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Poster auction:                   Guido Reni (Cerchia-circle of): in our   19 – Claims
            • Condition A  Poster  in  ver y  fine  con-  opinion a work of  an unknown  ar tist   Aste Bolaf fi will consider only those
            dition. Colors are fresh; no paper loss.  made during the life of the ar tist.  claims regarding disputes over authen-
            Some slight defect or tear but ver y mar-  Guido Reni (Seguace-follower): in our   ticit y of lots, the existence of serious
            ginal. A+: wonder ful example of a post-  opinion a work of an unknown ar tist,   flaws or concealed defects and/or the
            er rarely seen in such fine condition. A-:  not necessar y his scholar, also executed   non-conformit y of the lot purchased to
            some slight dir t, fold, tear or other minor  much recently.        that described in the auction catalogue
            restoration.                      Guido Reni (Stile-style): in our opinion a   and available for pre-auction viewing. In
            • Condition B Poster in good condition.  work by a painter working in the ar tist   this connection, defects that the buyer
            Some slight paper loss, but not in the  st yle, contemporar y or nearly contempo-  should have been aware of at the time of
            image or in any impor tant area. If some  rar y.                    purchase will not be considered defects
            restoration  it is  not immediately evident.  Guido Reni (Maniera o scuola-manner or   of conformit y as the buyer, having had
            Lines and colors good, paper may have  school): in our opinion a work executed   the oppor tunit y to view the lot in the
            yellowed.  B+:  poster  in  ver y  good  condi-  in the ar tist st yle by an unknown ar tist   catalogue or during its showing prior to
            tion. B-: in fairly good condition.  influenced  by  him also in a  much  later   sale, could not have failed to obser ve it
            • Condition C Poster in fair condition. The  period.                making use of ordinar y diligence. Possi-
            light-staining may be more pronounced,  Da Guido Reni (from Guido Reni):  in  our   ble claims should be sent by registered
            restorations, folds or flaking are more  opinion a copy of a known work of the   let ter within 15 (fif teen) calendar days:
            readily visible, and possibly some minor  ar tist.                  (i) from the date of the deliver y of the
            paper loss occurs. The poster is other wise  Firmato/Datato/Iscritto (Signed/Dated/  lot  following  the  auction,  in  the  case  of
            intact, the image clear, and the colors still  Inscribed): in our opinion the work has   purchases by persons present in the sale-
            faithful to the ar tist's intent.  been signed/dated/inscribed by the ar t-  room, including those represented by
            • Condition D Poster in bad condition. A  ist.                      agents, commission agents or interme-
            large par t of such poster may be missing,  Reca firma/reca data/reca iscrizione   diaries;
            including some impor tant image area;  (With signature/with date/with) inscrip-  (ii) from the date of the receipt of the lot
            colors.                           tion): in our opinion the signature/date/  delivered by courier, in the case of pur-
                                              inscription  appears to  be by a  hand  oth-  chases by of fers via correspondence or
            13 – Extensions/Expertise         er than that of the ar tist. Aste Bolaf fi re-  by telephone or online;
            The auctioneer shall have the right at his   ser ves the right to express its own opin-  Claims are not accepted in any case:
            absolute discretion to accept or refuse   ion with regard to the author, at tribution,   (a) per taining to flaws or defects express-
            any request for cer tifications of authen-  origin, dating and condition of the lots in   ly described in the catalogue and easily
            ticit y . It should be noted, however, that   the  catalogue.  It is, in  any  case,  an  opin-  discernable in photographs of the lot
            extensions are not accepted for lots if the   ion and is not to be considered an exper t   during the pre-auction viewing;
            description in the catalogue mentions   judgment by any means.      (b) per taining to multiple lots such as col-
            that  they  are  accompanied  by  photo-  Philatelic auction:       lections or accumulations of any kind;
            graphic cer tification. We  fur ther  specif y   K mint   D cancelled   (c) per taining to assor ted lots of stamps
            that any concession of extensions/exper t   O front cover           or coins not described individually;
            appraisals does not alter the terms of   L hinged   N piece         (d) per taining to lots explicitly described
            payment detailed in section 8.    A cover                           in  the  auction  catalogue  as  “to  be  exam-
            14 - Catalogues                   I without gum                     ined ”;
            Numismatic auction: Classifications refer   Numismatic Auction:     (e) per taining to the state of conser vation
            to the following catalogues:      Ac (Acmonital)  Ae (Bronze)  Ag (Sil-  of lots, the evaluation of such state being
            Bol. (Bolaf fi Catalogue of coins and   ver)   Al  (Aluminum)  An  (Antimony)  subjective and sales subject to the clause
            banknotes – Kingdom of Sardinia, King-  Au (Gold)   Ba (Bronzital)   Cn (Nick-  “as seen and found acceptable”;
            dom of Italy, and Italian Republic), Bol.   el-copper)   Cu (Copper)   El (Electro)    (f) per taining to flaws and defects at trib-
            Vat. (Bolaf fi catalogue of cit y of Vatican   It  (Italma)  M.b. (White metal)  Ma (Silver   utable to the  purchase's  actions subse-
            coins) Bab. (Babelon), Bar tolot ti, Biaggi,   plated metal)  Md (Gilded metal)  Mi (Mix-  quent to deliver y of the lot.
            Bohering Calciati, Casolari, B.M.C. (British   ture)  Ni (Nickel)  Ott. (Brass)  Pb (Lead) Pe   (g) Af ter 60 days have passed from the
            Museum Catalogue), Ciani, C.N.I. (Corpus   (Pew ter) Pl (Platinum) Sn (Tin) Zn (Zinc)  auction date.
            Nummorum Italicorum), Cra. (Crapan-  Jewels Auction:                Aste Bolaf fi will respond in writing to the
            zano/Giulianini), Cra. Vol. II (Crapanzano/  Jewels by Cartier. This term implies that,   claim within 60 days of receipt.
            Giulianini vol. II), Craw f. (Craw ford), Coh.   in view of the related signatures, charac-  Aste Bolaf fi will honor claims only when
            (Cohen), Crippa, Dav. (Davenpor t), Di   teristics, hallmarks, the lot is, in our opin-  the lot is judged by t wo exper ts named
            Giulio, D.O.C. (Dumbar ton Oaks Collec-  ion, cer tainly at tributed to the specific   by each par t y to be unauthentic, af fected
            tion), Friedb. (Friedberg), Gad. (Gadour y),   marker. Any other term used in the cat-  by serious flaws or hidden defects and/
            Galeot ti, Gig. (Gigante), Gav. (Gavello   alogue does not warrant the at tribution   or not conforming to the description in
            1996)  Guadàn,  Gulbenkian,  Haeb.  (Hae-  of the item.             the  auction catalogue. In  such cases  the
            berlin) Heiss, Herzfelder, Jenkins e Lew-                           purchaser will be refunded only with the
            is, Krause, Mesio, Müller, Mont. (Monte-  16 – Cultural Heritage codes  amount  corresponding  to  the  purchase
            negro), Mont. Ve. (Montenegro Venezia),   Any lots that may be subject to commu-  and to the shipping cost. Any other re-
            Muntoni, M.zu. A . (Miller zu Aicholds),   nication for the star t of the procedure for   fund or reimbursement  is  expressly  ex-
            Pag. (Pagani), Pozzi, Rav. (Ravegnani Mo-  the declaration of their cultural interest   cluded, except in case of fraud or serious
            rosini), R.I.C. (Roman Imperial Coinage),   pursuant to ar ticle 14 and thereaf ter of   negligence.
            Rizzo, Seaby, Sears, Schl. (Schlumberger),   Legislative Decree no. 42/2004, the gran-  20 – Post-auction sales
            Sim. Simonet ti.                  tors and buyers are required to comply   For 30 days af ter the auction, Aste Bolaf fi
            Philatelic auction: Catalogue numbers   with the relative provisions in force and,   of fers the chance to purchase unsold lots
            and  values  indicated  at  the  end  of  each   in that case, Aste Bolaf fi at its exclusive   via  the  Buy now  section  on  www.aste-
            description refer to the following cata-  discretion, may proceed with a tempo-  bolaffi.it, where you can bid for available
            logues: Bolaf fi and Sassone for Italy and   rar y award of the lot.  lots at the star ting amount plus commis-
            Italian Area: Yver t Tellier and Catalogo   17 – Resale royalties “Droit de Suite”  sion. Aste Bolaf fi reser ves the right to re-
            Unificato for Europe and Yver t Tellier and   Legal obligations concerning the “Droit   fuse a bid.
            Stanley Gibbons for all other countries.   de Suite” (D.lgs. 118 of 13/02/06) are ac-  BY SUBMIT TING A PURCHASE ORDER OR
            Other references are specifically quoted.  complished by Aste Bolaf fi   BIDDING IN THE SALEROOM, THE BUYER
            15 – Catalogue Terms              18 – Conditional sale             FULLY ACCEPTS ALL THE CONDITIONS
            Furniture and painting auction:   The lots are sold by the auction house   OF SALE DETAILED ABOVE AND SPECIAL
            Guido Reni: in our opinion a work by the   with conditional sale in accordance to ar t.   NOTICES. ANY DISPUTS ARISING IN RE-
            ar tist                           1523 of the Civil Code and therefore the   L ATION WITH THESE GENER AL CONDI-
            Guido Reni (Attribuito-attributed): in   buyer will not acquire title to the lots un-  TIONS AND SPECIAL NOTICES SHALL BE
            our opinion probably a work by the ar tist   til the full payment of the purchase price.   SUBMIT TED TO THE EXCLUSIVE JURIS-
            in whole or in par t              The  risk  of  deterioration  and  of  damage   DICTION OF THE COURT OF TURIN.
            Guido Reni (Bottega- studio): in our   of the lots will pass to the buyer upon
            opinion a work executed in the studio   deliver y of the lots. The deliver y of the
            or workshop of the ar tist, but by an un-  lots will only occur upon the full payment
            known ar tist                     of the purchase price.



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