Conditions of sale

Purchased lots will become available only after payment in-full has been made. The sale will be conducted in Euros.
Purchasers will pay in addition to the hammer price, a buyer’s premium of 27,60% VAT included.



GUARANTEES
 

The auctionneer is bound by the indications in the catalogue, modified only by announcements made at the time of the sale noted in the legal records thereof.
An exhibition prior to the sale permits buyers to establish the conditions of the works offered for sale and no claims will be accepted after the hammer has fallen. Some difference may appear between the original work and its illustration, there will be no claims in such matter.
The measurements are given only as an indication.



BIDS

Should the auctionneer recognise two simultaneous bids on lot, the lot will be put up for sale again and all those present in the saleroom may participate in this second opportunity to bid.

Absentee bids

If you wish to make a bid in writing, you should use the form included in this catalogue, accompagnied by your bank references, to be received by us no later than two days before the sale.

Telephone bids

If you wish to bid by telephone, please make your request to becalled in writing, accompagnied by your bank references, to be received by us no later than two days before the sale.


COLLECTION OF PURCHASES

Buyers are advised to collect successfull lots as soon as possible to avoid handling and storage costs which may be incurred at their expense. S.V.V. Rossini is not responsible for the storage of purchased lots.

Storage fees at S.V.V. Rossini :
Storage fees are dues as of the 9th day post sale (inclusive of holiday’s and wee-ends). The charge is 4 € inclusive of taxe, per day per lot. All lots with the a hammer price in excess of 10 000.00 € will be subject to an insurance and administration fee of 1 %, inclusive of taxe, of the hammer price. If payment is made by cheque or by wire transfer, lots may not be withdrawn until the payment has been cleared. From the moment the hammer falls, sold items will become the exclusive responsability of the buyer. The buyer will be solely responsible for the insurance, S.V.V. Rossini assumes no liability for any damage to items which may occur after the hammer falls.
An export license can take five or ten weeks to process, although this time may be significantly reduced depending upon how promply the buyer supplies the necessary information to S.V.V. Rossini.

RELEVÉ D’IDENTITÉ BANCAIRE

BNP PARIBAS- PARIS
AGENCE CENTRALE (0028)
30004 00828 00041003896 76
IBAN FR  76 3000 4008 2800 0410 0389 676
BIC : BNPAFRPPPAC


CRAZY BID

By exemption, clause 14 from law from the 10th of July 2000 stipulates: «Should the buyer fail to pay the amount due, and after notice to pay has been given by Rossini to the buyer without success, the lot is re-offered for sale at the seller’s request, under the French procedure known as “procédure de folle enchère”(crazy bid). If the seller does not make this request within two months from the date of the sale, the sale will be automatically cancelled, without prejudice to any damages owed by the defaulting buyer».


FAILING RECEIPT OF PAYMENT

If the buyer fails to pay the hammer price and fees, a formal notice will be sent to him buyer by certified mail with acknowledgement of receipt. Unless payment is received within 10 days following the reception of this formal notice, additional fees of 10% on the hammer price, with a minimum of €250, will be applied in order to cover the recovery expenses. Enforcement of this stipulation does not prevent from granting financial damages and at the expense of the procedure that it would require, and does not predjudge a potential crazy bid may be carried out.


STORAGE AND SHIPPING

We strongly advise the purchasers to withdraw their purchase at their earliest convenience in order to avoid stockage rent fees. On any ground may neither Rossini or the expert be hold responsible for stored items. Storage at Rossini is free during the first 8 days following the sale. Starting on the 9th day, including holydays, we will charge a daily fee of 4€ per day and per item, taxes included; including on holydays. A 1% fee of their nominal value (incl. tax) will apply for lots exceeding €10.000 as to partly cover administration and insurance charges. In case parchases are paid by check or money transfer, items may be delivered upon final collection. Once the auction is hammered, the buyer becomes responsible for his purchase. The buyer is solely in charge for insuring his purchase and Rossini is not liable for any damages the lot may incured once the sale is hammered.


SHIPPING

Shipment is conducted under the entire reponsibility of the buyer. Rossini may carry out the shipment under the following conditions:

1 - A written note from the buyer to Rossini is required. It must exonerate Rossini from any liability that may incur to the item during transportation.

2 - A markup packing fee depending on the value and the size of the item will be added to the shipping costs. The buyer is responsible for choosing his/her shipping company and for the organization of the shipment. Rossini may propose a list of carriers, with no contractual commitment. Gettingt an export licence requires a 5 to 10 week deadline that may be reduced depending on how fast the buyer will instruct Rossini on his/her decisions.