Where a reserve price on the object and the auction details have been defined with the vendor, a contract of sale must be drawn up with the Auction House San Giorgio srl. A commission of 13% of the sale price +VAT (IVA) will be charged to the vendor.

Transport, insurance and the costs sustained by the Auction House to authenticate items with the relevant archives are payable by the vendor, regardless of the result of the sale.

Payment of the proceeds of the auction will be credited to the vendor 60 working days after the sale, excluding fees and expenses, provided that the buyer has satisfied the obligation assumed at the time of the auction and that there have been no complaints or claims concerning the sold objects and that, in the case of a sale abroad, that both payment has been received and exportation permit obtained.

In the event of an item/s failing to sell, the vendor is obliged to remove the unsold lots from the San Giorgio Auction House premises, unless prior agreement has been make with the San Giorgio Auction House srl to reduce the reserve price in order to have further attempts at selling the items in a future auction or private sale.

CASA D'ASTE SAN GIORGIO Srl PALAZZO BOGGIANO - GAVOTTI VIA SAN LORENZO, 5/17 16123 GENOA - ITALY TEL. +39.010.8693500 - FAX +39.010.8693524 P. IVA 01710130996 INFO@SANGIORGIOASTE.COM