256
authorisation from the Client Accounts
O ce.
Should lots sold at auction not be
collected by the buyer immediately after
the auction, those lots will, after 30 days
following the auction sale (including the
date of the sale), be stored at the buyer’s
risk and expense and then transferred to
a storage facility designated by Sotheby’s
at the buyer’s risk and expense.
All charges due to the storage facility
shall be met in full by the buyer before
collection of the property by the buyer.
Insurance
Sotheby’s accepts liability for
loss or damage to lots for a maximum
period of 30 (thirty) calendar days after
the date of the auction (including the
date of the auction). After that period,
the purchased lots are at the Buyer’s sole
responsibility for insurance.
Export of cultural goods
The export of
any property from France or import into
any other country may be subject to one
or more export or import licences being
granted.
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.
Sold property will only be delivered
to the buyer or sent to the buyer at
their expense, following his/her written
instructions, once the export formalities
are complete.
Sotheby’s, upon request, may apply
for a licence to export your property
outside France (a “Passport”). 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,
O cial Journal No. L395 of 31/12/92).
A French Passport 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:
Watercolours, gouaches and pastels
more than 50 years old €30,000
Drawingsmorethan50yearsold €15,000
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, lms 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 items more than 50
years old €50,000
Please note that French regulation
n°2004-709 dated 16th July 2004
modifying French regulation n°93-124
dated 29th January 1993, indicates that
«for the delivery of the French passport,
the appendix of the regulation foresees
that for some categories, thresholds will
be di£erent depending where the goods
will be sent to, outside or inside the EU».
We recommend that you keep any
document relating to the import and
export of property, including any licences,
as these documents may be required by
the relevant authority.
Please note that when applying for
a certicate of free circulation for the
property, the authority issuing such
certicate may express its intention to
acquire the property within the conditions
provided by law.
Endangered Species
Items made of
or incorporating animal material such
as ivory; whalebone; tortoiseshell etc.,
irrespective of age or value, require
a specic licence from the French
Department of the Environment prior to
leaving France. We suggest that buyers
also check with their own relevant
government department regarding the
importation of such items.
Pre-emption right
The French state
retains a pre-emption right on certain
works of art and archives which may be
exercised during the auction. In case of
conrmation of the pre-emption right
within fteen (15) days from the date
of the sale, the French state shall be
subrogated in the buyer’s position.
Considered as works of art, for
purposes of pre-emption rights are the
following categories:
1) Archaeological objects more than
100 years old found during land
based and underwater searches of
archaeological sites and collections;
2) Pieces of decoration issuing from
dismembered buildings;
3) Watercolours, gouaches and pastels,
drawings, collages, prints, posters and
their frames;
4) Photographs, lms and negatives
thereof irrespective of the number;
5) Films and audio-visual works;
6) Original sculptures or statuary or
copies obtained by the same process
and castings which were produced
under the artists or legal descendants
control and limited in number to less
than eight copies, plus four numbered
copies by the artists;
7) Contemporary works of art not
included intheabovecategories3)to6);
8) Furniture and decorative works of art;
9) Incunabula and manuscripts, books
and other printed documents;
10)Collections and specimens from
zoological, botanical, mineralogy,
anatomy collections ; collections
and objects presenting a historical,
paleontologic, ethnographic or
numismatic interest;
11) Means of transport;
12) Any other antique objects not included
in the abovecategories 1) to 11)
EXPLANATION OF SYMBOLS
The following key explains the symbols
you may see inside this catalogue.
No Reserve
Unless indicated by a box ( ), all lots
in this catalogue are o£ered subject to
a reserve. A reserve is the condential
hammer price established between
Sotheby’s and the seller and below
which a lot will not be sold. The reserve
is generally set at a percentage of the
low estimate and will not exceed the
low estimate for the lot as set out in
the catalogue or as announced by the
auctioneer. If any lots in the catalogue
are o£ered without a reserve, these lots
are indicated by a box ( ). If all lots in the
catalogue are o£ered without a reserve,
a Special Notice will be included to this
e£ect and the box symbol will not be used.
Guaranteed Property
The seller of lots with this symbol has
been guaranteed a minimum price from
one auction or a series of auctions. This
guarantee may be provided by Sotheby’s
or jointly by Sotheby’s and a third party.
Sotheby’s and any third parties providing
a guarantee jointly with Sotheby’s benet
nancially if a guaranteed lot is sold
successfully and may incur a loss if the
sale is not successful. If every lot in a
catalogue is guaranteed, the Important
Notices in the sale catalogue will so state
and this symbol will not be used for each
lot.
Property in which Sotheby’s has an
Ownership Interest
Lots with this symbol indicate that
Sotheby’s owns the lot in whole or in part
or has an economic interest in the lot
equivalent to an ownership interest.
Irrevocable Bids
Lots with this symbol indicate that a
party has provided Sotheby’s with an
irrevocable bid on the lot that will be
executed during the sale. The irrevocable
bidder, who may bid in excess of the
irrevocable bid, will be compensated
based on the nal hammer price in the
event he or she is not the successful
bidder. If the irrevocable bidder is the
successful bidder, he or she will be
required to pay the full Buyer’s Premium
and will not be otherwise compensated.
If the irrevocable bid is not secured until
after the printing of the auction catalogue,
a pre-lot announcement will be made
indicating that there is an irrevocable bid
on the lot.
Restricted Material
Lots with this symbol have been identied
at the time of cataloguing as containing
organic material which may be subject to
restrictions regarding import or export.
The information is made available for the
convenience of Buyers and the absence
of the Symbol is not a warranty that there
are no restrictions regarding import or
export of the Lot.
VAT
Items sold to buyers whose address is in
the EU will be assumed to be remaining
in the EU. The property will be invoiced
as if it had no VAT symbol (see ‘Property
with no VAT symbol’ above). However,
if the property is to be exported from
the EU, Sotheby’s will re-invoice the
property under the normal VAT rules (see
‘Property sold with a
symbol’ above) as
requested by the seller.
Items sold to buyers whose address
is outside the EU will be assumed to be
exported from the EU. The property will
be invoiced under the normal VAT rules
(see ‘Property sold with a
symbol’
above). Although the hammer price will
be subject to VAT this will be cancelled
or refunded upon export - see ‘Exports
from the European Union’. However,
buyers who are not intending to export
their property from the EU should notify
our Client Accounts Department on the
day of the sale and the property will be re-
invoiced showing no VAT on the hammer
price (see ‘Property sold with no VAT
symbol’ above).
CONDITIONS GENERALES DE
VENTE
A complete translation in English of our
Conditions of Business is available on
sothebys.com
or on request +33 1 53
05 53 05
ARTICLE I : GÉNÉRALITÉS
Les présentes Conditions Générales
de Vente, auxquelles s’ajoutent les
conditions relatives aux enchères en
ligne en direct via le système BIDnow
accessibles sur le site internet de
Sotheby’s ou disponibles sur demande
(dites « Conditions BIDnow »), régissent
les relations entre, d’une part, la société
Sotheby’s France S.A.S (« Sotheby’s »)
agissant en tant que mandataire du (des)
vendeur(s) dans le cadre de son activité
de vente de biens aux enchères publiques
ainsi que de son activité de vente de gré
à gré des biens non adjugés en vente
publique, et, d’autre part, les acheteurs,
les enchérisseurs et leurs mandataires et
ayants-droit respectifs.
Dans le cadre des ventes mentionnées
au paragraphe précédent, Sotheby’s agit
en qualité de mandataire du vendeur, le
contrat de vente étant conclu entre le
vendeur et l’acheteur.
Les présentes Conditions Générales
de Vente, les Conditions BIDnow pour
les enchères en ligne et toutes les
notications, descriptions, déclarations
et autres concernant un bien quelconque,
qui gurent dans le catalogue de la
vente ou qui sont a chées dans la
salle de vente, sont susceptibles d’être
modiées par toute déclaration faite
par le commissaire-priseur de ventes
volontaires préalablement à la mise aux
