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75

Purchased lots will become available only after full payment has been

made. The sale will be conducted in Euros. In addition to the hammer

price, the buyer agrees to pay a buyer’s premium along with any applicable

value added tax. The buyer’s premium is 23 % + VAT amounting to

27,6 % and for the books 23% + VAT amouting to 24,27% for all bids.

NB :

+ Auction by order of the court further to a prescription of the court,

buyers fees 14,40% VTA included.

° Lots on which the auction house or its partners have a nancial

interest

* Lots in temporary importation and subject to a 5,5 % fee in addition

to the regular buyer’s fees stated earlier..

# An appointment is required to see the piece

~ This lot contains animal materials. Import restrictions are to be

expected and must be considered.

Appendices I and II of the Convention on International Trade in

Endangered Species of Wild Fauna and Flora (CITES) have been

transcribed in Annexes A and B in the European Union (EU). The

objects and specimens in this auction are of the species listed in

Annexes I/A, II/A and II/B, as indicated in both the catalog and at

the pre-auction exhibition, and predate 1947.

They can be sold with references to the regulation’s derogatory

case Council Regulation (EC) 338/97 of 09 December 1996.

These lots can move freely within the European Union subject

to proof of legal provenance, which is provided by the auction’s

purchase slip and catalogue.

Species not listed in these Appendices and not protected by

French Environment Law can move freely within the EU.

It is important to note that the possession of the documents

required by CITES for species listed in Annex I/ A, II/ A, or II/ B

legally enables their trade and transport within the EU. It does

not, however, authorize their introduction to countries outside this

territory.

In the latter instance, an export permit must be requested and

obtained from the geographically relevant CITES Department. Be

informed that the EU can refuse to grant export permission and

cannot in any circumstance guarantee the issue of import-export

permits in cases involving non-EU countries.

It is the personal responsibility of the buyer to oversee all aspects

concerning the import-export process.

The auction purchase slip and catalog must be kept.

GUARANTEES

The SAS Claude Aguttes is bound by the indications stated in the catalogue,

modi ed only by announcements made at the time of the sale noted in the legal

records thereof.

Attributions were made according to scienti c and artistic knowledge at the time

of the auction.

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

dimensions are given only as an indication.

The condition of the works is not speci ed in the catalogue, buyers are required

to study them personally. No requests will be accepted concerning restorations

once the hammer has fallen.

Any condition report requested from SAS Claude Aguttes and the expert before

the sale is provided as an indication only.

It shall by no means incur their liability may not constitute a basis for legal claim

after the sale. It cannot replace a personal examination of the work by the buyer

or his representative.

BIDS

The highest and nal bidder will be the purchaser.

Should the auctioneer recognise two simultaneous bids on one 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.

Important : Bidding is typically conducted in the auction house. However,

we may graciously accept telephone bids from potential buyers who have

made the request.

We bear no responsibility whatsoever in the case of uncompleted calls

made too late and/or technical dif culties with the telephone. We also

accept absentee bids submitted prior to the sale. We reserve the right to

accept or deny any requests for telephone or absentee bidding.

In carrying a bid, bidders assume their personal responsibility to pay the hammer

price as well as all buyer’s fees and taxes chargeable to the buyer. Unless a

written agreement established with Claude AGUTTES SAS, prerequisite to the

sale, mentioning that the bidder acts as a representative of a third party approved

by Claude AGUTTES SAS, the bidder is deemed to act in his or her own name.

We remind our sellers that bidding on their own items is forbidden.

COLLECTION OF PURCHASES

The lots not claimed on the day of the auction, can be retrieved at the Hôtel

des Ventes de Neuilly by appointment

You can contact Gabrielle Grollemund,

grollemund@aguttes.com

+ 33 1 41

92 06 41 in order to organize the collection.

Buyers are advised to collect successful lots as soon as possible to avoid

handling and storage costs which may be incurred at their expense.

The auctioneer is not responsible for the storage of purchased lots. If payment

is made by wire transfer, lots may not be withdrawn until the payment has been

cleared, foreign cheques are not accepted.

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,

L’Hôtel des Ventes de Neuilly assumes no liability for any damage to items which

may occur after the hammer falls.

The purchased lots will be delivred to the buyer in person. Should the buyer

wish to have his/her lot delivered to a third party the person must have a letter of

authorization along with a photocopy of the identity card of the buyer.

Export formalities can take 2 or 3 months to process and are within buyer’s

province. Please contact the Hôtel des ventes de Neuilly if you need more

information concerning this particular matter.

PAYMENT

We recommend that buyers pay by credit card or electronic bank transfer.

In compliance with Article L.321-14 of French commercial law, a property sold

at auction can be delivered to the buyer only once the auction rm has received

payment or complete guarantee of payment.

Legally accepted means of payment include:

• Cash (article L.112-6, L.112-8 and Article Article L.112-8 paragraph 2 of the

Monetary and Financial Code)

· max. € 1,000

· max. €10,000 for private individuals who have their tax domicile abroad (upon

presentation of a valid passport)

• Payment on line (max 1500 €)

http://www.aguttes.com/paiement/index.jsp

• Electronic bank transfer

The exact amount of the invoice from the buyer’s account and indicating the

invoice number. (Note: Bank charges are the buyer’s responsibility.)

Banque de Neu ize, 3 avenue Hoche 75008

Titulaire du compte : Claude AGUTTES SAS

Code Banque 30788 – Code guichet 00900

N° compte 02058690002 – Clé RIB 23

IBAN FR76 3078 8009 0002 0586 9000 223 –

BIC NSMBFRPPXXX

• Credit cards (except American Express and distance payment)

• Cheque (if no other means of payment is possible)

· Upon presentation of two pieces of identi cation

· Important: Delivery is possible after 20 days

· Cheques will be deposited immediately. No delays will be accepted.

· Payment with foreign cheques will not be accepted.

LAW AND JURISDICTION

In accordance with the law, it is added that all actions in public liability instituted

on the occasion of valuation and of voluntary and court-ordered auction sales

are barred at the end of ve years from the hammer price or valuation. These

Conditions of purchase are governed by French law exclusively. Any dispute

relating to their existence, their validity and their binding effect on any bidder or

buyer shall be submitted to the exclusive jurisdiction of the Courts of France.

CONDITIONS OF SALE