Diamond Ring

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, and end an account for any reason at any time. 

Artscoops will attempt to execute bids for buyers unable to attend the auction taking into account the reserve price.

Your request should be made in writing by completing the form and given to one of the auction and send to Artscoops. Always indicate a “top limit”, the amount to which you would bid if you were attending the auction yourself (taking into consideration the buyer’s premium or other taxes such as VAT). 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. 

Prospective bidders may request a condition report at any time. We shall not be liable to you for any errors or omissions with respect to sale of the lot, including any description of or any other material with respect to the promotion, marketing and exhibition of the lot. We make no guarantees, representations or warranties to you about the lot, 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. 

The order of the sale will be that of the catalogue or the website. Viewing days (if stated in the catalogue) prior to the sale permit buyers to establish the condition of the works offered for sale and no claim will be accepted after the hammer has fallen. No mention shall be made of relining, mounting or cradling as they are considered to be methods of preservation and not a default. Frames are not guaranteed. 

Estimates are based on quality, rarity provenance of the work and prices recently paid at auction for similar lots.

Estimates do not include the buyer’s premium or other taxes such as VAT. Each lot is subject to a reserve unless marked otherwise. 

We act, primarily as agents for the seller. We are dependent on information provided by the seller. Their team of experts have inspected the item for quality, authenticity and relevant condition grade. 

The item can be in either Perfect Condition (this item shows no signs of wear); Excellent Condition (some negligible signs of wear); Good Condition (the item shows moderate signs of wear with minor flaws; Fair Condition ( the item is in good condition and has normal wear and tear from regular use). 

Items that are marked “No returns on this item’ are for final sale. Once purchased, such items cannot be returned. 

When making a bid, a bidder is accepting personal liability to pay the purchase price, including all applicable charges. No bids can be withdrawn after bidding for any reason. You will be able to place bids on a Lot during the bidding period indicated for each lot in two ways: either by submitting your next bid using the increments indicated or by submitting your Maximum Bid. The Maximum Bid is the most you are willing to bid and pay for an item (exclusive of Buyer’s Premium and any applicable taxes). When leaving a Maximum Bid the system will automatically place incremental bids on your behalf in response to other bids until there are no bids or your Maximum Bid has been reached. You will be notified by email when you are outbid, but always check in regularly to the platform as we are not responsible for emails going to ‘Junk’ or ‘being delayed at the servers’ end. In the event of a tie between bids placed, the earlier bid received by our server shall be accepted. 

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. 

An end time is displayed for each Lot on our platform. It will be clearly stated that the auction will end with minute intervals only or intervals followed by an extension. Auctions can end in the following ways unless other, 

An end time is displayed for each Lot on our platform. 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 entire online sale of all the Lots by 2 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. 

Lots will close at the stated time with 2-minute intervals unless a bid is placed within 1 minute of a Lot’s scheduled end time. If this occurs, Artscoops will extend the online sale of that lot by the suggested minutes on the page – this can vary between 2 and 5 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. 

Lots will close at 2-minute intervals one after the other in sequential order. The chosen option will be made clear on the site. We reserve the right to close early or extend the bidding at any time at our sole discretion. It is strongly recommended to submit bids early to avoid losing out to factors out of our control such as poor internet connection. All times are based on the Lebanese time zone. 

Invoices are sent out by email at the end of the auction. 

A buyer’s premium of 10% is added to the hammerprice and is payable by the purchaser as part of the total purchase price. In addition all due taxes (VAT) must be paid by the buyer. 

Zenith Expos is in charge of payments.

The sale is conducted in US dollars bank notes, international transfers or OMT payment. 

You must collect purchased Lots within seven days from the auction if they are 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 twenty 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.

We are not responsible in case of strike, riot, civil commotion (SRCC) war and natural disasters for any property left with us. 

It is the buyer’s responsibility to make all shipping arrangements, and to obtain any relevant import licenses.

We are happy to recommend logistics companies. 

Artscoops will not be liable or responsible for any failure to perform or delay in performance that is caused by an Event Outside our Control. An Event Outside Our Control means any act or event beyond our reasonable control, including without limitation strikes, lock-outs or other industrial action by third parties, failure of third parties to provide services, civil commotion, riot, invasion, terrorist attack, war or threat or preparation for war, fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural disasters, or failure of public or private telecommunications networks or impossibility of the use of railways, shipping, aircraft, motor transport or other means of public or private transport. 

If an Event Outside Our Control takes place that affects the performance of our obligations:

(a) We will contact you as soon as reasonably possible to notify you; and 

(b) Our obligations under our Conditions of Sale will be suspended, and the time for performance of our obligations will be extended for the Event Outside Our Control duration. 

The copyright in any and in all parts of the sale is the property of Artscoops and/or the consigner. Any reproduction thereof is forbidden and will be considered as counterfeiting to their detriment. 

Artscoops is not responsible for the authenticity of the works sold. Zenith Expos’ consignors will solely be responsible if the authenticity of the work is questioned and the piece proved not to be genuine. The consignor will have up to 2 years to cover and reimburse incurred costs to Artscoops and the buyer in this case. 

Artscoops does not issue certificates of authenticity. 

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.