Sales conditions & Insurance

The Auction is organised by ARQANA, which is registered as a Société de Vente Volontaire in France. The sale takes place in Hong Kong.
Simultaneously, the sale is streamed live on www.theauction.online and registered buyers may bid online.

Bids may be placed by:

• Attending the sale in Paris or mandating a representative to attend and bid on one’s behalf
• Logging in on www.theauction.online

In any case, anyone who wishes to bid at The Auction is required to have registered with ARQANA prior to the sale. Unregistered attendees shall not be allowed to bid on the day.
Registration form
Buyers intending to bid online will receive a personal access code to log on to the secure platform.

Buyer’s commission is 6% +VAT, applicable to the amount of the final bid.
VAT applies on buyer’s commission at a 20% rate.
VAT applies on the hammer price at a 20% rate, except in the case of horses sold without VAT – this mention is carried on each lot’s presentation page.

Auction sales are considered to be paid cash. As a result, each purchaser must contact ARQANA’s accounts department immediately after the fall of the hammer and proceed to payment by wire transfer or check.
Transfer of ownership happens at the fall of the hammer. It is the purchaser’s responsibility to insure his/her purchase immediately after the sale.

The organisers of The Auction have negotiated a specific policy with renowned practice Catherine de Buyl. The contract covers mortality of the fetus from the day of the sale until 120 days after birth, with the insured capital being doubled for free if the foal is healthy after 48 hours. Complementary policies are available as part of the Breeding Package.
Click here to download the insurance form.
For any query on insurance, please contact info@theauction.online

Horses sold return to their vendor's stables after the sale and remain there until full payment has been received by ARQANA.
Upon reception of the payment, ARQANA shall authorize the buyer to collect the horse.