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GENERAL TERMS  ticipation due to any errors that may occur during or prior   time  of  delivery  of  the  lots  and  for  buyers  participating   14 - Limitation of Aste Bolaffi’s liability  source, its quality, including the price or value, solely reflect   of delivery of the lot shall be presumed to have existed
                                              assessments  made  in  good  faith  by  Aste  Bolaffi  and  can
 to the telephone and/or internet connection.
 by  written  offers,  via  telephone  or  online  within  7  (sev -
            Except  in  the  case  of  wilful  misconduct  or  gross  negli -
                                                                                at the time of delivery unless this presumption is incom -
 AND CONDITIONS  en)  calendar  days  from  receipt  of  the  invoice.  Payments   gence, Aste Bolaffi and its employees, assistants, directors   be reviewed and changed at any time by Aste Bolaffi. The   patible with the type of lot or the nature of the lack of
 6 – Awarding of lots
 Lots will be awarded to the highest bidder. Aste Bolaffi   can be made in cash (within the limits permitted by law),   or consultants shall not be liable for acts or omissions re -  buyer shall not treat these assessments as statement of fact   conformity.  From  the  seventh  month  after  the  delivery
 1 – Introduction   reserves the right to cancel an award in the event of any   by cheque or banker’s draft, debit card, credit card (only   lating  to  the  preparation  or  management  of  the  auction   or place any reliance on such representations.  of the product, it will instead be the burden of the buyer
 These  Terms  and  Conditions  govern  the  sale  by  public   third-party disputes claiming private or State ownership   American  Express,  MasterCard  and  Visa  circuits)  or  by   or any matter relating to the sale of the lots. Except in the   18 – Verification of cultural interest  to  prove  that  the  lack  of  conformity  already  existed  at
 auction, private negotiation or by any other means of any   of  the  Lot.  We  do  not  accept  bids  below  the  starting   bank  transfer.  If  payment  is  made  by  American  Express   case of wilful misconduct or gross negligence, Aste Bolaffi   Aste  Bolaffi  in  its  sole  discretion  may  temporarily  award   the time of delivery. In order to use the Legal Warranty,
 type of goods or collectables by Aste Bolaffi S.p.A. auction   price. Lots will open at the bid indicated as the starting   credit card or PayPal, a surcharge of 5% (five per cent) is   shall not under any circumstances be liable for indirect or   lots that, before or during the auction, are subjected to the   the  buyer  will  need  to  provide  evidence  of  the  date  of
 house,  with  registered  office  at  Via  Cavour  no.  17,  Turin,   price, except when a higher offer has been received pri -  payable on the hammer price or sale price. Payments will   consequential damages, for lost profits or damages from   notification of the start of a procedure for the declaration   purchase  and  delivery  of  the  lot.  It  would  be  advisable
 share capital of 52,180.00 Euro fully paid-up, VAT number   or to the opening of the auction; in this case the lot will   not be accepted from anyone other than the buyer. De -  loss of opportunities. Any possible liability of Aste Bolaffi   of cultural interest referred to in Article 14 et seq. of Italian   for buyers to keep the purchase invoices, delivery notes
 09591610010, Register of Companies no. TO-1064393, PEC   open at the subsequent bidding increment after that of -  fault interest will be charged on all amounts that are not   and/or of the Seller with respect to the buyer in connec -  Legislative  Decree  no.  42  of  22  January  2004  (the  “ Code   and  any  other  documents  relating  to  the  purchase  and
 (certified  email)  address  astebolaffi@pec.bolaffi.it  (here -  fer. In the event of equal absentee bids, which take prior -  paid according to the terms at an annual rate of 5% (five   tion with the purchase of a lot by the latter shall be limited   of Cultural Heritage ”).  In  the  event  of  temporary  award   delivery  of  lots.  It  is  assumed  that  the  purchased  lot  is
 inafter “Aste Bolaffi ”). The lots offered for sale, except in   ity over bids made in the saleroom, the bid which arrived   per cent). Aste Bolaffi may grant extended payment terms.   to  the  corresponding  hammer  price  and  purchase  price   Aste  Bolaffi  will  report  the  sale  to  the  relevant  Ministry   in  accordance  with  the  sales  contract  when  the  lot:  (i)
 exceptional cases, are the property of third parties (here -  first  shall  take  precedence.  Bidding  increments  will  be   Extended payment terms must be agreed and formalised   and the buyer’s premium paid by the buyer.  pursuant to Art. 59 of the Code of Cultural Heritage. The   is suitable for the use that goods of the same type are
 inafter “Seller”) who have irrevocably entrusted the sale of   prior  to  the  auction.  Aste  Bolaffi  will  issue  an  invoice  to   sale completion will be subject to the ruling made by the   normally  used  for;  (ii)  complies  with  the  corresponding
 the lots to Aste Bolaffi which acts only as an intermediary.   regulated at the discretion of the auctioneer. The mini -  a  successful  bidder  using  the  procedures  provided  for   15 – Expert reports and certificates  relevant Ministry regarding the status of the property as   description given in the catalogue, in expert reports or
 Information about the auction may be included in the cat -  mum increment will be € 25.00. The auctioneer reserves   in these Terms and Conditions. In the event of non-pay -  Aste Bolaffi reserves the right to issue expert reports/ex -  a  “cultural  heritage  item”  and  the  failure  by  the  Ministry   reports by Aste Bolaffi or in any accompanying documen -
 alogue or announced in the saleroom before or during the   the right to withdraw, add, combine or divide lots, and   ment of the purchase price or any other amount due by   tensions when requested by the buyer. Expert reports are   to  exercise  its  right  to  pre-emption  within  sixty  days  of   tation; (iii) provides the usual quality and performance of
 sale. The terms and conditions of sale are subject to up -  the right to refuse a bid in the saleroom or a written offer.   the buyer to Aste Bolaffi within thirty (30) calendar days   not issued by Aste Bolaffi in relation to lots whose cata -  the receipt of the report or within the longer term of one   goods  of  the  same  type  that  the  buyer  can  reasonably
 dates that will immediately be posted on www.astebolaffi.  The auctioneer reserves the right to withdraw a lot from   from the end of the month in which the invoice is issued,   logue description states that they are accompanied by a   hundred and eighty days referred to in Art. 61, paragraph   expect, also taking into account the statements made in
 it. If there are any discrepancies between the text of the   the auction if bids do not reach the reserve price agreed   Aste Bolaffi shall be entitled to rescind the sales contract   certificate. It is hereby specified that any grant of expert   2, of the Code of Cultural Heritage. Pending these terms,   the catalogue or advertising material; (iv) is suitable for
 Terms and Conditions published in the auction catalogue   with the Seller.  pursuant  to  Art.  1456  of  the  Italian  Civil  Code  by  giving   reports/extensions  does  not  change  the  payment  terms   the lot cannot be released to the buyer.   the  particular  purpose  desired  by  the  buyer  as  long  as
 and those published on the Aste Bolaffi website, the on -  7 – Auction fees for the sale of lots with the VAT margin   written notice to the buyer, without prejudice to its right   set out in Article 10 above or constitute any form of guar -  this was made known to Aste Bolaffi before the auction
 line version will take precedence.   scheme   to compensation for the damage caused by the non-ful -  antee regarding sold lots. Only in the cases provided for   19 – Droit de suite (Artist’s Resale Royalty)  or sale and Aste Bolaffi accepted this. Any failures or mal -
 The  Article  45  of  Italian  Law  342  of  21  November  2000   by Art. 64 of Italian Legislative Decree no. 42 of 22 January   Italian Legislative Decree no. 118 of 13 February 2006, im -  functions due to accidental events or the responsibility of
 2 – Catalogues  filment.  Any  instalments  paid  by  the  buyer  before  the   2004, Aste Bolaffi, upon request from the buyer shall pro -  plementing  Directive  2001/84/EC,  introduced  into  Italian
 Aste Bolaffi shall not be held liable with regard to descrip -  provides the application of margin scheme to sales where   sales contract is rescinded will be retained by the auction   vide the buyer with a statement containing all information   law the right of authors of works of art and manuscripts,   the buyer are excluded from the scope of the Legal War -
 tions, condition reports, values and estimates of the lots   commission charges applied: with: (a) private persons; (b)   house as compensation pursuant to Art. 1526 of the Italian   available on the authenticity of the lot or on its probable   and their successors, to receive a fee on the price of each   ranty, as well as any use or storage of the lot that does
 contained  in  the  catalogues  and  in  any  other  illustrative   taxable  persons  which  have  subjected  the  transaction   Civil Code without prejudice to compensation for further   attribution and provenance.  sale of the original work subsequent to the first sale (so -  not comply with its intended use and/or the provisions in
 materials. Illustrations, descriptions, values and estimates   to  the  margin  scheme;  (c)  persons  who  have  not  been   damages.  Aste  Bolaffi  is  among  the  entities  required  by   called  “droit  de  suite”).  The  “droit  de  suite”  is  due  only  if   the documentation accompanying the lot. Furthermore,
 are  provided  purely  as  a  guide  and  only  serve  to  clearly   able  to  deduct  tax  in  accordance  with  Articles  19,  19-bis   Legislative  Decree  21/11/2007  n.  231  to  comply  with  the   16 – Numismatic auction catalogues  the sale price is not less than 3,000.00 Euro. It is calculat -  there is no Legal Warranty of any kind, if at the time of
 identify  the  lot  and  bidders  should  not  rely  on  them  as   and 19-bis2 of Italian Presidential Decree no. 633/72 (who   provisions of European Directive 2018/843 dated 30/5/2018   The catalogues used as references are as follows: Bol. (Aste   ed as follows: • 4% for the portion of the sale price from   the award or sale, the buyer was aware of the lack of con -
 statement  of  fact.  The  illustrations,  descriptions,  val -  have sold the asset in exemption pursuant to Articles 10   (Anti-Money Laundering Directive), for which it is required   Bolaffi  catalogue  of  coins  and  banknotes  -  Kingdom  of   € 0 to € 50,000.00; • 3% for the portion of the sale price   formity  or  could  not  have  failed  to  be  aware  of  it  with
 ues and estimates are made to the best of Aste Bolaffi’s   and 27-quinquies); (d) persons covered by the exemption   to carry out the identification and adequate verification of   Sardinia,  the  Kingdom  of  Italy  and  Italian  Republic),  Bol.   from € 50,000.01 to € 200,000.00; • 1% for the portion of   ordinary due diligence or if the lack of conformity stems
 knowledge and do not in any way constitute guarantees   arrangements provided for small businesses in the State   the customer and the ultimate beneficiary with reference   Vat.  (Aste  Bolaffi  catalogue  of  Vatican  City  coins)  Bab.   the sale price from € 200,000.01 to € 350,000.00; • 0.5%   from information or materials provided by the buyer. Each
 or promises of quality in accordance with Articles 1490 and   they belong to. No particular symbol will be used to iden -  to the interactions and operations inherent to the execu -  (Babelon),  Bartolotti,  Biaggi,  Bohering  Calciati,  Cottag -  for  the  portion  of  the  sale  price  from  €  350,000.01  to  €   auction is preceded by a public viewing that allows po -
 1497 of the Italian Civil Code. Lots may be sold at prices   tify  the  lots  sold  in  the  margin  scheme.  As  regards  this   tion of its professional activities.   es,  BMC  (British  Museum  catalogue),  Ciani,  CNI  (Corpus   500,000.00;  •  0.25%  for  the  portion  of  the  sale  price  ex -  tential buyers to examine the lots in person or through
 that  are  higher  or  lower  than  the  estimated  values  indi -  scheme, in the event of award or sale, the buyer will be   11 – Collection and delivery of sold lots  Nummorum  Italicorum),  Cra.  (Crapanzano/  Giulianini),   ceeding € 500,000.00, for a total amount not exceeding   trusted  representatives  and  establish  their  authenticity,
 cated  in  the  catalogues.  At  the  sole  discretion  of  Aste   charged  a  buyer’s  premium  in  favour  of  Aste  Bolaffi  ac -  Without prejudice to the provisions in Article 21 below and   Cra.  Vol.  II  (Crapanzano/Giulianini  vol.  II),  Crawf.  (Craw -  €  12,500.00.  Aste  Bolaffi  is  required  to  collect  and  remit   state of conservation, provenance, characteristics, quali -
 Bolaffi estimated values are subject to change. The esti -  cording to the following percentages:   until full payment of the amount due has been received,   ford),  Coh.  (Cohen),  Crippa,  Dav.  (Davenport),  Di  Giulio,   the “droit de suite” to the Italian Society of Authors and   ties and possible defects and flaws. In the event of a lack
 mated  values  published  in  the  catalogue  do  not  include   Classic cars’ auctions:  in addition to the hammer price, the   the lots shall be kept at Aste Bolaffi’s premises and insured   D.O.C.  (Dumbarton  Oaks  Collection),  Friedb.  (Friedberg),   Publishers (SIAE). In addition to the price and the buyer’s   of conformity duly reported within the terms, the buyer
 Aste Bolaffi’s buyer’s premium, the costs of droit de suite   buyer shall pay a fixed buyer’s premium of 15% on each lot.   with  adequate  coverage  at  the  expense  of  Aste  Bolaffi.   Gad.  (Gadoury),  Galeotti,  Gig.  (Gigante),  Gav.  (Gavello)   shall be entitled: (i) primarily, to the free repair or replace -
 (artist’s  resale  royalty),  customs  and  export  duties  and   Classic  motorcycles’  auctions: in addition to the hammer   The obligation to deliver the lots sold is subject to full set -  Guadàn, Gulbenkian, Haeb. (Haeberlin) Heiss, Herzfelder,   premium and other expenses, the buyer agrees to pay the   ment of the lot, according to his/her choice, except when
 fees and VAT (if any). All copyrights related to images, il -  price, the buyer shall pay a fixed buyer’s premium of 19% on   tlement of all sums due to Aste Bolaffi by the buyer. Aste   Jenkins  and  Lewis,  Krause,  Mesio,  Müller,  Mont.  (Monte -  “droit de suite”, which should be paid to the Seller under   the requested remedy is impossible or excessively expen -
 lustrations, text, captions and descriptions in Aste Bolaffi   each lot.   Bolaffi  does  not  assume  the  obligation  to  arrange  ship -  negro), Mont. Ve. (Montenegro Venezia), Muntoni, M.zu.A.   Article 152, paragraph I, of Italian Law no. 633 of 22 April   sive  to  perform  compared  to  the  other  option;  (ii)  sec -
 catalogues are and will remain the exclusive property of   Numismatic  and  philatelic  auctions:  in addition to the   (Miller  zu  Aicholds),  Pag.  (Pagani),  Pozzi,  Rav.  (Ravegnani   1941.  The  “droit  de  suite”  will  be  charged  in  accordance   ondly, (i.e. where the repair or replacement is impossible
 Aste Bolaffi. Such images, illustrations, text, captions and   hammer  price,  the  buyer  shall  pay  the  following  buyer’s   ment of lots, which must be picked up from Aste  Morosini),  R.I.C.  (Roman  Imperial  Coinage),  Rizzo,  Seaby,   with Article 10 above.  or  prohibitively  expensive  or  the  repair  or  replacement
 descriptions may not be used or reproduced by the buy -  premium on each lot: 22% on the portion of the hammer   Bolaffi’s premises. The lots shall be delivered to the buy -  Sears, Schl. (Schlumberger), Sim. Simonetti. Philatelic auc -  20 – Absence of the right of withdrawal  has not been carried out within a reasonable time or the
 er and/or third parties without Aste Bolaffi’s prior written   price  up  to  €  250,000;  20%  on  the  portion  between  €   er at the buyer’s expense and care, no later than 5 (five)   tion: The numbering refers to that of Bolaffi and Sassone   Online offers and sale of lots online by Aste Bolaffi con -  previous repair or replacement caused significant incon -
 consent.  250,001 and € 500,000; 18% on portions over € 500,001.   working  days  from  the  date  of  sale.  If  the  buyer  fails  to   catalogues for the Ancient Italian States, Kingdom of Italy,   stitute  a  distance  contract  governed  by  Chapter  I,  Title   venience to the buyer) to a price reduction or termination
 For all other auctions: in addition to the hammer price, the   collect  the  lots  within  this  deadline  Aste  Bolaffi  shall  be   Italian  Republic  and  Italian  countries,  to  the  Yvert-Telli -  III  (Arts.  45  et  seq.)  of  the  Consumer  Code  and  Italian   of the contract, according to his/her choice. The request -
 3 – Inspection of lots prior to the auction  buyer shall pay the following buyer’s premium on each lot:   entitled to charge the buyer an amount equal to 1% of the   er  catalogue  and  to  the  Unificato  for  Europe  and  to  the   ed  remedy  is  too  expensive  if  it  imposes  unreasonable
 Prospective  buyers  are  able  to  examine  lots  before  the   25% on the portion of the hammer price up to € 100,000;   sale price for each month of delayed collection of the lots   Yvert-Tellier and Stanley Gibbons catalogue for Overseas.   Legislative  Decree  no.  70  of  9  April  2003,  containing  the   costs on the Seller in comparison to alternative remedies
 auction on days and during the times established at Aste   22.5% on the portion between € 100,001 and € 250,000;   plus a minimum charge of € 5 a day for each lot purchased.   Any reference to other catalogues will be indicated spe -  provisions  governing  e-commerce.  Article  59,  paragraph
 Bolaffi’s discretion. Individuals may handle lots on display   20% on the portion between € 250,001 and € 500,000; 18%   Upon receipt of payment and when requested by the buy -  cifically.  1, sub-para. m) of the Consumer Code excludes the right   that may be exercised, taking into account (i) the value
 at their own risk. Some large or heavy items may be dan -  on portions over € 500,001. The buyer’s premium in favour   er, the lots may be shipped by registered mail at the risk   of  withdrawal  as  regards  contracts  concluded  in  a  pub -  that the lot would have if it were not for the lack of con -
 gerous  if  handled  incorrectly  and  may  only  be  handled   of Aste Bolaffi is inclusive of VAT.   and expense of the buyer.   17 – Terms used in catalogues  lic auction, as the auctions organised by Aste Bolaffi are,   formity; (ii) the extent of the lack of conformity; (iii) the
 with the assistance of Aste Bolaffi Staff.   Furniture and paintings auction: Guido Reni:  in our opin -  which also provide the opportunity of participating online.   possibility that the alternative remedy may be completed
 8 – Auction fees for the sale of lots with standard VAT  12 – Exporting lots  ion authentic work by the artist. Guido Reni (attributed):   Therefore, there is no right of withdrawal in relation to lots   without significant inconvenience to the buyer.
 4 – Participation in the saleroom  The  ± symbol after the lot number indicates standard   Customs  and  export  costs  shall  be  borne  by  the  buyer.   in our opinion probably work at least partly done by the   auctioned in this manner.
 In order to improve auction procedures, all potential buy -  VAT and a buyer’s premium that differs from that normally   Applications  to  the  relevant  authorities  and  entities  for   artist. Guido Reni (workshop): in our opinion work creat -  24 – Applicable law
 ers are required to obtain a numbered bidding paddle be -  used for lots sold in the margin scheme. These premiums   the  issuance  of  the  certificate  of  free  circulation  for  ex -  ed in the artist’s workshop, but by an unidentified artist.   21 – Sale with retention of title  These Terms and Conditions and every sales contract with
 fore the start of the public auction for use when making   vary depending on where the goods are shipped:   port, in accordance with the applicable legislation on such   Guido Reni (circle): in our opinion the work of an unidenti -  Lots are awarded or sold by Aste Bolaffi with retention of   Aste Bolaffi and/or the Seller shall be governed in all re -
 bids. Buyers may also pre-register during the pre-auction   - goods that remain within the EU:   matters, will be made by the auction house on behalf of   fied artist, produced during the lifetime of the cited artist.   title  under  Article  1523  of  the  Italian  Civil  Code  and  the   spects by Italian law.
 viewing days. By completing and signing the registration   1. Buyer’s premium rate for VAT exempt buyers: 15% (classic   the buyer. The buyer is required to pay the expenses upon   Guido Reni (follower): in our opinion the work of an uni -  ownership of the lots will be transferred to the buyer only   25 – Jurisdiction
 form and being given a numbered paddle, buyers accept   cars and motorcycles); 18% (all other categories).   receipt of the invoice. Approximately 10-12 weeks are re -  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
 these Terms and Conditions. Aste Bolaffi reserves the right   2. Buyer’s premium rate for VAT payers: the same as those   quired to obtain the export licence. Lots in the Temporary   potentially produced at a later date. Guido Reni (style): in   risk  of  loss  or  damage  of  lots  will  be  transferred  to  the   any  sales  contract  with  the  Seller  and/or  Aste  Bolaffi,
 to ask bidders for information and documents for identi -  applied for the VAT margin scheme.  Import  regime  and  coming  from  abroad  are  authorised   our opinion a work executed in the style of the artist in   buyer  upon  their  delivery.  The  obligation  to  deliver  sold   including  those  relating  to  their  interpretation,  execu -
 fication  purposes  as  well  as  information  regarding  bank   3. VAT on the hammer price at the following rates:  to  remain  in  Italy  for  a  determinate  amount  of  time  and   contemporary  or  quasi-contemporary  times.  Guido  Reni   lots is subject to the prior payment of the price due and of   tion,  termination  or  validity,  shall  be  referred  exclusively
 references.  In  some  situations,  Aste  Bolaffi  reserves  the   • books  4%  are exempt from the relevant safeguard provisions in the   (manner or school): in our opinion a work executed in the   any other amount due to Aste Bolaffi in full by the buyer   to the Court of Turin, except in cases where the buyer is
 right to require bidders to pay a deposit to guarantee the   • stamps  10%  Code  of  Cultural  Heritage.  For  this  reason  it  will  not  be   style of the artist by an unidentified artist but who is in -  according to these Terms and Conditions.   a  “consumer”  under  Art.  18,  paragraph  1,  sub-para.  a)  of
 payment of the sale price and auction commission. Aste   • all other categories   22%;  necessary to apply for a free circulation certificate to leave   fluenced by him/her, even in a period well after the artist’s   22 – Post-auction sales  the Consumer Code (Italian Legislative Decree no. 206 of
 Bolaffi may, in its sole discretion, ban unwelcome or un -  4. VAT on buyer’s premium payable at 22%.  Italy.  Temporarily  imported  lots  cannot  be  collected  by   death. From Guido Reni: in our opinion a copy of a known   In the thirty days following the auction date, Aste Bolaffi   6 September 2005) in which case it will be settled by the
 suitable  bidders  from  entering  the  saleroom.  If  a  bidder   - goods that are shipped outside the EU:  buyers, but must be shipped by the auction house at the   painting of the artist. Signed/Dated/Inscribed: in our opin -  offers the chance to purchase any lots still unsold online   court of residence or domicile of the consumer. Pursuant
 is acting in the name and on behalf of another person or   The buyer’s premium rates are the same as those applied   expense of the buyer.   ion the signature and/or date and/or inscription is by the   in the “Compra Subito ( Buy Now)” section of the website   to Art. 141-sexies, paragraph 3 of the Consumer Code, Aste
 entity a suitable power of attorney must be shown before   for the VAT margin scheme.   artist’s hand. Bears signature/bears date/bears inscription:   www.astebolaffi.it, where it is possible to make a binding   Bolaffi  informs  the  buyer  who  qualifies  as  a  “consumer”
 the auction takes place. Aste Bolaffi reserves the right to   VAT  refund.  Non-European  buyers  that  are  exempt  from   13 – No guarantees on lots  in our opinion the signature/date/inscription appears to be   offer for the lots that are still available, at the auction start-  that when a complaint or application is submitted in rela -
 refuse agents or brokers of third parties to participate in   paying VAT are eligible for a refund of the VAT paid on the   Without prejudice to the provisions in Article 23 below, all   of another hand and/or of other era. Aste Bolaffi reserves   ing price plus the traditional buyer’s premium. Aste Bolaffi   tion to which it has not been possible to resolve the dis -
 an auction if, in its opinion, power of attorney has not been   lots are sold “as is” by Aste Bolaffi on behalf of the Seller   the right to express its own opinion related to the artist,   reserves the right to refuse the offer received.   pute in question, Aste Bolaffi will provide the information
 demonstrated. A bidding paddle must be used to indicate   hammer price if they present an official document (customs   with any flaws, defects, imperfections, damage and/or lack   attribution,  origin,  dating,  provenance  and  condition  of   23 – Legal warranty for consumers  about the Alternative Dispute Resolution body or bodies
 bids to the auctioneer during the auction. In the event of   declaration) attesting to the export of the goods from the   of quality present at the time of the auction. Each auction is   the lots in the catalogue. It is, in any case, an opinion and   If  the  Seller  of  a  lot  is  a  “professional”  pursuant  to  the   for out-of-court settlements of disputes relating to obliga -
 any doubts regarding the hammer price or the successful   European  Union  within  90  days  of  delivery.  Non-resident   preceded by a public viewing that allows potential buyers   should not be considered in any way an expert judgement.  provisions  of  Art.  18,  paragraph  1,  sub-para.  b)  of  the   tions arising from a contract concluded under these Terms
 bidder,  participants  should  attract  the  auctioneer’s  at -  buyers  that  are  VAT  payers,  domiciled  in  European  Union   to examine the lots in person or through trusted represent -  Philatelic auction:  Consumer  Code  (Italian  Legislative  Decree  no.  206  of  6
 tention  immediately.  All  lots  sold  will  be  invoiced  to  the   countries or non-EU countries, can request a refund of the   atives,  and  establish  their  authenticity,  state  of  conserva -  K mint D cancelled O front cover   September 2005), a legal warranty of conformity will be   and Conditions (the so-called ADR bodies, as specified in
 name and address provided when the bidding paddle is   VAT paid on the hammer price and the 22% VAT calculated   tion,  provenance,  characteristics,  qualities  and  possible   L  hinged  N  fragment  A  letter-aerogramme  I  without   applied to the lot awarded or sold through Aste Bolaffi   Articles 141-bis et seq. of the Consumer Code), specifying
 assigned and may not be transferred to other name and/or   on the buyer’s premium, by presenting an official document   defects and flaws. Each potential buyer is responsible for   gum  under Articles 128-135 of the Consumer Code (hereinafter   whether or not it intends to resort to the use of such bod -
 address. Aste Bolaffi will not accept any complaint or claim   (CMR or customs declaration) attesting to the export of the   inspecting  a  lot  before  purchasing  to  ensure  that  it  com -  Numismatic  auction:  Ac  (Acmonital),  Ae  (Bronze),  Ag   “Legal Warranty ”).  The  Legal  Warranty  is  reserved  only   ies  to  resolve  the  dispute.  Aste  Bolaffi  also  states  that  a
 for paddle loss or theft. At the end of the auction, the pad-  goods from the European Union within 90 (ninety) calendar   plies  with  the  descriptions  and  pictures  in  the  catalogue   (Silver),  Al  (Aluminium),  An  (Antimonium),  Au  (Gold),  Ba   to buyers who are natural persons and participate in the   European platform for the on-line resolution of consumer
 dle must be returned to the registration desk.  days after delivery. If the goods are shipped outside the Eu -  and,  where  appropriate,  seeking  the  opinion  of  a  scholar   disputes  (so-called  ODR  platform)  has  been  established.
 ropean Union by the auction house, the aforementioned re -  (Bronzital), Cn (Copper-nickel), Cu (Copper), El (Electro), It   auction  or  sale  for  purposes  that  do  not  fall  under  the   The  ODR  platform  can  be  viewed  at  the  following  web
 5 – Participation by mail, via telephone or online  fundable VAT will not be included on the invoice.   or an independent expert to verify its authenticity, prove -  (Italma),  M.b. (White metal),  Ma (Silver-plated metal),  Md   categories of trade, industry, craft or other professional   address http://ec.europa.eu/consumers/odr/; through the
 By submitting and signing the designated forms, the par -  nance, attribution, origin, date, age, period, cultural origin   (Gilded  metal),  Mi  (Mixture),  Ni  (Nichel),  Ott.  (Brass),  Pb   activities.  Since  all  lots  are  “preowned  goods”  pursuant   ODR  platform  the  consumer  user  can  consult  the  list  of
 ticipant  agrees  to  take  part  in  the  relevant  auction  and   9 – Lots being sold under Temporary Import regime  or  source  and  condition.  Upon  request  and  for  guidance   (Lead), Pe (Pewter), Pl  (Platinum), Sn  (Tin), Zn  (Zinc)  to and for the purposes of Art. 134, paragraph 2, of the   ADR bodies, find the link to the website of each of them
 agrees  to  pay  the  hammer  price  and  buyer’s  premium  if   The symbol  E after the lot number indicates its Temporary   only,  Aste  Bolaffi  can  provide  written  reports  (“condition   Jewellery auction: Cartier Jewel. This wording implies that   Consumer Code, the Seller is liable to the buyer for any   and start an online resolution procedure of the dispute in
 his or her offer(s) is or are successful. The participant also   Import status within Italy. Lots purchased under the Tem -  reports”)  that  can  supplement  the  catalogue  information.   in our opinion the object is, due to signatures, characteris -  lack of conformity which exists at the time of delivery of   which they are involved.
 agrees to verify at the end of the auction if his or her offer(s)   porary Import regime cannot be collected directly by the   Except in cases where defects or material flaws have inten -  tics, marks, attributable to the maison indicated. It is under-  the product and that become apparent within 1 (one) year
 has or have been successful, exempting Aste Bolaffi from   buyer, but must be shipped by the auction house, at the   tionally been concealed from the buyer, Aste Bolaffi gives   stood  that  any  written  or  verbal  representation  provided   from the date of delivery. The lack of conformity must be
 any liability in this regard. Claims due to negligence or error   expense of the buyer, once the Temporary Import proce -  no  contractual  guarantee  regarding  the  sale  of  the  lots   by Aste Bolaffi, including those contained in the catalogue,   reported to Aste Bolaffi or to the Seller, under penalty of   WHEN  SUBMITTING  ABSENTEE  BID,  SALEROOM  BID,
 in the filling out of written offers will not be accepted. Aste   dure has been closed.   even against loss of rights of title since the sale is at the risk   reports, comments or appraisals concerning any character -  forfeiture of the warranty, within two months from the   TELEPHONE  OR  ONLINE  BID,  THE  BIDDERS  CONFIRMS
 Bolaffi declines all liability to persons participating in the   10 – Payment  and danger of the buyer pursuant to and with the effects of   istic of a lot, such as authorship, authenticity, provenance,   date it was discovered. Unless proved otherwise, any lack   THAT THEY HAVE READ AND ACCEPTED ALL THE TERMS
 auction by telephone and or online in the event of non-par-  Payment must be made by buyers in the saleroom at the   Article 1488, paragraph 2, of the Italian Civil Code.  attribution,  origin,  date,  age,  period,  cultural  origin  or   of conformity which becomes apparent within six months   AND CONDITIONS OF SALE AS LISTED ABOVE.
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