BID LIVE OR ONLINE
BIDDING, HAMMER PRICE & BUYERS PREMIUM
ONLINE BIDDING:
On the live auction platforms below you can bid online on all lots that we offer per auction. You need to create an account on one of the websites below. When you have created an account and registered for our auction (search for Dutch Auction Company) you can bid LIVE online during one of our auctions.
If you are unable to attend the auction live, you also have the option to place an 'absentee bid' beforehand. Be sure to submit your maximum bid amount (the maximum amount you are willing to bid for the lot) before the auction begins. Your bid will remain at the lowest minimum amount necessary to keep you in the lead, and will only increase (to your maximum bid) if another bidder places a competing bid. This is also clearly explained on the websites.
You can bid live via the internet by using one of the following auction websites and see all lots in the auction as well:
LiveAuctioneers - https://www.liveauctioneers.com/catalog/385879_the-bill-nunn-organ-and-fairground-auction/?page=1&pageSize=all
Invaluable - https://www.invaluable.com/catalog/56zxt61f5q?page=1&size=48
The Saleroom - https://www.the-saleroom.com/en-gb/auction-catalogues/dutchauction/catalogue-id-dutch-10013
Lot-Tissimo - https://www.lot-tissimo.com/en-gb/auction-catalogues/dutchauction/catalogue-id-dutch-10013
Drouot - https://drouot.com/en/v/169648
BIDDING BY PHONE:
You also have the option of bidding by phone. Bidding by telephone means that we will call you during the auction and you can lead the bidding over the telephone and tell us LIVE the amount you wish to bid for the lot you have specified. We will call you in approximately two lots before the lot you are interested in is starts. If you wish to bid by telephone, please fill in the form below so that we have all the necessary information. We will contact you as soon as possible before the auction starts to go through everything with you so that we are both well prepared before the auction starts.
How Buyers Premium and Final Invoice Amount are Calculated.
At our auctions, you can bid on lots in different ways: live in the room, online, live on the phone or by submitting a written bid. Below, we explain how the buyer's premium is calculated on the hammer price and how the total invoice amount is calculated.
Hammer Price
The hammer price is the amount at which the auctioneer closes the bidding for a lot.
Buyer’s Premium
- All lots (except cars):
25% buyer’s premium is added to the hammer price.
- Cars: 17% buyer’s premium is added to the hammer price.
The buyer’s premium is subject to 21% VAT (if applicable).
VAT is charged only on the buyer’s premium, not on the hammer price.
Example Calculation (lot with € 1.000 hammer price)
Case 1: Buyer not liable for VAT
(Companies outside the Netherlands and private individuals outside the EU)
- Hammer price: € 1.000
- Buyer’s premium (25%): € 250
- Total on invoice: € 1.250
Case 2: Buyer liable for VAT
- Hammer price: € 1.000
- Buyer’s premium (25%): € 250
- VAT (21% of €250): € 52.50
Total on invoice: € 1.302,50
Note: Companies registered in the Netherlands can reclaim VAT.
VAT Rules for Buyer’s Premium
VAT is never charged on the hammer price, only on the buyer’s premium.
How VAT is applied depends on where you are registered and whether you are buying privately or as a company:
- Private buyers in the Netherlands or EU: invoiced including VAT.
- Private buyers outside the EU (exporting the lot): invoiced excluding VAT (proof of export required).
- Companies in the Netherlands: invoiced including VAT.
- Companies in the EU (outside the Netherlands): invoiced excluding VAT.
- Companies outside the EU (exporting the lot): invoiced excluding VAT (proof of export required).
Registering as a Company
If you are buying as a company and wish to benefit from VAT exemption, you must register as a business bidder.
During registration, please provide:
- Company name
- Company address
- Valid VAT number
Written bids:
Then you have the option of placing a written bid in advance. The advantage of placing a written bid is you don't need to create an account on a website and you don't need to attend the auction live. You can fill in a written bidding form in which you can indicate the maximum amount you wish to bid for which lot. Your written bid will remain at the lowest minimum amount necessary to keep you in the lead, and will only increase (to your maximum bid) if another bidder places a competing bid.
To place a written bid, you can download the form below, fill it in completely and sign it and then return the form along with a copy of ID / Passport to info@dutchauctioncompany.com
