INFORMATION AUCTION S-355

The auction will take place entirely online, starting from the publication date of the online catalogue on the website www.bertolamifineart.com and concluding on Thursday, 6 November 2025.

The auction is conducted exclusively online and is accessible only to users who have registered through our website: www.bertolamifineart.com

The registration process requires users to upload valid identification documents as specified by the platform. Registration is considered complete only upon receipt of a confirmation email from the auction house.

Should you encounter any difficulties completing your registration or if you do not receive the confirmation email, please contact us at:

The auction will commence upon publication of the online catalogue and will end on Thursday, 6 November, with a specific end time for each lot, clearly displayed and monitored by a countdown timer on each lot page.

Lots are scheduled to close consecutively, at set intervals, in order to allow users to bid on several lots throughout the auction. Specifically, on the final day of the sale, each lot will close at two-minute intervals.

Should a higher bid be placed shortly before a lot's scheduled closing time, the closing will be automatically extended by a further two minutes, thus allowing further bids to be submitted. This system ensures that the lot is not awarded until all active bidding has concluded.

Please note: the bidding platform suspends lot closures daily from 00:00 to 08:00 CEST. During this pause, however, bids may still be placed.

3. Electronic Auctioneer and Real-Time Bidding Updates
From the online publication of the catalogue until the end of the auction, the electronic auctioneer remains active 24/7. This system is supported by real-time notifications that keep users informed of bidding activity. All bidders will receive email notifications confirming the submission of their bids, as well as alerts whenever a higher bid is placed by another participant.

4. Maximum Bid
Each lot page provides the possibility for bidders to indicate their maximum bid.

Once a maximum bid has been entered and confirmed, the electronic auctioneer will place incremental bids on the user’s behalf, up to the specified maximum. The user will receive email updates confirming these automatic bids, as well as notifications if their maximum bid is surpassed by another bidder.

Maximum bids are only accepted if they exceed the reserve price. The lot will be awarded to the highest bid received; in the event of identical bids, priority will be given to the earliest received.

Please note: the maximum bid reflects the maximum amount the bidder is willing to pay to secure the lot. In absence of competing bids, the lot will be awarded at the starting price, even if a higher maximum bid has been submitted. Conversely, if other bids are placed but do not exceed the stated maximum, the system will automatically raise the user’s bid as needed, up to their maximum. In this case, the lot will be awarded at the highest bid reached through these automatic increments, in accordance with the established bidding scale (see table below).

Examples:

Starting price €1,000 – Maximum bid €1,500 – No other bids → Lot awarded at €1,000

Starting price €1,000 – Maximum bid €1,500 – Competing bid received → Auctioneer automatically raises bid to €1,100 → Lot awarded at €1,100 if no further bids are made

Bid withdrawal is permitted only upon formal request to the auction house. Any cancellation will automatically generate updated notifications for all affected participants.

5. Lot Viewing

For enquiries regarding lot viewing, please contact:

Successful bidders may choose from the following payment methods:

• Credit card (Visa, MasterCard, American Express);
• PayPal;
• Bank transfer to: Bertolami Fine Art S.r.l. (for non-EU bank transfers, please add €10 to the total invoice amount);
• Cash (within the legal limit);
• For known clients only: non-transferable bank cheque or banker’s draft payable to Bertolami Fine Art S.r.l. (for foreign cheques, please add €10 to the invoice total)

Settlement of the invoice must be made within five (5) days of its receipt.

Late payment penalty: beginning on the 31st day after the auction, overdue invoices will incur an interest charge of 1% per month on the unpaid balance.

Invoices paid via cheque, cash, or bank transfer are exempt from administrative fees.

Payments made via credit card and PayPal are subject to additional charges:

Credit card: +1.5%

PayPal: +3.5%

7. Buyer’s Premium

The purchaser shall pay to Bertolami Fine Art an auction fee amounting to 25% of the hammer price of each lot.

8. Additional charges

Shipping costs, any applicable customs duties, and fees associated with the issuance of export permits (such as the Certificate of Free Circulation or other ministerial authorisations) are the sole responsibility of the purchaser.

In the event of unwarranted returns, the buyer shall also bear all resulting customs and shipping costs.

9. Terms and Conditions of Sale
The Terms and Conditions of Sale, which govern the contractual relationship between Bertolami Fine Art and its clientele, are published in every catalogue.

As participation in the auction implies full acceptance of these terms, we strongly advise all clients to read them carefully.

In case of any discrepancy between the printed and the online catalogue, the online version shall prevail.

10. Publication of Auction Results
Auction results will be published for information purposes on www.bertolamifineart.com within ten (10) days of the auction’s conclusion.

11. Lot Delivery
Lots will be released only upon receipt of full payment.
All delivery arrangements must be coordinated with our Head of Logistics, Ms Alessandra Tabacco: a.tabacco@bertolamifineart.com

Lots may be collected in person by appointment only, to be scheduled in advance with Ms Tabacco. Appointments are scheduled during regular business hours and are not available on Saturdays, Sundays, or public holidays.

Bertolami Fine Art does not provide in-house shipping services.

However, BFA is able to assist customers by recommending professional, reliable couriers, with a proven track record. Clients may request a non-binding quotation directly from these providers.

Clients remain free to appoint a courier of their own choosing.

Bertolami Fine Art accepts no liability for the actions of third-party shipping providers.

AUTOMATIC BIDDING INCREMENTS

Bid Amount €	Automatic Increment €
0-99	5
100-199	10
200-499	20
500-999	50
1.000-1.999	100
2.000-4.999	200
5.000-9.999	500
10.000-19.999	1.000
20.000-49.999	2.000
50.000+	5.000