Arare and extremely decorated Tibet or Nepal Thangka, Buddha Mandala oil painting Arare and extremely decorated Tibet or Nepal Thangka, Buddha Mandala oil painting and fine embroidery work. Decor of 100 monks on theKagyu Refuge tree. Glass protected and gilt wood frame listed. 19th/20th Century. H: 134 cm - W: 129cm (excl. frame)
Arare and extremely decorated Tibet or Nepal Thangka, Buddha Mandala oil painting Arare and extremely decorated Tibet or Nepal Thangka, Buddha Mandala oil painting and fine embroidery work. Decor of 100 monks on theKagyu Refuge tree. Glass protected and gilt wood frame listed. 19th/20th Century. H: 134 cm - W: 129cm (excl. frame)
Terms and Conditions of Ostantix Auctions
Organizer:
Ostantix Auctions BV
Address: Torhoutsesteenweg 553, 8400 Ostend, Belgium
VAT Number: BE 0795.478.687
Contact Information:
Email Info: info@ostantix auctions.com
Email Support: support@ostantix auctions.com
Email Accounting: accounting@ostantix auctions.com
Auction Process:
The auction follows standard Belgian conditions for bidding auctions.
Payment:
Payment must be made within five working days after the last auction day.
According to anti money laundering laws, amounts exceeding €3,000 must be paid by check, credit
card, or bank transfer to our account.
Bidding Increments:
Bidding increments follow the following steps:
0-200 Euro: + 10 Euro
200-500 Euro: + 20 Euro
500-1000 Euro: + 50 Euro
1000-2000 Euro: + 100 Euro
2000-5000 Euro: + 200 Euro
5000-10000 Euro: + 500 Euro
10000-20000 Euro: + 1000 Euro
+ 50000 Euro: + 5000 Euro
Deviations are only possible with approval from the auctioneer and are not disputable.
Auction Fees:
The auction fees are 25% of the hammer price, plus an additional fee of 0 to 5% for online bids on
auction platforms.
Condition of Goods:
Goods are sold in their current condition at the time of allocation.
Goods Information:
Provided information is informative and not binding.
Buyers are encouraged to personally inspect the goods or request more details if anything is
unclear.
Complaints about condition, catalog description, dating, etc., are not accepted after allocation.
Color Deviations and Lens Distortion:
Please consider possible visual deviations in photos.
Color perception is subjective and can vary.
Lens distortion may occur, returns based on this are not accepted.
Damaged Goods during Viewing/Auction Days:
Damage by third parties to be auctioned goods must be reported.
Damage may lead to legal action and compensation.
Collection of Goods:
Buyers are responsible for their goods after allocation.
Collection times will be announced after the auction.
Identification:
Buyers must correctly identify themselves.
Bidding numbers are available shortly before the auction.
Personal information is handled discreetly and not shared.
Own Responsibility:
Buyers are expected to purchase at their own risk.
Placing a bid is binding.
Disputes:
Disputes will be settled by a bailiff/notary without recourse.
Resale Right:
Original art is subject to resale right if the author is either a living artist (from the EU) or within 70
years after their death, a resale right is due on the hammer price from €2,000 onwards:
o 4% of the part of the sale price from €2,000 up to €50,000
o 3% of the part of the sale price from €50,000.01 up to €200,000
o 1% of the part of the sale price from €200,000.01 up to €350,000
o 0.5% of the part of the sale price from €350,000.01 up to €500,000
o 0.25% of the part of the sale price above €500,000
However, the maximum amount of the right may not exceed €12,500
Even if this amount is not collected when the invoice is issued, the customer can still be obliged to
pay this amount for 5 years following to comply with the resale right. All information about resale
right in Belgium can be found at https://resaleright.be.
Storage Costs and Payment Methods:
- Cash (for amounts up to €3,000)
- By bank transfer (transfer costs are borne by the buyer) to account:
IBAN: BE98 7370 6709 9993
BIC: KREDBEBB
Beneficiary: Ostantix Auctions BV
Beneficiary address: Torhoutsesteenweg 553, 8400 Ostend, Belgium
Bank: KBC Bank
Bank address: Marktstraat 18, 8620 Nieuwpoort, Belgium
- By card payment in the room, in the presence of the cardholder.
- By online card payment.
Goods must be collected within 14 days after the auction.
Storage costs apply after this period.
Default Interest and Costs:
Administrative costs and default interest are applied to unpaid invoices: On invoices not paid in full
within 30 calendar days from the auction date, the following default interest and costs are calculated:
On day 31: Administrative cost of 25 Euro per lot plus 1.5% of the total invoice amount.
For every 14 calendar days thereafter, an additional default interest is calculated at 1.5% of the total
invoice amount.
Packaging and Shipping:
Goods can be packaged and shipped at additional costs.
The order of packaging/shipping corresponds to the order of payment.
Even when insurance is taken, it does not cover all cases. When it does intervene, not always the full
purchase amount is covered. We will do what we can to assist you but cannot be held responsible for
any losses associated with it.
Bidding Options:
Bidding can be done by phone, online, or in writing.
Foreign bidders must identify themselves 24 hours before the auction.
Trader Identification:
Traders must identify themselves as such upon receiving the buyer's number.
Reoffer:
In case of reoffer, the item will be presented again.
The reofferer is liable for any losses.
Customs Regulations:
Buyers must respect customs regulations for their country. Our auction house cannot be held
responsible for any export problems.
CITES Regulation:
Buyers and sellers must be aware of CITES regulations.
Agreement to Terms:
By participating in the auction, you agree to these terms.
Right to Refuse:
The auction house reserves the right to refuse bidders or require a deposit.
Acknowledgment of Terms:
All buyers and sellers are assumed to have acknowledged these terms.
Disputes and Applicable Law:
In case of disputes, Belgian law applies, and the Court of Bruges has jurisdiction.
Terms and Conditions of Ostantix Auctions
Organizer:
Ostantix Auctions BV
Address: Torhoutsesteenweg 553, 8400 Ostend, Belgium
VAT Number: BE 0795.478.687
Contact Information:
Email Info: info@ostantix auctions.com
Email Support: support@ostantix auctions.com
Email Accounting: accounting@ostantix auctions.com
Auction Process:
The auction follows standard Belgian conditions for bidding auctions.
Payment:
Payment must be made within five working days after the last auction day.
According to anti money laundering laws, amounts exceeding €3,000 must be paid by check, credit
card, or bank transfer to our account.
Bidding Increments:
Bidding increments follow the following steps:
0-200 Euro: + 10 Euro
200-500 Euro: + 20 Euro
500-1000 Euro: + 50 Euro
1000-2000 Euro: + 100 Euro
2000-5000 Euro: + 200 Euro
5000-10000 Euro: + 500 Euro
10000-20000 Euro: + 1000 Euro
+ 50000 Euro: + 5000 Euro
Deviations are only possible with approval from the auctioneer and are not disputable.
Auction Fees:
The auction fees are 25% of the hammer price, plus an additional fee of 0 to 5% for online bids on
auction platforms.
Condition of Goods:
Goods are sold in their current condition at the time of allocation.
Goods Information:
Provided information is informative and not binding.
Buyers are encouraged to personally inspect the goods or request more details if anything is
unclear.
Complaints about condition, catalog description, dating, etc., are not accepted after allocation.
Color Deviations and Lens Distortion:
Please consider possible visual deviations in photos.
Color perception is subjective and can vary.
Lens distortion may occur, returns based on this are not accepted.
Damaged Goods during Viewing/Auction Days:
Damage by third parties to be auctioned goods must be reported.
Damage may lead to legal action and compensation.
Collection of Goods:
Buyers are responsible for their goods after allocation.
Collection times will be announced after the auction.
Identification:
Buyers must correctly identify themselves.
Bidding numbers are available shortly before the auction.
Personal information is handled discreetly and not shared.
Own Responsibility:
Buyers are expected to purchase at their own risk.
Placing a bid is binding.
Disputes:
Disputes will be settled by a bailiff/notary without recourse.
Resale Right:
Original art is subject to resale right if the author is either a living artist (from the EU) or within 70
years after their death, a resale right is due on the hammer price from €2,000 onwards:
o 4% of the part of the sale price from €2,000 up to €50,000
o 3% of the part of the sale price from €50,000.01 up to €200,000
o 1% of the part of the sale price from €200,000.01 up to €350,000
o 0.5% of the part of the sale price from €350,000.01 up to €500,000
o 0.25% of the part of the sale price above €500,000
However, the maximum amount of the right may not exceed €12,500
Even if this amount is not collected when the invoice is issued, the customer can still be obliged to
pay this amount for 5 years following to comply with the resale right. All information about resale
right in Belgium can be found at https://resaleright.be.
Storage Costs and Payment Methods:
- Cash (for amounts up to €3,000)
- By bank transfer (transfer costs are borne by the buyer) to account:
IBAN: BE98 7370 6709 9993
BIC: KREDBEBB
Beneficiary: Ostantix Auctions BV
Beneficiary address: Torhoutsesteenweg 553, 8400 Ostend, Belgium
Bank: KBC Bank
Bank address: Marktstraat 18, 8620 Nieuwpoort, Belgium
- By card payment in the room, in the presence of the cardholder.
- By online card payment.
Goods must be collected within 14 days after the auction.
Storage costs apply after this period.
Default Interest and Costs:
Administrative costs and default interest are applied to unpaid invoices: On invoices not paid in full
within 30 calendar days from the auction date, the following default interest and costs are calculated:
On day 31: Administrative cost of 25 Euro per lot plus 1.5% of the total invoice amount.
For every 14 calendar days thereafter, an additional default interest is calculated at 1.5% of the total
invoice amount.
Packaging and Shipping:
Goods can be packaged and shipped at additional costs.
The order of packaging/shipping corresponds to the order of payment.
Even when insurance is taken, it does not cover all cases. When it does intervene, not always the full
purchase amount is covered. We will do what we can to assist you but cannot be held responsible for
any losses associated with it.
Bidding Options:
Bidding can be done by phone, online, or in writing.
Foreign bidders must identify themselves 24 hours before the auction.
Trader Identification:
Traders must identify themselves as such upon receiving the buyer's number.
Reoffer:
In case of reoffer, the item will be presented again.
The reofferer is liable for any losses.
Customs Regulations:
Buyers must respect customs regulations for their country. Our auction house cannot be held
responsible for any export problems.
CITES Regulation:
Buyers and sellers must be aware of CITES regulations.
Agreement to Terms:
By participating in the auction, you agree to these terms.
Right to Refuse:
The auction house reserves the right to refuse bidders or require a deposit.
Acknowledgment of Terms:
All buyers and sellers are assumed to have acknowledged these terms.
Disputes and Applicable Law:
In case of disputes, Belgian law applies, and the Court of Bruges has jurisdiction.
Day 1: Ostantix Auctions | Art Antiques |
Date: 3 september 2024
Start auction: 10:00
Day 1 : lot number 1 till 465
Lieu de la vente :
Torhoutsesteenweg 553
Oostende, West-Vlaanderen 8400
Belgium
Expostions publiques:
28th of august till 1 September entre 10:00 – 17:00
Telephone: 0032 494 26 21 47
Buyer's Premium
25 % + 1,5 % Drouot
Day 1: Ostantix Auctions | Art Antiques |
Date: 3 september 2024
Start auction: 10:00
Day 1 : lot number 1 till 465
Lieu de la vente :
Torhoutsesteenweg 553
Oostende, West-Vlaanderen 8400
Belgium
Expostions publiques:
28th of august till 1 September entre 10:00 – 17:00
Telephone: 0032 494 26 21 47
Buyer's Premium
25 % + 1,5 % Drouot
Exhibition of lots
Change delivery address
You may use the carrier of your choice.
The indicated price does not include the price of the lot or the auction house's fees.
