Auction Description
Welcome! Among the 470+ lots of art, design and wearable luxury in our Winter 2024 Premier Auction, you will find pieces by Ferdinando Andreini, Agustin Cardenas, John Chamberlain, Corum, Jacques Dufresne, Paul Evans, Jean-Michel Frank, Yannis Gaitis, Eric Goulder, Hermes, Paul Jenkins, Karl Lagerfeld, Irving Penn, Charlotte Perriand & Pierre Jeanneret, Rolex, Jean Royere, Jesus Rafael Soto, Frank Stella, Paavo Tynell, Andy Warhol and Tom Wesselmann, among many other noteworthy 20th century artists and designers.
All our listings include multiple photos, descriptions, dimensions, condition reports, and (where available) information relating to provenance and documentation. We want you to be pleased with your purchases and encourage bidders to ask any questions they may have prior to the auction. Please direct all correspondence to info@modernations.com or call 561.586.5500.
Thank you for participating, and best of luck in the sale!
Buyer's Premium
| Start | Premium(%) |
|---|---|
| $0 | 28.00 |
| $500,000 | 23.00 |
Bid Increments
| Start | Increments ($) |
|---|---|
| $0 | $25 |
| $500 | $50 |
| $1,000 | $100 |
| $3,000 | $250 |
| $5,000 | $500 |
| $10,000 | $1,000 |
| $30,000 | $2,500 |
| $50,000 | $5,000 |
| $100,000 | $10,000 |
Available payment options
Shipping
Shipping/Pick-up/Storage (Terms & Conditions #11):
PBMA highly recommends that bidders obtain shipping quotes prior to bidding. If you would like to obtain a shipping quote prior to the auction, please contact PBMA by phone or email for a list of shippers (also downloadable here), or contact your own shipper. PBMA provides shipping lists only as a service to its clients and any such list should not be considered an endorsement of any shipping company. Generally, PBMA does not pack or ship items for insurance reasons. Palm Beach Modern Auctions does not install, disassemble or remove complex/electrified items (i.e. chandeliers). When selecting a shipper, please ensure they are capable of handling this. Final arrangements for shipping, and all costs associated with shipping, are the responsibility of the buyer. Any agreement for shipping is a contract between the buyer and the shipper; PBMA is not a party to any such contract and expressly disclaims any responsibility thereunder. No items will be released for shipping until PBMA receives payment in full and all payments have cleared. Thereafter, items may be picked up at PBMA’s exhibition facility Monday through Friday from 10:00 A.M. – 4:00 P.M. by the winning bidders or their shippers. Please call PBMA the day before you intend to pick-up any item. If a shipper is picking up an item, please send PBMA an e-mail confirming the name of the shipper and the property to be released into the shipper’s possession, and providing PBMA permission to release the property to your shipper. All winning lots must be picked up within thirty (30) days following the close of the auction. After this time, each lot will become subject to storage fees of not less than $5.00 per day. PBMA has no duty to store any lot indefinitely. After ninety (90) days following the close of the auction, any lot which is not picked up will be deemed abandoned by the buyer and will become the property of PBMA and may be disposed of by PBMA, in any manner it chooses, without notice and without recourse. You authorize PBMA to discard or sell any abandoned property and to keep any proceeds from the sale of abandoned property. You hereby release PBMA of and from any claims related to such abandoned property (including without limitation claims for purchase price refunds, possession of such lot or other damages or losses). You acknowledge and agree that PBMA is not responsible for damage or loss that occurs to abandoned property and that PBMA is not responsible for insuring abandoned property after the ninety (90) day retrieval period. You agree that this remedy is reasonable considering the costs PBMA would have to incur to continue to store and process purchased lots after an auction.
Terms & Conditions
Buyers participating in Palm Beach Modern Auctions’ (“PBMA”) auctions, PBMA includes Urban Culture Auctions (“UCA”), acknowledge and accept the following “Auction Terms and Conditions.” In the “Auction Terms and Conditions,” the terms “you,” “your,” “buyer,” “bidder,” or similar terms mean a person bidding on or buying property. By registering to bid or by placing a bid through any means, you agree to be bound by the following terms and conditions:
1. Conduct of the Auction: The auctioneer has the right, in his/her sole discretion, to determine the conduct of the sale, including, without limitation, to advance the bidding, to reject any bid offered, to withdraw any lot, to reoffer and resell any lot, and to resolve any dispute in connection with the auction or sale. In any such case, the judgment of the auctioneer is final and shall be binding upon all auction participants. If the Internet stops working during an auction, the auctioneer has the right, in his/her sole discretion, to proceed with, or reschedule, the auction. You agree to allow PBMA to use your contact information, including your physical and email addresses, for marketing purposes including receiving eblasts and mailers.
2. Bid Increments: Auctions will be conducted in the following increments: from $0, increments of $25; from $500, increments of $50; from $1000, increments of $100; from $3000, increments of $250; from $5,000, increments of $500; from $10,000, increments of $1000; from $30,000 (and above), increments at the auctioneer’s discretion.
3. Buyer’s Premium: All bidders will be charged a buyer’s premium of 28% (all forms of bidding including in-house, phone, absentee and internet bidding) of the hammer price on any lot up to and including $500,000; 23% of any amount between $500,001 and above. The total sales price of an item will be calculated as follows: the hammer price of the item, plus the buyer’s premium, plus sales tax, unless exempt (see “Sales Tax” below), plus 3% fee if payment is made via Paypal or credit card.
4. Sales Tax: No sales tax will be charged if the successful bidder provides PBMA with a copy of a valid “Resale Form” or “Tax Exempt Certificate.”
- SALES TAX NOTICE TO FLORIDA BIDDERS:
Sales tax will be added to all purchases at the rate of 7% (Palm Beach County sales tax rate) of the hammer price plus the buyer’s premium, see exception below*.
- SALES TAX NOTICE TO USA BIDDERS:
The June 2018 U.S. Supreme Court decision South Dakota v. Wayfair, Inc. enabled state governments to impose sales tax on items purchased from remote sellers. Like other USA businesses who ship nationwide, Palm Beach Modern Auctions is subject to this legislation, see exception below*.
For this reason, your purchases in this auction may be subject to sales tax even if shipped to a destination outside of Florida. The tax rate and threshold at which we are required to collect and remit sales tax (point of ‘economic nexus') is determined by the destination state/county/city. For details on the way this may impact you, we suggest research via your local government or tax professional, see exception below*.
- AUTOMATIC NEXUS: NEW YORK, CALIFORNIA & TEXAS will be subject to their state’s sales tax, which will be reflected on the invoice. Please note other states may become a nexus based on bidding activity and invoices will include sales tax as required by law, see exception below*.
* EXEMPTION BY RESALE CERTIFICATE: Bidders with a current, valid resale certificate are encouraged to email a copy to info@modernauctions.com prior to the auction date.
Palm Beach Modern Auctions
