Terms and conditions for selling in the auction

REGISTRATION

When you register to sell we will ask you to provide the following documents to verify your identity:
Private individuals
A copy of:
• your passport or other government-issued photo ID; and
• proof of your residential address (such as a bank statement or utility bill) dated within the last three months
You can email your documents to paulus@swaen.com

Dealers and organizations
A copy of formal documents evidencing:
• its registered office and business address;
• its directors and any ultimate beneficial owners; and
• authorization for the individuals allowed to sell on behalf of the company, plus a copy of the government-issued photo ID for each authorized individual.
You can email your corporate documents to paulus@swaen.com.

SELLER'S COMMISSION

The seller's commission for a private seller or EU company in the margin scheme is for:
• Lot value up to euros 10,000 - 18,2% of the hammer price. (Including 21% VAT)
• For electronically consigned items we charge for a lot value up to  € 10,000 - 14,5% of the hammer price. (Including 21% VAT)
• Lot value  € 10,001 up - 9,7% of the hammer price. (Including 21% VAT)
• The items are sold in the EU margin scheme and the VAT is not listed separately on the Sellers invoice.
• There is a minimum fee of  € 10.00 per lot.
• The minimum individual lot value is  € 200.
• The commission is only due when the lot sells.

The seller's commission for an EU company not using the margin scheme is for:
• Lot value up to  € 10,000 - 15% of the hammer price (Plus 21% VAT on the hammer price payable by buyer or the seller)
• For electronically consigned items we charge for a lot value up to euros 10,000 - 12% of the hammer price. (Plus 21% VAT on the hammer price payable by the buyer or seller)
• Lot value  € 10,001 up - 8% of the hammer price. (Plus 21% VAT on the hammer price payable by the buyer or the seller)

The seller's commission  for a seller outside the EU is:
• For electronically consigned items we charge for a lot of value up to   € 10,000 - 12% of the hammer price.
• Lot value euros 10,001 up - 8% of the hammer price.
• There is a minimum fee of  € 10.00 per lot.
• The minimum individual lot value is euros 200.
A 9% VAT import tax is liable on the hammer price and will be added to the buyer's commission, in which case the buyers commission will be 30,8% (rather than the normal 21,8%); OR this 9% VAT import tax is paid by the seller and the buyer's commission will be the normal 21,8%.

• The commission is only due when the lot sells.
• You will get paid within 30 days after the closing of the auction by bank transfer in Euros or by US$ check, PayPal.
• A US$ bank transfer is subject to a nominal $50 fee. Acquisitions may be balanced offset against sales.
• Sellers can set a minimum reserve price - below which their item will not be sold.
• A reserve price can be adjusted up to 24 hours before the auction closes. However, you can adjust your reserve as low as one dollar above the received bid amount.
• You are responsible for shipping costs of the item(s) to us, and in-transit insurance. Very heavy items like books and atlases can be shipped to the buyer directly and you are reimbursed for the postage.
• In the event an item does not sell you are also responsible for the return postage and insurance.
• You should maintain insurance of your items while they are in our possession.
• The provided descriptions and images are after the auction used by Paulus Swaen, for invoicing, certificate printing and auction result publication and you agree to use them for this purpose.

You may download the written contract here .

By signing this agreement, you are agreeing to all terms contained herein.
Your signature on this agreement is also required for replacement value insurance to be in effect while your items are in Paulus Swaen Europe b.v possession.

Please contact us before bidding if you have further questions.

Paulus Swaen Europe bv
Gerrit van der Veenstraat 112 Hs
1077 EN Amsterdam
The Netherlands
Tel.: +31 (0)20 2255198

Mobile : +31 (0) 627839704
email : paulus@swaen.com

KvK Amsterdam 83585729
BTW : NL862925952B01