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Current Sales |
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Fine and Rare Wines
21 Nov 2009, San Francisco and Los Angeles |
Antique Arms and Armor and Modern Sporting Guns
23 Nov 2009, 220 San Bruno Avenue, San Francisco |
California and American Paintings and Sculpture
23 Nov 2009, Los Angeles and San Francisco |
Canadian & European Art, and Fine Silver
30 Nov 2009, Toronto |
Jewellery and Watches
30 Nov 2009, Toronto |
American Paintings, Drawings and Sculpture
2 Dec 2009, New York |
Coins and Banknotes
3 Dec 2009, 580 Madison Avenue, New York |
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Full sales schedule |
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Buying at Auction
Buyers' Premium
Bonhams & Butterfields does not own the property that we sell at auction; instead we host an auction as a venue to bring buyers and sellers together. Our sellers are called consignors and we take possession of their property several months before the auction. We use this time to research, catalog, photograph and market the items before they go on the block. When an object is sold, Bonhams & Butterfields receives a percentage of the hammer price, that we call seller's commission, plus certain fees as our payment from the consignor for our services.
We also collect a percentage of the hammer price from the buyer that we call Buyer's Premium. The Buyer's Premium is added to the winning bid (Hammer) price of each individual lot purchased, at the rates set forth in the Conditions of Sale. The winning bid price plus the premium constitute the purchase price for the lot. Applicable sales taxes are computed based on this figure, and the total becomes your final purchase price.
All sales are final and subject to the Conditions of Sale found in your catalog, on our website, and available at the reception desk.
Effective January 2009, our Buyer's Premium rates for most types of auctions are as follows:
- 22% of the Hammer up to and including $100,000.00
- 20% of the Hammer above $100,000.00, up to and including $500,000.00
- 12% of any Hammer above $500,000.00
Our Buyer's Premium rates for Motor Car auctions are:
- 17% of the Hammer up to and including $100,000.00
- 10% of the Hammer above $100,000.00
Our Buyer's Premium rates for Wine auctions are:
Our Buyer's Premium rates for Arms & Armor auctions are:
- 17% of the Hammer up to and including $100,000.00
- 10% of the Hammer above $100,000.00
Our Buyer's Premium rates for Coin & Banknote auctions are:
- 17% of the Hammer up to and including $100,000.00
- 15% of the Hammer above $100,000.00
Since 2006 we have offered buyers a Cash Discount Program, whereby the stated rate of the primary band of Buyer's Premium, applicable to the first $100,000 of the bid price, will be reduced by two percentage points for buyers who pay for their entire purchases from the sale in cash or by cash equivalent (as defined). Please refer to the Conditions of Sale and Buyer's Guide in your auction catalog for details.
Items left on the premises after the auction may incur storage and other fees. Please see the individual sale catalog for additional information specific to the sale.
Selling at Auction
Auction Sales Commissions & Fees
We will assist you throughout the auction process, providing a detailed inventory of your consignment and prices realized for each lot. We provide on-site storage for your property in our warehouses, and all items are insured through-out the auction process. You will receive payment for your property approximately 28 days after the completion of sale. Sales commissions vary based on the hammer price of your property and are netted from gross proceeds and vary with the final hammer price of each lot sold.
Fees are applied to property consigned and full details of these fees are discussed with the individual specialist at the time of consignment. Fees are agreed on the signing of your contract.
Various charges may be applied but not limited to one or
many items:
- Vendor commission
- Unsold Property minimum charge
- Insurance
- Catalog Photography
- Online Image & Upload
- Restoration
- Transport
For a complete description of all consignment terms and conditions, please refer to a copy of our Master Consignment Agreement.
Exporting Your Property
It is your responsibility to comply with export regulations that apply in the countries of export and import. You should take particular note of export licencing and CITES (endangered species) export / import regulations. Please contact Bonhams in advance if you have any doubts on how to proceed.
USA shipping & transportation:
shippingSF@bonhams.com
UK shipping & transportation: shipping@bonhams.com
After the Sale
Timely Payment to Consignors after the Auction
Thirty-five (35) days after the completion of the sale of any property we will pay you the net proceeds received and collected from the sale of property after deducting our commission and any other expenses, fees and charges due hereunder or required by law, provided that no claim has been made against any of the property or proceeds of sale and further provided that the buyer has not given notice of intent to rescind the sale.
If your item does not sell at auction we will mail you a letter before our settlement date asking if you would like to have your property returned to you or if you would like to reoffer it in an upcoming auction. If you should choose to reoffer your property you will be given the opportunity to readjust estimates or reserves.
Click here for our UK Sales Commissions & Fees
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Contacts |
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San Francisco
Main Gallery & Corporate Offices
Bonhams & Butterfields
220 San Bruno Avenue
San Francisco, CA 94103
Tel +1 (415) 861-7500
Fax +1 (415) 861-8951
Los Angeles
Main Gallery
Bonhams & Butterfields
7601 W. Sunset Boulevard
Los Angeles, CA 90046
Tel +1 (323) 850-7500
Fax +1 (323) 850-5843
New York
Bonhams
580 Madison Avenue
New York, NY 10022
Tel +1 (212) 644 9001
Fax +1 (212) 644 9009
Inquiries
(US) Customer Services
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