Participating in Rue Pinard Auctions

The following information is provided to help Bidders and Buyers. All Rue Pinard Auctions are held under our Conditions of Sale, which are available in the Rue Pinard Terms and Conditions. If you have any further questions, we’re happy to assist and guide you through the process. Please don't hesitate to contact us.

Listen to the Podcast to learn about Rue Pinard auctions.

Register your details to create an account with Rue Pinard and bid in any of our auctions

All auction lots can be previewed on our website 2-4 weeks prior to an auction going live. Although we do not produce a printed catalogue, we are able to provide a basic printed list of works in the auction for those not able to view the auction online.

Gallery Auctions

All works in our Gallery Auctions are exhibited on public view at a gallery exhibition - please refer to the individual auction details for more information.

Online Only Auctions

Some auctions may be conducted as Online Only Auctions where there is no public view at a gallery exhibition.  

Alongside the condition statements printed online, we are able to provide detailed condition reports and provide additional images on request.

All visitors to the Ruepinard.auction website are able to view full details of the lots in an auction. However in order to participate and place bids in an Auction, Bidders must register their details, thereby agreeing to the Maak Terms and Conditions. Please click Register to submit your details online or you can register with us in person during the auction viewing.

As part of our compliance to recently introduced anti-money laundering regulations, we are now required to keep a record of proof of identity of all our buyers and sellers, existing and new, who make a transaction over €10,000.

For individuals, this will mean we will require a copy of a valid photo identity document such as a passport, driving license or national ID card which confirms their full name, date of birth, nationality and permanent residential address. 

For companies, we will require company details including evidence of incorporation, directors and the ultimate beneficial owners.

Please be assured that all documentation provided will be processed and held securely in accordance with our privacy policy.

Once registered you will not need to re-register for subsequent auctions, simply click Sign In and use your registration details to access your account.

Be aware that until the necessary ID has been received and approved, you will not be authorized to bid beyond €10,000.

Each lot has an individual auction closing time as stated on the Website, with lots in an auction generally closing two minutes apart. Any bid placed within the last 5 minutes of a lot’s closing time will extend the lot’s period of bidding by up to 5 minutes to allow time for counter bids. These extensions will continue indefinitely until there is no more bidding activity on the lot for a period of 5 minutes.

The extension of one lot’s closing time does not affect other lots’ closing times therefore it is possible that lots will close out of numerical lot order.

The Successful Bid in any Auction will be the first highest bid as registered by the system that equals or exceeds the reserve price at the point of a lot’s auction end time. 

Incremental Bids

You can submit bids incrementally as per the next possible bid as indicated on the bidding screen.

Maximum Bids

You can also submit a maximum bid. This bid is similar to an absentee bid, is strictly confidential and can only be viewed by you. A maximum bid allows you to place a bid for the maximum level that you are willing to bid and the online bidding platform will then bid on your behalf up to your maximum amount. Your bid will always be at the lowest possible level subject to the reserve price and any other bids placed on the lot. If no other bids are placed on a lot then your bid will be no more than the reserve price for that lot. If other bids are placed on the lot your bid will only be one increment higher than the highest other bid, up to your maximum. If there are two or more equal bids submitted on a lot then the bid submitted first will take precedence. You may increase your maximum bid at any time without any possibility of bidding against yourself.

Absentee Bids

If you are unable to submit a bid directly through the online bidding platform you can request to submit an Absentee Bid by completing and signing an Absentee Bidding Form and returning it to Maak. It is the Bidder’s responsibility to check that the Absentee Bidding Form has been received by Maak. This additional service is complimentary and confidential. Such bids are at the Bidder’s own risk and Maak cannot accept liability for our failure to receive and/or place any such bids.

Bid Increments 

Bidding increments are generally set at 10% of the Current Bid. If a bid placed does not match an actual bid increment it will automatically be rounded down to the nearest actual bid increment and will be confirmed onscreen.

If a bid is placed on a lot in the last 5 minutes before the lot's stated closing time, the closing time will extend to 5 minutes remaining. This means that if you are the highest bidder on a lot and your are outbid in the closing seconds you will always have up to 5 minutes to come back with another bid. BE AWARE that if the close time of a lot extends it DOES NOT extend the close time of subsequent lots. This means that if you are watching a lot where last minute bidding is extending its end time, later lots may well be closing whilst you are watching the 'current' lot.

If you are concerned about bidding on several lots where the close times are close together we recommend that you watch your bids in My Profile. You can monitor all active bids here and regularly refreshing the page will give you current updates on your bid status. If you are then outbid you can quickly click through to raise your bid and then return to your active bids in My Profile. If you regularly refresh the page you will always have up to 5 minutes to place bids.

Bids should be placed as numeric whole numbers only, with no currency symbols and no punctuation. So a bid of €1000 should be entered as 1000 not €1000 or 1,000 or 1000.00.

If this is your first time bidding, we strongly recommend that you don't leave your bids until the closing seconds but familiarize yourself with the bidding process earlier on. You can place a low bid early on to start you off or if you know what your limits are already you can place a maximum bid. With the time extension feature there is no real tactical advantage to holding off until the last minute as other bidders will always be given the opportunity to come back with a counter bid.

As with any auction a bid is legally binding at the time that the bid is submitted. You will always be given the chance to check and confirm your bid before it is submitted. For any queries please contact Rue Pinard.

Bids Enquiries 

T: +1 305 645 7887 (USA)
M +31 653 86 1912 (EU)
E: office@ruepinard.com

Buyer's Premium

A Buyer’s Premium of 22.5% plus VAT is payable on the hammer price

Artist Resale Right

On certain Lots marked ‘AR’ in the Catalogue that are sold for a Hammer Price of €3,000 or greater an additional premium will be payable by the Buyer to cover the payment of royalties under the Artist Resale Right

The resale right was introduced effective April 1, 2006 and applies to:

Original works of art created by artists (living or up to 70 years after death), who are nationals or residents of a country affiliated with the EU or EEA or of a country granting an equal resale right.

Rue Pinard will recover the legally required resale right fee from the buyer and take care of the financial settlement.

The resale right fee is calculated from €3,000 on the sale price including surcharge (excluding VAT) and is composed of the following percentages:

  • € 3.000– € 50.000 4%€
  • € 50.000– € 200.000 3%
  • € 200.000– € 350.000 1%
  • € 350.000– € 500.000 0,5%
  • € 500.000– 0,25%

VAT

As standard no VAT is charged on the hammer price, but VAT at the prevailing rate, currently 21%, will be added to the buyer’s premium.

The following symbols are used to denote that VAT is due on the hammer price and buyer’s premium:

† VAT at 21% on hammer price and buyer’s premium 
Ω VAT on imported items at 21% on hammer price and buyer’s premium 
* VAT on imported items at reduced rate of 5% on hammer price and 21% on buyer’s premium 
● Zero rated for VAT, no VAT will be added to the hammer price or the buyer’s premium

Your invoice will be available as quickly as possible after the whole auction has concluded. Invoices are usually sent out within 24 hours of the auction. 

T: +1 305 645 7887 (USA) 
T: +31 653 86 1912 (EU)
E: office@ruepinard.com

The final amount due will include the hammer price, the buyers premium, any applicable taxes and other charges such as ARR and shipping if requested.

Payment of the total Purchase Price will be due from a successful Bidder in cleared funds within seven (7) days of the Auction end. 

Payments made by anyone other than the registered buyer will not be accepted.

Maak’s preferred payment method is by bank transfer.

Bank Transfer You may electronically transfer funds to the Maak Client Account. Please quote your invoice number and Surname as the reference. The Maak Client Account details are.

  • Bank: ABN AMRO
  • Address: Gustav Mahlerlaan 10, 1082 PP, Amsterdam, The
    Netherlands
  • Account Name: Rue Pinard B.V.  
  • Account Number: 0134 9055 63
  • IBAN Number: NL85 ABNA 0134 9055 63
  • BIC/SWIFT:  ABNANL2A

If paying by bank transfer the amount received after the
deduction of any bank fees and/or conversion of the currency of payment into Euro
must not be less than the Euro amount payable, as set out on the invoice.

UK and EU Consumer Debit Cards and Credit Cards There is no
additional charge for purchases made with personal consumer debit and credit
cards issued by a bank within the EEA.

All Commercial Cards and Non-EU Debit Cards and Credit Cards
For all Commercial Debit and Credit Card payments and payments made with debit
and credit cards issued by a bank outside the EEA there is a 2.5% surcharge on
the total invoice value.

Gallery Auctions

Successful bidders can collect purchased lots from the auction warhouse on the Friday immediately after the auction only.

All lots not collected are removed from the warehouse on the Friday immediately following the auction and transferred to the Rue Pinard office.

Successful bidders wishing to collect purchased lots from the Warehouseon Friday must notify Maak no later than 10am on the day by booking a collection appointment via the link on the information page of the auction. 

Lots not collected from the auction venue will be available for collection from the Rue Pinard office by appointment from the Tuesday following the Auction.

Rue Pinard B.V.
Liesbosdreef 2C
4841 JL Prinsenbeek
The Netherlands
 
T: +1 305 645 7887
M: +31 653 861912
E: office@ruepinard.com

Lots may only be released on production of a ‘Release Note’ obtained from the Rue Pinard accounts department.

Online Only Auctions

Collections can be arranged from Rue Pinard office strictly by appointment with Rue Pinard

Storage Charges

For all sold lots transferred the Maak office there will be no charge for lots collected within 14 days of the sale date. For lots which remain after this date without prior arrangement the right is reserved to charge storage a daily rate of €1.50 per lot at the Buyer’s Risk.

Rue Pinard offers an in-house packing and dispatch service .

Specialist antique packing and door to door transportation, operating a weekly van run from the Rue Pinard office virtually anywhere in the world.

Door to door delivery starts from €45. Please contact Rue Pinard directly for a delivery quote.

For reference please visit our Worldwide Shipping Rates

Most lots are sold under the Auctioneer's Margin Scheme and as such invoices buyer’s premium inclusive of 21% VAT as standard. The VAT will not show separately on the invoice.

If you are exporting out of the UK it is possible, subject to specific conditions, for Maak to re-issue you with a 0% VAT rated Export Invoice. Please refer to the EU Tax & Export Guide for further details.

Export Invoices can be issued.

Please contact us direct to request an Export Invoice.

If you prefer to use your own nominated shipper the VAT must be paid in advance and Rue Pinard can issue a refund of VAT on receipt of the correct shipping documentation and proof of export. There is a €35+vat fee to process a VAT refund.

Exports must be completed within 3 months of the sale date for VAT to be refundable.

Call me back

If you want to participate in an auction or want to set-up a private sale, please let us know.

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