Participation in the auction implies full and unconditional acceptance of the
Regulations for auctions
. Buyers are advised to carefully read this section containing the terms of purchase of lots offered for sale by Telearte Auctions.
Condition reports of lots up for auction are available upon request. The condition of lots is not included in some descriptions, and Telearte Auctions recommends asking for condition reports of each lot for which you wish to bid.
Telearte Auctions is not responsible to anyone who does not observe the warnings described on this page and in the Rules and Regulations.
Estimates
An indicative estimate for potential buyers is given next to each description of lots in the catalog. In any case, all lots, depending on market interest, may achieve prices either above or below the stated appraisal values. Estimates printed in the auction catalog may be subject to revision and do not include purchase commission and VAT.
Reserve
The reserve price corresponds to the minimum confidential price deliberated by Telearte Auctions below which the lot will not be sold. Lots offered without reserve are marked “FREE OFFER” in the catalog.
Display before auction
Each auction is preceded by an exhibition open to the public free of charge and alternatively in virtual mode on this website. The exhibition is intended to enable all buyers to make a congruous examination of the lots offered for sale and to check all their qualities, such as, for example, authenticity, state of preservation, material, provenance, etc.
Conservation status
The properties are sold in their current state. We therefore advise potential buyers to make sure of the state of preservation and nature of the lots by taking a look at them before the sale. Telearte Auctions Experts will be happy to provide informative reports on the conservation status of lots for sale upon request.
The descriptions in the catalogs represent the opinion of our Experts only and may be subject to possible revisions, which will still be communicated to the public during the Auction.
Participation through written and telephone offers
Participation in the Auction may be through written bids and telephone bids, which Telearte Auctions will be happy to execute on behalf of potential buyers. Please note that the service is free of charge and therefore no liability of any kind can be charged to Telearte Auctions, which will not be responsible for inadvertently unexecuted bids or errors related to their execution.
For participation through written and telephone bids, potential buyers must fill out the appropriate
Bid Form
and fax it to +39 06 39731226 at least 24 hours before the start of the auction. Online bidding is possible after registering on the site.
Bids must be in euros and are exclusive of auction fees and tax charges required by applicable laws.
Telephone Bidding will be arranged by Telearte Auctions within the limits of line availability, and telephone connections during the Auction may be recorded.
Potential buyers connected by telephone consent to the recording of their conversations.
Live Auction
You can participate in Live auctions only after simply registering with a validated document and registering for the auction of interest via the “REGISTER FOR AUCTION” button by midnight of the day before the auction day. You will then be notified by email of approval to the auction, which will allow you to hear and see the auctioneer and bid in real time.
Payments
Buyers must make payment for lots within 10 days of the auction date according to the terms set out on the Payments page
