Lot 30: Maxim Wakultschik, Larry Gagosian, Wall Object, 2007

Live bidding may start higher or lower

€0 - 1,000,000:28.0%

€1,000,001 - 2,000,000:23.0%

€2,000,001+:18.0%

LIVE BID
Internet Bidder will pay the same Premium as in the auctionroom.
Purchasers will not pay in addition an Internet fee at 3%, The Internet fee is including in the global Premium.
Please note that the 3% of Internet fee is included in our premium. There are no additional Internet charges.

The operator of voluntary sale is adherent to the Central Registry prevention of unpaid Auctioneers from which payment incidents are likely to registration. The rights of access, rectification and opposition for legitimate reasons are to be exercised by the obligor with the Symev 15, rue Freycinet 75016 Paris.


ESTIMATES
An estimate in euros of the likely sale price is published after each lot. This is provided for indication only. The hammer price may of course be above or below this estimate.

CONDITIONS OF SALE
The highest and final bidder is deemed to be the purchaser, and must provide his / her name and address. No lot will be transferred to the purchaser before it has been paid for in full. In the event of payment by cheque or bank transfer, property may be withheld until payment has been cleared. Any storage costs that may result are to be paid by the purchaser.
In addition to the amount of the winning bid, the following premium per lot is also due :

BUYER'S PREMIUM
27.60 % inc. tax, up to 15 000 € (23 % + VAT 20 %)
24 % inc. tax, from 15 001 € to 600 000 € (20 % + VAT 20 %)
14.40 % inc. tax, above 600 000 € (12 % + VAT 20 %)
For books :
24.61 % inc. tax, up to 15 000 € (23 % + VAT 7 %)
21.40 % inc. tax, from 15 001 € to 600 000 € (20 % + VAT 7 %)
18.84 % inc. tax, above 600 000 € (12 % + VAT 7 %)

Lots preceded by the symbol ƒ are subject to an additional premium of 7% + VAT (68.372 % inc. VAT) on the hammer price. Lots preceded by the symbol • are subject to an additional premium of 19.6 % + VAT (23.44 % inc. VAT) on the hammer price. In some instances these additional costs may be reimbursed. For further information, please call our accounts department on +33 (0)1 53 34 10 17.

In the event of a dispute at the fall of the hammer, i.e. if two or more bidders simultaneously make the same bid, either vocally or by sign, and claim title to the lot after the word « adjugé »has been pronounced, the said lot shall be immediately reoffered for sale, at the price of the final bid, and all those present may take part in the bidding.
Any changes to the conditions of sale or to the descriptions in the catalogue shall be announced verbally during the sale, and appended to the official sale record (procès-verbal).

PAYMENT
1 the sale shall be conducted in euros. All payments must be effected in the same currency.
2 payment is due immediately after the sale.
3 property may be paid for in the following ways :
- by credit card in the saleroom (VISA or MASTERCARD)
- by crossed cheque in euros, upon presentation of valid proof of identity
- by bank transfer in euros :
Swift code : BNPPARB Paris A CENTRALE FR
International bank account(IBAN) : 76 3 000 4008 2800 0105 9294 176
BIC (Bank identification Code) : BNPAFRPPPAC
PIASA SA DEPOT CLIENT : 16 boulevard des Italiens 75009 Paris
SVV ART L 321 6 CC
Bank code : 3 0004
Branch code : 00828
Account number : 00010592941
Key : 76
4 wherever payment is made by cheque from a foreign bank account, the purchase will not be delivered until Piasa receives the bank agreement.
5 in cash :
- up to € 3 000 (inc. premium) for French citizens or professionnal activities
- up to € 15 000 (inc. premium) for foreign non professionnal citizens upon presentation of valid proof of identity.
PIASA's Buyers' Accounts Department is open weekdays
9am - 6pm. (tel +33 (0)1 53 34 10 17)

IMPORTANT NOTICE TO BUYERS ON STORAGE & COLLECTION OF PURCHASES
Potential purchasers are invited to examine and assess the condition of items they may wish to buy before the auction, notably during the pre-sale viewing.
PIASA is happy to provide condition reports for individual lots upon request. No claims will therefore be entertained after the fall of the hammer.

1
BULKY ITEMS (furniture, pictures & objects)
purchased at auction, and not collected from the saleroom by 10am the day after the sale, will be stored in Basement Level 3 at the Hôtel Drouot, and can be collected at the following times: Monday - Friday: 1pm - 5:30pm and Saturday: 8am -10 am
warehouse :
6 bis, rue Rossini 75009 Paris - Tel. : +33 (0)1 48 00 20 56
The bordereau (bidding slip), indicating proof of payment, must be presented when property is collected. Storage costs are due at the current rate.

2
SMALL ITEMS purchased at auction and not collected after the sale will be transported to the PIASA offices and kept free of charge for a fortnight.
Thereafter the purchaser will be charged storage costs at the rate of € 3 + tax, per day and per lot.

3
INSURANCE
At the fall of the hammer the title of property shall be transferred to the purchaser, who assumes immediate responsibility for insurance. Uncollected property will be stored at the buyer's risk and expense.
PIASA declines liability for lots placed in storage.

Terms and Conditions
PLEASE READ TERMS AND CONDITIONS set forth by A CLASS ACT AUCTIONS which will be a binding contact between serious buyers, winning bidders and A Class Act Auction.

Upon bidding in our online auction, you acknowledge and hereby agreed to be obligated by all of the TERMS AND CONDITIONS set by A CLASS ACT AUCTIONS. All items listed and described by A Class Act Auctions to the best of their knowledge that the information presented in the listing is solely to the convenience of the buyer. A Class Act Auction does not give any assurance with the marketability and condition of the lot relating to value either impress or implied. A Class Act Auctions has the right to accept or reject bid for any reason whatsoever. It is the bidder's responsibility to check veracity, determine condition, age, genuineness, value or any determinative factor of the item prior to bidding by contacting the auction house either through email: sandy@aclassactauction.com or through our customer service and ask for details of the lot before placing any bids as bidder agrees to accept the lot being bid with no objection after the sale closed.

Any bid placed is a BINDING CONTRACT.

ALL SALES ARE FINAL, STRICTLY NO RETURNS, NO EXCHANGES NOR CREDITS. All lots are sold "AS IS" without RECOURSE ON ALL LOTS/ITEMS. AUCTION/BUYER'S PREMIUM IS STRICTLY NON-REFUNDABLE. It is solely the bidder's responsibility to check, determine, evaluate and inspect specification of each lot prior to bidding. Descriptions, illustrations and portraits are not guarantee, no assurance nor warranty.

PAYMENTS:
• CREDITCARD (VISA, MASTERCARD) AND PAYPAL

Once the invoice has been sent out you only have 5 business days to pay or the item(s) are subject to go into another auction. If you are going to be out of town you must call A Class Act Auction to advise of return date otherwise your items are subject to go into another auction.

SHIPPING, HANDLING & INSURANCE
All packages are being ship through USPS and FEDEX. SHIPPING TIMEFRAME is 7-10 business days. Winning bidder is responsible to pay the shipping and handling charges. Shipping fee is added in the final invoice. Shipping charge depends on the value and weight of the package. A Class Act Auctions insures packages while it is in transit to the winning bidders.

All domestic packages within the U.S. minimum shipping charge is $10.00 (package value of $100 and below)

Minimum international shipping charge is $40.00 (package value of $200 and below)

International packages may be subject to their respective country's customs, duties and taxes and bidders are responsible to pay this charge. A Class Act Auction is not responsible in paying your customs, duties and taxes. Please make sure to update the auction house if there are any changes in your shipping address. A Class Act Auction only based the shipping address listed your profile. Please note that as the value of the package goes up shipping charges go higher as well. Please contact auction house if you want quotation of shipping charge.

SUCCESSFUL BIDDERS
All successful bidders will receive an invoice via email listed in their profile within 5 days after end of the auction. Please make sure that your email address is correct in your profile. Invoice includes all winning items amount, 15% Buyer's Premium, Shipping Charge and IN TAX (for all Indiana residents).

Bidders are responsible to pay their invoice and failure to do so will entail any of the combination of measures: elimination for all future auctions from the hosting site, credit agency reporting and legal collection agency.

CANCELLATION OF WINNING ITEMS
All sales are final as the bidding close and once declared as winning bidder for a particular item. A Class Act Auctions will not be responsible for any errors or missed bids from any source from bidders' end. A Class Act Auction does not tolerate testing of system such as bid testing, internet service failure due to power outage, any interruptions or technical errors before or during online auction. Winning bidder is responsible to pay 50% of the winning amount as the cancellation fee to cover the auction house fees to re-list your winning item.

Here at A Class Act Auction we are only human and we do make mistakes. We will work through them and if at any point you become verbally abusive we hold the right to cancel your order and items will be resold.


If you have any questions please call:

A Class Act Auction, LLC
(317) 495-8482

The purchase price stated in the auction catalogue ("Starting price") does not include the buyer`s premium inclusive VAT. This is also the case with the hammer price. Thus Auctionata charges the Buyer's Premium additionally.

The amount of the buyer`s premium is calculated as follows:

at a hammer price up to 1.000.000,00 Euro the buyer´s premium is 29.75 % (including VAT); the buyer's premium amounts to 23.8 % (including VAT) of the winning bid for classic cars.

at a hammer price between 1.000.000,01 Euro and 2.000.000,00 Euro the buyer´s premium is 23,80 % (including VAT) for the (partial) amount of 1.000.000,00 Euro and 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro

at a hammer price more than 2.000.000,01 Euro the buyer´s premium is 17.85 % (including VAT) for the (partial) amount of 1.000.000,00 Euro, 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro and 14,28% (including VAT) for the (partial) amount beginning with 2.000.000,01 Euro.