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156

NOVEMBER 2016 | THE TIES THAT BIND

157

requested to make an appointment to collect purchases

within 10 - 15 business days of completion of all

payments and documentation formalities. Buyers who

have completed payment formalities and have not taken

delivery of their lots from Saffronart within 30 days of

the completion of payment formalities will be charged

storage and insurance at applicable rates.

What documentation will I receive with my

purchases?

Upon confirmation of delivery or receipt of shipment,

we will send you the invoices for your purchases along

with any relevant documentation for the lot that has

been mentioned in the lot details. Please note that

Saffronart does not issue any authenticity certificates

and does not provide artist authenticities either.

What if my shipment reaches damaged?

All purchases from this sale are final. In the unlikely event

of your receiving a damaged product, please notify

Saffronart directly within five days of receipt of the lot.

Please call or email us at any of our locations mentioned

in the Sales and Enquiries section. If Saffronart does not

receive any notification within 7 business days of delivery,

it shall be assumed that the lot has been received in

good condition, and no claims will be entertained.

CONDITIONS FOR SALE

These conditions for sale set out the terms on which

We

offer the

Lots

listed in the

Auction Catalogue

for sale

on behalf of the seller, and if you make a successful bid,

will form a contract for sale between you and the seller.

By participating in this online auction, you acknowledge

that you are bound by these conditions for sale as listed

below and on the

Website

. You will find a glossary at

the end explaining the meanings of the words and

expressions which are in

bold

.

1.

Our role as the agent of the Seller

1.1

We

undertake to sell the

Lots

through this online

auction as agents for and on behalf of sellers. Unless

stated otherwise,

We

have no ownership interest in

any

Lot

in this online auction.

1.2 Making a bid online constitutes an irrevocable offer

to purchase the

Lot

and the acceptance of a bid as

the winning bid by

Us

shall result in an enforceable

contract of sale between

Us

, acting solely as the

agent of the seller, and the winning bidder.

2.

Catalogue Descriptions and Condition of Lots

2.1

We

offer all

Lots

for sale at the online auction on

an “as is” basis, meaning that each

Lot

is sold with

all existing faults and imperfections.

We

encourage

all potential buyers to inspect each item carefully

before bidding.

2.2 Any statements made by

Us

, including by

Our

representatives/employees,

about

any

Lot

, whether orally or in writing, concerning

attribution of such

Lot

to, for example, any school

of art or craftsmanship, country or origin, history,

provenance or condition, are only expressions of

Our

opinion or belief. Such opinions or beliefs

have been formed honestly in accordance with

the standard of care expected of an auction house,

having due regard to the estimated value of each

Lot

.

We

have not carried out any exhaustive

research or analysis on any

Lot

to be sold in this

online auction, and potential buyers should seek

appropriate advice on the condition of each

Lot

from their own professional advisors.

2.3 For the convenience of bidders,

We

provide

condition reports on

Lots

upon request free of

charge. The report includes

Our

bona fide

opinion

on the condition of the

Lot

and is not an alternative

to viewing and inspecting a

Lot

by a bidder, or a

bidder’s duty to seek independent advice on the

Lot

,

including its description, condition and authenticity.

2.4 The bidders undertake to:

i. inspect and satisfy themselves prior to the

online auction as to the condition and

description of the

Lot

;

ii. rely on their own judgment as to whether the

Lot

matches its description; and

iii. not rely on an illustration of any

Lot

given in the

Auction Catalogue

.

2.5 Size description/s of all the

Lots

featured in

the

Auction Catalogue

are approximate.

We

encourage all potential buyers to inspect each item

carefully before bidding.

2.6 Neither

We

nor any of

Our Affiliates

, agents,

representatives, employees or directors shall

be liable for errors or omissions in any of the

representations made in the

Auction Catalogue

or otherwise, with respect to the authenticity,

description or condition of any

Lot

for sale through

the online auction.

3.

Viewing the Lots and Bidder Registration

3.1 All

Lots

for sale are featured in the

Auction

Catalogue

. The number listed next to each image

is the lot number and should be used as a reference

during bidding, or for any information requests.

The

Lots

in this sale may be viewed through any of

the following:

i.

Previews and Viewings – details listed in the Sales

and Enquiries section;

ii.

The Online

Auction Catalogue

;

iii. The Printed

Auction Catalogue

; and

iv. The Mobile

Auction Catalogue

What are some of the symbols used next to the lots

on auction?

Lots marked with

are not situated in India and

therefore, may only be bid for and purchased in

USD. Persons residing in India, wishing to bid in

USD must be eligible under the various foreign

exchange regulations to make payments overseas.

Please contact Saffronart for further details.

Lots marked with indicate that Saffronart owns the

lot in whole or in part or has an economic interest in

the lot equivalent to an ownership interest.

The seller of lots marked with is guaranteed a

minimum price. This guarantee may be provided

by Saffronart, or jointly by Saffronart and any third

party, or any third party.

How do I participate in your next auction?

If you would like to register to bid or consign to any

of our upcoming auctions please contact any of our

locations listed in the Sales and Enquiries section.

If you would like to stay informed of Saffronart’s

upcoming events, please register with us online at

saffronart.com