When items are listed for auction, two values are important:
The estimated value is set by Auctionata’s experts. It’s the price that, in their expert opinion, they think a professional dealer would ask for the item. Naturally, our experts take quality and condition into account when they carry out valuations.
The starting price is the minimum first bid that will be accepted for a lot at auction. It’s usually less than 50% of the estimated value.
Additional fees and charges
The purchase price stated in the auction catalogue (“Starting price”) does not include the buyer`s premium inclusive VAT. This is also the case with the hammer price. Thus Auctionata charges the Buyer’s Premium additionally. The amount of the buyer`s premium is calculated as follows:
- at a hammer price up to 1.000.000,00 Euro the buyer´s premium is 25%
- at a hammer price between 1.000.000,01 Euro and 2.000.000,00 Euro the buyer´s premium is 20% for the (partial) amount of 1.000.000,00 Euro and 20% for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro
- at a hammer price more than 2.000.000,01 Euro the buyer´s premium is 15% for the (partial) amount of 1.000.000,00 Euro, 15% for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro and 20% for the (partial) amount beginning with 2.000.000,01 Euro.
- The buyer’s premium amounts to 20% of the winning bid for classic cars.
Contribution to the Resale Royalty Right
With respect to the collection of the resale rights tax for the sale of an
original work of art or photography prior to 70 years having lapsed since the death of their creator the following applies (as of 01/01/2015):
Auctionata charges the resale rights tax pursuant to Section 26 of the German Copyright Act (UrhG) towards the buyer. Therefore, Auctionata charges when purchasing a good – if a protection as an original work of art or photography is given – an additional amount, which is calculated according to Section 26 (2) German Copyright Act (UrhG) and which does not exceed the amount of EUR12,500.
Auctionata pays the resale rights tax for the seller to the collecting society VG Bild Kunst. You will find more information with respect to the concrete amount of the resale rights tax here.
Auctionata transportation insurance is charged at a flat rate of 2.98% (plus 2.5% statutory VAT) of the winning bid, inclusive of the buyer’s premium, for items purchased at auction. For items purchased in our shop, it is charged at a flat rate of 2.98% (plus 2.5% statutory VAT) of the purchase price. Transportation insurance is mandatory for items of over €50,000.
Shipping and delivery fees
The packaging and shipping fees depend on the item’s size, weight and shipping address – whereby the shipping address depends on whether it is within Germany, the EU or Europe (non-EU countries), or international. You can find more detailed information about our packaging and shipping fees in our Overview of Fees.
>Overview of fees