25-30AUGUST2023
(NOBUYER’SPREMIUM)
ONLINEAUCTION
FINEWATCHES
• 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
FINEWATCHES
SALE NUMBER: 2306
ONLINE AUCTION
AUGUST25-30, 2023
‘WhatYouBidis WhatYouPay’
‘BidNowPayLater’
August25,2023
6:30p.m onwards
UAEStandard Time
August30,2023
5:00p.m to7:30p.m.
UAEStandard Time
P2-1A,DamacParkTowers
DIFC
Dubai|UAE
+971558153030
info@artiana.com
AUCTION SERVICES
P
.O. Box112646
Dubai|UAE
SaleNumber: 2306
ByAppointment
watches@artiana.com
ArtianaHelpDesk
+971558153030
auction@artiana.com
info@artiana.com
Additionalinformationonthebuyingprocessisavailableonpage62
AdditionalinformationontheFlexiPayschemeisavailableonpage69
ThisauctionisconductedundertheConditionsofSaleasstipulatedinthe catalogueonpage71
CopyrightNotice
Nopartofthiscataloguemaybe reproduced, storedina retrievalsystemortransmitted byany formor byanymeans, electronic, mechanical, photocopying, recordingorotherwise, without thepriorwrittenpermissionofArtiana ©Copyright,Artiana, 2023
FrontCover:Lot13,Lot19,Lot25,Lot17
InsidePages:Lot13&Lot19
Page4:Lot25
EndofSale:Lot12
InsideBackPages:Lot28&Lot11
BackCover:Lot15
CONTENTS SALE GUIDE
BRANDPROFILESANDINDEX IT’S EASY TO BUY AT ARTIANA AUCTION CLOSING SCHEDULE WRITTEN / ABSENTEEBID FORM BIDDING INCREMENTS BUYING AT ARTIANA FINANCE AT ARTIANA CONDITIONS OF SALE ARTIANA GUARANTEE COLLECTION AND STORAGE LOTS1-30 9 59 62 63 64 65 66 69 71 77 78
FINEWATCHES
LOT1-10
The2022AnniversaryGrandMorifeaturesthetraditionalKyoto-stylehandmadeJapaneselacquer technique.EachdialisamasterpiecethatisindividuallyhandcraftedbythefemalecraftsmeninKyoto whoinheritedthetechnique.MadeusingurushiwhichhasbeenusedasalacquerinJapanformorethan 10,000years,thesapfromthelacquertreeisrefinedandcoloredwithpigmentsandotheringredientsto produceafinalworkcharacterisedbyitsbeautifulfinishanddurability.
ThewatchrelishesinaconceptandphilosophyHajimeAsaokapayscloseattentionto—“natureisthe teacher.”Itisinspiredbythecanopiesoftheforestwheresmallglimmersofgoldarepresenttorepresent sunlightpokingthroughlayersoffoliage.Thewatchfeaturesa“Premium”90S5Miyotamovement, casebackengravings,a316Lhigh-polished37mmstainlesssteelcase,andofcourse,ahand-appliedurushi lacquerdial.
Astestamenttothecraftmanshipandartistryofthebrand,the2022GrandMorisoldoutin12minutes whenitwasreleasedinMay2022.
LOT 1
KURONOTOKYO
2022Anniversary-'GrandMori'(LimitedEdition)
REFERENCE:CU011D
CIRCA:2022
CASEMATERIAL:Stainlesssteel
CASEDIAMETER:37mm
CONDITION:Unworn
US$3,500-5,500
STRAP:Blackcalfleatherbandwithgreenembellished sidesandstainlesssteeltangbuckle
DIAL:Hand-appliedgreenurushilacquer
MOVEMENT:Automatic
CALIBRE:90S5byMiyota
FUNCTIONS:Hours,Minutes,Seconds
BOX:Fittedpresentationboxandouterpackaging
PAPERS:Warrantycarddated2022,Manual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES11
LOT 2 ROLEX
OysterPerpetualDatejust31
REFERENCE:M278243-0023
CIRCA:2023
CASEMATERIAL:Oystersteelandyellowgold
CASEDIAMETER:31mm
CONDITION:Unworn
US$14,000-20,000
BRACELET:Oystersteelandyellowgoldflatthree-piece linkswithfoldingOysterclaspandEasylink5mmcomfort extensionlink
DIAL:Blackmother-of-pearlsetwithdiamonds(Diamonds in18ctgoldsettings)
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:2236
FUNCTIONS:Hour,Minutes,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertification,Warranty carddated2023,Guaranteemanual,Datejustbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES13
TheKuronoAnniversaryGreenMorifeaturesascintillatingmetallicgreen withasubtleradialsunburstpattern,speciallyhandpickedbyHajime Asaoka(famedJapanesewatchmaker),thedialdisplaysvibrantshades ofviridianandemerald,topineandforestgreen.Itwasnominatedfor GPHG2020inthe“Challenge”category.
Withitsiconicart-decodesign,thedialisencasedbeneathahighcurvaturebox-sapphirecrystalthatmimicsacrylicglassofthepast,and providesauniquelight-playforthewearer,while'Mori'evokesastateof contemplationandrestfulnessreiteratingthebrand'sphilosophyof humblebeautyinsimplicity.
Limitedto288pieces,the36.5mmhighpolishedstainlesssteelcaseis gentlytaperedtowardsthelugswithacasethicknessof10.5mmand lug-to-luglengthof43.5mmensuringacomfortablefitonyourwrist.An outerminutetrackispreciselyprintedwiththreeengravedconcentric steelringswithfourappliedbatonindexestocatchthelightina mesmerisingway.Sculptedbrushedhandscomplementedbyatapered teardropbalancedsweepingsecondhandfinishingthiselegantly understatedvisionofJapanesecreativityandsensibility.Thebrandmotif isfoundat12o’clockwithAutomaticat6o’clock.Onthereverse,a screw-downcasebackwiththebrandmotifandinsideanautomatic Miyota90S5,24jewels,28,800beatsperhour.
LOT 3
KURONOTOKYO
2020Anniversary-'GreenMori'(LimitedEdition)
REFERENCE:CB004
CIRCA:2020
CASEMATERIAL:Stainlesssteel
CASEDIAMETER:37mm
CONDITION:Unworn
US$3,500-5,500
STRAP:Blackcalfleatherleatherstrapwithstainlesssteel tangbuckle
DIAL:Metallicgreenwithasubtleradialsunburstpattern
MOVEMENT:Automatic
CALIBRE:90S5byMiyota
FUNCTIONS:Hours,Minutes,Seconds
BOX:Fittedpresentationboxandouterpackaging
PAPERS:Warrantycarddated2020,Manual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES15
LOT 4
ROLEX
OysterPerpetualDatejust31
REFERENCE:M278273-0019
CIRCA:2022
CASEMATERIAL:Oystersteelandyellowgold
CASEDIAMETER:31mm
CONDITION:Unworn
US$15,000-20,000
BRACELET:Oystersteelandyellowrolesor(combinationof Oystersteelandyellowgold)three-piecesolidlinksbracelet withfoldingOysterclasp
DIAL:Silversetwithdiamonds(Diamondsin18caratgold settings)withflutedbezel
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:2236
FUNCTIONS:Centrehours,minutesandseconds, Instantaneousdatewithrapidsetting,Stop-secondsfor precisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:Warrantycarddated2022,Guaranteemanual, Datejust31manual,whitehangtagand(COSC)swingtag
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES17
LOT 5
AUDEMARSPIGUET
RoyalOakSelfwinding'50thAnniversary'
REFERENCE:15550ST.OO.1356ST.02
CIRCA:2022
CASEMATERIAL:Stainlesssteel
CASEDIAMETER:37mm
CONDITION:Unworn
US$55,000-75,000
BRACELET:StainlesssteelwithAudemarsPiguetfolding clasp
DIAL:“Bleunuitnuage50”dialwith“GrandeTapisserie” pattern,whitegoldappliedhour-markersandRoyalOak handswithluminescentcoating
MOVEMENT:Selfwinding
CALIBRE:5900
FUNCTIONS:Hours,minutes,centresecondsanddate
BOX:Fittedpresentationboxandouterpackaging
PAPERS:CertificateofOrigin,WarrantyCarddated2022, InstructionManual Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES19
OysterPerpetualDatejust41
REFERENCE:M126333-0010
CIRCA:2022
CASEMATERIAL:Oystersteelandyellowgold
CASEDIAMETER:41mm
CONDITION:Unworn
US$16,000-24,000
DIAL:Champagne
MOVEMENT:Perpetual,mechanical,self-winding CALIBRE:3235
FUNCTIONS:Hour,Minutes,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging PAPERS:SuperlativeChronometercertification,Warranty carddatedMay2022,Guaranteemanual
Pleasenotethislotisthepropertyofaprivateindividual.
20ARTIANA
LOT 7
ROLEX
OysterPerpetual41
REFERENCE:M124300-0007
CIRCA:2020
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$15,000-25,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding OysterclaspandEasylink5mmcomfortextensionlink DIAL:Coralred
MOVEMENT:Perpetual,mechanical,self-winding CALIBRE:3230
FUNCTIONS:Hours,minutesandseconds,Stop-seconds forprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertification,Warranty carddatedDecember2020,Guaranteemanual,Oyster Perpetualbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES21
LOT 8
ROLEX
GMT-MasterII-'LeftHandedSprite'
REFERENCE:M126720VTNR-0001
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:40mm
CONDITION:Unworn
US$20,000-30,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding safetyclaspandEasylink5mmcomfortextensionlink
DIAL:Black
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3285
FUNCTIONS:Hours,minutes,seconds,24-hourdisplay, second-timezonewithindependentrapid-settingofthe hourhand,instantaneousdate,andstop-secondsfor precisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometerCertificationswingtag, Warrantycarddated2023,Guaranteemanual,GMTMasterIIbrochure,whitehangtag
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES23
LOT 9
ROLEX
OysterPerpetualDatejust41
REFERENCE:M126300-0011
CIRCA:2021
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$10,000-15,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding OysterclaspandEasylink5mmcomfortextensionlink
DIAL:Brightblack
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3235
FUNCTIONS:Hour,Minutes,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertification,Warranty carddatedNovember2021,Guaranteemanual,Datejust brochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES25
LOT 10 ROLEX
OysterPerpetualDay-Date40
REFERENCE:M228345RBR-0007
CIRCA:2022
CASEMATERIAL:Everosegoldsetwithdiamondbezel
CASEDIAMETER:40mm
CONDITION:Unworn
US$55,000-75,000
BRACELET:18Keverosegoldpresidentbraceletwith concealedfoldingcrownclasp
DIAL:Sundustsetwith10baguette-cutdiamondshour marker
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3255
FUNCTIONS:Hours,minutesandsecondshands, instantaneousdayanddateinapertures,unrestricted rapid-setting,stop-secondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertificationswingtag, Warrantycarddated2022,Guaranteemanual,Day-date brochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES27
LOT11-20
LOT 11
ROLEX
SubmarinerDate
REFERENCE:M126610LN-0001
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$16,000-24,000
BRACELET:Oystersteelflatthree-piecelinksbracelet withfoldingOysterlocksafetyclasp
DIAL:Black
MOVEMENT:Perpetual,mechanical,self-winding CALIBRE:3235
FUNCTIONS:Hour,Minute,Seconds,Instantaneous datewithrapidsetting,Stop-secondsforprecisetime setting
BOX:Fittedpresentationboxandouterpackaging PAPERS:SuperlativeChronometerCertificationswing tag,Warrantycarddated2023,Guaranteemanual, SubmarinerDatebrochure
Pleasenotethislotisthepropertyofaprivateindividual.
30ARTIANA
LOT 12 ROLEX
Yacht-MasterII
REFERENCE:116680
CIRCA:2013-2017
CASEMATERIAL:Oystersteel
CASEDIAMETER:44mm
CONDITION:Worn
US$16,000-24,000
BRACELET:Oystersteelflatthree-piecelinksbraceletwith foldingOysterlocksafetyclasp
DIAL:White
MOVEMENT:Perpetual,mechanical,self-winding,regatta chronograph
CALIBRE:4161
FUNCTIONS:Centrehourandminutehands,small secondshandat6o'clock.Programmablecountdown withmechanicalmemoryandon-the-flysynchronization. Stop-secondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:None
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES31
LOT 13
ROLEX
OysterPerpetualGMT-MasterII-'Pepsi'
REFERENCE:126710BLRO
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:40mm
CONDITION:Unworn
US$24,000-30,000
BRACELET:Oystersteeljubileebracelet(five-piecelinks) withfoldingOysterlocksafetyclasp
DIAL:Black
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3285
FUNCTIONS:Hour,Minute,Seconds,24-hourdisplay,GMT, Date,Stop-secondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:CertificateofWarrantydated2023,Superlative ChronometerCertification Pleasenotethislotisthepropertyofaprivateindividual.
32ARTIANA
OysterPerpetualDatejust41
REFERENCE:M126300-0015
CIRCA:2022
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$10,000-15,000
MOVEMENT:Perpetual,mechanical,self-winding CALIBRE:3235
FUNCTIONS:Hour,Minutes,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging PAPERS:SuperlativeChronometercertification,Warranty carddatedJanuary2022,Guaranteemanual,Datejust brochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES33
LOT 15
PATEKPHILIPPE
5712RNautilus
REFERENCE:5712R-001
CIRCA:2015
CASEMATERIAL:Rosegold
CASEDIAMETER:40mm
CONDITION:Worn
US$140,000-200,000
STRAP:MattedarkbrownalligatorstrapwithPatek Philippefold-overclasp.
DIAL:Blackbrown,goldappliedhourmarkerswith luminescentcoating.
MOVEMENT:Self-WindingMechanical
CALIBRE:240PSIRMCLU
FUNCTIONS:Hours,Minutes,Date,Moonphases,Power reserveindicator,Secondssub-dial
BOX:Fittedpresentationboxandouterpackaging
PAPERS:CertificateofWarrantydated2015,Manual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES35
LOT 16
ROLEX
OysterPerpetualDatejust41
REFERENCE:M126334-0016
CIRCA:2023
CASEMATERIAL:Oystersteelandwhitegold
CASEDIAMETER:41mm
CONDITION:Unworn
US$16,000-24,000
BRACELET:Oystersteeljubileebraceletwithfolding OysterclaspandEasylink5mmcomfortextensionlink
DIAL:Brightbluesetwithdiamonds(diamondsin18ct goldsettings)
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3235
FUNCTIONS:Hours,minutesandseconds,Instantaneous datewithrapidsetting,Stop-secondsforprecisetime setting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertificationswingtag, whitehangtag,Warrantycarddated2023,Guarantee manual,Datejustbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
36ARTIANA
LOT 17
ROLEX
CosmographDaytona-'Panda'
REFERENCE:M116500LN-0001
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:40mm
CONDITION:Unworn
US$35,000-45,000
BRACELET:Oystersteelflatthree-piecelinksbraceletwith foldingOysterlocksafetyclasp
DIAL:White
MOVEMENT:Perpetual,MechanicalChronograph,SelfWinding
CALIBRE:4130
FUNCTIONS:Hour,Minutes,Seconds,Smallsecondshand at6,Chronograph,30-minutecounterat3,12-hour counterat9,Stopsecondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:Warrantycarddated2023,CosmographDaytona Manual,GuaranteeManual,Whitehangtagand(COSC) swingtag
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES37
LOT 18
ROLEX
OysterPerpetual41
REFERENCE:M124300-0005
CIRCA:2021
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$12,000-18,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding safetyclaspandEasylink5mmcomfortextensionlink
DIAL:Green
MOVEMENT:Perpetual,mechanical,self-winding CALIBRE:3230
FUNCTIONS:Hours,minutesandseconds,Stop-seconds forprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertificationswingtag, Warrantycarddated2021,Guaranteemanual,Oyster Perpetual41brochure
Pleasenotethislotisthepropertyofaprivateindividual.
38ARTIANA
LOT 19
ROLEX
OysterPerpetualGMT-MasterII-'Batman'
REFERENCE:M126710BLNR-0002
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:40mm
CONDITION:Unworn
US$20,000-30,000
BRACELET:Oystersteeljubileebracelet(five-piecelinks) withfoldingOysterlocksafetyclasp
DIAL:Black
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3285
FUNCTIONS:Hour,Minute,Seconds,24-hourdisplay, GMT,Date,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometerCertificationswing tag,Warrantycarddated2023,Guaranteemanual,GMTMasterIIbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES39
This41mmChronograph’sblack“GrandeTapisserie”dialprovidesastrongcontrastwiththe18-caratpink goldcaseandbracelet.ThewatchbenefitsfromthenewRoyalOakdesignevolutionandisequippedwith the“50-years”oscillatingweight.
LOT 20
AUDEMARSPIGUET
RoyalOakSelfwindingChronograph'50thAnniversary'
REFERENCE:26240OR.OO.1320OR.02
CIRCA:2022
CASEMATERIAL:18Kpinkgold
CASEDIAMETER:41mm
CONDITION:Unworn
US$120,000-180,000
BRACELET:18KpinkgoldwithAPfoldingclasp
DIAL:Blackdialwith“GrandeTapisserie”pattern,black counters,pinkgoldappliedhour-markersandRoyalOak handswithluminescentcoating
MOVEMENT:Selfwinding
CALIBRE:4401
FUNCTIONS:Flybackchronograph,hours,minutes,small secondsanddate
BOX:Fittedpresentationboxandouterpackaging
PAPERS:CertificateofOrigin,WarrantyCarddated2022, InstructionManual Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES41
LOT21-30
LOT 21
ROLEX
OysterPerpetualDatejust41
REFERENCE:M126300-0004
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$12,000-18,000
BRACELET:Oystersteeljubileebraceletwithfolding OysterclaspandEasylink5mmcomfortextensionlink
DIAL:Silver
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3235
FUNCTIONS:Hour,Minutes,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertification,Warranty carddated2023,Guaranteemanual,Datejustbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
44ARTIANA
LOT 22 ROLEX
ExplorerII
REFERENCE:M226570-0002
CIRCA:2021
CASEMATERIAL:Oystersteel
CASEDIAMETER:42mm
CONDITION:Unworn
US$10,000-15,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding safetyclaspandEasylink5mmcomfortextensionlink
DIAL:Black
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3285
FUNCTIONS:Hour,MinuteandSeconds,24-hourdisplay, GMTfunctionwithindependentrapid-settingofthehour hand,Instantaneousdate,Stop-seconds
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometerCertification,Warranty carddatedAugust2021,Manual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES45
LOT 23
ROLEX
OysterPerpetual41
REFERENCE:M124300-0002
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$10,000-15,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding safetyclaspandEasylink5mmcomfortextensionlink
DIAL:Brightblack
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3230
FUNCTIONS:Centrehours,minutesandseconds,Stopsecondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:Warrantycarddated2023,Guaranteemanual, OysterPerpetual41manual,(COSC)swingtag
Pleasenotethislotisthepropertyofaprivateindividual.
46ARTIANA
LOT 24 ROLEX
OysterPerpetualGMT-MasterII-'Batman'
REFERENCE:M126710BLNR-0003
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:40mm
CONDITION:Unworn
US$18,000-27,000
BRACELETMATERIAL:Oystersteelflatthree-piecelinks withfoldingsafetyclaspandEasylink5mmcomfort extensionlink
DIAL:Black
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3285
FUNCTIONS:Hour,Minute,Seconds,24-hourdisplay,GMT, Date,Stop-secondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometerCertificationswingtag, Warrantycarddated2023,GMT-MasterIIbrochure, Guaranteemanual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES47
LOT 25
AUDEMARSPIGUET
DoubleBalanceWheelOpenworked
REFERENCE:15407ST.OO.1220ST.01
CIRCA:2017
CASEMATERIAL:StainlessSteel
CASEDIAMETER:41mm
CONDITION:Worn
US$150,000-250,000
BRACELET:StainlesssteelbraceletwithAudemarsPiguet foldingclasp
DIAL:Slategreyopenworkeddial,pinkgoldapplied hour-markersandRoyalOakhandswithluminescent coating
MOVEMENT:Self-Winding
CALIBRE:3132
FUNCTIONS:Hours,Minutes,Centreseconds
BOX:Fittedpresentationboxandouterpackaging
PAPERS:InternationalWarrantybookletdated2017, InstructionManual(Self-windingMovement:Calibre 3132)
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES49
LOT 26
ROLEX
OysterPerpetualSea-Dweller
REFERENCE:M126600-0002
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:43mm
CONDITION:Unworn
US$15,000-25,000
BRACELET:Oystersteelthree-piecesolidlinkswithfolding OysterlocksafetyclaspwithRolexGlidelockextension system
DIAL:IntenseblackwithhighlylegibleChromalight displaywithlong-lastingblueluminescence
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3235
FUNCTIONS:Hours,minutesandseconds,Instantaneous datewithrapidsetting,Stop-secondsforprecisetime setting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertificationswingtag, whitehangtag,Warrantycarddated2023,Guarantee manual,Sea-Dwellerbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES51
LOT 27
ROLEX
OysterPerpetualDatejust41
REFERENCE:M126300-0003
CIRCA:2023
CASEMATERIAL:Oystersteel
CASEDIAMETER:41mm
CONDITION:Unworn
US$11,000-16,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding OysterclaspandEasylink5mmcomfortextensionlink
DIAL:Silver
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3235
FUNCTIONS:Hour,Minutes,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometercertification,Warranty carddated2023,Guaranteemanual,Datejustbrochure
Pleasenotethislotisthepropertyofaprivateindividual.
52ARTIANA
LOT 28 ROLEX
CosmographDaytona
REFERENCE:M116503-0004
CIRCA:2021
CASEMATERIAL:Oystersteeland18Kyellowgold
CASEDIAMETER:40mm
CONDITION:Unworn
US$35,000-45,000
BRACELET:OystersteelandyellowRolesor(combination ofOystersteeland18Kyellowgold)flatthree-piecelinks withfoldingOysterlocksafetyclasp
DIAL:Black
MOVEMENT:Perpetual,mechanicalchronograph,selfwinding
CALIBRE:4130
FUNCTIONS:Hours,minutesandseconds,Smallseconds handat6,30-minutecounterat3and12-hourcounterat 9,Stopsecondsforprecisetimesetting
BOX:Fittedpresentationboxandouterpackaging
PAPERS:SuperlativeChronometerCertification,Warranty carddatedDecember2021,Manual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES53
LOT 29
ROLEX
SubmarinerDate-'Hulk'
REFERENCE:116610LV-0002
CIRCA:2019
CASEMATERIAL:Oystersteel
CASEDIAMETER:40mm
CONDITION:Worn
US$24,000-30,000
BRACELET:Oystersteelflatthree-piecelinkswithfolding Oysterlocksafetyclasp
DIAL:Green
MOVEMENT:Perpetual,mechanical,self-winding
CALIBRE:3135
FUNCTIONS:Hour,Minute,Seconds,Instantaneousdate withrapidsetting,Stop-secondsforprecisetimesetting BOX:Fittedpresentationboxandouterpackaging
PAPERS:Warrantycarddated2019,Guaranteemanual, SubmarinerDatebrochure
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES55
LOT 30
PATEKPHILIPPE
5980/1RNautilus
REFERENCE:5980/1R-001
CIRCA:2019
CASEMATERIAL:Rosegold
CASEDIAMETER:40.5mm
CONDITION:Worn
US$200,000-300,000
BRACELET:RosegoldbraceletwithpatentedPatek Philippefold-overclaspwithlockableadjustmentsystem
DIAL:Blackgradient,goldappliedhourmarkerswith luminescentcoating
MOVEMENT:Mechanicalself-windingmovement
CALIBRE:CH28-520C
FUNCTIONS:Hours,minutes,seconds,date,flyback chronograph
BOX:Fittedpresentationboxandouterpackaging
PAPERS:CertificateofOrigin,Warrantycard,Manual
Pleasenotethislotisthepropertyofaprivateindividual.
FINEWATCHES57
END
OFSALE
BRANDPROFILESANDINDEX
AudemarsPiguet
AudemarsPiguetistheoldestfinewatchmakingmanufacturerstillinthehandsofitsfoundingfamilies(AudemarsandPiguet).Standingonthe strengthoftraditionandhistory,thisgreatwatchmakinghousetraversescenturiesoftechnicaldesignandinnovation,firminitspositionasoneof Switzerland'sleadingbrands.Thecompanyhadtwodistinctwatchmakingfounders-JulesAudemarsandEdwardAugustePiguet.Thesetwo horologicalmastersmetin1875andovertheyears,workedtogethertocreateexceptionaltimepiecesthatpavedthewaytothefoundationoftheir companywiththepremiseofconsistenthigh-qualitywatchmaking.In1881attheheartoftheSwissJuraintheValléedeJoux,thecompanyknown asAudemars,Piguet&Compagniewaslegallyformedtomanufactureandmarkethigh-endtimepiecesproducedtoexactingstandards.Builtonthe strengthofcharacterofitsfounders,thecompanysucceededinthecreationofnumerousmasterpiecesembodyingaremarkabledegreeofhorological perfectionandhaswrittensomeofthefinestchaptersinthehistoryofHauteHorlogerie,includingseveralworldfirsts.Oneofwhichwascreating theworld'sfirst-minuterepeatingmovementforwristwatchesin1892.Theywerealsothefirsttodeveloptheskeletonwatchin1934and manufacturedsomeofthethinnestwatchesintheworld,suchasthe1986ultra-thinautomatictourbillonwristwatch(Calibre2870).Thebrand's famous1972octagonalRoyalOakiswidelyrecognizedasoneofthemostimportantinnovationsinwatchmaking.Asthefirstluxurywatchtobe madeofstainlesssteel,itcatapultedAudemarsPiguet'srisetoprominencewithintheindustry.Nowadays,collectorsandconnoisseursequatethe brandwiththeRoyalOak,whichhassincebecomeastandardofexcellenceandsymbolofpowerandwealthinternationally.
KuronoTokyoisaprojectofHajimeAsaoka,anAHCI member,independentwatchmakerandwidelyrecognised asoneoftheworld'stop-rankedindependent watchmakers.Startinghiswatchmakingjourneyin1997, HajimeAsaokaisknownforhisuniqueperspectiveof refinementandmodernityandawatchmakingphilosophy thatisdistinctivelyJapanese.Thebrandwasbornouthis desiretodeliverhiswatchestoabroaderaudienceata moreaffordablepricepointthanthoseavailableunderhis namesakebrand.
Lot1 Lot3
KuronoTokyo
Lot5 Lot20 Lot25
FINEWATCHES59
PatekPhilippe&Co.(PP)isaSwissultra-luxurywatchmanufacturerfoundedin 1852,locatedinGenevaandtheValléedeJoux.Itdesignsandmanufacturestimepieces andmovementsincludingsomeofthemostcomplicatedmechanicalwatches.Itis consideredbymanyexpertsandaficionadostobeoneofthemostprestigious mainstreamwatchbrandsalongwithAudemarsPiguet,VacheronConstantin,andA. Lange&Söhne.PolishwatchmakerAntoniPatekstartedmakingpocketwatchesin 1839inGeneva,alongwithhisfellowPolishassistantFranciszekCzapek.They separatedin1844,andin1845PatekjoinedwiththeFrenchwatchmakerAdrien Philippe,inventorofthekey-lesswindingmechanism.PatekPhilippe&Cowas foundedin1851.PatekPhilippepioneeredtheperpetualcalendar,split-secondshand, chronograph,andminuterepeaterinwatches.LikeotherSwissmanufacturers,the companyproducesmostlymechanicalmovementsoftheautomaticandmanualwind varietybuthasproducedquartzwatchesinthepast,andadigitalwristwatch,theRef. 3414.Patekwasnotableforbeingoneof20Swisswatchcompaniestodevelopthe firstSwissproductionwatchthebeta21usedbyothermanufacturesinwatchessuch astheOmegaElectroquartzwatches.
Lot30
Lot15
PatekPhilippe
Rolex Lot2
Lot16 Lot23
Lot28
Lot27
Lot14 Lot9
Lot6
Lot7
Lot12 Lot4
60ARTIANA
Lot21
RolexS.A.isaluxurywatchmanufacturerbasedinGeneva,Switzerland.OriginallyfoundedasWilsdorfandDavisbyHansWilsdorfandAlfred DavisinLondon,Englandin1905,thecompanyregisteredRolexasthebrandnameofitswatchesin1908.In1920thecompany'snamewas officiallychangedtoMontresRolexS.A.andlatertoRolexS.A.Wilsdorf'sdesirefororiginalityandqualityledhimtodevelopasmallcalibrein cooperationwiththefirmofAeglerinBienne,SwitzerlandthatrevolutionizedthewristwatchesandbroughthimtotheforefrontoftheSwiss watchmakingindustry.Wilsdorfbelievesthatthethreevitalcomponentstoagoodwatchareprecision,waterproofness,andautomaticwinding. ThreecomponentshetackledonebyoneashegrewtheRolexbrand.Firstwasprecision,whichheachievedthroughstringentqualitycontrol, makingsureeachtimepiecewassubmittedtotestscarriedoutbyimpartialinstitutesandmakingsurethatnoRolexchronometerwillbesold withoutitsOfficialTimingCertificate.Thebrandreceiveditsfirstchronometerbulletinin1910fromtheschoolofHorologyatBienne,after introducing,theworld'sfirstwristchronometer.ThecompanyalsoreceivedaClassAprecisioncertificate,adistinctionnormallygrantedexclusively tothemarinechronometer,fromtheKing'sObservatory(formerlyKewObservatory)in1914.Thesecondcomponentwaswaterproofness,which stemmedfromtherecognitionthatprecisionmovementsneededmaximumprotectionagainsttheelementstomaintaintheiraccuracy.Tosolved thispredicament,RolexdevelopedandintroducedtheRolex"Oyster"in1926,withthewindingcrownscreweddownthecaseusingatwinlock system.ThecasewashermeticallysealedprovidingoptimalprotectionagainstwaterordustandwillbethehallmarkforallRolexwatchcases thereafter.Thethirdandlastcomponentwasautomaticwinding,whichledtothedevelopmentofaself-windingmechanismcalledaPerpetualrotor in1931-asemi-circularplatethatreliesongravitytomovefreely.PatentedandcalledtheRolexPerpetual,itbecamethefirstwristwatchtousea 360°windingrotorandwouldbecomethebasisofallfutureautomaticwatchesthroughouttheindustry.Withmorethanacenturyintheindustry, Rolexpridesitselfonprecision,accuracy,anddurabilitystandingonitsfounder'sbeliefthatqualityandprideinmanufacturingwereimperative.To thisdate,thecompanycontinuestoproducedmillionsofcertifiedchronometersandwristwatchestothesameexactingstandardsitwasfounded on.
Lot19
Lot26 Lot10 Lot24
Lot18
Lot11
Lot29
Lot8
Lot13 Lot22 Lot17
FINEWATCHES61
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.
2.BIDDING
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
62ARTIANA
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 5:00 p.m. 6:30 p.m. 9:00 a.m. 6:00 a.m. 2:00 p.m. 2:00 p.m. 4:00 p.m. 9:00 p.m. 11:00 p.m. 6-10 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. 11:30 p.m. 11-15 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. 12:00 a.m. (August 31) 16-20 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. 12:30 a.m. (August 31) 21-25 7:00 p.m. 8:30 p.m. 11:00 a.m. 8:00 a.m. 4:00 p.m. 4:00 p.m. 6:00 p.m. 11:00 p.m. 1:00 a.m. (August 31) 26-30 7:30 p.m. 9:00 p.m. 11:30 a.m. 8:30 a.m. 4:30 p.m. 4:30 p.m. 6:30 p.m. 11:30 p.m. 1:30 a.m. (August 31) FINEWATCHES63
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.
64ARTIANA
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
BIDDING INCREMENTS 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.
FINEWATCHES65
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.
66ARTIANA
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
• 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.
FINEWATCHES67
AED.
•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
68ARTIANA
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
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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.
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2.4. Closing Times
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. The
foranytransactioninothercurrencies, theexchangeratewillbe calculatedasperthesheetrateofthebankspecified by Artianaonthe
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AuctionisconductedinUnitedStatesDollars(USD)and,
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,
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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.
76ARTIANA
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
78ARTIANA
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