General terms and conditions of sale CONDITIONS AND INFORMATION PRINCIPALLY Absentee bids Collection of Purchases – Storage fees FOR BUYERS If you cannot attend the auction, we will pleased to execute Purchases can only be collected after payment infull in cleared All property is being offered under French Law and the written bids on your behalf. A bidding form can be found at funds has been made to Osenat. conditions printed in this volume. lt is important that you read the back of this catalogue. This service is free and confidential. Purchased lots will become available only afterpayment infull the following pages carefully. Lots will be bought as cheaply as is consistent with other bide has been made. The following pages give you as well useful information on how and the reserves. In the event of identical bids, the earliest bid Storage fees will be charged by Osenat to purchasers who to buy at auction. Our staff is at your disposal to assist you. received will take precedence. Always indicate a “ top limit ” - the have not collected their items within 15 days from the sale as hammer price to which you would stop bidding if you vvere follows : BUYER’S PREMIUM attending the auction yourself - 10 € per day for furniture The purchase price will be the sum of the final bid plus a buyer’s “ Buy ” and unlimited bids will not be accepted. - 5 € per day for object or paintings premium of 20,83 % ex. taxes (25% incl. taxes) of the excess Orders shall be made in euro. of the hammer price included until 500,000 Euros and 15 % Written orders may be Export ex. taxes (18% incl. taxes) of the excess of the hammer price - sent by e-mail at contact@osenat.com Buyers should always check whether an export licence includedfrom 500,000 Euros. - sent by fax to the following number : 00 33 (0) 1 80 81 90 01 is required before exporting. It is the buyer’s sole Manuscripts : The purchase price will be the sum of the final - hand delivered to staff on the premises responsibility to obtain any relevant export or import bid plus a buyer’s premium of 25% ex. taxes (30% incl. taxes). - sent by post to the offices of Osenat. licence. The denial of any licence or any delay in obtaining - Interencheres Live: an additional buyer commission of 3% excl. You may also bid by telephone. Telephone bids must belicences shall neither justify the rescission of any sale nor any Tax (3.59% inclusive of tax) will be added to this commission. confirmed before the auction by letter, fax or e-mail. These delay in making full payment for the lot. Osenat can advise - Drouot Live: an additional buyer fees of 1.5% excl tax per lot will as well as written bids must be received 24 hours before the buyers on the detailed provisions of the export licensing be charged (1.8 %inc tax). auction so that we can guarantee satisfaction. regulations and will submitt any necessary export licence - Invaluable : an additional buyer commission of 3% excl. Tax will Bidding by telephone applications on request. be added to this commission. If you cannot attend the auction, it is possible to bid on the However, Osenat cannot ensure that a licence will be obtained. telephone. As the number of telephone lines is limited, it is Local laws may prohibit of some property and/or may prohibit VAT RULES necessary to make arrangements for this service 24 hours the resaleof some property in the country of importation. As an Non-European buyers may have all VAT invoiced refunded to before the sale. illustration only, we set out below a selection of the categories them if they request so in writing to the accounting department We also suggest that you leave a covering bid which we can of works or art, together with the value thresholds above for within delay of 3 months of the date of sale, and if they provide execute on your behalf in the event we are unable to reach which a French «certificat pour un bien culturel» (also known as Osenat with the third sample of the customs documentation you by telephone. Osenat Fontainebleau staff are available to «passport») may be required so that the lot can leave the French (DAU) stamped by customs. Osenat must appear as shipper execute bids for you in English. territory; the thresholds indicated in brakets is the one required on the export document and the buyer as the consignee. for an export licence application outside the EU, when the latter The exportation has to be done within the legal delays and a 3 - AT THE Auction differs from the national threshold. maximum of 3 months of the date of sale. Conditions of sale - Pictures entirely made by hand on any support and of any As indicated above, the auction is governed by the conditions material, of more than 50 years of age euros 150,000 1 - BEFORE THE AUCTION printed in this catalogue. Anyone considering bidding in the - Furniture and objects, carpets, tapestries, clocks of more than Pre-sale estimates auction should read them carefully. They may be amended 50 years of age euros 50,000 The pre-sale estimate are intended as a guide for prospective by way of notices posted in the salesroom or by way of- Watercolors, gouaches and pastels of more than 50 years of buyers. Any bid between the high and the low pre-saleannouncement made by the auctioneer. age euros 30,000 estimates offers a fair chance of success. lt is always advisable to Access to the lots during the sale - Original sculptures and copies of more than 50 years of age consult us nearer the time of sales as estimates can be subject For security reasons, prospective bidders will not be able to euros 50,000 to revision. view the lots whilst the auction is taking place. - Books of more than 100 years of age Condition of Iots Auctioning euros 50,000 Solely as a convenance, we may provide condition reports. All The auctioneer may commence and advance the bidding- Vehicules of more than 75 years of age the property is sold in the condition in which they were offered at levels he considers appropriate and is entitled to place euros 50,000 for sale with all their imperfections and defects. consecutive and responsive bids on behalf of the vendor until - Drawings of more than 50 years of age No claim can be accepted for minor restoration or small the reserve price is achieved. euros 15,000 damages. - Prints, lithographs and posters of more than 50 years of age lt is the responsability of the prospective bidders to inspect Information provided by about restorations, euros 15,000 each lot prior to the sale and to satisfy themselves that each accidents or incidents affecting the lots are only made to - Photographs, films and negatives of more than 50 years of age lot corresponds with its description. Given that the re-lining, facilitate inspection by the prospective buyer and remain euros 15,000 frames and finings constitute protective measures and not subject to his personal appreciation and that of his expert. - Printed maps of more than 100 years of age defects, they will not be noted. Any measurements provided are The absence of information provided about a restoration, an euros 15,000 only approximate. accident or any incident in the catalog, in the condition reports, - Incunabula and manuscripts (EU whatever the value is) All prospective buyers shall have the opportunity to inspect on the tags or given orally, dŒs not imply that the lot concerned euros 1,500 each object for sale during the pre-sale exhibition in order is free of defect, past or repaired. On the opposite, the mention - Archaeology pieces of more than 100 years of age, originating to satisfy themselves as to characteristics, size as well as any of a default dŒs not imply the absence of any other one. directly from excavations(1) necessary repairs or restoration. The successful bidder will only get the delivery of his purchase - Archaeology pieces of more than 100 years of age, not Sale preview after payment of the full price. In the case where a simple check originating directly from excavations euros 1,500 Pre-auctions viewings are open to the public free of charge. has been provided for payment, lots shall not be delivered - Parts of Historical, Religious or Architectural monuments of Osenat is concerned for your safety while on our premises and before the check has been cashed. more than 100 years of age(1) we endeavour to display items safely so far as is reasonably - Archives of more than 50 years of age (EU whatever the value practicable, Nevertheless, should you handle any items on view 4 - AFTER THE AUCTiON is) euros 300 at our premises, you do so at you own risk. Results (1) Application for licence for these categories is subject to the If you would like to know the result of any absentee bids which nature of the item. 2 - BIDDING IN THE SALE you may have instructed us to place on your behalf, please Preemption right Bids may be executed in person by paddle during the auction contact : The French state retains a preemption right on certain works or by telephone, or by third person who vvill transmit the orders Osenat - Tél. 00 33 (0)1 64 22 27 62 of art and archives which may be exercised during the auction. in writing or by telephone prior to the sale. The auctions will be Fax 00 33 (0)1 64 22 38 94 In case of confirmation of the preemption right within fifteen conducted in euros. A currency converter wili be operated in or : www.osenat.com (15) days from the date of the sale, the French state shall be the salesroom for your convenience but, as errors may occur, Payment subrogated in the buyers position. you should not rely upon it as substituts for bidding in euros. Payment is due immediatlyafter the sale and may be made by Catalogue descriptions Bidding in Person the following method : OsenatOsenat shall exercise such due care when making To bid in person at the auction, you will need to register for and - checks in euro express statements in catalogue descriptions, as amended collect a numbered paddle before the auction begins. Proof of - cash within the following limits : by any notices posted in the salesroom prior to the opening identity will be required. - 1.000 euros for trade clients of the auction or by announcement made by the auctioneer at If you wish to bid on a lot, please indicate clearly that you are - 1.000 euros for French private clients the beginning of the auction and noted in the minutes of the bidding by raising you paddle and attracting the attention of - 15.000 euros for foreign tax nationals (non trade) sales, as is consistent with its role of an auction house and in the the auctioneer. Should you be the successful buyers of any lot, - credit cards VISA and MASTERCARD light of the information provided to it by vendor, of the scientific, please ensure that the auctioneer can see your paddle and that - Bank transfers should be made to : technical and artistic knowledge, and the generally accepted it is your number that is called out. opinions of relevant experts, at the time any such express Should there be any doubts as to price or buyer, please draw HSBC FRANCE statement is made. the auctioneer’s attention to it immediately. Account holder : We will invoice all lots sold to the name and address in which the Osenat Photos : Michel Bury, Féau Immobilier paddle has been registered and invoices cannot be transferred 9-11, RUE ROYALE Conception / réalisation : Osenat to other names and addresses. In the event of loss of your 7730O FONTAINEBLEAU paddle, please inform the sales clerk immediately. Domiciliation : HSBC FR PARIS AUBER At the end of the sale, please return your paddle to the Code banque : 30056 registration desk. Code guichet : 00811 No compte : 08110133135 Bidding as principal Clé RIB : 57 If you make a bid at auction, you do as principal and we may International identification : held you personally and solely liable for that bid unless it has FR76 3005 6008 1108 1101 3313 557 been previously agreed that you do so on behalf of an identified SWIFT : CCFRFRPP and acceptable third party and you have produced a valid Siret : 442 614 384 00042 power of attorney acceptable to us. APE 741A0 No TVA intracommunautaire : FR 76442614384