447
GERHARD RICHTER (b. 1932) ORCHID signed an...
Currency:USD
Category:Everything Else / Other
Start Price:9,000.00 USD
Auction Date:2004 Jun 10 @ 11:00 (UTC-5 : EST/CDT)
Location:United States
GERHARD RICHTER
(b. 1932)
ORCHID
signed and dated lower right
offset lithograph with ink
11 1/8 x 14 in. (27.9 x 35.6 cm)
executed in 1998
this work is from an edition of 24
ESTIMATE: $18,000-25,000
PROVENANCE
Private collection
Auction Location:
United States
Additional Fees:
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Conditions of sale applicable to buyers
1 BUYERS PREMIUM WILL BE CHARGED AT 15% ON THE FIRST CHF 70,000 OF THE HAMMER PRICE OF EACH LOT, AND AT 10% THEREAFTER. FOR LOTS MARKED WITH THE SYMBOL () IN THE CATALOGUE, THE BUYER HAS TO PAY SWISS VALUE ADDED TAX (VAT) AT 7.6% ONLY ON THE BUYERS PREMIUM, NOT ON THE HAMMER PRICE. FOR LOTS WITHOUT THE SYMBOL (), VAT OF 7.6% IS APPLICABLE ON THE HAMMER PRICE AND THE BUYERS PREMIUM. This VAT is refundable to non-Swiss resident buyers who, within 30 days following the sale, present to PHILLIPS, de PURY & LUXEMBOURG LIMITED (hereinafter PHILLIPS) the export declaration, duly stamped by Swiss customs, proving that the goods have left Switzerland. Non-stamped declarations are invalid.
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3 The Auctioneer has absolute discretion to divide any lot, to combine two or more lots, to withdraw any lots, to refuse bids, and to regulate the bidding. He may bid on the vendor’s behalf for all goods which are being offered subject to a reserve or at the Auctioneer’s discretion.
4 The highest bidder shall be the buyer. In case of disagreement the lot or lots will immediately be reoffered by the Auctioneer. No claim will be accepted once the adjudication has been given.
5 When the reserve price has not been reached, the lot will be passed at the fall of the hammer.
6 Bids from clients unknown to PHILLIPS, the Auctioneer, or the Stadtammann of Zurich might not be accepted unless accompanied by a full cash deposit, or a bank reference, which must arrive in good time to be taken up before the sale at PHILLIPS, Kreuzstrasse 54, 8008 Zurich, Switzerland. The Auctioneer retains full authority to refuse these bids.
7 PHILLIPS requires that all prospective buyers use a bidding number in place of their names.
8 Persons not present at the sale may leave their bids with the Auctioneer or the Stadtammann of Zurich. The prices on these bidding forms will be treated as maximum hammer price, excluding premium or taxes. Alterations to these forms can only be accepted in writing up to the evening preceding the sale.
9 Payment can be made in cash, by bank cheque or by wire transfer. Cash payments must be made in Swiss Francs. PHILLIPS reserves the right to refuse immediate clearance of goods when paid for by wiretransfer or by cheque, whether drawn on a Swiss or foreign bank.
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