Why register as bidder? 


A big shout out to all jewellery collectors, you are invited to explore the first ever jewellery auction in Malaysia. A paradise with exotic and luxurious jewellery collection from classic, modern and contemporary works of arts all around the world. Letís get register as bidder together in the first Malaysia jewellery auction!
   
BID NOW
 
 
 

Conditions for bidder 


    1. Definition in these conditions
  • Auctioneer means the appropriate auctioneer which is authorized by Elite Expo Sdn Bhd;
  • Buyer means the successful bidding buyer of a Lot;
  • Deliberate forgery means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source but which is unequivocally described in the catalogue as being the work of a particular creator and which at the date of the sale had a value materially less than it would have had if it had been in accordance with the description;
  • Hammer Price means the price at which a Lot is sold to Buyer;
  • Terms of consignment means the stipulated terms and rates of commission on which YA accepts instructions from consignors or their agents;
  • Catalogue means the Catalogue prepared by Masterpiece which describes and illustrates all Lots for sale by Masterpiece;
  • Conditions means these terms and conditions;
  • Lot means each piece of property as described in the Catalogue for which bids are invited for purchase;
  • Masterpiece,our, we, us means Elite Expo Sdn Bhd;
  • Reserve Price means in respect of a Lot, the minimum price which the Seller is prepared to accept from a buyer;
  • Seller means in respect of a particular Lot, the seller of that Lot and his personal representatives;
  • MYR means the lawful currency of Malaysia.
  • Total amount due means the hammer price in respect of the lot sold together with any premium and any additional charges payable by a defaulting buyer under these Conditions;
  • Sale proceeds means the net amount due to the consignor, being the hammer price of the lot sold less commission at the stated rate and any other amounts due to us by the consignor in whatever capacity and however arising;
   

    2. Bidding increments
  • Bidding increments shall be at the auctioneersí sole discretion.
   

    3. Bidder premium
  • The buyer shall pay the bidding/hammer price together with a premium thereon of 10%, which are:
  • i. 5% for Auction House- Henry Butcher
  • ii. 5% for FGJAM
   
 

    4. Payment
  • 4.1 Pay to us 10% as deposit whichever is higher of the total amount due (hammer price plus premium plus)
  • 4.2 The balance must be pay within 7 days by:
  • i. Cash
  • ii. Credit card with 3% additional charges
   
 

    5. Collections of goods
  • 5.1 The ownership of any Lots purchased shall not pass to you until you have made payment in full to us of the total amount due.
  • 5.2 You shall at your own risk and expense take away any lots that you have purchased and paid for not later than 7 days following the day of the auction after which you shall be responsible for any removal, storage and insurance charges.
  • 5.3 No purchase can be claimed or removed until it has been paid for.
   
 

    6. Storage and insurance
  • Bidders are requested to collect their property within 7 days after the auction day.
  • Storage fee :
  • Wrapping and packaging fee :
  • International shipping fee :
   
 
 


 


Copyright 2010-2020 Elite Expo Sdn Bhd (619373-P). All Rights Reserved.