Fine Art and Asian Summer Sale (No Reserve)

Terms & Conditions INFORMATION FOR BUYERS Ardeny Antique&Fine Art Auction is a limited liability partnership incorporated under Erdeny Art Ltd. in England and Wales with registered number 09630363, whose registered office is at 15-17 Upper George Street, Connaught House, Luton, England, LU1 2RD 1. Introduction The following informative notes are intended to assist Buyers, particularly those inexperienced or new to our salerooms. All sales are conducted on our printed Conditions of Sale which are readily available for inspection and normally accompany catalogues. Our staff will be happy to help you if there is anything you do not fully understand. 2. Buyers premium. All Bidders accept that they will pay a premium at the rate of 25% inclusive of VAT of the price realised for each lot over and above the hammer price to the Auctioneers for their own retention. The property in any lot shall not pass to the purchaser until he has made payment to the Auctioneers of the full hammer price and the purchaser?s premium (inclusive of any V.A.T.) and a minimum charge of ?1 (one pound) plus vat per lot will be charged 3. Items All lots are sold as shown, with all faults, imperfections and errors of description and the Auctioneers shall not be liable for and do not accept responsibility for the authenticity, genuineness, date, age, peri?od or condition or quality of any lot, in bidding the purchaser accepts the lot as shown, and the auctioneers shall not be liable for errors of description express or implied as to any of these matters. The Auctioneers may at the sale, either verbally or in writing, modify any descriptions or statement in the catalogues. Bidding Commission and Telephone Bids If instructed, the Auctioneers will execute bids and advise prospective purchasers. This service is free. Lots will always be purchased as cheaply as is allowed by other bids and reserves. In the event of iden?tical bids, the earliest received will take precedence. There must always be a maximum limit indicated. ?Buy? or unlimited bids will not be accepted. Commission bids placed by telephone are accepted at the client?s risk.. All bids are accepted exclusive of buyers premium and VAT. Written confirmation of telephone bids from persons unknown to the Auctioneers must be received before the commencement of the sale. Whilst every effort will be made to execute telephone bidding, the Auctioneers cannot be held respon?sible for any default or neglect in connection with this service. All such arrangements therefore are made entirely at the prospective buyer?s risk. It is recommended that all requests for telephone and commission bids are received by the auctioneers by the end of day prior to the auction before 5pm. Whist every attempt will be made to execute such bids received after this time, it is not always possible to do so at this late stage. Clearance and payment No lots may be removed without payment of the full purchase price and the purchaser?s premium includ?ing any VAT. All lots are at the purchaser?s risk after his highest bid has been accepted by the Auctioneers. All lots must be removed at the purchaser?s risk and expense within 15 days of the sale, in default of which the goods will be removed and stored at a charge of ?10.00 plus V.A.T. per week per lot, plus any transport costs. The Auctioneers shall not be liable for any loss or damage of any kind while the lot is in their or their agents? custody. In the event of any breach of these conditions by the purchaser the Auctioneers reserve the right to re-sell any lot without further notice by public or private sale and any loss arising from such sale together with all charges and expenses shall be made good by the defaulter. Purchasers shall be charged interest on any account unpaid for more than 7 days from the date of sale at the rate of 6.5% per month or part month. No lot to be removed during the sale without being previously paid for, this at the discretion of the Auctioneers. Loss/Damage Warranty Unless otherwise instructed in writing the Auctioneers will for a premium of 1% cover all goods left on their premises against the risk of burglary, fire and water damage, theft and accidental breakage. Any claim arising will be processed by the Auctioneers on the basis of their estimation of the sale realisation figure that the goods concerned would have achieved. The Auctioneers shall not be liable for any damage to or theft of goods not insured. Storage Ardeny offer free storage of items delivered up to three weeks prior to sale however reserve the right to make a charge for storing all goods delivered earlier than this or with insuf?ficient instructions and also for goods left on their hands for more than 15 days after the Vendor has received notification of non-sale. Reserves Reserves must be confirmed in writing prior to the sale otherwise the Auctioneers will not be responsible for the application of reserves. Reserves will not be accepted on any lot deemed by the auctioneers to be of a value of less than ?100 (one hundred pounds), (certain exceptions apply), and lots deemed below this value will be sold regardless of estimate. Unsold Lots All lots unsold must be removed by the vendor or carrier within 21 days of the sale, items not collected by this time will be re-offered for sale without reserve. If the said lots remain unsold after reoffering, and are not collected by the vendor, they will be disposed of at the vendors cost. Payment Settlement is normally made to a Vendor approximately 14 working days after the sale. The Auctioneers act as agents and are thus not liable for any default by the purchaser. The Auctioneers will pay the net proceeds of the sale to the Vendor, provided that the Auctioneers have been paid by the purchaser. The Auctioneers shall be entitled to withhold or set off any liability of the Vendor to the Auctioneers on any account against any sale proceeds otherwise due to the Vendor. Third party liability The Auctioneers shall not be liable for any loss, damage or injury whatsoever occasioned to or sustained by any person during the period of public viewing at the auction sale, or before, during or after the sale itself, however the same may arise, unless arising from the negligence of an employee of the Auctioneers. b) These Conditions of Sale and Business constitute the contract between Sino ABC Ltd. (the ?Auctioneer?) and the seller, on the one hand, and the buyer on the other. By bidding at the auction, you agree to be bound by these terms. Ardeny Antique&Fine Art Auction, (?The Auctioneers?) act in every respect relating to goods and the sale thereof as agents only of the person or persons, sending to or leaving such goods with the Auctioneers (?the Vendor?), with a view to the sale thereof. All lots are sold as shown, with all faults, imperfections and errors of description and the Auctioneers shall not be liable for and do not accept responsibility for the authenticity, genuineness, date, age, peri?od or condition or quality of any lot, in bidding the purchaser accepts the lot as shown, and the auctioneers shall not be liable for errors of description express or implied as to any of these matters. The Auctioneers may at the sale, either verbally or in writing, modify any descriptions or statement in the catalogues. Bidding? Potential bidders, must before commencement of the sale, register their full name and postal address with the Auctioneers. Written proof of such details may be requested.? In making any bid or commission bid a purchaser acknowledges that his attention has been drawn to these conditions of sale and that he agrees to be bound by them.? The highest bidder at the fall of the gavel shall be the purchaser.? The advance of bidding shall be regulated by the Auctioneers who reserve the right to refuse any bid.? The Auctioneers reserve the right of absolute discretion in all disputes concerning the conduct of any sale and to re-offer, either immediately or in a future auction, any disputed lot.? In the case of lots upon which the Vendor has imposed a reserve the Auctioneers shall have the right to bid on behalf of the Vendor.? Buyers premium. All Bidders accept that they will pay a premium at the rate of 24% inclusive of VAT of the price realised for each lot over and above the hammer price to the Auctioneers for their own retention, In certain circumstances a lot may be subject to V.A.T. This lot will be marked with an asterisk. The property in any lot shall not pass to the purchaser until he has made payment to the Auctioneers of the full hammer price and the purchaser?s premium (inclusive of any V.A.T.) and a minimum charge of ?1 (one pound) plus vat per lot will be charged Artist resale rights apply to certain lots in this catologue. Such lots will be marked (ARR.) If such realise the pound sterling equivalent of 1000 Euros or more- a charge will be made at a variable percentage rate in accordance with the European laws of Droit de suite Please note that any lots purchased via the-saleroom.com live auction or our own online bidding service will be subject to an additional 5.94% commission (inclusive of vat under the auctioneers margin scheme) Commission and Telephone Bids If instructed, the Auctioneers will execute bids and advise prospective purchasers. This service is free. Lots will always be purchased as cheaply as is allowed by other bids and reserves. In the event of iden?tical bids, the earliest received will take precedence. There must always be a maximum limit indicated. ?Buy? or unlimited bids will not be accepted. Commission bids placed by telephone are accepted at the client?s risk.. All bids are accepted exclusive of buyers premium and VAT. Written confirmation of telephone bids from persons unknown to the Auctioneers must be received before the commencement of the sale. Whilst every effort will be made to execute telephone bidding, the Auctioneers cannot be held respon?sible for any default or neglect in connection with this service. All such arrangements therefore are made entirely at the prospective buyer?s risk. It is recommended that all requests for telephone and commission bids are received by the auctioneers by the end of day prior to the auction before 5pm. Whist every attempt will be made to execute such bids received after this time, it is not always possible to do so at this late stage. Clearance and payment No lots may be removed without payment of the full purchase price and the purchaser?s premium includ?ing any VAT. All lots are at the purchaser?s risk after his highest bid has been accepted by the Auctioneers. Important information: PLEASE READ ALL INFORMATION IN THIS SECTION. All lots unless otherwise stated should be considered "AS FOUND" Please ask for condition reports at least 48 hours prior to the sale if you feel they are required- condition of lots is not stated in the catalogue descriptions. ALL LOTS PURCHASED MUST BE PAID FOR WITHIN 7 DAYS OF THE AUCTION DATE AND COLLECTION OF ALL LOTS MUST BE MADE WITHIN 7 DAYS. CHARGES FOR LATE PAYMENT AND/ OR COLLECTION MAY BE MADE UNLESS AGREED PRIOR TO THE AUCTION. Please note that any lots purchased via the-saleroom.com live auction or our own online bidding service will be subject to an additional 5.94% commision ( inclusive of vat under the auctioneers margin scheme) THE AUCTIONEERS SUGGEST THAT VIEWING IN PERSON IS ESSENTIAL WHEREVER POSSIBLE. IF YOU DECIDE TO PURCHASE ITEMS WITHOUT VIEWING THEM OR ASKING RELAVANT QUESTIONS IT IS AT YOUR OWN RISK AS ALL LOTS ARE SOLD "AS IS". CONDITION REPORTS ARE OFFERED AS A COURTESY BUT SHOULD IN ALL CASES BE ASSUMED TO BE A MATTER OF OPINION AND PROSPECTIVE PURCHASERS ARE ADVISED TO SATISFY THEMSELVES AS TO THE CONDITION AND DETAIL OF ALL LOTS. ALL MEASUREMENTS AND WEIGHTS NOTED IN THE CATALOGUE AND SUBSEQUENT CONDITION REPORTS SHOULD BE CONSIDERED APPROXIMATE. ALL LOTS PURCHASED MUST BE PAID FOR WITHIN 7 DAYS OF THE AUCTION DATE. ARTIST RESALE RIGHTS APPLY TO CERTAIN LOTS IN THIS CATOLOGUE. SUCH LOTS WILL BE MARKED (ARR.) Due to the large number of requests for telephone bids that we receive, we regret that we are unable to accept telephone bids unless, a) you are prepared to bid up to at least the top estimate (where such estimates are published ) should the bidding go that far, and b) the lot has a low estimate of at least ?300 (and this will be considered the minimum bid accepted for telphone bidders) c) all requests for telephone bids must be in by 5pm on the day before the auction. A deposit may be required for persons wishing to Book telephone bids please contact the office if you have queries in this regard PLEASE NOTE :- WE NO LONGER ACCEPT CREDIT CARDS OF ANY SORT FOR PAYMENT OF GOODS PURCHASED - WE APOLOGISE FOR THIS HOWEVER IT IS NO LONGER ECONOMICALLY VIABLE FOR US TO PROCESS CREDIT CARD PAYMENTS. REGARDING JEWELLERY AND PRECIOUS METALS. Payment for jewellery and precious metals can only be made by the following methods: in person by cash in person with chip and pin debit card direct wire transfer to our bank pre cleared cheque (up to 21 days to allow for banking) we stopped to accept credit card payment more than ?300 please contact the office if you have queries in this regard

You may need a licence even if you are exporting out from UK, single item price £65000 above. please follow special rule of UK's government: https://www.gov.uk/guidance/export-art-antiques-and-cultural-goods-special-rules