795
Panamarenko, Olilly chair with pair of ottoma
Currency:USD
Category:Antiques / Furniture
Start Price:37,500.00 USD
Estimated At:50,000.00 - 70,000.00 USD
SOLD
35,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2008 Apr 01 @ 19:04UTC-6 : CST/MDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
Panamarenko<BR>Olilly chair with pair of ottomans<BR>Olilly<BR>Belgium, 1968<BR>upholstery, chrome-plated steel<BR>43 w x 84 d x 48 h inches<BR>Although production of this form was originally conceived as an unlimited edition by R. Rommens of Antwerp, only eight examples of this chair were ever realized. The black ottoman featured in this lot is a unique example. <BR>Provenance: <BR>Private collection, Antwerp<BR>Literature: <BR><i>Panamarenko: The Retrospective</i>, Leen and Vandepitte, pg. 220<BR><BR>Condition of the item is not included in this description. Condition reports are available from Wright upon request. Wright strongly recommends that you review a condition report for each item on which you plan to bid.
Auction Location:
1440 West Hubbard, Chicago, Illinois, United States
Previewing Details:
Preview 1440 West Hubbard Chicago Illinois
60622 Chicago
24 March – 31 March 2008
Hours 10:00 - 5:00
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
999.00 |
22.5% |
| 1,000.00 |
9,999.00 |
22.5% |
| 10,000.00 |
Infinite |
22.5% |
Additional Fees:
Shipping Details:
No Info Available
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- VISA
- AMEX
- Money Order/Bank Draft
- Check/Cheque
- PayPal
Each lot in this catalogue is offered subject to the following Terms and Conditions of Sale, as supplemented in writing or otherwise by us at any time prior to the sale. By registering to bid at the auction, or by placing a bid through any means, you agree to be bound by these Terms and Conditions of Sale. In these Terms and Conditions of Sale, “we,” “us,” “our,” “Wright” or similar terms mean R. Wright, Inc. and any of its agents, and “you,” “your,” “buyer” or similar terms mean a person bidding on or buying property.
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Except as stated under “Limited Warranty” in paragraph 4 below, all property is sold “as is,” with no representation or warranty of any kind from Wright or the consignor. Because buyers are responsible for satisfying themselves as to condition or any other matter concerning the property, they are advised to personally examine any property on which they intend to bid prior to the auction. As a courtesy, condition reports for any lot are available from Wright prior to the sale, but Wright assumes no responsibility for errors and omissions contained in the catalogue or in any such report provided at the request of a buyer. Any statements made in this catalogue or in any condition report, whether orally or in writing, are intended as statements of opinion only, are not to be relied upon as statements of fact and do not constitute representations or warranties of any kind.
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to $500 $25 increment
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$10,000+ $1000 increment or auctioneer’s discretion
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If a buyer fails to make timely payment as required in this paragraph 3, we shall be entitled, in our discretion, to exercise any remedies legally available to us, including, but not limited to, the following:
– cancellation of the sale of the property to the non-paying buyer,including the sale of any other property to the same buyer;
– reselling the property, at public or private sale, with or without reserve;
– retention of any amounts already paid by the buyer as liquidated damages;
– rejection of any bids by the buyer at future auctions;
– setting-off any amounts owed by us to the buyer in satisfaction of unpaid amounts
– taking any other action we deem necessary or appropriate under the circumstances.
4. LIMITED WARRANTY
Subject to the following terms and conditions, Wright warrants, for a period of five (5) years following the date of sale, the authorship and authenticity of any work as set forth unqualifiedly in a heading in BOLD CAPITAL type in this catalogue. The term “author” or “authorship” means the creator, designer, culture or source of origin of the property, as the case may be, as specifically identified in BOLD CAPITAL type in this cata-logue, and shall not include any supplemental text or information included in the catalogue descriptions. Other than as specifically set forth above, Wright provides no warranty regarding any statements made in this catalogue or elsewhere, whether orally or in writing, and Wright shall not be responsible for errors or omissions contained in the text of this catalogue. Wright’s warranty does not apply to any heading in this catalogue that contains a qualified opinion or attribution of authorship, and the warranty is subject to the following:
The benefits of the warranty are only available to the original buyer of the property, and not to any subsequent purchasers, transferees, successors, heirs, beneficiaries or assigns of the original buyer.
The warranty shall not apply to any lot for which the description states that there is a conflict of opinion among specialists as to authorship or origin.
The warranty shall not apply to any lot for which the attribution conforms with the generally accepted opinion of scholars, specialists or other experts on the date of sale, despite the subsequent discovery of information that modifies such generally accepted opinions.
The buyer’s sole remedy, and Wright’s sole liability, under the warranty shall be the cancellation of the sale of the property in question, and the refund of the purchase price originally paid by the buyer in respect of the property (not including any late fees, shipping or storage charges incurred by the buyer).
In no event shall Wright be liable to the buyer or any third party for any special or consequential damages including, without limitation, lost profits or interest.
The buyer must provide written notice of any claim under the warranty to Wright not later than five (5) years following the date of sale, and must return the property to Wright in the same condition as at the time of the original sale. Wright reserves the right to appoint two independent specialists to examine the property and evaluate the buyer’s claim before determining whether to cancel the sale in question.
5. RESCISSION OF SALE BY WRIGHT
If we become aware of an adverse claim of a third party relating to property purchased by the buyer, we may, in our discretion, rescind the sale. Upon notice of our election to rescind a sale, the buyer will promptly return the property to us, at which time we will refund to the buyer the hammer price and buyer’s premium paid to us by the buyer in respect of the property. This refund will represent the buyer’s sole remedy against us and/or the consignor in case of a rescission of sale under this paragraph 5.
6. PRIVATE SALES
These Terms and Conditions of Sale shall govern, to the extent applicable, any private sale of property by us not made through auction.
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8. SEVERABILITY
If any provision of these Terms and Conditions of Sale is held by any court to be invalid, illegal or unenforceable, such provision shall be disregarded and the remaining Terms and Conditions of Sale enforced in accordance with the original document and in accordance with applicable law.
9. GOVERNING LAW
These Terms and Conditions of Sale shall be governed by and interpreted in accordance with the law of the State of Illinois and, by registering for and bidding in the auction (whether personally, by telephone or by agent), the buyer agrees to submit to the exclusive jurisdiction of the state courts located in Cook County, Illinois in connection with any matter regarding this auction.