Fortuna Private Auctions


Increases in the bid amount in rapid succession...

The auctioneer's eyes roam the entire room...

The atmosphere is electrifying...

and at the last minute, the hammer falls ... SOLD!

This scenario is common in the auction rooms and began to be lived in the rooms of FORTUNA PRIVATE AUCTIONS.​.

FORTUNA PRIVATE AUCTIONS offers you the possibility of buying, knowing each of the details of the artwork, movable or real property​ that interests you, accessing our virtual sales room and / or attending private auctions organized annually.

During our career we have perfected the art of private auctions, while we update and innovate in the process continuously.

In private auctions, our staff will be happy to help you by guiding you through simple steps to reach a profitable conclusion: the acquisition of a desired object or a successful sale..


How to Buy

Virtual Gallery: here you will find the corresponding catalogs with the different lots prior to the auction, with their respective dates of completion. It is free and open to the public.

You will also find local Authors' Works and lots of unique properties that are not integrated in the auction list.

2. Registration of the Offer: each sale requires that bidders who wish to make their offers register themselves in advance. Photo identification and contact information will be required. If this is your first time at FORTUNA PRIVATE AUCTIONS, we will also ask for your credit information (including the name of your bank, contact at the bank, account number and telephone number).

3. Decide how to bid:

  • In person: prior to entering the room, you will be given a palette associated with your registration number. When the property of your interest goes on sale, you will simply raise your palette to indicate your offer. The auctioneer will accept the increases of the offers one by one, you will continue raising your palette while you continue bidding, accepting the amount that the auctioneer is saying or denying if you no longer continue in the bid. After one minute since the last offer and the bidding is not continued by those present, the auctioneer will recognize the last bidder as the successful buyer and lower the hammer. Sold!
  • Offer in writing: request the "Offer Form", where you will choose the lot of your interest, identifying the property, with the corresponding code. Then you specify your maximum bid amount, fill in all the other requirements and send the form to the Sales Department at least 24 hours before the auction. A member of the staff of FORTUNA PRIVATE AUCTIONS will assure you the lowest possible price.

4. After the auction: the results, the payment, the transportation:

  • Results of Auctions: To know the status of your offer, please contact us at the Sales Department via mail or telephone, indicating the identification of your customer number.
  • Payment: the successful bidder will receive an invoice, payment instructions and shipping information by post. The amount is the hammer price plus the buyer's commission including any type of premium or sales tax. The payment must be made no later than 72 hours after the auction and crediting the same to our Sales Department, otherwise, the previous bidder will be contacted, giving him the possibility of acquiring the property or will be deserted from the auction.
  • Shipping: FORTUNA PRIVATE AUCTIONS, can help with the packaging and shipping of the goods purchased, but buyers can turn to their own carriers. Objects that remain longer than stipulated in the conditions of sale, will be subject to a charge for storage, handling, taxes and insurance.

HOW TO SELL

FORTUNA PRIVATE AUCTIONS offers you the possibility to sell at the best price or to the highest bidder.

We have a large database of potential buyers around the world; and a team of notable professionals in marketing and public relations.

We offer you the possibility of speaking with a specialist and contacting us in order to incorporate your property to the auctions that are open for the reception of properties for sale or to offer them in our virtual gallery.

FORTUNA PRIVATE AUCTIONS provides you with complimentary price estimate for the object, being able to request an estimate by mail. (Bear in mind that the complementary estimates are provisional and subject to a personal review by a specialist of FORTUNA PRIVATE AUCTIONS).

1. Steps from consignment to sale: the "Letter of Agreement" is a contract between the seller (consignor) and FORTUNA PRIVATE AUCTIONS, where the owner agrees that FORTUNA PRIVATE AUCTIONS sell their property in one of its rooms, identifying sales conditions, value for services and liability, such as insurance in case of theft, loss or damage.

It operates with a sliding scale of commission rates, based on the annual sales of the client and varying the ranges of fees according to the location, and depending on whether the client is an art dealer or belongs to non-profit institutions.

2. Notification of sale and payment: shortly after the auction, a notification is issued with the result of the properties sold. If it has not been sold, the possibility of republishing for a next sale at the auction or virtual gallery will be informed.

Payments are made within 35 days after each auction. Accompanied by a document that specifies the amount obtained from the sale, the commission and charges for expenses that may exist.


REQUEST ADVISING Catalog 12/01/2017 Catalog 27/08/2016 Catalog 04//2016