Buying - dutch auction

What is a Dutch auction? 

A Dutch auction is a specific type of auction during which an asking price is gradually lowered. The first participant  who makes a bid for an object becomes a buyer.    

The gradual lowering of the price is as follows: the first price is a price lowered by ca. 20% in relation to the initial price. The following decrements of the price total ca. 5% of the initial price and take place 7 days after the moment of the publication of the object on the website of the Dutch auction at the earliest,  always on Thursdays at 14 p.m.   

How to bid?

Persons who are authorized to take part in the bidding must register on the website of the Dutch auction by giving their full name, telephone number, address, e-mail address as well as state that they have acquainted themselves with the auction regulations. 

After logging in to the website of the Dutch auction the participants may buy the object of interest at the currently displayed price using the option buy now. The participants must confirm every time their  will to buy the object. They must also remember about the auction commission which totals 15% of the purchase price. After the purchase of the object, the Buyer receives an e-mail with the total sum for which the object has been bought as well as with the further way of proceeding.     

How to regulate the payment and collect the object? 

The auctioned object should be bought within five days from the date of the transaction. The purchase  may be made by a bank transfer, including in the title the number of the object, full name of its author, or upon collecting the object at Rempex Auction House. 

Rempex Sp. z o.o.
ul. Barcicka 38
01-839 Warszawa
Bank Ochrony Środowiska S.A.

PL 09 1540 1157 2115 6680 9379 0001
Swift: EBO SPL PW 

The buyer may make the payment as well as collect the auctioned objects at the seat of  Rempex Auction House.  

Rempex Action House
31, Karowa St.
Warsaw, 00-324

Opening hours:
Mondays-Fridays 11.00 – 19.00.
Saturdays: 12.00 – 15.00.

Tel: 22 826  44 08

We kindly request you to visit Rempex Auction House to get acquainted with the object before the purchase, as well as with its technical state, and to obtain  more information about the object. 

Should you wish the purchased object be sent to you directly, we kindly ask you to contact our sales department  by phone or e-mail : 22 826 44 08, salon@rempex.com.pl

Should you have any questions or comments relating to Dutch auctions, we kindly request you to contact our sales department by phone or e-mail : 22 826 44 08, salon@rempex.com.pl