Buying

Our Bids department offers various methods of buying at auction: in person, absentee bidding, via telephone and online. You will need to sign up for each auction or simply attend the sale if you plan to bid in person. New clients do not need to set up an account before bidding as one will be created for you upon initial registration.

Our specialists will provide a condition report on any specific work of art at the bidder’s request.
Payment information New York Auctions | PDF
Payment information London Auctions | PDF
Shipping form New York | PDF

Shipping form London | PDF

In Person
If you are able to attend the auction, you may bid in-person. Please register for a paddle in advance by filling out our pre-registration form.
Registration form New York Auctions | PDF
Registration form London Auctions | PDF

Absentee and Telephone Bidding
If you cannot attend an auction and wish to bid, you can complete the bid form for either Absentee or Telephone Bidding and fax the completed form to the fax number stated at the top of the form or scan and email to bidslondon@phillips.com or bidsnewyork@phillips.com. For Absentee Bids, Phillips will execute your bid(s) and attempt to purchase the lot for you at the lowest price, allowing for other bids and reserves. For Telephone Bids, we will contact you during the sale, and a saleroom representative will bid live with you over the phone. All bid amounts do not include the Buyer’s Premium and any applicable sales tax.
Bid form New York Auctions | PDF
Bid form London Auctions | PDF

Online Bidding
Phillips offers clients the ability to watch auctions online and place real-time bids through our dynamic live bidding platform. You must register to bid live 24 hours in advance of the sale in order for the bid department to approve your registration. To bid online from a PC or MAC you must have Flash installed.

Buyer's Premium
This is the amount of money automatically added to the “hammer price” and paid by the successful bidder as part of the purchase price.
· United States (USD): (i) 25% of the hammer price up to and including $100,000, (ii) 20% of the portion of the hammer price above $100,000 up to and including $2,000,000 and (iii) 12% of the portion of the hammer price above $2,000,000.
· United Kingdom (GBP): (i) 25% of the hammer price up to and including £50,000, (ii) 20% of the portion of the hammer price above £50,000 up to and including £1,000,000 and (iii) 12% of the portion of the hammer price above £1,000,000. In addition, VAT may be payable on the buyer’s premium and/or hammer price. In certain circumstances, the Artist’s Resale Right is also payable as part of the purchase price.

In addition, the buyer must pay all applicable sales, use and excise taxes.

* Update Regarding Buyer's Premium (Effective 25 April 2013)
Following recent changes, Phillips has adjusted its Buyer’s Premium schedule to reflect an increase in the fee paid by the successful purchaser of a lot at auction. This adjustment widens the price thresholds at which fees are applied (see above) but represents no change in the fee percentages themselves.

The Reserve
Most lots sold at auction are subject to a reserve, which is the confidential minimum price at which the property may be sold and which will never exceed the low-presale estimate printed in the catalogue. The reserve price is known only to the consignor and Phillips. Lots offered with no reserve are noted in the catalogue with a symbol after the estimate price.

Conditions of Sale & Guide for Prospective Buyers
Buyers are urged to read Phillips' Conditions of Sale prior to bidding at any auction. Particular attention should be given to any symbols displayed next to a lot in the catalogue. An explanation of all symbols is always printed in the Guide for Prospective Buyers, which appears immediately preceding the Conditions of Sale at the back of the auction catalogue.

In reference to our New York sales, please refer to our Conditions of Sale and Guide for Prospective Buyers:
Conditions of Sale | PDF
Guide for Prospective Buyers  | PDF

In reference to our London sales, please refer to our Conditions of Sale, Guide for Prospective Buyers, and VAT Guide for Buyers:
Conditions of Sale | PDF
Guide for Prospective Buyers | PDF
VAT Guide for Buyers | PDF

Buying
Calendar

28 April

Evening & Day Editions NEW YORK
Auction 11am & 6pm

29 April

Design LONDON
Auction 2pm

29 April

The Architect LONDON
Auction 6pm

30 April

Jewels NEW YORK
Auction 10am

08 May

Photographs LONDON
Auction 4pm

12 May

Contemporary Art Evening NEW YORK
Auction 7pm

13 May

Contemporary Art Day NEW YORK
Auction 11am

29 May

Latin America NEW YORK
Auctions 4pm

11 June

Design NEW YORK
Auction 7pm

12 June

Evening & Day Editions LONDON
Auctions 2pm & 6pm

02 July

Contemporary Art Evening LONDON
Auction 7pm

03 July

Contemporary Art Day LONDON
Auction 2pm

03 July

Paddles ON! LONDON
Auction 8pm

Related Links

Calendar
Departments
Selling
International Network
Email Alert Sign-Up

Related Links


Client Accounting
New York
+1 212 940 1235 Buying
+1 212 940 1232 Selling

London
+44 20 7318 4020 Buying
+44 20 7318 4072 Selling

Bid Department
+1 212 940 1228 New York
+44 20 7318 4045 London