Strauss & co - 6 March 2017, Cape Town

Buying at Strauss & Co What is coming up for sale? Browsing through our richly illustrated and well researched catalogues is a great way to find out what is coming up for sale. These may be purchased individually from our offices, by subscription or viewed on our website: www.straussart.co.za Should you wish to subscribe to our catalogues, the Catalogue Subscription Form can be found at the back of this catalogue or on our website. Descriptions include basic information such as size, date or age, medium, type, attribution and quantity. Where pertinent, provenance, literature, exhibitions and additional notes are also included. Estimates are given for all lots and can be based on recent prices achieved at auction for comparable property, taking into account quality, condition, rarity and provenance. Estimates are exclusive of Buyer’s Premium and VAT and are subject to revision. The reserve is a confidential figure between Strauss & Co and the seller below which a lot may not be sold. It never exceeds the lower estimate. The auction preview occurs on the days prior to the auction, as listed at the front of the catalogue. You will have the opportunity to view, inspect and evaluate the property coming up for sale. Strauss & Co specialists are available at the preview to advise, discuss and help you with the lots you are interested in. Condition Reports are available on request and are advisable if you are unable to attend the preview. Saleroom notices amend the catalogue description of a lot after our catalogue has gone to press. They are posted in the preview halls and, where pertinent are announced by the auctioneer. Please take note of them. How do I Bid? There are three ways to participate in a Strauss & Co auction offering you flexibility whether you are able to attend an auction or not: 1) in the saleroom 2) by absentee written bids or 3) on the telephone These services are free of charge. Please read the guide below and if you still have questions, please refer to our Conditions of Business at the back of this catalogue or contact our Client Services Departments: Cape Town 021 683 6560 Johannesburg 011 728 8246. 1. In the saleroom Be a part of the excitement and drama of our auctions by attending the auction and bidding in the saleroom. Our auctions are open to the public, without any admission fee or obligation to bid. Please complete the registration form to obtain your paddle number. 2. Telephone Bidding Enables you to bid directly on the phone with a Strauss & Co member of staff in the room who will relay progress back to you and upon your instruction bid on your behalf. Telephone bids are offered for lots with a minimum low estimate of R10 000. Please arrange a telephone line at least 24 hours before the sale. Please see Bidding Form at the back of this catalogue or obtain one from our front counters and our website. 3. Written or Absentee Bids If you are unable to attend an auction and are not available for a telephone bid, please submit an absentee or written bid. This is your maximum bid on a lot. (The auctioneer will bid on your behalf up to your maximum bid in order to purchase the lot for you at the lowest price possible, obviously taking into account the reserve and other bids.) The auctioneer may bid on behalf of the seller up to the amount of the reserve by placing consecutive or responsive bids for a lot. Depending on the interest in the lot and assuming that your bid exceeds the reserve, you may well be successful in securing the lot at a lower figure. In the event of an identical bid, the one received first will take precedence. Please double check that you have left bids on the correct lots and insure that we receive your bids 24 hours before the sale. An sms will be sent the morning after the auction notifying you whether you have been successful or unsuccessful with your bids. If you do not receive the sms – please can you contact us after the sale to get your results. Do not forget that your final invoice will include buyer’s premium and VAT on the buyer’s premium on each of your successful lots. Registration In order to avoid queues and unnecessary delays, advance paddle registration is advised. Registrations forms will be available at the Front Counter throughout the preview and on the day of the sale. I MPORTANT NOTICE FOR ALL BIDDERS In accordance with the Consumer Protection Act 68 of 2008, prospective bidders are required to register before bidding. In order to register we require your full names, a copy of your identity document, proof of your physical address, postal address and telephone numbers. Prospective Bidders who have not previously registered with us are required to register at least 24 hours before the auction commences. We may require a R5 000 holding deposit. How do I Pay and Collect? All the lots you purchase will be invoiced to the name and address that appear on the registration form. Please arrange payment and collection immediately after the sale. How much will I pay? If you are successful, you will pay the hammer price plus the buyer’s premium on each lot as follows: 12% for lots selling over R10 000, 15% for lots selling at and below R10 000 + VAT on the buyer’s premium on each lot. Methods of payment Payment may be made by:– a) Electronic Transfer (EFT) b) Cheque (by prior arrangement) c) Credit cards acceptable to Strauss & Co: Mastercard, Visa and Diners Club d) Direct Cash deposit into our Current Account Strauss & Co Standard Bank: Killarney Bank code: 007205 Current Account No: 001670891 SBZA ZA JJ Payment and immediate collection will avoid delay, storage, shipping agent’s transport and insurance costs. 8