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Lot 77: PEDRO CENTENO VALLENILLA

Est: €50 EUR - €100 EURSold:
Wannenes Art AuctionsGenoa, ItalyMay 28, 2019

Item Overview

Description

1904 - 1988
Nettuno adolescente
Firmato Pedro Centero - V Roma 1931 in basso a destra
Carboncino e matita su carta, cm 70X48

Artist or Maker

Payment & Shipping

Payment

Accepted forms of payment: MasterCard, Visa, Wire Transfer

Shipping

CONDITIONS OF SALE
Taking part in an Auction implies the entire and unconditional acceptance of
the Conditions of Sale outlined in this Catalogue. Bidders are required to read
carefully the section of the Catalogue containing the purchase terms of the Lots
for sale by WANNENES ART AUCTIONS.

ESTIMATES
Beside each Lot description in the Catalogue there is an indication of the
Estimate for potential Purchasers. In each case, all the Lots, in light of market
interest, may achieve prices that are either superior to or inferior to the indicated
Estimates. The Estimates published in the Auction Catalogue may be subject
to revision and do not include the purchase commission (buyer's premium) and
VAT.

RESERVE
The reserve price corresponds to the minimum price agreed upon between
WANNENES ART AUCTIONS and the SELLER, beneath which the Lot will not
be sold. Lots offered with no reserve are indicated in the Catalogue with the
Estimate in RED and with the description O.1. These Lots are sold to the highest
Bidder independently of the published Estimates.

VIEWING BEFORE THE AUCTION
Each Auction is preceded by a Viewing which is open, admission free, to the
public. Opening times are shown in the first few pages of this Catalogue. The
Viewing enables all Purchasers to undertake an appropriate examination of the
Lots for sale and to verify all aspects related to the Lot, such as authenticity,
state of preservation, materials and provenance etc.

WATCH AND CLOCK SALES
The descriptions in the catalogue for watches and clocks in relation to
preservation and/or restorations are given as guidelines to the prospective
buyer but may under no circumstance be considered all-inclusive.
The Condition Reports which WANNENES ART AUCTIONS may send, on request
of a prospective buyer, do not reflect an exhaustive description and some
restorations or imperfections may not be mentioned.
Condition Reports are statements of opinion given by our Experts and are
purely subjective and do not constitute a guarantee that may substitute a direct
examination by the prospective buyer.
Prospective buyers should personally inspect the condition of each lot in order
to ascertain its effective state, both from the technical and the aesthetical points
of view.
Lots are sold in their present state and the fact that an imperfection or a
restoration is not mentioned does not imply that the imperfection or restoration
does not exist. Watches, because of their mechanical and functional nature,
are normally used and kept up and possibly repaired, in the course of their
existence: they are examined by the Experts of WANNENES ART AUCTIONS prior
to the sale, but WANNENES ART AUCTIONS gives no guarantee that they are in
working order, free of repairs or in the presence of non-original parts.
Wristwatches in water-resistant cases have been opened to examine their
movements: therefore, WANNENES ART AUCTIONS suggests that such a watch
be controlled by an authorized dealer before using the same in conditions where
water is present.
As concerns quartz movement watches, no information is given about working
order if the battery, at the moment of examination, is discharged.
All documents regarding watches, if not otherwise specified, are not present.
All straps and bracelets, if not otherwise specified, are not to be considered
original.
Straps made of organic material are associated with the watch for display
purposes only: prospective buyers are aware that the importation to foreign
countries of materials derived from endangered or otherwise protected species
(purely as an example: tortoiseshell, ivory) are subject to CITES international
rules.
Prospective buyers should therefore acquire the necessary information on such
restrictions prior to their participation in the sale for lots containing, even though
partially, materials falling under these rules.
Indications of weight, if included in the Condition Report, are to be considered
gross and purely indicative, as are weights in carats of precious stones,
indications of the nature of precious stones or other precious materials and
measures of cases.
PAINTINGS PURCHASE
By participating in the auction, the buyer expressly releases the Auction House from any liability and / or warranty in relation to the state of preservation of the frames of the works auctioned until the time of delivery to the buyer.
In particular, the participant declares to be perfectly informed that the frame was neither an element for the formation of the price nor a decision-making element for the purchase, considering its presence, or its lack, irrelevant.
The Auction House will be responsible for the state of preservation of the frame only if it has provided, following a formal request, a condition report (within the limits of the omitted indication of any significant shortcomings).
STATE OF PRESERVATION
The Lots are sold in their current state. We recommend, therefore, that potential
Purchasers check the state of preservation of the Lots/s, as well as the type of
Lot/s being offered, before the Sale. The Experts of WANNENES ART AUCTIONS
will be happy to provide upon request reports on the state of preservation of the
Lots on sale. The descriptions in the Catalogues merely represent the opinion of
our Experts and may be subject to further revisions that will, in due course, be
given to the public during the Auction.

TAKING PART IN AN AUCTION
Taking part in an Auction may occur by means of the Bidder being present in
the Auction Room, or by means of written or telephone Bids that WANNENES
ART AUCTIONS will gladly carry out for potential Purchasers. This service is
free of charge and, therefore, WANNENES ART AUCTIONS bears no form of
responsibility for this service. WANNENES ART AUCTIONS will, therefore, not be
responsible for any Bids inadvertently mislaid or for mistakes in relation to the
latter. New Purchasers will have to provide sufficient bank references by means
of a Presentation Letter supplied by the Purchaser's bank to WANNENES ART
AUCTIONS, piazza Campetto, 2, 16124, Genoa.

BIDDING IN PERSON
In order to bid in person, potential Purchasers have to register and collect a
bidding number by filling out the Bidding Form and providing a valid document
of identification and tax code number. All Lots sold will be invoiced to the name
and address supplied when collecting the Bidding Number and they will not
be able to be transferred to other names and/or addresses. Should a potential
Purchaser wish to bid on behalf of a third party, s/he should inform WANNENES
ART AUCTIONS before the beginning of the Auction.

WRITTEN AND TELEPHONE BIDS
In order to bid by means of written or telephone Bids potential purchasers have
to fill out the Bidding Form in this Catalogue and send it by fax to the number +39
010 2517767 at least SEVEN hours before the beginning of the Auction. Bids must
be in euro and do not include Auction commissions and charges and taxation
as laid down by the Law. Written Bids are carried out on behalf of the Bidder at
the lowest price possible in consideration of the reserve price and the other Bids
offered. In the absence of a higher Bid, written Bids undertaken on Lots without
a reserve (indicated by the Estimate in RED) will be sold at approximately 50% of
the lowest estimate or at the figure corresponding to the Bid, even though lower
than 50% of the lowest Estimate. Telephone Bids are organised by WANNENES
ART AUCTIONS according to the availability of the telephone lines being used
and exclusively for Lots that have a maximum Estimate of at least 500 euro.
Telephone calls during the Auction may be recorded. Potential purchasers who
bid by telephone consent to the recording of their conversations.

HAMMER PRICE
The Hammer Price indicates that a Sale of a Lot has been made and at that
moment the Purchaser assumes full responsibility for the Lot. As well as
the hammer price the Purchaser has to recognise the commissions (buyer's
premium) to be paid to WANNENES ART AUCTIONS and the taxes to be paid as
laid down by the Law.

PAYMENT
Purchasers have to carry out payment for the Lot/s by 10 working days from the
date of the Auction by means of:
Cash payment less then 1.000 euro.
Circular cheque written out to Art Auctions S.r.l., subject to verification with the
issuing institute.
Current account bank cheque written out to Art Auctions S.r.l., following prior
agreement with the Management of WANNENES ART AUCTIONS.
Credit transfer to Art Auctions S.r.l.:
UNICREDIT BANCA, Via Dante, 1, 16121, Genoa
BUYING AT WANNENES
SWIFT UNCRITMM - IBAN IT 02 H 02008 01400 000110001195
WANNENES ART AUCTIONS may, upon agreement with the Seller, offer those
Purchasers it deems reliable the possibility to pay for Lots in instalments.
Potential purchasers who wish to undertake payment by instalments should
contact the Management of WANNENES ART AUCTIONS before the Sale.

COLLECTION OF LOTS
Purchasers must collect the Lot/s by 15 working days from the date of the
Auction. At the end of this span of time, WANNENES ART AUCTIONS will not be
responsible either for the custody of the Lot/s or for any damage that may occur
to the Lot/s upon their removal to an appropriate warehouse. WANNENES ART
AUCTIONS will charge the Purchaser with the costs of insurance and storage
as laid down in the Chart available to Customers in the headquarters of the
Company. When collecting the Lot/s, the Purchaser must provide WANNENES
ART AUCTIONS with a valid document of identity. Should the Purchaser request
a Third Party to collect the Lot/s already paid for, the latter should possess a
piece of written permission signed by the Purchaser and a photocopy of the
Purchaser's document of identity. The Lot/s are given to the Purchaser or the
Third Party only upon payment having taken place. If purchased Lot/s are
collected after the above-mentioned time limit the Auction House may debit the
costs of storage (by month or part of a month) as follows:
100 euro + VAT for Furniture
50 euro + VAT for Paintings
25 euro + VAT for Objects

THE SHIPPING OF LOTS
The Staff at WANNENES ART AUCTIONS will be glad to ship Lots purchased
according to written instructions given by the Purchaser, following payment of
the Lot/s concerned. Shipping will be at the risk and expense of the Purchaser
who, by means of a written communication, will have to subtract WANNENES
ART AUCTIONS from any responsibility concerning such an operation.
Furthermore, our Staff is available for evaluations and advice in relation to the
shipping methods employed and insurance of the Lot/s.

EXPORT OF THE LOTS PURCHASED
The Law Decree no. 42 of January 22nd 2004 regulates the export of cultural
heritage and goods outside the Republic of Italy. The EU Regulation no. 3911/92
of December 9th 1992, as modified by EU Regulation no. 2469/96 of December
16th 1996 and by EU Regulation no. 974/01 of May 14th 2001, regulates the
export of cultural heritage and goods outside the european Union. In order
to export outside Italy cultural heritage and goods that are over 50 years old
need an Export Licence that the Purchaser has to procure for him/herself
personally. WANNENES ART AUCTIONS is not involved in the procurement of
such permits and cannot therefore guarantee the relative issue of such permits.
WANNENES ART AUCTIONS, upon the request of the Purchaser, may undertake
the operations necessary for the granting of the Export Licence according to the
following tarifs:
- euro 250,00 + VAT for each single lot or the first lot of a series of lots
- euro 100,00 + VAT for the stub sequent lots in a series of lots
including form-filling, taxation stamps and photographic (colour)
documentation. Should the above-mentioned authorisation not be granted the
Purchase of the Lot/s is not nullified, neither is the payment of the Lot/s, unless
prior agreement with WANNENES ART AUCTIONS was made before the Auction.
With reference to the regulations contained in art. 8, 1st paragraph, letter B DPR
633/72. Purchasers have to respect the following procedures should they wish
to take the Lot/s outside the european Union and claim the VAT refund:
The completion of CUSTOMS forms/papers and transport outside the european
Union within three months from the invoice date.
The sending - within the same term - of the ORIGINAL CUSTOMS TAXATION
STAMP OR EQUIVALENT DOCUMENT directly to WANNENES ART AUCTIONS.

THE ARTIST'S RESALE RIGHT
The Artist's Resale Right has been in force in Italy since April 9th 2006 with the
Law Decree no. 118 (13/02/2006). This represents the right of the Author/Artist
(living or deceased within the previous seventy years) of figurative art works
and manuscripts to perceive a percentage of the sale price of his/her original
works upon those sales taking place following the initial sale of the work/s in
question. Resale Royalties will be charged to the seller where the hammer prise
is 3.000,00 euro or more and will not be superior to 12,500 euro per lot. The
amount to be paid may thus be calculated:
4% for the sale price up to 50,000 euro.
3% for the sale price between 50,000,01 and 200,00 euro.
1% for the sale price between 200,000,01 and 350,000 euro.
0.5% for the sale price between 350,000,01 and 500,000,01 euro.
0.25% for the sale price above 500,000 euro.
The Artist's Resale Right charged to the seller will be paid by WANNENES ART
AUCTIONS to the SIAE (The Italian Society for Authors and Editors) as laid down
by the Law.
NOTICE
Every lot with any electric equipment is sold as "not working" and it should be
totally re-conditioned. WANNENES ART AUCTIONS is not responsible for any
incorrect, wrong use of sold lots or for any non-compliance with instructions.
The words "….year….." or the date cited in the lots description indicates the period
from when the said lot was first produced, unless otherwise specified.
The descriptive image in the catalogue might not faithfully represent the lots at
auction. The Auction House always recommends directly viewing the lots before
making any bids. In case it is not possible to directly view the lots in person, a
bidder may request a condition report in order to receive additional and detailed
images of the lot/s.

TERMINOLOGY AND DEFINITIONS
Affirmations concerning the Author, attribution, origin, period, provenance and
conditions of the Lot/s in the Catalogue are to be considered as the personal
opinion of the Experts and Scholars who may have been consulted and do not
necessarily represent fact.
TITIAN: in our opinion, the work is the work of the artist.
ATTRIBUTED TO TITIAN: in our opinion, the work is probably by the artist,
but there is no absolute certainty.
TITIAN'S WORKSHOP/STUDIO: in our opinion, the work is by an unknown
painter working in the artist's workshop/studio who may or may not have
undertaken the painting under the artist's supervision.
TITIAN'S CIRCLE: in our opinion, the work is by an unknown painter
who is in some way connected or associated to the artist,
although not necessarily a pupil of the artist.
STYLE OF/FOLLOWER OF TITIAN: in our opinion, the work is by a painter who
was contemporary or almost contemporary to the artist, working in the
same style as the artist, without being necessarily connected to him by an
artist-pupil relationship.
MANNER OF TITIAN: in our opinion, the work has been carried out in the style
of the artist but subsequent to the period of the artist.
FROM TITIAN: in our opinion, the work is a copy of a painting by the artist.
IN THE STYLE OF...: in our opinion, the work is in the style mentioned
but from a later period.
SIGNED - DATED - INSCRIBED: in our opinion, the signature and/or date
and/or inscription are by the artist.
BEARING SIGNATURE - DATE - INSCRIPTION: in our opinion, the signature
and/or date and/or inscription have been added.
The dimensions supplied are HEIGHT first, followed by WIDTH.

ART. 1 The objects may be sold in Lots or individually according to the
final opinion of WANNENES ART AUCTIONS (here follows referred to as ART
AUCTIONS or AUCTION HOUSE).
The Auctions will be held in premises that are open to the public by ART
AUCTIONS which acts simply as AGENT in the name and interests of each Seller
(the name of the said Seller is written in all the Registers required by Law). The
Sale directly concerns the Purchaser and the Seller. ART AUCTIONS does not
assume any responsibility in relation to the Purchaser, the Seller or any Third
Party concerned.

ART. 2 The objects are sold to the highest Bidder for cash. Should any
disputes arise among more than one Purchaser, the Auctioneer (his/her decision
is final) will put the object up for sale once more so it can be purchased again
in the same Sale. In each case, the Purchasers who disputed the former Sale
of the object in question are still bound by the initial Bid (which gave rise to the
subsequent Sale of the object).
Should the subsequent purchase fall through once again the Auctioneer (his/
her decision is final) will decide which person may successfully purchase the
Lot/s. Each transfer to Third Parties of the Lot/s purchased does not become
the responsibility of ART AUCTIONS which considers the Purchaser as the sole
person/s responsible for payment. Bidding at an Auction in the name of and
for Third Parties may be accepted by ART AUCTIONS only after sufficient bank
references as well as a power of attorney have been received by the AUCTION
HOUSE at least three days before the Auction.

ART. 3 ART AUCTIONS reserves the right to withdraw any Lot/s from the
Auction. The Auctioneer starts the Auction beginning with the Bid that s/he
believes to be the most opportune, based upon both the value of the Lot/s as
well as the competing Bids. The Auctioneer may make further Bids or in response
to other Bids, until the reserve price is reached. The Auctioneer, during the
Auction, may group together or separate Lot/s and vary the order of the Sale. The
Auctioneer may - and his/her decision is final - withdraw Lot/s that do not reach
the reserve price agreed upon between ART AUCTIONS and the Seller.

ART. 4 In addition to the hammer price, the Purchasers agrees to pay to ART AUCTIONS a buyer's premium on the hammer price of each lot sold, V.A.T. included. On all lots we charge:
30% of the hammer price up to and including € 2.000
25% on that part of the hammer price over € 2.001 and up to and including € 500.000
22% on that part of the hammer price above € 500.001
For those Lots being temporarily imported and coming from non-EU States, apart from the above-mentioned detractions, the Purchaser - if resident in an EU member-State - will pay all other subsequent taxes, as well as refund all expenses required to transform the temporary import status of the object/s to a status that is permanent (the objects are indicated by the sign **). If the Seller is in possession of a VAT number the Purchaser will also pay all subsequent taxes (the objects are indicated with a °°)

ART. 5 In order to guarantee the highest levels of transparency during the
Auction for all those who intend to make Bids, prospective Bidders are required
to fill out a participation form with personal information and bank details. ART
AUCTIONS reserves the right to make checks on the details/references provided
and to refuse those who might not be welcome. Upon completion of the form
ART AUCTIONS will supply a numbered identification paddle which will have to
be shown to the Auctioneer in order to proceed with Bidding.

ART. 6 ART AUCTIONS may accept absentee Bids (by means both of written
as well as telephone Bids) that will be undertaken by the Auctioneer, in direct
competition with those present in the Auction Room. Should there be a case of
identical Bids, the written Bid will prevail upon the oral Bid.

ART. 7 Should there be two written Bids that are not beaten by Bids made in
the Auction Room or telephone Bids, ART AUCTIONS will consider the Purchaser
to be the one who made the Bid first. ART AUCTIONS reserves the right to refuse
- its decision is final - Bids made by Purchasers who are not known or welcome.
ART AUCTIONS may, however, partially in reference to the above-mentioned,
accept Bids if there is a guaranteed sum deposited equal to the value of the Lot that
is requested, apart from commissions (buyer's premium), taxes and expenses. In
each case, at the moment of Purchase, the Purchaser will immediately inform the
AUCTION HOUSE of his/her personal information and taxation details.

ART. 8 ART AUCTIONS acts exclusively as the agent for the Sellers and
bears no responsibility in terms of descriptions of the objects in the Catalogues
or in any other illustrated publication. All the descriptions of objects are
intended purely as illustrative and indicative. They may not generate any form
of reliance as far as the Purchaser is concerned. The Auction will be preceded
by a public viewing of the objects in order to allow for a careful examination of
the objects on behalf of aspiring Bidders. In this way, potential Purchasers will
have the opportunity to and be responsible for a complete examination of all
the qualities of the object/s in question: for example, the authenticity, the state
of preservation, the type, the material and the provenance of the objects being
auctioned. Following the Purchase, no one will be able to dispute or criticise
ART AUCTIONS or the Sellers for the lack of any form of quality in reference to
the object being auctioned. ART AUCTIONS and its employees/consultants will
issue no guarantee of authenticity. All those indications relative to the carats
and the weight of metals or precious stones, as well as their relative marks, are
merely indicative. ART AUCTIONS is not responsible for any potential errors or
falsifications. Notwithstanding any potential reference to descriptions by experts
external to the AUCTION HOUSE, ART AUCTIONS does not either guarantee the
accuracy or the authenticity of such comments.

ART. 9 The Estimates relative to the initial sale price, indicated beneath the
description of each object in the Catalogue, are intended as NET and do not
include, for example, the commissions (buyer's premium), taxes etc. Since the
printing time employed for the making of the Catalogue requires price Estimates
in advance, these latter may be subject to change, as may also the description
of the object. Each and every change will be communicated to the Auctioneer
before the beginning of the Auction in relation to each object concerned. The
Lot/s will, however, only be sold upon reaching the reserve price.

ART. 10 The entire payment of the hammer price, the commissions applied
(buyer's premium) as well as all other expenses must be paid for within ten
working days of the Auction date, in the legal currency of the State in which
the Auction has taken place. In the case of lack of due payment, after full
compensation of damages made to ART AUCTIONS, the AUCTION HOUSE may:
return the object to the Seller and demand full payment from the Purchaser of the
due commissions/premium;
undertake action in order to forcefully obtain the obligations of purchase;
sell the Lot/s privately or in subsequent Auctions, to the disadvantage of the
original Purchaser, treating any sums paid by the latter as a form of sanction.
If the Lot/s is kept by ART AUCTIONS this will be at the risk and expense of the
Purchaser and the original Seller. In each case, until the sale or return dates the
Purchaser will pay ART AUCTIONS a sum - in the form of a sanction - to be
calculated on the basis of the hammer price plus all taxes and commissions at
a rate of 30%. This sum must be paid from the sixth day following the Auction.

ART. 11 The Purchaser, after having paid all the sums due, must collect the
Lot/s acquired within fifteen working days of the Auction date, at his/her own
risk and expense, in full consideration of the opening hours of ART AUCTIONS.
Should the Purchaser not collect the Lot/s during the above-mentioned times
ART AUCTIONS will keep them at the risk and expense of the Purchaser in the
AUCTION HOUSE for a further five working days. Once this period has passed, ART
AUCTIONS will remove the object/s (at the Purchaser's own risk and expense)
to the storage space deemed most appropriate by the AUCTION HOUSE. The
AUCTION HOUSE will inform the Purchaser of the place where the object/s are
kept. Let it be clearly understood that in order to collect the object/s the Purchaser
will have to pay, apart from the price plus commissions (buyer's premium) etc, any
refund due to subsequent expenses incurred by the AUCTION HOUSE.

ART. 12 In each case, ART AUCTIONS may agree with the Purchaser/s upon
different forms of payment, storage, private sale, insurance of the object/s and/or
granting of any other service requested in order to achieve the most successful
results possible.

ART. 13 Everybody has, obviously, to respect the current Laws within the State
where the Auction is held. In particular, ART AUCTIONS assumes no responsibility
in relation to potential restrictions concerning the export of purchased objects
and/or in relation to licences or permits that the Purchaser might have to request
on the basis of current Laws. The Purchaser will not be able to request any refund
either from the Seller or from ART AUCTIONS should the State exercise its right to
pre-emption or any other right it may possess.
The rights that have matured in relation to the hammer price of a sale that has
been annulled on account of it not receiving authorisation for export due to the
lack of agreement of the cultural authorities concerned are, nevertheless, to be
paid by the vendor to Art Auctions if permission was not given because the
vendor did not previously inform Art Auctions of the existence of authorisation
(for export) given by the relevant authority upon the request of the vendor him/
herself.

ART. 14 In the case of disputes that are revealed to be well-founded and
accepted by ART AUCTIONS subsequent to the sale of false objects, the AUCTION
HOUSE may, at its own discretion, declare the sale null and void and, if requested,
reveal the name of the Seller to the Purchaser. The Purchaser may make use
of this Article (Article 14) only and exclusively in the case that s/he has notified
ART AUCTIONS - according to Articles 137 and following in the Code of Civil
Procedure - of the dispute in question with the relative proof within fifteen days
of the Auction date. In each case, subsequent to an accepted claim the Purchaser
has the right to receive exclusively what was paid as the disputed hammer price
without the addition of interests or other sums for any other reason.

ART. 15 The current Sale Conditions are accepted automatically upon signing the
form (see Article 5) and by all those individuals who take part in the Sale. The abovementioned
Conditions are at the disposal of any individual who requests to see them.
Any case of controversy is within the jurisdiction of the Genoa Law Courts.

ART. 16 Privacy Law (Legislative Decree 196/03 including all subsequent amendments and supplements by GDPR 2016/679). Data Controller: ART AUCTIONS S.r.l. with headquarters in GENOA, Piazza Campetto, 2. The Customer may exercise his/her rights according to Legislative Decree 196/03 (access, correction, cancellation, opposition etc), by contacting ART AUCTIONS S.r.l. GARANZIA DI RISERVATEZZA according to Article 25 of Legislative Decree 196/03. The information is computerised with the sole intention of providing the above-mentioned service or any further service relative to the Company, in such a way that is strictly connected to the
question at hand. The supply of data is optional: in default of which, ART AUCTIONS will not be able to perform the service required. Data will not be divulged. Participation in an Auction allows ART AUCTIONS to send subsequent Catalogues of other Auctions.

Auction Details

LUIGI ARMONDI COLLECTION

by
Wannenes Art Auctions
May 28, 2019, 03:00 PM CET

Piazza Campetto, 2, Genoa, 16123, IT

Terms

Live bidding may start higher or lower

Buyer's Premium

€0 - 2,000:40.0%
€2,001 - 500,000:35.0%
€500,001+:32.0%

Bidding Increments

From:To:Increment:
€0€99€10
€100€999€50
€1,000€1,999€100
€2,000€3,199€200
€3,200€3,799€300
€3,800€4,199€200
€4,200€4,799€300
€4,800€4,999€200
€5,000€9,999€500
€10,000€19,999€1,000
€20,000€31,999€2,000
€32,000€37,999€3,000
€38,000+€2,000

CONDIZIONI DI VENDITA

CONDIZIONI DI VENDITA
La partecipazione all'asta implica l'integrale e incondizionata accettazione delle
Condizioni di Vendita riportate di seguito su questo catalogo. Si raccomanda
agli acquirenti di leggere con attenzione questa sezione contenente i termini di
acquisto dei lotti posti in vendita da WANNENES ART AUCTIONS.

STIME
Accanto a ciascuna descrizione dei lotti in catalogo è indicata una stima indicativa
per i potenziali acquirenti. In ogni caso, tutti i lotti, a seconda dell'interesse del
mercato, possono raggiungere prezzi sia superiori che inferiori ai valori di stima
indicati. Le stime stampate sul catalogo d'asta possono essere soggette a
revisione e non comprendono la commissione d'acquisto e l'IVA.

RISERVA
Il prezzo di riserva corrisponde al prezzo minimo confidenziale concordato tra
WANNENES ART AUCTIONS e il venditore al di sotto del quale il lotto non sarà
venduto. I lotti offerti senza riserva sono segnalati sul catalogo con la stima di
colore rosso o con la dicitura O.l. e vengono aggiudicati al migliore offerente
indipendentemente dalle stime pubblicate.

ESPOSIZIONE PRIMA DELL'ASTA
Ogni asta è preceduta da un'esposizione aperta al pubblico gratuitamente i cui
orari sono indicati nelle prime pagine di questo catalogo. L'esposizione ha lo
scopo di permettere a tutti gli acquirenti di effettuare un congruo esame dei lotti
posti in vendita e di verificarne tutte le qualità, quali ad esempio, l'autenticità, lo
stato di conservazione, il materiale, la provenienza, ecc.

ACQUISTO DI OROLOGI
Le descrizioni degli orologi in catalogo, siano essi da tasca, da polso, domestici
o di altra natura, anche relativamente allo stato di conservazione e ad eventuali
restauri, vengono fornite a titolo di orientamento per i potenziali acquirenti, ma
non possono in nessun modo essere ritenute esaustive. Anche il condition report,
che WANNENES ART AUCTIONS invierà su richiesta del potenziale acquirente,
non riveste carattere di totale completezza e potrebbe non segnalare difetti o
restauri. Tali condition report sono prodotti dai nostri Esperti dopo analisi al vero
dei pezzi, ma su base soggettiva e non costituiscono ad alcun titolo elemento di
dichiarazione o garanzia che possano sostituire l'esame diretto da parte degli
interessati all'acquisto.
Tutti gli orologi dovranno quindi essere preliminarmente esaminati in modo
adeguato dal potenziale acquirente per poterne completamente accertare lo
stato, sia estetico che meccanico e funzionale. I lotti sono venduti nello stato
di fatto e la mancata indicazione di un difetto o di un restauro non implica che
tale difetto o restauro non possa sussistere. Gli orologi, in quanto beni di natura
meccanica e di uso, sono per loro stessa natura oggetti utilizzati e manutenuti,
e, se necessario, riparati, nel corso della loro esistenza: essi vengono analizzati
dagli Esperti di WANNENES ART AUCTIONS in fase di preparazione dell'asta, ma
la Casa d'Aste non assume alcuna garanzia circa il loro stato di funzionamento,
la presenza di parti non originali o di restauri.
Nel caso di orologi da polso dichiarati dal produttore come impermeabili, il
loro esame ne ha richiesto l'apertura: WANNENES ART AUCTIONS suggerisce
pertanto che l'acquirente, prima di utilizzarli in condizioni di presenza d'acqua, li
porti a un centro assistenza qualificato per la verifica della loro tenuta.
Nel caso di presenza di movimenti al quarzo non vengono date informazioni
sullo stato di funzionamento, se la batteria interna, al momento della verifica
da parte degli Esperti, risultasse scarica. I documenti relativi agli orologi, se non
specificato diversamente, non sono presenti. I cinturini ed i bracciali, se non
specificato diversamente, sono da ritenersi non originali. I cinturini, le custodie o
le casse o altra parte degli involucri in materiale organico, eventualmente presenti,
sono mostrati montati in fase di prevendita a puro scopo di presentazione: i
potenziali acquirenti sono consapevoli che l'importazione in Paesi stranieri di
materiali provenienti da specie in pericolo di estinzione, quali, a titolo di puro
esempio, tartaruga ed avorio, è soggetta alla normativa internazionale CITES.
E' quindi indispensabile che il potenziale acquirente provveda ad informarsi
adeguatamente, in fase preliminare, relativamente a tali restrizioni, se intende
partecipare all'asta per un lotto che contenga, anche solo in parte, materiali di
questa tipologia. Le indicazioni relative al peso, se inserite in catalogo o presenti
nel condition report, sono da intendersi al lordo e puramente indicative, così
come le misure delle casse e l'effettiva natura e le carature di eventuali pietre
preziose o altri materiali di pregio presenti.

ACQUISTO DIPINTI 
Partecipando all'asta l'acquirente esonera espressamente la Casa d'Asta da ogni e qualsiasi responsabilità e/o garanzia in relazione allo stato di conservazione delle cornici delle opere bandite fino al momento della consegna al compratore stesso. In particolar modo il partecipante si dichiara perfettamente informato del fatto che la cornice non ha costituito né elemento per la formazione del prezzo né  elemento decisionale per l'acquisto considerandosi la sua presenza, o meno, irrilevante. A parziale modifica di quanto sopra la Casa d'Asta risponderà dello stato di conservazione della cornice solo ed esclusivamente se avrà fornito, a seguito di formale richiesta, un condition report (nei limiti della omessa indicazione di eventuali significative manchevolezze).

STATO DI CONSERVAZIONE
Le proprietà sono vendute nel loro stato attuale. Consigliamo quindi ai
potenziali acquirenti di assicurarsi dello stato di conservazione e della natura
dei lotti prendendone visione prima della vendita. Gli Esperti di WANNENES ART
AUCTIONS saranno lieti di fornire su richiesta dei rapporti informativi sullo stato
di conservazione dei lotti in vendita. Le descrizioni sui cataloghi rappresentano
unicamente l'opinione dei nostri Esperti e potranno essere soggetti ad eventuali
revisioni che saranno comunque comunicate al pubblico durante l'Asta.

PARTECIPAZIONE ALL'ASTA
La partecipazione all'Asta può avvenire attraverso la presenza in sala ovvero
attraverso offerte scritte e offerte telefoniche che WANNENES ART AUCTIONS
sarà lieta di eseguire in nome e per conto dei potenziali acquirenti. Si ricorda
che il servizio è gratuito e pertanto nessun tipo di responsabilità potrà essere
addebitato a WANNENES ART AUCTIONS che non sarà responsabile per offerte
inavvertitamente non eseguite o per errori relativi all'esecuzione delle stesse.
I nuovi acquirenti devono fornire adeguate referenze bancarie a mezzo lettera
di presentazione della propria Banca indirizzata a WANNENES ART AUCTIONS,
piazza Campetto 2, 16124 Genova.

PARTECIPAZIONE IN SALA
Per la partecipazione in sala i potenziali acquirenti devono registrarsi e
ritirare l'apposito numero di partecipazione compilando l'apposito Modulo di
Partecipazione all'Asta fornendo un valido documento di identità e il codice
fiscale. Tutti i lotti venduti saranno fatturati al nome e all'indirizzo rilasciati
al momento dell'assegnazione del numero di partecipazione e non potranno
essere trasferiti ad altri nomi e indirizzi. Qualora un potenziale acquirente
voglia partecipare in nome e per conto di terzi deve informare prima dell'Asta la
direzione di WANNENES ART AUCTIONS.

OFFERTE SCRITTE E OFFERTE TELEFONICHE
Per la partecipazione attraverso offerte scritte e telefoniche i potenziali acquirenti
devono compilare l'apposito Modulo di Offerta pubblicato in questo catalogo
ed inviarlo via fax al numero +39 010 2517767 almeno 7 ore prima dell'inizio
dell'asta. Le offerte devono essere in euro e sono al netto dei diritti d'asta e degli
oneri fiscali previsti dalle leggi vigenti.
Le Offerte Scritte saranno eseguite per conto dell'offerente al minimo prezzo
possibile considerati il prezzo di riserva e le altre offerte. Le Offerte Scritte effettuate
sui lotti senza riserva (contrassegnati dalla stima di colore rosso) in assenza di
un'offerta superiore saranno aggiudicati a circa il 50% della stima minima o alla cifra
corrispondente all'offerta, anche se inferiore al 50% della stima minima.
Le Offerte Telefoniche saranno organizzate da WANNENES ART AUCTIONS nei
limiti della disponibilità delle linee ed esclusivamente per lotti aventi una stima
massima di almeno 500 euro. I collegamenti telefonici durante l'Asta potranno
essere registrati. I potenziali acquirenti collegati telefonicamente acconsentono
alla registrazione delle loro conversazioni.

AGGIUDICAZIONI
Il colpo di martello indica l'aggiudicazione del lotto e in quel momento il
compratore si assume la piena responsabilità del lotto. Oltre al prezzo di
aggiudicazione l'acquirente dovrà corrispondere a WANNENES ART AUCTIONS
i diritti d'asta e gli oneri fiscali previsti dalle leggi vigenti.

PAGAMENTO
Gli acquirenti devono effettuare il pagamento dei lotti entro 10 giorni lavorativi
dalla data dell'asta tramite:
A) Contanti per un importo inferiore a1.000,00 euro
B) Assegno circolare intestato a Art Auctions S.r.l., soggetto a preventiva verifica
con l'istituto di emissione
C) Assegno bancario di conto corrente intestato a Art Auctions S.r.l., previo
accordo con la direzione di WANNENES ART AUCTIONS
D) Bonifico bancario intestato ad Art Auctions S.r.l.:
UNICREDIT BANCA, Via Dante 1, 16121 Genova
INFORMAZIONI IMPORTANTI PER GLI ACQUIRENTI
SWIFT UNCRITMM - IBAN IT 02 H 02008 01400 000110001195
WANNENES ART AUCTIONS ha la possibilità, previo accordo con il venditore, di
offrire agli acquirenti che ritenga affidabili la facoltà di pagare i lotti acquistati
a cadenze dilazionate. I potenziali acquirenti che desiderano accedere ad un
pagamento dilazionato devono prendere contatto con la direzione di WANNENES
ART AUCTIONS prima della vendita.

RITIRO DEI LOTTI
Gli acquirenti devono effettuare il ritiro dei lotti entro 15 giorni lavorativi dalla data
dell'asta. Decorso tale termine, WANNENES ART AUCTIONS non sarà più tenuta
alla custodia né sarà responsabile di eventuali danni che possano arrecarsi ai
lotti che potranno essere trasferiti in un apposito magazzino. WANNENES ART
AUCTIONS addebiterà all'acquirente i costi di assicurazione e magazzinaggio
secondo la tabella a disposizione dei clienti presso la sede. Al momento del ritiro
del lotto, l'acquirente dovrà fornire a WANNENES ART AUCTIONS un documento
d' identità. Nel caso in cui l'acquirente incaricasse una terza persona di ritirare i
lotti già pagati, occorre che quest'ultima sia munita di una delega scritta rilasciata
dall'acquirente e di una fotocopia del documento di identità dell'acquirente. I lotti
saranno consegnati all'acquirente o alla persona delegata solo a pagamento
avvenuto.
In caso di ritardato ritiro dei lotti acquistati, la casa d'aste si riserva la possibilità
di addebitare i costi di magazzinaggio (per mese o frazione di mese), di seguito
elencati a titolo indicativo:
€ 100 + IVA per i mobili
€ 50 + IVA per i dipinti
€ 25 + IVA per gli oggetti d'arte

SPEDIZIONE DEI LOTTI
Il personale di WANNENES ART AUCTIONS sarà lieto di occuparsi della
spedizione dei lotti acquistati seguendo le indicazioni comunicate per iscritto
dagli acquirenti e dopo che questi abbiano effettuato per intero il pagamento.
La spedizione avverrà a rischio e spese dell'acquirente che dovrà manlevare per
iscritto WANNENES ART AUCTIONS da ogni responsabilità in merito. Il nostro
personale è inoltre a disposizione per valutazioni e consigli relativi a tutti i metodi
di spedizione e assicurazione dei lotti.

ESPORTAZIONE DEI LOTTI ACQUISTATI
Il Dlgs n. 42 del 22 gennaio 2004 regola l'esportazione di Beni Culturali al di
fuori del territorio della Repubblica Italiana. Il Regolamento CEE n. 3911/92 del
9 dicembre 1992, come modificato dal Regolamento CEE n. 2469/96 del 16
dicembre 1996 e dal Regolamento CEE n. 974/01 del 14 maggio 2001, regola
invece l'esportazione dei Beni Culturali al di fuori dell'Unione europea.
Per esportare fuori dall'Italia i Beni Culturali aventi più di 50 anni è necessaria la
Licenza di Esportazione che l'acquirente è tenuto a procurarsi personalmente.
WANNENES ART AUCTIONS non risponde per quanto riguarda tali permessi, né
può garantire il rilascio dei medesimi. WANNENES ART AUCTIONS, su richiesta
dell'acquirente, può provvedere all'espletamento delle pratiche relative alla
concessione delle licenze di esportazione secondo il seguente tariffario:
- euro 250,00 + IVA per singolo lotto o per il primo di una pratica
- euro 100,00 + IVA per gli altri lotti facenti parte della medesima pratica
Il rimborso comprende la compilazione delle pratiche, le marche da bollo e la
stampa delle fotografie a colori.
La mancata concessione delle suddette autorizzazioni non può giustificare
l'annullamento dell'acquisto né il mancato pagamento, salvo diverso accordo
preso prima dell'Asta con WANNENES ART AUCTIONS.
In riferimento alle norme contenute nell'art. 8, 1° comma, lettera B, del DPR
633/72, si informano i gentili acquirenti che, nel caso in cui volessero trasportare
il bene fuori dal territorio comunitario e ottenere il rimborso dell'Iva, è necessario
rispettare le seguenti procedure:
- completare le pratiche doganali e il trasporto fuori dal territorio U.E. entro 3
mesi a partire dalla data di fatturazione.
- far pervenire entro lo stesso termine la bolla doganale originale o documento
equipollente direttamente a WANNENES ART AUCTIONS.

DIRITTO DI SEGUITO
Con Dlgs n. 118 del 13/2/2006 è in vigore dal 9 Aprile 2006 in Italia il "Diritto di
Seguito" (Droit de Suite), ossia il diritto dell'autore (vivente o deceduto da meno
di 70 anni) di opere di arti figurative e di manoscritti a percepire una percentuale
sul prezzo di vendita degli originali delle proprie opere in occasione delle vendite
successive alla prima. Tale diritto sarà a carico del Venditore e sarà calcolato sul
prezzo di aggiudicazione uguale o superiore ai 3.000,00 euro.
Tale diritto non potrà comunque essere superiore ai 12.500,00 euro per ciascun
lotto. L'importo del diritto da corrispondere è così determinato:
- 4% per la parte del prezzo di vendita fino a 50.000 euro
- 3% per la parte del prezzo di vendita compresa fra 50.000,01 e 200.000 euro
- 1% per la parte del prezzo di vendita compresa fra 200.000,01 e 350.000 euro
- 0,50% per la parte del prezzo di vendita compresa fra 350.000,01 e 500.000 euro
- 0,25% per la parte del prezzo di vendita oltre i 500.000 euro
Il diritto di seguito addebitato al Venditore sarà versato dalla WANNENES ART
AUCTIONS alla SIAE in base a quanto stabilito dalla legge.
AVVERTENZA
Tutti i lotti contenenti componenti elettriche vengono messi in vendita come
non funzionanti e da revisionare integralmente. WANNENES ART AUCTIONS si
manleva da qualsiasi responsabilità verso chiunque per uso improprio dei lotti
venduti o per la non osservanza delle avvertenze.
Si ricorda la necessità, prima dell'utilizzo dei lotti, di far verificare da personale
esperto e di fiducia dell'acquirente, il corretto funzionamento di tutte le parti
elettriche.
La dicitura "...anni..." oppure la data riportata nella descrizione del lotto indica il
periodo di inizio produzione del lotto in oggetto, salvo diversamente specificato.
Le immagini descrittive in catalogo potrebbero non rappresentare fedelmente
i lotti proposti in asta. La Casa d'Aste consiglia sempre la visione diretta delle
opere prima di effettuare offerte.
In caso non fosse possibile visionare i lotti di persona si può richiedere un
condition report per ricevere immagini aggiuntive e dettagliate degli oggetti.

TERMINOLOGIA
Le affermazioni riguardanti l'autore, l'attribuzione, l'origine, il periodo, la
provenienza e le condizioni dei lotti in catalogo sono da considerarsi come
un'opinione personale degli esperti e degli studiosi eventualmente consultati e
non un dato di fatto.
TIZIANO: l'opera, secondo la nostra opinione, è opera dell'artista.
ATTRIBUITO A TIZIANO: l'opera, secondo la nostra opinione,
è probabilmente opera dell'artista, ma non ve n'è certezza.
BOTTEGA DI TIZIANO: l'opera, secondo la nostra opinione, è di un pittore
non conosciuto della bottega dell'artista che può averla eseguita sotto la
sua supervisione o meno.
CERCHIA DI TIZIANO: l'opera, secondo la nostra opinione, è di un pittore
non conosciuto, ma distinguibile, legato al suddetto artista,
ma non necessariamente da un rapporto di alunnato.
STILE DI/SEGUACE DI TIZIANO: l'opera, secondo la nostra opinione, è di
un pittore, contemporaneo o quasi contemporaneo, che lavora nello stile
dell'artista, senza essere necessariamente legato a lui da un rapporto di
alunnato.
MANIERA DI TIZIANO: l'opera, secondo la nostra opinione, è stata eseguita
nello stile dell'artista, ma in epoca successiva.
DA TIZIANO: l'opera, secondo la nostra opinione, è una copia di un
dipinto dell'artista.
IN STILE...: l'opera, secondo la nostra opinione, è nello stile menzionato,
ma di epoca successiva.
FIRMATO - DATATO - ISCRITTO: secondo la nostra opinione,
la firma e/o la data e/o l'iscrizione sono di mano dell'artista.
RECANTE FIRMA - DATA - ISCRIZIONE: secondo la nostra opinione,
la firma e/o la data e/o l'iscrizione sono state aggiunte.
Le dimensioni date sono prima l'altezza e poi la larghezza.

ART. 1 I beni possono essere venduti in lotti o singolarmente ad insindacabile
giudizio della WANNENES ART AUCTIONS (di seguito ART AUCTIONS o Casa
d'Aste). Le aste saranno tenute in locali aperti al pubblico da ART AUCTIONS
che agisce unicamente come mandataria nel nome e nell'interesse di ciascun
venditore (il nome del quale è trascritto in tutti i registri previsti dalle vigenti
leggi). Gli effetti della vendita influiscono direttamente sul compratore e sul
venditore. ART AUCTIONS non assume nessuna responsabilità nei confronti
dell'aggiudicatario, del venditore, o di qualsiasi altro terzo in genere.

ART. 2 Gli oggetti sono venduti/aggiudicati al miglior offerente, e per
contanti. Nel caso in cui sorgessero delle contestazioni tra più aggiudicatari,
il Banditore, a suo insindacabile giudizio, rimetterà in vendita il bene che
potrà essere nuovamente aggiudicato nella medesima asta; in ogni caso gli
aggiudicatari che avessero sollevato delle contestazioni restano vincolati
all'offerta fatta in precedenza che ha dato luogo alla nuova aggiudicazione. In
caso di mancata nuova aggiudicazione il Banditore, a suo insindacabile giudizio,
comunicherà chi deve intendersi aggiudicatario del bene.
Ogni trasferimento a terzi dei lotti aggiudicati non sarà opponibile ad ART
AUCTIONS che considererà quale unico responsabile del pagamento
l'aggiudicatario. La partecipazione all'asta in nome e per conto di terzi potrà
essere accettata da ART AUCTIONS solo previo deposito presso gli Uffici della
Casa d'Aste - almeno tre giorni prima dell'asta - di adeguate referenze bancarie
e di una procura notarile ad negotia.

ART. 3 ART AUCTIONS si riserva il diritto di ritirare dall'asta qualsiasi lotto.
Il banditore conduce l'asta iniziando dall'offerta che ritiene più opportuna,
in funzione sia del valore del lotto presentato sia delle offerte concorrenti.
Il banditore può fare offerte consecutive o in risposta ad altre offerte, fino al
raggiungimento del prezzo di riserva. Il Banditore, durante l'asta, ha facoltà di
accorpare e/o separare i lotti e di variare l'ordine di vendita. Il banditore può, a
suo insindacabile giudizio, ritirare i lotti che non raggiungano il prezzo di riserva
concordato tra ART AUCTIONS ed il venditore.

ART. 4 Oltre al prezzo di aggiudicazione, l'aggiudicatario si impegna a corrispondere ad ART AUCTIONS, per ciascun lotto, una commissione di acquisto comprensiva di I.V.A. pari al:
30% del prezzo di aggiudicazione fino a € 2.000
25% per la parte di tale prezzo da € 2.001 fino a € 500.000
22% per la parte di tale prezzo eccedente € 500.001.
Per i lotti che fossero in temporanea importazione, provenendo da paesi non UE oltre ai corrispettivi d'asta di cui sopra l'aggiudicatario, se residente in un Paese UE, dovrà corrispondere ogni altra tassa conseguente, oltre a rimborsare tutte le spese necessarie a trasformare da temporanea a definitiva l'importazione (i beni interessati saranno indicati con il segno**). Si ricorda che qualora il venditore fosse un soggetto I.V.A. l'aggiudicatario dovrà corrispondere anche le imposte conseguenti (i beni interessati saranno contrassegnati dal segno °°).

ART. 5 Al fine di garantire la trasparenza dell'asta tutti coloro che sono
intenzionati a formulare offerte devono compilare una scheda di partecipazione
con i dati personali e le referenze bancarie. ART AUCTIONS si riserva il diritto
di verificare le referenze fornite e di rifiutare alle persone non gradite la
partecipazione all'asta. All'atto della compilazione ART AUCTIONS consegnerà
un cartellino identificativo, numerato, che dovrà essere esibito al banditore per
formulare le offerte.

ART. 6 ART AUCTIONS può accettare mandati per l'acquisto (tramite sia
offerte scritte che telefoniche) effettuando rilanci tramite il Banditore, in gara
con le persone partecipanti in sala. In caso di offerte identiche l'offerta scritta
preverrà su quella orale.

ART. 7 Nel caso di due offerte scritte identiche, che non siano superate
da offerte in sala o telefoniche, ART AUCTIONS considererà aggiudicataria
quella depositata per prima. ART AUCTIONS si riserva il diritto di rifiutare, a suo
insindacabile giudizio, offerte di acquirenti non conosciuti e/o graditi.
A parziale deroga di quanto sopra ART AUCTIONS potrà accettare dette offerte
nel caso sia depositata una somma a garanzia di importo pari al valore del lotto
richiesto, oltre commissioni, tasse, e spese. In ogni caso all'atto dell'aggiudicazione
l'aggiudicatario comunicherà, immediatamente, le proprie complete generalità e i
propri dati fiscali.

ART. 8 ART AUCTIONS agisce esclusivamente quale mandataria dei
venditori declinando ogni responsabilità in ordine alla descrizione degli oggetti
contenuta nei cataloghi ed in ogni altra pubblicazione illustrativa. Tutte le
descrizioni dei beni devono intendersi puramente illustrative ed indicative e non
potranno generare nessun affidamento di alcun tipo negli aggiudicatari.
L'asta sarà preceduta da un'esposizione dei beni al fine di permettere un congruo
esame degli stessi da parte degli aspiranti acquirenti, affinché quest'ultimi, sotto
la loro totale e completa responsabilità, possano verificarne tutte le qualità,
quali ad esempio, l'autenticità, lo stato di conservazione, il tipo, il materiale, la
provenienza, dei beni posti in asta.
Dopo l'aggiudicazione nessuno potrà opporre ad ART AUCTIONS od ai venditori
la mancanza di qualsiasi qualità dei beni oggetto di aggiudicazione. ART
AUCTIONS ed i propri dipendenti e/o collaboratori non rilasceranno nessuna
garanzia di autenticità e/o quant'altro. Tutte le indicazioni sulla caratura ed
il peso di metalli o pietre preziose, come sui relativi marchi, sono puramente
indicative. ART AUCTIONS non risponderà di eventuali errori o della falsificazione
effettuata ad arte. Nonostante il possibile riferimento ad elaborati di esperti
esterni alla Casa d'Aste, ART AUCTIONS non ne garantisce né l'esattezza né
l'autenticità.

ART. 9 Le stime relative al prezzo base di vendita, riportate sotto la descrizione
di ogni bene sul catalogo, sono da intendersi al netto di ogni onere accessorio
quale, ad esempio, diritti d'asta, tasse ecc. ecc. Poiché i tempi tipografici di
stampa del catalogo richiedono la determinazione dei prezzi di stima con largo
anticipo esse potranno essere oggetto di mutamento, così come la descrizione
del bene. Ogni e qualsivoglia cambiamento sarà comunicato dal Banditore prima
dell'inizio dell'asta sul singolo bene interessato; fermo restando che il lotto sarà
aggiudicato unicamente in caso di raggiungimento del prezzo di riserva.

ART. 10 Il completo pagamento del prezzo di aggiudicazione, dei diritti
d'asta, e di ogni altra spesa accessoria dovrà essere effettuato entro 10 giorni
lavorativi dalla data dell'Asta, in valuta avente corso legale nella Nazione ove si
è svolta l'asta. In caso di mancato pagamento, fermo restando il risarcimento
dei maggiori danni ART AUCTIONS potrà: a) restituire il bene al mancato
venditore ed esigere il pagamento dal mancato acquirente delle commissioni
perdute; b) agire per ottenere l'esecuzione coattiva dell'obbligo di acquisto; c)
vendere il lotto a trattativa privata, od in aste successive, comunque in danno
del mancato compratore, trattenendo a titolo di penale gli eventuali acconti
versati. Nel caso il lotto rimanesse custodito da ART AUCTIONS ciò avverrà a
rischio e spese dell'aggiudicatario e del mancato venditore in solido. In ogni
caso fino alla data di vendita o restituzione l'aggiudicatario dovrà corrispondere
ad ART AUCTIONS una somma, a titolo di penale, calcolata, avendo come
base, l'importo di aggiudicazione maggiorato di tutte le tasse e commissioni, al
tasso del 30%. Tale somma sarà dovuta a partire dal sesto giorno successivo
all'aggiudicazione.

ART. 11 L'aggiudicatario, dopo aver pagato tutte le somme dovute, dovrà
ritirare i lotti acquistati entro 15 giorni lavorativi dalla data dell'Asta a suo
esclusivo rischio, cura e spese, rispettando l'orario a ciò destinato da ART
AUCTIONS. Nel caso in cui l'aggiudicatario non dovesse ritirare i lotti acquistati
entro il termine sopraindicato ART AUCTIONS li conserverà, ad esclusivo rischio
e spese dell'aggiudicatario, nei locali oggetto dell'asta per altri cinque giorni
lavorativi. Trascorso tale periodo ART AUCTIONS potrà far trasportare, sempre
a rischio e spese dell'aggiudicatario, i beni presso un qualsiasi depositario, od
altro suo magazzino, liberandosi, nei confronti dell'acquirente, con la semplice
comunicazione del luogo ove sono custoditi i beni. Resta fermo il fatto che per
ritirare il lotto l'aggiudicatario dovrà corrispondere, oltre al relativo prezzo con
accessori, anche il rimborso di ogni altra spesa successiva.

ART. 12 In ogni caso ART AUCTIONS potrà concordare con gli aggiudicatari
diverse forme di pagamento, di deposito, di vendita a trattativa privata, di
assicurazione dei beni e/o la fornitura di qualsiasi altro servizio che fosse
richiesto al fine del miglior andamento possibile dell'affare.

ART. 13 Tutti sono ovviamente tenuti a rispettare le leggi vigenti all'interno
dello Stato ove è stata svolta l'asta. In particolare ART AUCTIONS non assume
nessuna responsabilità in relazione ad eventuali restrizioni all'esportazione dei
lotti aggiudicati, e/o in relazione a licenze e/o permessi che l'aggiudicatario
potrà dover richiedere in base alla legge vigente. L'aggiudicatario non potrà
richiedere alcun rimborso ne al venditore ne ad ART AUCTIONS nel caso che
lo Stato esercitasse il suo diritto di prelazione, od altro diritto a lui riservato. I
diritti maturati in relazione ad una aggiudicazione poi annullata a causa della
negata autorizzazione all'esportazione del lotto per contrasto tra le diverse
Soprintendenze, sono comunque dovuti dal mandante ad Art Auctions se tale
mancato permesso deriva dalla non comunicazione del mandante ad Art
Auctions dell'esistenza di una autorizzazione all'esportazione rilasciata dall'Ente
competente su richiesta del mandante stesso.

ART. 14 In caso di contestazioni rivelatesi fondate, ed accettate da ART
AUCTIONS a seguito della vendita di oggetti falsificati ad arte la Casa d'Aste
potrà, a sua discrezione, dichiarare la nullità della vendita e, ove sia fatta richiesta,
rivelare all'aggiudicatario il nome del venditore. L'acquirente potrà avvalersi di
questo articolo solo ed esclusivamente nel caso in cui abbia notificato ad ART
AUCTIONS, ai sensi degli articoli 137 e SS CPC la contestazione con le prove
relative entro il termine di 15 giorni dall'aggiudicazione. In ogni caso, a seguito
di un reclamo accettato l'aggiudicatario avrà diritto a ricevere esclusivamente
quanto pagato per l'aggiudicazione contestata, senza l'aggiunta di interessi o
qualsiasi altra somma per qualunque altro motivo.

ART. 15 Le presenti condizioni di Vendita sono accettate automaticamente
alla firma della scheda di cui all'art 5 e comunque da tutti quanti concorrono
alla vendita e sono a disposizione di chiunque ne faccia richiesta. Per qualsiasi
controversia è stabilita la competenza del foro di Genova

ART. 16 Legge sulla Privacy d. lgs. 196/03 e successive modifiche e integrazioni (GDPR 2016/679). Titolare del trattamento è ART AUCTIONS S.r.l. con sede in Genova Piazza Campetto, 2. Il cliente potrà esercitare i diritti di cui al d. lgs. 196/03 (accesso, correzione, cancellazione, opposizione al trattamento ecc.ecc.), rivolgendosi ad ART AUCTIONS S.r.l.. GARANZIA DI RISERVATEZZA ai sensi dell'art. 25 del d. lgs. 196/03 i dati sono trattati in forma automatizzata al solo fine di prestare il servizio in oggetto, o di altro servizio inerente l'oggetto sociale della società, con le modalità strettamente necessarie allo scopo. Il conferimento dei dati è facoltativo: in mancanza, tuttavia ART AUCTIONS non potrà dar corso al servizio. I dati non saranno divulgati. La partecipazione
all'asta consente ad ART AUCTIONS di inviare successivi cataloghi di altre aste.

CONDITIONS OF SALE

CONDITIONS OF SALE
Taking part in an Auction implies the entire and unconditional acceptance of
the Conditions of Sale outlined in this Catalogue. Bidders are required to read
carefully the section of the Catalogue containing the purchase terms of the Lots
for sale by WANNENES ART AUCTIONS.

ESTIMATES
Beside each Lot description in the Catalogue there is an indication of the
Estimate for potential Purchasers. In each case, all the Lots, in light of market
interest, may achieve prices that are either superior to or inferior to the indicated
Estimates. The Estimates published in the Auction Catalogue may be subject
to revision and do not include the purchase commission (buyer's premium) and
VAT.

RESERVE
The reserve price corresponds to the minimum price agreed upon between
WANNENES ART AUCTIONS and the SELLER, beneath which the Lot will not
be sold. Lots offered with no reserve are indicated in the Catalogue with the
Estimate in RED and with the description O.1. These Lots are sold to the highest
Bidder independently of the published Estimates.

VIEWING BEFORE THE AUCTION
Each Auction is preceded by a Viewing which is open, admission free, to the
public. Opening times are shown in the first few pages of this Catalogue. The
Viewing enables all Purchasers to undertake an appropriate examination of the
Lots for sale and to verify all aspects related to the Lot, such as authenticity,
state of preservation, materials and provenance etc.

WATCH AND CLOCK SALES
The descriptions in the catalogue for watches and clocks in relation to
preservation and/or restorations are given as guidelines to the prospective
buyer but may under no circumstance be considered all-inclusive.
The Condition Reports which WANNENES ART AUCTIONS may send, on request
of a prospective buyer, do not reflect an exhaustive description and some
restorations or imperfections may not be mentioned.
Condition Reports are statements of opinion given by our Experts and are
purely subjective and do not constitute a guarantee that may substitute a direct
examination by the prospective buyer.
Prospective buyers should personally inspect the condition of each lot in order
to ascertain its effective state, both from the technical and the aesthetical points
of view.
Lots are sold in their present state and the fact that an imperfection or a
restoration is not mentioned does not imply that the imperfection or restoration
does not exist. Watches, because of their mechanical and functional nature,
are normally used and kept up and possibly repaired, in the course of their
existence: they are examined by the Experts of WANNENES ART AUCTIONS prior
to the sale, but WANNENES ART AUCTIONS gives no guarantee that they are in
working order, free of repairs or in the presence of non-original parts.
Wristwatches in water-resistant cases have been opened to examine their
movements: therefore, WANNENES ART AUCTIONS suggests that such a watch
be controlled by an authorized dealer before using the same in conditions where
water is present.
As concerns quartz movement watches, no information is given about working
order if the battery, at the moment of examination, is discharged.
All documents regarding watches, if not otherwise specified, are not present.
All straps and bracelets, if not otherwise specified, are not to be considered
original.
Straps made of organic material are associated with the watch for display
purposes only: prospective buyers are aware that the importation to foreign
countries of materials derived from endangered or otherwise protected species
(purely as an example: tortoiseshell, ivory) are subject to CITES international
rules.
Prospective buyers should therefore acquire the necessary information on such
restrictions prior to their participation in the sale for lots containing, even though
partially, materials falling under these rules.
Indications of weight, if included in the Condition Report, are to be considered
gross and purely indicative, as are weights in carats of precious stones,
indications of the nature of precious stones or other precious materials and
measures of cases.
PAINTINGS PURCHASE
By participating in the auction, the buyer expressly releases the Auction House from any liability and / or warranty in relation to the state of preservation of the frames of the works auctioned until the time of delivery to the buyer.
In particular, the participant declares to be perfectly informed that the frame was neither an element for the formation of the price nor a decision-making element for the purchase, considering its presence, or its lack, irrelevant.
The Auction House will be responsible for the state of preservation of the frame only if it has provided, following a formal request, a condition report (within the limits of the omitted indication of any significant shortcomings).
STATE OF PRESERVATION
The Lots are sold in their current state. We recommend, therefore, that potential
Purchasers check the state of preservation of the Lots/s, as well as the type of
Lot/s being offered, before the Sale. The Experts of WANNENES ART AUCTIONS
will be happy to provide upon request reports on the state of preservation of the
Lots on sale. The descriptions in the Catalogues merely represent the opinion of
our Experts and may be subject to further revisions that will, in due course, be
given to the public during the Auction.

TAKING PART IN AN AUCTION
Taking part in an Auction may occur by means of the Bidder being present in
the Auction Room, or by means of written or telephone Bids that WANNENES
ART AUCTIONS will gladly carry out for potential Purchasers. This service is
free of charge and, therefore, WANNENES ART AUCTIONS bears no form of
responsibility for this service. WANNENES ART AUCTIONS will, therefore, not be
responsible for any Bids inadvertently mislaid or for mistakes in relation to the
latter. New Purchasers will have to provide sufficient bank references by means
of a Presentation Letter supplied by the Purchaser's bank to WANNENES ART
AUCTIONS, piazza Campetto, 2, 16124, Genoa.

BIDDING IN PERSON
In order to bid in person, potential Purchasers have to register and collect a
bidding number by filling out the Bidding Form and providing a valid document
of identification and tax code number. All Lots sold will be invoiced to the name
and address supplied when collecting the Bidding Number and they will not
be able to be transferred to other names and/or addresses. Should a potential
Purchaser wish to bid on behalf of a third party, s/he should inform WANNENES
ART AUCTIONS before the beginning of the Auction.

WRITTEN AND TELEPHONE BIDS
In order to bid by means of written or telephone Bids potential purchasers have
to fill out the Bidding Form in this Catalogue and send it by fax to the number +39
010 2517767 at least SEVEN hours before the beginning of the Auction. Bids must
be in euro and do not include Auction commissions and charges and taxation
as laid down by the Law. Written Bids are carried out on behalf of the Bidder at
the lowest price possible in consideration of the reserve price and the other Bids
offered. In the absence of a higher Bid, written Bids undertaken on Lots without
a reserve (indicated by the Estimate in RED) will be sold at approximately 50% of
the lowest estimate or at the figure corresponding to the Bid, even though lower
than 50% of the lowest Estimate. Telephone Bids are organised by WANNENES
ART AUCTIONS according to the availability of the telephone lines being used
and exclusively for Lots that have a maximum Estimate of at least 500 euro.
Telephone calls during the Auction may be recorded. Potential purchasers who
bid by telephone consent to the recording of their conversations.

HAMMER PRICE
The Hammer Price indicates that a Sale of a Lot has been made and at that
moment the Purchaser assumes full responsibility for the Lot. As well as
the hammer price the Purchaser has to recognise the commissions (buyer's
premium) to be paid to WANNENES ART AUCTIONS and the taxes to be paid as
laid down by the Law.

PAYMENT
Purchasers have to carry out payment for the Lot/s by 10 working days from the
date of the Auction by means of:
Cash payment less then 1.000 euro.
Circular cheque written out to Art Auctions S.r.l., subject to verification with the
issuing institute.
Current account bank cheque written out to Art Auctions S.r.l., following prior
agreement with the Management of WANNENES ART AUCTIONS.
Credit transfer to Art Auctions S.r.l.:
UNICREDIT BANCA, Via Dante, 1, 16121, Genoa
BUYING AT WANNENES
SWIFT UNCRITMM - IBAN IT 02 H 02008 01400 000110001195
WANNENES ART AUCTIONS may, upon agreement with the Seller, offer those
Purchasers it deems reliable the possibility to pay for Lots in instalments.
Potential purchasers who wish to undertake payment by instalments should
contact the Management of WANNENES ART AUCTIONS before the Sale.

COLLECTION OF LOTS
Purchasers must collect the Lot/s by 15 working days from the date of the
Auction. At the end of this span of time, WANNENES ART AUCTIONS will not be
responsible either for the custody of the Lot/s or for any damage that may occur
to the Lot/s upon their removal to an appropriate warehouse. WANNENES ART
AUCTIONS will charge the Purchaser with the costs of insurance and storage
as laid down in the Chart available to Customers in the headquarters of the
Company. When collecting the Lot/s, the Purchaser must provide WANNENES
ART AUCTIONS with a valid document of identity. Should the Purchaser request
a Third Party to collect the Lot/s already paid for, the latter should possess a
piece of written permission signed by the Purchaser and a photocopy of the
Purchaser's document of identity. The Lot/s are given to the Purchaser or the
Third Party only upon payment having taken place. If purchased Lot/s are
collected after the above-mentioned time limit the Auction House may debit the
costs of storage (by month or part of a month) as follows:
100 euro + VAT for Furniture
50 euro + VAT for Paintings
25 euro + VAT for Objects

THE SHIPPING OF LOTS
The Staff at WANNENES ART AUCTIONS will be glad to ship Lots purchased
according to written instructions given by the Purchaser, following payment of
the Lot/s concerned. Shipping will be at the risk and expense of the Purchaser
who, by means of a written communication, will have to subtract WANNENES
ART AUCTIONS from any responsibility concerning such an operation.
Furthermore, our Staff is available for evaluations and advice in relation to the
shipping methods employed and insurance of the Lot/s.

EXPORT OF THE LOTS PURCHASED
The Law Decree no. 42 of January 22nd 2004 regulates the export of cultural
heritage and goods outside the Republic of Italy. The EU Regulation no. 3911/92
of December 9th 1992, as modified by EU Regulation no. 2469/96 of December
16th 1996 and by EU Regulation no. 974/01 of May 14th 2001, regulates the
export of cultural heritage and goods outside the european Union. In order
to export outside Italy cultural heritage and goods that are over 50 years old
need an Export Licence that the Purchaser has to procure for him/herself
personally. WANNENES ART AUCTIONS is not involved in the procurement of
such permits and cannot therefore guarantee the relative issue of such permits.
WANNENES ART AUCTIONS, upon the request of the Purchaser, may undertake
the operations necessary for the granting of the Export Licence according to the
following tarifs:
- euro 250,00 + VAT for each single lot or the first lot of a series of lots
- euro 100,00 + VAT for the stub sequent lots in a series of lots
including form-filling, taxation stamps and photographic (colour)
documentation. Should the above-mentioned authorisation not be granted the
Purchase of the Lot/s is not nullified, neither is the payment of the Lot/s, unless
prior agreement with WANNENES ART AUCTIONS was made before the Auction.
With reference to the regulations contained in art. 8, 1st paragraph, letter B DPR
633/72. Purchasers have to respect the following procedures should they wish
to take the Lot/s outside the european Union and claim the VAT refund:
The completion of CUSTOMS forms/papers and transport outside the european
Union within three months from the invoice date.
The sending - within the same term - of the ORIGINAL CUSTOMS TAXATION
STAMP OR EQUIVALENT DOCUMENT directly to WANNENES ART AUCTIONS.

THE ARTIST'S RESALE RIGHT
The Artist's Resale Right has been in force in Italy since April 9th 2006 with the
Law Decree no. 118 (13/02/2006). This represents the right of the Author/Artist
(living or deceased within the previous seventy years) of figurative art works
and manuscripts to perceive a percentage of the sale price of his/her original
works upon those sales taking place following the initial sale of the work/s in
question. Resale Royalties will be charged to the seller where the hammer prise
is 3.000,00 euro or more and will not be superior to 12,500 euro per lot. The
amount to be paid may thus be calculated:
4% for the sale price up to 50,000 euro.
3% for the sale price between 50,000,01 and 200,00 euro.
1% for the sale price between 200,000,01 and 350,000 euro.
0.5% for the sale price between 350,000,01 and 500,000,01 euro.
0.25% for the sale price above 500,000 euro.
The Artist's Resale Right charged to the seller will be paid by WANNENES ART
AUCTIONS to the SIAE (The Italian Society for Authors and Editors) as laid down
by the Law.
NOTICE
Every lot with any electric equipment is sold as "not working" and it should be
totally re-conditioned. WANNENES ART AUCTIONS is not responsible for any
incorrect, wrong use of sold lots or for any non-compliance with instructions.
The words "….year….." or the date cited in the lots description indicates the period
from when the said lot was first produced, unless otherwise specified.
The descriptive image in the catalogue might not faithfully represent the lots at
auction. The Auction House always recommends directly viewing the lots before
making any bids. In case it is not possible to directly view the lots in person, a
bidder may request a condition report in order to receive additional and detailed
images of the lot/s.

TERMINOLOGY AND DEFINITIONS
Affirmations concerning the Author, attribution, origin, period, provenance and
conditions of the Lot/s in the Catalogue are to be considered as the personal
opinion of the Experts and Scholars who may have been consulted and do not
necessarily represent fact.
TITIAN: in our opinion, the work is the work of the artist.
ATTRIBUTED TO TITIAN: in our opinion, the work is probably by the artist,
but there is no absolute certainty.
TITIAN'S WORKSHOP/STUDIO: in our opinion, the work is by an unknown
painter working in the artist's workshop/studio who may or may not have
undertaken the painting under the artist's supervision.
TITIAN'S CIRCLE: in our opinion, the work is by an unknown painter
who is in some way connected or associated to the artist,
although not necessarily a pupil of the artist.
STYLE OF/FOLLOWER OF TITIAN: in our opinion, the work is by a painter who
was contemporary or almost contemporary to the artist, working in the
same style as the artist, without being necessarily connected to him by an
artist-pupil relationship.
MANNER OF TITIAN: in our opinion, the work has been carried out in the style
of the artist but subsequent to the period of the artist.
FROM TITIAN: in our opinion, the work is a copy of a painting by the artist.
IN THE STYLE OF...: in our opinion, the work is in the style mentioned
but from a later period.
SIGNED - DATED - INSCRIBED: in our opinion, the signature and/or date
and/or inscription are by the artist.
BEARING SIGNATURE - DATE - INSCRIPTION: in our opinion, the signature
and/or date and/or inscription have been added.
The dimensions supplied are HEIGHT first, followed by WIDTH.

ART. 1 The objects may be sold in Lots or individually according to the
final opinion of WANNENES ART AUCTIONS (here follows referred to as ART
AUCTIONS or AUCTION HOUSE).
The Auctions will be held in premises that are open to the public by ART
AUCTIONS which acts simply as AGENT in the name and interests of each Seller
(the name of the said Seller is written in all the Registers required by Law). The
Sale directly concerns the Purchaser and the Seller. ART AUCTIONS does not
assume any responsibility in relation to the Purchaser, the Seller or any Third
Party concerned.

ART. 2 The objects are sold to the highest Bidder for cash. Should any
disputes arise among more than one Purchaser, the Auctioneer (his/her decision
is final) will put the object up for sale once more so it can be purchased again
in the same Sale. In each case, the Purchasers who disputed the former Sale
of the object in question are still bound by the initial Bid (which gave rise to the
subsequent Sale of the object).
Should the subsequent purchase fall through once again the Auctioneer (his/
her decision is final) will decide which person may successfully purchase the
Lot/s. Each transfer to Third Parties of the Lot/s purchased does not become
the responsibility of ART AUCTIONS which considers the Purchaser as the sole
person/s responsible for payment. Bidding at an Auction in the name of and
for Third Parties may be accepted by ART AUCTIONS only after sufficient bank
references as well as a power of attorney have been received by the AUCTION
HOUSE at least three days before the Auction.

ART. 3 ART AUCTIONS reserves the right to withdraw any Lot/s from the
Auction. The Auctioneer starts the Auction beginning with the Bid that s/he
believes to be the most opportune, based upon both the value of the Lot/s as
well as the competing Bids. The Auctioneer may make further Bids or in response
to other Bids, until the reserve price is reached. The Auctioneer, during the
Auction, may group together or separate Lot/s and vary the order of the Sale. The
Auctioneer may - and his/her decision is final - withdraw Lot/s that do not reach
the reserve price agreed upon between ART AUCTIONS and the Seller.

ART. 4 In addition to the hammer price, the Purchasers agrees to pay to ART AUCTIONS a buyer's premium on the hammer price of each lot sold, V.A.T. included. On all lots we charge:
30% of the hammer price up to and including € 2.000
25% on that part of the hammer price over € 2.001 and up to and including € 500.000
22% on that part of the hammer price above € 500.001
For those Lots being temporarily imported and coming from non-EU States, apart from the above-mentioned detractions, the Purchaser - if resident in an EU member-State - will pay all other subsequent taxes, as well as refund all expenses required to transform the temporary import status of the object/s to a status that is permanent (the objects are indicated by the sign **). If the Seller is in possession of a VAT number the Purchaser will also pay all subsequent taxes (the objects are indicated with a °°)

ART. 5 In order to guarantee the highest levels of transparency during the
Auction for all those who intend to make Bids, prospective Bidders are required
to fill out a participation form with personal information and bank details. ART
AUCTIONS reserves the right to make checks on the details/references provided
and to refuse those who might not be welcome. Upon completion of the form
ART AUCTIONS will supply a numbered identification paddle which will have to
be shown to the Auctioneer in order to proceed with Bidding.

ART. 6 ART AUCTIONS may accept absentee Bids (by means both of written
as well as telephone Bids) that will be undertaken by the Auctioneer, in direct
competition with those present in the Auction Room. Should there be a case of
identical Bids, the written Bid will prevail upon the oral Bid.

ART. 7 Should there be two written Bids that are not beaten by Bids made in
the Auction Room or telephone Bids, ART AUCTIONS will consider the Purchaser
to be the one who made the Bid first. ART AUCTIONS reserves the right to refuse
- its decision is final - Bids made by Purchasers who are not known or welcome.
ART AUCTIONS may, however, partially in reference to the above-mentioned,
accept Bids if there is a guaranteed sum deposited equal to the value of the Lot that
is requested, apart from commissions (buyer's premium), taxes and expenses. In
each case, at the moment of Purchase, the Purchaser will immediately inform the
AUCTION HOUSE of his/her personal information and taxation details.

ART. 8 ART AUCTIONS acts exclusively as the agent for the Sellers and
bears no responsibility in terms of descriptions of the objects in the Catalogues
or in any other illustrated publication. All the descriptions of objects are
intended purely as illustrative and indicative. They may not generate any form
of reliance as far as the Purchaser is concerned. The Auction will be preceded
by a public viewing of the objects in order to allow for a careful examination of
the objects on behalf of aspiring Bidders. In this way, potential Purchasers will
have the opportunity to and be responsible for a complete examination of all
the qualities of the object/s in question: for example, the authenticity, the state
of preservation, the type, the material and the provenance of the objects being
auctioned. Following the Purchase, no one will be able to dispute or criticise
ART AUCTIONS or the Sellers for the lack of any form of quality in reference to
the object being auctioned. ART AUCTIONS and its employees/consultants will
issue no guarantee of authenticity. All those indications relative to the carats
and the weight of metals or precious stones, as well as their relative marks, are
merely indicative. ART AUCTIONS is not responsible for any potential errors or
falsifications. Notwithstanding any potential reference to descriptions by experts
external to the AUCTION HOUSE, ART AUCTIONS does not either guarantee the
accuracy or the authenticity of such comments.

ART. 9 The Estimates relative to the initial sale price, indicated beneath the
description of each object in the Catalogue, are intended as NET and do not
include, for example, the commissions (buyer's premium), taxes etc. Since the
printing time employed for the making of the Catalogue requires price Estimates
in advance, these latter may be subject to change, as may also the description
of the object. Each and every change will be communicated to the Auctioneer
before the beginning of the Auction in relation to each object concerned. The
Lot/s will, however, only be sold upon reaching the reserve price.

ART. 10 The entire payment of the hammer price, the commissions applied
(buyer's premium) as well as all other expenses must be paid for within ten
working days of the Auction date, in the legal currency of the State in which
the Auction has taken place. In the case of lack of due payment, after full
compensation of damages made to ART AUCTIONS, the AUCTION HOUSE may:
return the object to the Seller and demand full payment from the Purchaser of the
due commissions/premium;
undertake action in order to forcefully obtain the obligations of purchase;
sell the Lot/s privately or in subsequent Auctions, to the disadvantage of the
original Purchaser, treating any sums paid by the latter as a form of sanction.
If the Lot/s is kept by ART AUCTIONS this will be at the risk and expense of the
Purchaser and the original Seller. In each case, until the sale or return dates the
Purchaser will pay ART AUCTIONS a sum - in the form of a sanction - to be
calculated on the basis of the hammer price plus all taxes and commissions at
a rate of 30%. This sum must be paid from the sixth day following the Auction.

ART. 11 The Purchaser, after having paid all the sums due, must collect the
Lot/s acquired within fifteen working days of the Auction date, at his/her own
risk and expense, in full consideration of the opening hours of ART AUCTIONS.
Should the Purchaser not collect the Lot/s during the above-mentioned times
ART AUCTIONS will keep them at the risk and expense of the Purchaser in the
AUCTION HOUSE for a further five working days. Once this period has passed, ART
AUCTIONS will remove the object/s (at the Purchaser's own risk and expense)
to the storage space deemed most appropriate by the AUCTION HOUSE. The
AUCTION HOUSE will inform the Purchaser of the place where the object/s are
kept. Let it be clearly understood that in order to collect the object/s the Purchaser
will have to pay, apart from the price plus commissions (buyer's premium) etc, any
refund due to subsequent expenses incurred by the AUCTION HOUSE.

ART. 12 In each case, ART AUCTIONS may agree with the Purchaser/s upon
different forms of payment, storage, private sale, insurance of the object/s and/or
granting of any other service requested in order to achieve the most successful
results possible.

ART. 13 Everybody has, obviously, to respect the current Laws within the State
where the Auction is held. In particular, ART AUCTIONS assumes no responsibility
in relation to potential restrictions concerning the export of purchased objects
and/or in relation to licences or permits that the Purchaser might have to request
on the basis of current Laws. The Purchaser will not be able to request any refund
either from the Seller or from ART AUCTIONS should the State exercise its right to
pre-emption or any other right it may possess.
The rights that have matured in relation to the hammer price of a sale that has
been annulled on account of it not receiving authorisation for export due to the
lack of agreement of the cultural authorities concerned are, nevertheless, to be
paid by the vendor to Art Auctions if permission was not given because the
vendor did not previously inform Art Auctions of the existence of authorisation
(for export) given by the relevant authority upon the request of the vendor him/
herself.

ART. 14 In the case of disputes that are revealed to be well-founded and
accepted by ART AUCTIONS subsequent to the sale of false objects, the AUCTION
HOUSE may, at its own discretion, declare the sale null and void and, if requested,
reveal the name of the Seller to the Purchaser. The Purchaser may make use
of this Article (Article 14) only and exclusively in the case that s/he has notified
ART AUCTIONS - according to Articles 137 and following in the Code of Civil
Procedure - of the dispute in question with the relative proof within fifteen days
of the Auction date. In each case, subsequent to an accepted claim the Purchaser
has the right to receive exclusively what was paid as the disputed hammer price
without the addition of interests or other sums for any other reason.

ART. 15 The current Sale Conditions are accepted automatically upon signing the
form (see Article 5) and by all those individuals who take part in the Sale. The abovementioned
Conditions are at the disposal of any individual who requests to see them.
Any case of controversy is within the jurisdiction of the Genoa Law Courts.

ART. 16 Privacy Law (Legislative Decree 196/03 including all subsequent amendments and supplements by GDPR 2016/679). Data Controller: ART AUCTIONS S.r.l. with headquarters in GENOA, Piazza Campetto, 2. The Customer may exercise his/her rights according to Legislative Decree 196/03 (access, correction, cancellation, opposition etc), by contacting ART AUCTIONS S.r.l. GARANZIA DI RISERVATEZZA according to Article 25 of Legislative Decree 196/03. The information is computerised with the sole intention of providing the above-mentioned service or any further service relative to the Company, in such a way that is strictly connected to the
question at hand. The supply of data is optional: in default of which, ART AUCTIONS will not be able to perform the service required. Data will not be divulged. Participation in an Auction allows ART AUCTIONS to send subsequent Catalogues of other Auctions.