written bids on your behalf.
Abidding form can be found at the back
of this catalogue.This service is free and
conÞdential. In the event of identical
bids, the earliest bid received will take
precedence.
Always indicate a“top limit”.“Buy”and
unlimited bids will not be accepted.
Any written bids may be:
• Sent by facsimile to
+33 (0)1 53 05 52 93
/52 94,
• Given to sta! at the Client Service
Desks,
• Posted to the Paris o|ces of Sotheby’s,
• Hand delivered to the Paris o|ces of
Sotheby’s.
To ensure a satisfactory service to
bidders, please ensure that we receive
your written bids at least 24 hours before
the sale.
Bidding by Telephone
If you cannot
attend the auction, it is possible to bid
on the telephone on property with a
minimum low estimate of €4
,000.Asthe number of telephone lines is limited,
it is necessary to make arrangements
for this service 24 hours before the
sale. Moreover, in order to ensure a
satisfactory service to bidders, we kindly
ask you to make sure that we have
received your written conÞrmation of
telephone bids at least 24 hours before
the sale.
We also suggest that you leave a
covering bid which we can execute on
your behalf in the event we are unable
to reach you by telephone. Multi-lingual
sta! are available to execute bids for you.
Telephone bidding will be recorded
to ensure any misunderstanding over
bidding during the auctions.
Bidding Online
If you cannot attend
the auction, it is possible to bid directly
online. Online bids are made subject to
the BIDnow Conditions available on the
Sotheby’s website or upon request.The
BID now Conditions apply in relation
to online bids in addition to these
Conditions of Sale.
3. AT THE AUCTION
Conditions of Sale
The auction is
governed by the Conditions of Sale
printed in this catalogue.Anyone
considering bidding in the auction should
read the Conditions of Sale carefully.
They may be amended by way of notices
posted in the salesroom or by way of
announcement made by the auctioneer.
Access to the property during the sale
For security reasons, prospective bidders
will not be able to view the property
whilst the auction is taking place.
Auctioning
The auctioneer may
commence and advance the bidding
at levels he considers appropriate and
is entitled to place consecutive and
responsive bids on behalf of the seller
until the reserve price is achieved.
4. AFTER THE AUCTION
Results
If you would like to know the
result of any absentee bids which you
may have instructed us to execute on
your behalf, please telephone Sotheby’s
(France) S.A.S. on:
+33 (0)1 53 05 53 34
,
or by fax.
+33 (0)1 53 05 52 93
/52 94.
Payment
Payment is due immediately
after the sale andmay be made by the
following methods:
• Bank wire transfer in Euros
• Euro banker’s draft
• Euro cheque
• Credit cards (Visa, Mastercard,
American Express, CUP); Please note
that 40,000 EUR is the maximum
payment that can be accepted by
credit card.
• Cash in Euros: for private or
professionals to an equal or lower
amount of €1,000 per sale (but to an
amount of €15,000 for a non-French
resident for tax purposes who does not
operate as a professional). It remains
at the discretion of Sotheby’s to assess
the evidence of non-tax residence
as well as proof that the buyer is not
acting for professional purposes.
Cashiers and the Collection of Purchases
o|ce are open daily 10am to 12.30pm
and 2pm to 6pm.
It is Sotheby’s policy to request any new
clients or buyers preferring to make a
cash payment to provide proof of identity
(by providing some form of government
issued identiÞcation containing a
photograph, such as a passport, identity
card or driver’s licence) and conÞrmation
of permanent address. Thank you for
your co-operation.
Cheques and drafts should be made
payable to Sotheby’s.Although personal
and company cheques drawn up in Euro
on French bank as by a foreign bank are
accepted, you are advised that property
will not be released before the Þnal
collection of the cheque, collection that
can take several days, or even several
weeks as for foreign cheque (credit after
collection). On the other hand, the lot will
be issued immediately if you have a pre-
arranged Cheque Acceptance Facility.
Bank transfers should be made to:
HSBC Paris St Augustin
3, rue La Boétie
75008 Paris
Name : Sotheby’s (France) S.A.S.
Account Number : 30056 00050
00502497340 26
IBAN:FR7630056
000500050249734026
Swift Code : CCFRFRPP
Please include your name, Sotheby’s
account number and invoice number
with your instructions to your bank.
Please note that we reserve the right to
decline payments received from anyone
other than the buyer of record and
that clearance of such payments will
be required. Please contact our Client
Accounts Department if you have any
questions concerning clearance.
No administrative fee is charged for
payment by Mastercard and Visa.
We reserve the right to seek identiÞcation
of the source of funds received.
Collection of Purchases
Purchases
can only be collected after payment
in full in cleared funds has been made
and appropriate identiÞcation has been
provided.
All property will be available during, or
after each session of sale on presentation
of the paid invoice with the release
authorisation from the Client Accounts
O|ce.
Should lots sold at auction not be
collected by the buyer immediately after
the auction, those lots will, after 30 days
following the auction sale (including the
date of the sale), be stored at the buyer’s
risk and expense and then transferred to
a storage facility designated by Sotheby’s
at the buyer’s risk and expense.
All charges due to the storage facility
shall be met in full by the buyer before
collection of the property by the buyer.
Insurance
Sotheby’s accepts liability for
loss or damage to lots for a maximum
period of 30 (thirty) calendar days after
the date of the auction (including the
date of the auction).After that period,
the purchased lots are at the Buyer’s sole
responsibility for insurance.
Export of cultural goods
The export of
any property from France or import into
any other country may be subject to one
or more export or import licences being
granted.
It is the buyer’s responsibility to obtain
any relevant export or import licence.
Buyers are reminded that property
purchasedmust be paid for immediately
after the auction.
The denial of any export or import
licence required or any delay in
obtaining such licence cannot justify the
cancellation of the sale or any delay in
making payment of the total amount due.
Sold property will only be delivered to
the buyer or sent to the buyer at their
expense, following his/her written
instructions, once the export formalities
are complete.
Sotheby’s, upon request, may apply
for a licence to export your property
outside France (a“Passport”).An EU
Licence is necessary to export from the
European Union cultural goods subject
to the EU Regulation on the export of
cultural property (EEC No. 3911/92,
O|cial Journal No. L395 of 31/12/92).
A French Passport is necessary to
move from France to another Member
State of the EU cultural goods valued at
or above the relevant French Passport
threshold.
A French Passport may also be
necessary to export outside the
European Union cultural goods valued
at or above the relevant French Passport
limit but below the EU Licence limit.
The following is a selection of some
of the categories and a summary of the
limits above which either an EU licence or
a French Passport is required:
• Watercolours, gouaches and pastels
more than 50 years old €30,000
• Drawings more than 50 years old
€15,000
• Pictures and paintings in any medium
on any material more than 50 years old
(other than watercolours, gouaches
and pastels above mentioned)
€150,000
• Original sculpture or statuary and
copies produced by the same process
as the original more than 50 years old
€50,000
• Books more than 100 years old singly
or in collection €50,000
• Means of transport more than 75 years
old €50,000
• Original prints, engravings, serigraphs
and lithographs with their respective
plates and original posters €15,000
• Photographs, Þlms and negatives there
of €15,000
• Printed Maps more than 100 years old
€15,000
• Incunabula andmanuscripts including
maps andmusical scores single or in
collections irrespective of value
• Archaeological items more than 100
years old irrespective of value
• Dismemberedmonuments more than
100 years old irrespective of value
• Archives more than 50 years old
irrespective of value
• Any other antique items , including
jewels, more than 50 years old
€50,000
Please note that French regulation
n°2004-709 dated 16th July 2004
modifying French regulation n°93-124
dated 29th January 1993, indicates that
«for the delivery of the French passport,
the appendix of the regulation foresees
that for some categories, thresholds will
be di!erent depending where the goods
will be sent to, outside or inside the EU».
We recommend that you keep any
document relating to the import and
export of property, including any licences,
as these documents may be required by
the relevant authority.
Please note that when applying for
a certiÞcate of free circulation for the
property, the authority issuing such
certiÞcate may express its intention
to acquire the property within the
conditions provided by law.
Sales and Use Taxes
Buyers should note
that local sales taxes or use taxes may
become payable upon import of items
following purchase (for example, use tax
may be due when purchased items are
imported into certain states in the US).
Buyers should obtain their own advice in
this regard.
In the event that Sotheby’s ships
items for a purchaser in this sale to a
destination within a US state in which
Sotheby’s is registered to collect sales
tax, Sotheby’s is obliged to collect and
remit the respective state’s sales /
use tax in e!ect on the total purchase
price (including hammer price, buyer’s
premium, shipping costs and insurance)
of such items, regardless of the country
in which the purchaser resides or is a
citizen.
Where the purchaser has provided
Sotheby’s with a valid Resale Exemption
CertiÞcate prior to the release of the
property, sales / use tax will not be
charged. Clients who wish to provide
resale or exemption documentation for
their purchases should contact Post Sale
Services.
Clients who wish to have their
purchased lots shipped to the US by
Sotheby’s are advised to contact the Post
Sale Manager listed in the front of this
catalogue before arranging shipping.
Endangered Species
Items made
of or incorporating plant or animal
material such as coral, crocodile,
ivory, whalebone, tortoiseshell, etc.,
irrespective of age or value, require a
speciÞc licence from the French Ministry
of the Environment prior to leaving
France. Please note that the ability to
obtain an export licence or certiÞcate