AUCTION NO: OS012

 

33 AUCTION

ONLINE AUCTION

MODERN AND CONTEMPORARY ART ONLINE

Bidding opens 7 June 2019, 3:00 PM SGT
Bidding closes 16 June 2019 from 5:00 PM SGT (UTC+8)

 

 

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Contacts

T: +65 67474555

E: live@33auction.com

 

 

Specialists In Charge

David Fu

Sui Chen

 

Sale Coordinator

Nissa Abdurazzak

 

About This Auction:

Modern and Contemporary Art Online (OS012) is open for bidding from 7 June 2019, 3:00PM SGT and closes on 16 June 2019 from 5:00 PM SGT (UTC+8). This online-only auction features an exciting range of works by Asian modern and contemporary artists culled from both private and corporate collections. Works on offer include those by Lim Tze Peng, Chua Ek Kay, Goh Beng Kwan, Lim Leong Seng, Kumari Nahappan and many more. This online-only auction is offered with attractive buyer's premium of only 15%.

 

IMPORTANT NOTICES TO BUYERS

 

Buyer's Premium:

A Buyer's Premium will be added to the hammer price and is payable by the buyer as part of the total purchase price. For online auctions, the buyer's premium is 15% of the hammer price of each lot.

 

GST:

On lots with G-suffix at the lot number, a 7% GST will be charged on the hammer price unless it is exported out of Singapore.

 

 

GUIDE TO BUYING AT 33 AUCTION ONLINE AUCTIONS

Bidding for our online auctions is done exclusively on 33 Auction mobile apps and/or bidding site. Here is a short guide:

 

Browse for item:

Open the 33 Auction Apps or visit auctions.33auction.com to explore our auctions and the lots that interest you. Our online auction will be indicated as TIMED AUCTION with accompanying clock icon.

 

Register to Bid:

From the e-catalogue, you will click ‘register to bid’ and either be prompted to login or to create an account. This will require you to enter your credit card and billing information, as well as to read and accept our Terms and Conditions.

 

Place Bid:

Click the ‘Place Bid’ button if you decide to bid on any particular lot. If you are not logged in, you will be taken to login or register to bid. After completing the auction registration, you will be taken back to the lot detail page to confirm your bid.

 

Bids may be submitted through the online platform from the start of the auction until the lot closes. Enter your maximum bid, the highest price you are willing to pay on the lot. The bidding platform will then place incremental bids on your behalf as much as is required to ensure you remain the highest bidder (up to your maximum bid). In cases when two equivalent maximum bids are submitted, the first bid received will take priority. If you are outbid at any time you will receive an email indicating this. You may then choose to enter another bid or not. 33 Auction uses predetermined bidding increments which are available as options when entering your maximum bid.

 

Monitor your bids:

Once you have left a bid on a lot, you will be notified on screen if you are the highest bidder. If you are subsequently outbid, you will be notified by email, and provided with a link to increase your bid. We encourage you to monitor your lots throughout the auction to ensure your status as highest bidder up until the close of the auction.

 

Auction Closes:

An end time is displayed for each lot on the lot detail page. Lots will close in 3 (THREE) minute increments unless a bid is placed within 10 minutes of a lot's scheduled end time. If this occurs, 33 Auction will extend the sale of that lot by 10 minutes from the time of the last bid. The extension of any one lot's closing time does not affect the closing time of the following lots. This may result in lots closing out of numerical order.

 

Your Purchases:

If you remain the highest bidder at the close of a lot(s), you will receive an email at the auction’s close notifying you of your purchase(s). To check the status of a particular lot, visit the individual lot page while logged into your 33 Auction account.

 

Payment:

You will receive an invoice shortly after the auction including your total charges along with payment instructions. Payment must be made within seven calendar days of the sale and may be made by telegraphic transfer direct to 33 Auction Pte Ltd bank account. Please include your name, 33 Auction’s account number and invoice number with your instructions to your bank. Payment can also be made by Singapore Dollars Cashier Order (drawn on a recognized Singaporean bank). Although personal and company cheques are accepted, you are advised that property will not be released until such cheques have cleared.

 

Payment using the following method will be charged a service fee at the following rate of total amount payable:
OCBC Visa / Mastercard: 2.00%
Other Visa / Mastercard / China Union Pay: 2.35%
OCBC Cards Installment Plan: 2.60%
Payment processed via Paypal or Stripe: 4.06%

 

Shipping:

33 Auction’s Shipping Department can advise buyers on exporting and shipping property. Please complete and sign the shipping instruction form if this service is required. Purchases will be despatched as soon as possible upon clearance from the Accounts Department and receipt of your written despatch instructions and of any export licence or certificates that may be required. Shipping will be arranged at buyer’s expense. Your shipper will include a quote for transit insurance. All shipments should be unpacked and checked on delivery and any discrepancies notified to the transit insurer or shipper immediately.