12/27/2023 0 Comments Hell bank note valueIt is granted exclusively to the Buyer and its transfer to third parties is not allowed. the purchased item is a painting, a watercolor, drawing or sculpture that the completion date should be prior to 1880 in accordance with the indications given in the catalog of the Online Shop.Ĥ.3 The Buyer may request cancellation of the auction to TGP Auction (as representative of the Principal) at the date of the auction for a period of two (2) years (three (3) weeks for jewelry). false was performed (according to careful estimation of TGP Auction) before 1880 or iv. the state of technical progress and methods generally accepted and practiced have failed to recognize the false at the time of the auction or the complexity of their use would have been disproportionate to the value of the object iii. the description of the object in the Online Sale catalog was consistent with the opinion of an expert or to the general opinion of experts or when the description in the Online Store catalog implied that there differences of view in this regard ii. A lot is not considered adulterated if it is only damaged or has been the subject of restoration and / or any changes.Ĥ.2 The auction will not be canceled in accordance with the above provision, according to the appreciation of TGP Auction, where: i. It is meant by false any object that is in accordance with a reasonable assessment of TGP Auction, an imitation made with the intention of misleading others falsely, either in relation to the author, age, time, the crop circle or origin, without the correct description of these elements appears from the catalog of the Online Shop (taking into account any changes) and that this fact significantly reduces the value of the object to an object corresponding to the catalog description. If the VAT amount exceeds CHF 50, it will be refunded upon presentation of the export documents validated by Swiss customs.ģ.3 The Buyer agrees that TGP Auction also receives a commission by the Principal.Ĥ.1 If an item purchased should prove to be a fake, TGP Auction cancel the tender (subject to numbers 4.2 and 4.3 below) on behalf of the Principal and reimburse Buyer the auction price and Supplement plus VAT. Foreign buyers should inquire before sale and comply with import and export rules between Switzerland and the country of destination. Hammer price, charge and commission 3.1 In addition to the hammer price, which is the highest bid in accordance with the sales process communication ( "Hammer price") Buyer pays 20% premium above the hammer price of each lot, plus VAT of 7.7% over this amount.ģ.2 For all lots, VAT payable by the buyer shall be calculated on the hammer price plus the bid. TGP Auction reserves the right to modify the said CV anytime and publish whenever the new version on its website.ģ. Buyer, reconfirms the CV every time he connects to the Site. Buyer.Ģ.2 The CV also govern the modalities for the establishment of the contract between the Seller and Buyer.Ģ.3 The Bidder, resp. TGP Auction is thus not part of the Contract of Sale.Ģ.1 The CV apply to use of the Site and / or participation in Online Sales under the Rights and Duties of TGP Auction and Bidder, resp. The award is granted to the Bidder Auction TGP recognized as having made the best offer in Swiss francs in connection with the online sale ( "Purchaser") at the end of the auction period, which is created by a contract of sale ( "sale agreement") as of right between the Buyer and the Principal about the item sold at the Online Shop through the Site (concerning the establishment of sale contract, see figure 7). 1 of the Swiss Code of Obligations ( "CO"). TGP Auction acts in the name and on behalf of the Principal as direct representative / immediate in the sense of art. legal status of the parties the auction items will be auctioned by TGP Auction on behalf of and for the account of him who handed ( "Principal"). By using this website (including all domains and sub-domains "Website") and / or taking part in online auction items through the Site ( "sale (s) Home» ), the bidder who uses this Site to buy an item or to inquire about the items for sale on the Site ( "bidder") submits to the Terms of Auction Online ( "CV") below TPG SA, Avenue statNeuchatel, Switzerland ( "TGP Auction"):ġ. These conditions (CV) apply only to objects that TGP SA (as hereinafter defined) present at an auction online.
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