How To Participate
Please see below how you can participate in our auction.
Introduction: Rediscovering Art Through Our Auctions
Introduction
Rediscovering Art Through Our Auctions
ArtX Auction presents a carefully curated collection of artworks celebrating art's connections and continuous flow across ages and cultures. By engaging with each piece of art uniquely, you will feel a deeper connection to it and be more inclined to collect it. Possessing these artworks not only enhances your personal space but also provides an opportunity for self-discovery through your interaction with them.We invite you to explore our online catalog, which features diverse works from different periods and regions. Our collection includes Western masterpieces, contemporary art, and ancient Japanese art. We hope you find a piece that intrigues you and sparks your interest.
01
Auction Preview
ArtX Auction will host an in-person preview of the artwork before the auction takes place. The auction itself will be held in a historic building, showcasing our diverse collection of art ranging from antique to contemporary pieces, representing various eras and cultures. This choice of venue is intentional, as we seek to establish a meaningful connection between the timeless artworks and the unique space they inhabit.
While detailed images of the artworks are available online, attending the preview event provides you with the opportunity to see the pieces firsthand. It's essential to note that once a bid is successful, we cannot accommodate cancellations. Therefore, we strongly encourage you to inspect the pieces of interest during the preview event. For details regarding the date, time, and venue of the preview event, please visit our auction page.
02
Register to Bid
We offer four types of bidding methods.
Other Bidding Methods
Absentee bidding
If you cannot attend the auction on the day, please arrange for a proxy bid in advance. If you wish to do so, apply via email at least 48 hours before the auction. On the auction day, our staff will bid up to your specified maximum limit on your behalf. Please note that proxy bids take precedence over bids of the same amount made in person at the venue or by phone.
In Person
Please present your identification documents at the reception and receive a paddle (number tag). The auctioneer will start calling out prices around the minimum price for each lot (artwork). When the auctioneer calls the price you wish to bid, raise your paddle to signal the auctioneer.
Telephone bidding
If you wish to bid by phone, please apply via email at least 24 hours before the auction. Please note that a limited number of phone lines are available, and we may only be able to accommodate some requests.
03
Payment and Shipping
Upon successfully winning an auction, we will contact you via email to discuss payment and delivery details. You can review the artwork you have won, along with the winning bid amount, on your personal page.
Winning bidders are required to make the payment in Japanese yen within 14 days from the auction date. The purchase price comprises the hammer price, a buyer's premium equivalent to 23% of the hammer price, and a 10% consumption tax on the buyer's premium. If you reside outside Japan, the payment of consumption tax will be exempted.
Of the buyer's premium, equivalent to 3% of the hammer price, will be donated to the organization Global Coralition, which works on marine environment conservation. Kindly remit the payment to the designated bank account.
Once we confirm your payment, we will proceed with the delivery of the auction piece. If you prefer to have the piece shipped or picked up, please complete the 'Delivery Instruction Form' and submit it to us. Please be aware that packing and shipping costs are the responsibility of the customer.
04
Our Bidding Increments
| Price Range (JPY) | Bid Increments (JPY) |
|---|---|
| under 200,000 | by 10,000 |
| 200,000 to 300,000 | by 20,000 |
| 300,000 to 500,000 | by 20,000 / 30,000 / 30,000 / 20,000 |
| 500,000 to 1,000,000x | by 50,000 |
| 1,000,000 to 2,000,000 | by 100,000 |
| 2,000,000 to 3,000,000 | by 200,000 |
| 3,000,000 to 5,000,000 | by 200,000 / 300,000 / 300,000 / 200,000 |
| 5,000,000 to 10,000,000 | by 500,000 |
| 10,000,000 to 20,000,000 | by 1,000,000 |
| 20,000,000 to 30,000,000 | by 2,000,000 |
| 30,000,000 to 100,000,000 | by 5,000,000 |
| 100,000,000 and up | by 5,000,000, or on discretion by auctioneer |
