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Whyte & Sons Auctioneers Limited, trading
as Whyte's, hereinafter called "the auctioneer" exercises
all reasonable care to ensure that all descriptions are reliable
and accurate, and that each item is genuine unless the contrary
is indicated. However, the descriptions are not intended to
be, are not and are not to be taken to be, statements of fact
or representations of fact in relation to the lot. They are
statements of the opinion of the auctioneers, and attention
is particularly drawn to clause 5 set out below. Comments and
opinions, which may be found in or on lots as labels, notes,
lists, catalogue prices, or any other means of expression, do
not constitute part of lot descriptions and are not to be taken
as such unless they are made or specifically verified by the
auctioneers.
Clause 1 (a) Each lot is put up subject to any reserve price
imposed by the vendor
(b) Subject to sub-clause (a) of this clause, the highest
bidder for each lot shall be the purchaser thereof
(c) If any dispute arises as to the highest bidder the auctioneer
shall have absolute discretion to determine the dispute and
may put up again and re-sell the lot in respect of which the
dispute arises.
Clause 2 (a) The bidding and advances shall be regulated
by and at the absolute discretion of the auctioneer and he
shall have the right to refuse any bid or bids. NOTE: Where
an agent bids, even on behalf of a disclosed client, the auctioneer
nevertheless has the right at his discretion to refuse any
such bid.
(b) The purchaser of each lot shall immediately on its sale,
if required by the auctioneer, give him the name and address
of the purchaser and pay to the auctioneer at his discretion
the whole or part of the purchase money. If the purchaser
of any lot fails to comply with any such requirement the auctioneer
may put up again and re-sell the lot; if upon such re-sale
a lower price is obtained than was obtained on the first sale
the purchaser in default on the first sale shall make good
the difference in price and expenses of re-sale which shall
become a debt due from him.
(c) Where an agent purchases on behalf of an undisclosed client
such agent shall be personally liable for payment of the purchase
money to the auctioneer and for safe delivery of the lot to
the said client.
Clause 3 (a) The auctioneer reserves the rights to bid on
behalf of clients including vendors, but shall not be liable
for errors or omissions in executing instructions to bid.
(b) The auctioneer reserves the rights, before or during a
sale, to group together lots belonging to the same vendor,
to split up and to withdraw any lot or lots at the auctioneer's
absolute discretion and without giving any reason in any case.
(c) The auctioneer acts as agent only, and therefore shall
not be liable for any default of the purchaser or vendor.
Clause 4 (a) Each lot shall be at the purchaser's risk from
the fall of the hammer and shall be paid for in full before
delivery and taken away at his expense within one day of the
sale. The buyer will be responsible for all removal, storage
and insurance charges in respect of any lot which has not
been collected within one day of the date of sale. (b) If
any purchaser fails to pay in full for any lot within 21 days
of the date of sale such lot may at any time thereafter at
the auctioneer's discretion be put up for sale by auction
again or sold privately; if upon such re-sale a lower price
is obtained than was obtained on the first sale the purchaser
in default on the first sale shall make good the difference
in price and the expenses of re-sale which shall become debt
due from him. (c) Interest at 2 per cent per month and legal
costs (if any) for recovery of monies due shall be payable
by the purchaser on any overdue account.
Clause 5 (a) All lots are made available for inspection before
each sale and each buyer, by making a bid, acknowledges that
he has satisfied himself as to the physical condition, age
and catalogue description of each lot (including but not restricted
to whether the lot is damaged or has been repaired or restored).
(b) All lots are sold with all faults and imperfections and
errors of description and the Auctioneer and its employees,
servants or agents shall not be responsible for any error
of description or for the condition or authenticity of any
lot, save for Clause 5 (c) below. Written or verbal condition
reports may be supplied by the Auctioneer on request but these
are merely statements of opinion, and any error or omission
in these reports may not be taken as grounds for a cancellation
of sale or refund of any part of the purchase price or the
cost of any repairs to the lot or lots reported on
(c) A purchaser shall be at liberty to reject any lot if he
- (i) gives the auctioneer written notice of intention to
question the genuineness of the lot within seven days from
the date of sale; AND (ii) proves that the lot is a deliberate
forgery and (iii) returns to the auctioneer within 20 days
from the date of sale the lot in the same condition as it
was at the time of sale; provided that the auctioneer may,
at his discretion, on receiving a request in writing from
the purchaser, extend for a reasonable period the time for
return of the lot to enable it to be submitted to expertisation.
NOTE: The onus of proving a lot to be a deliberate forgery
is on the purchaser.
(d) Where a lot has been submitted to expertisation, all costs
of such expertisation shall be paid by the person who retains
the certificate of expertisation and item or items to which
the certificate relates.
(e) Where the purchaser of a lot discharges the onus and acts
in accordance with sub-clause (b) of this clause, the auctioneer
shall rescind the sale and repay to the purchaser the purchase
money paid by him in respect of the lot.
(f) No lot shall be rejected if, subsequent to the sale, it
has been marked by an expert committee or treated by any other
process unless the auctioneer's permission to subject the
lot to such treatment has first been obtained in writing.
(g) Any lot listed as a "collection, range, portfolio
etc." or stated to comprise or contain a collection or
range of items which are not described shall be put up for
sale not subject to rejection and shall be taken by the purchaser
with all (if any) faults, lack of genuineness and errors of
description and numbers of items in the lot, and the purchaser
shall have no right to reject the lot; except that, notwithstanding
the foregoing provisions of this sub-clause, where before
a sale a person intending to bid at the sale gives notice
in writing to, and satisfies the auctioneer that any such
lot contains any item or items undescribed in the sale catalogue
and that person specifically describes that item or those
items in that notice, then that item or those items shall,
as between the auctioneer and that person, to be taken to
form part of the description of the lot. Clause 6 The respective
rights and obligations of the parties shall be governed and
interpreted by Irish law, and the buyer hereby submits to
the exclusive jurisdiction of the Irish Courts.
SPECIAL CONDITIONS
(a) The buyer shall pay the Auctioneer a commission at the
rate of 15% (which excludes VAT at 21% under The Margin Scheme
and which is not reclaimable) of the purchase price of every
lot. Certain works by living artists who are citizens of the
EU, is subject to a further fee to cover Artists Resale Rights
which is charged at the following rates: €3000-€50,000,
4%; €50,000.01-€200,000, 3%; €200,000.01-€350,000,
1%; €350,000.01-€500,000, 0.5%; exceeding €500,000,
0.25% to a maximum charge of €12,500; there is no ARR
charge for works sold at less than €3,000.
(b) The Auctioneer or its employees, servants or agents may,
on request organise packing and shipping of lots purchased
or may order on the buyer's behalf third parties to pack or
ship purchases. Under no circumstances does the Auctioneer
accept any liability whatsoever for any loss or damage howsoever
occasioned in the course of such service.
(c) The buyer authorises the Auctioneer to use any photographs
or illustrations of any lot purchased for any or all purposes
as the Auctioneer may require. The placing of a bid will be
taken as full agreement to all the above conditions.
WHYTE & SONS AUCTIONEERS LIMITED 38 Molesworth Street,
Dublin 2 |
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