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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 48 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 three hours before the auction starts at the latest.
This can be done by mail, telefax to our office or via internet
at
www.blomqvist.no. 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, letter or telefax before 3 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 22% on the hammer price is payable for lots
staying in Norway. For lots to be exported, the premium is
18,7% plus 25% VAT for art and 17,6% 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 work 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. After 70 years of the artist’s death there will be a
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.
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 = 9,60 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
25.09.2018