Page 6 - Astaguru Auction - Rare Book On Hindoosthan on 23 may 2018
P. 6

Team Astaguru                                                                                                          Buying at Astaguru

                                                                                                                                          Estimates                                        Buyers in India must pay for their purchase in INR and all other buyers must
                                                                                                                                           Estimates are based on an average market value of the lot.  pay in US$.
                                                                                                                                           These are provided only as a guide for buyers.
                                                                                                                                                                                          Closing and Winning Bid
                                                                                                                                           Buyers should not rely on estimates as a prediction of actual price.   Winning bid is the last and highest bid at which the lot has closed.
                                                                                                                                           Estimates do not include Auction House Margin.   No new bids can be placed after the close of a lot.
                                                                                                                                                                                           The closing bid is considered the winning bid only if the bid exceeds the
                                                                                                                                           The Reserve price is the minimum price at which the lot shall be sold.  reserve price.
                                                                                                                                                                                           All winning bids shall be posted on the website after the close of the
                                                                                                                                           The reserve price is confidential and will not be disclosed.
                                   VICKRAM SETHI          TUSHAR SETHI          DIGAMBER SETHI
                                     CHAIRMAN                 CEO                   COO                                                   Auction House Margin                            Bid Cancellation
                                                                                                                                           There will be a 15% Margin calculated on the hammer price at the close of
                                                                                                                                                                                           Once any bid has been placed, it cannot be cancelled.
                                                                                                                                           the auction.
                                                                                                                                                                                           AstaGuru reserves the right to cancel any bid in order to protect the efficacy
                                                                                                                                           For all lots taxes are payable on the final price which includes the Auction
                                                         Specialists                                                                       House Margin at the applicable rate, included in the invoice.  of the bidding process.
                                                                                                                                                                                          Auction House Margin
                                  CLIENT RELATIONS                    STRATEGY            ADMINISTRATOR                                                                                    In addition to the hammer price, the buyer agrees to pay AstaGuru the
                                                                                                                                          Pre –Registration and Verification.
                                                                                                                                           Prospective buyers should be registered and verified in order to bid.
                                                                                                                                           If you have registered before, you do not need to pre-register, your bidding  After the Sale
                                                                                                                                           account is active (Use your previous Login Id).   If you have won a lot you shall be informed via email after the auction
                                                                                                                                           Fill the form online in order to pre-register, or call AstaGuru.  has closed.
                                                                                                                                           Once you have pre-registered a representative will call you to verify your   You shall there after receive an email stating hammer price & Buyer’s
                                                                                                                                           details.                                        Premium along with the related taxes.
                                                                                                                                                                                           If you are the winning bidder, you are legally bound to purchase the item
                                                                                                                                           If the representative cannot reach you, an email will be sent.
                                                                                                                                                                                           from AstaGuru. Please note, that purchases will not be shipped out until full
                                                                                                                                           Please note that if this process has not taken place you shall not be given  payment has been received and cleared.
                                                                                                                                           bidding access.
                                          In case AstaGuru deems that it has not been provided with satisfactory  Invoicing
                                                                                                                                           information to give access for bidding, it will request a deposit of INR   All details for the invoice are to be provided prior to the auction.
                                                                       EDITOR                CONTENT                                       5,00,000/- or the US$ equivalent in order to give bidding access.   After the auction, the buyer as invoiced is required to pay the amounts in full
                                                                                                                                  reserves the right to give bidding access and can refuse  (including the additional charges).
                                                                                                                                           bidding access as well.                         No lot shall be sent without payment being made in full.
                                                                                                                                           All registrations should take place 24 hours before the auction.
                                                                                                                                                                                          Shipping and Insurance
                                                                                                                                           Once your registration and verification is completed you shall receive an
                                                                                                                                                                                           Price estimates do not include any packing, insurance, shipping or handling
                                                                                                                                           email confirming your bidding access along with your Login Id and
                                                                                                                                                                                           charges, all of which will be borne by the buyer.
                                                                                                                                                                                           Shipping will be charged on courier rates and are determined by the size,
                                                                                                                                          Absentee Bids                                    weight and destination of the package.
                                                                                                                                           You may place an absentee bid, by faxing the written bid form available
                                                                                                                                                                                          Duties & Taxes
                                                                                                                                           online and in the printed catalogue. You may also place proxy bids online.
                                                                                                                                                                                           All duties and taxes shall be borne by the buyer.
                        RAZIA PARVEEN         TAHMINA LAKHANI      SIDHANT NAYANGARA     RAKSHANDA HUSSAIN                                 All bids must come in 24 hours before the auction.
                                                                            Sale in India
                                                                                                                                          Opening Bid
                                                                                                                                                                                           All sales in India shall attract GST of 12% .
                                               MARKETING           PUBLIC RELATIONS          LOGISTICS                                     OpeningBidisthevalueatwhichtheauctionhousestartsthebiddingofeachlot.
                                                                                                                                           Opening bid is 20% lower than value of the lower estimate.  International sales
                                                                                                                                                                                           There shall be no GST levied on International sales.
                                                                                                                                          Bidding Online
                                                                                                                                           Once you have identified the lot that you would like to bid on, click on ‘Bid  Payment
                                                                                                                                           Now’ to confirm your bid at the value listed.   Buyers will be required to complete payment within a period of 7 business
                                                                                                                                                                                           days from the receipt of the invoice via email.
                                                                                                                                           This is where you participate in the bidding process, by entering the next
                                                                                                                                           valid bid each time you are out-bid.            Any delay in payment will be liable for a 2% interest charged per month and
                                                                                                                                                                                           a storage charge of 2% per month.
                                                                                                                                           The next valid bid will be at a 10% increment in value of the last valid bid.
                                                                                                                                           Above Rs. 1,00,00,000/- or equivalent US$ bid increment will be at 5%.  Delivery / collection of purchase
                                                                                                                                           All lots have bid history available to be viewed.   Works will be shipped within 7 days of the payment being cleared.
                        ANKITA TALREJA         ABHAY MENON          AARTI AGGARWAL         KARTHIK LYNCH
                                      Bid Increments                                   Buyers may choose to collect their purchase from AstaGuru in Mumbai
                                                                                                                                                                                           within 7 days from the date of the sale.
                                                                                                                                           All bids will have an increment of 10% of the current valid bid. Above
                          RESEARCH           MARKET ANALYST        HUMAN RESOURCE                                                          Rs. 1,00,00,000/- or equivalent US$ bid increment will be at 5%.   Buyers who have completed payment formalities and have not taken
                                                                                                                                                                                           delivery of their art works from AstaGuru within 30 days of the completion of
                                                                                                                                          Personalized Bid Notifications                   paymentformalities,willbechargeddemurrage@2%permonthonthevalue
                                                                                                                                           By clicking on 'My Bid Summary', which is your personalized bid page, you  ofthe artworks.
                                                                                                                                           may choose how frequently you would like to be notified of a change on
                                                                                                                                           your bid status.                               Participate in our next auction
                                                                                                                                                                                           If you are interested in consigning works from your collection to our next
                                                                                                                                          Bid History                                      sale, please contact us at or at the auction help
                                                                                                                                           Bid history indicates the value recorded for each lot since the start of the  desk +91 22 2204 8139.
                                                                                                                                                                                           If you would like to stay informed of AstaGuru’s upcoming events, please
                                                                                                                                           Bid History will not be displayed once the auction has closed.  register with us online.
                        RADHIKA KERKAR        RUPESH KHANAA         SNEHAL PEDNEKAR                                                       Currency of Bidding
                                                       Bids can be placed in US Dollars (US$) or Indian Rupees (INR).
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