Sale 1039
Modern & Contemporary Arab & Turkish Art
Online 16 - 30 October 2014
Additional Charge Details

Additional Charges

Additional charges, including buyer’s premium, valued added, sales or compensating use tax or equivalent tax, any and all shipping expenses, including costs, packing and handling, any loss damage liability fees, and all other applicable charges will apply.

In addition to the hammer price, the buyer agrees to pay to us the buyer’s premium together with any applicable value added tax, sales, or compensating use tax or equivalent tax in the place of sale. The buyer’s premium is 25% of the hammer price of each lot up to and including $100,000, 20% of the excess of the hammer price above $100,001 and up to and including $2,000,000, and 12% of the excess of the hammer price above $2,000,001.

For international buyers, the terms of sale are Delivered Duty Unpaid (DDU) and duty and sales tax will be the sole responsibility of the buyer to be paid prior to shipment and/or delivery. The winning bidder will also be responsible for any and all shipping expenses, including costs, packing and handling, and any loss damage liability fees. Provided that your purchased lots are paid for in full, cleared funds by the payment deadline, Christie’s will store your lots free of charge until the relevant deadline for shipment, at which time purchases will be shipped to you at your expense and pursuant to the instructions you provide at time of payment. Christie's will provide loss damage liability for purchased lots when arrangements are made for such lots to be shipped to you at a rate of 1% (one percent) of the total purchase price. This will be charged at check-out and will cover loss, theft, damage or breakage.

Buyers Resident in GCC
Buyers of imported objects collected or shipped within the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) are subject to 5% import duty on the low estimate. such lots are identified in the lot description with language indicating as such or have been marked by the symbol *. For GCC buyers, please note that duty is paid at origin (in Dubai) to Christie’s approved shipper and not in the importing country. As such, duty paid in Dubai is treated as final duty payment as per GCC’s custom laws. It is the buyer’s responsibility to ascertain and pay all taxes due

For non-GCC buyers ;
Import duty will not apply provided that shipment/delivery is arranged through Christie’s shipper,. Christie’s cannot guarantee that import duty will not be levied should clients choose to arrange delivery through their own carriers. In case a buyer wishes to hand carry his lot as personal baggage to any Non - GCC country then Christie’s Shipper will need to meet the buyer at the airport to get the proof of export stamped on the customs exit documents so that no duty is paid when goods are hand carried as export.

Payment Information

Payment:
You must pay the full amount due (comprising the hammer price, buyer’s premium, any applicable value added, sales or compensating use tax or equivalent tax, any and all shipping expenses, including costs, packing and handling, any loss damage liability fees and all other applicable charges) no later than 11:59 p.m. (gst) on November 3rd , 2014. This applies even if you wish to export the lot and an export license is, or may be, required. You will not acquire title and own the lot until all amounts due to Christie’s have been received by Christie’s in full, cleared funds.

All payment must be made by credit card. We will accept credit cards with a MasterCard, Visa, Discover (including Diners Club International and JCB), American Express or China Union Pay (if the China Union Pay credit card has a Visa or MasterCard logo) logo. Other methods of payment will not be accepted. Christie’s will only accept payment from the registered bidder – individual or entity. If you registered and bid as an entity in accordance with the Conditions of Sale and Terms of Use, the entity will need to pay for any purchases via a credit card issued to the entity account.

Delivery:
Provided that your purchased lots are paid for in full, cleared funds by the payment deadline, Christie’s will store your purchased lots free of charge until the relevant deadline for shipment, at which time purchases will be shipped to you at your expense and pursuant to the instructions you provided at the time of payment. You must indicate if you wish to have your purchases shipped domestically or internationally at the time of check-out. Payment for your purchase, including any applicable charges for shipping, and a provision of your final shipping destination, must be returned to Christie’s by the payment deadline to qualify for this extended free-of-charge storage. If shipping arrangements have not been confirmed for any items sold or such items have not been paid for in full, cleared funds by the payment deadline, administration and handling fees may be charged at Christie’s full discretion. If such shipments can be facilitated, purchases will be shipped to the address you provide at check-out. Purchases cannot be delivered to P.O. boxes.

In addition to the hammer price, buyer’s premium and any applicable value added, sales or compensating use tax or equivalent tax, you will be responsible for any and all shipping expenses, including costs, packing and handling, and any loss damage liability fees, as well as other applicable charges. Christie’s will provide loss damage liability for purchased lots when arrangements are made for such lots to be shipped or delivered to you at a rate of 1% (one percent) of the total purchase price. This will be charged at check-out and will cover loss, theft, damage or breakage.

Non-payment:

If the buyer fails to make payment in full, cleared funds by the payment deadline, Christie’s will be entitled in Christie’s absolute discretion to exercise one or more of the following rights or remedies (in addition to asserting any other rights or remedies available to us by law):
(i) To charge interest at such rate as we shall reasonably decide;
(ii) To hold the defaulting buyer liable for the total amount due and to commence legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law;
(iii) To cancel the sale;
(iv) To resell the property publicly or privately on such terms as Christie’s and the seller shall think fit, and the buyer shall be liable for payment of any deficiency between the total amount originally due to us and the price obtained upon resale as well as for all costs, expenses, damages, legal fees and commissions and premiums of whatever kind associated with both sales or otherwise arising from the default;
(v) To pay to the seller an amount up to the net proceeds payable in respect of the amount bid by the defaulting buyer;
(vi) To set off against any amounts which we, or Christie’s International plc, or any of its affiliates, subsidiaries or parent companies worldwide, may owe to the buyer in any other transactions, the outstanding amount remaining unpaid by the buyer;
(vii) To reject at any future auction any bids made by or on behalf of the buyer or to obtain a deposit from the buyer before accepting any bids.

This lot is offered by Christie's Dubai Ltd.