$0 - 50,000:
$50,001 - 1,000,000:
Payment Information: Payment for the article, plus a commission of 25% on sums up to and including $50,000, 20% on sums between $50,000 and $1,000,000 and 12% on sum beyond $1,000,000 (per lot) to Matsart, plus VAT on the commission, will be paid in full immediately and not later than three days from the date of sale. From the seller we deduct seller's commission plus VAT on commission. Payment will be accepted only in these manners: Cash, Checks drawn on US or Israeli banks (please allow six weeks for overseas checks to clear), money transfers in and outside Israel, Credit cards: Visa, American Express and Mastercard (with an addition of 3.5% on total payment via credit card). All bank fees in reagards to transfers, both those of the buyer and those of Matsart, are the responsibility and at the expense of the buyer.
Shipping Information: Shipping to any location at buyer's expense (we can arrange or accept buyer's arrangement).
Buyer's Premium: Buyer's Premium is 25% on intital $50,000 and 20% on the amount beyond $50,000 up to and including $1,000,000 (per lot) and 12% on sum beyond $1,000,000 not including VAT according to law.
Taxes on your purchase: ** by a lot number indicates an item that arrived from outside Israel and is subjected to the Israeli tax laws meaning a 16% value added tax on the purchase price and the buyer's commission. This tax will not be collected from foreign residents paying in foreign currency and exporting the item(s) via a shipper recognized by Matsart.
Condition Statement: All lots are sold "as is", neither Matsart nor the seller makes any express or implied warranty of any kind with respect to the description, attribution, literature, former owners, period, provenance, condition and/or frame concerning the lots offered in the auction. No statement in the sale or the invoice or the bill of sale given to purchasers shall be deemed such a warranty, the auctioneer accepts information also from data given by the seller if he trusts his reliability. All bidders are respnsible to examine the work and authenticity prior to bidding. Nonetheless, should the high bidder wish to show the work to a recognized expert (acceptable to Matsart), he must pay for the work and arrange (at his expense) and show to the expert and receive a response within 30 days of sale. Prior arrangements must be made with Matsart to allow that payment be withheld from the seller. Should the expert declare that the painting is not authentic, Matsart will refund money paid for lot (less expenses) under the condition that confirmation of lack of authenticity is received within 30 days of sale. To remove all doubt, following 30 days, Matsart will have no responsibility
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