Seoul Auction

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Notifications

Real-time online bidder shows one's bidding intension by clicking "Bidding" button on the desired price.
If two or more salesroom, absentee, telephone, or online bidders are competing for the same price, priority will be given in the following order: absentee > salesroom > telephone > online.
Seoul Auction has no responsbility for any errors or omissions in onling bidding due to the time difference by company or bidder's computer/network/mobile environment.

Applicant Information

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Consent to all (required)
I have read and understood the Precautions and the methods of absentee and telephone bidding process through the catalogue and website.
The online bidding may be delayed or omitted due to the network environment/speed etc. Seoul Auction will make reasonable effort to process the bid; however, the company is not responsible for errors.
Bidding is conducted based on the premise that the current conditions of the artwork have been seen and checked in person.
Once you submit an absentee or phone bid via our online platform, it cannot be cancelled.
Submitted bids become effective once they are approved by Seoul Auction. Seoul Auction reserves the right to refuse or revoke the permission to bid for any reason.
The successful buyer must complete the full payment (including buyer’s premium) within 7 days (or within 21 days from the date of sale of the lot(s) if the hammer price is over KRW 300 million). The buyer’s premium is 18% (VAT not included) in Korea and 20% in Hong Kong.
The successful buyer must immediately pay a buyer’s withdrawal fee, corresponding to 30% of the hammer price, if 1) the successful buyer fails to make the full payment (including buyer’s premium) until the payment deadline or 2) withdraws the successful bid for unavoidable reasons.
Some artworks may be cultural heritage properties as outlined by the Cultural Heritage Protection Act and, therefore, not allowed to leave Korea.
I have read understood Seoul Auction's Terms & Conditions and agree to be bound by them. Seoul Auction Terms & Conditions

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