How does it work : The buying

How to buy

Auction House Horta makes catalogues available for every sale, containing descriptions and illustrations of the works that are offered for sale. The catalogues and calendar of sales can be consulted online.

Printed versions of the catalogues can be obtained by taking out a subscription.

Monthly auctions are held on Mondays and Thursdays at 7pm.
Viewing days are held on Fridays from 2pm to 7pm and on Saturdays and Sundays from 10am to 7pm before the sale.

If you are not able to come to the viewing days, you may request digital images of one or more lots free of charge by simply sending an e-mail to request them.


NEW! We welcome ArtPass ID members 

AMLD5 regulations in the EU and UK

The new Anti-Money Laundering (AML) regulation requires us to a few new administrative actions like requesting Know Your Customer (KYC) information from our clients prior to purchases above 10.000€.
The onboarding process is powered by our partner ArtPass ID. The necessary documents are digitally uploaded and verified.

Please click this link to continue your onbording with us: https://horta.artpass.id

 

How to bid

There are four possible ways to place a bid:

How to pay

Payment must always be made within three days of the sale.

Every buyer is considered to have acted on his own behalf and is personally liable for lots which he buys as a proxy; he must pay the price in euros before collecting them in exchange for the purchase form. An invoice can be raised on request.

Sales are made in cash, with a 22% surcharge for costs, and must be paid in cash or by bank transfer, certified cheque or debit card (Bancontact).

Buyers using the Drouot Digital live platform, pay 3% extra.

An additional charge of 1 euro is collected for every lot.

Under the current legislation, cash payments are limited to 3,000 euros per purchase form. “Independently of the total amount, no payment in cash may be made or received for more than 3,000 euros in the context of a transaction or a series of transactions between which a link appears to exist.” (Volume III, art. 67, § 2 Economic Law code).

Since Hôtel de Ventes Horta is subject to the special margin scheme, all sales to a European Union resident are covered by that scheme and there is no deductible VAT.


Payment of royalties 

When certain original works are sold, a payment for the artist’s resale right (a royalty) is due to the author or his heirs unless the author died more than 70 years ago.

The royalty is calculated on the basis of the sale price excluding taxes, provided it is at least 2,000 euros. The royalty is 4% of the part of the sale price up to 50,000 euros, 3% of the part of the sale price from 50,000 to 200,000 euros, 1% of the part of the sale price from 200,000 to 350,000 euros, 0.5% of the part of the sale price from 350,000 to 500,000 euros, and 0.25% of the part of the sale price in excess of that amount, but the royalty cannot be greater than 12,500 euros per work of art and per resale.

Hôtel de Ventes Horta shall collect the payment for the royalty and submit it to the bodies officially authorised to receive it as stipulated in the current legislation.

Hôtel de Ventes Horta will make every effort to be able to indicate whether a work is subject to a royalty. If, however, after the sale of a work that was not stated to be subject to royalties, it becomes clear that a royalty has to be paid, Hôtel de Ventes Horta will nevertheless be legally obliged to demand payment for the royalty from the buyer at the time of payment, on collection or even thereafter, and every buyer expressly renounces every claim of any kind whatsoever and irrevocably undertakes to pay the royalty at the first request.

 

Downloadable Documents

Document Download
Bid request Download
Telephone bid request Download

 

«The Selling» and «The Buying»: Vidéos réalisées par Télétourisme 2011 - Une émission produite par Guy Lemaire - 4:17

How to sell

Videos report

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