Payment on the day of the sale: the sale is for cash, and successful bidders are required to pay, in addition to the hammer price:
· 27% including VAT [i.e. 25.6% excluding VAT (VAT 5.5%) for books and 22.5% excluding VAT (VAT 20%) for all other lots, including manuscripts and maps]
USE OF THE LIVE PLATFORM
• DROUOTLive Anyone interested may register at:
Anyone interested may register at https://https://drouotonline.com/ to follow our auction live and bid during the sale.
The successful bidder using this platform must pay, in addition, a platform usage fee of 1.5% excluding VAT, or 1.8% including VAT.
GUARANTEE
All items, whether modern or antique, are sold under the guarantee of the auctioneers and, where applicable, the expert assisting them, in accordance with the descriptions given in the catalogue and taking into account any corrections announced at the time of the item’s presentation and recorded in the minutes.
KÂ-MONDO Auctions hereby informs that it reserves the right to withdraw one or more lots and/or to amend descriptions prior to the start of the sale.
All registrations on Drouot.com must be accompanied by a copy of an identity document for individuals and a KBis certificate for legal entities.
The firm shall not be held liable for any failure of the technical means made available to clients (the Internet and all other means).
Auctions: the successful bidder shall be the highest bidder and the last person to bid, and shall be legally obliged to provide their name and address as well as a valid identity document (a recent Kbis extract and a power of attorney for legal entities). Lots and their accessories shall only be handed over to the successful bidders once all sums due have been paid in full. In the event of payment by bank transfer, the handover of the items may be deferred until the funds have been cleared.
Should the successful bidder fail to pay the hammer price plus all costs payable by them as soon as possible, the lot will be put up for resale following a re-auction of the defaulting bidder’s lot, and their account will be suspended.
The unsuccessful bidder shall be automatically liable to pay the difference between their hammer price and that of the resale, following a re-auction, without being entitled to claim any surplus, if any.
The successful bidder shall be liable for interest on the hammer price from the date of the auction until the date of the resale, without prejudice to any claim for damages; under no circumstances may they reclaim any sums paid as a result of the auction.
The KÂ-MONDO auction house reserves the right to set off any amounts due against sums owed by the defaulting successful bidder. Similarly, the KÂ-MONDO auction house reserves the right to exclude from its future sales any successful bidder who has failed to comply with these terms and conditions of sale.
Once the bid has been accepted, the purchases are the sole responsibility of the successful bidder.
PAYMENT
The sale is for cash and conducted in euros.
Payment must be made immediately after the sale.
The successful bidder may make payment by the following means:
– in cash: up to €1,000 including fees and taxes for French private individuals and professionals; up to €15,000 including fees and taxes for foreign private individuals (i.e. non-professionals), upon presentation of their identity document.
– by bank transfer (IBAN is at the bottom of the invoice)
– by credit card (except American Express).
– by online payment: https://https://kapandji-morhange.com/paiement-en-ligne
– KÂ-MONDO does not accept cheques.
No lot will be handed over to the buyer until all sums due have been paid in full.
DELAY OR FAILURE TO PAY
PREVENTION OF UNPAID INVOICES: AUCTION ACCESS RESTRICTIONS REGISTER
KÂ-MONDO subscribes to the TEMIS service, which enables consultation of and updates to the auction access restrictions register (TEMIS Register). By participating in the sale, you acknowledge that you have been informed that:
• any unpaid sale slip or one subject to late payment is likely to be recorded in the TEMIS Register and may restrict your ability to participate in auctions;
• important notifications regarding the outcome of the auction will be sent to you at the email and/or postal address provided to KÂ-MONDO or to the Live platforms. If you are listed on the TEMIS Register, KÂ-MONDO may make access to its services conditional upon the use of specific payment methods or guarantees, or may refuse you access to certain services for which such guarantees cannot be provided. The TEMIS Register is managed by the company Commissaires-Priseurs Multimédia (CPM). It may be consulted by all auction houses operating in France that subscribe to the service. Your record will be automatically deleted after a maximum of 24 months if you are listed only once, and after a maximum of 36 months if you are listed multiple times. To find out whether you are listed in the TEMIS Register and by which auction house(s) that subscribe to the service, you may write to Commissaires-Priseurs Multimédia, 37 rue de Châteaudun, 75009 Paris, France or to
[email protected], enclosing a copy of your ID. To contest the registration of a lot, once you have received a response from CPM, you must contact the organisation responsible for your registration so that it can update your details. In the event of difficulties, you may, if you deem it necessary, submit a complaint to CPM, providing all the details and supporting documents required to investigate your complaint. For further information on the TEMIS database and your rights, please consult: - the terms and conditions of sale set out in the sales catalogue and on our website; - TEMIS’s personal data protection policy, available at https://temis.auction.
The other Live platforms used for our sales allow us to report a non-paying bidder and thus block their account.
INSURANCE
Once the hammer has fallen, the lots sold become the sole responsibility of the buyer. It is the buyer’s responsibility to insure the lots immediately upon the award of the bid. Items not collected will be stored at the buyer’s expense and risk. KÂ-MONDO shall not be liable for any guarantee regarding such storage.
COLLECTION OF LOTS
Along with your lot list, we will inform you of the location of your purchases, the collection conditions and the storage fees applicable to that location.
GRIBAUDO-VANDAMME EXPERTISE FIRM
82 Rue Bonaparte
75006 PARIS
Tuesday to Friday, 2pm to 5.30pm
Storage fees apply 20 working days after the sale.
The following storage fees apply:
- €5 incl. VAT per item per day
SHIPPING OF LOTS
Kâ-Mondo will not handle any packaging or dispatch.
The buyer is free to use any transport company of their choice.
Below are a few service providers:
• GTS
[email protected]
+33 (0)1 88 29 05 29
+33 (0)7 71 32 25 47
• THE PACKENGERS
[email protected]
+33 (0)1 76 44 00 90
• MBE 2509 - Versailles
https://https://mbefrance.fr/fr/envoi/versailles/2509
It is the buyer’s responsibility to arrange for a carrier of their choice. However, if you use a carrier that is not a specialist in the transport of art objects, such as a standard courier, a peer-to-peer delivery service, or a similar provider, we will not accept any claims.
We strongly recommend that the service provider take photographs of the lot at the time of collection in order to certify its condition.