1. AUCTION SALES CONDITIONS
We recommend you to read very carefully all the condi-
tions set in the present catalogue with regard to all the
work put on sale.
2. ESTIMATED PRICE
The catalogue includes the estimated sales price deter-
mined by our advisors for each work to be sold at auc-
tion. The estimated price is determined by considering
factors such as the condition, the rarity, the quality, the
origin (the history of the previous owners, the person
for whom it was made, and the person(s) who used it)
of the work. The estimated price does not include the
V.A.T. and other taxes and fees payable by the purchas-
er. In the event whereby the work “OFFER” appears in-
stead of the estimated price, please submit your offer to
ALIF ART.
3. RESERVE VALUE
Unless otherwise specified, a “Reserve value” is deter-
mined for every work included in the present catalogue.
This confidential value is the value for which the owner
accept to sell and the relevant work cannot be sold for
any price below this value. The reserve value cannot
be above the estimate price indicated in the catalogue.
Works for which a Reserve value is not determined are
indicated with an asterix “*”.
4. REGISTRATION OF THE PURCHASERS
Purchasers must have themselves registered and take a
flag at least thirty (30) minutes before the auction.
5. RAISING PADLES
The auctioneer shall attend and conduct the session so
that participants may attend by telephone or by those
present, having submitted a written reservation, and
raising padles either by themselves or by their repre-
sentatives at the table.
Until a work reaches its reserve value the auctioneer
may conclude the sale either through his/her own initi-
ative or according to those who participate by telephone
or padles raised by those having submitted a written
reservation.
The auctioneer shall refuse the padles determined to be
raised by the owner of the relevant work or on his/her/
its behalf. In no event shall the auctioneer be entitled to
bid on behalf of the owner for values equal or above the
Reserve value.
6. Potential purchasers not attending the session shall be
entitled to apply to ALIF ART and request the flag to be
raised on their behalf for a given work up to a maximum
price they will indicate.
The attendants of ALIF ART shall rise padles consider-
ing the Reserve value in a way to enable to purchase the
work for a lowest possible price.
In the event whereby two or more written reservations
raise padles for a same value, priority will be given to the
one having submitted the written reservation earliest.
In the event whereby the price offered in the auction
room is below the one specified in a written reservation,
the work will be remitted to the bidder having offered i
his/her/its reservation a price above the one offered i
the room, whatever such a value may be.
The written reserve form is included in the catalogue i
can also be downloaded from the web address.
Those wishing to purchase from the auction may par
ticipate during the session by calling the telephon
numbers provided in the catalogue. Such participant
must call ALIF ART at least twenty four (24) hours in ad
vance and inform that they intend to participate in th
auction by telephone.
7. ALIF ART provides the written reservation and par
ticipation by telephone services as a commodity to it
clients. Any price increase (bid) by telephone may b
registered. Such records shall be used to convince a po
tential purchaser.
However, ALIF ART may not be held responsible for an
eventual error or inaccuracy during the session.
8. The bids generally start below the minimum appraise
value. Padles shall be raised in accordance with the fol
lowing chart. The auctioneer shall be entitled to chang
the bidding intervals.
9. THE HAMMER PRICE
Between
100 - 500
Ğ
100
Ğ
Between
500 - 2.000
Ğ
250
Ğ
Between 2.000 - 10.000
Ğ
500
Ğ
Between 10.000 - 20.000
Ğ
1.000
Ğ
Between 20.000 - 50.000
Ğ
2.000
Ğ
Between 50.000 - 100.000
Ğ
5.000
Ğ
Above 100.000
Ğ
10.000
Ğ
The hammer price becomes definitive by the wor
“SOLD” pronounced by the auctioneer. Purchasers shal
be responsible for their bids made by raising their flag
The results related to the written reservations shall b
notified after the session by telephone, e-mail, mai
or carrier. The purchaser shall pay a 7 % commissio
calculated on the basis of the hammer price as well a
the VAT and other relevant taxes and withdraw th
object(s) within 30 days at the latest.
All credits cards payements should be don
within 5 business days after the session.
The Auction will be held and the items sold in TRL.
The Euro Prices Indicated in the cataloque are fo
information only. (1
€
= 2,30
Ğ
)
ALIF ART AUCTION SALES CONDITIONS