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• Euro banker’s draft
• Euro cheque
• Credit cards (Visa, Mastercard,
American Express, CUP)
• Cash in Euros : for private or professionals to an
equal or lower amount of €3,000 per sale (but to
an amount of €15,000 for a non French resident
for tax purposes who does not operate as a pro-
fessional). 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 profes-
sional purposes.
Cashiers and the Collection of Purchases office are
open daily 10 am to 12.30 pm and 2 pm to 6 pm.
It is Sotheby’s policy to request any new clients
or buyers preferring tomake a cash payment to pro-
vide proof of identity (by providing some form of
government issued identification containing a pho-
tograph, such as a passport, identity card or driver’s
licence) and confirmation of permanent address.
Thank you for your co-operation.
Cheques and drafts should bemade 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 final collec-
tion 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 immedi-
ately if you have a pre-arranged Cheque Accept-
ance 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 : FR 76 30056 00050 00502497340 26
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 identification 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 identification has been
provided.
All property will be available during, or after
each session of sale on presentation of the paid in-
voice with the release authorisation from the Client
Accounts Office.
Uncollected property will be stored at the
buyer’s risk and expense and then transferred to a
storage facility designated by Sotheby’s at the
buyer’s expense, the storage in the storage facility
designated by Sotheby’s shall be 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
Once the hammer falls, buyers are
solely responsible for taking out insurance to cover
their purchases. Sotheby’s does not assume any lia-
bility for loss or damage to items which may occur
after the hammer falls.
Export of cultural goods
The export of any
property fromFrance or import into any other coun-
try may be subject to one or more export or import
licences being granted.
It is the buyer’s responsibility to obtain any rele-
vant export or import licence.
Buyers are reminded that property purchased
must be paid for immediately after the auction.
The denial of any export or import licence re-
quired 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 formal-
ities are complete.
Sotheby’s, upon request, may apply for a licence
to export your property outside France (a “Pass-
port”). 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, Official 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 Pass-
port threshold.
AFrench Passport may also be necessary to ex-
port outside the EuropeanUnion cultural goods val-
ued at or above the relevant French Passport limit
but below the EU Licence limit.
The following is a selection of some of the cat-
egories and a summary of the limits above which ei-
ther 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 mediumon any mate-
rial 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 collec-
tion
€50,000
Means of transport more than 75 years old
€50,000
Original prints, engravings, serigraphs and litho-
graphs with their respective plates and original
posters
€15,000
Photographs, films and negatives there of €15,000
Printed Maps more than 100 years old €15,000
Incunabula and manuscripts including maps and
musical 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 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 appen-
dix of the regulation foresees that for some cate-
gories, thresholds will be different 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, includ-
ing any licences, as these documents may be re-
quired by the relevant authority.
Please note that when applying for a certificate of
free circulation for the property, the authority issuing
such certificate may express its intention to acquire
the property within the conditions provided by law.
Endangered Species
Items made of or incorpo-
rating animal material such as ivory; whalebone; tor-
toiseshell etc., irrespective of age or value, require a
specific licence from the French Department of the
Environment prior to leaving France. We suggest
that buyers also check with their own relevant gov-
ernment department regarding the importation of
such items.
Pre-emption right
The French state retains a pre-
emption right on certain works of art and archives
which may be exercised during the auction. In case
of confirmation of the pre-emption right within fif-
teen (15) days from the date of the sale, the French
state shall be subrogated in the buyer’s position.
Considered as works of art, for purposes of pre-
emption rights are the following categories:
1) Archaeological objects more than 100 years old
found during land based and underwater
searches of archaeological sites and collections;
2) Pieces of decoration issuing fromdismembered
buildings;
3) Watercolours, gouaches and pastels, drawings,
collages, prints, posters and their frames;
4) Photographs, films and negatives thereof irre-
spective of the number;
5) Films and audio-visual works;
6) Original sculptures or statuary or copies ob-
tained by the same process and castings which
were produced under the artists or legal de-
scendants control and limited in number to less
than eight copies, plus four numbered copies
by the artists;
7) Contemporary works of art not included in the
abovecategories 3) to 6);
8) Furniture and decorative works of art;
9) Incunabula and manuscripts, books and other
printed documents;
10) Collections and specimens from zoological,
botanical, mineralogy, anatomy collections ; col-
lections and objects presenting a historical, pa-
leontologic, ethnographic or numismatic
interest;
11) Means of transport;
12) Any other antique objects not included in the
abovecategories 1) to 11)
EXPLANATION OF SYMBOLS
The following key explains the symbols youmay see
inside this catalogue.
No Reserve
Unless indicated by a box (
), all lots in this cata-
logue are offered subject to a reserve. A reserve is
the confidential hammer price established between
Sotheby’s and the seller and below which a lot will
not be sold. The reserve is generally set at a per-
centage of the low estimate and will not exceed the
low estimate for the lot as set out in the catalogue or
as announced by the auctioneer. If any lots in the
catalogue are offered without a reserve, these lots
are indicated by a box (
). If all lots in the catalogue
are offered without a reserve, a Special Notice will
be included to this effect and the box symbol will
not be used.
Guaranteed Property
The seller of lots with this symbol has been guar-
anteed a minimum price from one auction or a se-
ries of auctions. This guarantee may be provided
by Sotheby’s, by a third party or jointly by Sotheby’s
and a third party. Third parties providing all or part
of a guarantee benefit financially if a guaranteed
lot is sold successfully and may incur a loss if the
sale is not successful. If every lot in a catalogue is
guaranteed, the Important Notices in the sale
catalogue will so state and this symbol will not be
used for each lot.
Property in which Sotheby’s has an Ownership
Interest
Lots with this symbol indicate that Sotheby’s owns
the lot in whole or in part or has an economic inter-
est in the lot equivalent to an ownership interest.
Irrevocable Bids
Lots with this symbol indicate that a party has pro-
vided Sotheby’s with an irrevocable bid on the lot
that will be executed during the sale. The irrevoca-
ble bidder, who may bid in excess of the irrevocable
bid, will be compensated based on the final ham-
mer price in the event he or she is not the success-
ful bidder. If the irrevocable bidder is the successful
bidder, he or she will be required to pay the full
Buyer’s Premiumand will not be otherwise compen-
sated. If the irrevocable bid is not secured until after
the printing of the auction catalogue, a pre-lot an-
nouncement will bemade indicating that there is an
irrevocable bid on the lot.
Restricted Material
Lots with this symbol have been identified at the
time of cataloguing as containing organic material
which may be subject to restrictions regarding im-
port or export. The information is made available for
the convenience of Buyers and the absence of the
Symbol is not a warranty that there are no restric-
tions regarding import or export of the Lot.
VAT
Items sold to buyers whose address is in the EUwill
be assumed to be remaining in the EU. The prop-
erty will be invoiced as if it had no VAT symbol (see
‘Property with no VAT symbol’ above). However,
if the property is to be exported from the EU,
Sotheby’s will re-invoice the property under the
normal VAT rules (see ‘Property sold with a
sym-
bol’ above) as requested by the seller.
Items sold to buyers whose address is outside
the EU will be assumed to be exported from the
EU. The property will be invoiced under the nor-
mal VAT rules (see ‘Property sold with a
symbol’
above). Although the hammer price will be subject
to VAT this will be cancelled or refunded upon ex-
port - see ‘Exports from the European Union’.
However, buyers who are not intending to export
their property from the EU should notify our Client
Accounts Department on the day of the sale and
the property will be re-invoiced showing no VAT
on the hammer price (see ‘Property sold with no
VAT symbol’ above).
CONDITIONS GENERALES DE
VENTE
A complete translation in English of our Conditions
of Business is available on
sothebys.com
or on re-
quest +33 1 53 05 53 05
ARTICLE I : GÉNÉRALITÉS
Les présentes Conditions Générales de Vente, aux-
quelles s’ajoutent les conditions relatives aux
enchères en ligne en direct via le système BIDnow
accessibles sur le site internet de Sotheby’s ou
disponibles sur demande (dites « Conditions BID-
now »), régissent les relations entre, d’une part, la so-
ciété Sotheby’s France S.A.S (« Sotheby’s ») agissant
en tant quemandataire du (des) vendeur(s) dans le
cadre de son activité de vente de biens aux enchères
publiques ainsi que de son activité de vente de gré
à gré des biens non adjugés en vente publique, et,
d’autre part, les acheteurs, les enchérisseurs et leurs
mandataires et ayants-droit respectifs.
Dans le cadre des ventes mentionnées au para-
graphe précédent, Sotheby's agit en qualité de
mandataire du vendeur, le contrat de vente étant
conclu entre le vendeur et l’acheteur.
Les présentes Conditions Générales de Vente,
les Conditions BIDnow pour les enchères en ligne et
toutes les notifications, descriptions, déclarations et
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