Does Poly Auction Company charge upfront fees?

Updated on collection 2024-03-16
6 answers
  1. Anonymous users2024-02-06

    Summary. 1. If there is a previous agreement between the consignor and the auctioneer, it shall be charged according to the agreement.

    2. If there is no agreement between the consignor and the auctioneer, the auctioneer may charge the consignor a commission not exceeding the auction price5.

    3 The commission rate charged for art auctions is generally 10 (international practice).

    2. Commission payment method.

    1. Pre-payment method: After signing the "Consignment Auction Contract", the consignor shall pay according to the contract within the agreed time limit.

    2. Deduction method: After the auction is concluded, the auctioneer shall deduct the transaction price when the auctioneer pays the transaction price to the consignor.

    3. The deadline for the payment of commissions.

    1. Pre-payment method: The consignor shall pay within three working days after signing the "Consignment Auction Contract".

    How much does Beijing Poly Auction Company charge after the auction?

    1 If there is an agreement between the consignor and the auctioneer, it shall be charged according to the agreement2 If the consignor and the auctioneer have not made an agreement, the auctioneer may charge the consignor a commission that does not exceed the auction transaction price 5 3 The commission ratio for art auctions is generally 10 (international practice)2. Commission payment method1 Pre-payment method: After signing the "Consignment Auction Contract", the consignor shall pay according to the contract within the agreed time limit. 2 Deduction Method:

    After the consignor concludes the auction by the auctioneer, the auctioneer shall deduct the transaction price when paying the consignor. 3. The period of commission payment 1 pre-payment method: the consignor shall pay within three working days after signing the "Consignment Auction Contract".

    Dear, only inquire about these, I hope it can help you.

  2. Anonymous users2024-02-05

    Beijing Poly Auction, Poly Auction is a state-owned holding auction company, the parent group Poly Culture Group shares **** (Poly Culture, 3636?HK) successfully landed in the Hong Kong capital market on 6 March 2014. As of the 2016 Spring Auction, Poly Auction has been listed in the domestic large-scale art auction for 16 consecutive times.

    It was touched upon before. , but the company is still relatively in the domestic auction industry. It is relatively difficult to send for auction, and there is a certain threshold for the identity and economic ability of the collector.

    Large-scale auctions: commission: 7% of the transaction price will be charged for the transaction, and will be paid after the auction; Insurance Premium:

    The storage fee and the unsold fee are borne by the company. The wonderful art market has become the national people following the first, real estate after a big investment and financial management of the popular project, due to the country's impact on the real estate policy in the past two years and unsatisfactory performance, more investors have used a rational and long-term vision to examine today's art market, it turns out that China's art investment market is quietly growing with the world, becoming the three major art markets second only to the United States and the United Kingdom.

  3. Anonymous users2024-02-04

    Summary. Hello, the fees of Poly Auction include the custody of the lots, the auction service fee and the deposit, etc., and the specific fees are determined according to the type of lot, the valuation and the auction method. Generally speaking, the storage fee and auction service fee range from 5% to 15% of the appraised and sold price, respectively, and the deposit is based on the appraisal of the lot, which is generally between 10% and 30% of the appraised price.

    In addition, for special auction items, such as artifacts, artworks, etc., the charging scale may be different. Hope mine can be helpful to you.

    I have helped you find the results;

    Hello, the fees of Poly Auction include the custody of the lots, the auction service fee and the deposit, etc., and the specific fees are determined according to the type of the lot, the valuation and the way of the auction. Generally speaking, the storage fee and auction service fee range from 5% to 15% of the appraised price and the prudent price of the Cheng brother, respectively, and the deposit is determined according to the appraisal of the lot, which is generally between 10% and 30% of the appraised price. In addition, for special auction items, such as artifacts, artworks, etc., the charging scale may be different.

    Hope mine can be helpful to you.

  4. Anonymous users2024-02-03

    *Collectors note that there are currently 2,000 auction units in China, of which 98% of the units are charged upfront, and the charging companies can be divided into the following three types.

    Companies that do not charge any fees for not making a deal (there are five or six such companies in China, because there is no reserve price of 100 yuan for the collection, there is no non-transaction).

    There is no upfront fee, and there are 20 companies in China that charge the unsold fee after the unsuccessful auction

    There is no charge before the commission, and the hidden fee is hidden after the commission (the fraud company has been like this, saying that there is a bad buyer to ask for the collection, and when you go to the appraisal, the genuine product will be accepted.) Secondly, it is said that the buyer has paid and needs to pay a certain deposit, and finally find a reason that the deposit is not refunded, or the company has run away, and the collection is gone. )

    4.At present, there are units that do not charge any fees in the early stage.

    Beijing Poly Auction, (not for general collectors).

    Beijing Guardian Auction, (not for general collectors).

    Beijing Hanhai Auction, (not for general collectors).

    Because of the collection with a reserve price, although there is no charge in the early stage, there is a 3% unsold fee after the unsuccessful auction, and many Tibetan friends cannot afford it, so Poly, Guardian, Sotheby's, and Christie's rarely solicit external collections, which is the main reason why you can't send it. )

    5.Some of the collections do not charge the cost of the pre-socks and the later cost of the company, Shanghai Rong Bao Zhai auction.

    Shanghai Old Town God's Temple.

    Shanghai Duoyunxuan.

    Shanghai TD Auctions.

    Shanghai Golden Harvest Auction.

    Qingdao Xintiandi Auction, Qingdao Daqianmen Auction, Qingdao Zhongyi Auction, Qingdao Ginza Auction, Qingdao Qilin Pavilion Auction, the above units do not sell for some collections, do not charge you a penny, and take it away on time.

    Secondly, the safest trading method of the collection is to set up a stall to sell, although the wind and sun are fortunate, but it is a loss of 100 yuan of booth fees per day, and the immediate cash transaction is relatively less risky.

    Auction, if you encounter an informal auction unit, you will pay 10,000 or 20,000 yuan, and if you don't lose too much, and secondly, if your family is in difficulty, try not to participate in the auction indiscriminately.

    Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

  5. Anonymous users2024-02-02

    After Beijing Poly auctioned something, he would charge 5% of the auction price, and in a sense, this fee is also known to many people. So this is based on the value of the item you are auctioning. So this is also a very important thing, so in a sense, it should be based on one's own concentration and tailor-made.

    It's also a very important thing to do.

  6. Anonymous users2024-02-01

    Summary. In addition, there are other costs such as unsold auctions, reserve prices, and insurance premiums. In addition, Beijing Poly Auction Company will charge 20% of the auction product after the auction of the goods. Therefore, the specific fees need to be determined according to the specific circumstances of the auction.

    Hello dear, I am very happy to serve you, Beijing Poly Auction Xiao Du Roll Company charges 5% commission fee after the auction, Beijing Poly Company after he auctions something, he will charge 5% of the auction price, and in a sense, this kind of fee is also known to many people.

    In addition, there are other costs such as unsold auctions, reserve prices, and insurance premiums. In addition, after the Beijing Poly Auction Company auctions the goods, it will also charge 20% of the fee for the products sold next to the auction. Therefore, the specific fees need to be determined according to the specific circumstances of the auction.

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