GENERAL TERMS AND CONDITIONS OF SALE COnDITIOnS AnD InFORMATIOn PRInCIPALLY - sent by post to the offices of . Export FOR BUYERS You may also bid by telephone. Telephone bids must be confirmedBuyers should always check whether an export licence is required All property is being offered under French Law and the conditionsbefore the auction by letter, fax or e-mail. These as well as writtenbefore exporting. It is the buyer’s sole responsibility to obtain any printed in this volume. lt is important that you read the followingbids must be received 24 hours before the auction so that we canrelevant export or import licence. The denial of any licence or any pages carefully. guarantee satisfaction. delay in obtaining licences shall neither justify the rescission of any The following pages give youas well useful information on how to buyBidding by telephone sale nor any delay in making full payment for the lot. at auction. Our staff is at your disposal to assist you. If you cannot attend the auction, it is possible to bid on the telephone.can advise buyers on the detailed provisions of the export licensing As the number of telephone lines is limited, it is necessary to makeregulations and will submitt any necessary export licence applications BUYER’S PREMIUM arrangements for this service 24 hours before the sale. on request. The purchase price will be the sum of the final bid plus a buyer’sWe also suggest that you leave a covering bid which we can execute However,cannot ensure that a licence will be obtained. premium of 20 % inc. taxes. of the excess of the hammer priceon yourbehalf in the event we are unable to reach you by telephone.Local laws may prohibit of some property and/or may prohibit included until 500,000 Euros and 11 % ex. taxes (13,20% incl. staff are available to execute bids for you in English. the resale of some property in the country of importation. As an taxes)of the excess of the hammer price included from 500,000 illustration only, we set out below a selection of the categories of Euros. Automobilia : 20% H.T. (24% incl. taxes) Interencheres Live: an3 - AT THE Auction works or art, together with the value thresholds above for which a additional buyer commission of 3% excl. Tax (3.59% inclusive of tax)Conditions of sale French «certificat pour un bien culturel» (also known as «passport») will be added to this commission, increase of 35 EUR HT per vehicleAs indicated above, the auction is governed by the conditionsmay be required so that the lot can leave the French territory; the (i.e. +42 EUR TTC per vehicle). Drouot Live: an additional buyerprinted in this catalogue. Anyone considering bidding in the auctionthresholds indicated in brakets is the one required for an export fees of 1.5% excl tax per lot will be charged (1.8 %inc tax).should read them carefully. They may be amended by way of noticeslicence application outside the EU, when the latter differs from the posted in the salesroom or by way of announcement made by the national threshold. VAT RULES auctioneer. - Pictures entirely made by hand on any support and of any material, Non-European buyers may have all VAT invoiced refunded to themAccess to the lots during the sale of more than 50 years of age : euros 150,000 if they request so in writing to the accounting department withinFor security reasons, prospective bidders will not be able to view the- Furniture and objects, carpets, tapestries, clocks of more than 50 delay of 3 months of the date of sale, and if they provide Osenat withlots whilst the auction is taking place. years of age : euros 50,000 the third sample of the customs documentation (DAU) stamped by Auctioning - Watercolors, gouaches and pastels of more than 50 years of age customs. Osenat must appear as shipper on the export documentThe auctioneer may commence and advance the bidding at levelseuros 30,000 and the buyer as the consignee. The exportation has to be donehe considers appropriate and is entitled to place consecutive and- Original sculptures and copies of more than 50 years of age within the legal delays and a maximum of 3 months of the date ofresponsive bids on behalf of the vendor until the reserve price iseuros 50,000 sale. achieved. - Books of more than 100 years of age euros 50,000 1 - BEFORE THE AUCTIOn 4 - AFTER THE AUCTiOn - Vehicules of more than 75 years of age Pre-sale estimates Results euros 50,000 The pre-sale estimate are intended as a guide for prospective buyers.If you would like to know the result of any absentee bids which you- Drawings of more than 50 years of age Any bid between the high and the low pre-sale estimates offers a fairmay have instructed us to place on your behalf, please contact: euros 15,000 chance of success. lt is always advisable to consult us nearer the timeOsenat - Tél. 00 33 (0)1 64 22 27 62 - Prints, lithographs and posters of more than 50 years of age of sales as estimates can be subject to revision. Fax 00 33 (0)1 64 22 38 94 euros 15,000 Condition of Iots or: www.osenat.com - Photographs, films and negatives of more than 50 years of age Solely as a convenance, we may provide condition reports. All the Payment euros 15,000 property is sold in the condition in which they were offered for salePayment is due immediatly after the sale and may be made by the- Printed maps of more than 100 years of age with all their imperfections and defects. following method: euros 15,000 No claim can be accepted for minor restoration or small damages.- checks in euro - Incunabula and manuscripts (EU whatever the value is) lt is the responsability of the prospective bidders to inspect each lot- cash within the following limits: euros 1,500 prior to the sale and to satisfy themselves that each lot corresponds- 1.000 euros for trade clients - Archaeology pieces of more than 100 years of age, originating with its description. Given that the re-lining, frames and finings- 1.000 euros for French private clients directly from excavations (1) constitute protective measures and not defects, they will not be- 15.000 euros for foreign tax nationals (non trade)- Archaeology pieces of more than 100 years of age, not originating noted. Any measurements provided are only approximate. - credit cards VISA and MASTERCARD directly from excavations euros 1,500 All prospective buyers shall have the opportunity to inspect each- Bank transfers should be made to: - Parts of Historical, Religious or Architectural monuments of more object for sale during the pre-sale exhibition in order to satisfy than 100years of age (1) themselves as to characteristics, size as well as any necessary repairs - Archives of more than 50 years of age (EU whatever the value is) or restoration. euros 300 Sale preview HSBC FRANCE (1) Application for licence for these categories is subject to the nature Pre-auctions viewings are open to the public free of charge. Account holder : of the item. is concerned for your safety while on our premises Osenat and we endeavour to display items safely so far as is reasonably 9-11, RUE ROYALE French vehicles that are more than 75 years old and costing over practicable, Nevertheless, should you handle any items on view at 7730O FONTAINEBLEAU €50,000 require an export passport in order to be taken out of France our premises, you do so at you own risk. Domiciliation: HSBC FR PARIS AUBER and an export license in order to leave furopean territory. Those Code banque: 30056 formalities, in charge of Osenat, are subject to certain conditions and 2 - BIDDInG In THE SALE Code guichet: 00811 may take some delays (passport maximum three months, license Bids may be executed in person by paddle during the auction or by Nocompte: 08110133135 maximum one month). Export licenses for vehicles with a foreign title telephone, or by third person who vvill transmit the orders in writing Clé RIB: 57 are subject to the legislation in force in the country of origin and the or by telephone prior to the sale. The auctions will be conducted in International identification: delivery time can be variable depending on the country. The buyer is euros. A currency converter wili be operated in the salesroom for FR76 3005 6008 1108 1101 3313 557 responsible for insuring his purchases immediately after the sale. your convenience but, as errors may occur, you should not rely upon SWIFT: CCFRFRPP it as substituts for bidding in euros. Siret: 442 614 384 00042 Preemption right Bidding in Person APE 741A0 The French state retains a preemption right on certain works of art To bid in person at the auction, you will need to register for and NoTVA intracommunautaire: FR 76442614384 and archives which may be exercised during the auction. collect a numbered paddle before the auction begins. Proof of In case of confirmation of the preemption right within fifteen (15) identity will be required. Collection of Purchases – Storage fees days from the date of the sale, the French state shall be subrogated If you wish to bid on a lot, please indicate clearly that you are bidding Purchases can only be collected after payment infull in cleared fundsin the buyers position. by raising you paddle and attracting the attention of the auctioneer.has been made to . Should you be the successful buyers of any lot, please ensure thatPurchased lots will become available only afterpayment infull hasCatalogue descriptions the auctioneer can see your paddle and that it is your number thatbeen made. shall exercise such due care when making express is called out. Storage fees will be charged by Osenat to purchasers who have notstatements in catalogue descriptions, as amended by any notices Should there be any doubts as to price or buyer, please draw thecollected their items within 15 days from the sale as follows :posted in the salesroom prior to the opening of the auction or by auctioneer’s attention to it immediately. - 10 € per day for furniture or cars announcement made by the auctioneer at the beginning of the We will invoice all lots sold to the name and address in which the - 5 € per day for object or paintings auction and noted in the minutes of the sales, as is consistent with its paddle has been registered and invoices cannot be transferred to role of an auction house and in the light of the information provided other names and addresses. In the event of loss of your paddle, to it by vendor, of the scientific, technical and artistic knowledge, and please inform the sales clerk immediately. the generally accepted opinions of relevant experts, at the time any At the end of the sale, please return your paddle to the registration such express statement is made. desk. Bidding as principal Crédits Photos : If you make a bid at auction, you do as principal and we may held you Osenat © Christian Martin personally and solely liable for that bid unless it has been previously © Daniel Denis agreed that you do so on behalf of an identified and acceptable third © Eric Sander party and you have produced a valid power of attorney acceptable to us. Absentee bids If you cannot attend the auction, we will pleased to execute written bids on your behalf. A bidding form can be found at the back of this catalogue. This service is free and confidential. Lots will be bought as cheaply as is consistent with other bide and the reserves. In the event of identical bids, the earliest bid received will take precedence. Always indicate a “ top limit ” - the hammer price to which you would stop bidding if you vvere attending the auction yourself “ Buy ” and unlimited bids will not be accepted. Orders shall be made in euro. Written orders may be - sent by e-mail at contact@osenat.com - sent by fax to the following number: 00 33 (0) 1 80 81 90 01 - hand delivered to staff on the premises