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Modern and Contemporary Art Online Live Auction

by 33 Auction
August 21, 2022 3:30 PM WIB Live auction
Jakarta, ID | Auction Details
Items shown for price research

160 Lots


Payment

Accepted Forms of Payment: American Express, Discover, MasterCard, Money Order / Cashiers Check, Personal Check, Visa, Wire Transfer

Payment must be made within seven calendar days of the sale and may be made by telegraphic transfer direct to PT Balai Lelang Linda bank account. Please include your name, 33 Auction's account number and invoice number with your instructions to your bank.
Payment can also be made by Indonesian Rupiah banker's drafts (drawn on a recognized Indonesian bank). Although personal and company cheques are accepted, you are advised that property will not be released until such cheques have cleared.

Payment by credit card via integrated Invaluable invoice is available and a service fee of 4% will be applicable. Your card on file maybe charged 4 days after an invoice has been sent.

Shipping

Collection
Lots will be released to you or your authorized representative when full and cleared payment has been received by 33 Auction. After thirty days or from the time of collection, whichever is the earlier, the Lot will be entirely at the Buyer's risk.

Storage and Insurance
All purchases will initially be held for collection at 33 Auction's premises at no charge. 33 Auction provides insurance coverage for a maximum of thirty days after the sale. Storage charges will be incurred one month after the date of the auction at the rate of IDR 500,000 per lot per month.

Packing and Handling
We shall use all reasonable effort to take care when handling and packing a purchased lot but the Buyer is reminded that after thirty days or from the time of collection, the lot is entirely at the Buyer's risk.

Shipping
33 Auction's Shipping Department can advise buyers on exporting and shipping property. Please complete and sign the shipping instruction form sent with your invoice if this service is required. Purchases will be despatched as soon as possible upon clearance from the Accounts Department and receipt of your written despatch instructions and of any export licence or certificates that may be required. Shipping will be arranged at buyer's expense. Your shipper will include a quote for transit insurance. All shipments should be unpacked and checked on delivery and any discrepencies notified to the transit insurer or shipper immediately.

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Details

33 Auction is pleased to announce that the 2022 Spring online live auction will take place on 21 August 2022. An impressive offering of works by renowned Indonesian, as well as Chinese modern contemporary artists are presented in this auction. Highlighting the auction is a rare and highly valuable Portrait of Affandi painted by Hendra Gunawan. In addition, the auction also offers a group of works by Haji Widayat, 10 lots by Arie Smit, 3 lots by Jeihan Sukmantoro. The auction will also feature Mother and Child by the ‘father of Singapore sculpture’ Ng Eng Teng, Dua Wanita by Mochtar Apin, Masks by Srihadi Soedarsono, Selfie Dulu, dong ! #2 by Sunaryo, Swan by Brother Joseph Mc Nally as well as Little Knight and Waterflow by Li Jikai.

Viewing Notes

20 Aug (Sat) | 10am – 9pm 21 Aug (Sun) | 10am – 3pm Shangri-La Hotel Jakarta, 1st Floor Sumatera, Java, and Sulawesi Room Jl. Jenderal Sudirman No.Kav. 1 Jakarta Pusat 10220, Indonesia Jakarta Viewing 1 Aug – 19 Aug | 10am – 6pm Jl. Brawijaya IC No. 4 Jakarta Selatan 12160 By appointment only: WA to +62-811881133 Singapore Viewing 1 Aug – 21 Aug | 10am – 6:30pm 39 Keppel Road #04-04 Singapore 089065

Buyer's Premium

25.0%

From: To: Increment:
IDR0 IDR9,999,999 IDR500,000
IDR10,000,000 IDR19,999,999 IDR1,000,000
IDR20,000,000 IDR49,999,999 IDR2,000,000
IDR50,000,000 IDR99,999,999 IDR5,000,000
IDR100,000,000 IDR199,999,999 IDR10,000,000
IDR200,000,000 IDR499,999,999 IDR20,000,000
IDR500,000,000+ IDR25,000,000

Conditions of Sale

The sale is governed by 33 Auction Conditions of Business. Prospective buyers are advised to examine the conditions of business carefully and refer to the guide for prospective buyers before bidding.

Payment

Payment must be made within seven calendar days of the sale and may be made by telegraphic transfer direct to PT Balai Lelang Linda bank account. Please include your name, 33 Auction's account number and invoice number with your instructions to your bank.
Payment can also be made by Indonesian Rupiah banker's drafts (drawn on a recognized Indonesian bank). Although personal and company cheques are accepted, you are advised that property will not be released until such cheques have cleared.

Payment by credit card via integrated Invaluable invoice is available and a service fee of 4% will be applicable. Your card on file maybe charged 4 days after an invoice has been sent.

Post Auction Collection and Shipping

Collection
Lots will be released to you or your authorized representative when full and cleared payment has been received by 33 Auction. After thirty days or from the time of collection, whichever is the earlier, the Lot will be entirely at the Buyer's risk.

Storage and Insurance
All purchases will initially be held for collection at 33 Auction's premises at no charge. 33 Auction provides insurance coverage for a maximum of thirty days after the sale. Storage charges will be incurred one month after the date of the auction at the rate of IDR 500,000 per lot per month.

Packing and Handling
We shall use all reasonable effort to take care when handling and packing a purchased lot but the Buyer is reminded that after thirty days or from the time of collection, the lot is entirely at the Buyer's risk.

Shipping
33 Auction's Shipping Department can advise buyers on exporting and shipping property. Please complete and sign the shipping instruction form sent with your invoice if this service is required. Purchases will be despatched as soon as possible upon clearance from the Accounts Department and receipt of your written despatch instructions and of any export licence or certificates that may be required. Shipping will be arranged at buyer's expense. Your shipper will include a quote for transit insurance. All shipments should be unpacked and checked on delivery and any discrepencies notified to the transit insurer or shipper immediately.

Premium and Fees

Buyer's Premium
A Buyer's Premium will be added to the hammer price and is payable by the buyer as part of the total purchase price. The buyer's premium is 20% of the hammer price on each lot.
Successful bidding via Invaluable platform will be charged a service fee of 5.0 % of hammer price.

Taxes

Successful bidder will also be responsible to pay all relevant taxes.