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Selling at Della Rocca’s

If you have property you wish to sell, the procedure entails several steps:

Before selling

Evaluation of the objects

Signing the selling contract

After selling

Communicating auction results and payment

Seller’s expenses

Collecting unsold objects

Evaluation of the objects

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In order to have an evaluation of the objects you wish to sell, you should contact Della Rocca Auction House to arrange a consultation. Our experts will be glad to help you in obtaining the best results from a sale at auction.

You can contact us by telephone or e-mail.

Signing the selling contract

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Following the evaluation, if you decide to proceed you will have to sign a selling contract. This is a document which authorizes Della Rocca to sell all the objects listed, each with the indication of a ‘reserve price’. The ‘reserve’ is the strictly confidential minimum selling price, agreed upon by you and Della Rocca before the sale, below which the object cannot be sold.

The objects on sale at auction are outlined in the catalogue with descriptions of their characteristics and conditions. These notes include the estimated selling price and – usually – a photograph.

Communicating auction results and payment

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After the auction, Della Rocca Auction House communicates the outcome of the sale by post. The payment of the final hammer price, net of our commissions and any agreed-upon expenses, will be sent 30 business days from the date of the sale by check or wire transfer. The payment will be carried out provided we are in receipt of the buyer’s payment and there haven’t been any complaints or disputes regarding the lots.

Seller’s expenses

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The seller is bound to pay Della Rocca a commission (agreed upon before the sale) that is deducted from the final hammer price.

Whatever the outcome of the auction, the seller will be in any case charged transport, cataloguing and insurance expenses.

The insurance cover entails a premium rate of 1% on the reserve price, with a minimum of  EUR 5,00 in case of unsold lots.

The seller is also charged the Artist’s Resale Right (or ‘Diritto di Seguito’, Dlgs n.118 of 13/02/2006) fee, that is to say a resale royalty which artists who are living or have died in the last 70 years are entitled to each time one of their works is resold.

Collecting unsold objects

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The selIer is held responsible for collecting any unsold objects within 30 days from the date of the sale, unless he agrees with Della Rocca upon a reduction of the reserve prices and allows for the time necessary for further attempts at sale, even through private treaties. Once the above-mentioned term has expired, Della Rocca will no longer be liable for the custody or any possible damage or deterioration of the objects. The Auction House will be entitled to assess storage costs.