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    Re: Results Archived Message

    Posted by Maria Olivia on September 30, 2015, 3:40 pm, in reply to "Re: Results"

    The French State refused to sell 3 items ea the Portrait of King Louis XIII by Ph de Champaigne from Belgium ! The Portrait of the Duchesse d' Orleans by Elisabeth Vigée-Lebrun . They must stay in France.

    The pre-emption right came here from Museums for historic Paintings and one Decoration of the Order of le Saint esprit: Versailles, Louvre , Chateau d'Eu , Légion d' Honneur and Chantilly (painting of the Horse Baba Ali)

    For Sotheby's I logged in two times yesterday and to-day and was very interested by the way of doing by the best Auction Houses : the floor (attendance), Telephone, internet.

    Applause for The most expensive item the Sevres Royal Service of Queen Amelie (450.000 euros)
    and each time there was the pre-emption right with the name of the Museum .

    Total result 6.221.665 euros.

    For jewels : Van cleef Brooch (1971) 6.800 euros,
    2 Hermes brooches 1.500 euros , one pink sapphire ring : 1.200 euros + taxes....

    --Previous Message--
    : " Droit de préemption " is
    : translated in English by "pre-emption
    : right", I think.
    :
    : It means that the French State buys the item
    : in place of the last bidder, at the price
    : then reached by the auction. The last bidder
    : can not oppose it.
    :
    : I don´t remember, though, if the State has a
    : pre-determined extension of time to collect
    : the money and pay the required price
    : (otherwise the last bidder finally gets the
    : item).
    :
    :
    :



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