171 / 174
this premium.This amount will form part
of the Buyer’s Premium on our invoice
and will not be separately identified.
Lots with † single dagger symbol
(property sold by European Union
professionals)
Where there is the † single dagger
symbol next to the Lot number or the
estimate, the Lot is sold outside the
margin scheme by European Union (EU)
professionals.VATwill be charged to
the buyer (currently at a rate of 20% or
5.5% for books) on both the Hammer
Price and Buyer’s Premium subject
to a possible refund of such VAT if the
Lot is exported outside the EU or if it is
removed to another EU country (see also
paragraph below).
VAT refund for property with † single
dagger symbol (for European Union
professionals)
VAT registered Buyers from other
European Union (EU) countries may have
the VAT on the Hammer Price and on the
Buyer’s Premium refunded if they provide
Sotheby’s with their VAT registration
number and evidence that the property
has been removed from France to
another country of the EU within a month
of the date of sale.
Lots with
Ƅ
(double dagger) or
Ω (omega) symbols (temporary
importation)
Lots with the
Ƅ
(double dagger) or Ω
(omega) symbols next to the Lot number
or the estimate have been imported
from outside the European Union (EU)
and are to be sold at auction under
temporary importation.The Hammer
Price will be increased by additional
expenses of 5.5% (
Ƅ
) or of 20% (Ω) and
the Buyer’s Premiumwill be increased of
VAT currently at a rate of 20% (5.5% for
books).These taxes will be charged to the
Buyer who can claim a possible refund of
these additional expenses if the property
is exported outside the EU (cf. see also
paragraph below).
VAT refund for non-European Union
Buyers
Non-European Union (EU) buyers may
have the amount in lieu of VAT (for Lots
sold under the margin scheme) and any
applicable VAT on the Hammer Price
and on the Buyer’s Premium refunded
if they provide Sotheby’s with evidence
that the Lot has been removed from
France to another country outside the
EU within two months of the date of sale
(in the form of a copy of customs export
documentation where Sotheby’s appears
as the shipper stamped by customs
officers).
Any Lot which is on temporary import
in France, and bought by a non EU
resident, will be subjected to clearance
inward (payment of the VAT, duties
and taxes) upon release of the Lot. No
reimbursement of VAT, duties and taxes
to the Buyer will be possible, except
if written confirmation is provided to
Sotheby’s that the temporary imported
Lot will be re-exported, and that the
French customs documentation
Certificate prior to the release of the
property, sales / use tax will not be
charged. Clients who wish to provide
resale or exemption documentation for
their purchases should contact Post
Sale Services.
Clientswhowishtohavetheirpurchased
lotsshippedtotheUSbySotheby’sare
advisedtocontactthePostSaleManagerof
thisonlinesalebeforearrangingshipping.
Endangered Species
:
Items made of or incorporating plant or
animal material, such as coral, crocodile,
ivory, whalebone, tortoiseshell, etc.,
irrespective of age or value, require a
specific licence from the French Ministry
of the Environment prior to leaving
France and may require additional
licences or certificates upon importation
to any country outside the EU. Please
note that the ability to obtain an export
licence or certificate does not ensure
the ability to obtain an import licence or
certificate in another country, and vice
versa. For example, it is illegal to import
African elephant ivory into the United
States and there are other restrictions
on the importation of ivory into the US
under certain US regulations which are
designed to protect wildlife conservation.
Sotheby’s suggests that buyers
check with their own government
regarding wildlife import requirements
prior to placing a bid. It is the buyer’s
responsibility to obtain any export or
import licences and/or certificates
as well as any other required
documentation.
Please note that Sotheby’s is not able
to assist buyers with the shipment of
any Lots containing ivory and/or other
restricted materials into the US.A buyer’s
inability to export or import these Lots
cannot justify a delay in payment or a
sale’s cancellation.
US Economic Sanctions
:
The United States maintains economic
and trade sanctions against targeted
foreign countries, groups and
organisations.There may be restrictions
on the import into the United States of
certain items originating in sanctioned
countries, including Burma, Cuba, Iran,
North Korea and Sudan.
The purchaser’s inability to import any
item into the US or any other country as
a result of these or other restrictions shall
not justify cancellation or rescission of
the sale or any delay in payment.
Please check with the specialist
department if you are uncertain as to
whether a Lot is subject to restrictions on
importation or exportation.
VAT RULES
LotswithnoVATsymbol(MarginScheme)
Where there is no VAT symbol, Sotheby’s
is able to use the Margin Scheme and
VATwill not normally be charged on the
Hammer Price. Sotheby’s must bear VAT
on the Buyer’s Premium and hence will
charge an amount in lieu of VAT (currently
at a rate of 20%or 5.5% for books) on
• Pictures and paintings in any medium
on any material more than 50 years old
(other than watercolours, gouaches and
pastels above mentioned) €150,000;
• Original sculpture or statuary and
copies produced by the same process
as the original more than 50 years old
€50,000;
• Books more than 100 years old singly
or in collection €50,000;
• Means of transport more than 75
years old €50,000;
• Original prints, engravings, serigraphs
and lithographs with their respective
plates and original posters €15,000;
• Photographs, films and negatives
there of €15,000;
• Printed Maps more than 100 years old
€15,000;
• Incunabula and manuscripts including
maps and musical scores single or in
collections irrespective of value;
• Archaeological items more than 100
years old irrespective of value;
• Dismembered monuments more than
100 years old irrespective of value;
• Archives more than 50 years old
irrespective of value;
• Any other antique, including jewels,
items more than 50 years old €50,000.
A licence may also be required to import
certain cultural goods in some countries.
It is the buyer’s responsibility to obtain
any relevant export or import licence.
Buyers are reminded that property
purchased must be paid for immediately
after the auction.The denial of any export
or import licence required or any delay in
obtaining such licence cannot justify the
cancellation of the sale or any delay in
making payment of the total amount due.
Please note that when applying for an
export or import licence for a property,
the authority issuing such licence may
express its intention to acquire the
property within the conditions provided
by law.
Sales and Use Taxes
Buyers should note that local sales taxes
or use taxes may become payable upon
import of items following purchase (for
example, use tax may be due when
purchased items are imported into
certain states in the US). Buyers should
obtain their own advice in this regard.
In the event that Sotheby’s ships
items for a purchaser in this sale to a
destination within a US state in which
Sotheby’s is registered to collect sales
tax, Sotheby’s is obliged to collect and
remit the respective state’s sales /
use tax in effect on the total purchase
price (including hammer price, buyer’s
premium, shipping costs and insurance)
of such items, regardless of the country
in which the purchaser resides or is a
citizen.
Where the purchaser has provided
Sotheby’s with a valid Resale Exemption
any financial release of the property
has been completed and any requisite
export licence or certificates has been
provided to Sotheby’s, Sotheby’s will
ship the purchased property to your
delivery address no later than thirty
(30) days from the closing date of the
relevant Online Only Auction, unless due
to circumstances outside of Sotheby’s
control or otherwise explicitly agreed.
All shipments should be unpacked
and checked on delivery and any
discrepancies notified immediately to the
party identified in your quotation and/or
the accompanying documentation.
Please note that due to COVID-19
restrictions there will be significant delays
in applying for, and obtaining, licences.
Sotheby’s recommends that you retain
all import and export papers, including
licences, as in certain countries you
may be required to produce them to
governmental authorities.
Please note that Sotheby’s is unable
to arrange delivery to those locations
which are specified as excluded zones
in the shipping costs calculator which
is available on the Online Only Platform
(each an“
Unavailable Destination
”).
In the event that you request delivery
of a Lot to an Unavailable Destination,
Sotheby’s reserves the right to require
you to collect the Lot from the Sotheby’s
storage facility at Gennevilliers (99
avenue Louis Roche, 92230 Gennevilliers,
France) or to arrange delivery of the Lot
by a third party carrier.
Export of Cultural Goods
The export of any property from France
(including to other Member States of
the European Union), as well as export
from the European Union, may be
subject to one or more export or import
licences being granted. Sotheby’s, upon
request and for an administrative fee,
may apply for a licence to export your
Lot(s) outside France.
An EU Licence is necessary to export
from the European Union cultural goods
subject to the EU Regulation on the
export of cultural property (EEC No.
3911/92, Official Journal No. L395 of
31/12/92).
A French Passport (‘
certificat pour un
bien culturel’
) is necessary to move from
France to another Member State of the
EU cultural goods valued at or above the
relevant French Passport threshold.A
French Passport may also be necessary
to export outside the European Union
cultural goods valued at or above the
relevant French Passport limit but below
the EU Licence limit.
The following is a selection of some of
the categories and a summary of the
limits above which either an EU licence
or a French Passport is required (this
selection is not exhaustive and there are
other restrictions):
• Watercolours, gouaches and pastels
more than 50 years old €30,000;
• Drawings more than 50 years old
€15,000;
169