Mondoir helps collectors find artworks through private collections, galleries and auction houses in 40+ countries.
What are the sourcing fees and deposit?
A deposit equal to 5% of your declared maximum artwork budget is payable after signing the sourcing agreement. It is an advance, not an additional purchase charge.
If you acquire an artwork, the entire deposit is credited against the artwork purchase price. There is no separate successful-acquisition service fee.
For a USD 100,000 maximum budget, the 5% deposit is USD 5,000. If you buy an artwork for USD 80,000, all USD 5,000 credits the artwork and the remaining artwork balance is USD 75,000. No 3% service fee is added. Separately agreed shipping, taxes and third-party costs are itemized separately.
If you decline acquisition or cancel the sourcing agreement, USD 1,000 per documented calendar day of active sourcing work may be deducted from the deposit. A billable day is a calendar day on which sourcing work was actually performed for your request, not every day the request remained open. The signed agreement authorizes this daily rate; active days must be reasonably documented. The daily-fee deduction is capped at the deposit, and the remaining deposit balance is refundable.
If no suitable artwork is found, the deposit is refunded in full, less documented third-party costs incurred with your prior approval. The USD 1,000/day deduction does not apply merely because no suitable work was found.
What documentation is available?
Certificates of Authenticity and supporting provenance depend on the artwork and its listing. Where supplied, the certificate is issued by the artist, estate, gallery or seller identified in the documentation. For sourced artworks, Mondoir provides documentation reasonably available from the seller and acts as an intermediary; it does not promise a certificate for every sourced work or independent authentication of every seller representation. Blockchain provenance records a digital token's history and does not by itself prove the authenticity of the underlying artwork. Ask Mondoir to confirm the documentation and any artwork-specific guarantee before purchase. If authenticity is disputed, contact Mondoir with your order details and supporting evidence so it can review the matter with the seller; remedies depend on the sale agreement and applicable law.
