How to Buy

1. SHINWA AUCTION conducts the following types of auctions:

Modern Art Auction

This is the main auction featuring works by Japanese and international artists.
Held 6 times a year.

Modern Ceramics Auction

This auction features ceramics, lacquerware, and bamboo work by Japanese artists.
Held 4 times a year. (March, June, September, December)

Modern Art PartII Auction

Pictures and craft work of more modest prices are included in this auction.
Held 6 times a year.

Other Auctions

Special auctions are held several times a year featuring items such as Post-War and Contemporary Art, Wine, European Decorative Art.

2. Inquire about the auction dates.

Search for the date and location of each auction.

3. Subscribe to auction catalogues

3 weeks before an auction, the sale catalogue is delivered to all subscribers, allowing them to see the articles offered. These catalogues are valuable resources in understanding the current market.

Click to request catalogues.

4. Apply for entry ticket

Entry tickets are provided free of charge.

SHINWA AUCTION CO., LTD.
Ginza Medical Bldg., (formerly Gyosei Bldg.,) 7-4-12 Ginza, Chuo-ku Tokyo 104-0061 JAPAN
TEL : +81 (0)3-3569-0030 FAX : +81 (0)3-3569-0023
Email: english@shinwa-auction.com

You also can apply for a ticket at the preview or at the auction itself.
Please note that to prevent money laundering, we ask you to provide us with information that will confirm your identity, such as a passport. Details will be provided upon receipt of your request.

5. Preview

Prospective buyers are strongly advised to personally examine the property at the preview.
All properties are exhibited.

Please feel free to ask any questions at that time.
The dates of the previews are listed in the catalogues.
They are available by clicking here!

6. Auction

Please come to the auction hall before the auction begins.

We will provide you with a paddle in exchange for your entry ticket.

The Auction will be held only in the Japanese language and will proceed in lot order.
Each article will be shown on the screen. Bidders are advised to confirm that the article is the one they wish to buy before bidding.

The auctioneer will typically seek bids increases of 3 to 5%

When the auctioneer has accepted the final bid and struck the hammer, the auctioneer will call out the paddle number of the buyer and ask that person to raise the paddle number so the number can be recognized.

*No bidding is accepted after the hammer sounds.

7. Successful bid

Successful bidders are asked to exmaine the confirmation documents carefully and then sign. Successful bidders are to pay the final bid price plus the buyer’s premium, in addition to consumption tax.

Buyer’s Premium

For each lot, up to and including 2 million yen of a winning bid is charged a commission at a rate of 16.2%(including tax). Winning bids beyond 2 million yen up to and including 50 million yen is charged a commission at a rate of 12.96%(including tax). Additionally, any winning bids beyond 50 million yen will be charged a 10.8% rate (including tax) on the remainder of the bid.

Amount of Hammer price

up to and including 2,000,000 yen
16.2%
beyound 2,000,000 yen up to and including 50,000,000 yen
12.96%
beyound 50,000,000 yen
10.8%

example) 60 million yen hammer price

Hammer price
60,000,000 yen
Commission
324,000 yen (16.2% of 2,000,000yen)
Commission
6,220,800 yen (12.96% of 48,000,000yen)
Commission
1,080,000 yen (10.8% of 10,000,000yen)
Total
67,624,800 yen

8. Payment

Buyers must pay within 10 calendar days of the sale.

Payment can be made into our bank account, by cash, or by bank cheque.

After payment is complete, the property can be collected one day after the auction at SAA office.

The receipt handed to buyers at the time of sale must be shown in order to take possession of the work.

Those who wish the item to be delivered can fill out the request form enclosed with the bill.

9. Download Forms

Please click here to download all forms.

AUCTION CALENDAR