The auction house is a member of the Registre Central de prévention des impayés des Commissaires Priseurs ( Auctioneers Central Registry to prevent overdue payments) towards which any faulty payment may be registered. fees and taxes) for French private residents and up to 15 000 euros (incl. In cash and in euros up to 1 000 euros (incl. In the event of non-payment, the seller may decide to cancel the sale, to conduct legal actions or to present the lot once more on sale on the condition that any possible difference between the first and the second hammer price is to be borne by the faulty buyer.Īs a courtesy we accept payment by Bank transfer in euros, Visa, MasterCard as well as Amex (with additional fees of 2.75%). If the lot is exported outside the European Union within three months after the sale, the VAT on the buyers premium will be refunded by wire transfer, to the buyer, upon proof of exportation. Payment is due immediately after the sale. VAT + 20% VAT) for the manuscripts and the autographs. VAT + 5.5% VAT) for the books and 21,60% incl. VAT + 20% VAT) for the manuscripts and the autographs.Ībove 500 000 euros : 18,99% incl. VAT + 5,5% VAT) for the books and 25,80% incl. VAT + 5.5% VAT) for the books and 30% incl. This calculation applies to each lot per tranche. In addition to the hammer price, buyers will pay the following fees : The auction will be conducted in euros and payment will be due immediately. In the event of any dispute, in particular concerning the authenticity or origin of the items sold, PBA is bound by an obligation of means PBA's possible liability may only be incurred on the express condition that a personal and proven fault is demonstrated against the auction house. PBA cannot be held responsible in any way whatsoever for this information. The information is provided free of charge and subject to anyone’s own interpretation. Some watchmakers may not anymore possess original parts for the restoration of old watches and therefore no guarantee is given to the buyer on possible later restorations, by watchmakers, for watches sold in their actual condition.įor items with a lower estimate of more than 1,000 euros, a condition report on the state of conservation of the lots can be provided upon request. No guarantee is made on the working condition of the watches. These improvements are considered traditional and are accepted by the international gemstone and pearl trade market. Gemstones and pearls in general may have undergone general improvement modifications (oiling for emeralds, heat treatment for sapphires or rubies, bleaching for pearls etc…). The condition of frames is not guaranteed. The absence of any indication of restoration, accidents, condition reports or labels in the catalogue, or verbal announcements at the moment of the sale, does not imply that an item is free of defects. This information, including the indications of dimensions in the catalogue are provided to facilitate the appraisal of the potential buyer and are subject to their own personal judgement. The information contained in the catalogue is established by PBA, assisted by PBA's chosen expert, with all due criteria requested from any public auction house, and can be subject to notifications, declarations and rectifications, which will be announced at the time of the sale and recorded in the minutes of the sale. Is not subject to any claim, dispute, attachment, reservation or pledge and that they can rightfully transfer the ownership of the said property. The seller guarantees to PBA and the buyer that they are the undisputed owner, or are duly authorized by the undisputed owner, of the property offered for sale, that this property Payment is due at the moment of the sale and prices are expressed in euros. Is under the sole jurisdiction of the Parisian courts (France).Įach of these general conditions are independent of each other. The present general terms and conditions, the sale and everything related to it are governed byįrench law the sellers, the buyers and their representatives accept that any legal action The auctioneer is not a party to the sale contract which exclusively binds the seller to the successful bidder. Pierre Bergé & associés (PBA) is a voluntary sales auction house governed by the French law n°of July 10, 2000.
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