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1. I agree and consent to paying the Buyer’s Premium calculated at the rate of 20% of the winning Bid value on each lot
up to and including INR 7,00,00,000, 15% of the winning Bid value in excess of INR 7,00,00,000 up to and including
INR 12,00,00,000 and 12% of the winning Bid value in excess of INR 12,00,00,000. All applicable duties and taxes, and
shipping and handling charges shall be borne by me.
2. I understand that if Saffronart receives identical absentee/proxy Bids, and if these Bids are the highest on the Lot,
Saffronart will sell the Lot to the Bidder whose Bid it received and accepted first.
3. I understand that absentee/proxy Bids submitted on “no reserve” Lots will be executed at a minimum of 10% of the
lower estimate (the “Minimum Value”), if there is no competing Bid, and the absentee/proxy Bid amount is greater
than the Minimum Value.
For New Bidders
If you have not previously registered with Saffronart, please create a username on
saffronart.com. To participate in this auction,
you will have to pre-register with your login details. When contacted by our representative, please provide a proof of identity
and address document, such as a copy of an official photo identity card (either a PAN Card, National Identity Card, Passport or
Driver’s Licence). Once your documents are verified, you will be given access to Bid. You may also call our auction helpline at +91
22 2432 2898.
All bids for this sale will be accepted in INR. Equivalent currency values displayed on our website are for your convenience.
The auctioneer may vary the increments during the course of the auction at his or her discretion.
For overseas bidders participating in this auction, please refer to our Conditions for Sale.
INR 10,000 – 20,000
by INR 1,000
INR 20,000 – INR 50,000
by INR 2,000, 5,000, 8,000
(e.g. INR 22,000, 25,000, 28,000)
INR 50,000 – INR 1,00,000
by INR 5,000
INR 1,00,000 – INR 2,00,000
by INR 10,000
INR 2,00,000 – INR 5,00,000
by INR 20,000, 50,000, 80,000
(e.g. INR 2,20,000, 2,50,000, 2,80,000)
INR 5,00,000 – INR 10,00,000
by INR 50,000
INR 10,00,000 – INR 20,00,000
by INR 1,00,000
INR 20,00,000 – INR 50,00,000
by INR 2,00,000, 5,00,000, 8,00,000
(e.g. INR 22,00,000, 25,00,000, 28,00,000)
INR 50,00,000 – INR 1,00,00,000
by INR 5,00,000
INR 1,00,00,000 – INR 2,00,00,000
by INR 10,00,000
INR 2,00,00,000 – INR 5,00,00,000
by INR 20,00,000, 50,00,000, 80,00,000
(e.g. INR 2,20,00,000, 2,50,00,000, 2,80,00,000)
INR 5,00,00,000 – INR 10,00,00,000
by INR 50,00,000
Above INR 10,00,00,000
at auctioneer’s discretion
BIDDING INCREMENTS
Bidding begins below the lower estimate, and increases in steps, or increments. The next valid bid is based on the increments
listed below. If bidders enter a proxy bid online, the next bid is placed at the minimum incremental value.
Lot 48 (Detail)
Photography: JAYAKUMAR NAIR | Processing: REPROSCAN | Printing: PRODON ENTERPRISES