NOT SOLD (BIDDING OVER)
0.00HUF+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2002 Apr 17 @ 08:00UTC-08:00 : PST/AKDT
Kína, 19. sz., faragott elefántcsont, Starting Price: 950000 HUF.
Auction Location:
Hungary
Additional Fees:
Shipping Details:
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<b>Conditions of Sale</b><p>
<p>1. The auction is organized, handled and conducted by the auctioneer, Nagyházi Galéria és Aukciósház, acting as an agent on behalf of the vendor. The lots called up are in succession as in the catalogue. The auctioneer announces the catalogue number of the lot in question and buyers indicate their wish to bid by raising their hand.
<p>2. The highest bidder acknowledged by the auctioneer shall be the buyer at the hammer price. However, in the case of lots marked as ”protected items” (VÉDETT) in the catalogue, the Hungarian State reserve the right to buy the item at hammer price. (Law No. LXIV of 2001.)
<p>3. The buyer has to pay 20 % of the hammer price, as deposit, in cash immediately after the sale. In case the whole price is paid, the buyer can have the object after the sale. A possibility to pay the amount over the deposit within the space of 14 days is rendered by the agent. The deposit is part of the hammer price on condition that it is paid within 14 days. In case of non-payment within two weeks of the date of the sale, the agent Nagyházi Galéria és Aukciósház regards the buyer’s bid as null and void in which case the buyer has no right to reclaim the deposit.
<p>4. A buyer’s premium shall be added to the hammer price and paid by buyers: 15% of the hammer price up to and including 1 000 000 HUF, 10% of the hammer price exceeding that amount, and 1% cultural tax (Law No. XXIX of 1996). On purchasing fine arts an additional 5% artists’ royalty shall also be added to the hammer price as enacted by Law No. LXXVI of 1999.
<p>5. Immediately after sale the buyer assumes responsibility for the lot including any loss or damage and for shipment thereof. The auctioneer is not responsible for any damage occuring after the sale. If the buyer fails to ship the bought item the auctioneer has the right to charge 5 % of the price as storage price per month from the fifteenth day of the date of the auction. In case the buyer fails to ship the goods – in spite of being called upon to do so – after 6 months the agent has the right to sell the item and will preserve the amount for the buyer as deposit minus expenses.
<p>6. No seller may bid nor may any third party bid on seller’s behalf in order to reach an unreasonably high price thus inflicting a loss on any other party.
<p>7. All lots are available for inspection prior to and during the sale.
<p>8. Descriptions and illustrations in the catalogue are for identification only. Buyers should satisfy themselves prior to the sale as to the condition of each lot and should rely on their own judgement as to whether the lot accords with its description.
<p>9. All goods are sold with all faults and imperfections they have at the time of the sale without any warranty.
<p>10. No object will be sold for an amount less than the estimate price in the catalogue. The auctioneer bears no responsibility for the bids of the hammer prices.
<p>11. In the case of absentee bids offers can be made by the auctioneer on behalf of the buyer commissioned to do so. Fifty per cent of the amount agreed upon in the order to buy is to be paid as payment in advance on which the buyer is to be given acknowledgement of receipt. In case a higher bid is left in the same lot by a third party or is made by buyers in the saleroom, the party who commissioned the auctioneer will be repaid the advance with no sum kept back in return for the order to buy. If the order to buy is succesfully executed, 20% of the purchase price is to be considered as deposit from the advance.
<p>12. No objects marked “VÉDETT” (protected) in the catalogue may be taken abroad. Owners of protected goods will be registered by museums which should be notified in the case of any change in ownership.
<p>13. The exportation of cultural goods is governed by the Law No. LXIV of 2001. Cultural goods may be finally exported from the country only in the possession of a license issued by the National Office of Cultural Heritage.
<p>A special company - in corporation with Nagyházi Galéria - is dealing with the exportation of cultural goods to be exported without license or with a final exportation license (licensing, packaging, customs clearance, transportation). A previous information as to details, as well as expertise and quotation are available through the telephone numbers 475-6000, or during the auction at the site.
<p>14. Credit Cards may be accepted at the sale. Subject to an additional 3% charge.
<p>15. Unsold goods may be asked to be re-auctioned by the agent at the end of the sale.
<p>Nagyházi Galéria és Aukciósház
as agent / auctioneer