Lot 1: Denis Yegelsky «The Red Wheel». 1995. Oil on canvas. 80 x 60.5 cm. Private collection.

Before being allowed to bid, all bidders must register with the auction house, presenting identification. These bidders will in turn be issued a number.
The conductor of the auction tries it's best to provide the very precise description of lots. Whenever it is important, special provenance papers could be made. However, it is important to take part in the pre-auction exhibition where items are offered up for inspection for a period prior to bidding.
All items offered at auction are given an estimated value by the auction house. This valuation is only an estimate and is not a guarantee of the object's resale value or its worth.
Once an object has been legally transferred over to the winning bidder, the auction house ceases holding any liability over the object. Any damages incurred due to its use or misuse is not the auction house's responsibility.
Although items may be listed in a catalog as being available for bidding, the auction house generally reserves the right to remove items from bidding at any time, for any reason.
All items successfully purchased by the bidder must be removed by the winning bidder within a time period set out beforehand by the auction house. The expenses incurred in moving the item are the winning bidder's alone. If the winner decides to use the assistance of the auction house to make the delivery of purchased lot, in each case depending on the country and city of delivery, size and weight of the lot, courier service, the final delivery price would be calculated. In general to deliver the item to any country of Western Europe from Russian Federation where the auction house is situated, it would require about 20-25% of additional transportation fee to the amount of purchased item.
The auction house reserves the right to disqualify or reject any bids made during or after the auction, for any reason.
The commission of the auction house would add 20% from the final hammer price. Payment should be made by wire or bank card transfer within 10 days from the date of the auction.

If the winner decides to use the assistance of the auction house to make the delivery of purchased lot, in each case depending on the country and city of delivery, size and weight of the lot, courier service, the final delivery price would be calculated. In general to deliver the item to any country of Western Europe from Russian Federation where the auction house is situated, it would require about 20-25% of additional transportation fee to the amount of purchased item.

The commission of the auction house would add 20% from the final hammer price. Payment should be made by wire or bank card transfer within 10 days from the date of the auction.