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www.adams.ieImportant Irish Art | 28th September 2016
General Terms and Conditions of Business
The Auctioneer carries on business on the following terms and conditions and on such other terms or conditions as may be expressly agreed with the Auctioneer or set out in any relevant Catalogue. Conditions 12-21
relate mainly to buyers and conditions 22-32 relate mainly to sellers. Words and phrases with special meanings are defined in condition 1. Buyers and sellers are requested to read carefully the Cataloguing Practice and
Catalogue Explanation contained in condition 2.
DEFINITIONS AND GENERAL CONDITIONS
DEFINITIONS
1. In these conditions the following words and expressions shall have the following meaings:
‘Auctioneer’ – James Adam & Sons.
‘Auctioneer’s Commission’ – The commission payable to the Auctioneer by the buyer and seller as speci-
fied in conditions 13 and 25.
‘Catalogue’ – Any advertisement, brochure, estimate, price list or other
publication.
‘Forgery’ – A Lot which was made with the intention of deceiving with regard to authorship, culture,
source, origin, date, age or period and which is not shown to be such in the description therefore in the
Catalogue and the market value for which at the date of the auction was substantially less than it would
have been had the Lot been in accordance with the Catalogue description.
‘Hammer Price’ – The price at which a Lot is knocked down by the Auctioneer to the buyer.
‘Lot’ – Any item which is deposited with the Auctioneer with a view to its sale at auction and, in particular,
the item or items described against any Lot number in any Catalogue.
‘Proceeds of Sale’ – The net amount due to the seller being the Hammer Price of the Lot after deducting
the Auctioneer’s Commission thereon under condition 25 the seller’s contribution towards insurance
under condition 26, such VAT as is chargeable and any other amounts due by the seller to the Auctioneer
in whatever capacity howsoever arising.
‘Registration Form or Register’ – The registration form (or, in the case of persons who have previously
attended at auctions held by the Auctioneer and completed registration forms, the register maintained by
the Auctioneer which is compiled from such registration forms) to be completed and signed by each pro-
spective buyer or, where the Auctioneer has acknowledged pursuant to condition 12 that a bidder is act-
ing as agent on behalf of a named principal, each such bidder prior to the commencement of an auction.
‘Sale Order Form’ – The sale order form to be completed and signed by each seller prior to the commence-
ment of an auction.
‘Total Amount Due’ – The Hammer Price of the Lot sold, the Auctioneer’s Commission due thereon under
condition 13, such VAT as is chargeable and any additional interest, expenses or charges due hereunder.
‘V.A.T.’ – Value Added Tax.
Cataloguing Practice and Catalogue Explanations
2. Terms used in Catalogues have the following meanings and the Cataloguing Practice is as follows:
The first name or names and surname of the artist;
In the opinion of the Auctioneer a work by the artist.
The initials of the first name(s) and the surname of the artist;
In the opinion of the Auctioneer a work of the period of the artist and which may be in whole or in part
the work of the artist.
The surname only of the artist;
In the opinion of the Auctioneer a work of the school or by one of the followers of the artist or in his style.
The surname of the artist preceded by ‘after’;
In the opinion of the Auctioneer a copy of the work of the artist.
‘Signed’/’Dated’/’lnscribed’;
In the opinion of the Auctioneer the work has been signed/dated/inscribed by the artist.
‘With Signature’/’with date’/’with inscription’;
In the opinion of the Auctioneer the work has been signed/dated/inscribed by a person other than the
artist.
‘Attributed to’;
In the opinion of the Auctioneer probably a work of the artist.
‘Studio of/Workshop of’
In the opinion of the Auctioneer a work executed in the studio of the artist and possibly under his super-
vision.
‘Circle of’;
In the opinion of the Auctioneer a work of the period of the artist and showing his influence.
‘Follower of’;
In the opinion of the Auctioneer a work executed in the artist’s style yet not necessarily by a pupil.
‘Manner of’;
In the opinion of the Auctioneer a work executed in artist’s style but of a later date.
‘*’;
None of the terms above are appropriate but in the Auctioneer’s opinion the work is a work by the artist
named.
GENERAL CONDITIONS
Auctioneer Acting as Agent
3. The Auctioneer is selling as agent for the seller unless it is specifically stated to the contrary. The Auctioneer
as agent for the seller is not responsible for any default by the seller or the buyer.
Auctioneer Bidding on behalf of Buyer
4. It is suggested that the interests of prospective buyers are best protected and served by the buyers attend-
ing at an auction. However, the Auctioneer will, if instructed, execute bids on behalf of a prospective buyer.
Neither the Auctioneer nor its employees, servants or agents shall be responsible for any neglect or default in
executing bids or failing to execute bids.
Admission to Auctions
5. The Auctioneer shall have the right exercisable in its absolute discretion to refuse admission to its premises
or attendance at its auctions by any person.
Acceptance of Bids
6. The Auctioneer shall have the right exercisable in its absolute discretion to refuse any bids, advance the bid-
ding in any manner it may decide, withdraw or divide any Lot, combine any two or more Lots and, in the case
of a dispute, to put any Lot up for auction again.
Indemnities
7. Any indemnity given under these conditions shall extend to all actions, proceedings, claims, demands,
costs and expenses whatever and howsoever incurred or suffered by the person entitled to the benefit of
the indemnity and the Auctioneer declares itself to be a trustee of the benefit of every such indemnity for its
employees, servants or agents to the extent that such indemnity is expressed to be for their benefit.
Representations in Catalogues
8. Representations or statements made by the Auctioneer in any Catalogue as to contribution, authorship,
genuineness, source, origin, date, age, provenance, condition or estimated selling price or value is a statement
of opinion only. Neither the Auctioneer nor its employees, servants or agents shall be responsible for the accu-
racy of any such opinions. Every person interested in a Lot must exercise and rely on their own judgment and
opinion as to such matters.
9. The headings of the conditions herein contained are inserted for convenience of reference only and are not
intended to be part of, or to effect, the meaning or interpretation thereof.
Governing Law
10. These conditions shall be governed by and construed in accordance with Irish Law.
Notices
11. Any notice or other communication required to be given by the Auctioneer hereunder to a buyer or a seller
shall, where required, be in writing and shall be sufficiently given if delivered by hand or sent by post to, in the
case of the buyer, the address of the buyer specified in the Registration Form or Register, and in the case of
the seller, the address of the seller specified in the Sale Order Form or to such other address as the buyer or
seller (as appropriate) may notify the Auctioneer in writing. Every notice or communication given in accordance
with this condition shall be deemed to have been received if delivered by hand on the day and time of delivery
and if delivered by post three (3) business days after posting.