Lot 156: Do you know the land? Italy. Ruggero Alfredo Michahelles Litografia

Live bidding may start higher or lower

€1 - 50,000:28.0%

€50,001 - 200,000:25.0%

€200,001+:23.0%

TERMS OF SALE
1 - Introduction
These general conditions regulate the sale at auction and/or private negotiations of the lots transferred to the Aste Bolaffi - Archaion s.r.l. auction house (hereinafter "Aste Bolaffi"). Lots put up for auction are the property of the consignors, who have guaranteed their complete availability and legitimate and legal provenance. Aste Bolaffi acts exclusively as a representative of the individual consignors, in its own name and on their behalf. The consignor guarantees the authenticity of each lot offered in the catalogue, without hidden defects unless otherwise stated in the catalogue and/or by the auctioneer. Any indication of the state of preservation of the lots is not to be considered binding.
2 - Images
The copyright in all images, illustrations and written material produced by or for Aste Bolaffi relating to a lot or to a specific contents of this catalogue, is and shall remain at all times the property of Aste Bolaffi and shall not be used by the buyer, nor by anyone else, without Aste Bolaffi prior written consent.
3 - Participation in the saleroom
Aste Bolaffi reserves the right to request information from the participants in the bidding as regards their identity and bank references, as well as the right to refuse undesirable elements entry to the saleroom. If the participant is acting in the name and on behalf of another physical or legal person, a valid power of attorney must be exhibited prior to the auction.
4 - Participation by correspondence, telephone link, online
By signing and submitting the special forms, the participant agrees to participate in the auction referred to and undertakes to pay the purchase price hammered if his/her offer(s) should be successful. The participant also takes responsibility for ascertaining, after the auction, whether his/her offer has been successful, relieving Aste Bolaffi of any liability in that respect. Claims due to negligence or error in filling out written offers by mail will not be accepted. Aste Bolaffi has no liability toward those who participate in the auction by telephone link and/or online in case of failure to participate due to possible problems that may occur during or prior to the telephone and/or internet connection.
5 - Bids
Lots are awarded to the highest bidder. Aste Bolaffi -reserves the right to cancel the award in case of possible contestations. No bids will be accepted for any lot below its starting price. No "without limit" bids, or "upon examination" bids or bids which combine two or more lots will be accepted. The starting price is the price indicated as the base price, unless different, higher offers have been received, in which case the starting price will be that of the increment subsequent to the next to last offer. (In case of identical commission bids, the first to arrive will receive precedence, and in any case these take precedence over equal offers made in the saleroom). The size of increments will be regulated at the auctioneer's discretion. The minimum increment will be €25. The auctioneer reserves the right to withdraw, add, group or divide lots, as well as the right to refuse a bid in the saleroom or a commission bid.


6 - Purchase price
A commission in favor of Aste Bolaffi will be charged to the buyer, in addition to the hammer price, as follows:
Numismatic and philatelic auctions: The Buyer shall pay a premium of 22% on the hammer price (the price at which a lot is knocked down) V.A.T. included.
Memorabilia, orders and decorations auctions: the Buyer shall pay a premium of 25% on hammer price.
All other auctions: The Buyer shall pay the following premium on the hammer price:
Lots hammered from €10.00 to 50,000.00 25%
Lots hammered from €50,001.00 to 200,000.00 22%
Lots hammered from €200,001.00 20%
For lots purchased online in any auction an additional commission of 3% will be applied.
7 - Lots with additional vat ?
Lots with ? symbol are invoiced differently and have a different buyer's premium on hammer price (for regular lots see paragraph 6)
Hammer price will be increased by:
1. Buyer's premium of 18%
2. VAT on hammer price at the following rates:
books 4%
stamps 10%
all other categories 22%
3. VAT payable at 22% on buyer's premium
VAT REFUNDS
Private clients residing outside Europe may obtain a refund of the VAT at the rate indicated in paragraph 7.2 on the hammer price by presenting an official document (customs form) that proves that the goods will leave the European Union within 90 days of delivery. Non-resident clients required to pay VAT, who reside in other EU countries or outside the EU, may request a refund of the VAT at the rate indicated in paragraph 7.2 on the hammer price, as well as of the VAT at 22% calculated on the auction commissions, by presenting an official document (CMR or customs form) proving that the goods will leave Italy or the European Union within 90 days of delivery. In case of shipment of the goods outside Italy by the auction house, the refundable VAT as detailed above will not be included in the invoice.



8 - Lots being sold under Temporary Importation rules ?
The symbol ? after a lot number indicates that it is sold in accordance with the Temporary Importation procedure. The billing is done according to the following rules, depending on the type of buyer :
Private buyer resident in Italy or in an E.U. country and buyer subject to VAT in Italy
- Buyer's premium of 20%
- Vat payable at 10% on the hammer price
- VAT payable at 22% on buyer's premium
Private buyer resident in a country outside the E.U.
- Buyer's premium of 20%
- VAT payable at 22% on buyer's premium
- Any import costs of the respective country of residence
Buyer subject to VAT in an E.U. country other than Italy and outside the E.U:
- Buyer's premium of 20%
- Any import costs of the respective country of residence outside the E.U.

Lots purchases according to the rules of Temporary Importation ? cannot be withdrawn directly by the buyer, but will have to be shipped, after closing the Temporary Importation process, by the auction house.

9 - Payment
Upon sale of a lot, if present in the saleroom, the buyer shall pay the purchase price promptly to Aste Bolaffi on delivery of the lot. If bidding via telephone, written form, or online, the purchase price shall be paid within 7 days of receipt of the invoice. Payments may be made in cash, within the limits established by law, by certified and/or personal check or credit card. Payments will not be accepted from parties other than the buyer. Interest will be charged on delayed payments at the rate of 0.5% monthly, subject to variation, on all amounts not paid within the regular terms.
Aste Bolaffi may grant possible extensions of payment terms on the basis of agreements which will have to be formalized, in any case, prior to the auction. If the buyer fails to make payment within thirty (30) days end of month payment term, the auction house shall be entitled to rescind the sale in accordance with the art. 1456 of the Civil Code by giving written prior notice to the purchaser, with reserve of any further right and action for compensation for any damages arising from non-fulfilment. Any amount paid by the purchaser as part of the total price prior to the cancellation of the sale will be applied by the auction house as a compensation in accordance to the art. 1526 of the Civil Code, with reserve of any further damages.

10 - Storage and Shipment
Until the full price has been paid and until delivery, lots are held in storage on the premises of Aste Bolaffi and insured with adequate coverage at the expense of Aste Bolaffi. On request, after payment has been made, lots can be shipped by insured parcel post at the risk and expense of the buyer. The possible export duties are also for the account of the buyer.
11 - Exportation of lots
Custom duties and export costs are for the account of the buyer. Requests to issue certification of free circulation for export, in accordance with the legislative provisions in force on the subject, must be made to the appropriate government offices by the auction house on behalf of the buyer. The buyer is required to pay the expenses on receipt of the invoice. Approximately 10/12 weeks are necessary to obtain authorization for export.
Lots imported according to the rules of Temporary Importation ? are not covered by the relative provisions of Italian law concerning the cultural heritage. For this reason it will not be necessary to issue certification of free circulation. The lots cannot be withdrawn by the buyers, but will have to be shipped by the auction house.
12 - Condition reports
The lots are sold "as is". Catalogue descriptions as well as any other indication or illustration regarding the lots, are purely statements of opinion and are not to be relied upon as statements of warranty. Potential buyers are encouraged to inspect the lots in person or through a knowledgeable representative during the pre-auction viewing in order to assess their authenticity, preservation, provenance, quality and any defects. On request and for guidance only, Aste Bolaffi provides condition reports that can add more information to the catalogue descriptions.
Rare books and autographs auction: The buyer shall not be entitled to dispute any damage to bindings, foxing, wormholes, trimmed pages or plates or any other defect affecting the integrity of the text and /or its illustration including: indexes of plates, blank pages, insertions, supplements and addictions subsequent to the date of publications of the work. No refund will be considered for books not described in the catalogue.
Poster auction:
• Condition A Poster in very fine condition. Colors are fresh; no paper loss. Some slight defect or tear but very marginal. A+: wonderful example of a poster rarely seen in such fine condition. A-: some slight dirt, fold, tear or other minor restoration.
• Condition B Poster in good condition. Some slight paper loss, but not in the image or in any important area. If some restoration it is not immediately evident. Lines and colors good, paper may have yellowed. B+: poster in very good condition. B-: in fairly good condition.
• Condition C Poster in fair condition. The light-staining may be more pronounced, restorations, folds or flaking are more readily visible, and possibly some minor paper loss occurs. The poster is otherwise intact, the image clear, and the colors still faithful to the artist's intent.
• Condition D Poster in bad condition. A large part of such poster may be missing, including some important image area; colors
13 - Extensions/Expertise
The auctioneer shall have the right at his absolute discretion to accept or refuse any request for certifications of authenticity . It should be noted, however, that extensions are not accepted for lots if the description in the catalogue mentions that they are accompanied by photographic certification. We further specify that any concession of extensions/expert appraisals does not alter the terms of payment detailed in section 8.
14 - Catalogues
Numismatic auction: Classifications refer to the following catalogues:
Bol. (Bolaffi Catalogue of coins and banknotes - Kingdom of Sardinia, Kingdom of Italy, and Italian Republic), Bol. Vat. (Bolaffi catalogue of city of Vatican coins) Bab. (Babelon), Bartolotti, Biaggi, Bohering Calciati, Casolari, B.M.C. (British Museum Catalogue), Ciani, C.N.I. (Corpus Nummorum Italicorum), Cra. (Crapanzano/Giulianini), Cra. Vol. II (Crapanzano/Giulianini vol. II), Crawf. (Crawford), Coh. (Cohen), Crippa, Dav. (Davenport), Di Giulio, D.O.C. (Dumbarton Oaks Collection), Friedb. (Friedberg), Gad. (Gadoury), Galeotti, Gig. (Gigante), Gav. (Gavello 1996) Guadàn, Gulbenkian, Haeb. (Haeberlin) Heiss, Herzfelder, Jenkins e Lewis, Krause, Mesio, Müller, Mont. (Montenegro), Mont. Ve. (Montenegro Venezia), Muntoni, M.zu.A. (Miller zu Aicholds), Pag. (Pagani), Pozzi, Rav. (Ravegnani Morosini), R.I.C. (Roman Imperial Coinage), Rizzo, Seaby, Sears, Schl. (Schlumberger), Sim. Simonetti.
Philatelic auction: Catalogue numbers and values indicated at the end of each description refer to the following catalogues: Bolaffi and Sassone for Italy and Italian Area: Yvert Tellier and Catalogo Unificato for Europe and Yvert Tellier and Stanley Gibbons for all other countries. Other references are specifically quoted.
15 - Catalogue Terms
Furniture and painting auction:
Guido Reni: in our opinion a work by the artist
Guido Reni (Attribuito-attributed): in our opinion probably a work by the artist in whole or in part
Guido Reni (Bottega- studio): in our opinion a work executed in the studio or workshop of the artist, but by an unknown artist
Guido Reni (Cerchia-circle of): in our opinion a work of an unknown artist made during the life of the artist.
Guido Reni (Seguace-follower): in our opinion a work of an unknown artist, not necessary his scholar, also executed much recently.
Guido Reni (Stile-style): in our opinion a work by a painter working in the artist style, contemporary or nearly contemporary.
Guido Reni (Maniera o scuola-manner or school): in our opinion a work executed in the artist style by an unknown artist influenced by him also in a much later period.
Da Guido Reni (from Guido Reni): in our opinion a copy of a known work of the artist.
Firmato/Datato/Iscritto (Signed/Dated/Inscribed): in our opinion the work has been signed/dated/inscribed by the artist.
Reca firma/reca data/reca iscrizione (With signature/with date/with) inscription): in our opinion the signature/date/inscription appears to be by a hand other than that of the artist. Aste Bolaffi reserves the right to express its own opinion with regard to the author, attribution, origin, dating and condition of the lots in the catalogue. It is, in any case, an opinion and is not to be considered an expert judgment by any means.
Philatelic auction:
K mint
L hinged
I without gum
D cancelled
N piece
O front cover
A cover
Numismatic Auction:
Ac (Acmonital) Ae (Bronze) Ag (Silver) Al (Aluminum) An (Antimony) Au (Gold) Ba (Bronzital) Cn (Nickel-copper) Cu (Copper) El (Electro) It (Italma) M.b. (White metal) Ma (Silver plated metal) Md (Gilded metal) Mi (Mixture) Ni (Nickel) Ott. (Brass) Pb (Lead) Pe (Pewter) Pl (Platinum) Sn (Tin) Zn (Zinc)
16 - Cultural Heritage codes
Any lots that may be subject to communication for the start of the procedure for the declaration of their cultural interest pursuant to article 14 and thereafter of Legislative Decree no. 42/2004, the grantors and buyers are required to comply with the relative provisions in force and, in that case, Aste Bolaffi at its exclusive discretion, may proceed with a temporary award of the lot.
17 - Resale royalties "Droit de Suite"
Legal obligations concerning the "Droit de Suite" (D.lgs. 118 of 13/02/06) are accomplished by Aste Bolaffi
18 - Conditional sale

The lots are sold by the auction house with conditional sale in accordance to art. 1523 of the Civil Code and therefore the buyer will not acquire title to the lots until the full payment of the purchase price. The risk of deterioration and of damage of the lots will pass to the buyer upon delivery of the lots. The delivery of the lots will only occur upon the full payment of the purchase price.

19 - Claims
Aste Bolaffi will consider only those claims regarding disputes over authenticity of lots, the existence of serious flaws or concealed defects and/or the non-conformity of the lot purchased to that described in the auction catalogue and available for pre-auction viewing. In this connection, defects that the buyer should have been aware of at the time of purchase will not be considered defects of conformity as the buyer, having had the opportunity to view the lot in the catalogue or during its showing prior to sale, could not have failed to observe it making use of ordinary diligence. Possible claims should be sent by registered letter within 15 (fifteen) calendar days:
(i) from the date of the delivery of the lot following the auction, in the case of purchases by persons present in the saleroom, including those represented by agents, commission agents or intermediaries;
(ii) from the date of the receipt of the lot delivered by courier, in the case of purchases by offers via correspondence or by telephone or online;
Claims are not accepted in any case:
(a) pertaining to flaws or defects expressly described in the catalogue and easily discernable in photographs of the lot during the pre-auction viewing;
(b) pertaining to multiple lots such as collections or accumulations of any kind;
(c) pertaining to assorted lots of stamps or coins not described individually;
(d) pertaining to lots explicitly described in the auction catalogue as "to be examined";
(e) pertaining to the state of conservation of lots, the evaluation of such state being subjective and sales subject to the clause "as seen and found acceptable";
(f) pertaining to flaws and defects attributable to the purchase's actions subsequent to delivery of the lot.
(g) After 60 days have passed from the auction date.
Aste Bolaffi will respond in writing to the claim within 60 days of receipt.
Aste Bolaffi will honor claims only when the lot is judged by two experts named by each party to be unauthentic, affected by serious flaws or hidden defects and/or not conforming to the description in the auction catalogue. In such cases the purchaser will be refunded only with the amount corresponding to the purchase and to the shipping cost. Any other refund or reimbursement is expressly excluded, except in case of fraud or serious negligence.
BY SUBMITTING A PURCHASE ORDER OR BIDDING IN THE SALEROOM, THE BUYER FULLY ACCEPTS ALL THE CONDITIONS OF SALE DETAILED ABOVE. THE TURIN COURT HAS JURISDICTION FOR ANY DISPUTE.

By bidding at auction, whether present in person or through an agent, by written bid, telephone or other means, the Buyer agrees to be bound by these Conditions of Sale.

Terms & Conditions of Sale:

The lots listed in this catalog will be offered by Sand & Rose, LLC as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale.

High and low estimates are provided solely for comparison purposes and Sand & Rose, LLC makes no warranties of any kind relating to them

Sand & Rose, LLC believes, to the best of its knowledge, that the information presented in any listing has come from reliable sources. Such information is presented solely for the convenience of the Purchaser. Sand & Rose, LLC makes no warranties of any kind related to the information presented in any listing. Sand & Rose, LLC further makes no warranties, either express or implied, relating to the value, marketability or condition of the lot described in any listing. Prospective bidders should investigate a lot thoroughly before bidding. By bidding the Bidder acknowledges that Bidder has investigated the lot to his or her satisfaction, or, that Bidder has chosen not to do so, and agrees to accept the lot being bid on with no objections after the sale closes. If you are uncertain please contact us with your questions prior to bidding. If you are still uncertain after we reply, please refrain from bidding. Photos and other graphic material contained in any listing of generic or duplicate lots may be stock presentations and not necessarily of the specific lot.

All property is sold "as is", and neither the auctioneer nor any consignor makes any warranties or representation of any kind or nature with respect to the property, and in no event shall they be responsible for the correctness, nor deemed to have made any representation or warranty, or description, genuineness, authorship, attribution, provenance, period, culture, source, origin, or condition of the property and no statement made at the sale, or in the bill of sale, or invoice or elsewhere shall be deemed such a warranty of representation or an assumption of liability.

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide to withdraw any lot, and in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to re-offer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. We reserve the right to withdraw any property before and during the sale, as well as reserve the right to group one or more lots into one or more selling lots, or to subdivide into two or more selling lots. Sand & Rose, LLC shall have no liability whatsoever for such withdrawal, addition or amendment. .

We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the internet or software malfunctions related to the execution of online bids
Sand & Rose, LLC is in the business of locating items for sale, listing them for sale, selling them and shipping them. Sand & Rose, LLC is not in the business of collecting delinquent accounts receivable. Sand & Rose, LLC any finds the need to do so unpleasant and a gross waste of its resources. Therefore, in fairness to Sand & Rose, LLC and the many Bidders who do follow the agreed upon terms and conditions, violating Bidders are required to pay the following charges for forcing Sand & Rose, LLC to spend valuable time and effort on collecting the delinquent Bidder's account and taking time away from listing items for sale and related functions.
Sand & Rose, LLC's relationship with bidders is simple and straight-forward: Sand & Rose, LLC finds, Sand & Rose, LLC lists, Sand & Rose, LLC sells, Bidder signs up, Bidder bids, Bidder wins, Bidder pays, Sand & Rose, LLC ships. Sand & Rose, LLC does not wish to collect any of the fees stated below. However, when a Bidder unilaterally violates the terms and conditions by not paying as agreed, and forces Sand & Rose, LLC outside of the simple equation stated above, using valuable time and effort for non-income producing purposes, the following charges shall be vigorously applied and collected. By signing up to bid and by bidding, bidder agrees not to violate the payment provisions of these General Terms and Conditions.

Payments Include Wire Transfer, PayPal, and Money Orders. 20% Restocking fee applies to merchandise rejected by the buyer due to reasons other than misrepresentation by Sand & Rose, LLC.

All residents of Colorado are subject to a Nevada State Sales Tax rate of 4% unless a valid CO State sales tax exemption certificate is presented before the sale. The rate will be applied to the buyer's premium as well. A Buyer's premium amounting to 12% of the winning bid amount will be added to the purchase price of each lot.

All sales are final. No lots are sold on approval. Placing a bid is a legally binding obligation. There are no returns or exchanges. All lots are sold as is, where is, with all the faults, imperfections, omissions and errors in the written description, estimates, appraisals, graphics and photography. Sand & Rose, LLC is not responsible for any errors or omissions in the description, graphics or photography provided or in the bidding software. Due diligence to verify the condition and description of a lot is the sole responsibility of the Bidder prior to placing any bid. Returns may only be made with the advance written authorization of Sand & Rose, LLC and are in Sand & Rose, LLC' sole discretion to approve. To request a return you must provide a written request fully explaining the basis for the return no later than 3 days after your receipt of the lot. Under no circumstances will any amounts other than the winning bid amount be refunded. A restocking charge of 20% of the full invoice amount may apply in Sand & Rose, LLC' sole discretion. Any allowed returns must be received in exactly the same condition as when originally shipped to Buyer, or they will be returned to buyer at Buyer's cost. Any unauthorized returns will be refused. Delivery refusal of items shipped by Sand & Rose, LLC to the bidder constitutes an unauthorized return in direct violation of these general terms and conditions.

If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, misdelivered or lost prior to delivery, Sand & Rose, LLC shall not be liable for any amount in excess of that paid by the purchaser.

In the event that a bidder does not respond to Sand & Rose, LLC' request for payment or does not fulfill complete payment within three business days, a second attempt for payment will be sent. A final invoice will be sent soon thereafter and if payment in full is not received the account will be reported to Invaluable as a non-responsive bidder and the Bidder will not be able to participate in any further auctions.

Shipping will be handled in-house for most lots. This is in an effort to maintain the lowest shipping and handling cost for our buyers. We provide handling, packing and shipping services solely as a convenience for our Bidders. Because Bidders most often opt for these services, we include an estimated amount in the auction invoice

Our responsibility for damage to or loss of any lot ends once it has been turned over to the USPS, or other shipping enterprise for delivery and/or packing. By bidding, the winning Bidder agrees that any and all claims for loss or damage to the lot will be handled solely through the insurance claims process (if insurance was available) or the carrier and acknowledges that insurance may be subject to deductibles or other limitations which are not the responsibility of Sand & Rose, LLC. Sand & Rose, LLC is not responsible to any loss resulting from items being shipped to an alternate address or recipient provided by Bidder.

We ship primarily by FedEx and/or USPS within a commercially reasonable time following credit of the Bidders payment to our account. On average, a Bidder may expect to receive their items within 2 weeks from payment clearing, however, now and then there may be a delay in delivery. The actual cost of shipping, insurance, registry and confirmation services is charged to the Bidder, as well as a packing/handling fee not to exceed $5 per item, to defray the cost of labor and supplies involved. Large, heavy, fragile or otherwise unusual items will incur additional charges. Under special circumstances, Sand & Rose, LLC may ship items using USPS Express Mail, private carriers or pack and ship enterprises, the cost of which shall be charged to the Bidder. Sand & Rose, LLC will not entertain shipment using lower classes of mail due to the increased risk of loss. Requests of earlier shipment or special handling may be accommodated on a limited basis at Sand & Rose, LLC' sole discretion and ability and may incur additional handling charges. All costs charged to a Bidder's original invoice are estimates and Sand & Rose, LLC reserves the right to charge additional amounts if such estimates are exceeded and Bidder hereby agrees to such additional amounts. Sand & Rose, LLC may, at its sole discretion, combine the shipment of items from multiple auctions over a 7-day period to reduce shipping costs.

Shipments to Alaska, US Territories and Foreign Countries - Shipping and handling charges to these locations are higher and often require registry or express mail. Insurance coverage to foreign locations may also be limited by the shipping carriers. Sand & Rose, LLC will ship items to foreign locations using the same classes of mail and additional postal services that it uses to ship to US locations, to the extent that such services are available, and, insurance coverage may be limited or unavailable. In Sand & Rose, LLC' sole discretion USPS shipments to foreign locations shall utilize registered mail and Bidder shall pay for the costs thereof. It is the foreign bidder's obligation to be aware of and instruct Sand & Rose, LLC regarding any special taxes or fees applicable to their particular circumstances.

No items will be shipped to any Bidder for any particular auction until all charges for the auction have been paid in full and all funds have cleared. Even if paid in full, no items will be shipped to any Bidder for any particular auction if the Bidder has any balances with Sand & Rose, LLC from other auctions which are not in compliance with the provisions of payment above, until such balances are paid in full and all funds have cleared. Sand & Rose, LLC may, at its sole discretion, require any Bidder to return a signed sales receipt prior to shipping.

In consideration of Sand & Rose, LLC's approval of a Bidder to bid in any sale, Bidder permits Sand & Rose, LLC to add Bidder to Sand & Rose, LLC' mailing list. Sand & Rose, LLC will send information to Bidder relating to Sand & Rose, LLC' activities and will not provide Bidders mailing information to third parties except as necessary to provide information to Bidder relating to Sand & Rose, LLC' activities. Bidder may freely opt out of mailings at any time by following the instructions in any mailing and Bidder agrees that any mailings from Sand & Rose, LLC or third parties providing information relating to Sand & Rose, LLC are not spam.

Any and all of the conditions may be waived or modified in the sole discretion of Sand & Rose, LLC.

Until the full price has been paid and until delivery, lots are held in storage on the premises of Aste Bolaffi and insured with adequate coverage at the expense of Aste Bolaffi. On request, after payment has been made, lots can be shipped by insured parcel post at the risk and expense of the buyer. The customs and export duties are also for the account of the buyer. Any export requests will be made by the auction house on behalf of the buyer to the appropriate government offices.
The buyer will be required to pay all costs on receipt of the invoice. Eight weeks are generally necessary to obtain an export permit.

A commission in favor of Aste Bolaffi will be charged to the buyer, in addition to the hammer price, as follows:

Numismatic and philatelic auctions: The Buyer shall pay a premium of 22% on the hammer price (the price at which a lot is knocked down) V.A.T. included.
All other auctions: The Buyer shall pay the following premium on the hammer price:
Lots hammered from €10.00 to 50,000.00 25%
Lots hammered from €50,001.00 to 200,000.00 22%
Lots hammered from €200,001.00 20%
For lots purchased online in any auction an additional commission of 3% will be applied.

The lots are sold "as is". Catalogue descriptions as well as any other indication or illustration regarding the lots, are purely statements of opinion and are not to be relied upon as statements of warranty. Potential buyers are encouraged to inspect the lots in person or through a
knowledgeable representative during the pre-auction viewing in order to assess their authenticity, preservation, provenance, quality and any defects. On request and for guidance only, Aste Bolaffi provides condition reports that can add more information to the catalogue descriptions.
Rare books and autographs auction: The buyer shall not be entitled to dispute any damage to bindings, foxing, wormholes, trimmed pages or plates or any other defect affecting the integrity of the text and /or its illustration including: indexes of plates, blank pages, insertions, supplements and addictions subsequent to the date of publications of the work. No refund will be considered for books not described in the catalogue.
Poster auction:
• Condition A Poster in very fine condition. Colors are fresh; no paper loss. Some slight defect or tear but very marginal. A+: wonderful example of a poster rarely seen in such fine condition. A-: some slight dirt, fold, tear or other minor restoration.
• Condition B Poster in good condition. Some slight paper loss, but not in the image or in any important area. If some restoration it is not immediately evident. Lines and colors good, paper may have yellowed. B+: poster in very good condition. B-: in fairly good condition.
• Condition C Poster in fair condition. The light-staining may be more pronounced, restorations, folds or flaking are more readily visible, and possibly some minor paper loss occurs. The poster is otherwise intact, the image clear, and the colors still faithful to the artist's intent.
• Condition D Poster in bad condition. A large part of such poster may be missing, including some important image area; colors