Contract: Purchased lots will become available only after payment in-full has been made. The sale will be conducted in Euros.
Purchasers will pay in addition to the hammer price, a buyer's premium of 19.23 % VAT excluded or 23 % VAT included (+ internet premium bid 3%).
Payment: By exemption, clause 14 from law from the 10th of July 2000 stipulates: «Should the buyer fail to pay the amount due, and after notice to pay has been given by S.V.V. LE BRECH & ASSOCIES to the buyer without success, the lot is re-offered for sale at the seller's request, under the French procedure known as "procédure de folle enchère"(crazy bid). If the seller does not make this request within two months from the date of the sale, the sale will be automatically cancelled, without prejudice to any damages owed by the defaulting buyer».
If the buyer fails to pay the hammer price and fees, a formal notice will be sent to him buyer by certified mail with acknowledgement of receipt. Unless payment is received within 10 days following the reception of this formal notice, additional fees of 10% on the hammer price, with a minimum of €250, will be applied in order to cover the recovery expenses. Enforcement of this stipulation does not prevent from granting financial damages and at the expense of the procedure that it would require, and does not prejudge a potential crazy bid may be carried out.
Storage and Shipping: We strongly advise the purchasers to withdraw their purchase at their earliest convenience in order to avoid storage rent fees. On any ground may neither S.V.V. LE BRECH & ASSOCIES nor the expert be hold responsible for stored items.
In case purchases are paid by money transfer, items may be delivered upon final collection. Once the auction is hammered, the buyer becomes responsible for his purchase. The buyer is solely in charge for insuring his purchase and S.V.V. LE BRECH & ASSOCIES is not liable for any damages the lot may incurred once the sale is hammered.
Shipment is conducted under the entire responsibility of the buyer. S.V.V. LE BRECH & ASSOCIES may carry out the shipment under the following conditions:
1 - A written note from the buyer to S.V.V. LE BRECH & ASSOCIES is required. It must exonerate S.V.V. LE BRECH & ASSOCIES from any liability that may incur to the item during transportation.
2 - A markup packing fee depending on the value and the size of the item will be added to the shipping costs. The buyer is responsible for choosing his/her shipping company and for the organization of the shipment. S.V.V. LE BRECH & ASSOCIES may propose a list of carriers, with no contractual commitment. Getting an export license requires a 5 to 10 week deadline that may be reduced depending on how fast the buyer will instruct S.V.V. LE BRECH & ASSOCIES on his/her decisions.
Concerning the Hermès Scarves Auction a fee is applied: 10€ by scarf
Premium: Purchasers will pay in addition to the hammer price, a buyer's premium of 19.23 % VAT excluded or 23 % VAT included (+ internet premium bid 3%).
VAT and taxes: Purchasers will pay in addition to the hammer price, a buyer's premium of 19.23 % VAT excluded or 23 % VAT included (+ internet premium bid 3%).
Guarantees: The auctioneer is bound by the indications in the catalogue, modified only by announcements made at the time of the sale noted in the legal records thereof.
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An exhibition prior to the sale permits buyers to establish the conditions of the works offered for sale and no claims will be accepted after the hammer has fallen. Some difference may appear between the original work and its illustration, there will be no claims in such matter.
The measurements are given only as an indication.