HeZhengTang Art Auction Bidding Rules

 ※A deposit of 1,000,000 yen is required to participate in each art auction.※

① How tobidding

Guests who haveregistered with AW and are qualified to participate in the auction canparticipate in on-site bidding directly through the AW website.

Please apply forthe bidding amount in advance based on the value of the lot.

Note: In the caseof the same bid, the winning bid will be given to the on-site guest first.

② Buyer’sfee:

The buyer'shandling fee is 18% of the auction price,the tax is 1.8%, and the total handlingfee is 19.8%.

Example:  Hammer price        10,000yen

          Hammer drop handling fee  1,800 yen

          Tax                   180 yen

       Need to pay 10000＋1800+180 = 11980 yen

③ Return

All itemspurchased from Hezhengtang- Arts Auction Co., Ltd. are non-refundable, so pleasebid with caution.

④　Shipping fee

The bill displayedonline after the auction does not include shipping charges. After the lot isweighed and piece-wise, it will be credited to the bill for collection.

（Packing Charges 5000JPY/ One Pack）

⑤Delivery, product and other related consultation matters

We do not acceptpackage shipments from other companies and Hezhengtang- Art Chamber of CommerceContractors. Specific consultation is as follows:

Phone number: +81-06-6227-8680

Address: 〒542-0081 大阪府大阪市中央区南船場2-4-23東泉ビル１F

Email:caitao@hezhengtang.jp

⑥Buyer’s remittance

Payment will becollected uniformly by AW. (Payment term is within 7 days) Please refer to theelectronic version of Invoice and click to view

⑦. Bid Increment