Auction rules

It’s easy to buy and sell with Enakor - here’s how:

REGISTRATION

To participate in the auction you must register by filling in the registration form. You can find it on the website, on the last page of the catalogue and also in the auction house. Register just before the auction and receive a bidder‘s paddle.

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BIDDING

The bidding is carried out by writing in the empty field the amount you want, which must be equal to or greater than the announced starting price. This process happens automatically if you previously have entered the final amount for you.

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WRITTEN PURCHASE ORDER AND TELEPHONE BIDS

You can submit a written purchase order up to one hour before the auction. You can fnd the forms for this online, inside the catalogue, or at the pre-auction viewing . Enter the purchase limit up to which we are authorised to bid on your behalf. We guarantee that you will win the bid under your purchase limit if there are no higher bids.We guarantee that you will win the bid under your purchase limit if there are no higher bids.

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You can also bid over the telephone. Let us know which objects you are interested in and ensure that you are reachable over the phone during the auction. We will call you directly from the auction room when your lot comes up so you can participate in bidding live over the telephone.

AFTER THE AUCTION PAYMENT AND COLLECTION  

Please note that the hammer price does not include the buyer‘s premium . The buyer’s premium is 15%. These will be added to the hammer price. After you are awarded a lot, you can settle the open amount at the auction cash desk. Of course, you may also transfer the amount. The bank account of the Auction house „Enakor”: IBAN: BG53 FINV 9150 1000 0006 90 BIC: FINVBGSF FIB 37, Dragan Tsankov Blvd. 1797 Sofa *0 as a zero not the letter O. Otherwise the payment will not be accepted. After the auction we will gladly inform you by e-mail or telephone if your bid for your desired lot was successful.

STARTING PRICES  

The starting price can be seen in the catalogue next to the picture of each object. All of the prices are in Bulgarian lev.

WARANT

All of the objects from the auction have the needed documentation according to the Bulgarian Law.

BUYER PREMIUM

Additionally, on the achieved price of each sold object, the buyer pays a premium for the auction house in the amount of 15% of the price at which the object was won. For example: If the object is sold for BGN 100, the price the buyer pays is BGN 115.

** The bidding step can be changed in each auction, please see the last pages of the respective auction in which you want to participate.

PAYMENT

Payment for the sold items can be made immediately after the auction or within four working days from the date of its holding. It can be done through the virtual POS terminal directly on our website, by bank transfer, in cash or by card in the gallery of the auction house.

The bank account of ENAKOR Auction House in BGN is:  IBAN: BG53 FINV 9150 1000 0006 90 BIC: FINVBGSF

The bank account of ENAKOR Auction House in EURO is:  IBAN: BG53 FINV 9150 1000 0006 90 BIC: FINVBGSF IBAN: BG16FINV91501015929629 BIC: FINVBGSF

When the amount is or exceeds BGN 10,000, the payment must be made by bank transfer. If a participant does not pay for the object the amount he has earned together with the premium for the auction house within 7 working days and after a reminder, then the auction house has the right to offer this object to another client and reserves the right to take all necessary steps under Bulgarian law to compensate for its losses from the actions of the buyer who has given up. Also, the auction house has the right not to allow this buyer any more at its auction.  

RECEIPT OF OBJECTS

Receipt of the objects takes place immediately after their payment. In case of payment by bank transfer, the receipt is made after confirmation by the bank that the entire amount has been transferred to the account of the auction house. Sending by courier company takes up to three working days (for Bulgaria). For international shipping the auction house will contact you for detailed information.

BIDDING IN THE SALES ROOM

Under 100 BGN – 10 BGN From 100 BGN to 500 BGN. – 20 BGN From 500 BGN to 1 000 BGN – 100 BGN From 1 000 BGN.to 5 000 BGN – 100 BGN Above 5 000 BGN – 200 BGN The auctioneer awards the object to the highest bidder with the announcement “Sold” and a hammerknock.

ENAKOR AUCTION HOUSE

Auction House „ENAKOR“ is a single limited liability company with headquarters: 44 Yanko Sakazov blvd, 1000 Sofia, Bulgaria license No. RU02-3 / 09.2016 by the Ministry of Culture of the Republic of Bulgaria to perform tendering activity and permit No. РУ02-0002 / 23.11.2011. by the Ministry of Culture for carrying out commercial activity with identified cultural values.

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