The Casa Auction: Tercero

September 26, 2020 2:00 PM PST
Live Auction

221 Lots

  1. 1
  2. 2
  3. 3
  4. 4

Casa de Memoria

Location: Paranaque City, Philippines

Phone: +632 8253-3994

Payment

Accepted Forms of Payment: Personal Check, Wire Transfer

Shipping

Article XIII: Packing and Handling of Lots


a. The packing and handling of the purchased Lots shall be at the buyer's risk. CDM shall in no way be liable for any acts or omissions of third party packers or shippers, regardless of whether these third party packers or shippers were recommended by CDM upon the buyer's request.

b. CDM may coordinate delivery of the purchased Lots to preferred location at the buyer's expense and risk. The Lots will only be released per payment in full of all removal, storage, handling, insurance costs and any other expenses incurred, together with payment of all other amounts due to CDM.

c. Buyers shall secure the necessary insurance policies for their purchased Lots and pay the applicable insurance premiums thereon.

d. Buyers shall be solely responsible for obtaining any necessary export, import, national heritage, or other permits for their Lots, including but not limited to those issued by the National Museum. CDM and the sellers make no representations or warranties as to whether any Lot is subject to import/export restrictions or embargoes. Moreover, CDM and the sellers do not warrant that buyers will be able to secure the necessary permits for their Lots. The denial of any relevant permit or license shall not be a valid ground for the cancellation or rescission of the sale or any delay in payment.

e. Any other taxes or fees that may arise in relation to the purchase of a Lot shall be for the sole account of the buyer.

Casa de Memoria ushers in Tercero, its third main auction for the year featuring unique pieces that complement the design and look of every living space. With items hailing from Europe and the Philippines, the Casa provides a safe and convenient auction experience that allows art enthusiasts to rediscover the thrill of bidding and collecting masterpieces perfect for creating a distinct look and ambiance for their living spaces.
Buyer's Premium
₱0+: 17.0%
Bid Increments
From: To: Increments:
PHP 0 PHP 9,999 PHP 1,000
PHP 10,000 PHP 19,999 PHP 2,000
PHP 20,000 PHP 99,999 PHP 5,000
PHP 100,000 PHP 299,999 PHP 10,000
PHP 300,000 PHP 999,999 PHP 20,000
PHP 1,000,000 PHP 1,999,999 PHP 50,000
PHP 2,000,000 + PHP 100,000

Conditions of Sale

Payment Terms: Article XI: Payment


a. In addition to the hammer price of the Lot, CDM shall collect from the buyer a premium (the "Buyer's Premium"). The Buyer's Premium shall be seventeen percent (17%) of the hammer price. No Value-Added Tax (VAT) will be charged on the hammer price, but twelve percent (12%) VAT will be added to the Buyer's Premium. The buyer shall shoulder the payment of the VAT on the Buyer's Premium. CDM reserves the right to revise these rates and/or announce special premiums at any time. A portion CDM's buyer's premium will be donated to CDM's foundation of choice.

b. The buyer shall pay the full amount due (i.e., hammer price, buyer's premium and any applicable fees, taxes and charges) in cleared funds not later than five (5) business days after the date of the auction (the "Full Purchase Price"). Unless prior written arrangements have been made, the Full Purchase Price shall be paid in Philippine Pesos (or converted to Philippine Pesos based on the conversion rate at the time of payment). The buyer shall be solely responsible for any currency conversion charges and wire transfer fees.

c. Unless prior written arrangements have been made, payment shall be made in Philippine Pesos. CDM shall accept payments in cash, credit card, bank transfer, or checks. Checks should be made payable to Galeria Renascimento Commercial Enterprises Inc..

d. Payments by wire transfer should be directed to:

Checking Account of Galeria Renascimento Commercial Enterprises Inc. doing business under the name and style of Casa de Memoria under SA# 2753-0059-97.

Premium Clause: Article XI: Payment


a. In addition to the hammer price of the Lot, CDM shall collect from the buyer a premium (the "Buyer's Premium"). The Buyer's Premium shall be seventeen percent (17%) of the hammer price. No Value-Added Tax (VAT) will be charged on the hammer price, but twelve percent (12%) VAT will be added to the Buyer's Premium. The buyer shall shoulder the payment of the VAT on the Buyer's Premium. CDM reserves the right to revise these rates and/or announce special premiums at any time. A portion CDM's buyer's premium will be donated to CDM's foundation of choice.

Shipping Terms: Article XIII: Packing and Handling of Lots


a. The packing and handling of the purchased Lots shall be at the buyer's risk. CDM shall in no way be liable for any acts or omissions of third party packers or shippers, regardless of whether these third party packers or shippers were recommended by CDM upon the buyer's request.

b. CDM may coordinate delivery of the purchased Lots to preferred location at the buyer's expense and risk. The Lots will only be released per payment in full of all removal, storage, handling, insurance costs and any other expenses incurred, together with payment of all other amounts due to CDM.

c. Buyers shall secure the necessary insurance policies for their purchased Lots and pay the applicable insurance premiums thereon.

d. Buyers shall be solely responsible for obtaining any necessary export, import, national heritage, or other permits for their Lots, including but not limited to those issued by the National Museum. CDM and the sellers make no representations or warranties as to whether any Lot is subject to import/export restrictions or embargoes. Moreover, CDM and the sellers do not warrant that buyers will be able to secure the necessary permits for their Lots. The denial of any relevant permit or license shall not be a valid ground for the cancellation or rescission of the sale or any delay in payment.

e. Any other taxes or fees that may arise in relation to the purchase of a Lot shall be for the sole account of the buyer.

VAT Clause: Article XI: Payment


a. In addition to the hammer price of the Lot, CDM shall collect from the buyer a premium (the "Buyer's Premium"). The Buyer's Premium shall be seventeen percent (17%) of the hammer price. No Value-Added Tax (VAT) will be charged on the hammer price, but twelve percent (12%) VAT will be added to the Buyer's Premium. The buyer shall shoulder the payment of the VAT on the Buyer's Premium. CDM reserves the right to revise these rates and/or announce special premiums at any time. A portion CDM's buyer's premium will be donated to CDM's foundation of choice.

Condition Terms: Article IV: Descriptions of Property

a. Statements made by CDM in the catalogue or website, in condition reports, or made orally or in writing elsewhere, are statements of opinion. Therefore, these statements cannot be construed or relied on as factual representations, implied or express warranties or assumptions of liability. CDM and the sellers shall not be liable in any way for errors or omissions in the catalogues or any supplemental material. Buyers have the duty to satisfy themselves about the condition of the Lots sold at auction and the matters referred to in the catalogue entries.

b. References in the catalogue entry or the condition report
to damage or restoration are for guidance only. These

references should be evaluated by personal inspection by the bidder or a knowledgeable representative.

c. The absence of any reference to the condition of a Lot does not imply that the Lot is in perfect condition or completely free from wear and tear, imperfections or the eects of aging. Similarly, a reference to particular defects does not imply the absence of others.

d. CDM and the sellers do not make any express or implied warranty or representation of any kind or nature with respect to the merchantability, quality or ?tness for certain purposes, the accuracy of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical signi?cance of any Lot sold.

e. In making express statements in its catalogue descriptions or condition reports, CDM shall exercise such reasonable care as is consistent with: (1) its role as auctioneer; (2) the information provided by the sellers; (3) scholarship and technical knowledge; and (4) expert opinions as of the date these expert opinions are made.