600 € in steps of 20 €
600 to 2000 € in steps of 50 €
Above 2000 € in steps of 100 €.

• A Buyer’s premium of 18% plus 0,50 € per lot plus the appropriate VAT on charges will be added to the sale price and is payable by the buyer as part of the purchase price. The purchase price is due at once from bidders on receipt of the invoice.

• If auctioneer receives bids on a particular Lot for identical amounts and at auction these bids are the highest bids for the Lot, it will be sold to the person whose bid was received first.

• The bidder is responsible for the invoice’s payment. In case buyer fails to make payment within twenty (20) days from the date of the sale, auctioneer has the right to cancel the sale of the lot or any other item sold to the buyer at the same auction.

• The placing of a bid will be taken as full agreement to the above conditions. Any dispute between the contracting parties shall be subject to Greek law and to the jurisdiction of the competent Court in Thessaloniki.

Sample invoice

A buyer wins three (3) Lots with total value of 100,00 € 

Hammer price 100,00 €
Commission 18% 18,00 €
Charge per lot x 0,50€ 1,50 €
Shipping cost * 3,90 €
Net Total 23,40 €
V.A.T. 24% 5,61 €
Total Amount Due 129,01 €


* Shipping costs vary according to the delivery area, size & weight of the Lots.