Trading conditions
I.
Part for the seller
Each
item is auctioned
individually, in the following way. The item will be displayed on our
website for 30 days, and at a pre-determined location for a one day
before the auction takes place and just before auction. The item (or
items) in question will be put on sale based on of a procurement
contract which will be concluded between the seller and the broker.
When concluding the procurement contract the seller is obliged to
prove his identity with a valid identification card and sign to
confirm that he agrees with the conditions stipulated in the
procurement contract. The standard market value of the item will be
set, which will be used as the basis for insurance to cover the item
against breakage, theft, or damage; this generally amounts to two
thirds of the anticipated market value. In some cases an item which
has not attained the market price in the auction will only be issued
with the prior consent of the owner. These items are marked with an
asterisk in the catalogue. Commission on the sale depends on the
price attained. If the item sells for a sum lower than 2000 Euro
inclusive, the commission is 20%. With higher sums the commission is
set at 10%. The seller vouches for the fact that he is the rightful
owner of the item being auctioned and that the item for sale is not
burdened by any third-party rights, such as copyright. The seller is
liable for any breach of such rights. The conditions covering the
sale and export of items of cultural value are governed by Law No.
71/1994 Coll., on the sale and export of items of cultural value as
subsequently amended. The seller is liable for ensuring that these
conditions are complied with. If the item is deemed to be a cultural
relic in accordance with Law No. 20/1987 Coll., on state care for
relics and monuments, the seller must declare this fact. Goods
subject to Assay Act No. 539/1992 Coll. must feature applicable
hallmarks or the appropriate certification must be provided by the
owner - an expert
statement from the Assay Office. If the seller fails to do so,
the procurator
will acquire the expert statement from the Assay Office at the
owner’s expense. Items that will not be put on sale are anything
that promotes violence or racial or class intolerance, items of a
pornographic nature, goods of illegal origin or goods which otherwise
contravene the law or the principles of decency.
II.
Part for the buyer
1) Antiques
and works of art can be acquired through our auctions in the
following ways:
a)
by using of the auction number which the auctioneer receives against
a deposit of 500 CZK (20 Euro) by registering before auction
b) by
the completion of the “Written Bid” form, which will be send by
the auctioneer after completion by fax or by mail to be delivered not
later than 24 hours before the auction time, or will be handed over
by him in person at the exhibition of the auctioned objects;
c)
after
registration and subsequent log-on, the bid may be filed in the
online catalogue under the item detail;
d)
after
registration on the website www.lottissimo.com or www.invaluable.com ,
you may make bids for the objects selected by you through this
portal, including telephone bids. Items on this server are displayed
in our electronic catalogue under the business name Antikvity Praha
s.r.o.
e)
after completion of the form “Request for Telephone Auction”, we
will contact you by telephone at the time of auction of the item
selected by you and will proceed in accordance with your instructions
in the auction. By completing the form, the auctioneer undertakes to
pay the auction price for the relevant object if no one but he
expresses interest in it and the telephone connection cannot be made
or is interrupted.
2)
Items are auctioned in the same order as they are shown in the
catalogue. Each item is auctioned for 1 minute, unless the auctioneer
ends the auction before this time has expired.
3)
The starting prices (if set) shown in the catalogue represent the
lowest possible bid; market prices are for reference only. If no
starting prices have been set, the lowest possible bid is 10 Euro
(approx. 250 CZK). In some cases an item which has not attained the
market price in the auction will only be issued with the prior
consent of the owner. These items are marked with an asterisk in the
catalogue.
4)
Bids are in Euro or at the corresponding amount in Czech crowns
(1EUR = ca. 25 CZK) as follows:
10
– 15 – 20 – 25 – 30 – 40 – 50 – 60 – 70 – 80 – 90
– 100 – 110 – 120 – 130 – 140 – 150 – 160 – 170 –
180 – 190 – 200 – 220 – 240 – 260 – 280 – 300 – 330 –
360 – 400 – 450 – 500 – 550 – 600 – 650 – 700 – 750 –
800 – 850 – 900 – 1000 – 1100 – 1200 – 1300 – 1400 –
1500 – 1600 – 1700 – 1800 – 2000 – 2200 – 2400 – 2600 –
2800 – 3000 – 3300 – 3600 – 4000 – 4500 – 5000 – 5500 –
6000 – 6500 – 7000 – 7500 – 8000 – 8500 – 9000 – 10000,
each subsequent bid is then 1000
5) If
a bidder wins on an item, he is then obliged to pay the auction
price, including 19 % + VAT auction commission, within 14 days after the
end of the auction. Goods can be collected in person from the
auction house, or for clients in Slovakia and the Czech Republic
goods may be sent cash on delivery or can be delivered by post or
courier service once the appropriate sum, including postage and
packing, has been transferred to our account. Postal fees, including
insurance and packing, are 10 Euro (250 CZK) per item length up to
2 m in the Czech Republic; in the case of multiple items,
heavier, fragile, or outsized items, postage and packing is
calculated on an individual basis. Items weighing more than 20 kg and
items that are more than 2.0 m long on any one side must be collected
in person or a special dispatching service must be paid for. The cost
of postage and packing on items sent abroad, with the except for of
Slovakia, is at least 30 Euro. All risks associated with the
transport of items are the bidder’s liability.
6) If
the bidder fails to pay the cost of auctioned goods within the period
specified above and does not react to requests for payment, Antikvity
Praha s.r.o. is entitled to take court action to recover the sale
price of the auctioned item as well as other costs incurred as a
result of aborting the auction.
7) If,
within 30 days of the closure of the auction, the bidder presents a
written statement from a court-appointed expert, stating the auction
number of the item and the date of auction, which claims that the
auctioned item is a fake, or provides proof that the item has
concealed defects which could not be detected during a routine
inspection, or if it is found that the depiction or description of an
item give a misleading idea of the condition of the item, Antikvity
Praha s.r.o. will withdraw from the auction of the item in
question and will refund all the money paid by the bidder for the
item, provided that the bidder returns the item in the same condition
it was in on the day of the auction.
III.Joint
Provisions
1)
These rules have been drawn up in accordance with the Czech law and
are also governed by the applicable stipulations of the Czech
judicial code.
2)
If these laws are amended in the future details of the new laws will
be published on this site and any change of the rules, will be
mentioned on the website or in the relevant e-mail notification.
3)
In the case of technical problems or malfunctions Antikvity Praha
s.r.o. reserves the right to extend auctions.
4)
In our photographs and descriptions we try to provide a faithful
depiction of the lots, although a personal visit is still
recommended. Owing to the age of the items, damage caused by normal
wear and tear is not described in the catalogue. The condition of
items is given based on a classification scale, as follows
1 –
the condition of the item is as it was produced, i.e. with no sign of
wear and tear
2 –
the condition of the item entirely corresponds to the age of the item
and the degree of wear and tear iscommensurate
3 –
the item shows more wear and tear than its age would imply; the item
has been partially modified, features minor damage
4
– the item is significantly damaged; principal parts are missing;
it is comprised of different disparate parts; it is possibly in an
as-found condition
IV.
Protection of personal data
1.
The user consents to his personal data being collated and processed
by Antikvity Praha s.r.o.. Based on Law No. 101/2000 Coll.,
the Personal Data Protection Act, Antikvity Praha s.r.o has informed
the Personal Data Protection Office that it handles personal
data and is registered as a data administrator under registration
number XYZTODO.
2.
The user hereby gives his explicit consent allowing Antikvity Prah
s.r.o to use his personal data for purposes related to the nature of
this site and to contact the user in order to send trade-related
information.
3.
Personal data is not provided to third parties.
4.
Registration can be cancelled using the form in the account editing
section or by sending a request to the contact email address.