General Terms & Conditions

ALL SALES ARE FINAL!

Estimates

Estimates are designed to help buyers gauge what sort of sum might be required for the purchase of a particular lot. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the Buyer's Premium. They are in no sense definitive.

The purchase price.

The Buyer shall pay the hammer price together with a premium thereon of 18%.

We are, primarily, agents for the seller.

We are dependent on information provided by the seller and whilst we may inspect lots and act reasonably in taking a general view about them we are normally unable to carry out a detailed or any examination of lots in order to ascertain their condition in the way in which it would be wise for a buyer to do. Intending buyers have ample opportunity for inspection of goods and, therefore, accept responsibility for inspecting and investigating lots in which they may be interested. Please note carefully the exclusion of liability for the condition of lots contained in the Terms & Conditions. Neither the seller nor we, as the auctioneers, accept any responsibility for their condition. In particular, mechanical objects of any age are not guaranteed to be in working order. However, in so far as we have examined the goods and made a representation about their condition, we shall be liable for any defect which that examination ought to have revealed to the auctioneer but which would not have been revealed to the buyer had the buyer examined the goods. Additionally, in specified circumstances lots misdescribed because they are 'deliberate forgeries' may be returned and repayment made. There is a 14 days time limit. (The expression 'deliberate forgery' is defined in our Terms & Conditions).

Export of goods

Buyers intending to export goods should ascertain whether an export license is required and whether there is any specific prohibition on importing goods of that character. Ask us if you need help.

Commission bidding.

Commission bids may be left with the auctioneers indicating the maximum amount to be bid excluding buyers' premium. They will be executed as cheaply as possible having regard to the reserve (if any) and competing bids. If two buyers submit identical commission bids the auctioneers may prefer the first bid received. Please enquire in advance about our arrangements for the leaving of commission bids.

Live online bidding

Now available via liveauctioneers.com or Invaluable.com. To bid online you need to register at liveauctioneers.com or Invaluable.com. In completing the bidder registration on liveauctioneers.com or Invaluable.com and providing your credit card details and unless alternative arrangements are agreed with Pasarel Ltd, you:

Payment and clearance

Payment is due immediately after the auction. Paypal & Card payments where the card-holder is not present will only be accepted for transactions up to $1500. (surcharge of additional 3%) The following methods of payment may be made:

Packing and Shipping

We pack and ship all lots worldwide at cost. All overseas buyers will receive a shipping quote with the post-sale invoice. We ship all parcels with EMS (Express mail service) special delivery. Insurance, import duties, taxes and charges are not included in the item price or shipping charges, these are the buyer's responsibility. Please check with your country's customs office to determine what these additional costs will be prior to bidding.

Terms & Conditions

Pasarel Ltd carries on business with bidders, buyers and all those present in the auction room prior to or in connection with a sale on the following General Conditions and on such other terms, conditions and notices as may be referred to herein.

Definitions

In these Conditions:

Bidding Procedures and the buyer

Increments

Bidding increments shall be at the auctioneer's sole discretion.

The purchase price

The Buyer shall pay the hammer price together with a premium thereon of 17%.

Title and collection of Purchases

Remedies for non-payment or failure to collect purchases

Third Party liability

All members of the public on our premises are there at their own risk and must note the lay-out of the accommodation and security arrangements. Accordingly neither the auctioneer nor our employees or agents shall incur liability for death or personal injury (except as required by law by reason of our negligence) or similarly for the safety of the property of persons visiting prior to or at a sale.

Commission bids

Whilst prospective buyers are strongly advised to attend the auction and are always responsible for any decision to bid for a particular lot and shall be assumed to have carefully inspected and satisfied themselves as to its condition we will if so instructed clearly and in writing execute bids on their behalf. Neither the auctioneer nor our employees or agents shall be responsible for any failure to do so save where such failure is unreasonable. Where two or more commission bids at the same level are recorded we reserve the right in our absolute discretion to prefer the first bid so made.

Warranty of title and availability

The seller warrants to the auctioneer and you that the seller is the true owner of the property consigned or is properly authorized by the true owner to consign it for sale and is able to transfer good and marketable title to the property free from any third party claims.

Agency

The auctioneer normally acts as agent only and disclaims any responsibility for default by sellers or buyers.

Descriptions and condition

Forgery

Notwithstanding the preceding Condition, any lot which proves to be a deliberate forgery (as defined) may be returned to us by you within 14 days of the auction provided it is in the same condition as when bought, and is accompanied by particulars identifying it from the relevant catalogue description and a written statement of defects. If we are satisfied from the evidence presented that the lot is a deliberate forgery we shall refund the money paid by you for the lot including any buyer's premium provided that (1) if the catalog description reflected the accepted view of scholars and experts as at the date of sale or (2) you personally are not able to transfer a good and marketable title to us, you shall have no rights under this condition. The right of return provided by this Condition is additional to any right or remedy provided by law or by these Terms & Conditions.

Jurisdiction

Netanya city court of law is the sole jurisdiction in any conflict between the auctioneers and its clients

We shall have the right at our discretion, to refuse admission to our premises or attendance at our auctions by any person.