Page 57 - March 17, 2020 Imperial Jade and Cloisonne, Sotheby's, New York

contact either a Sotheby’s specialist in charge making every effort to purchase the item for premium and the overhead premium will Payment by Wire Transfer To pay for a Sotheby’s will contact your shipper within planning professionals, and insurance firms. Sotheby’s Arranged Shipping If the
of the sale, or Sotheby’s Client Services as little as possible and never exceeding your be the amounts stated in the Conditions purchase by wire transfer, please refer to 24 hours of receipt of the Bill of Lading SELLING AT AUCTION In the event that a sale is considered, we are property is delivered into any state in which
Department. You may also request a condition limit. This service is free and confidential. of Sale. the payment instructions on the invoice to confirm the date and time that your pleased to provide auction estimates, sales Sotheby’s is registered, Sotheby’s is required
report from the specialist in charge. provided by Sotheby’s or contact Post Sale property can be collected. Property will not If you have property you wish to sell, proposals and marketing plans. When sales by law to collect and remit the appropriate
Advance Bidding For certain sales, where Currency Board As a courtesy to bidders, Services to request instructions. be released without this confirmation and Sotheby’s team of specialists and client are underway, the group works closely with sales tax in effect in the state where the
Viewing Property will be available for Advance Bids are accepted, if you submit a currency board is operated in many your shipper must bring the same Bill of services representatives will assist you the appropriate specialist departments to property is delivered.
viewing by appointment only at our New an “Advance Bid” (as described above in salesrooms. It displays the lot number Sales and Use Tax New York sales tax Lading that was faxed to Sotheby’s when through the entire process. Simply contact ensure that clients’ needs are met promptly
York premises, or such other location as “BEFORE THE AUCTION”), and your bid and current bid in both U.S. dollars and is charged on the hammer price, buyer’s collecting. All property releases are subject the appropriate specialist (specialist and efficiently. Client Arranged Shipping Property
we may indicate from time to time. You is not executed up to its maximum value foreign currencies. Exchange rates are premium, overhead premium and any to the receipt of cleared funds. departments are listed in the catalogue), collected from Sotheby’s New York premises
can schedule a viewing as indicated on our before the auction begins, your bid will approximations based on recent exchange other applicable charges on any property Please see the Conditions of Sale for further General Inquiries Department or a Financial Services Sotheby’s offers a by a common carrier hired by the purchaser
website. continue to be executed automatically on rate information and should not be relied picked up or delivered in New York State, details. Sotheby’s regional office representative wide range of financial services including for delivery at an address outside of New York
your behalf during the live auction up to your upon as a precise invoice amount. Sotheby’s regardless of the state or country in which for suggestions on how best to arrange for advances on consignments, as well as loans is not subject to New York Sales Tax, but if the
Salesroom Notices Salesroom notices predetermined maximum bid. You may also assumes no responsibility for any error the purchaser resides or does business. Endangered Species Certain property evaluation of your property. secured by art collections not intended property is delivered into any state in which
amend the catalogue description after our continue to bid via the Online Platforms at or omission in foreign or United States Purchasers who wish to use their own sold at auction, for example, items made of Property Evaluation There are three for sale. Sotheby’s is registered, Sotheby’s is required
catalogue is available. They are announced the next increment above your maximum currency amounts shown. shipper who is not a considered a “common or incorporating plant or animal materials general ways evaluation of property can be by law to collect and remit the appropriate
by the auctioneer and/or posted on the sale bid. Bidders utilizing any online platform are carrier” by the New York Department of such as coral, crocodile, ivory, whalebone, conducted: Museum Services Tailored to meet the sales tax in effect in the state where the
page. Please take note of them. subject to the Online Terms as well as the Results Sale results are available on Taxation and Finance will be charged tortoiseshell, rhinoceros horn, rosewood, unique needs of museums and non-profits property is delivered. New York State
relevant Conditions of Sale. Online bidding sothebys.com and on the Sotheby’s App. New York sales tax on the entire charge etc., irrespective of age or value, may (1) In our galleries in the marketplace, Museum Services offers recognizes shippers such as the United States
Registration Sotheby’s may require such may not be available for Premium Lots. regardless of the destination of the property. require a license or certificate prior to You may bring your property directly to our personal, professional assistance and advice Postal Service, United Parcel Service, FedEx,
necessary financial references, guarantees, International Auctions If you need Please refer to “Information on Sales and exportation and additional licenses or galleries where our specialists will give you in areas including appraisals, deaccessions, or the like as “common carriers”. If a purchaser
deposits and/or such other security, in its Telephone Bidding In some assistance placing bids, obtaining condition Use Tax Related to Purchases at Auction”. certificates upon importation to another auction estimates and advice. There is no acquisitions and special events. hires a shipper other than a common carrier
absolute discretion, as security for your bid. circumstances, we offer the ability to reports or receiving auction results for a country. Sotheby’s suggests that buyers charge for this service, but we require that to pick up property, Sotheby’s will collect New
If you are not successful on any lot, place bids by telephone live to a Sotheby’s Sotheby’s sale outside the United States, Collection and Delivery check on their government wildlife import you telephone ahead for an appointment. Corporate Art Services Devoted to York sales tax at a rate of 8.875% regardless
Sotheby’s will arrange for a refund (subject representative on the auction floor. Please please contact our International Client Post Sale Services requirements prior to placing a bid. Please (2) By photograph servicing corporations, Sotheby’s Corporate of the ultimate destination of the goods. If a
to any right of set off) of the deposit amount contact the Bid Department prior to the sale Services Department. + 1 212 606 7444 note that the ability to obtain an export If your property is not portable, or if you are Art Services Department can prepare purchaser utilizes a freight-forwarder who is
paid by you without interest within 14 to make arrangements or to answer any FAX: + 1 212 606 7043 license or certificate does not ensure not able to visit our galleries, you may bring appraisal reports, advise on acquisitions registered with the Transportation Security
working days of the date of the sale. Any questions you may have. Telephone bids are 4. AFTER THE AUCTION uspostsaleservices@sothebys.com the ability to obtain an import license or in or send a clear photograph of each item. If and deaccessions, manage all aspects of Administration (“TSA”) to deliver property
exchange losses or fees associated with the accepted only at Sotheby’s discretion and at Sotheby’s New York office is open on a certificate in another country, and vice you have a large collection, a representative consignment, assist in developing arts- outside of the United States, no sales tax
refund shall be borne by you. Registration to the caller’s risk. Calls may also be recorded Payment If your bid is successful, your limited basis by appointment only. All versa. It is the purchaser’s responsibility to selection of photographs will do. Please management strategies and create events would be due on this transaction.
bid on Premium Lots at Sotheby’s discretion. By bidding on the invoice will be mailed to you. The final collections and deliveries for purchased obtain any export or import licenses and/ be sure to include the dimensions, artist’s catering to a corporation’s needs.
must be done at least 3 business days prior telephone, prospective buyers consent price is determined by adding the buyer’s property will be handled by Post Sale or certificates as well as any other required signature or maker’s mark, medium, Where Sotheby’s is Not Required to
to the sale. thereto. premium, overhead premium and any other Services in coordination with purchasers documentation. In the case of denial of any physical condition and any other relevant Collect Sales Tax Sotheby’s is not required
applicable charges to the hammer price on after the auction. Unless otherwise export or import license or of delay in the information. Our specialists will provide a INFORMATION ON SALES to collect sales tax on property delivered
3. DURING THE AUCTION Live Online Bidding In person bidding is a per-lot basis. Sales tax, where applicable, agreed by Sotheby’s, all property must obtaining of such licenses, the purchaser free preliminary auction estimate subject to AND USE TAX RELATED TO to states other than those listed above. If
currently not available for this auction. For will be charged on the entire amount. be removed from our or our vendor’s is still responsible for making on-time a final estimate upon first-hand inspection. PURCHASES AT AUCTION the property is delivered to a state where
The Auction Auctions are open to the the most up-to-date information regarding Payment is due in full immediately after the premises (as indicated on the invoice) payment of the total purchase price for (3) In your home Sotheby’s is not required to collect sales tax,
public (subject to any governmental health in person bidding, please call Sotheby’s or sale. However, under certain circumstances, by the purchaser at his expense not the lot. Evaluations of property can also be made To better assist our clients, we have it is the responsibility of the purchaser to
or safety restrictions) without any admission visit Sothebys.com. Bidders are encouraged Sotheby’s may, in its sole discretion, offer later than 30 calendar days following the in your home. The fees for such visits prepared the following information on Sales self-assess any sales or use tax and remit it to
fee or obligation to bid. The auctioneer to submit bids online on Sothebys.com or bidders an extended payment plan. Such close of the auction. As a reminder your Although licenses can be obtained to export are based on the scope and diversity of and Use Tax related to property purchased taxing authorities in that state.
introduces the objects for sale — known through the Sotheby’s App. For information a payment plan may provide an economic property cannot be released until payment some types of endangered species, other property, with travel expenses additional. at auction. Sotheby’s is not required to collect sales
as “lots” — in numerical order as listed in about registering to bid on sothebys.com benefit to the bidder. Credit terms should be has been received and cleared. types may not be exported at all, and other These fees may be rebated if you consign tax for property delivered to the purchaser
the catalogue. Unless otherwise noted in or through the Sotheby’s App, please see requested at least one business day before types may not be resold in the United States. your property for sale at Sotheby’s. If there Why Sotheby’s Collects Sales Tax outside of the United States.
the catalogue, on the sale page or by an sothebys.com. Bidders utilizing any online the sale. However, there is no assurance Shipping Services Sotheby’s offers a Upon request, Sotheby’s is willing to assist is considerable property in question, we can Virtually all State Sales Tax Laws require
announcement at the auction, Sotheby’s platform are subject to the Online Terms that an extended payment plan will be comprehensive shipping service to meet the purchaser in attempting to obtain the arrange for an informal “walkthrough.” a corporation to register with the State’s Restoration and Other Services Regardless
acts as agent on behalf of the seller and as well as the relevant Conditions of Sale. offered. Please contact Post Sale Services all of your requirements. If you received a appropriate licenses and/or certificates. Tax Authorities and collect and remit sales of where the property is subsequently
does not permit the seller to bid on his or her Online bidding may not be available for or the specialist in charge of the sale for shipping quotation or have any questions However, there is no assurance that an export Once your property has been evaluated, tax if the corporation either establishes or transported, if any framing or restoration
own property. It is important for all bidders Premium Lots. information on credit arrangements for a about the services we offer please contact license or certificate can be obtained. Please Sotheby’s representatives can then help you maintains physical or economic presence services are performed on the property in
to know that the auctioneer may open the particular lot. Please note that Sotheby’s us. check with the specialist department or the determine how to proceed should you wish within the state. In the states that impose New York, it is considered to be a delivery of
bidding on any lot by placing a bid on behalf Employee Bidding Sotheby’s employees will not accept payments for purchased lots Shipping Department if you are uncertain as to continue with the auction process. They sales tax, Tax Laws require an auction house, the property to the purchaser in New York,
of the seller. The auctioneer may further may bid in a Sotheby’s auction only if the from any party other than the purchaser, Collecting your Property Sotheby’s to whether a lot is subject to these export/ will provide information regarding sellers’ with such presence in the state, to register and Sotheby’s will be required to collect the
bid on behalf of the seller, up to the amount employee does not know the reserve and if unless otherwise agreed between the New York office is open on a limited basis import license and certificate requirements, commission rates and other charges, as a sales tax collector, and remit sales tax 8.875% New York sales tax.
of the reserve, by placing responsive or the employee fully complies with Sotheby’s purchaser and Sotheby’s prior to the sale. by appointment only. All collections and or any other restrictions on exportation. auction venue, shipping and any further collected to the state. New York sales tax
consecutive bids for a lot. The auctioneer internal rules governing employee bidding. Payment by Cash It is against Sotheby’s deliveries for purchased property will be The Art Loss Register As part of services you may require. is charged on the hammer price, buyer’s Certain Exemptions Most states that
will not place consecutive bids on behalf of general policy to accept payments in the handled by Post Sale Services in coordination Sotheby’s efforts to support only the premium, overhead premium and any other impose sales taxes allow for specified
the seller above the reserve. US Economic Sanctions The United with purchasers after the auction. Unless legitimate art market and to combat the applicable charges on any property picked exemptions to the tax. For example, a
States maintains economic and trade form of cash or cash equivalents. otherwise agreed by Sotheby’s, all property illegitimate market in stolen property, SOTHEBY’S SERVICES up or delivered in New York, regardless of registered re-seller such as a registered art
Bidding in Person IIn person bidding is sanctions against targeted foreign countries, Payment by Credit Cards Sotheby’s must be removed from our or our vendor’s Sotheby’s has retained the Art Loss Register the state or country in which the purchaser dealer may purchase without incurring a
currently not available for this auction. groups and organizations. There may be accepts payment by credit card for Visa, premises (as indicated on the invoice) by to check all uniquely identifiable items Sotheby’s also offers a range of other resides or does business. tax liability, and Sotheby’s is not required to
For the most up-to-date information restrictions on the import into the United MasterCard, and American Express only. the purchaser at his expense not later than offered for sale in this catalogue that are services to our clients beyond buying collect sales tax from such re-seller. The art
regarding in person bidding, please call States of certain items originating in Credit card payments may not exceed 30 calendar days following the close of estimated at more than the equivalent of and selling at auction. These services are Where Sotheby’s Collects Sales Tax dealer, when re-selling the property, may
Sotheby’s or visit Sothebys.com. Bidders sanctioned countries, including Cuba, Iran, $50,000 per sale. Payment by credit card the auction. As a courtesy to purchasers US$1,500 against the Art Loss Register’s summarized below. Further information on Sotheby’s is currently registered to collect be required to charge sales tax to its client,
are encouraged to submit bids online on North Korea and Sudan. The purchaser’s may be made (a) online at https://www. who come to Sotheby’s to collect property, computerized database of objects reported any of the services described below can be sales tax in the following states: Alabama, or the client may be required to self-assess
Sothebys.com or through the Sotheby’s inability to import any item into the US sothebys.com/en/invoice-payment.html, Sotheby’s will assist in the packing of lots, as stolen or lost. The Art Loss Register found at sothebys.com. Arizona, Arkansas, California, Colorado, sales or use tax upon acquiring the property.
App. or any other country as a result of these although Sotheby’s may, in the case of fragile is pleased to provide purchasers with a Connecticut, District of Columbia, Florida,
or other restrictions shall not justify (b) through the Sotheby’s App, (c) by calling articles, choose not to pack or otherwise certificate confirming that a search has Valuations and Appraisals Sotheby’s Georgia, Hawaii, Idaho, Illinois, Indiana, Local Tax Advisors As sales tax laws vary
Absentee Bidding In person bidding is cancellation or rescission of the sale or any in to Post Sale Services at +1 212 606 7444, handle a purchase. been made. All inquiries regarding search Valuations and Appraisals Services offers Iowa, Kansas, Kentucky, Louisiana, Maine, from state to state, Sotheby’s recommends
or (d) in person at Sotheby’s premises at the
currently not available for this auction. For delay in payment. Please check with the address noted in the catalogue. Please note certificates should be directed to The Art advice regarding personal property assets Maryland, Massachusetts, Michigan, that clients with questions regarding the
the most up-to-date information regarding specialist department if you are uncertain that Sotheby’s New York office is open on a If you are using your own shipper to collect Loss Register, First Floor, 63-66 Hatten to trusts, estates, and private clients Minnesota, Missouri, Nebraska, Nevada, application of sales or use taxes to property
in person bidding, please call Sotheby’s or as to whether a lot is subject to these import limited basis by appointment only. property from Sotheby’s, please provide a Garden, London EC1N 8LE or by email at in order to help fiduciaries, executors, New Jersey, New Mexico, New York, North purchased at auction seek tax advice from
visit Sothebys.com. Bidders are encouraged restrictions, or any other restrictions on letter of authorization and kindly instruct artloss@artloss.com. The Art Loss Register advisors, and collectors meet their goals. Carolina, Ohio, Oklahoma, Pennsylvania, their local tax advisors.
to submit bids online on Sothebys.com or importation or exportation. Payment by Check Sotheby’s New your shipper that they must provide a Bill of does not guarantee the provenance or We provide efficient and confidential advice Rhode Island, South Carolina, Tennessee,
through the Sotheby’s App. If you do not York office is open on a limited basis by Lading prior to collection. Both documents title of any catalogued item against which and assistance for all appraisal and auction Texas, Utah, Vermont, Virginia, Washington,
wish to bid online during the live auction, you Hammer Price and the Buyer’s Premium appointment only. During such time, must be sent to Post Sale Services prior to they search, and will not be liable for any services. Sotheby’s can prepare appraisals Wisconsin and Wyoming. For any property
may place your bid ahead of time, either via and the Overhead Premium For lots Sotheby’s cannot accept payment by check collection. direct or consequential losses of any nature to suit a variety of needs, including estate collected or received by the purchaser in
sothebys.com or the App, or by submitting which are sold, the last price for a lot as (including, but not limited to, personal, The Bill of Lading must include: the howsoever arising. This statement and the tax and planning, insurance, charitable New York City, such property is subject to
your bid in writing to the Bids Department. announced by the auctioneer is the hammer certified, banker’s draft or cashier’s purchaser’s full name, the full delivery ALR’s service do not affect your rights and contribution and collateral loan. Our sales tax at the existing New York State and
Once the live auction opens, when the lot that price. A buyer’s premium and overhead checks). address including the street name and obligations under the Conditions of Sale appraisals are widely accepted by the City rate of 8.875%.
you are interested in comes up for sale, the premium will be added to the hammer price number, city and state or city and country, applicable to the sale. Internal Revenue Service, tax and estate
auctioneer will execute the bid on your behalf, and are payable by the purchaser as part the sale and lot number.
of the total purchase price. The buyer’s

110 PROPERTY FROM THE BROOKLYN MUSEUM, SOLD TO SUPPORT MUSEUM COLLECTIONS 111