Catalog: Spring Auction: May 24th and 25th Sale

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Spring Auction: May 24th and 25th Sale

Antiques & Decorative Arts

Koller

Swiss franc (CHF)

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Koller Geneva: Spring Auctions on 24-25 May with 20th century decorative arts, crafts, books, autographs, paintings

Terms and Conditions

By participating in the auction the bidder accepts the following auction conditions.

1. The auction objects are auctioned in the name and on the account of the supplier or one of the third parties designated by him. The bid in Swiss francs is accepted from the highest bidder recognised by the auctioneer. In principle, the auctioned item is handed over to the buyer only in return for bank transfer or cash(in person) payment. The invoice for a successful bid for an auctioned item is payable within 7 days from the end of the auction. GALERIE KOLLER may use any payment by the purchaser as settlement for any debt which the purchaser owes to GALERIE KOLLER and set off any debt which it owes to the purchaser against its own claims. If the successful bidder defaults on a payment, default interest of 15% p.a. is charged upon the invoiced sum.

2. In addition to the bid price, the successful bidder must pay a surcharge calculated as follows:

(i) on a successful bid of up to Sfr. 400,000.–: 22.5 %;

(ii) on a successful bid over Sfr. 400,000.–: 22.5% on the first Sfr. 400,000.– and 15% on the difference between Sfr. 400,000.– and the bid.

If the winning bid is placed in the course of an Internet live online auction through  www.ebayliveauctions.com (“Online Auction”), respectively, the surcharges are subject to the conditions published on the respective Internet sites.

3. The purchaser must pay Swiss Value Added Tax («VAT») on the surcharge. The stated percentage of the surcharge relates to the successful bid for each individual item. The purchaser agrees that, if GALERIE KOLLER acts as agent for the party offering the goods for sale, GALERIE KOLLER receives a commission from the latter.

The full tax is charged on all items marked *, i.e. VAT is charged on the successful bid and the surcharge for those items. The VAT is refunded to purchasers providing a validly stamped export declaration.

4. The items are auctioned in the condition existing at the time of the successful bid. Without prejudice to Clause 5, no guarantee or warranty whatsoever is given against legal and material defects. The items can be inspected while exhibited. The items are described to the best of our knowledge and belief but GALERIE KOLLER cannot accept any liability for the particulars given in the catalogue. GALERIE KOLLER reserves the right to call in experts or specialists of its choice to give an opinion and to rely upon that opinion. GALERIE KOLLER cannot be held liable for the correctness of that opinion.

5. The auction house is prepared of its own free will to cancel the successful bid and to refund the bid price, the surcharge and the VAT if within 2 years (3 weeks in the case of jewellery) from the date of the successful bid the purchased item is found to be a deliberate modern forgery. A deliberate modern forgery is deemed to be an imitation which may be proven to have been made after 1880, produced with the intention to deceive whether with regard to the originator, origin, date, age, period, cultural society or source without this being shown in the catalogue and if, at the time of the sale, its value was less than the value of an item corresponding to that described in the catalogue. However, GALERIE KOLLER‘s warranty does not in any way apply to the attribution of authorship and/or period of paintings, watercolours, drawings and sculpture which were or , according to the particulars given in the catalogue, should have been created before 1880.

A refund requires that the successful bidder makes a complaint to GALERIE KOLLER by registered letter immediately after the discovery of the defect and returns the forged item to GALERIE KOLLER in the same condition as it was sold to him and unencumbered by third parties’ claims. The successful bidder must provide proof that the auctioned item is a forgery when compared with the description in the catalogue and that the item is indeed the auctioned item.

No claims of any kind may be made if the description in the catalogue corresponds to the latest specialist knowledge or the opinion of the majority of authoritative experts at the time when the catalogue was prepared and/or if the fake could not be recognised in accordance with the latest research and with generally accepted and practised scientific methods at the time when the catalogue was prepared or could only have been recognised by means of a scientific process which was unreasonably expensive or impractical to use or was likely to have caused damage to the property.

6. A bid is a binding offer. The bidder remains bound by his bid until a higher bid is given or until it is rejected by the auctioneer. In the event of a double bid, the call for bids is immediately made once again; in doubtful cases the auction management decides. Ownership is transferred to the purchaser with the successful bid. GALERIE KOLLER retains a right of retention and a lien on all the purchaser’s items in its custody until full payment of all monies owed. GALERIE KOLLER may exercise such liens by private sale or in accordance with the legislation on the enforcement of debts on whatever conditions seem appropriate.

7. Bidders who are not personally known to GALERIE KOLLER are required to prove their identity before the auction begins. GALERIE KOLLER reserves the right to request proof of financial soundness in the case of successful bids of more than Fr.10,000. –. If such proof is not provided, GALERIE KOLLER may request an immediate payment on account of 10% of the successful bid in cash or a guarantee. If the payment on account is not made or the guarantee not provided, GALERIE KOLLER may cancel the successful bid.

8. GALERIE KOLLER may refuse a bid without giving reasons. GALERIE KOLLER may also knock down or withdraw auctioned items without a sale. GALERIE KOLLER reserves the right at its discretion to forbid any person entry to its premises or attendance at or participation in its auctions.

9. GALERIE KOLLER reserves the right to combine, separate or omit numbered lots in the catalogue or to offer them out of sequence. GALERIE KOLLER reserves the right to sell lots conditionally at its sole discretion. The hammer price will be considered as conditional, and the highest bidder will remain bound by his bid for 14 days following the auction. The highest bidder will be released from all obligations if he does not receive a statement from GALERIE KOLLER within this period declaring the hammer price as final.

10. The auctioned items must be collected at the purchaser’s own expense within 7 days from the end of the auction. The opening hours of GALERIE KOLLER are the following: Monday to Friday from 9 a.m. to 12 p.m. and from 1.30 p.m. to 6 p.m. The gallery is closed on Saturdays. If time permits, the items are handed over after each session. They are handed over in return for payment in cash pursuant with Clause 1. Cheques offered as payment must be confirmed by the drawee bank before the auctioned item is handed over.

During the said period GALERIE KOLLER is liable for loss, theft, damage or destruction of items which have been auctioned and paid for but only up to the total of the auction price, surcharge and VAT. GALERIE KOLLER ceases to have liability after the said period. No liability can be assumed for frames and glass. If the auctioned items are not collected within 7 days, they are stored at the successful bidder’s expense and risk. In such cases, the fees incurred are added to the bid price.

Three weeks after the auction, all furniture and furnishings over 50 cm in bigness will be sent for storage to the warehouse of Welti-Furrer Fine Art AG, Pfingstweidstrasse 3, 8005 Zürich. The objects may be collected at the warehouse by contacting Welti-Furrer Fine Art AG directly. All storage costs will be invoiced to the buyer by Welti-Furrer Fine Art. Storage is subject to the business conditions of Welti-Furrer Fine Art AG, which are available upon request from Welti-Furrer Fine Art AG.

GALERIE KOLLER accepts written instructions concerning transport. Unless otherwise agreed in writing, items to be transported are insured by GALERIE KOLLER at the principal’s expense. Glass-covered pictures and fragile items are not despatched by GALERIE KOLLER.

11. If payment is not made or is not made promptly (Clause 1), GALERIE KOLLER may at its discretion claim fulfilment of the purchase agreement or cancel the successful bid at any time without allowing a period of notice or giving any other notification. The successful bidder is liable for all prejudice caused by non-payment or late payment and, should the successful bid be cancelled, particularly for any loss of proceeds if the auctioned item is sold elsewhere.

12. Each successful bidder acquires personal liability for the bid accepted from him. Proof of the power of representation may be requested from persons bidding as agents for a third party or as an organ of a corporate body. The agent is jointly and severally liable with his principal for the fulfilment of all obligations.

13. Written bids from potential buyers who cannot attend the auction in person are accepted up to 24 hours before the bidding begins.

Potential buyers may bid by telephone if they have given written notice at least 24 hours before the auction begins. We do not accept telephone bids for amounts under CHF 500.-. Please leave a written bid or participate in the salesroom.

Potential buyers who intend to place their bids in the course of an Online Auction via the Internet may participate in the auction after their registration applications were approved by Galerie Koller. Galerie Koller reserves the right to decline registration applications at its discretion.

GALERIE KOLLER refuses all liability for any kind of bids as well as advance notifications of telephone bidding which are not taken into consideration. Telephone bidders and persons giving written instructions are also subject to the provisions of Clause 7 relating to proof of identity and of financial soundness. For bidders placing bids in the course of an Online Auction via the Internet Clause 7 only applies with regards to financial soundness. This is in any event without prejudice to Clause 8.

14. The auction is attended by an official of the Zurich City Mayor’s Office. The attending official, the local authority and the State have no liability for the acts of GALERIE KOLLER.

15. GALERIE KOLLER reserves the right to publish illustrations and photographs of sold items in its own publications and the media and to publicise its services therewith.

16. The foregoing conditions form part of each individual sales agreement concluded at the auction. Amendments are binding only with GALERIE KOLLER’S written agreement.

17. Swiss law alone is applicable to all business relations with GALERIE KOLLER as well as to all business relations resulting from and arising out of the sale at auction.

The place of performance is Zurich and the courts of Zurich 1 have jurisdiction. GALERIE KOLLER may, however, bring legal action before any other competent court.

Location of Items

Geneva, Switzerland

Auction Currency

(CHF) Learn more

Bid Increment Table

Minimum Value	Maximum Value	Expected Bid Increment
from CHF 0.00	to CHF 799.00	CHF 50.00
from CHF 800.00	to CHF 1,999.00	CHF 100.00
from CHF 2,000.00	to CHF 2,999.00	CHF 200.00
from CHF 3,000.00	to CHF 4,999.00	CHF 300.00
from CHF 5,000.00	to CHF 7,999.00	CHF 500.00
from CHF 8,000.00	to CHF 19,999.00	CHF 1,000.00
from CHF 20,000.00	to CHF 29,999.00	CHF 2,000.00
from CHF 30,000.00	and above	CHF 3,000.00
In live auctions, bid increments may change rapidly. The auction house may not follow the bid increment table at all times.

Buyer Premium Table

Minimum Value	Maximum Value	% Buyer's Premium
from CHF 0.00	to CHF 19,999.00	22.5%
from CHF 20,000.00	and above	22.5%

Expert Contact

Name:	Koller Geneva
Email:	geneva@galeriekoller.ch
Telephone Number:	41 22 311 03 85

Administrative Contact

Name:	Karl Green
Email:	green@galeriekoller.ch
Telephone Number:	41 22 311 03 85

Preview Information

Auction House Requirements

Seller Requires all bidders to contact and obtain permission to bid.

Payment Conditions

Other,See Catalog description for payment methods accepted

Shipping Options

Seller ships internationally (worldwide).

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