Important Information

AUCTION NO:  FORUM AUCTIONS 2323

AUCTION FORMAT: ONLINE ONLY
This is an online auction with real time bidding held by our sister company, Forum Auctions.  There will be no video or audio feed.  The auction will start closing from 12pm GMT.       

BUYER’S PREMIUM:
Buyer’s premium is charged per lot at 26% of the hammer price (31.2% including VAT) up to and including £20,000, 25% (30% including VAT) of the hammer price from £20,001 up to and including £500,000, 20% (24% including VAT) of the hammer price from £500,001 up to and including £1,000,000, and 12.5% of the hammer price (15% including VAT) in excess of £1,000,000.

REGISTRATION:
You will need to set up an account in order to bid in the auction.  It is now a requirement of Dreweatts that we undertake identification and address verification from clients in order to comply with money laundering regulations and fraud prevention.  If you have not already done so, all clients must provide two forms of identification before they can bid.  Please submit:    

  • a copy of a government-issued photo identification (such as a national identity card, passport or UK driving licence) showing your full name and date of birth, and
  • a proof of your current address, for example a utility bill or bank statement, mortgage document

If you wish to buy on behalf of a Company, please submit:

  • a certificate of incorporation, showing the company’s full name and registered address;
  • documentary confirmation of each beneficial owner owning 25% or more of the company;
  • the ID document (such as a driving licence or passport) of the authorised signatory and where the authorised signatory is not a director, a letter on company letterhead confirming the individual’s authority to act.  

Documents should be sent by email to live@dreweatts.com.  Depending on individual circumstances, further documents may be requested. Your invoice will be made out to the name and address registered to bid.  Once you have set up your account you can then register to bid in the sale.

We advise all clients to register at least 48 hours in advance of the auction as you may be asked to provide documents to verify your identity.  Registration for new clients will close at 12 noon GMT the day before the auction.    

CONDITIONS OF SALE:
Any registration to bid is subject to acceptance of our Auction Terms and Conditions and Privacy Policy.  

VIEWING AT FORUM AUCTIONS:
Forum Auctions, 4 Ingate Place, London SW8 3NS | www.forumauctions.co.uk
Viewing is available during opening hours (Monday - Friday, 9.30am - 5pm), strictly by appointment.  To book an appointment, please email: info@forumauctions.co.uk or call +44 (0) 20 7871 2640.   

CONDITION REPORTS:
Buyers must satisfy themselves to the condition of any item prior to bidding. Our specialists will be providing detailed conditions reports and additional images as requested.  Many of the lots already have condition reports so please check the website first (see text in italics at the end of the description). If you cannot see a condition report on the website, please click the “Ask a question” button beside the lot to request one.      

CONTACT:
General enquiries, condition reports and telephone bids: info@forumauctions.co.uk | +44 (0) 20 7871 2640 
Online bidding enquiries: live@dreweatts.com | + 44 (0) 1635 553 553
Commission bids may be placed via your online bidding account.  

PAYMENTS:
Once the auction has concluded, you will receive an invoice by email from Forum Auctions.  For details on payment methods, please see here: Make a Payment

Where auctions finish late in the afternoon or evening, invoices may be sent out the next working day.   

It is our policy not to accept third party payments. The name of the bank account or card holder should match the name of the buyer.   

CUSTOMER DUE DILIGENCE CHECKS:
In order to comply with current Money Laundering Regulations, it is our policy to conduct appropriate Know Your Client checks on any buyers who transact at the threshold of £8,000 or more. Buyers will be required to provide the following information: 

  1. For individuals, official photo identification (a government issued ID document such as passport or driver’s licence) and a proof of address (utility bill, bank statement or driver’s licence).
  2. For legal entities, a certificate of incorporation (or equivalent), a register of shareholders/directors and ID documentation from the directors and beneficial owners of the business.

We reserve the right to withhold the purchased lots until such checks have been completed.   

PACKING & SHIPPING:
Please refer to the details on the Forum Auctions website for Packing & Shipping information: Packing and Shipping 

EXPORT OF ITEMS:
Prospective buyers are advised to familiarise themselves with the lot symbols and export and import restrictions applicable to a lot prior to bidding. It is the buyer's responsibility to obtain all permits and licences necessary to export lots lawfully from the UK and import into their country. We will not be able to cancel your purchase if your lot may not be exported, imported or it is seized for any reason by a government authority. We are happy to assist with the submission of necessary applications on behalf of our buyers, but we will charge for this service only to cover the costs of our time. 

BIDDING INCREMENTS FOR LIVE ONLINE AUCTIONS:
The bidding increments for this auction are listed below.

From

To

Increment

0

£100

£5

£100

£200

£10

£200

£500

£20

£500

£1,000

£50

£1,000

£2,000

£100

£2,000

£5,000

£200

£5,000

£10,000

£500

£10,000

£20,000

£1,000

£20,000

£50,000

£2,000

£50,000

onwards

£5,000

 

PAINTINGS: GLOSSARY OF TERMS: 

Paul Henry: ln our opinion a work by the artist. 

Attributed to Paul Henry: ln our opinion a work of the period, which may be in the whole, or in part, the work of the artist.  

Studio of Paul Henry: ln our opinion a work by an unknown hand, which may have been executed in the studio of the artist. 

Circle of Paul Henry: ln our opinion a work from the period of the artist and showing his influence. 

Follower of Paul Henry: ln our opinion a work executed in the style of the artist, but not necessarily by a pupil. 

Manner of Paul Henry: ln our opinion a work executed in the style of the artist, but at a later date. 

After Paul Henry: ln our opinion a copy of any date after a work by the artist 

Signed / Inscribed / Dated Paul Henry: ln our opinion the work has been signed /inscribed / dated by the artist. 

Bears signature / inscription /date of Paul Henry: ln our opinion the signature / inscription /date are probably not by the hand of the artist. 

act. – active
fl. – flourished
wk. – worked
b. – born
p. – plate size
d. – died
s. – sight size

Condition is not specified within the catalogue descriptions; please request a condition report for further advice. 

Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so. 

Please note that all pictures are framed unless otherwise stated. 

LOT DESCRIPTION SYMBOLS GLOSSARY:

λ - Indicates that this lot may be subject to Artist’s Resale Right (Droit de Suite) royalty charges.

Y - Indicates that this lot may be subject to CITES regulations when exported.

 - Indicates that VAT is payable by the purchaser at the standard rate of 20% on the hammer price as well as being charged on the buyer’s premium.

Ɵ - Indicates that the lot is a zero rated item and therefore subject to buyer’s premium of 26% exclusive of VAT (0% VAT). 

 - Indicates that the lot is being sold whilst subject to temporary importation and that import VAT at the reduced rate (currently 5%) calculated on the hammer price is due.  

Ω - Indicates that the lot has been imported from outside the UK and that import VAT at the standard rate (currently 20%) calculated on the hammer price (inclusive of any applicable duty) is due. 

β - Indicates that the lot is offered in Bond. This applies to wine. Bidding will be at duty paid prices other than for those lots marked ‘IN BOND/β’.   

Please see our Symbols Glossary and Terms & Conditions for more information.