CONDITIONS OF SALE



Registration

Please note you must register online prior to the start of the sale ideally 24 hours before. Once you have registered please keep your account details strictly confidential. You will be liable for any or all bids made via your account.

Please note that ArtScoops reserves the right to reject a registration to bid online, withdraw its permission to use our online bidding platform, or end an account for any reason at any time.

Absentee Bids

ArtScoops will attempt to execute bids for buyers unable to attend the auction at the lowest possible price taking into account the reserve price. Your request should be made in writing by completing the form and given to one of the auction specialists (listed in the front of the catalogue). Always indicate a “top limit”, the amount to which you would bid if you were attending the auction yourself. Absentee Bids forms are available in the catalogue and online.

We must receive your completed Absentee Bid Form at least 24 hours before the auction.

Lot Descriptions, Provenance and Condition Reports

The sizes of the artworks are quoted without the frame. Relining, stretching and mounting are considered measures of preservation and not a default.

Prospective bidders may request a condition report at any time. In certain instances, ArtScoops may print the provenance or the condition in the site. Any reference to condition will not amount to the full description of condition. We shall not be liable to you for any errors or omissions with respect to sale of the artwork, including any description of or any other material with respect to the promotion, marketing and exhibition of the artwork. We make no guarantees, representations or warranties to you about the artwork, including its authenticity, attribution, legal title, condition, value or otherwise. Our liability ends after the sale and any errors of authenticity will be borne by the seller.

At the Sale

When making a bid, a bidder is accepting personal liability to pay the purchase price including all applicable charges.

Bidding

ArtScoops reserves the right to reject any bid. The highest bidder acknowledged by ArtScoops will be the purchaser. ArtScoops can also cancel the sale or resell the article in dispute.

Reserves can be lowered and or changed at any time during and until the end of the auction, should your bid meet the new reserve and you are the highest bidder, you have the winning bid and are legally required to honour the payment of the lot at the new reduced reserve level.

Closing the Online Only Auction

An end time is displayed for each Lot on our platform. 

It will be clearly stated of the auction will end with minute intervals only or intervals followed by an extension. 

Auctions can either end in the following two ways unless otherwise stated. All details will be

Option 1:

An end time is displayed for each Lot on our platform. Lots will close at the stated time unless a bid is placed within 1 minute of a Lot’s scheduled end time. If this occurs, ArtScoops will extend the whole online sale of all the Lots by 3 minutes from the time of the last bid. Upon the closing of each lot, you will receive an email indicating if you have won the lot.

Option 2:

Lots will close at the stated time unless a bid is placed within 2 minutes of a lot’s scheduled end time. If this occurs, ArtScoops will extend the online sale of that lot by 2 minutes. The extension of a lot’s closing time does not affect the closing time of the lots following it. This may result in lots closing out of numerical order.

Option 3:

Lots will close at 2 minute intervals. If a bid is placed within 1 minute of a lot’s scheduled end Tim, ArtScoops will extend the lot by 2 minutes. The extension of a lot’s closing time does not affect the closing time of the lots following it. This may result in lots closing out of numerical order.

Successful Bids

Invoices are sent out by email after the auction. Buyers are requested to contact us to obtain the outcome of their bids and to avoid unnecessary storage charges.

Out of Auction

If you are interested in purchasing a lot out of auction, please contact the ArtScoops team. Lots can be bought out of auction if the seller agrees or if there is no bid on the piece by the time the auction ends.

Buyer’s Premium

Often a buyer’s premium is added to the hammer price and is payable by the purchaser as part of the total purchase price.

Imports & Taxes

The purchaser will be required to pay any applicable taxes, import licenses or customs. It is the buyer’s sole responsibility to obtain any relevant import license. The denial or delay of any license shall not justify the recession of any sale nor any delay in full payment.

Payment

For convenience, the sale will be conducted in US dollars. Please note we will only accept payment from the registered bidder. Lots may be paid for: in cash, cheque or bank transfer. If by cheque, lots may not be withdrawn until the funds have been cleared.

Removal of Purchases

You must collect purchased lots within three days from the auction if its being held in ArtScoops offices, otherwise please follow the instructions on Winning Bidder Email on how to remove your lot. If the lot is not removed after 15 days after the sale, ArtScoops may send the artwork to a warehouse or charge a storage fee at the expense and risk of the purchaser.

Shipping

It is the buyer’s responsibility to make all shipping arrangements.

Remedies for Non-Payment

We have no obligation to enforce the payment from the buyer. If we do not receive payment from the buyer within thirty (30) days of the auction, we shall have the right to exercise a number of legal rights, these include, but are not limited to, the following:

a) to hold the defaulting buyer liable for the total amount due and to commence legal proceedings;
b) to offer the Property for private or public sale.

A fee of 10% of the purchase price will apply if the work is not paid for in full after 30 days.

law and Jurisdiction

This auction is governed by Lebanese law. Beirut courts are the sole competent jurisdictions to hear any dispute arising or related to the present Conditions of Sale.


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