should read them 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 lots during the sale For security reasons, prospective bidders will not be able to view the lots 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 vendor 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 place on your behalf, please contact: - tél. 00 33 (0)1 64 22 27 62 Fax 00 33 (0)1 64 22 38 94 or: www.osenat.com Payment Payment is due immediatly after the sale and may be made by the following method: · checks in euro · cash within the following limits: · 1.000 euros for trade clients · 1.000 euros for French private clients · 15.000 euros for foreign tax nationals (non trade) - credit cards VIsa and MasteRCaRD - Bank transfers should be made to:
Collection of Purchases – Storage fees Purchases can only be collected after payment infull in cleared funds has been made to Osenat. Purchased lots will become available only afterpayment infull has been made. storage fees will be charged by to purchasers who have not collected their items within 15 days from the sale as follows : · 10 € per day for furniture · 5 € per day for object or paintings export Buyers should always check whether an export licence is required before exporting. It is the buyer’s sole responsibility to obtain any relevant export or import licence. The denial of any licence or any delay in obtaining licences shall neither justify the rescission of any sale nor any delay in making full payment for the lot. can advise buyers on the detailed provisions of the export licensing regulations and will submitt any necessary export licence applications on request. However, cannot ensure that a licence will be obtained. Local laws may prohibit of some property and/or may prohibit the resale of some property in the country of importation. as an illustration only, we set out below a selection of the categories of works or art, together with the value thresholds above for which a French «certificat pour un bien culturel» (also known as «passport») may be required so that the lot can leave the French territory; the thresholds indicated in brakets is the one required for an export licence application outside the eU, when the latter differs from the national threshold. · Pictures entirely made by hand on any support and of any material, of more than 50 years of age → euros 150,000 · Furniture and objects, carpets, tapestries, clocks of more than 50 years of age → euros 50,000 · Watercolors, gouaches and pastels of more than 50 years of age → euros 30,000 · Original sculptures and copies of more than 50 years of age → euros 50,000 · Books of more than 100 years of age → euros 50,000 · Vehicules of more than 75 years of age → euros 50,000 · Drawings of more than 50 years of age → euros 15,000 · Prints, lithographs and posters of more than 50 years of age → euros 15,000 · Photographs, films and negatives of more than 50 years of age → euros 15,000 · Printed maps of more than 100 years of age → euros 15,000 · Incunabula and manuscripts (eU whatever the value is) → euros 1,500 · archaeology pieces of more than 100 years of age, originating directly from excavations(1)
(1) application for licence for these categories is subject to the nature of the item.
· archaeology pieces of more than 100 years of age, not originating directly from excavations → euros 1,500 · Parts of Historical, Religious or architectural monuments of more than 100 years of age(1) · archives of more than 50 years of age (eU whatever the value is) → euros 300
Preemption right The French state retains a preemption right on certain works of art and archives which may be exercised during the auction. In case of confirmatio