Page 56 - March 17, 2020 Imperial Jade and Cloisonne, Sotheby's, New York
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10. Reserve All lots in this catalogue are   Under European data protection laws,   the original purchaser of record’s cost the   Upon the closing of each lot, you will receive   following the sale, the invoice prevails. Terms   initially available for viewing, then Sotheby’s   (ii) the joint owner of a lot. If the interested   included in the purchase price and, where
       offered subject to a reserve, which is the   a client may object, by request and free   reports of two independent and recognized   push notification (if enabled on your device)   and conditions for payment and collection of   will notify bidders that there is a guarantee on   party is the successful bidder, they will be   applicable, sales tax will be added to the
       confidential minimum hammer price at   of charge, to the processing of their   experts in the field, mutually acceptable   indicating whether you have won or lost each   property remain the same regardless of how   the lot by one or more of the following means:   required to pay the full buyer’s premium and   purchase price as per our Sales and Use
       which a lot will be sold. No reserve will   information for certain purposes, including   to Sotheby’s and the original purchaser   lot on which you have placed a bid.  the winning bid was submitted.  the lot’s specific webpage will be updated   overhead premium. In certain instances,   Tax section.
       exceed the low presale estimate stated in   direct marketing, and may access and   of record. Sotheby’s shall not be bound   Please note in certain circumstances, clients   8. Sotheby’s is not responsible for any   to include the guaranteed property symbol,   interested parties may have knowledge of
       the catalogue, or as amended by oral or   rectify personal data relating to them   by any reports produced by the original   who have been outbid may be reinstated   errors or failures to execute bids placed   a notice will be added to the Sotheby’s   the reserve. If this auction has a printed   2.  BEFORE THE AUCTION
       posted notices. We may implement such   and may obtain more information about   purchaser of record, and reserves the   as the leading bidder and would receive   online, including, without limitation, errors   webpage for the auction, or a pre-sale or pre-  catalogue, a PDF catalogue or both and the
       reserve by opening the bidding on behalf   Sotheby’s data protection policies by writing   right to seek additional expert advice at its   notification via email or push notification, if   or failures caused by (i) a loss of connection   lot announcement will be made indicating   interested party’s possible participation   Bidding in advance of the live auction
       of the Consignor and may bid up to the   to Sotheby’s, 34-35 New Bond Street,   own expense. It is specifically understood   enabled on your device.  to the internet or to the online bidding   that there is a guarantee on the lot.  in the sale Is not known until after such   For certain sales, you may bid in advance
       amount of the reserve, by placing successive   London W1A 2AA, or 1334 York Avenue,   and agreed that the rescission of a sale   software by either Sotheby’s or the client;    catalogue is finalized or if there is no   of the live auction (“Advance Bids”) on
       or consecutive bids for a lot, or bids in   New York, NY 10021, Attn: Compliance, or   and the refund of the original purchase   By placing Advance Bids on the Online   (ii) a breakdown or problems with the online  △  Property in which Sotheby’s has an   printed catalogue or PDF catalogue and the   sothebys.com or the Sotheby’s App. In
       response to other bidders. In instances   emailing enquiries@sothebys.com.   price paid (the successful hammer price,   Platforms, you accept and agree that   bidding software; or (iii) a breakdown or   Ownership Interest  interested party’s possible participation in   order to do so, you must register an account
       where we have an interest in the lot other   Please be aware that Sotheby’s may film   plus the buyer’s premium and overhead   any such bids are final, that you will not   problems with a client’s internet connection,   Lots with this symbol indicate that Sotheby’s   the sale Is not known until after the digital   with Sotheby’s and provide requested
       than our commission, we may bid up to the   auctions or other activities on Sotheby’s   premium) is exclusive and in lieu of any   be permitted to retract your bid, and   computer or electronic device. Sotheby’s is   owns the lot in whole or in part or has an   catalogue is initially available for viewing,   information. Once you have done so,
       reserve to protect such interest. In certain   premises and that such recordings may be   other remedy which might otherwise be   that, should your bid be successful, you   not responsible for any failure to execute an   economic interest in the lot equivalent to an   then Sotheby’s will notify bidders that an   navigate to your desired lot, and click the
       instances, the Consignor may pay us less   transmitted over the Internet via Sotheby’s   available as a matter of law, or in equity.   irrevocably agree to pay the full purchase   online bid or for any errors or omissions in   ownership interest.  interested party may bid on the lot by one   “Place Bid” button. You may bid at or above
       than the standard commission rate where a   website and other online platforms. Online   Sotheby’s and the Consignor shall not be   price, including buyer’s premium, overhead   connection therewith.  or more of the following means: the lot’s   the starting bid displayed on the Online
       lot is “bought-in” to protect its reserve.           liable for any special, punitive, incidental   premium and other applicable charges, and        ⋑ Irrevocable Bids         specific webpage will be updated to include
                                 and telephone bids may be recorded.                  all applicable taxes. You may nevertheless   9. Online bidding will be recorded.                                           Platforms. Please note that we reserve
       11. Tax Unless exempted by law, the                  or consequential damages incurred or   lower your maximum bid leading up to                     Lots with this symbol indicate that a party has   the  interested parties symbol, a notice   the right to amend the starting bid prior
                                                            claimed, including without limitation, loss
                                                                                                                                                            provided Sotheby’s with an irrevocable bid on
                                                                                                                                                                                       will be added to the Sotheby’s webpage
       purchaser will be required to pay the                of profits                the live auction by contacting the Bids     10. In the event of any conflict between   the lot that will be executed during the sale at   for the auction, or a pre-sale or pre-lot   to the start of the live auction. You may
       combined New York State and local sales   TERMS OF GUARANTEE  or interest.     Department at +1 212 606 7414, except that   these Online Terms and Sotheby’s   a value that ensures that the lot will sell. The   announcement will be made indicating that   also input your maximum bid which, upon
       tax, any applicable compensating use tax of                                    you may not lower it to a level lower than the   Conditions of Sale and Terms of Guarantee,   irrevocable bidder, who may bid in excess of   an interested party may bid on the lot.  confirmation, will be executed automatically
       another state, and if applicable, any federal   As set forth below and in the Conditions of   current leading bid.         Sotheby’s Conditions of Sale and Terms of   the irrevocable bid, may be compensated for   up to this predefined maximum value,
       luxury or other tax, on the total purchase   Sale, for all lots Sotheby’s guarantees that                                  Guarantee will control.   providing the irrevocable bid by receiving a   ◉  Restricted Materials  in response to other bids, including bids
       price. The rate of such combined tax is   the authorship, period, culture or origin   ADDITIONAL TERMS AND   2. Once it commences, a live auction    contingent fee, a fixed fee or both. From time   Lots with this symbol have been identified   placed by Sotheby’s on behalf of the
       8.875% in New York City and ranges from 7%   (collectively, “Authorship”) of each lot in   CONDITIONS FOR ONLINE   is by its nature fast-moving and bidding   to time, a Sotheby’s shareholder may be an   at the time of cataloguing as containing   seller, up to the amount of the reserve (if
       to 8.625% elsewhere in New York.  this catalogue is as set out in the initial   BIDDING  may progress very quickly. The procedure   BUYING AT AUCTION  irrevocable bidder. If the irrevocable bidder   organic material which may be subject to   applicable). The current leading bid will be
                                                                                                                                                                                                                 visible to all bidders; the value and status
       12. Export and Permits It is the   lot heading immediately following the lot   The following terms and conditions   for placing bids during the live auction is   is the successful bidder, any contingent fee,   restrictions regarding import or export.   of your maximum bid will be visible only to
                                                                                      therefore a one-step process; as soon as
       purchaser’s sole responsibility to identify   number in the catalogue description of the   (the “Online Terms”) provide important   the “Place Bid” button is clicked, a bid is   The following will help in understanding the   fixed fee or both (as applicable) for providing   The information is made available for the   you. If the status of your bid changes, you
       and obtain any necessary export, import,   lot, as amended by oral or written salesroom   information related to online bidding on   submitted. By bidding online, you accept   auction buying process as well as some of   the irrevocable bid may be netted against   convenience of bidders and the absence of   will receive notifications via email and push
       firearm, endangered species or other permit   notes or announcements. Purchasers   sothebys.com or through the Sotheby’s   and agree that bids submitted in this way   the terms and symbols commonly used   the irrevocable bidder’s obligation to pay   the symbol is not a warranty that there are   (if you have enabled push notifications)
       for the lot. Any symbols or notices in the   should refer to the Glossary of Terms, if any,   App, or on any other online platform through   are final and that you will not under any   in an auction catalogue. All bidders should   the full purchase price for the lot and the   no restrictions regarding import or export of   leading up to the live auction. You may raise
       sale catalogue reflect Sotheby’s reasonable   for an explanation of the terminology used in   which bidding may be made available   circumstances be permitted to amend or   read the Conditions of Sale and Terms of   purchase price reported for the lot shall   the Lot; bidders should refer to Condition 12   your maximum bid at any time in advance
       opinion at the time of cataloguing and are for   the initial lot heading immediately following   (“Online Platforms”).  retract your bid. If a successful bid is sent to   Guarantee in this catalogue, as well as the   be net of any such fees. From time to time,   of the Conditions of Sale. Please also refer   of the live auction. Please note in certain
       bidders’ general guidance only; Sotheby’s   the lot number and the extent of the   Sotheby’s from your computer, electronic   Glossary or any other notices. By bidding   Sotheby’s may enter into irrevocable bid   to the section on Endangered Species in the   circumstances, clients who have been
       and the Consignor make no representations   Guarantee. Sotheby’s makes no warranties   These Conditions are in addition to and   or mobile device, you irrevocably agree to   at auction, bidders are bound by the   agreements that cover multiple lots. In such   information on Buying at Auction.  outbid may be reinstated as the leading
       or warranties as to whether any lot is or is   whatsoever, whether express or implied,   subject to the same law and our standard   pay the full purchase price, including buyer’s   Conditions of Sale and Terms of Guarantee,   instances, the compensation Sotheby’s will   bidder and will receive notification via email
       not subject to export or import restrictions   with respect to any material in the catalogue   terms and conditions of sale, including the   premium, overhead premium and any other   as amended by any oral announcement or   pay the irrevocable bidder is allocated to   ∏ Monumental  or push notifications (if enabled on your
       or any embargoes.         other than the Authorship appearing in the   authenticity guarantee and any other terms   applicable charges, and applicable taxes.  posted notices, which together form the   the lots for which the irrevocable bidder is   Lots with this symbol may, in our opinion,   device).
                                 initial lot heading immediately following the   and are not intended in any way to replace       sale contract among Sotheby’s, the seller   not the successful purchaser. Under such   require special handling or shipping services
       13. Governing Law and Jurisdiction    lot number and subject to the exclusions   them. By participating in this sale via any   3. The next bidding increment is shown   (consignor) of the lot and any bidders,   circumstances, the total compensation to the   due to size or other physical considerations.
       These Conditions of Sale and Terms   below.  For the avoidance of doubt, any   Online Platform, you acknowledge that   for your convenience. The auctioneer has   including the successful bidder (purchaser).  irrevocable bidder will not exceed the total   Bidders are advised to inspect the lot and   The Catalogue  The catalogue will help
       of Guarantee, as well as bidders’, the   property designation related to the seller   you are bound by the Conditions of Sale   discretion to vary Increments for bidders in   buyer’s premium and other amounts paid   to contact Sotheby’s prior to the sale to   familiarize you with property being offered at
       purchaser’s and our respective rights and   of the property that may appear below the   applicable in the relevant sale and by these   the auction room and on the telephone, but   1.  SYMBOL KEY   to Sotheby’s in respect of any lots for which   discuss any specific shipping requirements.  the designated auction. Prospective bidders
       obligations hereunder, shall be governed by   lot number is not deemed a heading for   additional Conditions.  bidders using Online Platforms may not be   the irrevocable bidder is not the successful   should consult sothebys.com for the most
       and construed and enforced in accordance   purposes of the Guarantee.          able to place a bid in an amount other than a   □  Reserves           bidder. If this auction has a printed catalogue,    Premium Lot  up to date cataloguing of the property in this
       with the laws of the State of New York. By           1. For certain sales, bidders are welcome to   whole bidding increment. All bidding for this   Unless indicated by a box (□), all lots in this   a PDF catalogue or both and the irrevocable   In order to bid on “Premium Lots” (in print   catalogue.
       bidding at an auction, whether by agent,   In the event Sotheby’s in its reasonable   submit bids in advance of the live auction   sale will be in U.S. Dollars, in respect of New   catalogue are offered subject to a reserve.   bid is not secured until after such catalogue   catalogue or ² in the lot’s specific webpage)
       order or absentee bid, telephone, online   opinion deems that the conditions of the   (“Advance Bids”) through the Online   York sales, in Pounds Sterling, in respect   A reserve is the confidential minimum   is finalized or if there is no printed catalogue   you may be required to complete a Premium   Estimates Each lot in the catalogue is
       or other means, all bidders including   Guarantee have been satisfied, it shall   Platforms. Please note that we reserve the   of London sales, or in Hong Kong Dollars,   hammer price at which a lot will be sold.   or PDF catalogue and the irrevocable bid is   Lot pre-registration application. You must   given a low and high estimate, indicating
       the purchaser, shall be deemed to have   refund to the original purchaser of record   right to amend the starting bid prior to the   in respect of Hong Kong sales, and online   The reserve is generally set at a percentage   not secured until after the digital catalogue is   arrange for Sotheby’s to receive your   to a prospective buyer a range in which the
       consented to the exclusive jurisdiction of the   the hammer price and applicable buyer’s   start of the live auction.   bidders will not be able to see the currency   of the low estimate and will not exceed   initially available for viewing, then Sotheby’s   pre-registration application at least three   lot might sell at auction. When possible,
       state courts of, and the federal courts sitting   premium and overhead premium paid for   For sales where you can place Advance   conversion board that may be displayed in   the low estimate of the lot. If any lots in   will notify bidders that there is an irrevocable   working days before the sale. Please bear in   the estimate is based on previous auction
       in, the State of New York. All parties agree,   the lot by the original purchaser of record.  Bids, you may also input a maximum bid   the auction room.  the catalogue are offered without reserve,   bid on the lot by one or more of the following   mind that we are unable to obtain financial   records of comparable pieces. The
       however, that Sotheby’s shall retain he right   This Guarantee is provided for a period   which, upon confirmation, will be executed   such lots will be designated by a box (□). If   means:  the lot’s specific webpage will be   references over weekends or public holidays.   estimates are determined several months
       to bring proceedings in a court other than   of five (5) years from the date of the   automatically up to this predefined   4. The record of sale kept by Sotheby’s will   every lot in a catalogue is offered without a   updated to include the  irrevocable bid symbol,   Sotheby’s decision whether to accept any pre-  before a sale and are therefore subject
       the state and federal courts sitting in the    relevant auction, is solely for the benefit   maximum value in response to other bids   be taken as absolute and final in all disputes.   reserve, the Conditions of Sale will so state   a notice will be added to the Sotheby’s   registration application shall be final. If all lots   to change upon further research of the
       State of New York.        of the original purchaser of record at the   including bids placed by Sotheby’s on behalf   In the event of a discrepancy between any   and this symbol will not be used for each lot.  webpage for the auction, or a pre-sale or pre-  in the catalogue are “Premium Lots”, a Special   property, or to reflect market conditions
                                 auction and may not be transferred to   of the seller, up to the amount of the reserve   online records or messages provided to you   lot announcement will be made indicating   Notice will be included to this effect and this   or currency fluctuations. Estimates should
       14. Packing and Shipping Neither we   any third party. To be able to claim under   (if applicable). Please note that reserves   and the record of sale kept by Sotheby’s, the                             not be relied upon as a representation or
       nor our vendors are responsible for the   this Guarantee of Authorship, the original   may be set at any time before the start of   record of sale will govern.  ○  Guaranteed Property   that there is an irrevocable bid on the lot.   symbol will not be used.  prediction of actual selling prices.
       acts or omissions in our or our vendors’   purchaser of record must: (i) notify   the live auction and your maximum bid may   5. Online bidders are responsible for   The seller of lots with this symbol has been   From time to time, Sotheby’s or any affiliated   ⊖ US Import Tariff
       packing or shipping of purchased lots or   Sotheby’s in writing within three (3) months   be executed against the reserve once such   making themselves aware of all salesroom   guaranteed a minimum price from one   company may provide the irrevocable bidder   Provenance In certain circumstances,
       of other carriers or packers of purchased   of receiving any information that causes   reserve is set.  notices and announcements, which will be   auction or a series of auctions. This guarantee   with financing related to the irrevocable bid.   Please note that this lot is subject to an   Sotheby’s may include in the catalogue
       lots, whether or not recommended by us.   the original purchaser of record to question   accessible on the Online Platforms.   may be provided by Sotheby’s or jointly   In addition, from time to time, an irrevocable   import tariff. The amount of the import tariff   the history of ownership of a work of art if
       Packing and handling of purchased lots is at   the accuracy of the Authorship in the initial   The current leading bid will be visible to   by Sotheby’s and a third party. Sotheby’s   bidder may have knowledge of the amount   due is a percentage of the value declared   such information contributes to scholarship
       the entire risk of the purchaser.                    all bidders; the value and status of your   6. Sotheby’s reserves the right to refuse   and any third parties providing a guarantee   of a guarantee. If the irrevocable bidder   upon entry into the United States. The   or is otherwise well known and assists in
                                 lot heading immediately following the lot   maximum bid will be visible only to you,   or revoke permission to bid via Online   jointly with Sotheby’s benefit financially if   is advising anyone with respect to the lot,   amount of the import tariff is not based on   distinguishing the work of art. However, the
       15. Limitation of Liability In no event   number, specifying the lot number, date of   unless it is the leading bid. If the status of your   Platforms and to remove bidding privileges   a guaranteed lot is sold successfully and   Sotheby’s requires the irrevocable bidder   the final hammer price. The buyer should   identity of the seller or previous owners may
       will the aggregate liability of Sotheby’s and   the auction at which it was purchased and   bid changes, you will receive notifications via   during a sale.  may incur a loss if the sale is not successful.   to disclose his or her financial interest in the   contact Sotheby’s prior to the sale to   not be disclosed for a variety of reasons.
       the consignor to a purchaser exceed the   the reasons for such question; and (ii) return   email and push (if you have the Sotheby’s   A third party providing a guarantee jointly   lot. If an agent is advising you or bidding on   determine the amount of the import tariff.   For example, such information may be
       purchase price actually paid.  the Lot to Sotheby’s at the original selling   App installed) leading up to the live auction.   7. The purchase information shown in the   with Sotheby’s may provide an irrevocable   your behalf with respect to a lot identified as   If the buyer instructs Sotheby’s to arrange   excluded to accommodate a seller’s request
                                 location in the same condition as at the date        “My Bids” section of the Sotheby’s App      bid, or otherwise bid, on the guaranteed   being subject to an irrevocable bid, you should   shipping of the lot to a foreign address, the
       16. Data Protection Sotheby’s will hold   of sale to the original purchaser of record   You may raise your maximum bid at any   and in the “Account Activity” section of “My   request that the agent disclose whether or not   buyer will not be required to pay the import   for confidentiality or because the identity of
       and process your personal information   and be able to transfer good title to the Lot,   time in advance of the live auction. Once   Account” on Sothebys.com is provided for   property. If this auction has a printed   he or she has a financial interest in the lot.  tariff. If the buyer instructs Sotheby’s to   prior owners is unknown given the age of the
       and may share it with its subsidiaries and   free from any third party claims arising after   the live auction begins, the auctioneer will   your convenience only. Successful bidders   catalogue, a PDF catalogue or both and the   arrange shipping of the lot to a domestic   work of art.
       affiliates for use as described in, and in line   the date of such sale.  open bidding at the current leading bid. The   will be notified and invoiced after the sale. In   guaranteed property symbol for a lot is not   ⊻ Interested Parties   address, or if the buyer collects the property
       with, Sotheby’s Privacy Policy published on          system will continue to bid on your behalf up   the event of any discrepancy between the   included in such catalogue or if there is no   Lots with this symbol indicate that parties   in person, or if the buyer arranges their   Specialist Advice Prospective bidders
       Sotheby’s website at www.sothebys.com or   Sotheby’s has discretion to waive any of the   to your predetermined maximum bid, or you   online purchase information which may or   printed catalogue or PDF catalogue and the   with a direct or indirect interest in the lot   own shipping (whether domestically or   may be interested in specific information
       available on request by email to enquiries@  above requirements. Sotheby’s may require   may continue to bid via the Online Platforms   may not be shown in the My Bids section   guaranteed property symbol for a lot is not   may be bidding on the lot, including (i) the   internationally), the buyer will be required   not included in the catalogue description
       sothebys.com.             the original purchaser of record to obtain at   during the live auction at the next increment.   and the invoice sent to you by Sotheby’s   included at the time the digital catalogue is   beneficiary of an estate selling the lot, or   to pay the import tariff. The import tariff is   of a lot. For additional information, please
       108      PROPERTY FROM THE BROOKLYN MUSEUM, SOLD TO SUPPORT MUSEUM COLLECTIONS                                                                                                                                                  109
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