62. Auction of Arts and Antiques

Conditions of Sale Auction announcement on holding of the public Auction, in the sence of Law no. 26/2000 Coll. I. Auctioneer Tomáš Zezula, Identification Number 14629585 conducts the public Auction at the request of the owners of the objects. This Auction will be held in the Auction house Zezula, 142c Hlinky Street, Brno, Czech Republic. II. Auctioned items Each item (or group of items) obtains its number according to the catalogue along with the description and the opening bid. All items may be examined during the exhibition in the Auction House Zezula. On the day of auction the items are not exhibited. All information in the catalogue is based on scientific knowledge published or otherwise available before the date of auction. Information in the printed catalogue may be updated on the internet page of the catalogue. The Auction House Zezula retains the right to correct any information about the auctioned items published in the catalogue. Any corrections will be visibly placed in the auction venue and verbally announced by the auctioneer before auctioning of the relevant item. Items listed in the catalogue with the * symbol have been declared cultural monuments by the state and are subject to the Law no. 20/1987 Coll. about the state care of historical monuments as amended by the subsequent Law no. 242/1992 Coll., no. 361/1999 Coll., no. 122/2000 Coll., no. 132/2000 Coll., no. 146/2001 Coll. and no. 320/2002 Coll. III. Course of the auction Before the beginning of the auction the bidder is required to fill out the Participant Identification Form on the base of which he obtains the auction number. This procedure is free of charge. The auctioneer announces the serial number of the item, its brief description and opening bid. After this calling the bidders, i.e. the owners of the auction number, can bid up with the raising of the auction number. The auction of the item continues until no further bids are made. The increments (in CZK) The immediate bid (in CZK); 100 - 2 000 4 000 10 000 30 000 60 000 100 000 500 000 1 000 000--- The sequence of increments is settled by the Auctioneer. The bidders in the auction hall take precedence. At the coincidence of the same written limits the sequence is settled by the Auctioneer. IV. Successful bidder's obligations The successful bidder must complete his obligation within 10 days after the holding of the auction. The price attained in the auction hall will be increased by a 18% buyer's premium including VAT. Every person concerned is obliged to see the items of his concern beforehand during the exhibition, eventually have the item inspected by an external expert. Objections to the auctioned items concerning the price, condition or state of the items are not accepted after the auction has concluded. V. Bidding in absentia After preliminary agreement the bidder may bid for any item in his absence: if he submits an attested Power of Attorney to Tomáš Zezula, ICO: 14629585, to represent him at the auction and if he determines the item number and the limit up to which it is possible to increase the bids (for each item separately); 'phone' bids are also available after preliminary written agreement at the phone numbers 777 911 791-3. These numbers will be active only on the date of the auction and inaccessible for incoming calls. The auction limits for bidding by phone are accepted for items with an opening bid of CZK 300 or higher. The Auction House Zezula is not responsible for any connection failure due to telecommunications or inaccessibility of the called party. The Power of Attorney form for sending price limits or requisitions for phone bidding may be found in PDF format on internet pages or it may be sent on request. The written, faxed or e-mailed price limits will be accepted till the end of the exhibition. The auction limits sent after the deadline will be accepted only if possible and without guarantee. No regard will be paid to the limits sent after the auction commencement. Bidder bidding in their absence through the bidding limits will be informed about the auction's results in writing. Complete result list of the auction will be published at the internet address the next following business day after the end of the auction. VI. Payment for the item The bidders may make the payment by cash, by bank transfer within fixed course of time, or by credit cards. Cheques are not accepted. In case of bank transfer payment all charges connected with the procedure are chargeable to the buyer. VII. Dispensation and collection of the item Items may be paid and collected at the auction venue during the course of the auction and after it on the same day. The auctioned off items may be further paid and collected within the next three business days after the auction from 10.00-17.00, at the Auction House Zezula, Hlinky 142c, phone No. +420 543 215 704, where all administration will be handled. Outside official dispensation hours individual collection of items is possible after a preliminary agreement at phone No. +420 541 214 436, Mon-Fri, 10.00-17.00. VII. Sale after the auction Items which were not auctioned off (unless the owner determines otherwise) will be available for the opening bid plus a 18% commission. Shipping Terms Auction House will ship, at Buyer's expense