Page 56 - March 17, 2020 Imperial Jade and Cloisonne, Sotheby's, New York
P. 56
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