Done
Dubai, Dubai, United Arab Emirates
Auction Details
ISHTAR AUCTIONS LLC FZ,
Our auction for Paintings, Art, Banknotes, Coins, Jewelry, Stamps, Magazine, Collectable items, Silver Antiques & Guitar
0001: Banknotes, Collection of 12 banknotes from different countries with very good conditions,Est. $50-$75Lot Passed
0011: Banknotes, Cruatia, 1,5,10,25,100 Dinara, Year: 1991, Pic# 16,17,18,19a & 20Est. $25-$35Lot Passed
0012: Banknotes, Iran,20, 50,500,1000 & 5000 Rial, Year: 1970, Pic#100,101,104,105 & 106Est. $750-$1,000Lot Passed
0020: Antique Jewelery,Rose Rut Diamond brooch Pendant 9k,Diamond 15.00 CtEst. $7,500-$17,500Lot Passed
Auction Details

Bid Increments
PriceBid Increment
$0$5
$50$10
$100$25
$500$50
$1,000$100
$2,500$250
$5,000$500
$10,000$1,000
$50,000$5,000
$100,000$10,000
Preview
27th July 2024 , 3:00 pm to 7:00 pm Dubai time
Business Center 1, M Floor,The Meydan Hotel,
Dubai, Dubai 31368
United Arab Emirates
Buyer's Premium
- 13% up to $50,000.00
- 12% up to $500,000.00
- 10% above $500,000.00
Terms & Conditions
General Terms and Conditions
Introduction
Welcome to ISHTAR AUCTIONS LLC FZ. Your engagement with ISHTAR AUCTIONS LLC FZ website implies your acknowledgment
and acceptance of the terms and conditions set forth herein. This includes all specifics, practices, commitments, terms, and
conditions on connection with the buying and selling processes through the site.
ISHTAR AUCTIONS is a Dubai-based company (registered in Meydan Free Zone -Dubai- United Arab Emirates with license number
2313069.1).
All auctioned items are supplied by the First Party (the vendor or seller) and not by ISHTAR AUCTIONS LLC FZ. By using ISHTAR
AUCTIONS LLC FZ website or its electronic applications, you are interacting with entities promoting the sale or provision of goods
and services. All related terms, guarantees, or commitments pertaining to such transactions are strictly established between you and
the First Party (vendor or seller).
You agree that ISHTAR AUCTIONS LLC FZ not legally responsible for any loss, damage, whether tangible or intangible, or any
claims of any kind resulting from any of these transactions taking place on its website. This due to ISHTAR AUCTIONS LLC FZ being
a mere intermediary in facilitating the service through its platform.
Definitions
? ISHTAR AUCTIONS LLC FZ: ISHTAR AUCTIONS LLC FZ Company LLC.
? Agreement means this agreement
? Personal Data: Refers to any information or data concerning the bidder personally. This encompasses
details like their name, nationality, gender, age, job title, address, contact number, email, credit card
information, financial data, purchase history, past auction participation, and any other data not available
to the public in any way whatsoever. This information can be verbally shared, gathered through offline
forms, or collected via the website.
? Auction means an auction undertaken by ISHTAR AUCTIONS LLC FZ.
? Auction Service: This denotes the action of accessing the electronic application or website to view
auctioned items and place bids thereon.
? Auctioneer means ISHTAR AUCTIONS LLC FZ, its staff, representatives, and person and persons for
the time being authorized by the Auctioneer to conduct of an Auction.
? Lots: Refers all items auctioned on the ISHTAR AUCTIONS LLC FZ website or application.
? Bidder: Describes anyone intending to buy any of the auctioned items displayed on ISHTAR AUCTIONS
LLC FZ website or application.
? Bidding Number means the unique bidding number assigned to the Bidder upon registration with the
Auctioneer for an Auction
? Vendor: Refers to the Owner, the seller of any lot/lots representatives thereof, and/or all kinds of private
entities that have items listed on ISHTAR AUCTIONS LLC FZ website or application.
? Commission means the percentage payment as Agreement due by the Purchaser to the Auctioneer
upon the sale of any Lots
? Third Party: Refers to ISHTAR AUCTIONS LLC FZ's role and scope of responsibility as an intermediary
in the sales transaction between the seller and the purchaser without any obligation or liability towards
them, and with no involvement in any unlawful actions that may be carried out by any auction participant.
? Hammer Price means the highest bid for any Lot accepted by the
Auctioneer at an Auction
? Purchase Price means the sum total of the Hammer Price Plus VAT and the Commission
? Purchaser means the highest Bidder for any Lot
? VAT Means the applicable tax payable to the Federal Tax Authority in
the UAE
Registration
? Membership registration on the site is exclusive to individuals above 18 years old.
ISHTAR AUCTIONS LLC FZ reserves the right to terminate the accounts of
members below 18. while adhering to financial settlement upon account closure.
? When registering on the site or app, users acknowledge the correctness of all
submitted data, including personal details, assume full responsibility therefor, and
acknowledge that it's free from errors or ambiguity.
? Prospective buyers desiring to buy items from our website or application shall
register their data, and choose a unique username and password to access the
services of the website or app. Should they forget or decide to change their
password, only the bidder has the right to log-in to their account on website or app
to retrieve an alternative password.
? No member is allowed to maintain two active accounts simultaneously for whatever
reason. ISHTAR AUCTIONS LLC FZ may suspend both accounts or terminate
one of them, while ensuring all account-related financial matters are settled before
its closure.
? Members bear full responsibility for all actions under their account, and they are
prohibited from sharing their credentials with any other person. Users/Members
shall immediately notify ISHTAR AUCTIONS LLC FZ of any unauthorized usage
to the username or password or any similar breaches.
? In all cases, ISHTAR AUCTIONS LLC FZ disclaims any liability and will not
assume responsibility for any direct or indirect losses or damages resulting from
the disclosure of a user's credentials.
? Members acknowledge to indemnify ISHTAR AUCTIONS LLC FZ for any improper,
unauthorized or illegal use carried out through their account, whether by
themselves or any other person who gains access to the account via the website
or the electronic application, using their username and password.
? Users are prohibited from registering or bidding under fictitious or false identities
or on behalf of someone barred from placing bids on auctioned items.
? Users/members acknowledge their agreement to periodically update their registration
information to maintain its accuracy, precision, currency, and completeness.
? If a member/user submits incorrect, inaccurate, outdated, or incomplete information,
or if ISHTAR AUCTIONS LLC FZ suspects that the Member/User deliberately
submitted incorrect or false information, ISHTAR AUCTIONS LLC FZ may suspend
or terminate the account, while adhering to settling all account-related
financial matters before its closure.
? Any individual whose membership with ISHTAR AUCTIONS LLC FZ is terminated
is barred from using the site.
General Terms and Conditions
? Any ambiguities or misunderstandings in the regulations shall not be construed in
a manner detrimental to any party's interest.
? Users/Members agree to individual terms related to each auctioned item, which
shall be considered as complementary and integral to the general terms and
conditions governing parties relationship.
? The bidding and sale process is final and irrevocable. Therefore, Bidders are
required to exercise due diligence by thoroughly inspecting the auctioned item and
conducting a comprehensive examination to eliminate ignorance, prior to placing
bids. They shall also verify the condition of the auctioned item intended for bidding,
including its specifications, current state.
? ISHTAR AUCTIONS LLC FZ Company may postpone the auction in the event of
a technical issue beyond control occurring on the electronic website or application,
until such technical malfunction is rectified.
? ISHTAR AUCTIONS LLC FZ shall not be legally responsible for any technical or
technological issues during the bidding process, whether on the electronic website
or the application. Users/Members are not entitled to file any claims from ISHTAR
AUCTIONS LLC FZ for losses sustained due to technical or technological issues
during the bidding process.
? Auction time can be extended in case a last-minute bid was placed, to provide an
opportunity for the remaining bidders to place their bids.ISHTAR AUCTIONS LLC
FZ reserves the right to extend or postpone the auction as it deems appropriate.
? Electronic bids placed through electronic platforms or application are considered
binding and irrevocable.
? Users/Members are strictly prohibited from increasing the price or engaging in any
activity, whether individually or in collaboration with other bidders, attempting to
raise or reduce the selling price of the offered item. No user is permitted to directly
or indirectly bid on any item that is put up for auction by the client with the intent to
increase the selling price. Self-dealing is strictly prohibited. Self-dealing refers to
activities performed by any individual or entity that buys or sells in an auction
where the seller or buyer belongs to the same entity or entities of the former, where
the intention of such dealings is to manipulate the auction process to create an
unfair advantage, defect, or to impose an unjustified risk on ISHTAR AUCTIONS
LLC FZ or others and ISHTAR AUCTIONS LLC FZs reserves the right to close the
account while adhering to the settlement of financial dues upon account closure.
? These regulations and rules set forth in the Terms & Conditions herein shall govern
the relationship between parties concerned with the electronic website or application.
Nothing contained herein can be used as a proof or tangible evidence against
ISHTAR AUCTIONS LLC FZ.
? ISHTAR AUCTIONS LLC FZ may withdraw auctioned items at any time and without prior notice, at any time it deems appropriate, or in accordance with the
request of the vendor/seller.
? If, for any reason whatsoever, ISHTAR AUCTIONS LLC FZs finds it necessary, it
shall, without prior notice, possess the full right to suspend or terminate any of the
services provided by the website or the electronic application. It may also prohibit
users/members from accessing the website or the application and/or remove any
materials posted therein, and take any actions, whether electronic or legal, it
deems suitable to prevent users from accessing the website. ISHTAR AUCTIONS
LLC FZ has the right to remove inactivated or inactive accounts, when that needs
to be done.
? ISHTAR AUCTIONS LLC FZ has the right to change the service fees displayed on
the website, either temporarily or permanently, without prior notification. This
alteration can occur for promotional purposes, upon the introduction of new
services, or for any other reason.
? All auction transactions are in Emarati Dirhem (AED) . ISHTAR AUCTIONS LLC
FZ isn't liable for losses from currency conversions or due to exchange value.
? Timeframes in these terms are estimates. ISHTAR AUCTIONS LLC FZ isn't liable
for any discrepancies in such timeframes.
? All auction items are sold "as is", without warranties from ISHTAR AUCTIONS LLC
FZ regarding details, specifications, or information provided by the seller, Bidders
bear the sole responsibility to verify item details and information before bidding.
? The descriptions of the lots are made with the greatest care and to the best of our
knowledge, but without binding. Complaints of any kind must be received by the
auctioneer no later than 8 days after receipt or delivery. Lots must be unaltered ,i.e
in the same condition at the time of delivery otherwise the complaint is excluded.
In particular,the following are considered to be changes.
? The auctioneer reserve the right to combine, separate , offer out of order or withdraw
numbers of the catalogue during the auction.
? Claims of any kind against the consignor and against the auctioneer expire no
later than 6 months after the auction.
? Viewing by appointment only- info@ishtarauctions.com
? The Auctioneer sells as an agent for the Vendor and as such is not responsible
for any default by Vendor or Purchaser.
? ISHTAR AUCTIONS LLC FZ retains the right to modify the website or application's
terms and conditions whenever they see fit. These changes take effect immediately
upon posting on the website or application, without any need for prior notice to users/members.
Limitation of Liability
ISHTAR AUCTIONS LLC FZ won't be held accountable for any special, incidental, direct,
indirect, consequential damages or any potential loss of profits to the seller or buyer. This
covers a broad spectrum of damages, including loss of profit and financial losses,
regardless of their nature.
Trademarks and Auction Data
ISHTAR AUCTIONS LLC FZ alone has the right to use all trademarks and logos, and it
undertakes not to copy, modify, or distribute any content from the website, or violate, in
any way and under any circumstance, terms of copyright materials or trademarks of the
website or the electronic application.
Users are forbidden from recording, copying, storing, duplicating, reproducing, broadcasting,
or exploiting any data or audio/video content or images related to the auction.
Harm to ISHTAR AUCTIONS LLC FZ
Users undertake to refrain from using any form of hacking tools or programs, such as
Hackers, Robots, Spiders, Scrapers, etc., to access the website or app, for any reason
whatsoever. Additionally, users undertake to comply with all provisions of laws pertaining
to IT, indicated in Federal Decree Law No. 5 of 2012 on combating IT crimes and its
amendments.
Users undertake to refrain from any activities that might negatively affect the infrastructure
of the website or the app, hinder user access, or limit access to certain user
categories in anyway whatsoever.
Bidding
? The items to be auctioned can be viewed and inspected before the auction.
? The auctioneer does not assume any guarantee in the legal sense for the catalogue
descriptions made to the best of his knowledge and belief.
? The items to be auctioned can be viewed and inspected before the
auction.The auctioneer does not assume any guarantee in the legal sense for
the catalogue descriptions made to the best of his knowledge and belief.
? All lots will be sold to the highest bidder.
? Bids can be placed prior to the auction ? Auto bid? or during the live auction. In
the case of equal bids preference is given to the first bid received at the discretion of ISHTAR ACTIONS LLC FZ. Bidding follow s set bidding increments
and bids that do not follow bid increments are automatically rounded up to the
next full increment. Bid cannot be lowered or deleted after having been
placed.
? The highest Bidder shall be the Purchaser. Any dispute as to any bid shall be
settled at the Auctioneer's absolute discretion. Every Bidder shall be deemed
to act as a principal unless there is in force written acknowledgement by the
Auctioneer that the Bidder acts as agent on behalf of a named principal. Any
such agency arrangements must be notified to the Auctioneer at registration.
? No Bidder may advance less at a bid than a sum to be named from time to
time by the Auctioneer.
? Auctioneer may offer Lots to internet bidders using its online service; however,
Auctioneer shall not be liable for any claims or costs arising from its failure to
do so. Inaccuracies in the catalogue or on the internet will under no circumstances
relieve the Purchaser from responsibilities accepted on the Bidders
Registration form.
? The Auctioneer will use reasonable endeavours to ensure that all Lots appearing
in the catalogue for sale are presented for sale at the Auction but the Auctioneer
accepts no liability for loss or damage howsoever arising (included but
not limited to costs of attendance of Bidders at the Auction) in the event that
any Lot is withdrawn or otherwise is not presented for sale at any Auction.
? Bidder acknowledges and agrees that the acquisition, delivery, export, and
ownership of certain products or source of funds for such products are subject
to international, federal, state, and local regulations. Bidder expressly represents
that it is presently in full compliance with and shall continue to comply
with all applicable international, federal, state and local laws, statutes, ordinances
and regulations relation to the acquisition, delivery, export, and ownership
of any Lots as may be required by Bidder.
Buyer?s Premium
Buyer?s Premium is 13% and 5% VAT for UAE Customers will be added to the hammer
price, on all lots..
For Emirates Philatelic Association members the Buyer?s Premium is 11% Plus 5%
VAT .
Their will be no VAT for a customer outside United Arab Emirates as our company is
a Free Zone company .
Guarantees
? ISHTAR AUCTIONS LLC FZ offers no guarantees for any of the
auctioned items, otherwise, it is mentioned in the item details.
? ISHTAR AUCTIONS LLC FZ holds no responsibility and provides no
warranty for any statements, specifications, details, and/or information
presented by the seller. This includes, but isn't limited to:
? Descriptions provided for items.
? All acknowledgments and guarantees made by
sellers or their agents.
? It is the sole responsibility of the bidder/buyer to scrutinize all data,
advertisements, and details concerning the auctioned item before
placing a bid.
Compensation
? If a third party, seller, or buyer presents any claims related to an
auction item, regardless of whether ISHTAR AUCTIONS LLC FZ is
directly involved, you commit to shielding ISHTAR AUCTIONS LLC
FZ from any potential liabilities, losses, or damages, whether before
or after the action. This applies even if a sold item, post-auction,
becomes the subject of any grievances or encumbrances.
? You agree not to hold ISHTAR AUCTIONS LLC FZ accountable and
to free it from any liabilities stemming from:
? Utilizing the electronic auction service.
? Breaching any terms, laws, or regulations.
? Infringing upon someone else's rights.
? A seller/supplier's provision of misleading or incomplete
data to ISHTAR AUCTIONS LLC FZ or
any failure to unveil hidden defects in the auctioned
items.
? You are agreeing to safeguard and shield ISHTAR AUCTIONS LLC
FZ, including its board members and employees, from any claims,
demands, losses, damages, costs, and legal fees arising from:
? Using the e-auction service.
? Breaching the terms, any governing laws, or regulations.
? Infringing upon another party's rights.
? A seller's provision of false or incomplete details to
ISHTAR AUCTIONS LLC FZ or their failure to
disclose any concealed defects associated with the
auctioned item.
Auto Bidder Service
? Steps to activate the bidder:
? Select the item you wish to place a bid on by
clicking the bidder symbol.
? Define the maximum limit you would like for the bid.
? Bidders bear full responsibility for their maximum bid amount and/or
their choice to use the auto-bidding function.
Refund & Return Policy
Winning bidders are obliged to settle the amounts due post-auction. They should be
aware that they cannot reclaim any payments made if they fail to clear the remaining
dues. Also, refunds are not granted in lieu of returning auction items that they've won.
Notifications/Notices
? For inquiries or complaints, contact us on +971526315958 or email
info@ishtarauctions.com .
? Notifications will be dispatched to the email address given during the
account setup with ISHTAR AUCTIONS LLC FZ, or as later changed
by the user within the service. If the user changes their email, they
must inform ISHTAR AUCTIONS LLC FZ of this change by updating
their account details or by emailing the updated address to
email info@ishtarauctions.com .
Disclaimer
? Users/Members acknowledge the internet's inherent unreliability, insecurity, and
susceptibility to disruptions. ISHTAR AUCTIONS LLC FZ cannot guarantee an
uninterrupted service during the auction. Users recognize and absolve ISHTAR
AUCTIONS LLC FZ from any service disruptions or any hindrance in accessing or
using the bidding service.
? While ISHTAR AUCTIONS LLC FZ is committed to personal data privacy, it isn't
accountable for any data leaks due to breaches and attacks from cybercriminals.
Any damage or loss of personal data, for any reason, doesn't hold ISHTAR
AUCTIONS LLC FZ liable.
? ISHTAR AUCTIONS LLC FZ's service, inclusive of all accessible content, materials,
and information, is provided "as is" and "as available," with all its faults and
inconsistencies. To the fullest extent permissible by law, ISHTAR AUCTIONS LLC
FZ renounces all warranties, whether implied or explicit, including but not confined
to merchantability, fitness for a particular purpose, or non-infringement of laws.
? ISHTAR AUCTIONS LLC FZ does not guarantee, under the terms and conditions
herein, that all the statements indicating that the auction service, content or other
materials provided through the service, including, but not limited to, any programs, products, or other materials belonging to external parties, are: (A) accurate,
secure, continuously available, or error-free, or that such defects will be remedied,
or (B) that they meet user-specific requirements. Furthermore, the ISHTAR
AUCTIONS LLC FZ does not warrant and disclaims responsibility for the accuracy
and reliability of the technical inspection reports and disclosures that can be
obtained through the auction service.
? Service users accept that any information, data, or materials procured via the
auction service might have inaccuracies or be incomplete, whether provided by
ISHTAR AUCTIONS LLC FZ or a third-party. Confirming the accuracy, completeness,
and dependability of such information is solely the user's responsibility.
Inspection
? items can be inspected during regular working hours at the time outlined in the
specific terms and conditions of each auction. The buyer is entirely responsible for
verifying and inspecting the items up for sale.
? Lots are sold based on the "as is and in location" condition.
? The buyer confirms they've inspected the items for sale, ensuring they can't claim
due diligence legally. All items are sold after inspection in their current state without
any warranty from ISHTAR AUCTIONS LLC FZ. The buyer can't refer any issues
to ISHTAR AUCTIONS LLC FZ before, during, or after the auction as ISHTAR
AUCTIONS LLC FZ only acts as a presenter and mediator in the sale. The buyer
has a set period to inspect and verify the exhibits before bidding.
Payment
? Payment by bank transfer to be settled within 7 working days after the invoice
date , or payment can be taken from a registered credit/ debit card.
? If you have paid through bank deposit/transfer, please send a copy of the
deposit/transfer receipt to info@ishtarauctions.com email with your username,
phone number registered with ISHTAR AUCTIONS LLC FZ and invoice number so
that we can send you the item/items.
? The payment process can be completed by deposit/bank transfer or by depositing
a bank cheque (United Arab Emirates ).
Payment can be made by:
- Cash Payment ( For United Arab Emirates Customer).
- Cheques payment addressed to ISHTAR AUCTIONS LLC FZ , ( For
United Arab Emirates customers only- The items will deliver after the
cheque will be cashed in ISHTAR AUCTIONS LLC FZ account.
- Wire transfer ( For United Arab Emirates & International Customers)
- Bank Transfer ( For United Arab Emirates customers and International
Customers )
- Credit Card payment.
- Transfer using Stripe application
All amounts due to customers at ISHTAR AUCTIONS LLC FZ Company shall be paid by
means of a bank cheque issued to ISHTAR AUCTIONS LLC FZ, provided that the
cheque is issued under the name of the account holder "beneficiary" only and no other.
The Auctioneer will accept the following as means of payment subject to the conditions
below: ln each case the Purchaser must cause cleared funds equivalent to the Purchase
Price (including but not limited to purchase total, taxes, commissions, duty and storage)
to be paid to the Auctioneer within 7 days from the Auction. No payment shall be deemed
to have been received by the Auctioneer until the Auctioneer has received cleared funds.
Time for payment shall be of the essence.
VAT
VAT, per the Federal Tax Authority Law (FTA) No. 8/2017 issued by the UAE government,
will be added - where relevant in an amount of 5% to the final auction price and all
fees, such as without limitation (Administrative fees late payment fees receipt delay fees
storage fees delivery or export fees). The application of the VAT to the final price falls
under the suppliers (seller) duties, not ISHTAR AUCTIONS LLC FZ's in accordance with
the Federal Tax Authority Law.
Non UAE Purchasers
VAT is payable by the Purchaser on the Hammer Price and Commission of all Lots at
5%. The Purchaser can request a refund (removal of VAT from the invoice) of this VAT
from the Auctioneer provided the Purchaser provides to the Auctioneer's satisfaction an
original bill of lading in connection with the purchased Lot.
UAE Purchasers
VAT is payable by the Purchaser on the Commission and Hammer Price of all Lots at
5%. This VAT amount can be reclaimed by the Purchaser from the Federal Tax Authority
if they are registered for VAT.
In all cases, the Auctioneer reserves the right to make its own inquiries with any third
parties necessary to ascertain if any evidence of VAT registration produced to the
Auctioneer by the Purchaser for the purposes of reclaiming VAT is valid.
Failure to Pay
In the event that the bidder fails to settle the amounts due within the specified period
mentioned in the terms and conditions of the auctioned item, which starts from the
invoice date, the sale will be canceled, and a fine of 1.5% of the sale amount shall be
imposed. Additionally, and all necessary legal actions, both criminal and civil, will be
taken against the successful bidder.
Receipt and Shipping
The buyer agrees to pay all shipping and packaging charges.
The buyer has the right to select his own special shipping company with full responsibility.
ISHTAR AUCTIONS LLC FZ offers to our purchaser the following :
? Deliver the lots using registered mail with Emirates Post, Can be insured mail
(optional).
? Deliver the lots using our courier service.
? The Purchaser collects his lots from our auction house after he/she paid the invoice
, or send their courier on their responsibility .
Applicable law and jurisdiction
These Terms and Conditions shall be governed by and construed in accordance with the
laws of the Emirate of Dubai and the federal laws of the United Arab Emirates as the case
may be in the Emirate of Dubai. Any dispute arising out of or relating to these terms and
conditions shall be under the jurisdiction of the Dubai courts, to hear and decide on any
action or proceeding, and to settle any disputes that may arise
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