CHF1 - 400,000:
Contract: Your Bid is a binding and legally enforcable contract.
Payment: Koller accepts only bank transfer for payment. Payment is due upon the close of the auction.
Shipping: Koller will assist in arranging shipping. All costs associated are the responsibility of the buyer.
Buyer's Premium: A buyer's premium will be added to the total of the winning bid .
On a successful bid of up to CHF 400,000:
- 20 % in case of objects offered in Koller's Zurich main auction series (A-Auctions);
- 22 % in case of objects offered in Koller's Geneva auction series (G-Auctions) or Koller's Zurich West auction series (West-Auctions);
(ii) on a successful bid over CHF 400,000:
- in addition to the surcharge according to above sub-paragraph (i),15 % on the difference between CHF 400,000 and the bid in case of objects offered in Koller's A-Auctions and in Koller's G-Auctions;
- 22 % on the total bid price in case of objects offered in Koller's West-Auctions.
Taxes: The Purchaser must pay Swiss Value Added Tax ("VAT") on the surcharge. The stated percentage of the surcharge relates to the successful bid for each individual item. The Purchaser agrees that Koller also receives a commission from the Seller.
The full tax is charged on all items marked *, i.e. VAT is charged on the sum of the bid price plus the surcharge for those items. The VAT will be refunded to Purchasers providing a validly stamped export declaration.
Condition Reports: 4. THE ITEMS ARE AUCTIONED IN THE CONDITION EXISTING AT THE TIME OF THE SUCCESSFUL BID. SUBJECT TO CLAUSE 6, NO GUAR-ANTEE OR WARRANTY WHATSOEVER IS GIVEN AGAINST LEGAL AND MATERIAL DEFECTS. THE ITEMS CAN BE INSPECTED WHILE EXHIBITED. THE ITEMS ARE DESCRIBED TO THE BEST OF OUR KNOWLEDGE AND BELIEF BUT KOLLER CANNOT ACCEPT ANY LIABILITY FOR THE PAR-TICULARS GIVEN IN THE CATALOGUE. Koller reserves the right to call in ex-perts or specialists of its choice to give an opinion and to rely upon that opinion. Koller cannot be held liable for the correctness of such opinions.
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