ONLINEAUCTION (NOBUYERSPREMIUM) FINEPENS
25-30MARCH2023 THEMONTBLANCEDIT
• Fullyclimate controlledartstoragefacility
• In-housearthandlingtruck fortransportation
•Bespokecollectionmanagementservices
• Locatedinthesafeand convenient jurisdictionofDubai International Financial Centre(DIFC)
• Assetsstoredaregoverned bya common-law frameworkwithlawsand regulationsissued inEnglish
• FlexiPayscheme forbuyersat ourauctions
•Bespokesolutions for consignors andcollectors
•Fastdecisionsandquickdisbursals
• Flexible tenorsand repaymentoptions
•Noearlyexit feespayable
FINEPENS THEMONTBLANCEDIT
SALE NUMBER: 2303
ONLINE AUCTION
MARCH25-30, 2023
‘WhatYouBidis WhatYouPay’
‘BidNowPayLater’
March25,2023
9:00a.m onwards
UAEStandard Time
March30,2023
5:30p.m to6:30p.m.
UAEStandard Time
P2-1A,DamacParkTowers
DIFC
Dubai|UAE
+971558153030
info@artiana.com
AUCTION SERVICES
P
.O. Box112646
Dubai|UAE
SaleNumber: 2303
ByAppointment
auction@artiana.com
ArtianaHelpDesk
+971558153030
auction@artiana.com
info@artiana.com
Additionalinformationonthebuyingprocessisavailableonpage44
AdditionalinformationontheFlexiPayschemeisavailableonpage51
ThisauctionisconductedundertheConditionsofSaleasstipulatedinthe catalogueonpage53
CopyrightNotice
Nopartofthiscataloguemaybe reproduced, storedina retrievalsystemortransmitted byany formor byanymeans, electronic, mechanical, photocopying, recordingorotherwise, without thepriorwrittenpermissionofArtiana ©Copyright,Artiana, 2023
FrontCover:Lot10&Lot16
InsidePages:Lot9
Page4:Lot8
InsideBackPages:Lot7
BackCover:Lot5
FINEPENS: THEMONTBLANCEDIT BRANDPROFILESANDINDEX
IT’S EASY TO BUY AT
CONTENTS
SALE GUIDE
AUCTION CLOSING SCHEDULE WRITTEN / ABSENTEEBID FORM BIDDING INCREMENTS BUYING AT ARTIANA FINANCE AT ARTIANA CONDITIONS OF SALE ARTIANA GUARANTEE COLLECTION AND STORAGE LOTS1-16 8 43 44 45 46 47 48 51 53 59 60
ARTIANA
LOT1-5
LOT 1
MONTBLANC
Meisterstuck149DiplomatFP
MODEL:DiplomatEdition
CAP&BARREL:Blackresinwithgold-plated trimandclip
NIB/TIP:Two-tonedgoldmediumnib
CONDITION:Unused
US$600-900
IGNED:Montblanconclipandstaronfinial
PENTYPE:FountainPen
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServiceCertificateandWarranty Certificate Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT11
Launchedin1995,theMontblancPatronofArtEditionThePrinceRegentislimitedto4,810fountainpens.Itpaystributetothis Britishkingandpatronoftheartswithapenoftrulyregalappearance.HisappreciationforthefineartsshapedBritishcultureto histaste,andartformsfromtheperiodofhisreignareknownasthoseofthe"Regencyperiod".Afascinatingfretworkpattern windsoverthedeepbluepreciousresinbarrelofthepen–ingold-plated925sterlingsilver.Thecapisdecoratedbyacrownwhose delicatecompositionrecallsthekeeneyefordetailofroyalcraftsmenofthepast.The18Kgoldnibisbeautifullyhand-engraved withtheinsigniaoftheBritishmonarchyintheRegencyperiod.
LOT 2 MONTBLANC
PrinceRegentFP
MODEL:PatronofArtSeries
CAP&BARREL:Deepblueresinbarreland capwithgold-plated925sterlingsilveroverlay
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$3,000-5,000
SIGNED:Montblancstaronfinial
PENTYPE:FountainPen
LIMITEDEDITION:280of4810
BOX:Fittedpresentationboxandouterpackaging PAPERS:OptionCertificate,InternationalReplyCard, InternationalServiceCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT13
LOT 3
MONTBLANC
AlexandreDumasFP
MODEL:WritersLimitedEdition
CAP&BARREL:Preciousmarbleresinwith gold-platedclipandtrim
NIB/TIP:18Kgoldmediumnib
CONDITION:Unuse
US$1,500-2,500
SIGNED:A.Dumasoncap,Montblancstaronfinial EDITION:8556of20000
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServiceCertificate,International GuaranteeandReplyCard Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT15
TheMontblancHemingwayLimitedEditionfountainpenisthefirsttobelaunchedin1992aspartoftheirWriters Series.ThecoralredanddarkbrownoftheWritersEditionHemingwayisreminiscentofaMontblancfountain penfromthe1930s–thedecadeinwhichHemingwaycelebratedhisearliestsuccess.Thecap,withitsgold-plated mountingsandclassical,gold-platedclip,bearstheengravedsignatureofthewriter.Rhodiumplatingsandan artisticengravingofamotiffromHemingway’sperioddecoratethehand-cut18-karatgoldnib.
ErnestHemingwaywasundoubtedlyoneofthegreatestwritersofthe20thcentury,andhestillinspires discriminatingliteratureenthusiastsallaroundtheworld.Inworkssuchas“ForWhomtheBellTolls”and“The OldManandtheSea”,Hemingwaywasremarkableforhispowersofverbalexpressionandthedensenessofhis narratives.Hemingwaythusbecamenotonlyamodelforawholegenerationofwritersbutalsoachallenge–whichmostofthemfailedtomeet.
LOT 4 MONTBLANC
HemingwayFP
MODEL:WritersLimitedEdition
CAP&BARREL:Coralredanddark brownresin
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$4,000-6,000
SIGNED:SignedHemingwayonthecap,Montblancon capandstaronfinial
PENTYPE:FountainPen
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServiceCertificate,PersonalService Card
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT17
TheMeisterstückImperialDragoncollectionwasinspired bythemythicalcreaturereveredthroughouttheOrientfor centuries-thedragon.Craftedoutofblackpreciousresin, thislimitededitionfountainpenisnumber162ofonly888 intheworld.Thisblackpreciousresinfountainpen featuresan18Ksolidgoldclipsetwithsapphireeyes.This MeisterstückImperialDragonfountainpencomeswithan 18Ksolidgoldnibwithspecialengraving.
LOT 5
MONTBLANC
ImperialDragonFP
MODEL:WritersLimitedEdition
CAP&BARREL:Blackresinwithgold dragonclipandjewelledeyes
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$8,000-12,000
SIGNED:ImperialDragononcap,Montblancstaronfinial PENTYPE:FountainPen
LIMITEDEDITION:162of888
BOX:Fittedpresentationboxandouterpackaging
PAPERS:PersonalServiceCard,InternationalReplyCard, andInternationalServiceCertificate
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT19
LOT6-10
Octavian4810,PatronofArtfountainpen'sfascinatingspiderandwebdesignareintricatelyexecutedinsterling silverthreadswhichcovertheblackresinbarrelandcap.Inthemidstsitsaspider,whileallisinspiredby Montblancdesigntypicalofthe1920s,howeverupdatedtothehigheststandardsofqualityandeaseofusefor today.
Crown-jewelofMontblanc'sPatronofArtCollection,theOctavianisdedicatedtoRomanEmperorGaiusOctavian who,honoredbytheRomanSenatewiththenameAugustus,wasthedrivingforcebehindRome’sculturalrevival followingnumerousdarkyearsofwar.Bymeansofcunning,tactics,strategicliaisonsanddeliberatepromotion ofthearts,Octaviancreatedanelaboratenetworkofcultureandpower.Thespiderandwebmotifthusserveto recalltheEmperor’selaboratelywovennetworkofpower.
LOT 6
MONTBLANC
OctavianFP
MODEL:PatronofArtSeries
CAP&BARREL:Preciousblackresinwith 925sterlingsilveroverlay
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$4,000-6,000
SIGNED:Montblanconclipandstaronfinial
PENTYPE:FountainPen
LIMITEDEDITION:1149of4810
BOX:OuterPackaging
PAPERS:InternationalServiceCertificate,Product manual,replycardandPersonalServiceCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT23
LOT 7 MONTBLANC
OscarWildeBP,FP,MP
MODEL:WritersLimitedEdition
CAP&BARREL:Preciousmarbleresinwith gold-platedclipandtrim(eachpiece)
NIB/TIP:18Kgoldmediumnib(FP)
CONDITION:Unused
US$2,500-3,500
SIGNED:OscarWildeoncap(FP),Montblanconclip (each)
PENTYPE:BallpointPen,FountainPen,MechanicalPen
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServiceCertificateandReplyCard Pleasenotethislotisthepropertyofaprivateindividual.
24ARTIANA
LOT 8 MONTBLANC
SemiramisFP
MODEL:PatronofArtSeries
CAP&BARREL:Preciousblackresinwithgold-plated overlayofdelicatefiligreeandredenamelledlacquer
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$3,000-5,000
SIGNED:Montblancstaronfinial
PENTYPE:FountainPen
LIMITEDEDITION:1303of4810
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServicecardandReplyCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT25
TributetotheauthorofARemembranceofThingsPast.TheantiquariandesignreflectsProust’sthemeofthepassageoftime andthepersistenceofmemory.MarcelProust,oneofthemostpopularFrenchauthorsandphilosophersofhistime,fascinated readerswithhisbooksandtheirbrilliantlyobserveddescriptionsofpeopleandnature,and,asacharismaticfigureofthefine Parissalons,healsodelightedpeoplewithhisrhetoricandwit.Asagreatwriterandthinker,MarcelProustalwaysstrovefor themaximumdepthofdetailandprecision–anaspirationsharedwiththeWritersLimitedEditionMarcelProust.
Everydetailofthisscarcelimitededitiondisplaystrulysuperlativecraftmanship.Thetrimismadeof925sterlingsilver,asisthe eight-sidedbarrel,whichfeaturesfineengravingsinthestyletypicalofProust’smaincreativeperiod(filigreeisdelicateand intricateornamentationpopularattheturnofthecentury).Thehexagonalbarrelalsobearstheengravedsignatureofthe writerfromwhichittakesitsname.Thetopofthecapissurmountedbytheivory-colouredMontblancstar.The18Kgoldnib featurestheengravingofatinyhourglass–areferencetohisgreatestwork-ÀlaRechercheduTempsPerdu.
LOT 9 MONTBLANC
MarcelProustFP,BP,MP
MODEL:WritersLimitedEdition
CAP&BARREL:Blackresinwith925sterling silvertrimandclip(eachpiece)
NIB/TIP:18Kgoldmediumnib(FP)
CONDITION:Unused
US$6,000-9,000
SIGNED:MarcelProustonbarrelandMontblanconclip (each)
PENTYPE:BallpointPen,FountainPen,MechanicalPen BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServiceCertificateandReplyCard Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT27
TheMontblancCatherineIItheGreatPatronofArtSerieslimited edition888fountainpen,madetocommemorateEmpress CatherineIIofRussiawhopresidedovertheRussian Enlightenment.Shewasoneoftheprincipalmodernisersof ImperialRussia.Reflectingthemanyclassicalstructuresbuilt underherreign,thismagnificentlyornamentedinstrument recallsthesplendourofhercourt.Thepenisadornedwith18K rosegoldoverlayonredresinand18Kgoldnibengravedwith anImperialRussianeaglemotif.Thelotcomeswithitsoriginal packaging,lacqueredwooddisplayboxandpaperwork.
LOT
10 MONTBLANC
CatherineIItheGreatFP
MODEL:PatronofArtSeries
CAP&BARREL:Redresinwith18Krosegold filigreeandrubies-set
NIB/TIP:18KgoldmediumnibwiththeImperial Russianeagle CONDITION:Unused(Sealed)
US$10,000-15,000
SIGNED:Montblancstaronfinial PENTYPE:FountainPen
LIMITEDEDITION:33of888
BOX:Fittedpresentationboxandouterpackaging PAPERS:InternationalServicecertificate,Productmanual, andReplyCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT29
LOT11-16
LOT 11 MONTBLANC
AlexandreDumasFP
MODEL:WritersLimitedEdition
CAP&BARREL:Preciousmarbleresinwith gold-platedclipandtrim
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$2,000-3,000
SIGNED:a.Dumasoncap,Montblancstaronfinial PENTYPE:FountainPen
EDITION:6045of20000
BOX:Fittedpresentationboxandouterpackaging PAPERS:InternationalServiceCertificate,International GuaranteeandReplyCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT33
ThePatronofArtEditionLouisXIVrecallstheinteriordecorationoftheroomsandsalonsofVersailles,thecourt oftheSunKing.Thefinebarrelmadeofvermeil–gold-plated925sterlingsilver–isencircledwithadelicate flowerpattern,inspiredbytheworld-famousgardensofVersailles.Thehand-cutnibin18-karatgoldis captivatingbecauseofitscarvedheart-shapedholeandthedelicatelyengravedbows,atypicalfashionaccessory inthecourtoftheSunKing.Launchedin1994,theMontblancLouisXIVseriesislimitedto4,810fountainpens.
LOT 12
MONTBLANC
LouisXIVFP
MODEL:PatronofArtSeries
CAP&BARREL:Gold-plated925sterlingsilver NIB/TIP:18Kgoldmediumnibwith heart-shapedhole
CONDITION:Unused
US$3,500-5,500
SIGNED:Montblanconclipandstaronfinial PENTYPE:FountainPen
LIMITEDEDITION:1950of4810
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalServiceCertificate,Personal ServiceCard,andReplyCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT35
LOT 13 MONTBLANC
EdgarAllanPoeFP,BP,MP
MODEL:WritersLimitedEdition
CAP&BARREL:Midnight-bluemarbleresinwith gold-platedclipandtrim(eachpiece)
NIB/TIP:18Kgoldmediumnib(FP),Gold-plated tip(BP,MP)
CONDITION:Unused
US$4,000-6,000
SIGNED:EdgarAllanPoeoncap(FP),EdgarAllan Poeonbarrel(BP,MP)
PENTYPE:BallpointPen,FountainPen,Mechanical Pen
BOX:Fittedpresentationboxandouterpackaging PAPERS:InternationalServiceCertificate,Reply Card
Pleasenotethislotisthepropertyofaprivateindividual.
36ARTIANA
LOT 14
MONTBLANC
FriedrichIIFP
MODEL:PatronofArtSeries
CAP&BARREL:Blackresinandgold-plated 925sterlingsilver
NIB/TIP:18Kgoldmediumnib
CONDITION:Unused
US$2,000-3,000
SIGNED:Montblancstaronfinial
PENTYPE:FountainPen
LIMITEDEDITION:1297of4810
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalReplyCard,Productmanual, ServiceGuidelines
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT37
Forgenerationsthedragon,likenoothermytologicalcreature,has fascinatedpeople–especiallyintheFarEast.Anawe-inspireing,firebreathingfabledbeastandasymbolofomnipotence,goodwilland wisdom,thedragonhasalsoalwaysbeenaninspirationandacentral elementofclassicworksbyauthorsoffantasyliterature.TheWriters LimitedEditionImperialDragongivesthisgloriouscreaturenewlike anddemonstrateswhythedragonhasfascinatedpeoplefor centuries.In1993,Montblancdecidedtolaunch,specificallyforthe easternmarket,thisspecialversiondecoratedbyanelaboratelymade dragonclip.
LOT 15 MONTBLANC
ImperialDragonBP
MODEL:WritersLimitedEdition
CAP&BARREL:Blackresinwithsterling silverdragonclipsandjewelledeyes CONDITION:Unused
US$2,500-3,500
SIGNED:SignedImperialDragononcap,Montblanc staronfinial
PENTYPE:BallpointPen
LIMITEDEDITION:1015of1500
BOX:Fittedpresentationboxandouterpackaging PAPERS:PersonalServiceCard,InternationalService Certificate,andReplyCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT39
AMontblancPeterTheGreatPatronofArtSerieslimited edition888fountainpen,madetocommemoratePeterThe GreatwhopavedthewayfortheRussianCulturalRenaissance fosteringwriters,artistsandarchitects.Thepenismadeout of18Kwhitegoldoverlayongreenresinwith18Kgoldnib engravedwithanImperialRussianeaglemotifandcomes withitsoriginalboxandpackagingouter,lacqueredwood displayboxandpaperwork.
LOT 16 MONTBLANC
PetertheGreatFP
MODEL:PatronofArtSeries
CAP&BARREL:Greenresinwith18kwhite goldfiligreeandemerald-set NIB/TIP:18Kgoldmediumnibwiththe ImperialRussianeagle
CONDITION:Unused
US$10,000-15,000
SIGNED:Montblancstaronfinial
PENTYPE:FountainPen
LIMITEDEDITION:33of888
BOX:Fittedpresentationboxandouterpackaging PAPERS:InternationalServicecertificate,Product manual,andReplyCard
Pleasenotethislotisthepropertyofaprivateindividual.
FINEPENS:THEMONTBLANCEDIT41
END OFSALE
MontblancInternationalisaGermanmanufacturingcompanyofluxurygoods,basedinHamburg.Foundedin1906bytheGermanengineer AugustEberstein,Montblancwasoriginallyamanufacturerofhigh-endwritinginstruments,althoughit'snowequallywellknownforotherluxury items.Named,"Montblanc"in1910,thecompanywouldopenastoreinHamburgnineyearslaterdedicatedtohisnewlinesofwares.Duringthe mid-1990s,Montblanc'sproductportfoliorapidlyexpanded.Inadditiontofinewritingimplements,Montblancnowalsoproducedandsoldleather goodssuchashandbagsandbelts,aswellasnecklaces,rings,cufflinks,andotherfinejewelry.Sunglassesandperfumewerequicklyaddedtotheroster
FINEPENS:THEMONTBLANCEDIT43
IT’S EASYTO BUY AT ARTIANA
1.BROWSING
BeforeBidding, Clientsare welcometo browsethroughourLotsandseewhat we havetooffer Artianaoffersa varietyof waystodiscovermoreaboutourLots, so makethemostof yourbrowsing:
AuctionCatalogue
Ourcataloguesareavailableonourwebsite, mobileapp, as wellasinprintform, andare a great wayforclientstobrowsethrough upcomingsales. Ourcataloguescontainthe following:
•Imagesofthework
•DescriptionsoftheLot, includingsize, dateandage, medium, type, attribution, quantity, etc.
•Estimates, whichare givenforallLots arebasedonpricesrecentlypaidat auctionor averagemarketvaluefor comparableproperty Theytakeinto accountrarity, condition, quality andprovenance
ConditionReports
ConditionReportssupplementthe cataloguedescriptionandprovideguidance ontheitem’scondition Theseareavailable uponrequest.
OurSpecialists
Wehavein-houseauctionspecialistswho willalwaysbehappytodiscussanitemin greaterdetail. Justcontactour Auction HelpDeskat+971558153030| auction@artiana.com
ViewingGallery
Artianaisaclick-and-mortarhybridand hasaviewinggallerylocatedinDubai, UAEand we wouldalwaysrecommend comingtotheauctionviewingsand lookingatanitemforyourself.
InordertoBid, users must first registeronour website, SignInwiththeir ArtianaID, and request Biddingaccessforthesaleinwhichtheyare interested. Oncetheir requesthasbeenapproved, users canproceedtoBid Artianaoffersyoueaseand flexibility byprovidingthree waystoBidona desiredLot:
OnlineBids
OnlineBiddingallowsyoutodirectlyparticipatein theauctionthroughtheArtianawebsiteormobileapp in realtimeandfromanywhereinthe world All you havetodoisclicktoBidwherever youmaybe. YouwillbeabletotrackyourBidsthroughthe websiteandwillbealertedifyouhavebeenoutbid. Visitwww.artiana.comtofindoutmore.
Proxy/MaximumBids
ThesearesuitableforthoseBidderswhoarenot availabletofollowtheBiddingprocess, or would simplyliketoreserveamaximumBidonaLot. TomakeaProxyBid, you mustentertheMaximum amountthat you wouldliketoBidonaLot, andour auctionsoftwarewillBidonyourbehalfuptothis amount. If youaretheonlypersontoBidonthe selectedLot, then youwillpurchaseitatthelowest possibleprice(theReservePrice).
Written/AbsenteeBids
ThesearesuitableforthoseBidderswhomaynotbe availableduringtheauction, or wouldprefertohave anArtianarepresentativecompletetheonline transactionontheirbehalf Once youhavecompleted the Written/AbsenteeBidsform, wewilleitherBid onlinedirectlyorplacea‘ProxyBid’ onyourbehalf, allowingourauctionsoftwaretoBiduptothis amount. If youaretheonlypersontoBidon your Lot, then youwillpurchaseitatthelowestpossible price(theReservePrice).
Formoreinformation, please refertothe Written/ AbsenteeBidsforminthiscatalogueorcontactour AuctionHelpDeskat+971558153030| auction@artiana.com
3.PAYING AND TAKINGIT HOME
Congratulations! You hold the WinningBidandaretheSuccessful Bidder Once youhavepaidfor your purchase, deliverycanbearranged.
NoBuyer’sPremium ArtianadoesnotchargeanyBuyer’s Premiumoverandabovethe WinningBid. ‘What YouBidIs WhatYou Pay’.
Payment AstheSuccessfulBidder, youwill onlypaythe Winningbidamount, alongwithanyapplicablechargesfor additionalservicesavailedandVAT ifapplicable Paymentsforinvoices arerequiredtobecompletedwithin aperiodofsevenbusinessdaysfrom thereceiptoftheinvoiceviaemail. Refertothe ‘Buyingat Artiana’ guide inthiscatalogueformoredetails. If youhaveanyfurtherquestionsplease contactourHelpDeskat+97155 8153030|info@artiana.com
Storage
PurchasedLotswillinitiallybeheld forcollectioneitheratArtiana’s viewinggalleryorattheshipper’s warehousefor15 businessdaysatno charge, afterwhichadailystorage chargewillbeimposed.
Delivery Wecanhelpyouwithallyour deliveryandshippingrequirements whetherlocalorinternationalfreight. Pleaserefertothe‘Storageand collection’ pageinthiscatalogueor contactourHelpDeskon+97155 8153030|info@artiana.com
2.BIDDING
44ARTIANA
AUCTION CLOSING SCHEDULE
For yourconvenience, particularlyif youarebiddingonmorethanonelot, predetermined groupsofLotsarescheduledtocloseat30-minutetime intervalsduringtheAuction.
IfaBidisplacedwithinthelast5minutes, thetimeron yourscreenwillbeextended by5minutesafterthescheduledClosing TimeoftheLot. Thetimerwillcontinuetobeextendedin5minuteincrementsforanyBiddingreceivedinthe5minutespriortothenewClosing Timeofsuch Lot Aswithatraditionalauctionhouse, biddingwillcontinueoneachlotuntilthereisnomoreinterestinthe room.
Lotshavebeenallottedinto groups, andtheclosingscheduleforthe variousLotGroupsareasfollows:
LOT NUMBERS UAE UTC +4:00 INDIA SRI LANKA UTC +5:30 US EASTERN UTC -4:00 US PACIFIC UTC -7:00 UK UTC +1:00 WEST AFRICA UTC +1:00 EAST AFRICA UTC +3:00 HONGKONG SINGAPORE UTC +8:00 EASTERN AUSTRALIA UTC +10:00 1-5 5:30 p.m. 7:00 p.m. 9:30 a.m. 6:30 a.m. 2:30 p.m. 2:30 p.m. 4:30 p.m. 9:30 p.m. 12:30 a.m. (Mar 31) 6-10 6:00 p.m. 7:30 p.m. 10:00 a.m. 7:00 a.m. 3:00 p.m. 3:00 p.m. 5:00 p.m. 10:00 p.m. 1:00 a.m. (Mar 31) 11-16 6:30 p.m. 8:00 p.m. 10:30 a.m. 7:30 a.m. 3:30 p.m. 3:30 p.m. 5:30 p.m. 10:30 p.m. 1:30 a.m. (Mar 31) FINEPENS:THEMONTBLANCEDIT45
WRIT T EN / ABSENTEE BIDS FORM
Toenter Written/AbsenteeBids, pleasesignthecompletedformandemailittoauction@artiana.comatleast12hoursbeforethe firstclosingtimeofthe auction Foradditionalinformation, please refertothe‘It’sEasytoBuyatArtiana’ and‘BuyingatArtiana’ sectionsinthiscatalogueorthe‘FrequentlyAsked Questions’ (FAQ’s)pageonourwebsitewww.artiana.com.
“I request Artiana, withoutlegalobligationonitspart, toBidontheLotslistedbelow, uptotheMaximumBid AmountIhavespecified. Iagreethat myBid willbetreatedasanofferandissubjecttotheConditionsofSalelistedinthecatalogueandonthewebsitewww.artiana.com IunderstandthatArtianais accepting Written/AbsenteeBidsfortheconvenienceofclientsandIwillnotholditliableforfailuretorecord myBid IunderstandthattheMaximum WrittenBidonce recordedcannotbecancelledandcanonlybeincreasedviaemailconfirmationorbycompletinganother Written/AbsenteeBidsForm, specifyingthehighermaximumBidamount/s.”
PleasementionclearlyincapitalletterstheLot numberandthedescriptionaccurately(artistname, title). Biddersare requestedtoprovideallinvoicing detailspriortothesale TheBidderas registeredwith Artianawillbeinvoiced, andnoinvoiceswillbechangedafterthesale.
46ARTIANA
BIDDING INCREMENTS
Biddingbeginsbelowthelowerestimate, andincreasesinsteps, orincrements Thenext validBidisbasedontheincrementslistedbelow IfBidders enteraProxyBidonline, thenextBidisplacedattheminimumincremental value.
UptoUSD2,000
USD2,000to5,000
USD5,000to10,000
USD10,000to50,000
USD50,000to100,000
USD100,000to200,000
USD200,000andupwards
BIDDINGACCESSLEVELS
AllthelotsinthecataloguearecategorizedintoSilver,Gold,PlatinumandDiamondLevelsbasedontheirLowerEstimatevalues.Thehighvalue lotswillbecategorizedasGoldLevel,PlatinumLevelandDiamondLevelforwhichbiddingaccessattheselevelswouldberequired
LowerEstimateUptoUSD19,999
LowerEstimateUSD20,000to49,999
LowerEstimateUSD50,000to199,999
LowerEstimateUSD200,000andupwards
1.Iagreeandconsenttopayalltheapplicableduties, fees, shippingandhandlingcharges.
2.Iunderstandthatif Artiana receivesidentical AbsenteeorProxyBids, andiftheseBidsarehigherorequaltothe ReservePrice,ArtianawillselltheLottotheBidder, whoseBidit receivedandacceptedfirst.
3.Iunderstandthat AbsenteeorProxyBidssubmittedon ‘NoReserve’ Lotswillbeexecutedataminimumof10%of thelowerestimate(the ‘MinimumValue’), ifthereisnocompetingBid, andthe AbsenteeorProxyBidamountis greaterthantheMinimumValue.
4 IunderstandthattheexecutionofWritten/AbsenteeBidsisofferedasanadditionalservicefornoextracharge. SuchbidsareexecutedattheBidder’sriskandundertakensubjecttoArtiana’sothercommitmentsatthetimeofthe auction Artianathereforecannotacceptliabilityforany reasonableerrororfailuretoplacesuchBids.
ForNewBidders
If youhavenotpreviously registeredwith Artiana, pleasecreatean ‘ArtianaID’ onour website Toparticipateinthis auction, youwillhaveto ‘RegistertoBid’ with yourSign-Indetails Whencontacted byour representative, pleaseprovide aproofofidentityandaddressdocument, suchasacopyofanofficialphotoidentitycard(eitheraNationalIdentity Card, PassportorDriver’sLicense). Once yourdocumentsare verified, youwillbe givenaccesstoBid. You mayalsocall ourAuctionHelpDeskat+971558153030oremailinfo@artiana.com.
FINEPENS:THEMONTBLANCEDIT47
BUYING AT ARTIANA
Estimates
•Estimatesarebasedonpricesrecentlypaidatauctionor averagemarket valueoftheLotasdeterminedbyArtiana’sspecialists.
•TheseEstimatesareprepared wellinadvanceofthesaleandaresubjecttorevision.
•Estimatesareprovidedonlyasaguideforbuyersandshouldnotbe reliedonasapredictionofactualprice.
Reserves
•TheReservePriceistheminimumpriceatwhichtheLotshallbesold.
•TheReservePriceisconfidentialandwillnotbedisclosed.
•TheReservePriceisalwayslowerorequaltolowestimate.
CustomsDuty, Buyer’sPremiumand ValueAddedTax
•Customsdutyof5%willbeapplicableforGCCwidedeliveryofcertainLotsthathavebeentemporarilyimportedintothe UAEfor re-export. TheseLotswillbeidentifiedinthecatalogueaccordingly.
•ArtianadoesnotchargeanyBuyer’sPremium.
•NotaxesareapplicableonpurchasesfromRestofWorldanddesignatedVATexemptfreezones.
• Value Added Tax(VAT)of5%willbeapplicableon Artiana’sinvoiceonanyandallpurchasesfromwithintheUAE,exceptingdesignated VATexemptfreezones.
Pre-Auction Viewings
•Pre-auctionviewingswillbeheldatArtiana’sviewinggalleryinDubaiatthedatesandtimesprintedinthefrontofthecatalogue.
•Artiana’sauctionspecialistswillbe availabletoprovideadvice regardingLotsondisplay.
•Artianaencouragesprospective buyerstoexamineLotsthoroughlybeforetheauction.
Pre-Registration&Bidding Access
•ProspectiveBiddersareaskedto registerwithusbeforeBidding Thissimple, one-timeprocesswillallowuserstocreateaunique ArtianaIDand password, whichwillbe requiredinordertoBidinallourauctions.
•Aftercreatingan ArtianaIDandpassword, prospectiveBidderswillstillneedto requestforBiddingaccessforaparticularLot byclickingonthe ‘RegisterforSale’ button.
•BidderswillstillneedtorequestforBiddingaccessforaparticularLotbyclickingonthe‘RegisterforSale’ button.
•Oncethis requesthasbeenprocessed bythe Artiana AuctionDesk, theBidderwill receiveanemailconfirmationofBiddingaccess.
•Inthe eventthatadditionalinformationis requiredforapproval, theBidderwillbedirectlycontacted byan Artiana representative.
•Pleasenotethatifthisprocesshasnottakenplace, youshallnotbe grantedBiddingaccess.
•ItisrecommendedthatallBiddersregisteratleast24hoursbeforetheauction.
PersonalisedNotifications
•Aftersigninginto Artianaandaccessingthe ‘My Account’ page, youmayselectartistsofinterestand requesttobenotifiedwhentheybecome availableatauction.
Proxy/MaximumBids
•ProxyorMaximumBidscanbeplacedonanyLot bygoingto ‘Upcoming Auctions’ or ‘Current Auctions’, selectingthecatalogueofinterest, andclickingthe ‘ProxyBid’ buttonnexttotheLotonwhich youwishtoBid.
•Pleasenotethat you mustbe registeredandSignedIntoplaceaBidatanytime.
Written/AbsenteeBids
•Writtenor AbsenteeBidscanbeplacedonanyLot bycontactingthe Artiana AuctionDeskinperson, or byemailatauction@artiana.com.
• Youmayplace a Written/ AbsenteeBid by fillingout, signingandsubmittingthe Written/ AbsenteeBidsform availableonlineandinthe printedcatalogue.
•Itis recommendedthatallBidscomeinatleast12hoursbeforethefirstClosing Timeofthe Auction.
StartingBid
•StartingBidisthevalueatwhichtheauctionhouseopenstheBiddingoneachLot.
•StartingBidcansometimesbelowerthanthe valueofthelowerestimate.
BiddingOnline
•Once youaresignedinand grantedBiddingaccess, youmayproceedtoBid.
•After youhaveidentifiedtheLotonwhich you wouldliketoBid, clickon ‘PlaceBid’ andconfirm yourBidatthenext validBid valuelisted.
•Now, youwillbeabletoparticipateintheBiddingprocess byenteringthenext validBideachtime youareout-bid.
•EachnewBidwillincreaseinstepsorincrements overtheprevious validBid.
48ARTIANA
BiddingIncrements
•BiddingIncrementswillbecalculatedasshownintheBidincrementtableinthiscatalogue.
BidHistory
•AllLotshaveBidHistory available, whichcanbeviewed byclickingon ‘ViewBidHistory.’
•BidHistoryindicatesthevaluesrecordedforeachLotsincethestartoftheauction.
•BidHistorywillnotbedisplayedoncetheauctionhasclosed.
AuctionClosingSchedule
•PredeterminedgroupsofLotswillclosesimultaneouslyinLotorderevery30minutes.
•IfaBidisplacedwithinthelast5minutes, thetimeronyourscreenwillbeextendedto5minutesafterthescheduledClosing TimeoftheLot.
•Thetimerwillcontinuetobeextendedin5minuteincrementsforanyBiddingreceivedinthe5minutespriortothenewClosing Timeof suchLot.
•Aswithatraditionalauctionhouse, BiddingwillcontinueoneachLotuntilthereisnomoreinterestinthe room.
•Formoreinformationontheclosingtimesforthissale, pleaserefertotheAuctionClosingScheduleinthecatalogue.
Winning/SuccessfulBid
•WinningorSuccessfulBidisthelastandhighestBidatwhichtheLothasclosed.
•NonewBidscanbeplacedafterthecloseofaLot.
•TheclosingBidisconsideredthe WinningBidonlyiftheBidexceedstheReservePrice.
•Artiana reservesthe righttopublishall WinningBidsonthe websiteafterthecloseoftheauction.
CurrencyofBiddingandInvoicing
•AllBidsareplacedinUSDollars(USD).
•AllInvoicesareraisedinUSDollars(USD).
• Payments receivedin UAEDirhams(AED)willbeconvertedtoUSDasper Artiana’sstandardconversionrateof1USD=3.675 AED.
• Payments receivedinanyothercurrencywillbeconvertedtoUSDasperthebank’ssheetrateonthedayoftransaction.
BidCancellation
•OnceanyBidhasbeenplaced, itcannotbecancelled.
•ArtianareservestherighttocancelanyBidsinordertoprotecttheefficacyoftheBiddingprocess.
AftertheSale
•IfaBidderissuccessful, heshallbeinformedviaemailaftertheauctionhasclosedandwillalsobeabletoviewhiswinningBidsunder ‘SuccessfulBids’ onthe ‘My Account’ pageonthe website.
•TheBidderwillthenreceiveanemailwiththeinvoicefortheLot.
•IfaBidderisthewinningBidder, heislegallyboundtopurchasetheitemfrom Artiana.
•Pleasenotethatpurchaseswillnotbeshippedoutuntilfullpaymenthasbeenreceivedandcleared.
Invoicing& Payment
•Alldetailsfortheinvoicearetobeprovidedand verifiedpriortotheauction.
• Foranyandallclientsand/ortransactionsfromRestof Worldexceptthe UAEinvoicingandpaymentsareprocessed by ArtianaLimited, a companydulyincorporatedundertheRAKICCBusinessCompaniesRegulations2016bearing registered numberIC20120900; andforany andallclientsand/ortransactionsfromwithinthe UAEinvoicingandpaymentsareprocessed by ArtianaLimited, acompanydulyincorporated undertheDubaiInternationalFinancialCentrebearingregisterednumber2249.
•Afterthesale, theBuyer, asinvoiced, is requiredtopaytheamountinfull(includingthe WinningBid, VATand anyapplicablechargesfor additionalservicesavailed).
•Buyerswillbe requiredtocompletepaymentwithinaperiodofseven businessdaysfromthe receiptoftheinvoiceviaemail.
•ArtianashallonlyreleaseLotsoncethepaymentismadeinfull.
•Bank Transfer: YoumayelectronicallytransferfundstoouraccountinUS dollars Whendoingso, pleasequotethesaledetailsalongwiththe Lot numberandinvoice numberasthe reference Forpaymentsmade bybanktransfer, allbankchargesarepayable bythe remitter.
•CreditandDebitCards: Visa andMastercardonly PleasenotethatasArtianadoesnotchargeany Buyer’sPremiumtotheBuyer, forany paymentsmade byCreditorDebitCardsaservicechargeof3%onthetotalinvoiceamountwillbechargedtotheBuyer Itmaybeadvisableto notify yourcardproviderof yourintendedpurchaseinadvanceto reducedelayscaused byushavingtoseekpaymentauthorisation.
Delivery/CollectionofPurchase&Insurance
•Priceestimatesand/orthe WinningBidpricedonotincludeanypacking, insurance, shippingorhandlingcharges, allofwhichwillbeborne by theBuyer.
•Workswillbeshippedwithin7daysofthepaymentbeingcleared.
•ArtianaoffersfreedeliveryinDubaiandcan recommendouraffiliatedshippingcompanyfordeliveriesoutsidethe UAE. Formoreinformation, pleaserefertothe‘StorageandCollection’ pageinthiscatalogue.
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•Alternatively, Buyersmaychoosetocollecttheirpurchasefrom ArtianainDubaiwithin15daysfromthedateofthesale.
•Buyerswhohavenotcompletedpaymentformalitieswillbechargeddemurrage@2%permonthonthe valueoftheartworksandthecharges forstorageoftheproperty.
•ArtianaprovidesinsurancecoverageonsoldLotsforsevendaysaftertheClosing Timeoftheauction Afterthatperiod, oronceaLothasbeen collected(whicheverisearlier), theLotwillbeentirelyatthebuyer’srisk.
Participateinournextauction
•If you wouldliketostayinformedof Artiana’supcoming events, please registerwithusonlineatwww.artiana.com
Consignforournextauction
•If youareinterestedinconsigning worksfrom yourcollectiontoournextsale, pleasecontactusatthe Artiana AuctionDeskon +971558153030|auction@artiana.com
• Fullyclimate controlledartstoragefacility
•In-housearthandlingtruck fortransportation
•Bespokecollectionmanagementservices
• Locatedinthesafeand convenient jurisdictionofDubai International Financial Centre(DIFC)
• Assetsstoredaregoverned byacommonlawframeworkwithlawsand regulations issuedinEnglish
50ARTIANA
FINANCE AT ARTIANA
WhatisArtianaFineArtFinance?
ArtianaFineArtFinanceisourart financeadvisorydivision Leveraginguponthestrengthofourauctionhouseplatform, wespecializein financingsolutionsthatcatertoboth—buyersinourauctionsas wellasotherswhocanborrowagainst blue-chipIndianart works.
Whatservicesdoes ArtianaFine ArtFinanceprovide?
Weprovide financesolutionstoconsignorsandFlexiPayoptionsto buyersatourauctions, andarrangeadvancessecuredagainstIndian fineartat competitiveinterestrates. Ourbespoke financesolutionsprovide financingforfreshacquisitionsorexistingcollections.
WhatisFlexiPay?
Buyersatourauctionscan availofourFlexiPayschemetopayforthelots won bythemsubjecttoeligibility, andsecuringapre-approvalbefore theauction. BiddersintendingtouseFlexiPaytopayfortheiritemsshouldcontacttheauctiondeskbeforetheauctionwithdetailsofthetotal anticipatedamountandspecificlot/sthat wouldbe requiredtobecovered bytheFlexiPayschemeincasethebidsaresuccessful TheFlexiPay schemecoversupto80%ofthelowerestimate valueofthelotsexcludinganytaxesand/orlevies, andthebalanceamount overandabovethe amountcovered bytheFlexiPayschemehastobesettledwithinthe regular timelineasmentionedintheinvoice Theitem/s remaininthe custodyof Artianatillallamountsdueundertheschemeandanyotherincidentalchargesareclearedinfull bythebuyer.
WhatisthetenorandchargesfortheFlexiPayscheme?
Themaximumamountcovered bytheFlexiPayschemeisupto80%oflowerestimate valueofthe respectivelot, whichcanbedividedintoequal paymentsrangingfrom3to12monthsandtheservicechargespayablefor availingtheschemeisaflatrateof12% p.a. proratedasperthepayment tenor ThereisnoarrangementfeeorstoragechargesapplicablewhereasinsurancechargesarebilledatactualstoallFlexiPayclients.
Why financeorborrowagainstart?
Byfinancingtheirpurchasesat Artianaauctions, clientscantakeadvantageofopportunity buysandscheduleadelayedorinstallmentpaymenton theiracquisitionsbasedontheircash flows. Byleveragingexistingartworks, ourclientsoptimizetheuseandenjoymentoftheircollection, while unlockingequityandallowingfurtherportfoliodiversification.
WhattypeofartdoesArtianaFineArtFinanceacceptascollateral?
Wewillconsiderindividualartworksandcollectionsof blue-chipIndianfineartascollateral Artworks mustbefreelymarketableandproduced by prominentartistswithanexistingtrackrecordinthesecondarymarket.
Whatistheartworkevaluationprocessforexternalartcollateral?
Weareanauctionhouse, andofferadvisoryservicesonahighlyconfidentialbasisto evaluateartworks Theindividualartworkorcollectionwill beestimated byusasiftheyarebeingproposedforauction, andtheadvanceagainsttheseitem/swilltypicallybe50%ofthelowerestimate value offered byus Wewillalso requireanindependentinspection byaconservator.
WhatLoan-To-Value(LTV)doesArtianaFineArtFinanceofferagainsttheartworks?
Wewilltypicallyadvanceupto80%ofthelowerestimate valueofartworkspurchasedatourauctionsorupto60%oftheappraised valueofthe proposedexternalartcollateral.
WhataretheadvancesizesthatArtianaFineArtFinanceoffers?
WearrangeadvancesstartingatUSD50,000andcanassistinsecuringadvancesofsubstantiallylargeramounts. For buyersatourauctions wecan offerareducedthresholdonacase-to-casebasis.
Howlongdoesthedisbursaltake?
Theapprovaldependsonthelocationoftheartworksandtheclients’ art ownershipstructure However, ourdomainexpertiseandlarge, liquid balancesheetsofourfinanciersallowustocompletetheprocessmorequicklythantraditionaloperators.
Doourclientsretainpossessionoftheirart?
No, we requirethattheartworkbeheldascollateralinourartstorage facilitytilltheadvancehasbeenfullypaidbacktoour financier.
Willtheartworksbeinsuredduringthetermtheyareheldascollateralinstorage?
Throughoutthetermthattheartworksareheldascollateraltheywillbeinsuredatdoubleoftheadvanceamount, tocoverthefull valueoftheart asset Thepolicywillbeassignedtousfordistributingtheamountsasstipulated, betweentheclientandfinancier Theinsurancecoverstheitems rightfromthetimeofcollection, duringstorageuntilthe finalhandover.
Whoownstheartworksduringthetermtheyareheldascollateralinstorage?
Theartworks remaintheclients’ propertyduringtheentirestorageperiod.
WhataretheadvantagesofArtiana’sFineArtFinancecomparedtoatraditionalbankloan?
Ouradvancesofferflexibilityanda variabletenorsupto24monthswithano-chargeearlyexitoption. Unlockingequityand receivingliquidity withoutcumbersomedocumentationandcreditapprovalprocess Thereisnopersonalliability, thecollateralizedartworksarethesoleguarantee towardstheadvance(non recourse).
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Whataretheearlyexitoptionsbeforeexpiryoftheagreedtenor?
Clientscan requestanearlyexitbeforetheexpiryoftheagreedtenor by giving30daysnoticewithoutanyexitchargesbeingpayable Any advanceservicechargescollectedinsuchcaseswillbenon-refundable.
Whatarethechargesandcostsfortheserviceandadvance?
ArtianaFine ArtFinancewillchargeanarrangementfeeof2%oftheadvanceamountsarrangedagainstexternalartassets, thisfeeis waivedfor financearrangedagainstpurchasesmadeinourauctions. Dependingonthe value, tenorandtermsoftheadvancethechargesarecalculatedat typically15% p.a., payablequarterlyinadvancefor fixedmaturitypayments, andata flatrateof12% p.a. formonthlyinstallmentpayments. Thechargesaresetatthestartofthe facilityand fixedfortheentiretenor Therearenoadditionalcostsfor evaluationandstorage, insurance coverisprocured by Artianatocoverthefull valueoftheassetandbilledatactualstotheclient.
• FlexiPayscheme forbuyersatourauctions
•Bespokesolutions for consignorsandcollectors
•Fastdecisionsandquickdisbursals
• Flexible tenorsand repaymentoptions
•Noearlyexit feespayable
52ARTIANA
CONDITIONS OFSALE
Artiana: Artiana referstoour relevantcorporateentityactingasa representativeofeitheritself, anyofitsaffiliates, assignsoranyof itsSellers.
• Foranyandallclientsand/ortransactionsfromRestof Worldexceptthe UAE: Refersto ArtianaLimited, acompany dulyincorporatedinRAKInternationalCorporateCentre- UAE, bearingregistrationnumberIC20120900.
• Foranyandallclientsand/ortransactionsfromwithinthe UAE: Refersto ArtianaFZE, acompanydulyincorporated intheHamriyahFreezone-UAE,bearingregistered number19542. (DesignatedVATexemptfreezoneswithintheUAEaredeemedas RestofWorldregion)
ArtianaServer: Thesystem(s)thatprovidescomputerdeviceswith accessto resourcessharedoncomputernetworks, including Artiana data, applicationfilesandprinters.
Auction: AnauctionofProperty(ies)/Lot(s)tobeconducted by Artianaonwww.artiana.comoranyother websiteonthedate indicatedintheAuctionCatalogue.
AuctionCatalogue: Thecatalogueaspublished by Artiana, whether inprint, ontheMobile Application, oronthe Website, includingthe Print AuctionCatalogue, theMobileApp AuctionCatalogue, the Online AuctionCatalogue, andtheeCataloguewith respecttoan Auction, containingdetailsoftheAuctionalongwiththedescription, priceandotherdetailsofPropertiestobeofferedforsaleatsuch
Auction. IncaseofanydiscrepancybetweenthePrint Auction Catalogue, theMobileApp AuctionCatalogue, theOnline Auction Catalogueand/ortheeCatalogue, theOnline AuctionCatalogue, as modified by Artianafromtimetotime, shalltakeprecedence.
AuctionClosingSchedule: Theschedulespecifyingtheclosing timesforBidsforeachLottobesoldthroughtheAuctionas specifiedintheAuctionCatalogue.
Bid: Thepriceoffered byaBiddertopurchaseaparticularProperty offeredforsaleatanAuction.
Bidder:A personmakingaBidforthepurchaseofoneormore Property(ies)offeredforsaleatanAuctioninaccordancewiththe termsandconditionssetoutintheConditionsofSaleandsuch personshallbedeemedtohaveenteredintoallapplicablecontracts underthegoverninglaw.
Buyer: TheBiddermakingthe WinningBidwith respecttoa Property(ies), whohastherebyagreedtopay/haspaidtheSalePrice payablewith respecttosuchProperty(ies).
ClosingDate: Thedatespecifiedinthe AuctionClosingSchedule onwhichtheAuctioncloses.
ClosingTime: ThetimeatwhichtheAuctionforanyoftheLot GroupslistedintheAuctionClosingSchedulecloses.
ConditionsofSale: TheConditions, whicharepublishedinanyof the AuctionCataloguesandareapplicableto everyBidand everysale ofPropertymadethroughan Auction. Incaseofaconflictbetween theConditionspublishedintheOnlineAuctionCatalogueandinthe Print AuctionCatalogueoreCatalogue, theOnline Auction
Catalogue version, asmodified by Artianafromtimetotime, shall takeprecedence.
Cultural Artifacts: Antiquitiesanditemsofhistoricalinterestor significancedesignatedasCulturalProperty.
Description: AllthedetailsofaPropertyassetoutinthe Auction Catalogueandmayinclude, withoutlimitation, thenameoftheartist, designerormanufacturer, thetitleoftheProperty, andthefollowing additionaldetails.
• ForArtworks: Thesignatureoftheartist/dateoftheProperty(if any), thesurface, medium, editionnumber(whereverapplicable) anddimensionsoftheProperty.
• ForPreciousObjects: Anyotherfeaturesorcharacteristicsofthe PropertymentionedintheAuctionCatalogue.
eCatalogue: Anelectronic reproductionofthePrint Auction Cataloguethatmaybemade availableonthe Websiteforcertain auctions.
LotGroups:TheProperties groupedtogetherforAuctionthatwill closeataparticulartime.
MobileApplication: ReferstoArtiana’sproprietarymobileauction application, asupdatedfromtimetotime, and availablefordownload fromthe Apple AppStoreorGooglePlay, forthepurposeofviewing the AuctionCatalogue, placingBids, viewing Auction results, accessingotherinformation relatedto Artianaorthe Auction, and receivingpushnotificationsonamobiledevice.
MobileAppAuctionCatalogue: ThescreenswithintheMobile Application relatingtothe Auction, asmaybeamendedfromtime totime.
Notices: Informationincludedinthe AuctionCatalogue by Artiana -whetherinprintoronlineorontheMobileApplication-to correcterrorsandomissionsintheAuctionCatalogue Although theseareprovidedfortheBidders’ convenience, theOnline Auction Catalogue, asmodified by Artianafromtimetotime, shalltake precedenceinallcasesofdiscrepancy.
OnlineAuctionCatalogue: Thewebpagesonthe Websiterelating tothe Auction, asmaybeamendedfromtimetotimeincluding web pagesaccessibleviathelink “AuctionCatalogue” (includingallpages providingdetails relatedtotheProperty(ies)), as wellasadditional pagescontainingdetailsoftheAuctionaccessibleviathelink“About theAuction.”
PreciousObjects: Jewellery, watches, loosepreciousstonesandany otherobjectsofferedforsalewithinthecontextofanAuction.
Print AuctionCatalogue: Theprinted versionofthe Auction Catalogue.
Property/Lot: TheArtworks, PreciousObjects, andanyotheritems offered by Artianaforsale, eitherindividuallyorcollectively(asa singleunit), throughthe Auction.
ProxyBid: ReferstoanyProxy/MaximumBidplaced bya buyer onthe WebsiteauthorisingtheauctionsoftwaretoautomaticallyBid onhisbehalf, untilsuchMaximumamountis reached.
ReservePrice:Theminimumprice, asdetermined by Artianaand theSeller, acceptableforthesaleofthePropertythroughan Auction. Seller: ThepartyconsigningthePropertytoArtianaasitsagentfor salethroughAuction.
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TechnicalDowntime: ThetimeperiodduringwhichtheArtiana Serverorthe Websiteisnotoperationalduetoamalfunctionor plannedmaintenance.
TermsofBusiness: Thetermsofbusinessexecutedbetween ArtianaandtheSellerincludingbutnotlimitedtotheconsignment agreement.
Website: ThecollectionofHTMLand/orinternetdataandmedia locatedattheURLwww.artiana.comand/oranyotherURLlinked tothe Website.
WinningBid/SalePrice: ThehighestBidofferedwithrespecttoa PropertyattheClosing Time, wherethe WinningBidshalleitherbe higherthanorequaltotheReservePrice.
WinningBidder: TheBidderwhohasplacedthe WinningBid.
WrittenBid: Referstoany Written/AbsenteeBidrecordedwith Artianauponsubmissionofthecompleted Written/AbsenteeBids formatleast12hoursbeforethefirstClosing Time.
Byparticipatinginthis Auction, youacknowledgethat youarebound bytheConditionsofSaleaslistedbelowandonthe Website.
2.1. Artiana’s roleastheagentoftheSeller:Artianaundertakestosell thePropertiesthroughAuctionastheagentforandonbehalfof theSeller.
2.2. MakingaBidconstitutesanirrevocableoffertopurchasethe Property, andtheacceptanceofaBidasthe WinningBid by Artiana shall resultinanenforceablecontractofsalebetween Artiana, acting solelyastheagentoftheSeller, andthe WinningBidder.
2.3. Artianaisauthorised bytheSellertoexerciseitscomplete discretionin:
•determiningtheformandcontentoftheDescriptionsinthe AuctionCatalogue, •grantingBiddingaccesstoaBidder, • recording, rejectingoracceptingBids, and •decidingwhichBidconstitutesthe WinningBid, ifany.
(BiddingaccessshallbegivenatArtiana’sdiscretionandArtianamay setlimitsonthetotalvalueofallBidsmadeand/orthenumberof Bidsthatmaybemade byaBidder Artianamayalso requirepayment guaranteesand/ordepositsasaconditionprecedenttogivingBidding accesstoaBidder Bidderswillbeinformedofthelimitsonthetotal Bid valueand/orthenumberofBidsthattheymaymake, ifany, and willnotbeallowedtoBidfurtherifeitherofsuchBiddinglimithas beenexhausted. Bidupdatesandtimeextensions, ifany, shallbe updatedonthe WebsiteandMobile Application. Onboththe Website andtheMobile App, Biddersmay refreshtheirBiddingpages by clickingonthe “RefreshNow” iconorthe re-load/refreshbuttons ontheirbrowsers, whereapplicable Artianashall evaluatetheBid historiesofspecificLotGroupsperiodicallytopreservetheefficacyof the Auctionprocess Thisexercisemaybeconducted by Artiana internallyorthroughthirdpartiessolelyatthediscretionofArtiana.)
FortheconvenienceofBidders, particularlythosewhoareplacing BidsonmorethanoneLot, LotGroupsarescheduledtocloseat 30-minutetimeintervalsduringtheAuction.
TheBiddingforvariousLotGroupsshallbeclosedinaccordance withthe AuctionClosingSchedule However, inthe eventthat Artiana recordsanyBiddingactivityinthe5minutespriortothe
closingofaLot, theClosing TimeforsuchaLotshallbeextended by 5minutesfromitsoriginallyscheduledClosing Time TheClosing Timeshallcontinuetobeextendedin5-minuteincrementsforany subsequentBiddingreceivedinthe5minutespriortotheclosingof suchLot. Inthe eventthattheClosing Timeisextendedin accordancewiththisClause, biddingontheLotshallonlyendifno Biddingactivityis recorded by Artianaduringthelast5minutesof extendedtime Biddersareadvisedtoclickonthe“RefreshNow” icononthe WebsitepageorintheMobileApplicationatregular intervalsinaccordancewiththeprovisionsofClause2.5forupdates onlatestBidsandtimeextensionsifany.
2.5. TrackingBids
The Websiteshallcontainalinktitled ‘LotsIBidOn’ withinthepage ‘Current Auction’ andtheBiddermayclickonthislinktoaccess informationonallBidsmadeon variousLots. Foreaseoftracking Bids, BiddersareadvisedtoassignBiddingnicknamestothemselves. The WebsiteandMobileApplicationshallcontain:
•TheBidhistoryforeachLot, beingthelast5Bidamountsthat havebeen recordeduntilandincludingthecurrenthighestBid; and •Acountdownclockindicatingtheamountoftime availablefor placingBidsbeforetheClosing Time.
TheBidhistory, currentBid, andcountdownclockshallbeaccurate atthetimeofdownloadingofthose values, providedthatsuch informationhasnotchangedduringthetimetakenforthis informationtoreachtheBidder’scomputerormobiledevicefrom the ArtianaServer ThemostupdatedBid valuesshallbeshownonly whenthe WebsitepageortheMobileApplicationpagecontaining theinformationonBid valuesis refreshed; whichshallhappeneither automaticallyat regularintervals(Every5minutespriortoonehour beforetheclosingtimeofthefirstLot/LotGroupandevery 1minutewithinthelasthouroftheclosingtimeofthefirstLot/Lot Groupandshallcontinuerefreshing everyminutetillthecloseofthe lastLot/LotGroup)orwhenaBidderclicksonthe‘RefreshNow’ icononthe WebsitepageorintheMobileApplicationpage. Whenthecountdownclockcountsdowntozero, inthecasewhere theClosing TimewithrespecttoaparticularLothasbeenextended byafurther5minutespursuanttoClause2.4above, thecountdown clockmaynot reflectsuchextension Assuch, theBiddermay wait forthe valuesonthepageto refreshautomaticallyonthe Website, or clickonthe ‘RefreshNow’ linkonthepageorintheMobile ApplicationtodeterminewhethertheClosing Timehasbeen extendedforthatLot.
ThecountdownclockcombinedwiththecurrenthighestBidas shownintheBidhistoryonthe Websiteshallonlybeanindicationof thehighestBidamountatthetimewhenthevaluesonthe Website orMobileApplicationwererefreshedinthemannersetoutinClause 2.5above Shouldbidders wantmorefrequentupdates, theyare advisedto refresh valuesasdescribedinClause2.5inordertoview themostupdatedBidhistoryandcountdownclock.
Duetothenatureofinternetand/ormobiletraffic, theremaybean unpredictabletimelagbetweenaBidderplacingaBid, andthatBid being received by Artiana Therefore, althoughaBiddermayhave placedhis/herBidpriortoClosing Time,ArtianamayreceivetheBid aftertheClosing TimefortheLotwithrespecttowhichtheBidhas beenplacedandshall, insuchan event, be rejected. Inorderto preventBidsbeing rejectedinsuchamanner, BiddersmaysetProxy Bids/MaximumBidsforLotsonwhichtheywishtoBid.
2.4. Closing Times
54ARTIANA
Written/AbsenteeBidsmayberecordedwithArtiana12hoursprior tothefirstClosing Time, subjecttotheotherprovisionsofthese ConditionsofSale, includinganylimitsimposed by Artianaonthe numberofBidsthatmightbeplacedbyaBidder.
2.6. Biddersareadvisedto keeptheir ArtianaIDandpasswordsecure atalltimes ArtianawillholdtheBidderresponsibleforallBidsplaced usingtheir ArtianaIDandpassword, whetherviathe Websiteora mobiledevice BiddersusingtheMobileBidding Applicationare advisedto keeptheirmobiledevicessecureandsetpasswordsfor themtopreventunauthoriseduse.
2.7 ArtianareservestherighttowithdrawanyPropertybefore, duringorafterthe Auction, ifithas reasontobelievethatthe authenticityofthePropertyortheaccuracyoftheDescriptionis indoubt, orifthereisabreachofthe TermsofBusiness, orinthe caseoferrorordispute, orif Artianaotherwisebelieves, atitssole discretion, thatit wouldbeimpropertoincludethePropertyinthe Auction, andcanduringoraftertheAuctioncontinuethebidding, determinethesuccessfulBidder, cancelthesaleoftheLot, or re-offer andresellanyLot.
2.8. AllProperty(ies)shallbesoldsubjecttotheReservePrice Ifthe WinningBidisbelowtheReservePrice, thePropertyshallbe consideredunsoldexceptinsuchcasewherethe WinningBidisa ProxyBidandthemaximumlimitontheProxyBideithermatches orishigherthantheReservePrice InsuchcasestheProperty(ies) shallbesoldatReservePricetotheProxyBidder TheReservePrice oneachPropertyshallbeconfidentialand Artianashallhaveno obligationtodisclosethesametoanyBidder.
2.9. ArtianawillinvoicetheBuyerfortheSalePrice(Winning Bid)andanyadditionalchargesthatmaybeincurred by Artiana areapplicableonthesale, includingshippingandhandlingof theProperty 5% VATwillbechargedon Artiana’sinvoiceandis applicableonanyandallpurchasesfromwithinthe UAE.
2.10. ThetitletothePropertiespurchasedinanAuctionshallpass totheBuyerattheClosing Timesubjecttotheconditionsinclause
2.7forthosePropertieswhereaBuyerholdsthe WinningBidand saidBuyerassumesfullriskandresponsibilitiesfortheProperties thereafter Propertiespurchasedwillnotbe releasedorshippedout totheBuyerorhisrepresentativeuntiltheBuyerhasfulfilledhis paymentandotherobligationsasdescribedintheseConditions ofSale ArtianamayexercisealienonthePropertiesunderthe conditionsdescribedinClause2.17.
2.11. BiddingIncrementswillbecalculatedasshownintheBidding Incrementtablebelow.
dateofeitherreceivingthefundsfromtheBuyerorremittingthe fundstotheSeller Inthecaseofpaymentsforpurchasesbeingmade in UAEDirhams(AED), astandardconversionrateof1USD=3.675 AEDwillapply.
2.13. AllBiddersare requiredtoprovidecompleteandaccurate invoicingdetailstoArtianaatthetimeofregistrationforthe Auction Invoicingdetails, once registered, willnotbechanged The Biddershallbeinvoicedbasedondetailsprovidedatthetimeof registeringforthe Auction. ForanyandalltransactionsfromRestof Worldexceptthe UAEinvoicingand/orpaymentsareprocessed by ArtianaLimited, acompanydulyincorporatedundertheRAKICC BusinessCompaniesRegulations2016bearingregisterednumber IC20120900; andforanyandalltransactionsfromwithinthe UAE invoicingand/orpaymentsareprocessed by ArtianaLimited, a companydulyincorporatedundertheDubaiInternationalFinancial Centrebearingregisterednumber2249.
2.14. The WinningBiddershallpaytheSalePriceinfull(including anyadditionalchargesand VAT, ifapplicable)withinseven business daysfromtheClosingDate NoshipmentordeliveryoftheProperty willbemadetothe WinningBidderiftheSalePrice, andanyother additionalchargesthatmaybepayable bytheBuyer, arenot received byArtianaanduntilallproperdocumentationinconnectionwith thesaleofthePropertyhasbeencompleted. Paymentswillnotbe acceptedfromanypartiesotherthanthe WinningBidderasrecorded ontheinvoice.
2.15. Nonpayment
The WinningBiddershallensurethatinvoicesprovided by Artiana arepaidinfullandallremittanceofamountsdueundersaidinvoice ismadewithinseven businessdaysfromthedateoftheinvoice Inthe casethatpaymentsarenot receivedwithinsuchperiod, itshallbe treatedasabreachofcontractofsale bytheBuyerand, insuchan event,Artianaisauthorisedatitssolediscretiontocancelthesale uponexpiryofthisstipulatedperiodofsevenbusinessdayswithout beingobligedtoinformtheBuyerofthesame, andtheSeller authorisesArtianatotakeanysteps(includingreportingthelate payments, missedpayments, orotherdefaultsontheaccounttoany credit bureauandtheinstitutionoflegalproceedings), asdeemed appropriate, toenforcethefulloranydifferentialpaymentdue bythe Buyer Inaddition, theBuyerwillbechargeddemurrage@2%ofthe totalvalue(WinningBid)permonthuntilthedateofactualpayment.
2.16. Failuretocollect
IftheBuyerinformsArtianathathewishestocollectthe Property(ies)fromArtianainpersonandsuchProperty(ies)isnot collectedbytheBuyerwithin15daysfromtheauctionclosingdate, ArtianashallarrangeforstorageoftheProperty(ies)attheBuyer’s expense, andshallonly releasetheProperty(ies)afterpaymenthas beenmade, infull, includingdemurrage@2%ofthetotal value (WinningBidplusanyotheradditionalcharges, ifapplicable)per monthforallpaymentsdueandthechargesforstorageofthe Property(ies), ifany.
2.17 ArtianashallbeentitledtoexercisealienontheProperty(ies) forpaymentofanysums receivablefromtheBuyer, includingtheSale Priceandcostsrelatingtostorageandinsurancewheretheyaretobe borne bytheBuyer, in relationtoanyProperty(ies)purchased by theBuyer.
2.12.
foranytransactioninothercurrencies, theexchangeratewillbe calculatedasperthesheetrateofthebankspecified by Artianaonthe
The AuctionisconductedinUnitedStatesDollars(USD)and,
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2.18. Artiana reservesthe righttonot awardthe WinningBidtothe highestBidderattheClosingDateifitdeemsitnecessarytodoso.
2.19. TheBuyeracknowledgesthat Artianawillabide byanyexport restrictionsthatmayapplyinthecountriesfromwherespecific Property(ies)willbeshipped TheBuyershallalsoberesponsibleto ensurethattheProperty(ies)isfreelyimportableintothecountry wheresuchProperty(ies)isintendedfordelivery(asspecifiedbythe Buyer). Inthe eventtheBuyeror Artianabecome awareofany restrictionstosuchimportsubsequenttothecompletionofthe Auction, theBuyermayprovideanalternatedeliverydestinationto Artiana (SuchrestrictionsonimportofanyProperty/Lotpurchased byaBuyershallnotqualifyas groundsfortheBuyertocancelsuch saleunderanycircumstances) Allcostsassociatedwiththeprocessof deliveryandstorage(whenrequired)oftheProperty(ies)shallbe borne bytheBuyer TheProperty(ies)shallbehanded overtothe Buyer, orhisnominee, onlyuponfullpaymentofallsuchcosts.
2.20. Artianahasthe righttoexercise reasonablediscretioninsetting BidincrementsasperClause2.11orotherwise, refusinganyBid, advancingtheBidding, withdrawingordividinganyLot, combining twoormoreLots; andinthecaseoferrorordispute, duringorafter thesale, determiningthesuccessfulBidder, continuingtheBidding, cancellingthesaleor reofferingand resellingtheitemindispute If anydisputearisesafterthesale, then, intheabsenceofany evidencetothecontrary, thesale recordmaintained by Artiana willbeconclusive.
2.21 WrittenBidsareacceptedfromBiddersoncetheyhavebeen givenBiddingaccessfortheAuction Theseareenteredasonline directorProxyBids by Artiana, andmaynotbestoppedoraltered by theBidderoncetheAuctionhascommenced WrittenBidsare accepteduntiltwelvehourspriortothe firstClosing Time.
2.22. ArtianaemployeesmaynotBidinthe Auctiononcethe Auctionhasstarted Theymayhoweversubmit a WrittenBidforan amountthatmaybeequaltoorabovethelowerestimateofaLot beforethe AuctioncommencesandhaveaProxyBidplacedontheir behalf Oncethe Auctionhasbegun, theymayonlyincreasetheir ProxyBid.
2.23. ArtianaemployeesmayBidincharityauctionsthatareheldon theArtianaAuctionplatform.
2.24. SellersarenotallowedtoBidontheparticularLot(s)they haveconsigned.
2.25. ArtianadoesnotplaceorallowanyBidstobeplacedonbehalf oftheSeller AlloftheBids recordedat Artianaarefrom registered Bidders.
2.26. OnceaBidis registeredinoursystem, whetherplaced byan activeBidderor byProxy, itisimmediatelyandautomatically displayedforall registereduserstosee.
2.27. TechnicalDowntime
Intheunlikelyeventthatthe WebsiteisinaccessibletoBidders worldwidedueto TechnicalDowntimewithinthehalfhour priorto thescheduledClosing TimeforanyoftheLotGroups, theClosing TimeofthatLotgroupandsubsequentLotGroupswillbeextended bythedurationofthe TechnicalDowntime Incasethe Technical DowntimeextendsbeyondtheClosing TimeforaparticularLot Group, the Websiteshall, afterthe TechnicalDowntime, showthe AuctionfortheparticularLotGroupasclosed. However, theClosing TimeforsuchLotGroupandsubsequentLotGroupsshallbe extendedbythedurationofthe TechnicalDowntimeandappropriate detailsoftheextensionshallbepublishedonthe Websiteshortlyafter recoveryfromthe TechnicalDowntime Notethatanymalfunctionin
theMobile Applicationdoesnotconstitute TechnicalDowntime In the eventofsuchmalfunction, Biddersshouldusethe Websiteto placeBids.
2.28. Bids recordedpriortoany TechnicalDowntimewillbetreated asvalidaccordingtotheConditionsofSale Artianashallnotbeliable foranylossofinformationduetothe TechnicalDowntime Thedata logsoftheArtianaServerwilldeterminethedurationofthe TechnicalDowntimeandanydeterminationmade by Artianain respectofextensionoftheClosing Timeshallbe final.
3.1. ArtianaoffersallProperty(ies)forsaleatthe Auction “asis”, whichmeansthattheProperty(ies)aresoldwithallexisting faultsand imperfections. Measurementsare givenasHeight x WidthxDepthin decimalinches(rationalizedtotheclosest0.25, 0.5, 0.75)andin decimalcentimetres ArtianaencouragesallpotentialBuyersto inspecteachitemcarefullybeforeBidding.
3.2 Any statementsmadebyArtianaaboutanyProperty(ies), whetherorallyorinwritingconcerningattributionto, forexample, anyschoolofartorcraftsmanship, countryororigin, historyor provenance, areonlyexpressionsof Artiana’s ownopinionorbelief. Suchopinionsorbeliefsincludingtheestimatevaluesofthe propertieshavebeenformedhonestlyinaccordancewiththe standardofcareexpectedofanauctionhouse However,Artianadoes notinanyway representthatithascarriedoutexhaustive research oranalysis, anditistherefore recommended, especiallyincasesof Property(ies)ofhigh value, thatpotentialBuyersseekadviceonsuch mattersfromtheirownprofessionaladvisors.
3.3 TheBuyerundertakes:
•toinspectandsatisfyhimselfpriortotheAuctionastothe conditionanddescriptionoftheProperty(ies);
•torelyonhisownjudgmentastowhethertheProperty(ies) matchesitsdescription; and
•tonotrelyonanillustrationofanyProperty(ies)giveninthe Catalogue
3.4. Neither Artiananoranyofitsaffiliates, agents, representatives, employeesordirectorsshallbeliableforerrorsoromissionsinanyof therepresentationsmadeintheAuctionCatalogueorotherwisewith respecttoauthenticity, description, orconditionofanyProperty(ies) forsalethroughtheAuction.
4.1. ArtianaprovidesanassuranceonbehalfoftheSellerthateach artworkofferedatauction, isagenuineworkoftheartistlisted. Artianaguaranteestheauthenticityofsuchartworkforaperiodof sixmonthsfromtheauctionclosingdate Authenticityinrelationto artworksshallmeancomplianceoftheartworkwiththedescription providedonthe website, particularlywith referencetothename oftheartist, title(ifany)oftheartwork, date, theschoolofart (ifmentioned), dimensions, medium, etc.
Intheunlikely eventthatwithinsixmonthsfromthecloseofan auction, itisproved bytheBuyer, tothe reasonablesatisfactionof Artiana, thattheitem wasnotauthenticandif, inArtiana’sopinion, thiswouldhavesignificantlyimpactedthe WinningBidfortheitem, Artianashallbeentitledto rescindthesale Insuchan event, the SellerwillbeliabletorefundthepaymentfortheitemtotheBuyer,
56ARTIANA
through Artiana.Theitem inquestion willsubsequently be returned totheSeller.
Allsuchclaimswillbehandledonacase-by-casebasis, andinthe caseofanauthenticityclaimin relationtoanartwork, examinable proof, clearlydemonstratingthattheitemisnotauthentic, willbe required. Suchexaminableproofshouldbeprovided byanestablished andacknowledgedauthority Artiana’sdecision, with regardstosuch claims, shallbefinalandbinding.
4.2 Theaboveguarantee giveninclause4.1shallbesubjecttothe followingconditions:
•TheclaimismadebytheBuyerasregisteredwithArtiana(the benefitoftheclaimisnotassignabletoanysubsequentownersor otherswhomayacquireorhaveaninterestinanyoftheProperties)
•ThePropertyisreturnedinthesameconditionthatit wasinatthe timeofdeliveryofthePropertytotheBuyer
•TheProperty wasindisputablypurchasedthroughArtiana
4.3. InthecaseofPropertieswhichhavebeencategorised by Artiana asPreciousObjects,Artianaprovidesanassurance, onbehalfofthe Seller, thateachpieceshallcomplywithcharacteristicsorfeatures mentionedintheDescriptionofthePropertyintheAuction CatalogueforaslongasthePropertyisinthepossessionofArtiana. Allcoloredstonesunlesscertifiedmayormaynotbetreatedfor enhancements. ItisthereforeadvisableforBuyersorpotentialBuyers ofsuchProperties, toinspectthePropertypriortoBiddingorprior toshipmentorBuyerpickupfromArtiana.
Intheunlikely eventthatduringsuchinspection, theBuyerisableto provetothe reasonablesatisfactionof ArtianathatthePropertydoes notmatchthedetailsintheDescription, andif, in Artiana’sopinion, Biddersbeing awareofsucherrororomission wouldhaveBid significantlylessthantheactualSalePrice,Artianashallbeentitledto rescindthesaleandtheSellerwillbeliableto refundtotheBuyerthe SalePricepaidfortheProperty; and Artianashallhand overthe PropertytotheSelleruponrefundoftheSalePricepaidtohimfor theProperty Once Artianaobtainsthe refundedamountfromthe Seller, itshallforwardthesametotheBuyer Thisguaranteewillnot beapplicablewherethePropertyisbeingshippedtotheBuyer byArtiana.
4.4. InthecaseofPropertiessuchasantiquitiesoritemsofhistorical interestwhichhavebeencategorisedbyArtianaasCulturalArtifacts, Artianaprovidesanassurance, onbehalfoftheSeller, thateachobject ofantiquarianorhistoricalinterestorsignificancehasbeenacquired withoutviolatinganylocalorinternationallaws.
Intheunlikely eventthatitisprovedthattheacquisition, provenance and/or ownershipofsuchCultural Artifactsofferedatour Auction issubjecttoalegaldispute, theBuyershall keep Artianaindemnified fromanysuchlegalproceedings.
4.5. Inallcases Artiana retainsthe righttoconsultwith, atthe expenseoftheBuyer, uptotworecognizedexpertsinthefield (suchexpertsbeingmutuallyacceptabletoArtianaandtheBuyer), toexaminethePropertyunderquestionbeforedecidingtorescind thesaleandoffertherefundundertheaboveguarantee Theopinion oftheexpertsshallnotbebindingon Artiana.
4.6. Inthe eventoftheSeller’s failureto refundtheproceedsasstated inthisclause, theBuyershall returnthePropertyto Artianaand authoriseArtianaasitsagenttoinitiatelegalproceedingsagainstthe Seller Anysuchstepstakenorlegalproceedingsinstituted by Artiana, againsttheSeller, shallbeatthecostoftheBuyerandArtiana’s liabilityshallbelimitedasperClause5.1.
5.1. Artianahasanobligationto refundtheSalePricetotheBuyer onlyuponrecoveryofsuchamountsfromtheSellerandinthe circumstancesdescribedinClause4above(AuthenticityGuarantee). TheBuyerindemnifies Artianafromanynon-recoveryofsuch amountsandagreesthattheyshallnotholdArtianaresponsiblein casesuchamountsarenot recoverablefromtheSeller Artiana providesinsurancecoverageonsoldLotsforsevendaysafterthe Closing Timeoftheauction Afterthatperiod, oronceaLothasbeen collected(whicheverisearlier), theLotwillbeentirelyatthebuyer’s risk. Damages, lossesorlossin valueofanyartworks(including frames)incurredduringshippingandtransitarenotcoveredasper theinsurancepolicytaken by Artiana. IncasetheBuyeroptsfor transitinsurancecoveragearrangedforbyArtianabyanyoftheir insuranceproviders,Artianashallnotentertainanydirectclaimsfor damageorlossduringshippingandtransitandthese wouldhaveto bedirectedtosuchinsuranceproviders; Subjecttotheauthenticity guaranteeabove, neither Artiana’ssuppliersnor Artiana, noranyof Artiana’semployeesoragents, shallbe responsible, eitherforthe correctnessofanystatementsastotheauthorship, origin, date, age, attributesorgenuinenessofanyPropertyinthesale, orforany mistakesintheDescription, orforany faultsordefectsinthe Properties, orforanyotheractoromission, whatsoever Artianaoffers noguaranteeorwarrantyotherthanthelimitedassurancecontained intheauthenticityguaranteeabove.
5.2. Itisstatedandagreedthatthe rescissionofthesaleandthe refundofthetotalSalePricepaid bytheBuyeristhesole remedy thatmaybesought byaBuyer, andsuch remedyisexclusiveandin lieuofanyother remedywhichmayotherwisebe availableunderlaw. Artianashallnotbeliableforanyincidentalorconsequentialdamages incurredorclaimed.
AllcontentofthePrint AuctionCatalogue, eCatalogueandonthe WebsiteandMobileApplicationarecopyrightprotectedinfavourof Artiana Alltrademarks, names, brandnames, etc usedinthePrint AuctionCatalogueandonthe WebsiteandMobileApplicationare trademarksofArtiana Anyrightsnotexpressly grantedhereinare reserved. Noimage, illustrationorwrittenmaterialmaybeusedor requiredwithoutthepriorwrittenpermissionofArtiana Artianaand theSeller(s)makeno representationor warrantythattheBuyerofa Propertywillacquireanycopyrightorother reproduction rightsinit.
7.1. Artianamay validlyservetheBidder/Buyerwithlegalnotice, if required, undertheseConditionsofSale by:
•SendinganemailtotheemailaddressdisclosedbytheBidder/ Buyerto Artiana; or
•SendingacouriertotheaddressdisclosedbytheBidder/Buyer toArtiana.
7.2. Suchlegalnoticeshallbedeemedtohavebeenproperlyserved:
•Inthecaseofemailtransmission-onthedateofthetransmission; or
•Incaseoftransmissionbycourier-2businessdaysafterthe dispatchofthenoticebycourier.
7.3 ThenoticesandcontractlanguageshallbeEnglish.
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7.4. Artianaisatalltimesentitledtoinvolvethirdpartiesforensuring theBuyer’scomplianceandperformanceaspertheseConditionsof Sale, andtheBuyerhereby grantshisconsentinthis regard.
7.5. Inthe eventofanydisputearisingoutoforinconnectionwith theseConditionsofSaleorrelatedtheretoinanymannerwhatsoever, thepartiesshallfirstseeksettlementofthatdisputebymediationin accordancewiththeMediationRulesoftheDIFC-LCIAArbitration Centre, whichRulesaredeemedtobeincorporated by referenceinto thisclause TheBuyerirrevocablysubmitstothejurisdictionofthe DubaiInternationalFinancialCentre(“DIFC”)Courtsandwaives anyobjectionitmayhavetoreferthedisputes arisingoutoforin connectionwiththeseConditionsofSaletotheDIFC-LCIA ArbitrationCentreonthegroundsthatitisaninconvenientforum (forumnonconveniens). Ifthedisputeisnotsettled bymediation within60daysofthecommencementofthemediation, orsuch furtherperiodasthepartiesshallagreeinwriting, thentheparties agreetoreferand resolvethedisputebyarbitrationinaccordance withClause9.
IfanypartoftheConditionsofSalebetweentheBuyerandArtiana isfoundlegallyinvalid, illegalorunenforceable, thatpartmaybe discountedandthe restoftheconditionswill remainenforceableto thefullestextentpermissible bylaw Insuchcases, theBuyerand Artianaundertaketoreplacethewhollyorpartlylegallyinvalid, illegalorunenforceableprovisionwithonewhichislegally valid, legal orenforceableandwhoseeconomicpurposemostcloselyreflectsthat ofthelegallyinvalid, illegalorunenforceableprovision.
Ifthedisputeisnotsettled bymediationinaccordancewithClause 7.5thenthedisputeshallbe referredtoand finally resolved by arbitrationundertheArbitrationRulesoftheDIFC-LCIA ArbitrationCentre, whichRulesaredeemedtobeincorporated by referenceintothisclause Inanyarbitrationcommencedpursuantto thisclause, (i)thenumberofarbitratorsshallbeone; and(ii)theseat, orlegalplace, ofarbitrationshallbetheDIFC Thelanguagetobe usedinthearbitrationshallbeEnglish Thegoverninglawofthe contractshallbethesubstantivelawofEnglandand Wales.
CONDITIONS OF FIXED PRICE SALE
FixedPriceSale:A PrivateSaleorSellingExhibitionof Property(ies)/Lot(s)tobeconductedbyArtianaonwww.artiana.com oranyotherwebsite.
FixedPrice: The fixedsalepriceofthePropertyofferedfor immediatesalebyArtianainPrivateSaleoranyFixedPriceSale.
PrivateSale: AFixedPriceSaleofProperty(ies)/Lot(s)conducted byArtianaoutsideofauctionconfidentiallyoronwww.artiana.com oranyotherwebsite.
SellingExhibition:A FixedPriceSaleofProperty(ies)/Lot(s)tobe conductedbyArtianaonwww.artiana.comoranyotherwebsiteon thedateindicatedintheExhibitionCatalogue.
ViewingRoom: Thewebpagesonthe WebsiterelatingtoPrivate Sale, asmaybeamendedfromtimetotimeincludingwebpages accessibleviathelink“ViewingRooms” (includingallpages providingdetailsrelatedtotheProperty(ies)), aswellasadditional pagescontainingdetailsoftheViewingRoomaccessibleviathelink “PrivateSales.”
ByparticipatinginthisFixedPriceSale, youacknowledgethatyouare boundbytheConditionsofFixedPriceSaleasclarifiedbelowand listedaboveintheConditionsofSaleandonthe Website.
2.1 If aFixedPriceSalefunctionalityisofferedonanyofthe PropertypermittingtheBuyertopurchasesuchaPropertyatthe FixedPricedisplayedonthe Website, orascommunicatedtothe BuyerinresponsetotheirenquiryforthatProperty, theabovelisted ConditionsofSalewillapplytothesaleinthesamemannerasifthe Buyerhadbeenthe WinningBidderinanauctionforthatProperty.
2.2 Our ConditionsofFixedPriceSaleareapplicableonallour PrivateSaletransactions, includingPropertyofferedinanyofour ViewingRoomorSellingExhibition, andbindingonallparticipants thereof.
58ARTIANA
ARTIANA GUARANTEE
Allartworksofferedforsale by Artianaareauthentictothebestof Artiana’sknowledge.
Artianaprovidesthefollowingassuranceto buyersonbehalfofthesellerwhomaybeacollector, dealer, retailerorgallery, thateachartwork offeredforsaleonthesiteisagenuine workoftheartistlisted.
Artianaguaranteestheauthenticityoftheartworkforaperiodofsixmonthsfromtheauctionclosingdate Authenticityin relationtoartworks shallmeancomplianceoftheartworkwiththedescriptionprovidedonthe website, particularlywith referencetothenameoftheartist, title(if any)oftheartworkitself, date, theschoolofart(ifmentioned), dimensions, mediumetc.
Intheunlikely eventthatwithinsixmonthsfromthecloseofanauction, itisproved bythe buyertothe reasonablesatisfactionof Artianathatthe item wasnotauthenticandif, in Artiana’sopinion, this wouldhavesignificantlyimpactedthepricea buyer wouldhavebeenwillingtopayforthe item,Artianashallbeentitledto rescindthesale, andthesellerwillbeliableto refundtothe buyerthepricepaidfortheitem. Oncethe buyer returnstheitemto Artianaitshallbehanded overtotheseller by Artiana.
Allsuchclaimswillbehandledonacase-by-casebasis, andinthecaseofanauthenticityclaimin relationtoanartwork, suchclaimwill require thatexaminableproof, whichclearlydemonstratesthattheitemisnotauthentic, isprovided byanestablishedandacknowledgedauthority The decisionofArtianainrespectofsuchclaimsshallbe finalandbinding.
Thisguaranteeshallbesubjecttothefollowingconditions:
1.Theclaimismade bythe buyeras registeredwith Artiana(thebenefitoftheclaimisnotassignabletoanysubsequent ownersorotherswho mayacquireorhaveaninterestinanyoftheitems).
2.ThePropertyis returnedinthesameconditionthatit wasinatthetimeofdeliveryoftheitemtothe buyer.
3.TheProperty wasindisputablypurchasedthrough Artiana.
Artiana retainsthe righttoconsultwith, attheexpenseofthe buyer, two recognisedexpertsinthefield, (suchexpertsbeing mutuallyacceptableto Artianaandthe buyer), toexaminetheitemunderquestionbeforedecidingto rescindthesaleandofferthe refundundertheaboveguarantee The opinionoftheexpertsshallnotbebindingonArtiana.
Inthe eventoftheseller’s failureto refundtheproceedsasstatedabove, the buyershall returntheitemto Artianaandauthorise Artianaasitsagent toinitiatelegalproceedingsagainsttheseller Anysuchstepstakenorlegalproceedingsinstituted by Artianaagainstthesellershallbeatthecostof thebuyer.
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COLLECTION AND STORAGE
Lotswillonlybereleasedfromourviewing galleryorartstoragefacilityuponpresenting adeliveryorderissued by Artiana. Lotswill notbereleaseduntilalloutstandingcharges duetoArtianaaresettled
PleasenotethatLotsinourart storagefacilitycanbecollected onlybypriorappointmentfrom Artiana, P2-22B, Park Towers, DIFC, Dubai, UAE
ARTIANA
HelpDesk:
T: +971558153030
E: info@artiana.com
OfficeHours: 10.30am-6.30pm
ImportantInformation
•AllLotswill bestoredfreeofchargefor15days fromtheauctionclosingdateeitheratArtiana’sviewinggalleryoratourart storagefacility.
•After15daysfromtheclosingdateoftheauction, LotsshallbesubjecttoadailystoragechargeofUSD4perLotplusanadministrativefeeof USD50payabletoArtiana.
•AssetoutintheConditionsofSale, riskand responsibility forthesoldLots(includingframesorglasswhere relevant)passestotheBuyerat the AuctionClosing Time ArtianaprovidesinsurancecoverageforsoldLotsforsevendaysaftertheauction. Buyersare remindedthatitistheir responsibilitytoarrangeadequateinsuranceforpurchasedLotsthereafter.
•Lotssoldatauctionmaybesubjecttoimport restrictions/taxesofforeigncountries. Itisthe buyer’ssole responsibilitytoobtainany relevant importlicenseintothe buyer’s owncountryof residenceandsettleanytaxesanddestinationclearancechargesdue.
•Shipmentscanonlybemadeoncealloutstandingchargesdueto Artianaaresettledandfullpaymentofallshippingchargesis received bythe logisticsserviceprovider.
P2-22B, DamacParkTowers, DIFC,Dubai,UAE
60ARTIANA
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