Page 62 - Asta Cinema Stanley Kubrick 754

TERM AND CONDITION right to withdraw, add, group or divide ject to variation, on all amounts not paid
OF SALE lots, as well as the right to refuse a bid in within the regular terms.
Aste Bolaf fi may grant possible exten-
the saleroom or a commission bid.
6 – Purchase price sions of payment terms on the basis of
1 – Introduction A commission in favor of Aste Bolaf fi will agreements which will have to be formal-
These general conditions, together with be charged to the buyer, in addition to ized, in any case, prior to the auction. If
the special notices regulate the sale at the hammer price, as follows: the buyer fails to make payment within
auction and/or private negotiations of Numismatic and philatelic auctions: the thir t y (30) days end of month payment
the lots transferred to Aste Bolaf fi S.p.a. Buyer shall pay the following premium on term, the auction house shall be entitled
(hereinaf ter “Aste Bolaf fi ”). Lots put up the hammer price: to rescind the sale in accordance with
the ar t. 1456 of the Civil Code by giving
for auction are the proper t y of the con- On first € 250.000 22% writ ten prior notice to the purchaser,
signors, who have guaranteed their com- From € 250.001 to € 500.000 20% with reser ve of any fur ther right and ac-
plete availabilit y and legitimate and legal An then 18% from € 500.001. tion for compensation for any damages
provenance. Aste Bolaf fi acts exclusive- All other auctions: the Buyer shall pay arising from non-fulfilment. Any amount
ly as a representative of the individual the following premium on the hammer paid by the purchaser as par t of the total
consignors, in its own name and on their price: price prior to the cancellation of the sale
behalf. The consignor guarantees the au- On first € 100.000 25% will be applied by the auction house as
thenticit y of each lot of fered in the cat- From € 100.001 to € 250.000 22,5% a compensation in accordance to the ar t.
alogue, without hidden defects unless From € 250.001 to € 500.000 20% 1526 of the Civil Code, with reser ve of any
other wise stated in the catalogue and/or An then 18% from € 500.001. fur ther damages.
by the auctioneer. Any indication of the 7 – Lots with additional VAT
state of preser vation of the lots is not to Lots with ± symbol are invoiced 10 – Storage and Shipment
be considered binding. dif ferently and have a dif ferent Until the full price has been paid and
2 – Images buyer's premium on hammer price which until deliver y, lots are held in storage
The copyright in all images, illustrations var y depending on where the item is on the premises of Aste Bolaf fi and in-
and writ ten material produced by or for shipped. sured with adequate coverage at the
Aste Bolaf fi relating to a lot or to a spe- -Goods that remain within UE expense of Aste Bolaf fi. On request, af-
cific contents of this catalogue, is and 1. Buyer's premium of 18% ter payment has been made, lots can be
shall remain at all times the proper t y of 2. VAT on hammer price at the following shipped by insured parcel post at the risk
Aste Bolaf fi and shall not be used by the rates: and expense of the buyer. The possible
buyer, nor by anyone else, without Aste • books 4% expor t duties are also for the account of
Bolaf fi prior writ ten consent. • stamps 10% the buyer. Any expor t requests will be
• all other categories 22% made by the auction house on behalf of
3 – Participation in the saleroom the buyer to the appropriate government
Aste Bolaf fi reser ves the right to request 3. VAT payable at 22% on buyer's premium of fices. The buyer will be required to pay
information from the par ticipants in the -Goods that are shipped outside UE all costs on receipt of the invoice.
bidding as regards their identit y and bank Buyer's premium is the same as
references, as well as the right to refuse that one applied in case of VAT 11 – Exportation of lots
undesirable elements entr y to the sale- margin (see paragraph 6). Custom duties and expor t costs are for
room. If the par ticipant is acting in the VAT REFUNDS the account of the buyer. Requests to
name and on behalf of another physical Private clients residing outside Europe issue cer tification of free circulation for
or legal person, a valid power of at torney may obtain a refund of the VAT on the expor t, in accordance with the legislative
must be exhibited prior to the auction. hammer price by presenting an of ficial provisions in force on the subject, must
document (customs form) that proves that
be made to the appropriate government
4 – Participation by correspondence, the goods will leave the European Union of fices by the auction house on behalf of
telephone link, online within 90 days of deliver y. Non-resident the buyer. The buyer is required to pay
By signing and submit ting the special clients required to pay VAT, who reside the expenses on receipt of the invoice.
forms, the par ticipant agrees to par- in other EU countries or outside the EU, Approximately 10/12 weeks are necessar y
ticipate in the auction referred to and may request a refund of the VAT on the to obtain authorization for expor t.
under takes to pay the purchase price hammer price, as well as of the VAT at Lots impor ted according to the rules of
hammered if his/her of fer(s) should be 22% calculated on the auction commis- Temporar y Impor tation E are not cov-
successful. The par ticipant also takes sions, by presenting an of ficial document ered by the relative provisions of Italian
responsibilit y for ascer taining, af ter the (CMR or customs form) proving that the law concerning the cultural heritage. For
auction, whether his/her of fer has been goods will leave Italy or the European this reason it will not be necessar y to is-
successful, relieving Aste Bolaf fi of any Union within 90 days of deliver y. In case sue cer tification of free circulation. The
liabilit y in that respect. Claims due to of shipment of the goods outside Italy by lots cannot be withdrawn by the buyers,
negligence or error in filling out writ ten the auction house, the refundable VAT as but will have to be shipped by the auc-
of fers by mail will not be accepted. Aste detailed above will not be included in the tion house.
Bolaf fi has no liabilit y toward those who invoice.
par ticipate in the auction by telephone 12 – Condition reports
link and/or online in case of failure to 8 – Lots being sold under Temporary Im- The lots are sold “as is”. Catalogue de-
par ticipate due to possible problems that portation rules scriptions as well as any other indica-
may occur during or prior to the tele- The symbol E af ter a lot number indi- tion or illustration regarding the lots, are
phone and/or internet connection. cates that it is sold in accordance with purely statements of opinion and are not
the Temporar y Impor tation procedure.
to be relied upon as statements of war-
5 – Bids Lots purchased according to the rules rant y. Potential buyers are encouraged to
Lots are awarded to the highest bidder. of Temporar y Impor tation E cannot be inspect the lots in person or through a
Aste Bolaf fi –reser ves the right to cancel withdrawn directly by the buyer, but knowledgeable representative during the
the award in case of possible contesta- will have to be shipped, af ter closing the pre-auction viewing in order to assess
tions. No bids will be accepted for any Temporar y Impor tation process, by the their authenticit y, preser vation, prov-
lot below its star ting price. No “without auction house. enance, qualit y and any defects. On re-
limit ” bids, or “upon examination” bids 9 – Payment quest and for guidance only, Aste Bolaf fi
or bids which combine t wo or more lots Upon sale of a lot, if present in the sale- provides condition repor ts that can add
will be accepted. The star ting price is the room, the buyer shall pay the purchase more information to the catalogue de-
price indicated as the base price, unless price promptly to Aste Bolaf fi on deliver y scriptions.
dif ferent, higher of fers have been re- of the lot. If bidding via telephone, writ- Rare books and autographs auction: The
ceived, in which case the star ting price ten form, or online, the purchase price buyer shall not be entitled to dispute any
will be that of the increment subsequent shall be paid within 7 days of receipt of damage to bindings, foxing, wormholes,
to the next to last of fer. (In case of iden- the invoice. Payments may be made in trimmed pages or plates or any other de-
tical commission bids, the first to arrive cash, within the limits established by fect af fecting the integrit y of the text
will receive precedence, and in any case law, by cer tified and/or personal check and /or its illustration including: indexes
these take precedence over equal of fers of plates, blank pages, inser tions, supple-
made in the saleroom). The size of incre- or credit card. Payments will not be ac- ments and addictions subsequent to the
ments will be regulated at the auction- cepted from par ties other than the buyer. date of publications of the work.
eer's discretion. The minimum increment Interest will be charged on delayed pay- No refund will be considered for books
will be € 25. The auctioneer reser ves the ments at the rate of 0.5% monthly, sub- not described in the catalogue.
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