Blomqvist 01-2020

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CON D I T I ON S O F B U S I N E S S
BIDDING / BIDDING FROM ABROAD
Participant in the bidding should request in advance a
numbered bidding paddle from the registration desk.
Bids should be made with a loud voice or by clear signal,
such as indicating with the bidding paddle. Any person
bidding for another party will become liable as a debtor.
The auctioneer is entitled to settle any dispute over the
bidding.
If you would like to participate in our auction from
abroad please contact us for registration in advance
and no later than two hours before the auction
starts.
ABSENTEE BIDS
Blomqvist accepts absentee bids. This service is free
of charge. Written bids from bidder living outside of
Norway can be submitted two hours before the auction
starts at the latest. This can be done by mail to our
office or via internet at
A bidding form can be found in the catalogue and is
also available at our office. Blomqvist treats absentee
bids confidentially and bids as favourably as possible on
behalf of the client. In the event of equal bids, the first
incoming bid will confer the right of purchase.
TELEPHONE BIDS
Blomqvist can arrange for clients to bid by telephone.
Bidders have to confirm by mail or letter before 4 PM
on the day of the auction. As telephone lines are limited
telephone bidders should have the intention to bid at
least up to 90% of the estimate.
ESTIMATE
The estimated price of a lot is based on a market
valuation of the lot made by Blomqvist. The estimate
acts only as a guide and the price at which the lot is sold
may vary from the estimate.
PAYMENT AND CHARGES
A premium of 25% on the hammer price is payable
for lots staying in Norway. For lots to be exported, the
premium is 21,2% plus 25% VAT for artwork
20% plus 25% VAT for other objects. The VAT will
be refunded (see EXPORT). Payment can be made
immediately after the hammer has fallen or made within
one week of the purchase. We accept major credit cards.
DROIT DE SUITE AND ARTIST FEE
The artist resale law (Droit de suite) covers the purchase
of art by living artists and is applicable up to 70 years
after the artist’s death. For more expensive artwork the
royalty is reduced as follows:
50.000,01-200.000 Euro: 3%,
200.000,01-350.000 Euro: 1%,
350.000,01-500.000 Euro: 0,5%
above 500.000 Euro: 0,25% and the maximum royalty
on any work is 12.500 Euro. For the lots in question the
invoice will be reduced accordingly.
70 years after the artist’s death there will be an art tax
fee of 5% on the sale price plus the premium.
COLLECTION
Please note that all lots bought at the auction not
collected or transport arranged for within 30 days after
the auction will be transported to an external warehouse
at the buyers expense. Special terms apply for buyers
outside of Norway.
CLAIMS
All lots are sold in the state and condition in which they
are found when sold. The catalogue is produced to the
best of Blomqvist’s knowledge. Should any doubt arise
about the genuineness of any lot, Blomqvist must be
informed immediately and in any event no later than 30
days after the auction. Given adequate proof that the
purchased lot is not according to the catalogue text, the
buyer is entitled to return the lot in the same condition
as sold against repayment of the purchase price. The
buyer is not entitled to receive any payment for cost
or loss of profit beyond repayment of the purchase
price. No warranty what so ever is given by Blomqvist’s
employees, its servants or agents to any buyer in respect
of any lot. Any expressed or implied conditions or
warranties are hereby excluded.
DEFECTS AND CONDITION
Defects and conditions are usually not indicated in the
catalogue. It should not be possible to claim cancellation
of a purchase in pursuit of the above provisions if:
a) The catalogue description on the day the lot was sold
to the buyer was in accordance with the then generally
accepted opinion of scholars and experts.
b) The only way of establishing whether the lot was a
forgery at the time of the publication of the catalogue
was the implementation of scientific process, the validity
of which was only acknowledged after the time, and
required a disproportionate amount of cost or would
have been impossible to carry out without damaging the
lot in question.
EXPORT
a) Exemption from the Norwegian VAT when exported
by a forwarding agent. Lots exported within one month
from the auction through a forwarding agent approved
by us are exempted from Norwegian VAT. Let us know
if you need more details.
The rules apply to a buyer with a permanent address
abroad who wishes to take a purchased lot along as
luggage. The lot must have been paid in full and the
Norwegian VAT of 25% must be deposited with us.
The VAT will be refunded as soon as we have
received the export papers with the official custom
clearance stamps.
b) Exemption from the Norwegian VAT when exported
by the buyer personally as luggage.
The following rules apply to a buyer with a permanent
address abroad who wishes to take his/hers purchased
lot along as luggage. The lot must have been paid in
full and the Norwegian VAT of 25% must be deposited
with us. The VAT will be refunded as soon as we have
received the export papers with the official custom
clearance stamps.
EXPORT LIMITATION
Please note that lots covered by the provisions of the
Cultural Heritage Act of 9th of June 1978, no. 50 with
changes latest 3rd of March 2000 no. 14, need a written
export permission before being exported. Blomqvist will
help with the application free of charge, but any charge
by the institutions will be added to the purchase price.
The exchange rate used in this catalogue is 1 Euro = 10
NOK. In our online catalogue the exchange rate will be
updated with the fluctuation in the market.
These conditions of business from Blomqvist are valid
from 26th February 2020