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Sales conditions & Insurance

Where does the sale take place?

The sale is held exclusively on-line in www.theauction.online

When does the sale take place?

The Auction starts on June 25 at 09:00AM and ends at June 26 at 8PM CET.

Extra Time rule

The end of the sale is set from 08:00PM CET. The \\\"extra time\\\" rule is applied to this sale. Each bid placed 5 minutes before the end allows all other bidders 5 extra minutes to place a final bid. The end of the sale is therefore postponed to 8:05pm (8:00pm + 5 minutes). This rule applies as many times as necessary.

Where and how can I bid?

To register as a bidder, please click on the \\\"register to bid\\\" button in the top right hand corner of the home page.

After processing your request, The Auction will send you a personal password allowing you to log on to the secure bidding platform.

What commission and taxes apply?

Buyer’s commission is 10% +VAT, applicable to the amount of the final bid.
VAT applies on buyer’s commission at a 21% rate.
VAT applies on the hammer price at the VAT rate of the seller\\\'s country, except in the case of horses sold without VAT – this mention is carried on each lot’s presentation page

How do I pay?

Auction sales are considered to be paid cash. As a result, each purchaser must contact The Auction accounts department immediately after the end of the sale and proceed to payment by wire transfer .

Terms and conditions of sale