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Lot 586: GREGORIO DEL OLMO (1921 / 1977) "Kitchen corner"

Est: €3,150 EUR - €4,200 EURPassed
AnsorenaMadrid, SpainApril 09, 2021

Item Overview

Description

Signed in the lower left corner. On the back label of the Biosca Gallery in Madrid.

Dimensions

72 x 50 cm

Artist or Maker

Notes

CONTEMPORARY ENGRAVING

Payment & Shipping

Accepted forms of payment: Wire Transfer

Shipping

The lot´s winner is responsible of any cost regarding shipping, insurance customs duties, and documentation of the item. The auction house Ansorena is not responsible for any damage produced after the lot is shipped.

Buyers shall be responsible for organising the transport of the lots, in the event that they are unable to collect them personally, and any loss or damage that may occur during transport shall be the sole responsibility of the buyer and transport company selected by the buyer.

In this regard, please note that Ansorena does not intervene in any way in the shipping process of your purchased lots and is not responsible, therefore, for any damage that may arise from it. Consequently, the lots are at your disposal at the headquarters of this Auction House, at Calle Alcalá, Nº 52 or at our warehouse, (by prior appointment) so that you can agree with the transport company of your choice the conditions of shipment of the lots.

We also inform you that, if you so wish, you have the possibility of taking out an insurance contract with the transport company you have designated to insure the contents of the consignment in the event of any loss occurring during the transport of the lots.




EXPORT PERMITS AND LICENSES

The majority of the lots included in the auction require the express prior authorisation of the State Administration in order to leave Spanish territory.
The client will be responsible for obtaining any such permits, and the fact that they are not granted or any delay in obtaining them shall not under any circumstances exempt the client from paying for the work.

The majority of the works are subject to the payment of export taxes, which shall be paid by the buyer. Any works sent to EU countries shall be exempt from the taxes in question.

The lots which have already been granted such authorisation, are exportable in accordance with Act 16/85 and its enabling legislation, or are covered by temporary import regulations are marked with an asterisk next to the lot number.

If any authorisation is requested, the Auction Room hereby advises its clients that any such request shall for all purposes represent an irrevocable offer of sale in favour of the Spanish State.

PREVENTION OF MONEY LAUNDERING ACT 10/210

Ansorena shall be bound to comply with the provisions of Act 10/2010 and, in particular, with regard to persons with public responsibility (in other words, those who hold or have held prominent public functions in Spanish state, regional or local government, senior management positions in trade union or business organisations of political parties and/or have a close family or business relationship with any of them). Acceptance by the buyer and/or seller of Ansorena's terms and conditions of contract represents an express declaration by the buyer and/or seller that he/she is not a person with public responsibility according to the provisions of the Act; if this is not the case, he/she shall be bound to provide Ansorena with verifiable notification in this regard.

DATA PROTECTION ACT

In accordance with the Personal Data Protection Act 15/1999 and its enabling legislation (Royal Decree 1720/2007), you are hereby informed that the data you provide will be included in the Clients and Contacts database of Ansorena, S.A. and Mato Ansorena, S.A., which is used and processed internally for administrative and accounting operations, as well as for carrying out commercial and informative activities in relation to our auctions and exhibitions, sending out catalogues, confirmation of bids and the offer and sale of our products.

In accordance with current legislation you have the right at any time to object to the sending of commercial communications, and to exercise the rights of access, objection, rectification or cancellation of your personal data, except with regard to the Prevention of Money Laundering and Terrorist Financing Act 10/210. In order to do this, you will need to send a written request, providing supporting legal documentation such as a photocopy of your ID document, to:

info@ansorena.com o a Ansorena S.A., C/ Alcalá, 52- 28014 MADRID-, under reference "Data Protection".

WAREHOUSING AND TRANSPORT RATES

No delivery on site.

The items will be kept free of charge for 45 days. Thereafter the purchaser will be charged storage and inssuranse costs.

Ansorena could assist the client informing about local reputed shipping companies, however, the decision of the selection of transport company will be of the client excluding Ansorena of responsability.

Auction Details

Paintings & Decorative Arts

by
Ansorena
April 09, 2021, 06:00 PM CET

Calle de Alcalá, 52, Madrid, 28014, ES

Terms

Live bidding may start higher or lower

Buyer's Premium

€0 - 4,999:27.0%
€5,000 - 9,999:27.0%
€10,000 - 14,999:27.0%
€15,000 - 19,999:27.0%
€20,000+:27.0%

Bidding Increments

From:To:Increment:
€0€99€5
€100€199€10
€200€499€20
€500€999€50
€1,000€1,999€100
€2,000€4,999€200
€5,000€9,999€500
€10,000€19,999€1,000
€20,000€49,999€2,000
€50,000€99,999€5,000
€100,000€199,999€10,000
€200,000€499,999€20,000
€500,000+€50,000

Conditions of Sale

Ansorena offers a fix commission and premium for its internet and online bidders as per below :

AUCTION HOUSE'S COMMISSION

The sale price of any lot will be increased by 22 % due to the House's rights or commission for its mediation in the operation (VAT included).

Live-bidding customers will pay an extra 5% taken from the Hammer Price.

Buyers from countries of the European Union are subject to Spanish VAT.

The amount payable by the winning bidder or buyer shall be the fees charged by the Auction Room for its brokerage in the transaction. Any costs relating to advice, packaging, transport or storage of the items and works shall be paid to the Auction Room by the winning bidder or buyer independently.

Exempted from these rules are only dealers from EU-countries, who are entitled, under their notification of their VAT ID-Number, to buy based on VAT-free delivery within the European Union. Notification of VAT ID-Numbers must be given to the auctioneer before the sale.

For buyers from non-EU-countries the tiered premium will be levied. VAT will be exempted or refunded on production of evidence of exportation within 4 weeks of the auction, or, if appropriate, importation to another country. The absence of legal valid evidence will exclude VAT exemption.

. Online Auctions

By virtue of the provisions of Article 103.k) of the aforementioned Spanish Royal Legislative Decree 1/2007, the right of withdrawal is not applicable, since this article states that "The right of withdrawal shall not be applicable to contracts that refer to [...] K)Contracts concluded by means of public auctions".

The sale of ANSORENA's objects art jewellery watcha that is carried out online, but through the holding of a public auction to which any third party may have access, the consumers' right of withdrawal will not be applicable in accordance with the law, Royal Decree 1/2007, and therefore they will not have the right to return the auctioned piece without giving any reason within the 14-day period established by current regulations. The client or consumer when bidding declares to know, accept and give conformity to the characteristics and qualities of the works exposed in photographs, catalogs and physical exhibition previous and during the celebration of the referred auction, since in this case he will not be able to allege right of dropping of or differences of qualities and characteristics of the work.


Payment

METHOD OF PAYMENT AND REMOVAL OF THE ACQUIRED ITEMS

The acquired items shall be paid for by the winning bidder or buyer within a maximum period of 7 business days from the auction date. Once this 7 day period has elapsed, any damage which may be caused to the items or works sold shall be the sole responsibility of the winning bidder or buyer, unless it has been expressly agreed that specific insurance will be taken out through Ansorena.
Payment shall be made in Euros by banker's draft or bank transfer, at no cost to Ansorena, to any of the following accounts:

BANCO SABADELL: IBAN ES32 0081 0658 1200 0118 9925

Or:

BANCO SANTANDER: IBAN ES58 0030 1001 3000 0982 4271.

If payment should be made in a currency other than the euro, and this has been accepted by Ansorena, the exchange rate on the day on which payment is made will be applied. If payment is made from overseas, it must be by bank transfer in euros and at no cost to Ansorena.

Cash will not be accepted for payments equal or over €2,500. As far as the amounts and accepted methods of payment are concerned, Ansorena shall be governed by the provisions of applicable legislation and, in particular, by Act 7/2012, of 29 October, or any other which may replace it.

Shipping

The lot´s winner is responsible of any cost regarding shipping, insurance customs duties, and documentation of the item. The auction house Ansorena is not responsible for any damage produced after the lot is shipped.

Buyers shall be responsible for organising the transport of the lots, in the event that they are unable to collect them personally, and any loss or damage that may occur during transport shall be the sole responsibility of the buyer and transport company selected by the buyer.

In this regard, please note that Ansorena does not intervene in any way in the shipping process of your purchased lots and is not responsible, therefore, for any damage that may arise from it. Consequently, the lots are at your disposal at the headquarters of this Auction House, at Calle Alcalá, Nº 52 or at our warehouse, (by prior appointment) so that you can agree with the transport company of your choice the conditions of shipment of the lots.

We also inform you that, if you so wish, you have the possibility of taking out an insurance contract with the transport company you have designated to insure the contents of the consignment in the event of any loss occurring during the transport of the lots.




EXPORT PERMITS AND LICENSES

The majority of the lots included in the auction require the express prior authorisation of the State Administration in order to leave Spanish territory.
The client will be responsible for obtaining any such permits, and the fact that they are not granted or any delay in obtaining them shall not under any circumstances exempt the client from paying for the work.

The majority of the works are subject to the payment of export taxes, which shall be paid by the buyer. Any works sent to EU countries shall be exempt from the taxes in question.

The lots which have already been granted such authorisation, are exportable in accordance with Act 16/85 and its enabling legislation, or are covered by temporary import regulations are marked with an asterisk next to the lot number.

If any authorisation is requested, the Auction Room hereby advises its clients that any such request shall for all purposes represent an irrevocable offer of sale in favour of the Spanish State.

PREVENTION OF MONEY LAUNDERING ACT 10/210

Ansorena shall be bound to comply with the provisions of Act 10/2010 and, in particular, with regard to persons with public responsibility (in other words, those who hold or have held prominent public functions in Spanish state, regional or local government, senior management positions in trade union or business organisations of political parties and/or have a close family or business relationship with any of them). Acceptance by the buyer and/or seller of Ansorena's terms and conditions of contract represents an express declaration by the buyer and/or seller that he/she is not a person with public responsibility according to the provisions of the Act; if this is not the case, he/she shall be bound to provide Ansorena with verifiable notification in this regard.

DATA PROTECTION ACT

In accordance with the Personal Data Protection Act 15/1999 and its enabling legislation (Royal Decree 1720/2007), you are hereby informed that the data you provide will be included in the Clients and Contacts database of Ansorena, S.A. and Mato Ansorena, S.A., which is used and processed internally for administrative and accounting operations, as well as for carrying out commercial and informative activities in relation to our auctions and exhibitions, sending out catalogues, confirmation of bids and the offer and sale of our products.

In accordance with current legislation you have the right at any time to object to the sending of commercial communications, and to exercise the rights of access, objection, rectification or cancellation of your personal data, except with regard to the Prevention of Money Laundering and Terrorist Financing Act 10/210. In order to do this, you will need to send a written request, providing supporting legal documentation such as a photocopy of your ID document, to:

info@ansorena.com o a Ansorena S.A., C/ Alcalá, 52- 28014 MADRID-, under reference "Data Protection".

WAREHOUSING AND TRANSPORT RATES

No delivery on site.

The items will be kept free of charge for 45 days. Thereafter the purchaser will be charged storage and inssuranse costs.

Ansorena could assist the client informing about local reputed shipping companies, however, the decision of the selection of transport company will be of the client excluding Ansorena of responsability.

Buyer´s premium

BUYER PREMIUM

Ansorena offers a fix commission and additional premium for its internet and online bidders as per below :

A fix premium of 22 % VAT included is calculated on the hammer price plus 5% live bidding fee will be applied.


Buyers from countries of the European Union are subject to Spanish VAT.