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Consignment Auction

1. About Consignment Auction Services

 
Our auction house provides professional consignment auction services for individual collectors, institutions, enterprises and family asset managers. We offer a full-process hosted service covering collection authentication, valuation, promotion, auction and transaction settlement.
 
Relying on our professional team, global buyer resources and brand credibility, we help collections achieve reasonable market value, protect the rights and interests of consignors, and create a safe, efficient and transparent consignment experience.

2. Service Advantages

 
  • Brand & Traffic Guarantee: Years of industry reputation, covering high-end collectors, institutional buyers and art funds worldwide, with multi-channel exposure to improve transaction probability.
  • Full-Process Professional Hosting: Dedicated personnel connect the whole process from consultation to payment settlement, without extra operation troubles for consignors.
  • Authoritative Authentication & Valuation: Senior experts combined with market data provide objective valuation references, rejecting misleading overvaluation.
  • Compliance & Security Assurance: Standardized contracts, collection insurance and professional warehouse security to clarify rights and responsibilities and reduce transaction risks.
  • Transparent Commission & Settlement: Public fee standards, clear settlement cycles and no hidden charges.

3. Consignment Process

  1. Preliminary Consultation & Submission: Fill in the online consignment form, deliver collections offline or make an on-site appointment, providing HD pictures, dimensions, provenance and collection background.
  2. Expert Authentication & Valuation: Experts conduct preliminary image review; physical authentication can be scheduled for further evaluation, with reference valuations and auction suggestions based on the market.
  3. Negotiation & Contract Signing: Negotiate and confirm auction sessions, reserve prices, commissions and settlement methods, then sign a formal consignment auction contract.
  4. Collection Warehousing & Preservation: Collections are registered and filed in professional warehouses, with insurance and security measures, supporting pre-auction work such as shooting, restoration and sorting.
  5. Promotion & Preview: Produce catalogs, online special topics and media promotion, hold offline previews to reach global buyers accurately.
  6. Auction & Transaction: Multi-channel bidding including on-site auction, online simultaneous bidding and telephone commission, with real-time bidding result synchronization.
  7. Settlement & Delivery: Settle payments to consignors within the contract-agreed cycle after buyers complete payment. Unsold collections can be retrieved or re-auctioned through negotiation.

4. Consignment Guidelines & FAQs

  • Consignment Conditions: Collections must have legal provenance, no ownership disputes, comply with laws and industry norms; stolen goods, illegal cultural relics and imitations are prohibited.
  • Reserve Price Rules: Consignors can negotiate reserve prices with the auction house; no transaction if the bidding fails to reach the reserve price, protecting the base price rights.
  • Commissions & Fees: Public consignor commission ratio; catalog, promotion, insurance and transportation fees are implemented as agreed in the contract.
  • Unsold Item Handling: Options include retrieving collections, adjusting valuations for re-auction, or transferring to private negotiation transactions.
  • Taxes & Compliance: Clarify tax bearing and declaration obligations; the auction house provides necessary transaction vouchers and compliance support.
  • Collection Security: Warehouse management, insurance liability and compensation standards for damage or loss during consignment shall be implemented in accordance with the contract.
  • 24*7 Hour Support
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