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TAJAN-66

ESTAMPES ET LIVRES ILLUSTRÉS

GENERAL TERMS AND CONDITIONS OF SALE

TAJAN is an auction house specialised in moveable property

governed by French Act no. 2000-642 of July 10

th

2000 and

n° 2011-850 of July 20

th

2011.

TAJAN acts as the seller’s agent. The auctioneer is not a party to

the sale agreement, which is solely binding on the seller and the

successful bidder

GENERAL TERMS

These general terms and conditions of sale, the sale and all matters

relating thereto are governed by French law ; the sellers, buyers and

their agents accept that the courts of Paris (France) alone shall have

jurisdiction over any legal action.

These general terms and conditions are independent.

Purchases must be made in cash and prices are stated in euros (€).

WARRANTIES

The seller warrants to TAJAN and to the buyer that he/she is the

undisputed owner of the items offered for sale or that he/she has

been authorised by the undisputed owner, that the said items are

not encumbered by any claim, dispute, attachment, reservation or

pledge and that he/she can legally transfer ownership of these items.

The information included in the catalogue is prepared by TAJAN

with the assistance of the Expert, if necessary, with the care required

for public auctions, subject to the notices, declarations and

amendments announced upon presentation of the item and noted

in the record of sale. This information, including the dimensions set

out in the catalogue, is provided to help the potential buyer inspect

items and must be assessed personally by him/her.

Some lots which appear on photographies may have been enlarged.

Gemstones and pearls, particularly the ones which are presented in

the catalogue may have been subject to some improvement (oiling

for emeralds, hot treatment for sapphires, and rubies, whiteness

for pearls). These improvements are judged as traditional and are

admitted by international gems and pearls trade.

If no information on restoration, an accident, retouching or any

other incident is provided in the catalogue, the condition reports

or labels or during a verbal announcement, this does not mean that

the item is void of defects. Frames condition is not guaranteed.

Gemstones without certificate are sold without guarantee regarding

possible treatment.

Prospective buyers may ask the jewellery department certificates

for any uncertified item two weeks prior to the sales. This certificate

is subject to prepayment by the requesting party. TAJAN thus has

the right to change the estimate to a gemstone in correspondence

with the information held in the certificate. The origin of stones and

qualities reflect the opinion of the laboratory issuing the report. It shall

not be permitted claim if another laboratory emits a different opinion

and does not engage the responsability of TAJAN and its experts.

Inasmuch as buyers are given the opportunity to examine works

displayed prior to the sale, no claim may be made after the sale is

complete.

Buyers may obtain a condition report on items included in the

catalogue that are estimated at more than €1000 upon request. The

information contained on such reports is provided free of charge

and solely to serve as an indication. It shall by no means incur the

liability of TAJAN.

There is no guarantee on whether or not the watches work. Please

note that most of the water resistant watches were opened in order

to verify the type and quality of movement. Thus, we recommend

that you consult a watchmaker before using the watches around

water.

Please take due note that some original parts of a watch do not

exist anymore. Some watches can not be repaired.

Henceforth, concerning the watches sold “as they stand”, TAJAN

cannot guarantee the buyer the possibility of their restorations by

the watch brand. In this special case, no complaint will be admitted,

even in the case of a repair invoice presented by the buyer from the

watch brand stating that the item cannot be repaired.

In the event of a dispute concerning inter alia the authenticity

or origin of items sold, TAJAN is bound by a best endeavours

obligation ; its liability may only be incurred if evidence is provided

that it committed a wrongdoing.

ESTIMATES AND RESERVE PRICES

The estimated sale price appears beside each lot included in the

catalogue. It does not include the buyer’s premium or VAT.

The reserve price is the minimum confidential price agreed with the

seller. If the reserve price is not met, the item will not be sold. The

reserve price may not exceed the lowest estimate set out in the

catalogue or announced publicly by the accredited auctioneer and

noted in the auction house’s files.

If no reserve price is set, TAJAN shall not incur any liability vis-à-vis

the seller if the item concerned is sold at a price lower than the

lowest estimate published in the sale catalogue.

ABSENTEE BID FORMS AND TELEPHONE BIDS

Absentee bid forms may be submitted using the special form

provided at the end of the catalogue.

This form must be sent to TAJAN no later than two working days

before the sale, together with a bank account identification slip

(“RIB”) and a copy of the bidder’s proof of identity. For significant

purchases, a buyer may be asked to provide a bank letter of credit.

If several absentee bid forms are submitted for the same item, the

first order received will take priority.

Telephone bids may be placed by clients who cannot attend the

auction. To this end, the client must return the above-mentioned

form to TAJAN under the same conditions. Telephone bidding can

only be arranged for lots with sale estimates over €400.

As there are only a limited number of telephone lines, the necessary

arrangements must be made at least two working days before the

auction.

In both cases, this is a service graciously provided free of charge to

the client. TAJAN, its employees, agents and representatives shall

not incur any liability in the event of an error or omission in the

execution of orders received or the non execution of orders.

BIDS

To bid in person, you will need to register for and collect a

numbered paddle before the auction begins. We encourage new

clients to register at least 48 hours in advance. You will be asked

for a proof of identity (bring a driving licence, a national identity

card or a passport), for your address, telephone number and

signature in order to create your account if you are a first time

bidder. In addition, you may be asked to provide bank references.

All individuals who register with Tajan shall have the right to access

and rectify the personal data they provide to Tajan in accordance

with the French Data Protection Act of 6 January 1978, as amended

by the Act of 6 August 2004.

Informations collected on the registration form is required to

participate in an auction and process the auction sale. You may

exercise your right to access, rectify or oppose subsequent

processing of your personal data, by submitting a written request

to TAJAN along with a copy of your photo id.

Auctions will be carried out following the order of the lot numbers

as they appear in the catalogue. Tajan is free to set the increment of

each bid and all bidders must adhere to this process. The highest

and last bidder will be the successful bidder.

In the event of a dispute during the bidding process, that is, if two

or more bidders simultaneously place the same bid, either orally or

by a signal, and each claim the item concerned when the auctioneer

has declared the item “sold”, the said item will be re-auctioned

immediately at the price offered by the bidders and all those

present may take part in this second auction.