CONDITIONS OF SALE JEAN-DAVID CAHN AG
Auctions of Art and Antiquities.
The adjudication of the lot is payable in Swiss currency immediately after the sale. A buyer’s premium of 25% on the hammer price is charged.
Delivery in Switzerland:
- In addition to this the Swiss VAT of 7.7% is charged on both the hammer price and the buyer’s premium.
- The Swiss VAT on the hammer price and on the buyer’s premium is refunded after receipt of the official export papers provided by Swiss customs.
Foreign and Swiss customs, duty and other fees are borne by the buyer. It is the responsibility of the buyer to comply with Swiss and foreign exchange regulations. The organizer of the auction declines all responsibility for any consequences arising from contravention of such regulations.
Purchases will be dispatched in the buyer’s name and at his expense as soon as possible upon receipt of full payment. An interest of 1.5% per month will be charged for delayed payments after 30 days. These conditions are valid for all objects included in this catalogue.
Objects that are not collected within 30 days after the auction can be stored in a warehouse without prior notification of the buyer and at his cost and risk.
Bidders are kindly requested to disclose their identity before the auction and to register. The organizer of the auction reserves the right to ask for a banking reference or any other guarantee.
The descriptions given in this catalogue are all set out in good faith, nevertheless their accuracy cannot be guaranteed. The pieces are sold in the condition at the time of the acceptance of a bid. All liability for any damage or loss during transportation is excluded. Insurance during transportation is at the buyer’s responsibility. Concerns regarding the authenticity of a piece or other substantiated complaints are to be made in writing to the organizer of the auction at its legal seat at Malzgasse 23, Basel 4052 Switzerland within fourteen days after the receipt of the purchased items and the latest 30 days after adjudication. Any other complaints are to be made in writing to the organizer of this auction within eight days after the receipt of the purchased items and the latest 30 days after adjudication. ANY COMPLAINTS MADE LATER CANNOT BE CONSIDERED FURTHER.
Every buyer is personally liable for all purchases made; he cannot claim to act for a third party or person. The buyer is liable for any damages caused by delayed payments, in particular for currency and interested losses.
The sale will proceed in the order of the numbers of the catalogue, which can be modified by the auctioneer without giving reason. The highest bid goes to the buyer. The auction house reserves the right to refuse a bid without stating reasons. The auction house excludes any responsibility.
Registering and/or bids at the sale imply unconditional acceptance of all conditions of sale. All bids will be carried out in good faith.
WRITTEN BIDS BELOW THE STARTING BID CANNOT BE TAKEN INTO ACCOUNT IN MOST CASES.
Internet bids are made at the sole risk of the bidder. The auction house excludes any liability, including technical problems.
The business is done at the location of the gallery in Basel, which is therefore the place of performance of the transactions and of the court of jurisdiction. The courts of the canton Basel-Stadt are exclusively responsible for all litigations between the buyer and the organizer of the auction sale. The buyer recognizes by his participation this exclusive right of the court of Basel-Stadt and of it jurisdiction. The auction and all consequent sales are held under Swiss jurisdiction excluding the Convention of International Sale of Goods (CISG). ALL PARTIES RECOGNIZE THE EXCLUSIVE CHOICE OF SWISS JURISDICTION WITH ANY MATTER ARISING FROM THE ORGANISATION AND PERFORMANCE OF THE AUCTION SALE.
In all other respects, the conditions are those customary of auction sales held in Basel.