Participation in the auction implies full and unconditional acceptance of the Conditions of Sale. Anyone wishing to participate in auction is recommended to carefully read the Conditions of Sale and this section containing a summary of the operation and methods of purchase of the lots offered for sale by Colasanti Casa d'Aste (without prejudice to the prevalence of Conditions of Sale).

The condition reports of the lots in auction are available upon request. The condition of the lots is not included in some descriptions and Colasanti Casa D'Aste recommends asking for the condition reports of each lot for which you want to bid.

Estimates

An indicative value estimate for potential buyers is indicated next to each description of the lots in the catalog. In any case, all lots, depending on the market interest, can reach prices both higher and lower than the estimated values ??indicated. Estimates printed on the auction catalog may be subject to revision and do not include the purchase commission and VAT. The estimates are not binding and cannot in any case generate any kind of reliance on the bidders and/or the buyer.

Reserve Price

The reserve price of a lot corresponds to the minimum confidential price agreed between Colasanti Casa d'Aste and the seller, below which the lot will not be sold. Lots offered without reserve are marked in the catalog with the words "FREE OFFER".

Viewing

The Auction House is exempt from any responsibility regarding the origin and description of the lots present in the catalogs, brochures, and any other illustrative material, and does not issue any guarantee (direct or indirect) about the quality, condition, attribution, authenticity, origin of the lots, whose sole guarantor and responsibility remains exclusively the principal seller, also towards the bidders and the buyer. The same terms used in the descriptions of the lots, as well as any other indication or illustration, must be considered purely indicative and not binding, and cannot generate any kind of reliance on the interested parties. Each auction is preceded by a viewing open to the public and free of charge. The viewing aims to allow all interested parties to carry out an appropriate examination of the lots offered for sale and to verify all the qualities, such as, for example, the authenticity, the state of conservation, the material, the origin, the conformity to the catalog description, and more, on which only the bidders and the buyer assume all risk and responsibility.

Watches and Clocks purchases

The descriptions of the watches (pocket, wrist, domestic and of other nature) shown in the catalog are merely indicative and in no case replaceable for direct examination by those interested in purchasing. The condition report provided by COLASANTI CASA d'ASTE upon potential buyer request does not constitute any guarantee as to the state of operation or the presence of restorations. The watches must be examined by the potential customer to ascertain their aesthetic, mechanical and functional condition. In the case of watches declared by the manufacturer as waterproof, the purchaser is invited to take them to a qualified center to have their seal checked. Documents relating to the watches, unless otherwise specified, are not provided. The indications relating to the weight, if included in the descriptions or condition reports, are to be understood as gross and purely indicative, as are the measurements of the cases and the actual nature and carat weight of any precious stones or other valuable materials present.

State of Consevation

The properties are sold in their current state, as seen and without any guarantee from the Auction House as to the origin, authenticity, state of conservation and value. We therefore advise potential buyers to make sure of the state of conservation, quality and authenticity, and the nature of the lots by viewing them before sale. The Experts of Colasanti Casa d'Aste will be pleased to provide, upon request, information reports on the state of conservation of the lots for sale.

The descriptions on the catalogs represent only the opinion of our Experts and may be subject to any revisions which will in any case be communicated to the public during the Auction.

Wines and Spirits

There is a risk of cork failure in older wines during transport and Colasanti Casa D’Aste will not provide any type of replacement for damaged bottles. Some labels may be stained or dirty where wines have been stored in humid conditions, however it should be emphasized that these conditions are considered optimal for the preservation of bottles.

The external evaluation of the bottles which includes the level, status of the label, the capsule and the color does not imply the tasting judgment which remains the only effective one as regards the actual organoleptic value of the wine on sale.

There is a risk of cork failure in older wines during transport and Colasanti Casa D’Aste will not provide any type of replacement for damaged bottles. Some labels may be stained or dirty where wines have been stored in humid conditions, however it should be emphasized that these conditions are considered optimal for the preservation of bottles.

The external evaluation of the bottles which includes the level, status of the label, the capsule and the color does not imply the tasting judgment which remains the only effective one as regards the actual organoleptic value of the wine on sale.

In Room Participation

For In Room participation, interested parties must register and collect the appropriate paddle number, providing a valid identity document and tax code.

Written and telephone bid participation

Participation in the Auction can take place through written and telephone bids that Colasanti Casa d'Aste will be happy to make in the name and on behalf of the interested parties, after completing, signing and sending the bid forms to the Auction House. Please note that the service is free and therefore no type of responsibility can be charged to Colasanti Casa d'Aste who will not be responsible for offers inadvertently not executed or for errors relating to their execution.

Written and telephone bids

For participation through written and telephone bids, potential buyers must fill in the Absentee bids form and send it by email to: info@colasantiaste.com or fax to +39 06 66183656 at least 2 hours before the auction starts. It is possible to make offers online, after registering on the site. Bids must be in euros and are net of buyer’s premium, any expenses and tax charges provided for by the laws in force, to be paid to the Auction House. The Telephone bids will be organized by Colasanti Casa d'Aste within the limits of the lines availability and the telephone connections during the Auction can be registered. Bidders connected by telephone agree to the possible recording of their conversations

Live Auction

It is possible to participate in the Live auctions only after a simple registration in the MY COLASANTI section with a validated document, tax code and credit card and, where required, by registering for the auction of interest through the button "SUBSCRIBE TO LIVE AUCTION " within midnight of the day before the auction. You will then be notified via email of the auction approval, which will allow you to hear and see the auctioneer in real time and place bids. 

Premium Live Auction

To participate to PREMIUM Live auctions, in addition to registration and registration for the single auction, additional guarantees are required in the specified methods that will be communicated at the time of registration.

Payment methods

The successful bidders must provide the payment of the awarded lots (including the hammer price, buyer’s premium, any expenses) within 10 days following the auction date by:

  • Cash up to 4.999,99 euro;
  • cashier's check made out to Colasanti Luigi d.i., subject to prior verification with the issuing bank, to be delivered to the office of the Auction House;
  • Bank wire:

Colasanti Luigi d.i.

BANCA INTESA SANPAOLO – Via R. Guerra 62/B - 00166 Roma

IBAN: IT50Y0306905239100000003791

SWIFT: BCITITMM;

  • Credit/debit card charge

In the event of non-fulfillment, the Auction House will be able to resolve the purchase note to the detriment of the successful bidder or take action for execution.


Lot Collection

Buyers must collect lots within 15 days from the auction date. After this deadline, Colasanti Casa d'Aste will no longer be held in custody nor will it be liable for any damage that may be caused to the lots that may be transferred to a special warehouse, at the buyer's risk and expense. Colasanti Casa d'Aste will charge the buyer for the insurance and storage costs according to the cost list available to customers in the office. The buyer must provide Colasanti Casa d'Aste with an identity document upon lot collection. If the buyer instructs a third person to collect the lots already paid for, this person must have a written proxy issued by the buyer and a copy of the buyer's identity document. The lots will be delivered to the buyer or to the delegated person only after full payment has been made.

In case of delayed collection of the purchased lots, the auction house reserves the right to charge the storage costs listed below as an indication:

  • € 25.00 + VAT per week (or part of a week) for each lot

Shipment of the lots

Our staff is also available for evaluations and advice relating to all methods of shipment and insurance of the lots. The shipment will take place at the risk and expense of the buyer, who must release Colasanti Casa d'Aste from any liability filling a written absolving form

Lot Exportation

The Dlgs n.. 42 of 22 January 2004 regulates the export of Cultural Heritage outside the territory of the Italian Republic. The EEC Regulation n. 3911/92 of 9 December 1992, as amended by EEC Regulation no. 2469/96 of 16 December 1996 and by EEC Regulation no. 974/01 of 14 May 2001, on the other hand, regulates the export of Cultural Heritage outside the European Union.

In some cases, and where possible, in order to export the lots made up of Cultural Heritage outside Italy, a valid export license is required in accordance with the applicable legislation in force, which the buyer is required to obtain personally by checking in advance the rules applicable to the lot. interest. Colasanti Casa d'Aste is not responsible for such permits, nor can it guarantee the release of the same or the relative timing. Colasanti Casa d'Aste, upon the buyer’s request, can provide for the completion of the procedures relating to the granting of the necessary export licenses, it being understood that these practices will remain at the risk and expense of the buyer, remaining the Auction House exonerated from any responsibility for the good outcome of the practices.

Resale Right

With Dlgs n. 118 of 13/2/2006 has been in force since 9 April 2006 in Italy the "Resale Right" (Droit de Suite), that is the right of the author (living or deceased for less than 70 years) of figurative arts works and of manuscripts to receive a percentage of the sale price of their originals works on the occasion of sales subsequent to the first. This right will be borne by the Seller and will be calculated on the hammer price equal to or greater than € 3,000.00.

In any case, this right cannot exceed € 12,500.00 for each lot. The amount of the fee to be paid is determined as follows:

  • 4% for the sale price up to € 50,000.00;
  • 3% for the sale price between 50,000.01 and 200,000.00 euros;
  • 1% for the sale price between 200,000.01 and 350,000.00 euros;
  • 0.50% for the sale price between 350,000.01 and 500,000.00 euros;
  • 0.25% for the sale price exceeding € 500,000.00.

The above except for subsequent changes in the law.

The resale right charged to the Seller will be paid by Colasanti Casa d'Aste to SIAE based on what is established by law.

Important Notice

All lots containing electrical components are offered for sale as non-functional and to be completely overhauled.

Colasanti Casa d'Aste is released from any liability to anyone for improper use of the lots sold or for non-compliance with the warnings.

We remind you of the need, before using the lots, to have expert and trusted personnel check the correct functioning of all the electrical parts.

The descriptive images in the catalog and on the website may not faithfully represent the lots offered at auction. Colasanti Casa d'Aste always recommends direct viewing of the works before placing bids.

If it is not possible to view the lots in person, a condition report can be requested to receive additional and detailed images of the objects.

For information you can contact us by phone at +39 06 66183260 - +39 06 3235193 or by e-mail at our address info@colasantiaste.com.