BUYING FROM AUCTION
THE AUCTION
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REGISTRATION & BIDDING
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Prospective buyers must register to bid prior to the auction.
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Art Leven (formerly Cooee Art) offers several ways to participate in one of our auctions. Bidding forms are available online and in our showroom in Redfern during the auction preview. Bidding forms can be submitted in person, online or emailed. If you have not previously bid with Art Leven (formerly Cooee Art), upon receiving your bid form we will request photo identification, such as a drivers licence or passport.
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You are required to register before bidding and supply your correct name, telephone contact and supplementary information. We may refuse entry and registration to our Website and our Sale and expressly reserve the right not to grant a Paddle to any applicant.
If you have any questions about the bidding process please contact us.
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There are four ways to bid at a Art Leven (formerly Cooee Art) auctions:
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In person – Our auctions are open to the public and held at our premises at 17 Thurlow Street, Redfern. We welcome your attendance if you are in Sydney. Once you have completed your registration you will be given a bidding paddle. When the hammer falls and you are the highest bidder you have entered a binding contract to buy the work.
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Online – You can bid for all Art Leven lots live and in real-time on our dedicated auction website at connect.invaluable.com/artleven or on Invaluable. Please ensure you register to bid online prior to the auction. Art Leven does not take responsibility for any issues with bidding online and suggest you contact Art Leven prior to the auction to discuss the reliability and alternatives of bidding online.​
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Online Absentee – Using the above link or Invaluable, you can leave a bid online for an artwork right up until the auction starts at 7pm. You leave your highest bid and you will be informed if someone bids higher than you. Note that you are only informed until the beginning of the auction at 7pm. If you are out bid by someone in the room or on the phones during the auction you will miss out. A good strategy is to leave the highest bid you are willing to buy the artwork for and the computer will keep bidding on your behalf up to that amount. No one is able to see your highest amount.
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Absentee – For those who prefer not to attend the auction in person or bid online, you can leave an Absentee bid with us by filling in the form found at the back of this catalogue, or contact the team at Art Leven prior to the auction. Once the team has confirmed your maximum bid on any lot, the Auctioneer will bid on your behalf up to, but not above, this amount. Click here to register
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Telephone – By using this option, you can bid on any lot from anywhere in the world. You will be telephoned prior to your selected lot arising and one of our staff will act on your behalf and according to your instructions. An
auction can be quick so it is advisable that you give clear instructions to the person bidding on hour behalf. Click here to register
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BIDDING INCREMENTS
Bidding typically opens below the listed pre-sale estimate and proceeds in the following increments (however it is at the discretion of the auctioneer, and may vary)
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$0 – $1,000 by $50
$1,000 – $2,000 by $100
$2,000 – $5,000 by $200
$5,000 – $10,000 by $500
$10,000 – $20,000 by $1000
$20,000 – $50,000 by $2,000
$50,000 – $100,000 by $5,000
$100,000 – $200,000 by $10,000
$200,000 – $500,000 by $20,000
$500,000 – $1,000,000 by $50,000
$1,000,000 – and over by $100,000
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BUYER’S PREMIUM​
A Buyer’s Premium of 25% (including GST) of the Hammer Price is payable on all lots. Collection and delivery is the responsibility of the buyer on lots.
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SUCCESSFUL BIDS​
The fall of the auctioneer’s hammer indicates the bid has been accepted and the work is sold, the buyer assumes full responsibility for the lot from this time.
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ESTIMATES AND CONDITION
Estimates are printed beside the Lot Entry in the catalogue. They are an expression of Art Leven’s opinion of the range where Art Leven thinks the Hammer Price for the Lot is likely to be; it is not an Estimate of value.
A Condition Report will be produced regarding the Lot’s physical condition upon request. Art Leven is not entering into a contract with you in respect of the Condition Report and accordingly does not assume responsibility to you in respect of it.
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RESERVES
​The reserve is the minimum price that the vendor will accept for each lot and the lot can not be normally sold lower than this amount. This information is not provided to prospective buyers.
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CERTIFICATE OF AUTHENTICITY & PROVENANCE
​Each artwork will be listed with the known provenance or history of ownership. Non disclosure may indicate that the prior history and provenance was unknown to Art Leven (formerly Cooee Art). All artworks sold through the Art Leven (formerly Cooee Art) auctions come with a certificate of authenticity from our auction house. We do endeavour to track down the original certificates from the sellers of the artworks prior to the sale, however, these are often misplaced and are no longer available.
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TERMS AND CONDITIONS
Full terms and conditions can be found here
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COPYRIGHT​
The copyright of the artworks listed in this catalogue may be owned by the artist or third party and used under licence by Art Leven (formerly Cooee Art). The buyer must not reproduce or otherwise use the images or text without prior written consent. Art Leven (formerly Cooee Art) has paid the cost of copyright via the Copyright Agency, 2021
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RESALE ROYALTY​
Some lots consigned for this auction may be subject to the Resale Royalty for Visual Artists Act 2009. Any payments due under the obligations of the Act will be paid by the vendor.
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DISCLAIMER​
All information on this website has been compiled from material currently available in the public domain. Its re-presentation is available without charge to subscribers in a manner consistent with the fair dealing provisions of the copyright act. If the author and or creator of an image has been wrongly attributed we are happy to make any necessary changes but will not be made liable to any copyright infringements.
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AFTER THE AUCTION
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PAYMENTS​
If you are a successful Bidder, payment must be made no later than the end of the second working day after the Sale so that all sums are cleared by the fifth working day after the Sale. The day after the sale, the Art Leven team will send you an Invoice. The final amount due will include the hammer price, the 25% buyer’s premium. Electronic Bank Transfer is the simplest payment method and your invoice will include our bank details. A 2% surcharge applies to Visa, MasterCard, and AMEX payments. Alternatively, payment may be made by cheque, cash or eftpos. Please note: payments made by cheque are subject to a clearance period before goods can be collected.
FAILURE TO MAKE PAYMENT
If payment is not received by the seventh working day after the Sale, Art Leven reserves the right to rescind or stop the sale, re-offer the lot for sale to an underbidder and pursue the purchaser for any difference in price and in some instances pursue a legal remedy for breach of contract.
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GOODS AND SERVICES TAX​
A 10% Goods and Service Tax (GST) may be included in the Hammer Price (for lots owned by a GST registered entertiy), is included in the Buyers Premium and when additional fees required i.e. shipping. This is relevant only if the buyer is an Australian Resident
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COLLECTION/DELIVERY/STORAGE​
The Buyer is responsible to organise the Delivery or Collection of the Lot. Art Leven will provide the Buyer with a list of courier companies but will not organise or take responsibility for the delivery of artworks unless prior agreement is made. Art Leven will not release the artwork until the invoice has been paid in full (unless we have made a special arrangement with the Buyer). Storage Fees may be charged for items that have not been collected after 7 days of the sale at a rate of $5 per Lot per day.
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Should you request that Art Leven (formerly Cooee Art) wrap and/ or pack your goods and arrange postage of your items for you, a fee will apply and whilst all care is taken, we accept no responsibility for any damage.
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