Buyer's premium: 29%
Auction: Items are sold to the highest bidder at the auction on dedicated auction days, or previously notified. The auctioneer may change the order of lots as notified in the catalogue and has discretion to combine and divide lots. Should complaints emerge regarding the winning of an item, the auctioneer has discretion to resume the auction from the preceding bid.
Viewing of the lots before auction: All lots will be on display prior to auction, in the case of traditional auctions, or can be viewed by appointment for online auctions, in order to examine the quality and condition of items; no complaints will be accepted after the hammer, even if there are errors in the catalogue. We would like to remind that with the purchase at the auction all lots are sold “As is” and “Where is”. No statement regarding age, condition, kind, value, or quality of a lot, whether made orally at the auction or at any other time, or in writing in this catalogue or elsewhere, shall be construed to be an express or implied warranty, representation, or assumption of liability. Completed condition reports are posted as an additional image with the lot. Capitolium Art does not give refunds. Therefore, acting “in the name and on behalf of” the principal according to the Civil Code, we would also like to remind you that Capitolium Art S.R.L has a role of mere intermediary between the client, for whom we undertake to put on sale the lots as they are given to us with an order to sell, and the purchaser who takes the responsibility to personally examine the state of preservation and the quality of the lots and related documentation during the showing before the auction. All the lots and the relative documentation can be freely and personally consulted at Capitolium Art, or through our website, for 15 days preceding each auction. In addition, as established in the conditions to which the participation in each auction is subordinated, “no complaints are admitted after the award.”
Condition reports: Condition reports might not be included in the catalogue entries. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. It is the responsibility of prospective bidders to examine lots in person, through an agent or by contacting the auction house to determine their level of interest. Requests for condition reports with additional photographs can be made by emailing us. Any condition report given, as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition, aging and genuineness and must understand that any statement made by Capitolium Art is merely a subjective, qualified opinion. NOTWITHSTANDING THIS REPORT OR ANY DISCUSSION CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD “AS IS”. All counts, weights and measurements are approximate. The Auction House shall bear no responsibility for any error or omission.
Condition reports: Condition reports might not be included in the catalogue entries. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. It is the responsibility of prospective bidders to examine lots in person, through an agent or by contacting the auction house to determine their level of interest. Requests for condition reports with additional photographs can be made by emailing us. Any condition report given, as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition, aging and genuineness and must understand that any statement made by Capitolium Art is merely a subjective, qualified opinion. NOTWITHSTANDING THIS REPORT OR ANY DISCUSSION CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD “AS IS”. All counts, weights and measurements are approximate. The Auction House shall bear no responsibility for any error or omission.
Lots made of protected species: Lots made of or including (regardless of the percentage) endangered or other protective species of wildlife including, among others: ivory, tortoiseshell, crocodile skin, rhinoceros horn, whalebone, certain species of coral and Brazilian rosewood are subjects to restrictions. You should check the relevant custom laws and regulations before bidding on any lot containing wildlife material if you plan to import the lot to another country. Several countries refuse to allow you to import such materials and some other countries require a license from the relevant regulatory agencies in the countries exportation as well as importation. In some cases, the lot can only be shipped with an independent scientific confirmation of species and/or age and you will need to obtain this at your own cost. WE WILL NOT BE OBLIGED TO CANCEL YOUR PURCHASE AND REFUND A PURCHASE PRICE IF YOUR LOT MAY NOT BE EXPORTED, IMPORTED OR IT IS SEIZED FOR ANY REASON BY A GOVERNMENT AUTHORITY. IT IS YOUR RESPONSIBILITY TO DETERMINE AND SATISFY THE REQUIREMENTS OF ANY APPLICABLE LAWS OR REGULATIONS RELATING TO THE EXPORT OR IMPORT OF PROPERTY CONTAINING SUCH PROTECTED OR REGULATED MATERIAL.
Lots containing African elephant ivory: Some countries (The USA for instance) prohibits the import of ivory from the African elephant. Any lot containing elephant ivory or other wildlife material that could be easily confused with elephant ivory (mammoth ivory, walrus ivory, helmeted hornbill ivory for example) can only be imported into the US with results of a rigorous scientific test which confirms that the material is not African elephant ivory. Where we have conducted such rigorous scientific test on a lot prior to the sale, we will clearly mention this in the lot description. In all other cases, we cannot confirm whether a lot contains African elephant ivory and you will buy that lot at your own risk and be responsible for any scientific test or other reports required for import into the USA or any other country at your own cost. If such scientific test is inconclusive or confirms the material is from African elephant, we will not be obliged to cancel and refund your purchase.
Export licence forbidded: Antique items declared of significant interest under art. 6 of Legislative Decree 29/10/99 no.490 are indicated as such in the catalogue or announced during the sale. On such items, the Italian State may exercise the right of first refusal within 60 days of the sale notice; the sale, therefore, will only take place after the deadline has passed. In the event that the right of first refusal being exercised, the bidder will be entitled to reimbursement of any amounts already paid.
Absentee bids: During the sale, the auctioneer may start the bidding from offers made by buyers who cannot attend the auction. Proxy bids can be made at this link: ABSENTEE BIDS
Telephone bidding: For those who cannot be present in the room on the day of the auction there is also the opportunity to participate by telephone. Applications for telephone bids can be made at this link: TELEPHONE BID
Live participation via internet: On the dates and times scheduled for the auction sessions it is possible to follow live audio and video of the auction room online and, following registration, make bids in real time. Requests to participate via the internet can be made at his link: BID LIVE
Written, telephone and internet bids: For those who cannot attend the auction in person, Capitolium Art will be pleased to execute written, telephone or internet bids. Please note that this service is free of charge and Capitolium Art therefore accepts no responsibility for offers inadvertently omitted or errors in the execution of bidding, especially in the case of incorrectly completed, incomplete or illegible bidding forms.
Security deposit: For new customers the auction house may require the payment of a security deposit in order to participate to the sales. This deposit must be paid in the forms of payment allowed by the general terms and conditions, in the cases and in the amounts determined by the Auction House.
Payment: The successful bidders will receive an e-mail with the list of the works and the total due including auction fees at the closing of the auction, please access the guided procedure and indicate how you intend to pay and collect the works. Payments must be received no later than five working days after the auction ends. In case of default by the buyer, the auction house is authorized to consider the sale terminated and to return the work to the buyer.
Withdrawal: Successful bidders must collect all purchased lots no later than 15 working days after the auction ends. After this deadline the warehouse expenses, which will be calculated according to the value of the lots, the dimensions and the time spent at the deposit, will be ascribed to the contractor. These charges will be invoiced to the customer at the end of each month. In the event that the amount due for storage costs exceeds the purchase value of the lot, the Auction House can claim the lot itself to repay the debt.
Ignorance of terms by buyer (s) is no excuse to bring action against the auction house or consignor.
