286 / 292
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 inmaking 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 (EECNo.3911/92,O cialJournal
No.L395 of 31/12/92).
AFrench Passport is necessary tomove
fromFrance to another Member State of
the EU cultural goods valued at or above
the relevant French Passport threshold.
AFrench 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
• Drawingsmore than 50 years old
€15,000
• Pictures and paintings in anymedium
on anymaterial more than 50 years old
(other than watercolours,gouaches and
pastels abovementioned) €150,000
• Original sculpture or statuary and copies
produced by the same process as the
original more than 50 years old €50,000
• Booksmore 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,`lms and negatives there
of €15,000
• PrintedMapsmore than 100 years old
€15,000
• Incunabula andmanuscripts including
maps andmusical scores single or in
collections irrespective of value
• Archaeological itemsmore than 100
years old irrespective of value
• Dismemberedmonumentsmore than
100 years old irrespective of value
• Archivesmore than 50 years old
irrespective of value
• Any other antique itemsmore than 50
years old €50,000
Please note that French regulation n°2004-
709 dated 16thJuly 2004modifying
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 documentsmay be required by the
relevant authority.
Please note that when applying for
a certi`cate of free circulation for the
property,the authority issuing such
certi`catemay express its intention to
acquire the property within the conditions
provided by law.
Endangered Species
Itemsmade of
or incorporating animal material such
as ivory; whalebone; tortoiseshell etc.,
irrespective of age or value,require
a speci`c licence from the French
Department of the Environment prior to
leaving France.We suggest that buyers also
check with their own relevant government
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 whichmay be exercised
during the auction. In case of con`rmation
of the pre-emption right within `fteen (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 objectsmore than 100
years old found during land based and
underwater searches of archaeological
sites and collections;
(2) Pieces of decoration issuing from
dismembered buildings;
(3)Watercolours,gouaches and pastels,
drawings,collages,prints,posters and their
frames;
(4) Photographs,`lms and negatives
thereof irrespective of the number;
(5) Films and audio-visual works;
(6) Original sculptures or statuary or
copies obtained by the same process and
castings which were produced under the
artists or legal descendants 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 andmanuscripts,books
and other printed documents;
(10) Collections and specimens from
zoological,botanical,mineralogy,anatomy
collections ; collections and objects
presenting a historical,paleontologic,
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 you
may see inside this catalogue.
႒
No Reserve
Unless indicated by a box (
႒
),all lots in this
catalogue are o(ered subject to a reserve.
Areserve is the con`dential hammer
price established between Sotheby’s and
the seller and belowwhich a lot will not
be sold.The reserve is generally set at a
percentage 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 o(ered without a reserve,these lots
are indicated by a box (
႒
). If all lots in the
catalogue are o(ered without a reserve,a
Special Notice will be included to this e(ect
and the box symbol will not be used.
Ⴜ
Guaranteed Property
The seller of lots with this symbol has
been guaranteed aminimumprice from
one auction or a series of auctions.This
guaranteemay be provided by Sotheby’s
or jointly by Sotheby’s and a third party.
Sotheby’s and any third parties providing
a guarantee jointly with Sotheby’s bene`t
`nancially if a guaranteed lot is sold
successfully andmay 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.
Ⴄ
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 interest in the lot
equivalent to an ownership interest.
Irrevocable Bids
Lots with this symbol indicate that a party
has provided Sotheby’s with an irrevocable
bid on the lot that will be executed during
the sale.The irrevocable bidder,whomay
bid in excess of the irrevocable bid,will be
compensated based on the `nal hammer
price in the event he or she is not the
successful bidder. If the irrevocable bidder
is the successful bidder,he or she will be
required to pay the full Buyer’s Premium
and will not be otherwise compensated. If
the irrevocable bid is not secured until after
the printing of the auction catalogue,a pre-
lot announcement will bemade indicating
that there is an irrevocable bid on the lot.
Ⴚ
Restricted Material
Lots with this symbol have been identi`ed
at the time of cataloguing as containing
organicmaterial whichmay be subject to
restrictions regarding import or export.
The information ismade available for the
convenience of Buyers and the absence of
the Symbol is not a warranty that there are
no restrictions regarding import or export
of the Lot.
PropertySubjecttotheArtist’sResaleRight
Purchase of lotsmarked with this symbol
˞
VAT
Items sold to buyers whose address is in
the EUwill be assumed to be remaining
in the EU. The property will be invoiced
as if it had noVATsymbol (see‘Property
with noVATsymbol’above). However, if
the property is to be exported from the
EU,Sotheby’s will re-invoice the property
under the normalVATrules (see‘Property
sold with a
ಳ
symbol’above) as requested
by the seller.
Items sold to buyers whose address
is outside the EUwill be assumed to be
exported from the EU. The property will be
invoiced under the normalVATrules (see
‘Property sold with a
ಳ
symbol’above).
Although the hammer price will be subject
toVATthis will be cancelled or refunded
upon export - see‘Exports from the
European Union’. However,buyers who are
not intending to export their property from
the EU should notify our ClientAccounts
Department on the day of the sale and the
property will be re-invoiced showing noVAT
on the hammer price (see‘Property sold
with noVATsymbol’above).
CONDITIONS GENERALES
DE VENTE
Acomplete translation in English of
our Conditions of Business is available
on sothebys.comor on request
+33 (0)1 53 05 53 05
Article I : Généralités
Les présentes Conditions Générales de
Vente,auxquelles 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
BIDnow »),régissent les relations entre,
d’une part, la société Sotheby’s France
S.A.S (« Sotheby’s ») agissant en tant que
mandataire 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 ventesmentionnées
au paragraphe précédent,Sotheby’s agit
en qualité demandataire du vendeur, le
contrat de vente étant conclu entre le
vendeur et l’acheteur.
Les présentes Conditions Générales
deVente, les Conditions BIDnow pour
les enchères en ligne et toutes les
noti`cations,descriptions,déclarations
et autres concernant un bien quelconque,
qui `gurent dans le catalogue de la
vente ou qui sont a chées dans la
salle de vente,sont susceptibles d’être
modi`ées par toute déclaration faite par le
commissaire-priseur de ventes volontaires
préalablement à lamise aux enchères du
bien concerné.
Le « groupe Sotheby’s » comprend la
société Sotheby’s dont le siège est situé
aux Etats-Unis d’Amérique,toutes les
entités contrôlées par celle-ci au sens de
l’article L.233-3 du Code de Commerce
(y compris Sotheby’s) ainsi que la société
Sotheby’s Diamonds et toutes les entités
contrôlées par elle au sens de l’article L.
233-3 du Code de Commerce.
Le fait de participer à la vente vaut
acceptation des présentes Conditions
Générales deVente,des Conditions
BIDnow pour les enchères en ligne et des
Informations auxAcheteurs.
AVANT LA VENTE
Article II : Obligations du vendeur
– déclarations et garanties
Le vendeur garantit à Sotheby’s et à
l’acheteur :
(i) qu’il a la pleine propriété non contestée,
ou qu’il est dûment mandaté par la
personne ayant la pleine propriété non
contestée des biensmis en vente, lesquels
sont libres de toutes réclamations,
contestations,saisies,réserves de
propriété,droits,charges,garanties ou
nantissements quelconques de la part
de tiers,et qu’il peut ainsi valablement
transférer la propriété pleine et entière
desdits biens ;