TERMS AND CONDITIONS
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 27,6% TTC (buyers premium
23% + 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.
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.
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.
PHONE OR ABSENTEE BIDS
The Auction House will execute absentee
bids and accept telephone bids as a
courtesy to clients who are unable to attend
the auctions.
“Phone or Absentee Bid” forms are available
online or from the head office.
Therefore, we take no responsibility for any
errors or omissions in connection with this
service.
For the Phone bid, when the auctioneer is
approaching the particular lot number, a
staff member will phone and you can instruct
them to bid on your behalf.
For the Absentee bid, you must nominate an
amount indicating the maximum price you
are prepared to pay for the item.
The auctioneer will bid on your behalf until
the price has reached your nominated
amount.
If bidding doesn’t reach this amount, you
win the item for the price at which the bidding
ceased.
