Delivery of the works
Upon delivery of the works, a mandate to sell will be drawn up, containing the description of the lots delivered, the minimum price (reserve price) at which the item may be awarded, and the commission in favour of the Auction House.
Only for lots awarded, the Auction House shall retain a commission* inclusive of VAT and all expenses incurred (photography, cataloguing, printing, advertising, etc.). An exception to this are the expenses that may be necessary for the execution of a certificate of authenticity, which, subject to agreement between the parties, will be advanced by Pananti Casa d'Aste srl and reimbursed by the client, with a surcharge of 20% as secretarial expenses, even if the object is not sold.