Asian Art Auction Alliance Co., Ltd. conducts the following
types of auctions:
- A|A|A|A Contemporary Auction
-
This Auction is A|A|A|A's main auction.
As for this auction takes post-war and contemporary art including established European and American artist.
- Asian Auction Week
Contemporary Auction
-
Asian Auction WeekAsian Auction Week held auction three times in 4 companies.
2009.11.29 Asian Auction Week realized HK$4,0868,111(including buyer's premium)
As for this auction takes post-war and contemporary art including young Artist.
Inquire about the auction dates.
Subscribe to auction catalogues
3 weeks before an auction, the catalogue is delivered
to all subscribers, allowing them to see the articles offered. These catalogues
are valuable resources in understanding the current market.
if you need catalogues, please contact as.
Apply for entry
ASIAN ART AUCTION ALLIANCE CO., LTD.
2nd Floor, Shui On Center, 6-8 Harbour Road, Wanchai, Hong Kong
Tel: +852-2824-8374 / Fax: +852-2824-8210
Email:
info@aaa-alliance.net
Please note that to prevent money laundering, we ask you to provide us with information that will confirm your identity, such as a passport. Details will be provided upon receipt of your request
Preview
Prospective buyers are strongly advised to personally examine the property at the preview.
All properties are exhibited.
Please feel free to ask any questions at that time.
The dates of the previews are listed in the catalogues.
They are available by clicking here!
Auction
Please come to the auction hall before the auction begins.
The Auction will be held only in the English and will proceed
in lot order.
Each article will be shown on the stage. Bidders are advised to confirm that the article is the one they wish to buy before bidding.
The auctioneer will typically seek bids increases of 3 to
5%
When the auctioneer has accepted the final bid and struck
the hammer, the auctioneer will call out the paddle number of the buyer and ask
that person to raise the paddle number so the number can be recognized.
*No bidding is accepted after the hammer sounds.
Successful bid
Successful bidders are asked to exmaine the confirmation documents carefully and then sign. Successful bidders are to pay the final bid price plus the buyer's premium, in addition to consumption tax.
For each lot, up to and including HK$4,000,000 of a winning bid is charged a commission at a rate of 20%(including tax). Additionally, any winning bids beyond HK$4,000,000 will be charged a 12% rate (including tax) on the remainder of the bid.
| Amount
of Hammer price
|
% |
| up to and including HK$4,000,000 |
20% |
| beyound HK$4,000,000 |
12% |
| example: HK$4,500,000 hammer price
|
| Hammer price |
HK$4,500,000 |
| Commission |
HK$800,000 (20% of HK$4,000,000) |
| Commission |
HK$90,000 (12% of HK$500,000) |
| Total |
HK$5,390,000 |
Buyers must pay within 10 calendar days of the sale.
Payment can be made into our bank account, by cash, or by
bank cheque.
After payment is complete, the property can be collected
one day after the auction at AAAA storage.
The receipt handed to buyers at the time of sale must be shown
in order to take possession of the work.
Those who wish the item to be delivered can fill out the request
form enclosed with the bill.