Menzies Art Brands

After-Sale Notification

A few days of the auction, you will receive an after-sale advice listing the final hammer price of each lot, or, in the event that the work went unsold, notification that it was 'passed in'. The advice should include deductions for commission and any outstanding fees and charges that maybe applicable to your consignment. Our website lists both the hammer price and the price inclusive of buyer's premium.

Menzies will invoice buyer's and secure payment and receipt monies into our vendor trust account. Vendors can anticipate payment for lots sold into your nominated account approximately 35 days after the sale, subject to cleared funds. Please ensure that you have let Menzies know in advance your account details for funds transfer. The final proceeds of sale will be equal to the hammer price of each lot sold, less seller's commission and any fees and charges as agreed at the time of consignment or by subsequent agreement in writing.

Menzies actively continues to market unsold works, and a Menzies' specialists will advise of any post-sale offers. Menzies recommends that unsold works remain on our premises for 7-14 days after the auction, so that they may be viewed by any prospective buyers. After this time, unsold works will be available for collection provided that any outstanding fees relating to the consignment have been paid in full. For vendors located interstate and in closer proximity to Menzies' other premises (ie. the gallery that did not host the auction), Menzies offers complimentary shipping of unsold works to that gallery. Due to space constraints, Menzies requests that vendors arrange collection of all unsold works within fourteen (14) days of the auction.

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