rm sotheby's st moritz 2023

1970 Fiat 500 L With Trailer | St. Moritz 2023 | RM Sotheby's Racing Edge Projects Ltd, Ritchie Bros Auctioneers, RM Auctions Inc, RM Sotheby's, Silverstone Auctions Limited, The Collector Car Network, or Worldwide Auctioneers. Following any Assignment in accordance with the terms hereof, any reference in these Conditions of Business to any Rights that RMS is entitled to/obligated by under these Conditions of Business, shall be held by RMS on behalf of and for the benefit of itself and any Assignee(s). Please check back soon as our dedicated cataloguing team is preparing the description for this lot. 1960 Citron 2CV. Contingent upon clause 15.1. being satisfied, the Lots Title (as long as the Consignor does not owe RMS any money) will be returned to the Consignor either (i) upon expiration of the exclusivity period of the Auction Consignment Agreement or (ii) after commissions have been paid for the withdrawal of the Lot(s) (as outlined in clause 21 (Withdrawn Lot(s)).15.5. Further, all payments must be in the form of wire transfer unless other arrangements have been approved in advance. Consumer Protection Rights. 1966 Fiat 600 D. Offered Without Reserve. Such functionality is subject to delays beyond RMS control. When a Lot(s) is sold subject to a reserve, the auctioneer may bid on the Consignors behalf up to and including an amount not to exceed the amount of the reserve.15.2. Any dispute, claim, or controversy arising out of or relating to these Conditions or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions shall exclusively be subject to arbitration in accordance with the Swiss Rules of International Arbitration of the Swiss Arbitration Centre in force on the date on which the Notice of Arbitration is submitted in accordance with those Rules, and shall first be subject to mediation in accordance with the Swiss Rules of Mediation of the Swiss Arbitration Centre in force on the date when the request for mediation was submitted in accordance with these Rules as a condition precedent to arbitration. 5.1. In the event of a final Hammer Price above CHF 200.000,00 on all motor car Lot(s), RMS will receive a Buyers Premium of 15% (plus VAT on the Buyers Premium) on the first CHF 200.000,00 and will receive a Buyers Premium of 12.5% (plus VAT on the Buyers Premium) on the Hammer Price above CHF 200.000,00.9.5.3. 7. Lots Batteries: If RMS receives a Lot(s) with a dead battery, or shows signs of a draining battery, RMS will use commercially reasonable effort to install a new battery, and an automatic CHF 200,00 (or the local currency equivalent) replacement fee will be charged to the Consignor. RMS auctions held in St. Moritz, Switzerland will have the following Buyers Premium:9.5.1. Although the auctioneer shall be entitled to bid on the Consignors behalf in an amount not to exceed the amount of the Reserve (if applicable), the Consignor shall neither instruct nor permit any other person to bid on behalf of the Consignor for his/her/their Lot(s). 13.4. 20.1. 22.1.1.1.1. If, however, in violation of the foregoing, the Consignor (or his or her agent) bids on his/her/their Lot(s) and becomes the successful bidder, the Expenses and Fees and Buyers Premium on the Hammer Price shall be payable by the Consignor. If the Sale of the Lot(s) is cancelled for any of the reasons outlined in this clause, RMS has the right-of-first refusal to consign and sell the Lot(s) for up to one year from the date of cancellation. Please ensure that you read and understand these Bidders Conditions of Business (the Conditions of Business) prior to bidding on a motor car or any other lot (the Lot(s)) at this or any other RM Auctions, Inc.; RM Auctions Arizona, Inc.; RM Auctions Limited; RM Licenses LLC; RM Auctions Italia S.R.L. RMS may unilaterally retain funds from the Buyer if the Consignor has breached the terms outlined in these Conditions.37. St. Moritz. THE CONSIGNORS AND RMS DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY; ORIGIN OR PROVENANCE; PREVIOUS USE OR OWNERSHIP; MANUFACTURING OR RESTORATION PROCESSES; YEAR OR AGE; SERIAL NUMBER, MAKE, OR MODEL; OPTIONS AND TOOLS; ENGINE HOURS; AND MILEAGE OF ANY LOT(S) OR COMPONENT OF ANY LOT(S), AND THEY SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. Buyers of all non-motor car Lot(s), including but not limited to memorabilia, motorcycles, boats, trailers, jewelry, clothing, and automobile parts, accessories, tools, and/or engines are required to pay RMS a Buyers Premium of 20% (plus VAT on the Buyers Premium) on the Hammer Price of those particular Lot(s).9.6. Once made, no Bidder may retract a bid made during the auction for any reason.6.6. Reserves. No Legal or Tax Advice. Any natural disaster which, despite reasonable efforts, restricts RMS from holding the auction in its contemplated form;17.1.1.2. Reserve:8.1. 1960 Fiat 600 Multipla Ambulanza. Further, all payments must be in the form of wire transfer unless other arrangements have been approved in advance.13.6. RM Sotheby's on Twitter: "The Iseli Collection is coming to our St. Moritz auction on September 15, 2023. RM Sotheby's St. Moritz (2023) - CLASSIC.COM Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to hold an auction that necessitate or make prudent a cancellation.18. Operating, servicing, and maintaining a passenger vehicle or off-road vehicle can expose you to chemicals including engine exhaust, carbon monoxide, phthalates, and lead, which are known to the State of California to cause cancer and birth defects or other reproductive harm. Failure of RMS to comply with the terms of this agreement may be in violation of statute, which could result in criminal or administrative sanctions, or both. 14.1.3. It is the absolute requirement of the Consignor that they provide any and all titles, registration documents, or appropriate documents evidencing the Consignors ownership and/or government registrations (such as Purchase Agreements and Bills of Sale) (Titles) to the Lot(s) to RMS prior to the auction of the Lot(s).10.2. The Magical Iseli Collection set to come to St. Moritz in September and Consumer Protection Rights: 35.1. Known as the world's most beautiful vintage racing competition, the 'International St. Moritz Automobile Week' encompasses several events between 2-11 September. Structural damage to the auction venue prior to the auction which, despite reasonable efforts, restricts RMS from holding the auction in its contemplated form; and17.1.1.3. Any dispute, claim, or controversy arising out of or relating to these Conditions of Business or the breach, termination, enforcement, interpretation, or validity thereof, including the determination of the scope or applicability of these Conditions of Business shall exclusively be subject to arbitration in accordance with the Swiss Rules of International Arbitration of the Swiss Arbitration Centre in force on the date on which the Notice of Arbitration is submitted in accordance with those Rules, and shall first be subject to mediation in accordance with the Swiss Rules of Mediation of the Swiss Arbitration Centre in force on the date when the request for mediation was submitted in accordance with these Rules as a condition precedent to arbitration. RMS faces significant reputational damages that would cause monetary damages for offering or selling the Lot(s); 18.1.5. Bid update and other notification functionality may not occur in real time. Any dispute, claim, or controversy arising out of or relating to these Conditions of Business or the breach, termination, enforcement, interpretation, or validity thereof including, the determination of the scope or applicability of these Conditions of Business, shall exclusively be subject to arbitration and shall first be subject to mediation as a condition precedent to arbitration. Offered Without Reserve. Judgment on the award may be entered in any court having jurisdiction. Estimates: Any pre-sale estimates are intended as guides for prospective Bidders. RMS reserves the right to make the reasonable determination as to whether a Consignor meets the definition of Business, provided that such determination is not inconsistent with applicable law. If planning to pay via cryptocurrency the Bidder must, prior to the opening of the auction, complete all Bidder Registration Requirements and contact RMS Client Service department at clientservices@rmsothebys.com for further information on potentially utilizing BitPay to facilitate the use of cryptocurrency. For any purchases under $5,000.00 (or the equivalent currency in which the Lot(s) is offered for sale), the Buyer acknowledges and agrees that his/her credit card against which the CC Hold (defined below) has been taken will automatically be used as the payment method for the Hammer Price of the Lot(s), applicable Buyers Premium, and Expenses and Fees. Taxes. Buyers of all non-motor car Lot(s) including, but not limited to, memorabilia, motorcycles, boats, trailers, jewelry, clothing, and automobile parts, accessories, tools, and/or engines are required to pay RMS a Buyers Premium of 20% on the Hammer Price of those particular Lot(s).9.3. If the Removal Deadline is not met, the Consignor will be required to pay a daily storage fee of up to CHF 100,00 plus VAT per Lot(s) until full payment and instructions for transport have been received. RM Sotheby's on LinkedIn: The Iseli Collection is coming to our St The Consignor authorizes RMS, at RMS sole discretion, to impose on any Buyer, and retain for RMS account, a late charge if payment is not made in accordance with the Contractual Obligations.11.2. Chassis No. RMS auctions held in either Fort Lauderdale, Florida; Auburn, Indiana; or Hershey, Pennsylvania will have the following Buyers Premium:9.3.1. RMS may share personal information with delivery and logistics companies for the purpose of arranging shipment and transport of purchased lots. In the event of a non-payment, the Buyer will INDEMNIFY, DEFEND (WITH RMS SOLE CHOICE OF COUNSEL), AND HOLD RMS AND ITS AFFILIATES HARMLESS FROM ANY CLAIMS, DEMANDS, LOSSES, EXPENSES, DAMAGES, COSTS, ACTIONS, AND LIABILITIES INCLUDING, AND WITHOUT LIMITATION TO, COURT COSTS AND ATTORNEYS FEES, OF WHATEVER KIND OR NATURE THAT MAY OR MAY NOT OCCUR, WHETHER KNOWN OR UNKNOWN, ON THE ACCOUNT OF, ARISING OUT OF, OR RELATED TO THE LOT(S), THE NON-PAYMENT, OR RMS ACTIONS TAKEN IN ACCORDANCE WITH CLAUSE 14.1.15. Further, all payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Please note that:5.2.1. As a Bidder, you are agreeing to be bound by these Conditions of Business for the RMS auction. Offered Without Reserve. RMS auctions held in either Paris, France; Monte Carlo, Monaco; or Milan, Italy will be conducted in EUR () and all payments are required to be made in EUR (). Judgment on the award may be entered in any court having jurisdiction. Auction Details Results Stories. 1961 Jaguar E-Type Series 1 3.8-Litre Roadster. Details Photos Additional Information. Customs charges will be levied appropriately depending on each individual scenario and will be payable directly to the relevant authorities, which RMS will provide the details of as and when necessary.34.3. Further information on the use of personal information for the purpose of shipment and transport of purchased lots may be found by reviewing the Privacy Policies of the delivery and logistics companies directly. If the Consignor withdraws one or more of the Lot(s) from the auction after the signing of these Conditions or otherwise sells the Lot(s) in violation of these Conditions, within 10 business days of RMS providing notice, the Consignor will pay RMS the Buyers Premium plus VAT and 50% of the Sellers Commission plus VAT (if the Sellers Commission is either listed as 0% or, waived in the Specific Information or Specific Conditions of the Auction Consignment Agreement, for the purposes of this clause, the Sellers Commission will be 5% plus VAT) that would have been due under these Conditions of the Lot(s) (a) Reserve; (b) if offered without Reserve, then the Lots published low estimate; or (c) if no published low estimate, then the Lots fair market value as determined by RMS.22. 21.1.2. Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to sell the Lot(s) at the auction that necessitate a cancellation; or17.1.8. 7.2. Specifically, if a boat Lot(s) is not removed by the RMS Removal Deadline, RMS will remove the boat Lot(s) and the Buyer is required to pay RMS a removal fee plus VAT per boat Lot(s) and a daily storage fee plus VAT per boat Lot(s). Please note that, even if a Bidder has satisfied and/or met some or all of the Bidder Registration Requirements for previous RMS auctions, all Bidders will be required to satisfy and/or meet the Bidder Registration Requirements for the auction specifically prior to being accepted to bid.6.3. Bidders agree that they are making use of the Services at their own risk and, that the Services are being provided to Bidders on an AS AVAILABLE and AS IS basis. It is the Bidders responsibility to provide proof of exemption from sales tax. Absentee and Telephone Bidding. 8.3. Lot(s) Description:12.1. 4.1.1. In order to assist Bidders with this process, RMS may provide information about the tax status of each Lot(s) as well as any ownership or registration papers that will be supplied with the respective Lot(s) (Tax and Ownership Information); however, this information is being provided merely to assist Bidders in their determination of their own tax and regulatory responsibilities. The Bidder agrees to provide all information and assistance reasonably requested by RMS to comply with RMS internal anti-money laundering process and to comply with any and all applicable anti-money laundering laws and regulations.27. Contemporary Art. As used in these Conditions, a Sale occurs between the Consignor and the Buyer when the hammer or equivalent device or mechanism drops on the Hammer Price or when the auctioneer awards the Lot(s) to the highest bidder (Sale). Occasionally, RMS may own a Lot(s) (and, in such circumstances, acts in a principal capacity as the seller) and/or may have a legal, beneficial, or financial interest in a Lot(s) as a secured creditor or otherwise, in which case RMS will disclose such interest with the appropriate Symbols and/or Legend referenced in the auction catalogue and/or auction Lot(s) description on the Website.2. 33. If mediation is unsuccessful, the parties shall proceed to arbitration in London, England before one arbitrator and, all proceedings shall be conducted in English. 1976 Cadillac Eldorado. Inquire. 10.3.2. If there is a discrepancy, contradiction, or question of interpretation regarding enforceability between the English version of the Conditions and a version of the Conditions produced in a language other than English, the English version of RMS Conditions will supersede.40.2. These Conditions of Business are an important legal document. RMS is not responsible for the acts or omissions in our packing or shipping of purchased Lot(s) or of other carriers or packers of purchased Lot(s), whether or not recommended by RMS. RMS auctions held in either Paris, France; Monte Carlo, Monaco; or Milan, Italy will have the following Buyers Premium:9.4.1. In the event of a final Hammer Price of $250,000.00 USD and below on all motor car Lot(s), RMS will receive a Buyers Premium of 12%.9.2.2. The application of the United Nations Convention on Contracts for the International Sale of Goods (CISG) shall be excluded. 35.3. Upcoming; Vehicles Available; Automobilia Available; Results; Register to Bid; Private Sales . For RMS auctions held in London, United Kingdom:22.2.1. 15.3. Privacy Policy and If the Lot(s) is sold by RMS during the term of these Conditions, RMS will make reasonable efforts to disburse the money due to the Consignor within 21 business days after the purchase price, applicable commissions, and Expenses and Fees have been received by RMS from the Buyer, in accordance with the terms of these Conditions and no claim or Dispute has been raised by the Buyer.7.3. Material issues regarding title, registration, or transfer of ownership that cannot be reasonably cured or, RMS believes would expose it to claims or disputes from a third party; 18.1.6. RM Sotheby's held its first-ever sale in Switzerland at the beautiful Swiss mountain resort of St. Moritz in association with the Bernina Gran Turismo on 17 September 2021 in the Kempinski Grand Hotel des Bains. The Buyer acknowledges that delays in transferring titles including, due to delays at government Motor Vehicle departments, happen from time-to-time and, the Buyer will hold RMS harmless from any allegations of damages arising out of government delays. In the event of a non-payment, the Consignor will INDEMNIFY, DEFEND (WITH RMS SOLE CHOICE OF COUNSEL), AND HOLD RMS AND ITS AFFILIATES HARMLESS FROM ANY CLAIMS, DEMANDS, LOSSES, EXPENSES, DAMAGES, COSTS, ACTIONS, AND LIABILITIES, INCLUDING WITHOUT LIMITATION TO COURT COSTS AND ATTORNEYS FEES, OF WHATEVER KIND OR NATURE THAT MAY OR MAY NOT OCCUR, WHETHER KNOWN OR UNKNOWN, ON THE ACCOUNT OF, ARISING OUT OF, OR RELATED TO THE LOT(S), THE NON-PAYMENT, OR RMS ACTIONS TAKEN IN ACCORDANCE WITH CLAUSE 11.1. A temporary import bond is used in all EU sales. RM Sotheby's conducted its first-ever boutique Swiss sale grossing an exceptional CHF16.5 million with eight lots exceeding CHF1 million. Offered Without Reserve. In order to register to bid onsite at auction, Bidders must pay a registration fee as outlined below: 5.1.1. To be clear, the bid price stated by the auctioneer is the prevailing and binding bid price.24. Government/court actions, orders, injunctions, regulations, laws, or non-compliance with applicable rules, regulations, or laws to hold the auction that necessitate or make prudent a cancellation.16.2. The boutique sale with only two dozen lost on offer grossed CHF16,494,625 with eight cars selling for over a million dollar each. The Conditions of Business displayed on RMS website; 1.2.3. Auctions. Non-Payment. The Consignor warrants that the Lot(s) is in a safe, operable condition to be driven or moved by RMS employees or representatives. If RMS in its sole discretion has reason to believe or is notified of the (i) Consignors breach of the Contractual Obligations, (ii) alleged breach of the Contractual Obligations, (iii) Consignors actions could potentially cause RMS liability, and/or (iv) Buyer raises concerns regarding the Lot(s) originality, character, features, condition, correctness, authenticity, or history or description (collectively, the Dispute), RMS, at its sole discretion, may withhold payment to the Consignor until the Dispute has been resolved; further, RMS may deduct any sums that are due to it from the sum held.8. Any natural disaster that, despite reasonable efforts, restricts RMS from holding the auction in its contemplated form; 16.1.1.2. SPECIFICALLY FOR RMS AUCTIONS HELD OUTSIDE OF THE UNITED STATES:34. 13.1. 30.4. If the Buyer does not pay RMS, then at RMS sole discretion, RMS may cancel the Sale and return the Lot(s) to the Consignor, enforce payment by the Buyer, or take other actions permitted by law. RMS auctions held in St. Moritz, Switzerland:22.3.1. Please check back soon as our dedicated cataloguing team is preparing the description for this lot. The Consignor may not Assign the Rights that the Consignor is entitled to/obligated by, under these Conditions to any other individual or entity without the express written permission of RMS.30. If the Lot(s) is not removed from the storage facility within one calendar year of the RMS Removal Deadline and, other arrangements have not been made, RMS has the right to (i) auction the Lot(s), (ii) retain its standard Buyers Premium and Expenses and Fees, and (iii) return the remaining funds, if any, to the Buyer within 30 business days of the sale.23. Why Sell With RM Sotheby's; Collections & Estates; Start Selling; 1960 Fiat 600 | St. Moritz 2023 | RM Sotheby's . All Motor Vehicles American Sports & Muscle Cars Automobilia British Cars European Racing Cars European Sports Cars Ferrari French Cars German Cars Italian Cars Jaguar Japanese Imports & Sports Cars Mercedes-Benz Modern Sports Cars Porsche Post-War European Classics Supercars . If the Lot(s) does not sell at the auction at which it was offered, the Consignor grants RMS the authority for up to 90 business days after the auction to (a) list the Lot(s) for Sale on RMS Private Sales website, (b) advertise, in other media at RMS discretion, the Lot(s) for Sale, and (c) if there was a Reserve agreed to between the parties, unilaterally sell the Lot(s) for an amount equal to or greater than the Reserve.10. RMS auctions held in the United States will be conducted in United States Dollars ($) and all payments are required to be made in United States Dollars. As the Consignors Lot(s) could be shipped to a location where below-freezing temperatures are a possibility, it is the Consignors responsibility to ensure that, within the last 6 months, they have winterized their Lot(s) for shipping in freezing temperatures. The Buyer is required to insure their Lot(s) while the Lot(s) is being stored on their behalf; and 22.4.3. 13. Buyers of all non-motor car Lot(s) including, but not limited to, memorabilia, motorcycles, boats, trailers, jewelry, clothing, and automobile parts, accessories, tools, and/or engines are required to pay RMS a Buyers Premium of 20% (plus VAT on the Buyers Premium) on the Hammer Price of those particular Lot(s).9.7. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. If the sale is canceled, RMS is under no obligation to pay the Consignor for the Lot(s), and the Lot(s) will be deemed to have not sold. For Auctions Held in St. Moritz, Switzerland: These Conditions of Business shall be interpreted in accordance with Swiss laws, without regard to choice of law principles. Nothing in this clause shall affect any Buyer(s) legal rights that shall apply against RMS or the Consignor as a result of any applicable laws.35.1.1. If there is no Reserve, indicate clearly by writing N/A, NONE, or otherwise striking through in the space provided in the Specific Information of the Auction Consignment Agreement.8.2. Lot(s) descriptions, statements printed in catalogues or online content, pre-mailers, advertisements, brochures, signs, and window cards, as well as verbal statements made by Consignors, auctioneers, or auction staff, are based on statements and historical files, if any, collected from the Consignor and other third-party sources, and RMS has no obligation to verify or authenticate any such statements. Details. RM Sotheby's St. Moritz sale provides collectors and enthusiasts with the ultimate classic and collector car experience in the luxurious and beautiful surroundings of the St. Moritz region. RM Sotheby's returns to the beautiful Swiss mountain resort of St. Moritz for our second annual sale on 9 September 2022, held in association with the Internationale St. Moritzer Automobilwochen. Cash payments will be reported according to U.S. federal government requirements.13.5. The Consignor will be required to remove the Lot(s) from the secure storage facility by 5:00 p.m. of the next business day in the jurisdiction where the auction was held or, such other period that RMS may designate (Removal Deadline).15.4. The Consignor acknowledges that RMS has incurred and will incur significant costs preparing, advertising, marketing, and promoting the Lot(s) for the auction.21.2. 14.1.2. A CHF 100,00 registration fee for St. Moritz, Switzerland. 6.11. This clause shall not preclude the parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. If the Bidder does not satisfy and/or meet the Bidder Registration Requirements, RMS, at its sole discretion, may not allow the Bidder to register to bid at the auction.6.4.

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