Sales conditions
Any bidder acknowledges having read these general conditions below and
expressly accepting them.
They must identify themselves to Drouot Estimations prior to the sale in order
to be able to bid by telephone during the very sale. Requests for telephone bids
must be put in writing and accompanied by a valid identity document as well
as bank account details. Drouot Estimations will try to contact the bidder by
telephone during the sale but declines all responsibility if an error or omission
occurred in the course of this free service.
It is the buyer’s responsibility to check prior to his purchase whether the property
is subject to customs formalities for export or import to the chosen destination.
A refusal or a delay of an authorization necessary for the export or the import
could not justify a delay of payment of the total sale price including commission,
expenses, rights and applicable taxes, nor any cancellation or sale resolution by
the successful bidder.
If a certificate of free circulation has been issued or if an application is in
progress, this will be specified when the lot is presented for auction.
No tax-free invoice can be established without official proof of export.
Purchasers will pay in addition to the hammer price, a buyer’s premium of:
- 25% (VAT inc.).
- 1,2% (VAT inc.) DrouotLive.
In accordance with the law, DROUOT ESTIMATIONS is responsible for the
contents stated in the catalogue, subject to amendments announced by the
auctioneer during the sale when presenting the lot.
The dimensions are given on an indicative basis.
No complaint related to restorations, small accidents, and condition will be
accepted as the public exhibition allows a proper examination by the buyer.
Indications about the condition are available upon request to the auctioneer in
charge of the sale.
Absentee and phone bids
Auctioneers and experts execute, free of charge, absentee and phone bids, for
those who cannot attend the sale.
Anyone wishing to set up a phone bid will need to send a request by email,
attaching a copy of his ID and bank details, at the latest the day before the sale.
Experience reveals that communications are not always possible due to
technical problem or lack of reception, therefore a phone bid request assumes
that THE BUYER AGREES TO BID TO THE LOW ESTIMATE PLUS ONE MORE
BID in case the connection is lost for any reason.
Drouot Estimations cannot be responsible for failing to execute a bid.
To request an absentee or phone bid : bids@drouot.com
Payment
Any purchase will need to be paid during or right after the sale.
Should the buyer fail to pay the amount due by cash, cheque or credit card, the
lot may be re-offered for sale, under the French procedure known as “procedure
de folle enchère”, immediately or at the first opportunity with payment of the
difference by the first bidder, proceedings of the payment at the expense of the
bidder, cancellation of the sale without any fees.
Payment can be made in the following ways:
- By credit card in the saleroom: Visa or Mastercard
- By certified cheque or crossed cheque in euros, upon presentation of a valid
passport. In case of payment by non-certified cheque, the collection of purchase
may be postponed until the money has been received.
Collections will be postponed for any payment by cheque above € 1,000 until the
funds have been credited to our account.
- By bank transfer in euros:
BNP PARIBAS
PARIS LA CENTRALE
(00828)
IBAN : FR76 3000 4008 2800 0106 2854 076
Any buyer who wants to make a payment by bank transfer from a foreign
account must take in account additional fees from his bank remaining at his
own charge.
- In cash (decret of June 24, 2015) : up to € 1,000 (inc. premium) for French
citizens or professionals and up to € 15,000 (inc. premium) for foreign citizens
upon presentation of valid passport and evidence of residence abroad.
Collection and storage
For this sale, lots will be stored free of charge at Drouot Estimations during 15
days following the sale, after that
charges will apply.
Collection must be made at Drouot Estimations, 7 rue Drouot, 75009 Paris,
Monday to Friday 10am-1pm & 2-5pm.
Drouot Estimations will not send any sold item by mail and purchasers will need
to organize their own way of shipping.
If the buyer has no carrier, any request for shipping can be made directly to
Drouot Transport (01 48 00 22 49,
drouot-transport@drouot.com). Payment for the transport will need to be made
directly to Drouot Transport.
No purchase will be delivered without reception of full payment.
Bought lots remain entirely under the buyer’s responsibility as soon as the sale
has happened.
Notice
Drouot Estimations applies the technical regulations per the law, through the
decree n°2002-65 from January 14th 2002.
a) Drouot Estimations indicates altered stones by « traditional stone method »
the same way than the ones that haven’t been altered (Art. 3).
b) Drouot Estimations refers altered stones of a different way, by the name of
the stone, followed by the mention “treated” or by the indication of applied
treatment (Art. 2).
Stones that are not presented with a certificate or a laboratory report have been
estimated by Drouot Estimations considering the modifications of a).
Concerning the watches: restorations, modifications, technical features, serial
numbers, dimensions, weights are notified in so far as we are able.
These elements are given on an indicative basis only to make the inspection
easier for the potential buyer,and remain subject to his personal assessment.
The auctioneer’s and expert’s responsibilities cannot be questioned in case of
potential omissions despite the taken precautions.
Missing indications does not imply that a watch can be faultless.
No guarantee can be made on the conditions of watches and bracelets.
Revisions, adjustments, and waterproofness remain at the buyer’s charge.
The gold, platinum and silver mentions without additional information describe
the lots as per 750 thousandth for gold, 950 thousandth for platinum and 925
thousandth for silver.
* Objects presented containing less than 20% Elephantidae spp (I/A) ivory or
rhinocerotidae spp (I/A) horn, (I/A) processed, pre-Convention, prior to 2 March
1947 and therefore in accordance with EC Rule 338/97 of 09/12/1996 art.2-Wmc,
the French Orders of 16 August 2016 amended and 4 May 2017, are for sale freely.
For an exit from the European Union, a CITES re-export certificate will be
required, which is the responsibility of the future buyer. The issuance of such a
document is not automatic.
For a possible re-export, it will be up to the successful tenderer to obtain
information - prior to any purchase - from the customs authorities of the country
concerned, particularly in the case of the United States.
**On the other hand, objects presented containing more than 20% Elephantidae
spp (I/A) ivory or rhinocerotidae spp (I/A) horn, (I/A) processed, pre-Convention,
prior to 2 March 1947 and therefore in accordance with EC Regulation 338/97
of 09/12/1996 art.2-Wmc, and prior to 1 July 1975 and therefore in accordance
with the French decrees of 16 August 2016 amended and 4 May 2017, may be
marketed after declaration and obtaining a D permit.
To this end, the person awarded for having bid by any means whatsoever for
a lot containing more than 20% elephant ivory (elephantidae spp.) or rhino
horn (rhinocerotidae spp.), and manufactured before 3 March 1947, authorises
Drouot Estimations to make the necessary purchase declaration on his behalf to
the competent administration in accordance with Article 2bis of the amended
decree of 16 August 2016.
The successful tenderer, required to make a declaration, undertakes to provide
Drouot Estimations without delay with all the information necessary for this
purpose and to do all the due diligence that would be required of him by Drouot
Estimations to do so.
The successful tenderer alone shall be required to carry out all other
due diligence resulting from the particular nature of such a lot under his
responsibility. In particular, it is up to him to take the steps required by his
possible resale or export.
For an exit from the European Union, a CITES re-export certificate will be
required, which is the responsibility of the future buyer. The issuance of such a
document is not automatic.
For a possible re-export, it will be up to the successful tenderer to obtain
information - prior to any purchase - from the customs authorities of the country
concerned, particularly in the case of the United States.
OBLIGATION: For the delivery of the lot, the successful tenderer must present
his identity document and provide his contact details.
*** Coral specimen complying with the Regulations CE 338-97 art. 2.w.mc of
December 9th 1996. Prior to June 1, 1947.
Prospective purchasers of or incorporating endangered and other protected
species of wildlife such as, ivory, and certain species of coral, are advised that
several countries require a permit (e.g., a CITES permit) from the relevant
regulatory agencies in the countries of exportation as well as importation.
Accordingly, clients should familiarize themselves with the relevant customs laws
and regulations prior to bidding on any property with wildlife material if they
intend to import the property into another country, specicially if it is the United
States of America.
° Pre-Convention Chelonioidea spp (I/A) sea turtle shell specimen, prior to July
1, 1947 and therefore in accordance with EC Regulation 338/97 of 09/12/1996
art.2-Wmc.
