BUYER'S GUIDE

CATALOGS
Before each auction we publish illustrated catalogs. Our catalogues provides illustrations, descriptions and
estimated values for each "lot". A lot may refer to a single item or to a group of items auctioned together.
The catalogues also include the dates and the times for previews and auctions. The online catalogues are
available on our website, http://www.calusari-auctions.com. We offer our catalogues by subscription or by
single copy.

PREVIEWS
All Calusari preview are free and open to the public. Auction previews are your chance to inspect each lot
prior to the auction. Therefore, prospective buyers are strongly advised to examine personally any property in
which they are interested, before the auction takes place, in order to determine its condition, size and whether
or not it has been repaired or restored . Items are sold "AS IS" and with all faults; illustrations in our catalogs,
website and other materials are provided for identification only. Condition reports may be available upon
request.

ESTIMATES
Calusari catalogs include estimates for each lot , exclusive of buyer's premium. The estimates are provided
as an approximate guide to the current market value and should not be interpreted as a representation
or prediction of actual selling prices. They are determined well in advance of a sale and are subject to
revision. Unless specifically illustrated and noted, fine art frames are not included in the estimate or purchase
price.Calusari accepts no liability for damage or loss to frames during storage or shipment.

RESERVES
All lots in a catalog are subject to a reserve, unless otherwise indicated. The reserve is the minimum price
that the seller is willing to accept for a lot. The reserve is confidential and does not exceed the low estimated
value.

BIDDING AT AUCTION
At Calusari, you can bid in many ways: in person, via absentee bid, or over the phone. Absentee bids may
be submitted in person or via email. A valid Calusari account is required in order to participate in bidding
activity. You can obtain registration information online from our website. By participating in any sale, you
are acknowledge that you are bound by our CONDITIONS OF SALE, published in all catalogs and website.
Lots are auctioned in consecutive numerical order as they appear in the catalog. Bidding normally begins
below the low estimate. The auctioneer will accept bids from interested parties present in the saleroom,
from telephone bidders, and from absentee bidders who have left written bids in advance of the sale. The
auctioneer may also execute bids on behalf of the consignor up to the amount of the reserve, but never above
it. We assume no responsibility for the failure to execute bids for any reason whatsoever.

In Person
If you are planning to bid at auction for the first time, you will need to register at reception desk in order
to receive a numbered bod card. To place a bid, hold up your card so that the auctioneer can clearly see
it. Decide on the maximum amount that you wish to pay, exclusive of buyers premium , and continue
bidding until your bid prevails or reach your limit. If you are the successful bidder on a lot the auctioneer will
acknowledge your paddle number and bid amount.

By Telephone
Under special circumstances, we can arrange for you to bid by telephone. Telephone bids will be accepted
no later than 24 hours prior to the sale and only if the capacity of our pool of staff phone bidders allows.
Telephone bids may be recorded. By bidding on the telephone, prospective purchasers consent to
the recording of their conversations. Calusari offers all absentee and telephone bidding services as a
convenience to our clients, but will not be responsible for errors or failures to execute bids.
Absentee Bids
A friend or agent may place bids on your behalf , provided that we have been received your written
authorization prior to the sale. The same service may be provided by our auction house, provided we have
been received your written bid price you are willing to pay. Our auction staff will try to bid just as you would,
with the goal of obtaining the item at the lowest bid price possible. Absentee bids from are available at our
website.

BID INCREMENTS
Calusari generally uses the following increment multiples as bidding progresses:

EUR 50-500 EUR 25 increments

EUR 500-1000 EUR 50 increments

EUR 1.000-2.000 EUR 100 increments

EUR 2.000-5.000 EUR 200 increments

EUR 5.000-10.000 EUR 500 increments

EUR 10.000-20.000 EUR 1.000 increments

EUR 20.000-50.000 EUR 2.000 increments

EUR 50.000-100.000 EUR 5.000 increments

EUR 100.000-200.000 EUR 10.000 increments

EUR 200.000-500.000 EUR 20.000 increments

EUR 500.000-100.000 EUR 50.000 increments

The auctioneer may split or reject any bid at any time at his or her discretion as outlined in the
CONDITIONS OF SALE.

BUYER'S PREMIUM
A buyer's premium is added to the winning price of each individual lot purchased. In addition to the hammer
price, the buyer agrees to pay to us the buyer’s premium together with any applicable value added tax. The
buyer’s premium is 10% of the final bid price of each lot up to and including EUR 10.000, 7.5% of the excess
of the hammer price above EUR 10.000 and up to and including EUR 100.000 and 5% of the excess of the
hammer price above EUR 100.000.

PAYMENT
All buyers are asked to pay the full amount due (comprising the hammer price, buyer’s premium and any
applicable taxes) not later than the seventh (7) calendar day following the sale. Payment may be made to
Calusari by cash and wire transfer. Please note that payments by wire transfer may result in property not
being released until purchase funds clear our bank.

AUCTION RESULTS
Auctions results are published on our website immediately after the sale.
LOT 1

Lot Description
MARGARET BOURKE-WHITE (1904-1971)
PORTRAIT OF MAHATMA GHANDI
1946. Gelatin silver print. 37 x 29.1 cm.
Printed by LIFE Magazine in 1946. LIFE credit stamp and LIFE limitation stamp on the back.

Estimate
EUR 8.000-10.000

Provenance
Private collection, Bruxelles

Literature and Illustration

Margaret Bourke-White, Halfway to freedom, A report on the new India in the words and photographs of
Margaret Bourke-White, Simon&Schuster, 1949.

Lot Notes
She is best known as the first foreign photographer permitted to take pictures of Soviet Industry, the first
female war correspondent (and the first female permitted to work in combat zones) and the first female
photographer for
LIFE magazine, where her photograph appeared on the first cover.
In Margaret Bourke-White's book Halfway to Freedom the caption accompanying this photograph describes
the Charkha or the spinning wheel as a great symbol of India's fight for independence and hope. Spinning
became a positive, productive, nonviolent way for the individual to personally participate in the struggle.
Source: Sengupta, Somini, Bearing Steady Witness To Partition's Wounds, an article in the Arts section,
The New York Times, September 21, 2006
LOT 2

Lot Description
ANDREAS FEININGER (1906-1999)
ROOFTOPS, 42ND STREET, NEW YORK

1940-1950. Gelatin silver print, 1978. 25 x 19,5 cm

Photographer’s stamp and date of print on reverse.

Estimate
EUR 3.000-3.500

Provenance
Private collection, Bruxelles

Literature and Illustration

Andreas Feininger, New York in the Forties, Dover Publication Inc., 1978
LOT 3

Lot Description
SEBASTAO SAGADO(1944-)
ICEBERG BETWEEN PAULET AND SHETLAND ISLANDS

2005. Gelatin silver print, 2005. 37 x 51 cm.

Photographer’s signature, title and date on reverse. Photographer’s blind stamp and copyright note on lower
left margin.

Estimate
EUR 5.000-5.500

Provenance
Private collection, Bruxelles. Aquired directly from the artist.

Literature and Illustration

Sebastião Salgado about his Genesis Project:
I conceive this project as a potential path towards humanity's rediscovery of itself in nature. I have named it
Genesis because, as far as possible, I want to return to the beginnings of our planet: to the air, water and fire
that gave birth to life; to the animal species that have resisted domestication and are still "wild"; to the remote
tribes whose "primitive" way of life is largely untouched; and to surviving examples of the earliest forms of
human settlement and organisation. This voyage represents a form of planetary anthropology. Yet it is also
designed to propose that this uncontaminated world must be preserved and, where possible, be expanded so
that development is not automatically commensurate with destruction.
Source: guardian.co.uk
LOT 4

Lot Description
CONSTANTIN BRANCUSI (1876-1957)
SELF-PORTRAIT

1933. Gelatin silver print, 39.8 x 29.6 cm.

Estimate
EUR 4.000-5.000

Provenance
Private collection, Bruxelles

Literature and Illustration

Friedrich Teja Bach, Brancusi: Photo Reflection, Didier Imbert Fine Art, 1991
LOT 5

Lot Description
MARIO GIACOMELLI (1925-2000)
IO NON HO MANI CHE MI ACCAREZZINO IL VOLTO

1961-1963. Gelatin silver print, 28.8 x 39.0 cm. Printed in 1982.

Signed by the photographer in black ink on reverse, with the photographer’s stamp also on the reverse.

Estimate
EUR 3.500-4.000

Provenance
Private collection, Bruxelles

Literature and Illustration

Alistair Crawford, Mario Giacomelli, Phaidon Press, 2001, p.231

LOT 6

Lot Description
MANUEL ALVAREZ BRAVO (1902-2002)
MUCHACHA VIENDO PAJAROS

1931. Gelatin silver print, 17.5 x 24.5 cm. Printed later.

Signed by the photographer in ink on reverse.

Estimate
EUR 4.000-4.500

Provenance
Private collection, Bruxelles

Literature and Illustration

Susan Kismaric, Manuel Alvarez Bravo, Museum of Modern Art, 1997, p. 73

Lot Notes
Manuel Alvarez Bravo is one of the foremost figures of modern photography and the only photographer
among the great Mexican artists of the 20th century. Bravo has produced work of exceptional quality
throughout his long career: formal experiments of the 1920s were followed by modernists works inspired
by such international trends as Surrealism, and the early 30s saw him develop a gifted personal style that
suggested specific Mexican customs and rituals. (source: MoMA)
LOT 7

Lot Description
ANDRÉ KERTÉSZ (1894 - 1985)
WANDERING VIOLINIST
1921. Gelatin silver print, 24.6 x 19.6 cm. Printed later.
Signed by the photographer in pencil on the reverse.

Estimate
EUR 1.000-1.500

Provenance
Private collection, Bruxelles

Literature and Illustration

Jane Corkin, Andre Kertesz: A Lifetime of Perception, Andalusian Books, 1993, p.30
LOT 8

Lot Description
YEVGENI KHALDEI (1917-1997)
BUDAPEST GHETTO
1945. Gelatin silver print, 34.0 x 50.2 cm. Printed in 1990.
Signed, titled and dated by the photographer in ink on the reverse.

Estimate
EUR 1.000-1.500

Provenance
Private collection, Bruxelles

Literature and Illustration

Yevgeny Khaldei was a Red Army photographer, best known for his World War II photograph of a Soviet
soldier Raising a flag over the Reichstag.

LOT 9

Lot Description
HENRI CARTIER-BRESSON (1908-2004)
RUE MOUFFETARD
1954. Gelatin silver print, 35.5 x 23.8 cm. Printed later.
Signed, titled and dated by the photographer in ink on the reverse. Copyright blind stamp on the margin.

Estimate
EUR 4.000-5.000

Provenance
Private collection, Bruxelles

Literature and Illustration

Henry Cartier-Bresson, À Propos de Paris, Bulfinch 1998

Lot Notes
Photography is nothing, it's life that interests me, Henry Cartier Bresson
LOT 10

Lot description
GHERASIM LUCA (1913-1994)
INDOCHINA
1960. Cubomania, colage and newsprint on woodboard.
35.1 x 30.1 cm. Signed, titled and dated in ink on the reverse.

Estimate
EUR 4.000-5.000

Provenance
Private collection, Bruxelles. Aquired from the artist in 1980's.

Literature and Illustration

The present lot will be introduced in the forthcomming catalogue raisonné prepared by Gallery Calusari.

Lot Notes
Born in Bucharest the son of a Jewish tailor, he spoke Yiddish, Romanian, German, and French. During
1938, he traveled frequently to Paris where he was introduced to the Surrealist circles. World War II and
the official antisemitism in Romania forced him into local exile. During the short pre-Communist period of
Romanian independence, he founded a Surrealist artists group, together with Gellu Naum, Paul Păun, Virgil
Teodorescu and Dolfi Trost.

His first publications, including poems in French followed. He was the inventor of cubomania and, with Dolfi
Trost, the author of the statement "Dialetic of Dialectic" in 1945. Harassed in Romania and caught while trying
to flee the country, the self-called étran-juif ("StranJew") finally left Romania in 1952, and moved to Paris
through Israel.

There he worked among others with Jean Arp, Paul Celan, François Di Dio and Max Ernst, producing
numerous collages, drawings, objects, and text-installations. From 1967, his reading sessions took him to
places like Stockholm, Oslo, Geneva, New York City, and San Francisco. The 1988 TV-portrait by Raoul
Sanglas, Comment s'en sortir sans sortir, made him famous for a larger readership.

In 1994, he was expelled from his apartment officially for "hygiene reasons." Luca had spent forty years in
France without papers and could not cope. On February 9, at the age of 80, he committed suicide by jumping
into the Seine.
 CONDITIONS OF SALE

These CONDITIONS OF SALE contain all the terms on which Calusari and the Seller contract with the Buyer. By
participating in any sale, you are acknowledge that you are bound by these terms and conditions.

1. CALUSARI AS AGENT
Except as otherwise stated, Calusari acts as agent for the Seller. The property will be offered by us as agent for the
Seller, unless the catalogue indicates otherwise. Therefore, the contract for the sale of the property is therefore made
between the Seller and the Buyer.

2. AS IS
Goods auctioned are often of some age. The authenticity of property listed in the catalogue is guaranteed as stated
in the LIMITED WARRANTY, in paragraph 6. We and the Seller are no responsible for errors and omissions in
the printed catalogue, online catalogue, or in any supplemental material. All property is sold "AS IS" without any
representations and warranties by Calusari or the Seller as to:(a) merchantability, (b) fitness for a particular purpose,
(c) quality, (d) rarity, (e) importance, (f) size, (g) medium, (h) provenance, (i) exhibitions, (j) literature, (k) historical
relevance, and (l) the correctness of the catalogue or other descriptions of the physical conditions of any property and
no statement anywhere whether oral or written, whether made in the catalogue, an advertisement, a bill of sale, a
saleroom posting or announcement, or elsewhere shall be deemed such a warranty, representations or assumptions
of liability.

3. BEFORE THE SALE

(a) Examination of property
Prospective buyers are strongly advised to examine personally any property in which they are interested, before the
auction takes place, in order to determine its condition, size and whether or not it has been repaired or restored .
CONDITIONS REPORTS are usually available on request. Neither Calusari nor the Seller provides any guarantee
in relation to the nature of the property apart from the LIMITED WARRANTY in paragraph 7 below. The property is
otherwise sold "AS IS".

(b) All statements made by us in the catalogue entry for the property or in the condition report, or made orally or in
writing elsewhere, are statements of opinion and are not to be relied on as statements of fact. Such statements do
not constitute a representation, warranty or assumption of liability by us of any kind. References in the catalogue
entry or the condition report to damage or restoration are for guidance only and should be evaluated by personal
inspection by the bidder or a knowledgeable representative. The absence of such a reference does not imply that
an item is free from defects or restoration, nor does a reference to particular defects imply the absence of any
others. Estimates of the selling price should not be relied on as a statement that this is the price at which the item
will sell or its value for any other purpose. Except as set forth in paragraph 6 below, neither Calusari nor the Seller is
responsible in any way for errors and omissions in the catalogue or any supplemental material.

(c) Buyer’s responsibility

Except as stated in the LIMITED WARRANTY in paragraph 6 below, all property is sold "AS IS" without any
representation or warranty of any kind by Calusari or the Seller. Buyers are responsible for satisfying themselves
concerning the condition of the property and the matters referred to in the catalogue entry.

(d) Withdrawal
We reserve the right to withdraw any property before the sale and have no liability whatsoever for such withdrawal.
4. AT THE SALE
(a) Refusal of admission.
Calusari has the right, at our complete discretion, to refuse admission to the premises or participation in any auction
and to reject any bid.

(b) Registration before bidding

A prospective buyer must complete and sign a registration form and provide identification before bidding. We may
require the bank financial references and in some cases a warranty deposit.

(c) Bidding as principal

When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer’s premium
and all applicable taxes, plus all other applicable charges, unless it has been explicitly agreed in writing with before
the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to
Calusari, and that Calusari will only look to the principal for payment.

(d) Absentee bids

We will use reasonable efforts to carry out written bids delivered to us prior to the sale for the convenience of clients
who are not present at the auction in person, or by an agent or by telephone. Please refer to the catalogue for the
ABSENTEE BIDS FORM. If we receive written bids on a particular lot for identical amounts, and at the auction
these are the highest bids on the lot, it will be sold to the person whose written bid was received and accepted first.
Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do
not accept liability for failing to execute a written bid or for errors and omissions in connection with it.

(e) Telephone bids

Telephone bids will be accepted no later than 24 hours prior to the sale and only if the capacity of our pool of staff
phone bidders allows. Telephone bids may be recorded. By bidding on the telephone, prospective purchasers
consent to the recording of their conversations. Calusari offers all absentee and telephone bidding services as a
convenience to our clients, but will not be responsible for errors or failures to execute bids.

(h) Reserves
Unless otherwise indicated, all lots are offered subject to a reserve, which is the confidential minimum price below
which the lot will not be sold. The reserve will not exceed the low estimate printed in the catalogue. If any lots are
not subject to a reserve, they will be identified with the symbol • next to the lot number. The auctioneer may open the
bidding on any lot below the reserve by placing a bid on behalf of the Seller. The auctioneer may continue to bid on
behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response
to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids,
the auctioneer, in his or her discretion, will generally open the bidding at 50% of the low pre-sale estimate for the
lot. In the absence of a bid at that level, the auctioneer will proceed backwards in his or her discretion until a bid is
recognized, and then continue up from that amount. Absentee bids will, in the absence of a higher bid, be executed
at approximately 50% of the low pre-sale estimate or at the amount of the bid if it is less than 50% of the low pre-sale
estimate. In the event that there is no bid on a lot, the auctioneer may deem such lot unsold.

(i) Calusari’s discretion

The Calusari has the right at his absolute and sole discretion to refuse any bid, to advance the bidding in such a
manner as he may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or
dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel
the sale or to re-offer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

(j) Successful bid and passing of risk

Subject to the auctioneer’s discretion, the highest bidder accepted by the auctioneer will be the Buyer and the striking
of his hammer marks the acceptance of the highest bid and the conclusion of a contract for sale between the Seller
and the Buyer. Risk and responsibility for the lot (including frames or glass where relevant) passes to the Buyer at the
expiration of seven calendar days from the date of the sale or on collection by the Buyer if earlier.
5. AFTER THE SALE
(a) Buyer’s premium
In addition to the hammer price, the buyer agrees to pay to us the buyer’s premium together with any applicable
value added tax. The buyer’s premium is 10% of the final bid price of each lot up to and including EUR 10,000, 7.5%
of the excess of the hammer price above EUR 10,000 and up to and including EUR 100,000 and 5% of the excess of
the hammer price above EUR 100,000.

(b) Payment and passing of title

The Buyer must pay the full amount due (comprising the hammer price, buyer’s premium and any applicable taxes)
not later than the seventh (7th) calendar day following the sale. The buyer will not acquire title to the lot until all
amounts due to us from the buyer have been received by us in good cleared funds.

(c) Collection of purchases

We shall be entitled to retain items sold until all amounts due to us, have been received in full in good cleared
funds. Subject to this, the Buyer shall collect purchased lots within seven (7) calendar days from the date of the sale
unless otherwise agreed between us and the Buyer. Where purchases are not collected within seven (7) calendar
days from the date of the sale, whether or not payment has been made, we shall additionally charge the Buyer for
administration, handling, insurance and any other costs incurred.

(d) Packing, handling and shipping

Although we shall use reasonable efforts to take care when handling, packing and shipping a purchased lot, we are
not responsible for the acts or omissions of third parties whom we might retain for these purposes. Similarly, where
we may suggest other handlers, packers or carriers if so requested, we do not accept responsibility or liability for their
acts or omissions.

(f) Remedies for non payment

If the buyer fails to make payment in full in good cleared funds within the time required by paragraph 5(b) above, we
shall be entitled in our absolute discretion to exercise one or more of the following rights or remedies (in addition to
asserting any other rights or remedies available to us by law):
(i) to cancel the sale;
(ii) the warranty deposit of the Buyer will not be returned;
(iii) to hold the defaulting Buyer liable for the total amount due and to commence legal proceedings for its recovery
together with interest, legal fees and costs to the fullest extent permitted under applicable law;
(iv) to resell the property publicly or privately on such terms as we shall think fit;

If we resell the property under paragraph (iv) above, the defaulting buyer shall be liable for payment of any deficiency
between the total amount originally due to us and the price obtained upon resale as well as for all costs, expenses,
damages, legal fees and commissions and premiums of whatever kind associated with both sales or otherwise
arising from the default. If we pay any amount to the Seller, the Buyer acknowledges that Calusari shall have all of
the rights of the Seller, however arising, to pursue the Buyer for such amount.

(g) Failure to collect purchases

Where purchases are not collected within seven (7) calendar days from the date of the sale, whether or not payment
has been made, we shall additionally charge the Buyer for administration, handling, insurance and any other costs
incurred.
6. LIMITED WARRANTY

6.1 Subject to the terms and conditions of this paragraph, CALUSARI warrants for a period of one (1) year from
the date of the sale that any property described in headings printed in UPPER CASE TYPE (i.e. headings having
all capital-letter type) in this catalogue which is stated without qualification to be the work of a named author or
authorship, is authentic and not a forgery. The term “author” or “authorship” refers to the creator of the property or to
the period, culture, source or origin, as the case may be, with which the creation of such property is identified in the
UPPER CASE TYPE description of the property in this catalogue. Only UPPER CASE TYPE headings of lots in this
catalogue indicate what is being warranted by Calusari. Calusari warranty does not apply to supplemental material
which appears below the UPPER CASE TYPE headings of each lot and Calusari is not responsible for any errors or
omissions in such material. The warranty is subject to the following conditions:
(i) It does not apply where (a) the catalogue description corresponded to the generally accepted opinion of scholars
or experts at the date of the sale or fairly indicated that there was a conflict of opinions; or (b) correct identification
of a lot can be demonstrated only by means of either a scientific process not generally accepted for use until
after publication of the catalogue or a process which at the date of publication of the catalogue was unreasonably
expensive or impractical or likely to have caused damage to the property.
(ii) The benefits of the warranty are not assignable and shall apply only to the original buyer of the lot as shown on
the invoice originally issued by Calusari when the lot was sold at auction.
(iv) In no event will our liability to a Buyer will exceed the hammer price price actually paid. The Buyer’s sole and
exclusive remedy against Calusari and the Seller, in place of any other remedy which might be available, is the
cancellation of the sale and the refund of the hammer price paid for the lot. Neither Calusari nor the Seller will be
liable for any special, incidental or consequential damages including, without limitation, loss of profits nor for interest.

6.2 To be able to claim under this LIMITED WARRANTY the original purchaser of record must:
(i) notify Calusari in writing within three (3) months of receiving any information that causes the original buyer of the
lot to question the accuracy of UPPER CASE TYPE type heading, specifying lot number, date of the auction at which
it was purchased and the reasons for such question; and
(ii) return the Lot to Calusari original selling location in the same condition as at the day of the sale; and
(iii) obtain at the original Buyer's costs, the reports of three independent and recognized experts in the field, which
question the accucy of UPPER CASE TYPE type heading.

7. EXTENT OF LIMITED WARRANTY

We agree to refund the purchase price in the circumstances of the LIMITED WARRANTY set out in paragraph 6
above. Apart from that, neither the seller nor we, nor any of our officers, employees or agents, are responsible for
the correctness of any statement of whatever kind concerning any lot, whether written or oral, nor for any other errors
or omissions in description or for any faults or defects in any lot. Except as stated in paragraph 2 and 6, neither the
Seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any
liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description,
size, quality, condition, attribution, authenticity, rarity, importance, medium, provenance, exhibition history, literature
or historical relevance.

8. COPYRIGHT
The copyright in all images, illustrations and written material produced by or for Calusari relating to a lot including the
contents of this catalogue, is and shall remain at all times the property of Calusari and shall not be used by the Buyer,
nor by anyone else, without our prior written consent. Calusari and the Seller make no representation or warranty that
the Buyer of a property will acquire any copyright or other reproduction rights in it.

9. LAW AND JURISDICTION

If any part of these CONDITIONS OF SALE is found by any court to be invalid, illegal or unenforceable, that part shall
be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law.
The rights and obligations of the parties with respect to these CONDITIONS OF SALE, the conduct of the auction and any
matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in which the
auction is held. By bidding at auction, whether present in person or by agent, by written bid, telephone or other means,
the Buyer shall be deemed to have submitted, for the benefit of Calusari, to the exclusive jurisdiction of the courts of that
country.
 ABSENTEE BID FORM

Please print and complete by hand this Absentee Bid Form bellow.
The scanned Absentee Bid Form together with scans of Identification (Passport or National Identity )
and Proof of Address (Utility Bill and Bank Statement issued within the last six months ) should be sent by e-mail at:
info(at)calusari-auctions(dot)com. All the scanned documents should bear the signature of a Notary Office in your
country.
We accepting bid amounts in EURO, and please use block letters when writing them in the bellow table. Bidders who
have newer purchased at Calusari Auctions will be required to deposit in advance 10% of the maximum price they
are submitted.

Billing Name Client Number

Address

City Country Postal Code

Email Address Telephone

Sale Date Sale Number

I request that Calusari Auctions enters bids to the following lots up to the maximum price, I have indicated for each
lot. I understand that submiting this bid, I have entered into a bidding contract, to purchase the individual lots if my bid
is successful, I will be obligated to pay the purchase price which will be the sum of my final bid plus buyer’s premium.

Signature Date

Print Name (IN BLOCK LETTERS)

Lot Number Description Bid

Amount
Maximum price in €
use BLOCK LETTERS
PHOTOGRAPHS
SALE NUMBER 101, RESULTS

LOT NUMBER PRICE The following prices in EUR include the buyer's
premium and are rounded to the nearest euro.Lots
which did not sell, or have been withdrawn do not
appear bellow. The buyer’s premium is 10% of the final
1 5.500
2 1.100 bid price of each lot up to and including EUR 10,000,
3 3.300 7.5% of the excess of the hammer price above EUR
4 3.190 10,000 and up to and including EUR 100,000 and
5 1.650 5% of the excess of the hammer price above EUR
6 220 100,000.Calusari Auctions is not responsible for errors
7 1.760 or omissions.
8 3.300
9 3.300
10 3.300 For catalogue subscriptions please writeto catalogs(at)
calusari-auctions(dot)com.