Page 132 - Pandolfini Asian Art Auction Dec. 19, 2019

1. Pandolfini CASA D’ASTE S.r.l. is entrusted with objects to be sold 9. The lots are sold by the Auctioneer; in case of dispute, the
in the name and on behalf of the consignors, as stated in the deeds contested lot will be re-offered in the same auction starting from the
registered in the V.A.T. Office of Florence. The effects of this sale involve last bid received. A bid placed in the salesroom will always prevail
only the Seller and the Purchaser, without any liability on the part of over an absentee bid, as in n. 6.
Pandolfini CASA D’ASTE S.r.l. other than that relating to the mandate
received. 10. Pandolfini CASA D’ASTE S.r.l. may immediately request the payment
of the final price, including the buyer’s premium; it is due to be paid
2. The objects will be sold to the highest bidder. The transfer of a however no later than 12 p.m. of the day following the auction.
sold lot to a third party will not be accepted. Pandolfini CASA D’ASTE
S.r.l. will hold the successful bidder solely responsible for the payment. 11. Purchased and paid for lots must be collected immediately
Notification of the participation at the auction in the name and on behalf and, in any case, no later than 10 (ten) days from the date of the
of a third party is therefore required in advance. actual payment made to Pandolfini CASA D’ASTE. Failing this,
Pandolfini CASA D’ASTE S.r.l. will be entitled to storage charges, and
3. The estimates in the catalogue are purely indicative and are expressed will be exempt from any liability for storage or possible damage to
in euros. The descriptions of the lots are to be considered no more than sold objects. The weekly storage fee will amount to € 26.00.
an opinion and are purely indicative, and do not therefore entail any In the event that the payment is not made within the term of ten
liability on the part of Pandolfini CASA D’ASTE S.r.l. Any complaints should (10) days from the auction, Pandolfini Casa d’Aste may declare the
be sent in writing within 10 days, and if considered valid, will entail solely sale to have been canceled, annulling the awarding of the bid, or
the reimbursement of the amount paid without any further claim. take legal steps in order to recover the amount due. In the case of
the cancelation of the sale, the purchaser shall be obliged to pay
Pandolfini Casa d’Aste srl a penalty equal to the commission due by
4. Pandolfini CASA D’ASTE S.r.l. shall issue no guarantee regarding both the principal and by the purchaser.
the attribution, authenticity or origin of the goods put up for sale for The delivery of the goods shall take place exclusively only once the
which the sole person responsible shall exclusively be the principal. The full balance of the final price has been paid.
principal will assume every guarantee and responsibility concerning the
goods with reference to – by way of an example but not limited to - the 12. It shall be specified that the right of withdrawal shall not be
origin, authenticity, attribution, dating, preservation and marketability of applicable to purchases made c/o Pandolfini CASA D’ASTE since they are
the item which is the subject of this mandate. deemed to be a contract concluded on the occasion of an auction sale.
5. The goods put up for sale shall be considered to be used/antique 13. Purchasers must observe all legislative measures and regulations
items and, as such, not subject to the Consumer Code, according to the currently in force regarding notified objects, with reference to D.
provision contained in art. 3 e) of Italian Legislative Decree no. 206/2005 Lgs. n. 42/2004. The exportation of objects is determined by the
aforementioned regulation and by the customs and taxation laws in
6. The auction will be preceded by an exhibition, during which the force. Pandolfini CASA D’ASTE S.r.l. refuses any responsibility towards
specialist in charge of the sale will be available for any enquiries; the purchasers regarding exportation restrictions on the purchased
object of the exhibition is to allow the prospective bidder to inspect the lots. Should the State exercise the right of pre-emption, no refund
condition and the quality of the objects, as well as clarifying any possible or compensation will be due either to the purchaser on the part of
errors or inaccuracies in the catalogue. All the objects are “sold as seen”. Pandolfini CASA D’ASTE S.r.l. or to the Seller.
The interested parties shall undertake to examine the objects in person,
possibly with the assistance of a trusted expert. All the objects are “sold 14. The Legislative Decree n. 42 dated 22nd January 2004 regulates
as seen” in the same condition and state of preservation in which they the exportation of objects of cultural interest outside Italy, while
are displayed. exportation outside the European Community is regulated by the
EEC Regulation n. 116/2009 dated 18th December 2008. Pandolfini
7. Pandolfini CASA D’ASTE S.r.l. may accept absentee and telephone CASA D’ASTE S.r.l. shall not be considered responsible for, and cannot
bids for the objects on sale on behalf of persons who are unable to guarantee, the issuing of relevant permits. Should these permits not be
attend the auction. The lots will still be purchased at the best price, in granted, Pandolfini CASA D’ASTE S.r.l. cannot accept the cancellation
of the purchase or the refusal to pay. We wish to remind you that
compliance with other bids for the same lots and with the registered antiquities cannot be exported,
reserves. Though operating with extreme care, Pandolfini CASA D’ASTE
S.r.l. cannot be held responsible for any possible mistakes in managing 15. Those participating in the sale will be automatically bound by
absentee or telephone bids. We advise the bidder to carefully check the these Terms and Conditions. The Court of Florence has jurisdiction over
numbers of the lots, the descriptions and the bids indicated when filling possible complaints.
in the relevant form. We cannot accept absentee bids of an unlimited
amount. The request of telephone bidding will be accepted only if 16. Lots with the symbol (*) have been entrusted by Consignors
submitted in writing before the sale. In case of two identical absentee subject to V.A.T. and are therefore subject to V.A.T. as follows: 22%
bids for the same lot, priority will be given to the first one received. payable on the hammer price and 22% on the final price.
17. For lots with the symbol (λ), an export licence or a temporary
8. During the auction the Auctioneer is entitled to combine or to importation licence is available.
separate the lots.
18. Lots with the symbol are subjected to the “resale right”.
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