Russian Art

GENERAL CONDITITIONS

Payment is in euro and is expected almost immediately after bidding
for an item. We accept cash, pre-approved cheque or credit card.
Bank commissions and expenses have to be paid by the buyer.
Coutau-Bégarie Auction House guarantees the authenticity of
attribution of property listed in the catalogue which can be modified
by saleroom notices or oral indications given at the time of the sale,
recorded in the official sale record.
The correctness of the catalogue or other description of the physical
condition, size, quality, rarity, importance, medium, provenance,
exhibitions or historical relevance of any property is a statement of
opinion only.
Any illustrations in the catalogue are solely for the guidance of
prospective buyers and are not to be relied upon in terms of colour
or necessarily to reveal imperfections in any lot.
Many lots are of an age or nature which precludes their being in mint
condition and some descriptions in the catalogue make reference to
damage or restoration. Such information is given for guidance only
and the absence of such a reference does not imply that a lot is free
from defects not either does any reference to particular defects
imply the absence of others.
It is the responsibility of prospective bidders to inspect the property
before bidding to determine its condition, size and to determine if
it has been repaired or restored and to request a condition report.
Buyers must satisfy themselves to all matters referred above by
inspection or otherwise prior to the date of the auction. They should
carefully inspect items about the condition of each lot, as this is not
necessarily stated in the catalogue.
A buyer’s premium will be added to the successful bid price and is
payable by the purchaser based on a percentage of the hammer
price. It is important to remember that there is 28,80% TTC (buyers
premium 24% + TVA 20%) on top of the hammer price.
Subject to any reserve price, the highest bidder shall be the buyer
and a dispute shall be settled by the auctioneer who may at any time
at his absolute discretion and regardless of the fall of the hammer
re-open the bidding or withdraw the lot from sale.
Every item becomes the entire responsibility of the new owner for
any damages as soon as the auctioneer announces that an item has
been sold.
Once payment is received you will be issued an invoice and a
collection sheet. Items can be collected after payment has been
made. Buyers cannot take possession of or remove their purchases
from the auction until the total purchase price, including applicable
taxes or fees, has been paid in full.
All property must be removed from either our premises by the
purchaser at his expense as soon as possible after the sale otherwise
an handling charge, until its removal, will be payable to the Auction
House by the purchaser.
In the event a successful bidder fails to pay any amounts due, within
one month, the Auction House reserves the right to cancel the sale
and re-sell the lot according to the « Folle Enchère » French law (Law
of July 10th 2000). The purchaser will be charged for all the expenses
caused by the re-auctioning of the property. If the new auction price
does not reach the former one, the failing purchaser have to pay the
difference.
In any case, the purchaser will be liable for any deficiency, any and all
costs, handling charges, late charges, expenses, legal fees, expenses
and incidental damages.
Drouot Live platform : Additional costs of 1.50% excl. VAT will be
applied (1.80% VAT incl.).
Invaluable Live platform : Additional costs of 3% excl. VAT will be
applied (3.60% VAT incl.).