Auction Guide

How to Bid on Llamart Auctions?

1- Join Llamart by creating your profile

2- Register for auctions: Submit your ID and front credit card scan. You must also approve the terms and conditions.

3- Llamart team might contact you by email to confirm your registration. Bidding access will be granted at Llamart discretion.

4- Once your registration validated, you will be able to place Bid during auctions.

5- Winning bidders will receive an email invoice reflecting their winning bid and buyer's premium. Upon receiving the full payment, the artwork will be shipped to you.

 

Auctions Preview:

You can preview the artworks on the Current section of Llamart Auctions using the Slideshow. Llamart provides a low and high estimation of each artwork only as guidance only.

Bid Increments in USD:

From

To

Bid Increment

$1

$999

$50

$1,000

$1,999

$100

$2,000

$4,999

$200

$5,000

$9,999

$500

$10,000

$14,999

$1,000

$15,000

$19,999

$2,500

$20,000

$99,999

$5,000

$100,000

$249,999

$10,000

$250,000

$499,999

$20,000

$500,000

$999,999

$50,000

$1,000,000

> $1,000,000

$100,000

 

Intelligent Bidding System:

Llamart intelligent bid system helps you to participate in auction by biding on your behalf automatically, as necessary and until a maximum amount you define. By activating the intelligent bid on your computer or mobile device your bids will be placed automatically to outbid the other users until your limit amount. Llamart intelligent bid will follow the bidding increments structure presented bellow. If you are willing to continue biding after reaching the maximum amount defined in your intelligent bid system, you will have to place an regular bid at the next valid amount.

Reserve Price and Opening Bid:

The reserve price is the minimum price that the lot can be sold for during auctions. All artworks are subject to a confidential reserve price that will not be disclosed.  Auctions begin at the opening bid value. Currency reference is USD.

Buyers' Premium:

Llamart takes 10% Buyers’ Premium. This percentage will be added to the winning bid at the auctions closing.

Closing and Winning Bids:

The Winning Bid is the highest bid that equals or exceeds the reserve price at the closing time. The Auctions results will be posted on the Previous section of Llamart Auctions. Auction will only end if there is no bid recorded during the 3 last minutes. If one bid occurred during this period of time the auction time will be automatically extended by another 3 minutes. Placing a bid on Llamart Actions constitutes an irrevocable offer to purchase the artwork. All purchases from Llamart Auctions are final.

Finalize your Acquisition: 

The Winning Bidder will receive an email confirmation immediately upon the auctions closing. Llamart will send you another email in the following day after the auction closing with an invoice reflecting your winning bid and buyer’s premium. It will also mention the payment and the shipping methods available. The Winning Bidder will have 7 days to proceed to the payment after receiving the invoice. The artworks will only be shipped when will Llamart received the full payment.

Payment:

Winning Bidders can proceed to payments by Credit card, Paypal or Wire transfer according to the value of the Winning Bid. Llamart will mention the payment methods available in the invoice sent after the auctions.

Shipping:

Llamart will arrange the shipping with on of its Fine art logistic partners. Our partners provide insurance to guarantee the delivery of you artwork in the best conditions. You are also able to make your own shipping arrangements.