Auction 359

The auction will take place on 4 December, starting at 03:00 pm CET, at Bertolami Fine Art S.r.l.Piazza Lovatelli, 1 – 00186 Rome.

1st Part - From the second half of the XIX Century to 1940’

Including German Expressionist Prints and Drawings

4 December 2025, starting at 3:00 pm: lots 1-132

II Parte - Arte del Dopoguerra e Contemporanea

4 December 2025, starting at 5:30 pm CET: lots 133-235

1. How to participate

You may participate in one of the following ways:

in person;

by telephone;

online upon registration on our website www.bertolamifineart.com, or on our partner portals (see list below);

by submitting a written absentee bid, to be received no later than 12:00 pm CET on Thursday, 4 December 2024.

a. Saleroom

Unacquainted customers who have not previously registered must provide a valid identity document.

b. Telephone

You may bid by telephone during the auction, with the assistance of one of our staff members. To participate by telephone, you must register by 12:00 pm CET on Thursday, 4 December, specifying the lots you intend to bid on and providing a contact telephone number. Registered clients will be called on the number provided shortly before the lots of interest are due to be auctioned.

Please note: Telephone registration shall be deemed a written bid at the lot’s starting price, as indicated in the catalogue.

To register for telephone bidding, please fill out the appropriate bid form

(For further info: T +39 06.32609795 - +39 06.3218464 - info@bertolamifineart.com)

c. Online

You can participate in real time by registering on our website www.bertolamifineart.com or on the following partner platforms:

Note: registration on www.bertolamifineart.com requires users to upload a valid ID. Registration is considered complete only upon receipt of a confirmation email from the auction house.

Assistance

Should you encounter any difficulties completing your registration or if you do not receive the confirmation email, please contact us at:

info@bertolamifineart.com - +39 06 32609795

d. Absentee

Absentee bids may be submitted by filling out the appropriate absentee bid form, or also by means of a free text. Absentee bids must be submitted by 12:00 am CET on Thursday 4 December. Bids may be sent via e-mail (info@bertolamifineart.com), by post, or delivered to our offices in Piazza Lovatelli 1 – 00186 Rome. The written bid constitutes authorisation for the auctioneer to place bids on behalf of the signatory.

2. Lot Viewing

Lots will be available for viewing from 1 to 3 December 2025, between 10:30 am – 1:30 pm and 03:00 pm – 06:30 pm CEST atPalazzo Caetani Lovatelli – Piazza Lovatelli, 1 – 00186 Rome

3. Pre-bidding

From the publication of the online catalogue until 12,00 CET of Thursday, 4 December, you may:

- place online bids on www.bertolamifineart.com or via the partner portals as listed in Section 1c;

- submit absentee bids as outlined in Section 1d.

In the event of:

One single pre-auction bid on a lot

In the absence of additional bids during the auction, the lot will be awarded at the starting price even if the sole bid received is higher (the pre-auction bid represents the maximum amount the bidder is willing to pay).

Example: Starting price € 1,000 – Single pre-auction bid € 1,500 – Lot awarded at € 1,000

Multiple pre-auction bids of the same amount on the same lot

In the absence of additional bids during the auction, the lot will be awarded to the earlier bidder.

Multiple pre-auction bids of the same amount on the same lot submitted via different portals

In the absence of additional bids during the auction, if bids of the same amount have been placed through different portals, the lot will be awarded to the bidder who placed the bid on www.bertolamifineart.com, even if this bid was submitted after those placed on the partner portal Bidinside.

Multiple pre-auction bids of different amounts on the same lot

In the absence of additional bids during the auction, the lot will be awarded to the highest pre-auction bidder. The hammer price will be calculated by adding a predetermined increment, as set out in the table below (Table A), to the amount of the next lowest bid.

Example: Bidder A €1,270, Bidder B €1,800. Bidder B wins, not at €1,800, but at €1,370. The automatic increment of €100 for bids within the €1,000–1,999 range is applied to the immediately lower bid.

4. Payment

Successful bidders may choose from the following payment methods:

Credit card (Visa, MasterCard, American Express);

PayPal;

Bank transfer to: Bertolami Fine Art S.r.l. (for non-EU bank transfers, please add €10 to the total invoice amount);

Cash (within the legal limit);

For known clients only: non-transferable bank cheque or banker’s draft payable to Bertolami Fine Art S.r.l. (for foreign cheques, please add €10 to the invoice total)

Settlement of the invoice must be made within five (5) days of its receipt.

Late payment penalty: beginning on the 31st day after the auction, overdue invoices will incur an interest charge of 1% per month on the unpaid balance.

Note:Invoices paid via cheque, cash, or bank transfer are exempt from administrative fees.Payments made via credit card and PayPal are subject to additional charges:

Credit card: +1.5%PayPal: +3.5%

5. Buyer’s Premium

The buyer shall pay Bertolami Fine Art a commission calculated on the final hammer price of each lot, as follows:

28% on the portion of the price up to €10,000;26% on the portion of the price from €10,001 to €400,000;

24% on the portion of the price exceeding €400,000.

An additional commission applies to lots purchased online via www.bertolamifineart.com or partner platforms, as detailed below:

www.bertolamifineart.com +1 %

Bidspirit + 1,5%

6. Additional Charges

 Shipping costs, any applicable customs duties, and fees associated with the issuance of export permits (such as the Certificate of Free Circulation or other ministerial authorisations) are the sole responsibility of the purchaser.

In the event of unwarranted returns, the buyer shall also bear all resulting customs and shipping costs.

7. Lot Description

Acting as an agent on behalf of the seller, Bertolami Fine Art S.r.l. accepts no responsibility for the origin, descriptions, or valuations of the lots included in the catalogue, condition reports, or any other illustrative material. All such descriptions are purely indicative and should be regarded as the personal opinions of our experts.

8. Export Licences and Permits

 The delivery of lots outside Italian territory may be subject to the provisions of the Italian Cultural Heritage Code (Legislative Decree 42/2004 and subsequent amendments), which regulates the export of items of cultural interest.

If the purchased item requires a certificate or ministerial authorisation for export, the relevant application must be submitted to the Export Office of the Ministry of Culture.

The auction house does not handle the submission of the application directly, but can provide the buyer with informational support and contacts of logistics partners able to assist with the procedure. The average processing time is approximately 60–90 days for an Export License (“Attestato di Libera Circolazione”, pursuant to Article 68 of the Cultural Heritage Code) and about 30 days for a Self-Certification.

The auction house declines all responsibility for any delays, which are solely attributable to the competent authorities.

9. Terms and Conditions of Sale

 The full Terms and Conditions of Sale governing the relationship between Bertolami Fine Art and its clients are published in every catalogue.

Participation in the auction implies full acceptance of these terms, therefore we strongly advise all clients to read them carefully.

In case of any discrepancy between the printed and the online catalogue, the online version shall prevail.

10. Publication of Auction Results

Auction results will be published for information purposes on www.bertolamifineart.com within ten (10) days of the auction’s conclusion.

11. Lot Delivery

Lots will be released only upon receipt of full payment.

All delivery arrangements must be coordinated with our Head of Logistics, Ms Alessandra Tabacco: a.tabacco@bertolamifineart.com

On-site collection

Lots may be collected in person by appointment only, to be scheduled in advance with Ms Tabacco. Appointments are scheduled during regular business hours (excluding weekends and public holidays.

Shipping

Bertolami Fine Art does not provide in-house shipping services.However, BFA is able to assist customers by recommending professional, reliable couriers, with a proven track record. Clients may request a non-binding quotation directly from these providers.Clients remain free to appoint a courier of their own choosing.

Bertolami Fine Art accepts no liability for the actions of third-party shipping providers.

TABLE AAUTOMATIC BIDDING INCREMENTS

Bid Amount € Automatic Increment €

0-99 5

100-199 10

200-499 20

500-999 50

1.000-1.999 100

2.000-4.999 200

5.000-9.999 500

10.000-19.999 1.000

20.000-49.999 2.000

50.000+ 5.000