Budapest Poster Gallery

2nd auction | posters and poster designs

1. It is only possible to participate in the bidding with a registered bidding paddle that can be requested before or during the auction on the spot. Requests can be made upon registration (name, address, phone number and e-mail).

2. The auction is conducted in a way that the auctioneer announces each lot according to their order of their appearance in the catalogue and the starting price. Buyers indicate their wish to place a bid by raising the bidding paddle. In case someone places a higher bid than the given increment the auctioneer takes it into consideration and then goes back to the price suitable for the original increment.

Bidding increments:

3. Please indicate the intention for purchase clearly. The auctioneer increases the bid until only one bidder remains and he knocks the highest bid down.

4. By knocking the lot down the right to purchase goes to the bidder offering the highest price unless any Hungarian library or museum exercises its preemptive right to buy it for the same price.

5. The purchase price consists of the hammer price plus 15% commission. The purchased lot or lots can be received on the spot after paying the full purchase price in cash.

6. Passed lots can be called back during or after the auction. In this case these will be put up for sale again.

7. Absentee bids will be executed by Budapest Poster Gallery on the bidder’s behalf in competition with other absentee bids and bids from the audience to purchase the item at the lowest price possible. The Budapest Poster Gallery shall not be responsible for any errors or omissions to its execution of such bids. Budapest Poster Gallery reserves the right to decline to undertakesuch bids in its sole discretion. All bids must state the highest bid price the bidder is willing to pay. In the event identical bids are submitted, the one that placed in person will take precedence. In the event identical absentee bids are submitted, the earliest will take precedence. Absentee bids can be submitted at the given address.

8. In case of a valid purchase the purchased lots can be taken over within 7 working days from the auction, after the full purchase price has been paid, at Budapest Poster Gallery, H-1055 Budapest, 28 Falk Miksa street, 6th floor/1, doorbell: 61, weekdays between 2pm-6pm.

9. The buyer shall pay the full purchase price by credit card before or in cash at the gallery when receiving the purchased item(s).

10. Purchase right of the buyer automatically terminates if items are failed to be taken over within 7 working days from the auction (17.12.2014).

11. Photos and descriptions in the catalogue are only approximate and serve for identification. There is an opportunity to carefully inspect the condition of the posters during the viewing and at the venue of the auction before the sale. If seeing the posters in person is not an option, we can provide high resolution photos and detailed descriptions of the desired items upon request.

12. All items are sold without any guarantee “as is”, meaning in the condition they are in at the time of the sale. We do not accept any complaints after the lot has been knocked down.

13. Matters not covered in present Terms and Conditions shall be governed by and interpreted in accordance with the Civil Law of Hungary. In case of any disputes parties agree that the Metropolitan Court of Budapest is to have jurisdiction.