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 at 5.5%) for books and 22.5% excluding VAT (VAT at 20%) for all other lots, including manuscripts and maps]
USE OF THE INTERENCHERES PLATFORM
• Anyone interested may register at:
Anyone interested may register on the Interenchères website 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 lots, 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 lot’s presentation and recorded in the minutes.
KÂ-MONDO Auctions hereby states 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 resources made available to clients (the internet and any 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 for which they are liable as soon as possible, the lot will be put back up for sale following a re-auction of the defaulting successful bidder’s lot, and their account will be suspended.
The unsuccessful bidder shall be automatically liable to pay the difference between their successful bid and the resale price, following a repeat auction, without being entitled to claim any excess, 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 successful bid.
The KÂ-MONDO auction house reserves the right to set off any sums due against those owed to 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 declared successful, the purchases become the sole responsibility of the successful bidder.
PAYMENT
The sale is for cash only 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 euros, including fees and taxes, for private individuals and professional buyers who are French nationals; up to 15,000 euros, including fees and taxes, for private individuals who are foreign nationals (i.e. non-professionals), upon presentation of their identity document.
– by bank transfer (the IBAN is at the bottom of the invoice)
– by credit or debit card (except American Express).
– by online payment: https://https://kapandji-morhange.com/paiement-en-ligne
– KÂ-MONDO does not accept cheques.
No lots will be handed over to buyers 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 it to consult and update the auction access restrictions register (TEMIS Register). By participating in the sale, you acknowledge that you have been informed that:
• any sale invoice that remains unpaid or is subject to late payment may 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 address 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 are subscribers to the service. Your entry 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 identity document. To contest the inclusion of a lot, once you have received a reply from CPM, you will need to contact the organisation responsible for your inclusion so that it can update your details. Should you encounter any 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 refer to: - 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 auction platforms used for our sales enable us to report a non-paying bidder and thereby block their account.
INSURANCE
Once the bid has been accepted, the lots become the sole responsibility of the buyer. It is the buyer’s responsibility to insure the lots immediately upon the bid being accepted. Lots not collected will be stored at the buyer’s expense and risk. KÂ-MONDO shall not be liable for any guarantees regarding these items in storage.
COLLECTION OF LOTS
When we send you your collection slip, we will inform you of the location of your purchases, the collection terms and any storage charges applicable to that location.
GRIBAUDO-VANDAMME EXPERTISE FIRM
82 rue Bonaparte
75006 PARIS
Tuesday to Friday, 2.00 pm to 5.30 pm, by appointment via email:
[email protected]
Storage charges apply 20 working days after the sale.
The following storage charges apply:
- €5 (incl. VAT) per item per day
SHIPPING OF LOTS
Kâ-Mondo will not handle any packing or dispatch.
The buyer is free to use any courier 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 who is not a ‘professional art transport provider’, such as a standard courier, a peer-to-peer delivery service, or any similar provider, we will not accept any claims.
We strongly recommend that the buyer take photographs of the lot at the time of collection in order to document its condition.