Page 5 - Astaguru Heirloom Jewellery & Silver Catalogue
P. 5

TEAM ASTAGURU                               BUYING AT ASTAGURU



           Estimates                                            Currency of Bidding
             Estimates are based on an average market value of the lot.    Bids can be placed in US Dollars (US$) or Indian Rupees (INR).
             These are provided only as a guide for buyers.       Buyers in India must pay for their purchase in INR and all other buyers must
                                                                 pay in US$.
             Buyers should not rely on estimates as a prediction of actual price.
             Estimates do not includeAuction House Margin.      Closing and Winning Bid
                                                                  Winning bid is the last and highest bid at which the lot has closed.
           Reserves
                                                                  No new bids can be placed after the close of a lot.
             The Reserve price is the minimum price at which the lot shall be sold.
                                                                  The closing bid is considered the winning bid only if the bid exceeds the
             The reserve price is confidential and will not be disclosed.
 VICKRAM SETHI  TUSHAR SETHI  DIGAMBER SETHI                     reserve price.
 CHAIRMAN  CEO  COO
           Auction House Margin                                   Allwinningbidsshallbepostedonthewebsiteafterthecloseoftheauction.
             There will be a 15% Margin calculated on the hammer price at the close of
            the auction.                                        Bid Cancellation
 SPECIALISTS                                                      Once any bid has been placed, it cannot be cancelled.
             For all lots taxes are payable on the final price which includes the Auction
 JEWELLERY SPECIALIST  STRATEGY  ADMINISTRATOR  House Margin at the applicable rate, included in the invoice.    AstaGuru reserves the right to cancel any bid in order to protect the
                                                                 efficacy of the bidding process.
           Bidding
           Pre –Registration and Verification.                  Auction House Margin
             Prospective buyers should be registered and verified in order to bid.    In addition to the hammer price, the buyer agrees to pay AstaGuru the Margin
             If you have registered before, you do not need to pre-register, your bidding  calculatedat15%ofthewinningbidvalue(hammerprice)oneachlot.
            account is active (Use your previous Login Id).
                                                                After the Sale
             Fill the form online in order to pre-register, or callAstaGuru.    Ifyouhavewonalotyoushallbeinformedviaemailaftertheauctionhasclosed.
             Onceyouhavepre-registeredarepresentativewillcallyoutoverifyyourdetails.    You shall there after receive an email stating hammer price & Auction
             If the representative cannot reach you, an email will be sent.  house margin along with the related taxes.
 JAY SAGAR  SIDDANTH SHETTY  ANTHONY DINIZ    Please note that if this process has not taken place you shall not be given    If you are the winning bidder, you are legally bound to purchase the item
 jay@astaguru.com  siddanth@astaguru.com  anthony@astaguru.com  bidding access.  from AstaGuru. Please note, that purchases will not be shipped out until
                                                                 full payment has been received and cleared.
             In case AstaGuru deems that it has not been provided with satisfactory
            information to give access for bidding, it will request a deposit of INR  Invoicing
 CLIENT RELATIONS
            5,00,000/- or the US$ equivalent in order to give bidding access.    All details for the invoice are to be provided prior to the auction.
             AstaGuru.com reserves the right to give bidding access and can refuse
                                                                  After the auction, the buyer as invoiced is required to pay the amounts in
            bidding access as well.                              full (including the additional charges).
             All registrations should take place 24 hours before the auction.
                                                                  No lot shall be sent without payment being made in full.
             Once your registration and verification is completed you shall receive an
                                                                Shipping and Insurance
            emailconfirmingyourbiddingaccessalongwithyourLoginIdandpassword.
                                                                  Price estimates do not include any packing, insurance, shipping or handling
           Absentee Bids                                         charges, all of which will be borne by the buyer.
             You may place an absentee bid, by faxing the written bid form available
                                                                  Shipping will be charged on courier rates and are determined by the size,
            online and in the printed catalogue.You may also place proxy bids online.  weight and destination of the package.
 SNEHA K GAUTAM  SUNNY CHANDIRAMANI  RAZIA PARVEEN  TAHMINA LAKHANI  RAKSHANDA HUSSAIN  ANKITATALREJA
             All bids must come in 24 hours before the auction.
 sneha@astaguru.com  sunny@astaguru.com  razia@astaguru.com  tahmina@astaguru.com  rakshanda@astaguru.com  ankita@astaguru.com  Duties &Taxes
           Opening Bid                                            All duties and taxes shall be borne by the buyer.
             OpeningBidisthevalueatwhichtheauctionhousestartsthebiddingofeachlot.
 EDITOR  STRATEGY  MARKETING  PUBLIC RELATIONS  BUSINESS DEVELOPMENT  HUMAN RESOURCE  Sale in India
             Opening bid is 20% lower than value of the lower estimate.
                                                                  AllsalesinIndiashallattractGSTof3%.
             Opening bid for lots above Rs. 1,00,00,000/- and equivalent USD is 10%
            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.
 SIDHANT NAYANGARA  JEET CHHEDA  ABHAY MENON  AARTI AGGARWAL  SHOHEB ALI  SNEHAL PEDNEKAR
            Above Rs. 1,00,00,000/- or equivalent US$ bid increment will be at 5%.
 s.nayangara@theartstrust.com  jeet@theartstrust.com  abhay@theartstrust.com  aarti@astaguru.com  shoheb@astaguru.com  snehal@theartstrust.com  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.
                                                                  Buyers may choose to collect their purchase from AstaGuru in Mumbai
 LOGISTICS  MARKET ANALYSTS  RESEARCH  Bid Increments
                                                                 within 7 days from the date of the sale.
             All bids will have an increment of 10% of the current valid bid. Above 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
           Personalized Bid Notifications                        of payment formalities, will be charged demurrage @ 2% per month on the
             By clicking on ‘My Bid Summary’, which is your personalized bid page, you  valueofthe 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 contact@astaguru.com or at the auction help
             Bidhistoryindicatesthevaluerecordedforeachlotsincethestartoftheauction.  desk +91 22 2204 8139.
             Bid History will not be displayed once the auction has closed.    If you would like to stay informed of AstaGuru’s upcoming events, please
 KARTHIK LYNCH  ADITYA WARANG  RUPESH KHANAA  AISHWARYA CHANDURKAR  RADHIKA KERKAR
 karthik@theartstrust.com  aditya@theartstrust.com  rupesh@theartstrust.com  aishwarya@theartstrust.com  radhika@theartstrust.com  register with us online.
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