Important Notice

All lots for sale are featured in this auction catalogue.

The number listed next to each image is the lot number and should be used as a reference during bidding or for any information requests. The lots in this sale may be viewed through any of the following:

Please see the Sale Guide for more information on the previews and viewings

2. The online Auction Catalogue
All lots are featured on the website. You may search for lots by lot number and keyword

3. The mobile Auction Catalogue
A downloadable software application for mobile devices, which will include abbreviated information on each lot.

4. All lots are published in the printed auction catalogue. You can order this catalogue by calling Collectibles Antiques at +91 (0) 22 2436 4113 or emailing us at [email protected]
India: Rs. 2000 (inclusive of shipping and handling charges)
International: US $ 50 (inclusive of shipping and handling charges)

Price Estimates

Each lot has a price range listed. These estimates are provided only as a guide for buyers. You may check the comparable prices of similar works of art through a link, called ‘comparables’ which is listed next to each lot in the online catalogue. Please note that the estimates for individual lots have been ‘rounded off’ for ease of reference and do not necessarily reflect the exact exchange rate used for bid calculations. Price estimates for each lot are prepared well in advance of the sale and may be subject to revision. Estimates do not include the buyer’s premium or any applicable additional charges such as shipping, insurance and taxes.

How to Bid

Registering to Bid

All bidders, whether submitting written bids or online proxy bids, in the saleroom, or over the phone, are strongly encouraged to pre-register online on the Saffronart website in advance of the auction date, to ensure there is sufficient time to process your registration.

Online Registration

If you already have a Saffronart website login id and password, you will still have to pre-register for each auction using your existing login id, and accept the Conditions for Sale for that auction. In order to pre-register, fill out the pre-registration form online or call Collectibles Antiques. Once you pre-register and accept the conditions for sale, a Collectibles Antiques representative may call to verify your details and request additional information prior to giving you bidding access. In the event the Collectibles Antiques representative cannot reach you on the phone, an email will sent to you, asking for additional information and providing you with phone numbers to get in touch with Collectibles Antiques. Please note that if we do not receive your response to the additional information request, bidding access may not be available. Please also note that the verification process might take time and bidders are advised to pre-register at least 24 hours prior to the start of the auction so that bidding access is available at the start of the auction.

Once your pre-registration has been accepted you will be sent an email confirming your bidding authorization along with your login ID and password.

Registration at the Auction

On the day of the auction, bidders can also register up to an hour prior to the start of the auction at the registration desk in the saleroom. Bidders must have a proof of identity and address. We may also require credit card authorisation, bank details such as a recent bank statements and/or a letter of reference from your bank, and/or trade references to grant bidding access. Once approved, you will be assigned a paddle number for room bidding, as well as a Saffronart login id and password for online access.

Bidding Limits

Bidding access shall be given at Collectibles Antiques' discretion and Collectibles Antiques may set limits on bidders and/or require payment guarantees or deposits prior to giving bidding access. You will be informed of the limits if any and will not be allowed to bid further if your bidding limit is exhausted. If you are informed of limits, please feel free to request additional information or assistance if you are unclear.

The auctioneer accepts bids from the room, from phone bidders, based on written bids submitted in advance of the auction and from online bidders. The auctioneer may also place bids on behalf of the seller up to the amount of the reserve. These bids will not be specifically identified as placed on behalf of the seller.

Bidding in the Room

All approved bidders, including those who have registered online, will be handed a paddle to bid in the auction. Please bring a proof of identity to collect your paddle.

Bidding Online

You may view and hear the auction on your PC or Mac with our real-time online video feed from the auction room. Online bidders may place a bid by clicking on the “Bid Now” button when their lot of interest is open for bidding. If their bid is accepted by the auctioneer, their bid will be recorded.

Please note the following differences when bidding online in this auction (a Live Auction) versus  Online Auctions:

• Bidding on lots is sequential i.e., at any given time a single lot is open for bidding. When that lot is closed by the auctioneer in the room, bidding will be opened on the next lot by the auctioneer.

• A bid is not recorded until the auctioneer in the auction room accepts the bid.

• Proxy bids may not be placed online after the auction begins. Please see below for how to enter a written bid or an online proxy bid in advance of the auction.

• Bid histories are not available in Live Auctions.

• Mobile applications for the iPad, iPhone and Blackberry may be used to view the Live Auction catalogue, but may not be used for bidding.

Submitting Online Proxy or Written Bids Before the Auction

Bidders can place a proxy bid online well in advance of the auction, once the catalogue is live. A proxy bid indicates a maximum bid amount, and authorises the auctioneer to place bids on your behalf. To place a proxy bid online, hit the “Place Advance Bid” button next to the lot you wish to bid on, and enter the proxy amount. Collectibles Antiques shall not be responsible for any delay or failure to record a proxy bid. Collectibles Antiques will stop accepting proxy bids online 12 hours prior to the start of the auction.

Telephone Bids

As an approved bidder, you may also bid via the telephone by contacting any of the Collectibles Antiques locations in the Sale Guide. The number of telephone lines available for telephone bidding may be limited, hence interested bidders are urged to register at least a day before the auction. This facility will be granted solely at Collectibles Antiques’ discretion. Please note that telephone bids are accepted and recorded at Collectibles Antiques’ discretion.

Bid Cancellation

No bid may be cancelled by a bidder. Collectibles Antiques  reserves the right to cancel a bid at its discretion if it considers it necessary to do so in order to protect the efficacy of the bidding process.

Bid Increments

Any new bid will normally be greater than the current highest bid by a minimum increment, which applies to each bid value. The next valid bid amount is the current highest bid plus the minimum increment value. This minimum increment is called out by the auctioneer and also determines the next valid bid for online bidders.

The auctioneer may from time to time allow a bid in the room at a lower or higher increment than the minimum increment. Online bids however, are accepted only at the next valid bid based on the minimum increment.

Reserve Price

All lots in the auctions are subject to a reserve price, which is confidential. The reserve price is the minimum price that the lot may be sold for. No lot will be sold below its reserve price and the reserve price will not exceed the low price estimate (see the price estimate section for more information). Reserve prices will not be disclosed.

Opening Bid

Bidding on all lots begins at the opening bid value. The opening bid is the value at which the auction house starts the bidding on a particular lot.

Winning Bids

The final bid announced by the auctioneer is considered a winning bid, only if the bid equals or exceeds the reserve price. If the final bid on a particular lot is below the reserve price, it will not be considered a winning bid and the lot will be deemed unsold.

Tracking Bids Online

The current bid and next valid bid shall be accurate at the time of updating of those values from the auction room, provided however that such information shall not reflect any changes that may have occurred during the time taken for this information to reach the bidder’s computer over the Internet. Due to the nature of internet traffic, there is an unpredictable time-lag between a bidder placing a bid, and that bid being received by Collectibles Antiques. As a result, a user may have placed his/her bid prior to the lot being closed by the auctioneer in the saleroom, but the bid is received by Collectibles Antiques after the closing of that lot - and would therefore be rejected. An online bid from a bidder will be prioritized against other online bids at the same bid level in chronological order with the earliest bid received by Collectibles Antiques being considered for acceptance by the auctioneer. Please note that the auctioneer has complete discretion on whether to accept an online bid or a room or telephone or written bid at any given time.

Currency of Bidding

All bids in this auction must be placed in Indian Rupees (INR).

Condition of Lots

All lots will be shipped out in an ‘as is’ condition meaning that the item is sold with all existing faults and imperfections. Collectibles Antiques encourages all potential buyers to inspect each item carefully before bidding and to not rely on an illustration of any item given in the catalogue. Condition reports for all lots are available upon request by email, fax, or telephone.

Buyer’s Premium

Collectibles Antiques charges the buyer a premium on the winning bid value. The buyer’s premium is calculated at 20% of the winning bid value on each lot up to and including INR 3,00,00,000/-, 15% of the winning bid value in excess of INR 3,00,00,000/- up to and including INR 6,00,00,000/- and 12% of the winning bid value in excess of INR 6,00,00,000.

As an example: For a winning bid value of INR 3,00,00,000, the buyer’s premium applicable will be INR 60,00,000; for a winning bid value for INR 6,00,00,000, the buyer’s premium applicable will be INR 1,05,00,000—calculated as INR 60,00,000 (20% of INR 3,00,00,000) plus INR 45,00,000 (15% of INR 3,00,00,000); for a winning bid value of 7,00,00,000, the buyer’s premium applicable will be INR 1,17,00,000—calculated as INR 60,00,000 (20% of INR 3,00,00,000) plus INR 45,00,000 (15% of INR 3,00,00,000) plus INR 12,00,000 (12% of 1,00,00,000).

Completing the Purchase

If you win a bid, you will be sent an email after the close of the auction, which will contain an invoice for the winning bid and an invoice for the Buyer’s Premium (with payment options specified). You may review acceptable modes of payment described in the section below. If you are the winning bidder, you are legally bound to purchase the item from Collectibles Antiques. Please note that purchases will not be shipped out until payment has been received and cleared

Invoicing

Bidders are required to provide all invoicing details to Collectibles Antiques prior to the sale at the time registering for the auction as no invoices will be changed after the sale and the bidder as registered with Collectibles Antiques will be invoiced. Bidder will be invoiced based on details provided at the time for registering for the Auction which has to be and will be a valid invoicing address within the territory of India. The invoicing details of all Bidders should mandatorily specify an address within the territory of India where the shipment of the Antiquity has to be delivered. After the sale, the Buyer as invoiced is required to pay the amounts in full (including the additional charges) in INR, the lawful currency of India and in no other currency. No shipment or delivery will be made if this amount is not received along with proper documentation, duly completed, signed and registered as per applicable law. No payments will be accepted from any other parties other than the Buyer mentioned on the invoices.

Shipping and Insurance

Price estimates do not include any packing, insurance, shipping or handling charges, all of which will be borne by the buyer. Shipping will be charged on courier rates and are determined by the value, origin and destination of the package.

Origin of Shipments

Please note that all lots in the auction will be shipped to the buyer from Mumbai.

Duties & Taxes

All duties and taxes, wherever applicable, shall be borne by the buyer.

Deliveries/ Collection of Purchases

Purchases are typically shipped within 90 days from the date of the receipt of the full payment (as described in Clause 2.15 of Conditions of Sales) and of the transfer papers duly signed by the Buyer. Purchases are insured under the terms of Collectibles Antiques insurance policy. However, the transfer/ delivery of ownership along with registration is a regulatory process administered by the Archaeological Survey of India and may take longer than the envisaged period of 90 days. If there is an expected delay in dispatch, the buyer will be informed of the delay via email, unless the buyer has indicated an alternative preferred mode of communication. If the Buyer wants to appoint a logistics agent (on their behalf) for shipment then the documentation supporting the shipment will be generated by are typically shipped. Collectible Antiques shall not be responsible for any damage to the Antiquity in case of shipment being handled by the Buyer himself. If the documentation is not completed to the specified requirements then the Buyer will be liable for any duties or taxes that might be levied by the authorities on the transaction.

Buyers may choose to collect their purchases from the Collectibles Antiques office in Mumbai. In such cases, buyers are requested to make an appointment to collect purchases within 90 business days of completion of all payments and documentation formalities.

Buyers will be required to complete payment within a period of 7 business days from the receipt of the invoice via email.

Payments may be made in INR only.

Cheque/Demand Draft to be made in favour of:

Collectibles Antiques (India) Private Limited Payable at: Mumbai

Please send the draft/cheque to the address below:

Collectibles Antiques (India) Private Limited

Industry Manor, 3rd Floor
Prabhadevi
Mumbai 400 025
India

Wire Transfer:
Details available upon request.

The Buyer shall ensure that all payment formalities are completed within seven business days of the receipt of the invoice. In case payment is not received within such period, this shall be treated as a breach of contract and Collectible Antiques may take any steps (including the institution of legal proceedings), which appear to Collectibles Antiques to be appropriate to enforce payment by the Buyer. The Buyer will also be charged demurrage @ 1% per month on the value of the lots.

Pursuant to the ownership along with registration of the Antiquity being transferred from Collectibles Antiques to the Buyer in accordance with the provisions of the Antiquities Act and Rules, if the Buyer informs Collectibles Antiques that he wishes to collect the Antiquity from Collectibles Antiques in person and such Antiquity is not collected by the Buyer within 30 days of the registration formalities being completed, Collectibles Antiques shall arrange for storage of the Antiquity at the Buyer's expense, and shall only release the Antiquity after payment has been made, in full, of the demurrage @ 1% of the total value (sum of Winning Bid and Buyer's Premium) per month (if applicable) and the charges for storage of the Antiquity, if any.

All purchases from this sale are final. In the unlikely event of your receiving a damaged product, please notify Collectibles Antiques directly within five days of receipt of the lot. Please call us at +91 (0) 22 2432 2898, to report the damage or send a fax to +91 (0) 22 2432 1187 or email us at [email protected].

If Collectibles Antiques does not receive any notification within 7 business days of delivery, it shall be assumed that the lot has been received in good condition, and no claims will be entertained.

Participate in our next auction

If you are interested in consigning works from your collection to our next sale, please contact us at [email protected]  or at the auction help desk +91 (0) 22 2432 2898.

If you would like to stay informed Collectibles Antiques' upcoming events, please register with us online at www.saffronart.com.