Bidding Increments
| From: | To: | Increment: |
|---|
| €0 | €99 | €10 |
| €100 | €399 | €20 |
| €400 | €999 | €50 |
| €1,000 | €1,999 | €100 |
| €2,000 | €4,999 | €200 |
| €5,000 | €9,999 | €500 |
| €10,000 | €19,999 | €500 |
| €20,000 | €49,999 | €1,000 |
| €50,000 | €99,999 | €2,000 |
| €100,000+ | | €5,000 |
General terms and conditions of sale
CONDITIONS OF SALE
All property is being offered under French Law and under the conditions printed in this catalogue. Anyone who makes a bid agrees these terms and conditions.
Live Auction : an additional buyer's premium of 3% will be charged by Artemisia Auctions to this buyer's premium
BEFORE THE SALE
Estimates & Reserve price
All the estimates mentioned in the catalogue are in Euros, and are given for reference only. These estimates do not include taxes or Buyer's premium. Estimates may be subject to change until the beginning of the auction, any change being announced either in a saleroom notice or by the auctioneer.
Lots generally have a reserve price; it is the confidential minimum bellow which the lot will not be sold, it cannot be higher than low estimate. Lots offered without reserve may be mentioned in the catalogue.
Condition of lots
Each lot is offered in its condition at the moment of the sale. Details mentioned in the catalogue such as minor restorations or small damages, and approximate dimensions are given for reference only. Interested buyers should make their own assessment during the public exhibition prior to the sale. In the case of a buyer who cannot come to the viewing, we may provide a condition report. In any case, no claim will be accepted.
DURING THE SALE
Auctioning
The auctioneer is entitled to conduct the sale the way he thinks most appropriate. He has the right to take or refuse any bid, to join or separate one or several lots, to change an estimate, to withdraw a lot from the sale, to start again taking bids on a lot if there is a dispute.
Absentee bid form & telephone bids
Any person bidding at an auction is personally liable for his bids, and will have to pay the final purchase price (hammer price plus commissions, taxes, and other expense that may be due).
If you cannot attend the auction, you can leave an absentee bid form. Bid forms are available at the end of the catalogue and shall be submitted before 6 PM the day before the sale with your bank references and a copy of your ID card. Absentee bid form instructions will be followed at the buyer's best interest. In case of two similar orders, the first received will prevail. You shall make sure your absentee bid form has been registered until the morning of sale day.
Bid forms may be:
given to the staff during the exhibition
sent by fax at : +33 (0)1 40 15 99 56
sent by email at : HYPERLINK «mailto:contact@artemisia-auctions.com» contact@artemisia-auctions.com
filled in on our website HYPERLINK «http://www.artemisia-auctions.com» www.artemisia-auctions.com and directly submitted
This is a free of charge service provided by ARTEMISIA AUCTIONS, and the company shall not be liable in case of omission or error.
Pre-emption right
The French state may use its pre-emption right on certain kinds of works of arts. In the case of a pre-emption, the French state takes the place of the last buyer and has 15 days to confirm the purchase and subrogate the initial buyer.
AFTER THE SALE
As soon as the hammer falls, each lot is under the responsibility of its buyer.
Payment
Payment is in Euros and buyers are expected to pay for purchases immediately after the sale.
Payments may be made:
by French checks (showing an ID card)
by Visa card or Mastercard
by bank transfer
by cash up to 3000 € (commissions & tax included) for French residents, private and professionals
by cash up to 15 000 € (commissions & tax included) for non French residents
French checks have to be made at the account of ARTEMISIA AUCTIONS. No foreign checks will be accepted.
Bank transfer s should be made to:
Artemisia Auctions Dépôt Client
BNPPARIBAS PARIS A CENTRALE -
1, boulevard Haussmann 75009 Paris, France
IBAN : FR76 3000 4008 2800 0107 1933 276
BIC : BNPAFRPPPAC
Bank commissions and expenses have to be paid by the buyer; and the order must mention the buyer's name and the date of the sale.
Lots cannot be withdrawn until the complete payment of the invoice.
Buyer's premium & taxes
Buyer's premium
A buyer's premium will be added to the hammer price and is part of the purchase price. The buyer's premium (excluding tax) is 23%. VAT will be applied on this buyer's premium at the applicable rate.
Live Auction : an additional buyer's premium of 3% will be charged by Artemisia Auctions to this buyer's premium
VAT
VAT is 5,5% for books and manuscripts, and 19,6 % for all other kind of items. In general, auctions are conducted under the margin scheme. VAT on the margin and on the buyer's premium will not appear on invoices. In the case of properties sold outside the margin scheme, applicable VAT will be charged on both hammer price and buyer's premium.
VAT refund
VAT charged on buyer's premium may be refunded to non EU resident buyers who are exporting items outside the EU. They should contact the accounting service by the end of the sale and then provide the custom export document n°3 within six weeks after the date of the sale (the export must be effective within two months after the sale for valid custom papers).
Export
Specific licences may be compulsory to export items out of France and European Union and to import into other countries. It is the buyer's responsibility to obtain the relevant licences, and there will be no delay of payment or cancellation of the sale accepted.
Passport
A passport of "cultural goods" is delivered by the French Reunion des Musees Nationaux. The definition of "cultural goods" and the threshold above which a licence is compulsory may differ according to EU regulation or French law.
Selection of the main categories:
Archaeology pieces of more than 100 years old Whatever the value is
Part of Historical, Religious, Architectural monuments of more than 100 years old Whatever the value is
Incunabula and manuscripts including maps and musical scores, single or in collection Whatever the value is
Archives of more than 50 years old Whatever the value is
Watercolours, gouaches and pastels of more than 50 years old 30 000 €
Drawings of more than 50 years old 15 000 €
Pictures entirely made by hand on any support of any material of more than 50 years old 150 000 €
Original sculptures and copies produces by the same process as the original 50 000 €
of more than 50 years old
Books of more than 100 years old singly or in collection 50 000 €
Vehicles of more than 50 years old 50 000 €
Original prints, engravings, serigraphs and lithographs with their respective plates 15 000 €
and original posters of more than 50 years old
Photographs, films and negatives of more than 50 years old 15 000 €
Printed maps of more than 100 years old 15 000 €
Any other antique item of more than 50 years old 50 000 €
Payment
As soon as the hammer falls, each lot is under the responsibility of its buyer.
Payment
Payment is in Euros and buyers are expected to pay for purchases immediately after the sale.
Payments may be made:
by French checks (showing an ID card)
by Visa card or Mastercard
by bank transfer
by cash up to 3000 € (commissions & tax included) for French residents, private and professionals
by cash up to 15 000 € (commissions & tax included) for non French residents
French checks have to be made at the account of ARTEMISIA AUCTIONS. No foreign checks will be accepted.
Bank transfer s should be made to:
Artemisia Auctions Dépôt Client
BNPPARIBAS PARIS A CENTRALE -
1, boulevard Haussmann 75009 Paris, France
IBAN : FR76 3000 4008 2800 0107 1933 276
BIC : BNPAFRPPPAC
Bank commissions and expenses have to be paid by the buyer; and the order must mention the buyer's name and the date of the sale.
Lots cannot be withdrawn until the complete payment of the invoice.
Contract
All property is being offered under French Law and under the conditions printed in this catalogue. Anyone who makes a bid agrees these terms and conditions.
Live Auction : an additional buyer's premium of 3% will be charged by Artemisia Auctions to this buyer's premium
The auctioneer is entitled to conduct the sale the way he thinks most appropriate. He has the right to take or refuse any bid, to join or separate one or several lots, to change an estimate, to withdraw a lot from the sale, to start again taking bids on a lot if there is a dispute.
Payment
Payment is in Euros and buyers are expected to pay for purchases immediately after the sale.
Payments may be made:
by French checks (showing an ID card)
by Visa card or Mastercard
by bank transfer
by cash up to 3000 € (commissions & tax included) for French residents, private and professionals
by cash up to 15 000 € (commissions & tax included) for non French residents
French checks have to be made at the account of ARTEMISIA AUCTIONS. No foreign checks will be accepted.
Bank transfer s should be made to:
Artemisia Auctions Dépôt Client
BNPPARIBAS PARIS A CENTRALE -
1, boulevard Haussmann 75009 Paris, France
IBAN : FR76 3000 4008 2800 0107 1933 276
BIC : BNPAFRPPPAC
Bank commissions and expenses have to be paid by the buyer; and the order must mention the buyer's name and the date of the sale.
Lots cannot be withdrawn until the complete payment of the invoice.
Export & shipping
As soon as the hammer falls, each lot is under the responsibility of its buyer.
Lots cannot be withdrawn until the complete payment of the invoice.
Export
Specific licences may be compulsory to export items out of France and European Union and to import into other countries. It is the buyer's responsibility to obtain the relevant licences, and there will be no delay of payment or cancellation of the sale accepted.
Passport
A passport of "cultural goods" is delivered by the French Reunion des Musees Nationaux. The definition of "cultural goods" and the threshold above which a licence is compulsory may differ according to EU regulation or French law.
Buyer's premium
A buyer's premium will be added to the hammer price and is part of the purchase price. The buyer's premium (excluding tax) is 23%. VAT will be applied on this buyer's premium at the applicable rate.
Live Auction : an additional buyer's premium of 3% will be charged by Artemisia Auctions to this buyer's premium
VAT
VAT
VAT is 5,5% for books and manuscripts, and 19,6 % for all other kind of items. In general, auctions are conducted under the margin scheme. VAT on the margin and on the buyer's premium will not appear on invoices. In the case of properties sold outside the margin scheme, applicable VAT will be charged on both hammer price and buyer's premium.
VAT refund
VAT charged on buyer's premium may be refunded to non EU resident buyers who are exporting items outside the EU. They should contact the accounting service by the end of the sale and then provide the custom export document n°3 within six weeks after the date of the sale (the export must be effective within two months after the sale for valid custom papers).
Condition of lots
Each lot is offered in its condition at the moment of the sale. Details mentioned in the catalogue such as minor restorations or small damages, and approximate dimensions are given for reference only. Interested buyers should make their own assessment during the public exhibition prior to the sale. In the case of a buyer who cannot come to the viewing, we may provide a condition report. In any case, no claim will be accepted.
