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The Expressive Modernism of Kostis Georgiou Article featured image
Articles

As the expansive private collection of Kostis Georgiou’s works is offered for sale in Limassol, we explore his unique philosophy and bold expression.

Kostis Georgiou: A Private Collection. Selling exhibition. A handpicked collection of exquisite masterworks. 28 May-10 August 2024
Events

Peter’s Gallery is pleased to present a curated private collection of more than 30 exquisite works by award-winning artist Kostis Georgiou.

Peter's Gallery VAT Reduction: Now at 5%
Announcements

VAT update: 5% rate on art purchases. Our biggest reduction in 50 years, providing attractive pricing for clients.

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Please be advised offers ranging 5% to 15% below the original price have a higher chance of acceptance.

(Prices do not include VAT)

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Peter's Gallery

Hours:

Monday-Saturday

10:00 – 13:00, 16:00 – 18:30

Plan Your Visit

Please keep in mind that not all items are on display. We will be happy to provide assistance with arranging a private viewing upon request. Please contact us should you have specific viewing requirements or any questions relating to your visit.

How offers work

After entering your offer price, you will receive a reply within two (2) business days, letting you know if your offer was accepted or countered.

The email will include payment instructions. Be advised items are not put on hold and will remain available for purchase until your transaction is completed.

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Buyer's Premium & VAT

The total purchase price is calculated, in short, as such:

Hammer Price + Buyer’s Premium (12%) + *VAT (5% or 19%)

The Buyer’s Premium is added to the Hammer Price (winning bid) and is included as part of the total Purchase Price payable by the successful Bidder. In an Online Auction conducted by Peter’s Gallery, the Buyer’s Premium rate is as follows: 12% of the Hammer Price of any amount. 

*Value Added Tax (VAT) applies as follows: artworks are taxed at a reduced rate of five percent (5%) (‡ symbol) or nineteen percent (19%) († symbol) on the hammer price, depending on the item. For items marked with the Omega symbol (Ω), the hammer price is exempt from VAT. A nineteen percent (19%) VAT applies to the Buyer’s Premium for all items, regardless of the symbol.

The VAT and Buyer’s Premium will be applied on the checkout page.

Familiarise yourself with the auction terms by reading the Auction Glossary.

Read the auction Terms & Conditions in English and Greek here.

Visit the FAQ page for more.

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Secure Transaction

Peter’s Gallery is committed to protecting your personal information and securing our computer systems.

We consider the confidentiality of your personal information to be important and we use SSL, the newest and most recent standard security technology to safeguard your transactions and data from manipulation, destruction, or access by unauthorized persons and to prevent unauthorized disclosure.

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The secondary art market

The term “secondary market” refers to art that has been sold at least once before. In simpler terms, the secondary market deals with resale, typically with artworks by artists who have a substantial reputation. For example, most artworks sold through auction houses form part of the secondary market.

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Certificate of Authenticity

A Certificate of Authenticity is essential to identify and attest to an artwork's genuineness and provenance. Peter's Gallery issues a Certificate of Authenticity to accompany every piece from our collection.
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Aftersale

Unsold artworks from the latest auction are now available for purchase at their starting price for a limited time. The Aftersale offers a second chance for unclaimed items to find their new collector. They can be viewed on this page under the ‘Aftersale‘ label or by visiting the gallery.

For a direct view of the Aftersale items only, you can browse them here.

Notice

Effective May 2024, Peter’s Gallery has lowered its VAT rates from 19% to 5% for all categories excluding Silkscreen prints & Poster prints. Please refer to our announcement and our Terms and Conditions for more information.

Lot Prices

Please note that Lot prices listed on this page are exclusive of the Buyer’s Premium, of any applicable taxes and costs, unless otherwise noted.

Auction closing times

Lots will close at their scheduled time unless a bid is placed within five minutes of a Lot’s scheduled closing time, in which case we will extend the sale of that Lot by five minutes.

The extension of any Lot’s closing time does not affect any other Lot’s closing time; therefore, it is possible that Lots will close out of the announced auction ending time. Lots may extend for up to two hours to accommodate competitive bidding.

Enquiry

Contact us and we will advise further on this item.

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Estimation Form

Answer these quick questions and help our dedicated Support Team send a quotation to you faster.

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Please upload up to three (3) colour photos of your item. Format types: JPG, PNG, TIFF. The image size limit is 8MB.

Portfolio Submission

Upload up to three (3) colour images of your artwork. Complete this form for each item.

If you’re an artist interested in submitting your artwork(s) for selling at auction then kindly submit your artwork(s) here.

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Please upload three (3) colour photos of your item: Front, back and signature. Format types: JPG, PNG, TIFF. The image size limit is 8MB.
Please upload up to three (3) documents. Format types: PDF, JPG, TIFF or PNG. The file size limit is 8MB.

You can update your email preferences or unsubscribe at any time by emailing us.

Note:

– Please include prices if you have established prices for your artwork. If you do not have established prices and are not certain of how to price your work, the gallery team will assist represented artists with pricing; this assistance is offered as part of Peter’s Gallery representation.

Symbols Definition

†  The single dagger symbol indicates these items will be sold under the 19% VAT standard rate on the hammer price.

‡ The double dagger symbol indicates these items will be sold under the 5% VAT reduced rate on the hammer price. For more information on the reduction, please see our announcement.

Ω The Omega symbol indicates these items are VAT exempt on hammer price; 19% VAT applies to premium.

#  The hash symbol indicates 19% VAT applies only to buyer’s premium.

◆ The diamond symbol indicates 19% VAT applies to hammer price and buyer’s premium.

△  The triangle symbol indicates there is no reserve price in place.

☐ The square symbol indicates there is a reserve price.


The VAT and Buyer’s Premium will be applied on the checkout page.

• This guide explains how the total purchase price is calculated.

• View the glossary of terms to familiarise yourself with the language of auctions.

• Read the auction Terms & Conditions in English and Greek for more.

• Visit the FAQ page for further assistance.

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