Page 189 - Aste Bolaffi - Gioielli, marzo 2024 Torino
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14 - Limitation of Aste Bolaffi’s liability  attribution, origin, date, age, period, cultural origin or   otherwise, any lack of conformity which becomes apparent
            Except in the case of wilful misconduct or gross negli-  source, its quality, including the price or value, solely reflect   within six months of delivery of the lot shall be presumed
            gence, Aste Bolaffi and its employees, assistants, directors   assessments  made  in  good faith  by  Aste  Bolaffi  and  can   to have existed at the time of delivery unless this presump-
            or consultants shall not be liable for acts or omissions re-  be reviewed and changed at any time by Aste Bolaffi. The   tion is incompatible with the type of lot or the nature of
            lating to the preparation or management of the auction   buyer shall not treat these assessments as statement of fact   the lack of conformity. From the seventh month after the
            or any matter relating to the sale of the lots. Except in the   or place any reliance on such representations.  delivery of the product, it will instead be the burden of the
            case of wilful misconduct or gross negligence, Aste Bolaffi   18 – Verification of cultural interest  buyer to prove that the lack of conformity already existed at
            shall not under any circumstances be liable for indirect or   Aste Bolaffi in its sole discretion may temporarily award   the time of delivery. In order to use the Legal Warranty, the
            consequential damages, for lost profits or damages from   lots that, before or during the auction, are subjected to the   buyer will need to provide evidence of the date of purchase
            loss of opportunities. Any possible liability of Aste Bolaffi   notification of the start of a procedure for the declaration   and delivery of the lot. It would be advisable for buyers to
            and/or of the Seller with respect to the buyer in connec-  of cultural interest referred to in Article 14 et seq. of Italian   keep the purchase invoices, delivery notes and any other
            tion with the purchase of a lot by the latter shall be limited   Legislative  Decree  no.  42  of 22 January  2004 (the  “Code   documents relating to the purchase and delivery of lots. It
            to the corresponding hammer price and purchase price   of Cultural Heritage”).  In  the  event  of  temporary  award   is assumed that the purchased lot is in accordance with the
            and the buyer’s premium paid by the buyer.
                                              Aste Bolaffi will report the sale to the relevant Ministry   sales contract when the lot: (i) is suitable for the use that
            15 – Expert reports and certificates  pursuant to Art. 59 of the Code of Cultural Heritage. The   goods of the same type are normally used for; (ii) complies
            Aste Bolaffi reserves the right to issue expert reports/ex-  sale completion will be subject to the ruling made by the   with the corresponding description given in the catalogue,
            tensions when requested by the buyer. Expert reports are   relevant Ministry regarding the status of the property as   in expert reports or reports by Aste Bolaffi or in any accom-
            not issued by Aste Bolaffi in relation to lots whose cata-  a “cultural heritage item” and the failure by the Ministry   panying documentation; (iii) provides the usual quality and
            logue description states that they are accompanied by a   to exercise its right to pre-emption within sixty days of   performance of goods of the same type that the buyer can
            certificate. It is hereby specified that any grant of expert   the receipt of the report or within the longer term of one   reasonably expect, also taking into account the statements
            reports/extensions does not change the payment terms   hundred and eighty days referred to in Art. 61, paragraph   made in the catalogue or advertising material; (iv) is suitable
            set out in Article 10 above or constitute any form of guar-  2, of the Code of Cultural Heritage. Pending these terms,   for the particular purpose desired by the buyer as long as
            antee  regarding  sold  lots.  Only  in  the  cases  provided  for   the lot cannot be released to the buyer.   this was made known to Aste Bolaffi before the auction or
            by Art. 64 of Italian Legislative Decree no. 42 of 22 January   19 – Droit de suite (Artist’s Resale Royalty)  sale and Aste Bolaffi accepted this. Any failures or malfunc-
            2004, Aste Bolaffi, upon request from the buyer shall pro-  Italian Legislative Decree no. 118 of 13 February 2006, im-  tions due to accidental events or the responsibility of the
            vide the buyer with a statement containing all information   plementing Directive 2001/84/EC, introduced into Italian   buyer are excluded from the scope of the Legal Warranty,
            available on the authenticity of the lot or on its probable   law the right of authors of works of art and manuscripts,   as well as any use or storage of the lot that does not comply
            attribution and provenance.       and their successors, to receive a fee on the price of each   with its intended use and/or the provisions in the documen-
            16 – Numismatic auction catalogues  sale of the original work subsequent to the first sale (so-  tation accompanying the lot. Furthermore, there is no Legal
                                                                                Warranty of any kind, if at the time of the award or sale, the
            The catalogues used as references are as follows: Bol. (Aste   called “droit de suite”). The “droit de suite” is due only if   buyer was aware of the lack of conformity or could not have
            Bolaffi catalogue of coins and banknotes - Kingdom of   the sale price is not less than 3,000.00 Euro. It is calculat-  failed to be aware of it with ordinary due diligence or if
            Sardinia, the Kingdom of Italy and Italian Republic), Bol.   ed as follows: • 4% for the portion of the sale price from
            Vat. (Aste Bolaffi catalogue of Vatican City coins) Bab.   € 0 to € 50,000.00; • 3% for the portion of the sale price   the lack of conformity stems from information or materials
            (Babelon), Bartolotti, Biaggi, Bohering Calciati, Cottag-  from € 50,000.01 to € 200,000.00; • 1% for the portion of   provided by the buyer. Each auction is preceded by a pub-
            es,  BMC  (British  Museum  catalogue),  Ciani,  CNI  (Corpus   the sale price from € 200,000.01 to € 350,000.00; • 0.5%   lic viewing that allows potential buyers to examine the lots
            Nummorum  Italicorum),  Cra.  (Crapanzano/  Giulianini),   for the portion of the sale price from € 350,000.01 to €   in person or through trusted representatives and estab-
            Cra.  Vol. II (Crapanzano/Giulianini vol. II), Crawf. (Craw-  500,000.00; •  0.25%  for  the  portion  of the sale price ex-  lish their authenticity, state of conservation, provenance,
            ford), Coh. (Cohen), Crippa, Dav. (Davenport), Di Giulio,   ceeding € 500,000.00, for a total amount not exceeding   characteristics, qualities and possible defects and flaws. In
            D.O.C. (Dumbarton Oaks Collection), Friedb. (Friedberg),  € 12,500.00. Aste Bolaffi is required to collect and remit   the event of a lack of conformity duly reported within the
            Gad. (Gadoury), Galeotti, Gig. (Gigante), Gav. (Gavello)  the “droit de suite” to the Italian Society of Authors and   terms, the buyer  shall  be  entitled:  (i) primarily,  to the  free
            Guadàn, Gulbenkian, Haeb. (Haeberlin) Heiss, Herzfelder,  Publishers (SIAE). In addition to the price and the buyer’s   repair or replacement of the lot, according to his/her choice,
            Jenkins and Lewis, Krause, Mesio, Müller, Mont. (Monte-  premium and other expenses, the buyer agrees to pay the   except when the requested remedy is impossible or exces-
            negro), Mont. Ve. (Montenegro Venezia), Muntoni, M.zu.A.   “droit de suite”, which should be paid to the Seller under   sively expensive to perform compared to the other option;
            (Miller zu Aicholds), Pag. (Pagani), Pozzi, Rav. (Ravegnani  Article 152, paragraph I, of Italian Law no. 633 of 22 April   (ii) secondly, (i.e. where the repair or replacement is impos-
            Morosini), R.I.C. (Roman Imperial Coinage), Rizzo, Seaby,  1941. The “droit de suite” will be charged in accordance   sible or prohibitively expensive or the repair or replacement
            Sears, Schl. (Schlumberger), Sim. Simonetti. Philatelic auc-  with Article 10 above.  has not been carried out within a reasonable time or the
            tion: The numbering refers to that of Bolaffi and Sassone  20 – Absence of the right of withdrawal  previous repair or replacement caused significant incon-
            catalogues for the Ancient Italian States, Kingdom of Italy,   Online offers and sale of lots online by Aste Bolaffi con-  venience to the buyer) to a price reduction or termination
            Italian Republic and Italian countries, to the Yvert-Telli-  stitute a distance contract governed by Chapter I, Title   of the contract, according to his/her choice. The requested
            er catalogue and to the Unificato for Europe and to the  III (Arts. 45 et seq.) of the Consumer Code and Italian   remedy is too expensive if it imposes unreasonable costs on
            Yvert-Tellier and Stanley Gibbons catalogue for Overseas.   Legislative Decree no. 70 of 9 April 2003, containing the   the Seller in comparison to alternative remedies that may
            Any reference to other catalogues will be indicated spe-  provisions governing e-commerce. Article 59, paragraph   be exercised, taking into account (i) the value that the lot
            cifically. .                      1, sub-para. m) of the Consumer Code excludes the right   would have if it were not for the lack of conformity; (ii) the
            17 – Terms used in catalogues     of withdrawal as regards contracts concluded in a pub-  extent of the lack of conformity; (iii) the possibility that the
            Furniture and paintings auction: Guido Reni: in our opin-  lic auction, as the auctions organised by Aste Bolaffi are,   alternative remedy may be completed without significant
            ion  authentic  work  by  the  artist.  Guido  Reni  (attributed):   which also provide the opportunity of participating online.   inconvenience to the buyer.
            in our opinion probably work at least partly done by the   Therefore, there is no right of withdrawal in relation to lots   24 – Applicable law
            artist. Guido Reni (workshop): in our opinion work creat-  auctioned in this manner.  These Terms and Conditions and every sales contract with
            ed in the artist’s workshop, but by an unidentified artist.   21 – Sale with retention of title  Aste Bolaffi and/or the Seller shall be governed in all re-
            Guido Reni (circle): in our opinion the work of an unidenti-  Lots are awarded or sold by Aste Bolaffi with retention of   spects by Italian law.
            fied artist, produced during the lifetime of the cited artist.   title under Article 1523 of the Italian Civil Code and the   25 – Jurisdiction
            Guido Reni (follower): in our opinion the work of an uni-  ownership of the lots will be transferred to the buyer only
            dentified artist, not necessarily a pupil of the cited artist,   when the full purchase/sale price has been received. The   Any dispute relating to these Terms and Conditions and any
            potentially produced at a later date. Guido Reni (style): in   risk of loss or damage of lots will be transferred to the   sales contract with the Seller and/or Aste Bolaffi, including
            our opinion a work executed in the style of the artist in   buyer upon their delivery. The obligation to deliver sold   those  relating  to  their  interpretation,  execution,  termina-
            contemporary or quasi-contemporary times. Guido Reni   lots is subject to the prior payment of the price due and of   tion or validity, shall be referred exclusively to the Court of
            (manner or school): in our opinion a work executed in the   any other amount due to Aste Bolaffi in full by the buyer   Turin, except in cases where the buyer is a “consumer” un-
            style of the artist by an unidentified artist but who is in-  according to these Terms and Conditions.   der Art. 18, paragraph 1, sub-para. a) of the Consumer Code
            fluenced by him/her, even in a period well after the artist’s       (Italian Legislative Decree no. 206 of 6 September 2005)
            death. From Guido Reni: in our opinion a copy of a known   22 – Post-auction sales  in which case it will be settled by the court of residence
            painting of the artist. Signed/Dated/Inscribed: in our opin-  In the thirty days following the auction date, Aste Bolaffi   or domicile of the consumer. Pursuant to Art. 141-sexies,
            ion the signature and/or date and/or inscription is by the   offers the chance to purchase any lots still unsold online   paragraph  3 of  the  Consumer Code,  Aste Bolaffi  informs
            artist’s hand. Bears signature/bears date/bears inscription:   in the “Compra Subito (Buy Now)” section of the website   the buyer who qualifies as a “consumer” that when a com-
            in our opinion the signature/date/inscription appears to be   www.astebolaffi.it, where it is possible to make a binding   plaint or application is submitted in relation to which it has
            of another hand and/or of other era. Aste Bolaffi reserves   offer for the lots that are still available, at the auction start-  not been possible to resolve the dispute in question, Aste
            the right to express its own opinion related to the artist,   ing price plus the traditional buyer’s premium. Aste Bolaffi   Bolaffi will provide the information about the Alternative
            attribution, origin, dating, provenance and condition of   reserves the right to refuse the offer received.   Dispute Resolution body or bodies for out-of-court set-
            the lots in the catalogue. It is, in any case, an opinion and   23 – Legal warranty for consumers  tlements of disputes relating to obligations arising  from a
            should not be considered in any way an expert judgement.  If the Seller of a lot is a “professional” pursuant to the pro-  contract concluded under these Terms and Conditions (the
            Philatelic auction:               visions of Art. 18, paragraph 1, sub-para. b) of the Consum-  so-called ADR bodies, as specified in Articles 141-bis et seq.
            K mint D cancelled O front cover   er Code (Italian Legislative Decree no. 206 of 6 September   of the Consumer Code), specifying whether or not it in-
            L  hinged  N  fragment  A  letter-aerogramme  I  without   2005), a legal warranty of conformity will be applied to the   tends to resort to the use of such bodies to resolve the dis-
            gum                               lot awarded or sold through Aste Bolaffi under Articles 128-  pute. Aste Bolaffi also states that a European platform for
            Numismatic auction:  Ac (Acmonital),  Ae (Bronze),  Ag (Sil-  135 of the Consumer Code (hereinafter “Legal Warranty”).   the on-line resolution of consumer disputes (so-called ODR
            ver), Al (Aluminium), An (Antimonium), Au (Gold), Ba (Bronz-  The Legal Warranty is reserved only to buyers who are   platform) has been established. The ODR platform can be
            ital), Cn (Copper-nickel), Cu (Copper), El (Electro), It (Italma),   natural persons and participate in the auction or sale for   viewed at the following web address http://ec.europa.eu/
            M.b. (White metal),  Ma (Silver-plated metal),  Md (Gilded  purposes that do not fall under the categories of trade, in-  consumers/odr/; through the ODR platform the consumer
            metal), Mi (Mixture), Ni (Nichel), Ott. (Brass), Pb (Lead), Pe   dustry, craft or other professional activities. Since all lots   user can consult the list of ADR bodies, find the link to the
            (Pewter), Pl (Platinum), Sn (Tin), Zn (Zinc)  are “preowned goods” pursuant to and for the purposes of   website of each of them and start an online resolution pro-
            Jewellery auction: Cartier Jewel. This wording implies that   Art. 134, paragraph 2, of the Consumer Code, the Seller is
            in our opinion the object is, due to signatures, characteris-  liable to the buyer for any lack of conformity which exists   cedure of the dispute in which they are involved.
            tics, marks, attributable to the maison indicated. It is under-  at the time of delivery of the product and that become ap-
            stood that any written or verbal representation provided  parent within 1 (one) year from the date of delivery. The lack   WHEN SUBMITTING ABSENTEE BID, SALEROOM BID,
            by Aste Bolaffi, including those contained in the catalogue,   of conformity must be reported to Aste Bolaffi or to the   TELEPHONE OR ONLINE BID, THE BIDDERS CONFIRMS
            reports, comments or appraisals concerning any character-  Seller, under penalty of forfeiture of the warranty, within   THAT THEY HAVE READ AND ACCEPTED ALL THE TERMS
            istic of a lot, such as authorship, authenticity, provenance,  two months from the date it was discovered. Unless proved   AND CONDITIONS OF SALE AS LISTED ABOVE.
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