Page 48 - Sotheby's Imperial Chiense Porcelain Nov 4 2020 London

How to Bid
1. BROWSE
Go to sothebys.com or the
Sotheby’s app to find works
you are interested in.
FOR ASSISTANCE WITH REGISTRATION AND BIDDING
Enquiries@sothebys.com
US +1 212 606 7000 UK +44 ­0€20 7293 5000
sothebys.com/bidonline FOLLOW US @SOTHEBYS
BUYING AT AUCTION section below. Online bids are made subject Online Platform. confidential.
to the Additional Terms and Conditions for
The following is intended to give you Online Bidding, which are published below Auction speeds vary, but average between Advance Bidding For certain sales, bidders
50 and 120 lots per hour. The bidding steps
may submit bids in advance of the live
useful information on how to buy at and can also be viewed at sothebys.com, as are generally in increments of approximately auction (“Advance Bid”) through an Online
auction. All bidders should read the well as the Conditions of Business applicable
following information carefully and note to the sale. Online bidding may not be 10% of the previous bid. Platform, as described above in “BEFORE
that Sotheby’s act for the seller. Bidders’ available for Premium Lots. Please refer to Conditions 5 and 6 of the THE AUCTION” section or by submitting
your maximum bid in writing to the Bids
attention is specifically drawn to Conditions Pre-sale Estimates Pre-sale estimates Conditions of Business for Buyers published Department. For these sales, if you submit
3 and 4, which require them to investigate below.
lots prior to bidding and which contain are intended as a guide for prospective an Advance Bid prior to the live auction, the
specific limitations and exclusions of the buyers. Any bid between the high and low Bidders using an Online Platform are subject system will automatically bid on your behalf
up to and including your predetermined
pre-sale estimates would, in our opinion,
to the Additional Terms and Conditions
legal liability of Sotheby’s and sellers. offer a chance of success. However, lots can maximum Advance Bid in response to other
The limitations and exclusions relating to for Online Bidding, which are published
Sotheby’s are consistent with its role as realise prices above or below the pre-sale below and can also be viewed at sothebys. bids and will alert you via email and push
auctioneer of large quantities of goods estimates. It is advisable to consult us com, as well as the Conditions of Business notifications (if enabled on your device).
During the live auction, if your Advance Bid
nearer the time of sale as estimates can be
applicable to the sale. Online bidding may
of a wide variety and bidders should pay subject to revision. The estimates do not remains as the leading bid, the auctioneer
particular attention to these Conditions. not be available for Premium Lots.
Prospective bidders should also consult include the buyer’s premium, overhead Bidding in Person If you would like to bid will execute your bid on your behalf in
www.sothebys.com for the most up to date premium, any applicable Artist’s Resale in person at the live auction, you may response to other bids. You may also
continue to bid during the live auction above
Right levy or VAT.
cataloguing of the property. register for a paddle prior to the start of your predetermined maximum Advance Bid
Buyer’s Premium and Overhead Premium Pre-sale Estimates in US Dollars and Euros the live auction through an Online Platform via an Online Platform using the Live Online
A buyer’s premium and overhead premium Although the sale is conducted in pounds or by contacting the Bids Department. Bidding method described below.
Alternatively, you may register for a paddle
sterling, the pre-sale estimates in some
will be added to the hammer price and are cases are also published in US dollars and/ Live Online Bidding If you cannot attend
payable by the buyer as part of the total upon entering the saleroom. Proof of
purchase price. or Euros. The rate of exchange is the rate identity will be required. If you are a first- the live auction, it may be possible to bid
at the time of publication of this guide. time bidder, you will also be asked for your live online via an Online Platform . For
The buyer’s premium is 25% of the hammer Therefore, you should treat the estimates in address, phone number, email address and information about registering to bid via an
price up to and including £300,000; 20% US dollars or Euros as a guide only. signature in order to create your account. Online Platform please refer to sothebys.
on any amount in excess of £300,000 up If you have a Sotheby’s Client Card, it will com.
to and including £3,000,000; and 13.9% Condition of Lots Prospective buyers facilitate the registration process. Consecutive and Responsive Bidding The
are encouraged to inspect the property
on any remaining amount in excess of at the pre-sale exhibition. Solely as a auctioneer may open the bidding on any
£3,000,000. The overhead premium, which Should you be the successful buyer of a lot,
covers an allocation of Sotheby’s overhead convenience, Sotheby’s may also provide please ensure that your paddle can be seen lot by placing a bid on behalf of the seller.
costs relating to our facilities, property condition reports. The absence of reference by the auctioneer and that it is your number The auctioneer may further bid on behalf of
to the condition of a lot in the catalogue
the seller, up to the amount of the reserve,
that is called out. Should there be any
handling and other administrative expenses, description does not imply that the lot is free by placing consecutive or responsive bids
is 1% of the hammer price. doubts as to price or buyer, please draw the
from faults or imperfections. Please refer to auctioneer’s attention to it immediately. for a lot. Please refer to Condition 6 of the
These rates are exclusive of any applicable Condition 3 of the Conditions of Business All lots sold will be invoiced to the name Conditions of Business for Buyers published
VAT. for Buyers below. below.
and address in which the paddle has been
1. BEFORE THE AUCTION Electrical and Mechanical Goods All registered and cannot be transferred to Interested Parties Announcement In
electrical and mechanical goods are sold other names and addresses. situations where a person who is allowed to
Catalogue Subscriptions If you would like on the basis of their artistic and decorative bid on a lot has a direct or indirect interest in
to take out a catalogue subscription, please value only, and should not be assumed Please do not mislay your paddle; in such lot, such as the beneficiary or executor
ring +44 (0)20 7293 5000. the event of loss, inform the Sales Clerk
to be operative. It is essential that prior to of an estate selling the lot, a joint owner of
Bidding in advance of the live auction any intended use, the electrical system immediately. At the end of the sale, please the lot, or a party providing or participating
return your paddle to the registration desk.
Certain auctions have a period of online is checked and approved by a qualified in a guarantee of the lot, Sotheby’s will
bidding followed by a live auction. In such electrician. Telephone Bids In some circumstances, we make an announcement in the saleroom
cases, if you are unable to attend the live Provenance In certain circumstances, offer the ability to place bids by telephone that interested parties may bid on the lot.
auction in person and wish to place bids, Sotheby’s may publish the history of live to a Sotheby’s representative on the In certain instances, interested parties may
or simply wish to bid in advance of the ownership of an item of property if such auction floor. If bidding by telephone, have knowledge of the reserves.
live auction, you may do so on sothebys. we suggest that you leave a maximum
com or via the Sotheby’s App (each an information contributes to scholarship bid which we can execute on your behalf Employee Bidding Sotheby’s employees
may bid only if the employee does not
or is otherwise well known and assists in
“Online Platform” and together, the “Online distinguishing the item of property. However, in the event we are unable to reach you. know the reserve and fully complies with
Platforms”). In order to do so, you must the identity of the seller or previous owners Please see sothebys.com or contact the Sotheby’s internal rules governing employee
register an account with Sotheby’s and Bid Department prior to the sale to make
2. REGISTER 3. BID provide the requested information. Once may not be disclosed for a variety of arrangements or to answer any questions bidding.
you have done so, navigate to your desired reasons. For example, such information you may have. Telephone bids are accepted US Economic Sanctions The United
may be excluded to accommodate a seller’s
Sign up to place bids. Bid before and during the auction, lot and click the “Place Bid” button to request for confidentiality or because the only at Sotheby’s discretion and at the States maintains economic and trade
start the process. You may bid at or above
from anywhere in the world. the starting bid displayed on the Online identity of prior owners is unknown given caller’s risk. Calls may also be recorded sanctions against targeted foreign countries,
groups and organisations. There may be
at Sotheby’s discretion. By bidding on the
Platforms. Please note that Sotheby’s the age of the item of property. telephone, prospective buyers consent restrictions on the import into the United
reserves the right to amend the starting bid 2. DURING THE LIVE AUCTION thereto. States of certain items originating in
prior to the start of the live auction. You may sanctioned countries, including Burma,
also input your maximum bid which, upon Conditions of Business Sotheby’s Absentee Bidding For some sales (other Cuba, Iran, North Korea and Sudan. The
auctions are governed by the Conditions
than where the option to submit an
confirmation, will be executed automatically of Business and Authenticity Guarantee. purchaser’s inability to import any item into
up to this predefined maximum value, in Advance Bid (as defined below) is enabled the US or any other country as a result of
response to other bids, including bids placed These apply to all aspects of the relationship and a current bid is visible on the Online these or other restrictions shall not justify
by Sotheby’s on behalf of the seller, up to between Sotheby’s and actual and Platforms), if you are unable to attend cancellation or rescission of the sale or any
the live auction in person, you may place
prospective bidders and buyers. Anyone
the amount of the reserve (if applicable). considering bidding in a Sotheby’s auction your maximum bid prior to the start of the delay in payment. Please check with the
The current leading bid will be visible to should read them carefully. They may be live auction on an Online Platform or by specialist department if you are uncertain
all bidders; the value and status of your
as to whether a lot is subject to these import
HK +852 2822 8142 maximum bid will be visible only to you. If the amended by way of notices posted in the submitting your maximum bid in writing restrictions, or any other restrictions on
status of your bid changes, you will receive saleroom or by way of announcement to the Bids Department. When the lot that importation or exportation.
made by the auctioneer. Online bids are
notifications via email and push (if you have made subject to the Conditions of Business you are interested in comes up for sale, Currency Board As a courtesy to bidders,
the auctioneer will execute the bid on your
enabled push notifications on your device)
08/20 NBS_LIVE AUCTION prior to the start of the live auction. You Terms and Conditions for Online Bidding, the lot for as little as possible and never salerooms. It displays the lot number and
behalf, making every effort to purchase
a currency board is operated in many
applicable to the sale and the Additional
may raise your maximum bid at any time in
current bid in both pound sterling and
which are published below and can also be
exceeding your limit. Please place your
advance of the live auction. Please note that
viewed at sothebys.com.
foreign currencies. Exchange rates are
bids as early as possible, as in the event
in certain circumstances clients who have
been outbid may be reinstated as the leading
rate information and should not be relied
received will take precedence. Bids should
any applicable online bidding period, bids
bidder and will receive notification via email Bidding at the Live Auction Following of identical absentee bids the earliest approximations based on recent exchange
upon as a precise invoice amount. Sotheby’s
or push (if enabled on your device). Please may be executed during the live auction in be submitted at least twenty-four hours
refer further to the “DURING THE AUCTION person, on the telephone or online via an before the auction. This service is free and assumes no responsibility for any error or
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