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 auction.
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 es-
timated price does not include the V.A.T. and other taxes
and fees payable by the purchaser. In the event whereby
the work “OFFER” appears instead 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 rais-
ing padles either by themselves or by their representatives
at the table.
Until a work reaches its reserve value the auctioneer may
conclude the sale either through his/her own initiative 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 considering
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 roo
is below the one specified in a written reservation, th
work will be remitted to the bidder having offered in his
her/its reservation a price above the one offered in th
room, whatever such a value may be.
The written reserve form is included in the catalogue it ca
also be downloaded from the web address.
Those wishing to purchase from the auction may partici
pate during the session by calling the telephone number
provided in the catalogue. Such participants must call ALI
ART at least twenty four (24) hours in advance and infor
that they intend to participate in the auction by telephone
7. ALIF ART provides the written reservation and participa
tion by telephone services as a commodity to its clients
Any price increase (bid) by telephone may be registered
Such records shall be used to convince a potential pur
chaser.
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 follow
ing chart. The auctioneer shall be entitled to change th
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 be noti
fied after the session by telephone, e-mail, mail or carrier
The purchaser shall pay a 7 % commission calculated o
the basis of the hammer price as well as the VAT and othe
relevant taxes and withdraw the object(s) within 30 days a
the latest.
All credits cards payements should be done
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