Page 308 - Sotheby's Important Chinese Art, Sept. 21-22, 2-21, NYC

auction, the default or if acquired at whether by agent, order or absentee the avoidance of doubt, any property These Conditions are in addition to as soon as the “Place Bid” button is these Online Terms and Sotheby’s equivalent to an ownership interest. until after such catalogue is finalized or
any time thereafter, and we may retain bid, telephone, online or other means, designation related to the seller of the and subject to the same law and our clicked, a bid is submitted. By bidding Conditions of Sale and Terms of if there is no printed catalogue or PDF
and apply such property or money as all bidders including the purchaser, shall property that may appear below the lot standard terms and conditions of sale, online, you accept and agree that bids Guarantee, Sotheby’s Conditions of Sale ⋑ Irrevocable Bids catalogue and the interested party’s
collateral security for the obligations be deemed to have consented to the number is not deemed a heading for including the authenticity guarantee and submitted in this way are final and that and Terms of Guarantee will control. Lots with this symbol indicate that a party possible participation in the sale Is not
due to us or to any affiliated company exclusive jurisdiction of the state courts purposes of the Guarantee. any other terms and are not intended in you will not under any circumstances be has provided Sotheby’s with an irrevocable known until after the digital catalogue
of ours. We shall have all of the rights of, and the federal courts sitting in, the In the event Sotheby’s in its reasonable any way to replace them. By participating permitted to amend or retract your bid. bid on the lot that will be executed during is initially available for viewing, then
accorded a secured party under the State of New York. All parties agree, opinion deems that the conditions of in this sale via any Online Platform, you If a successful bid is sent to Sotheby’s BUYING AT AUCTION the sale at a value that ensures that the lot Sotheby’s will notify bidders that an
New York Uniform Commercial Code. however, that Sotheby’s shall retain he the Guarantee have been satisfied, it acknowledge that you are bound by from your computer, electronic or mobile will sell. The irrevocable bidder, who may interested party may bid on the lot by
You hereby agree that Sotheby’s may right to bring proceedings in a court shall refund to the original purchaser of the Conditions of Sale applicable in the device, you irrevocably agree to pay the The following will help in understanding bid in excess of the irrevocable bid, may be one or more of the following means: the
file financing statements under the other than the state and federal courts record the hammer price and applicable relevant sale and by these additional full purchase price, including buyer’s the auction buying process as well compensated for providing the irrevocable lot’s specific webpage will be updated to
New York Uniform Commercial Code sitting in the buyer’s premium and overhead premium Conditions. premium, overhead premium and any as some of the terms and symbols bid by receiving a contingent fee, a fixed include the interested parties symbol,
without your signature. Payment will not State of New York. paid for the lot by the original purchaser 1. For certain sales, bidders are welcome other applicable charges, and applicable commonly used in an auction catalogue. fee or both. From time to time, a Sotheby’s a notice will be added to the Sotheby’s
be deemed to have been made in full 14. Packing and Shipping Neither we of record. to submit bids in advance of the live taxes. All bidders should read the Conditions shareholder may be an irrevocable bidder. webpage for the auction, or a pre-sale
until we have collected good funds. Any auction (“Advance Bids”) through the 3. The next bidding increment is shown of Sale and Terms of Guarantee in this If the irrevocable bidder is the successful or pre-lot announcement will be made
claims relating to any purchase, including nor our vendors are responsible for the This Guarantee is provided for a period Online Platforms. Please note that we for your convenience. The auctioneer catalogue, as well as the Glossary or bidder, any contingent fee, fixed fee or both indicating that an interested party may
acts or omissions in our or our vendors’
any claims under the Conditions of of five (5) years from the date of the reserve the right to amend the starting has discretion to vary Increments for any other notices. By bidding at auction, (as applicable) for providing the irrevocable bid on the lot.
Sale or Terms of Guarantee, must be packing or shipping of purchased lots or relevant auction, is solely for the benefit bid prior to the start of the live auction. bidders in the auction room and on the bidders are bound by the Conditions bid may be netted against the irrevocable
of other carriers or packers of purchased
presented directly to Sotheby’s. In the of the original purchaser of record at telephone, but bidders using Online of Sale and Terms of Guarantee, as bidder’s obligation to pay the full purchase ◉ Restricted Materials
event the purchaser fails to pay any or lots, whether or not recommended by us. the auction and may not be transferred For sales where you can place Advance Platforms may not be able to place a bid amended by any oral announcement price for the lot and the purchase price Lots with this symbol have been
Packing and handling of purchased lots
all of the total purchase price for any lot to any third party. To be able to claim Bids, you may also input a maximum in an amount other than a whole bidding or posted notices, which together form reported for the lot shall be net of any such identified at the time of cataloguing as
and Sotheby’s nonetheless elects to pay is at the entire risk of the purchaser. under this Guarantee of Authorship, the bid which, upon confirmation, will increment. All bidding for this sale will the sale contract among Sotheby’s, fees. From time to time, Sotheby’s may containing organic material which may
the Consignor any portion of the sale 15. Limitation of Liability In no event original purchaser of record must: (i) be executed automatically up to this be in U.S. Dollars, in respect of New York the seller (consignor) of the lot and any enter into irrevocable bid agreements be subject to restrictions regarding
proceeds, the purchaser acknowledges will the aggregate liability of Sotheby’s notify Sotheby’s in writing within three predefined maximum value in response sales, in Pounds Sterling, in respect of bidders, including the successful bidder that cover multiple lots. In such instances, import or export. The information is
that Sotheby’s shall have all of the rights and the consignor to a purchaser exceed (3) months of receiving any information to other bids including bids placed by London sales, or in Hong Kong Dollars, (purchaser). the compensation Sotheby’s will pay the made available for the convenience of
of the Consignor to pursue the purchaser the purchase price actually paid. that causes the original purchaser of Sotheby’s on behalf of the seller, up to in respect of Hong Kong sales, and irrevocable bidder is allocated to the lots bidders and the absence of the symbol
for any amounts paid to the Consignor, record to question the accuracy of the the amount of the reserve (if applicable). online bidders will not be able to see the for which the irrevocable bidder is not is not a warranty that there are no
whether at law, in equity, or under these 16. Data Protection Sotheby’s will hold Authorship in the initial lot heading Please note that reserves may be set currency conversion board that may be 1. SYMBOL KEY the successful purchaser. Under such restrictions regarding import or export of
Conditions of Sale. and process your personal information immediately following the lot number, at any time before the start of the live circumstances, the total compensation the Lot; bidders should refer to Condition
and may share it with its subsidiaries specifying the lot number, date of the auction and your maximum bid may be displayed in the auction room. □ Reserves to the irrevocable bidder will not exceed 12 of the Conditions of Sale. Please
10. Reserve All lots in this catalogue are and affiliates for use as described in, auction at which it was purchased and executed against the reserve once such 4. The record of sale kept by Sotheby’s Unless indicated by a box (□), all lots the total buyer’s premium and other also refer to the section on Endangered
offered subject to a reserve, which is the and in line with, Sotheby’s Privacy Policy the reasons for such question; and (ii) reserve is set. will be taken as absolute and final in all in this catalogue are offered subject to amounts paid to Sotheby’s in respect of Species in the information on Buying at
confidential minimum hammer price at published on Sotheby’s website at www. return the Lot to Sotheby’s at the original disputes. In the event of a discrepancy a reserve. A reserve is the confidential any lots for which the irrevocable bidder Auction.
which a lot will be sold. No reserve will sothebys.com or available on request by selling location in the same condition The current leading bid will be visible to between any online records or messages minimum hammer price at which a lot is not the successful bidder. If this auction
exceed the low presale estimate stated email to enquiries@sothebys.com. as at the date of sale to the original all bidders; the value and status of your provided to you and the record of sale will be sold. The reserve is generally has a printed catalogue, a PDF catalogue ∏ Monumental
in the catalogue, or as amended by oral purchaser of record and be able to maximum bid will be visible only to you, kept by Sotheby’s, the record of sale will set at a percentage of the low estimate or both and the irrevocable bid is not Lots with this symbol may, in our opinion,
or posted notices. We may implement Under European data protection laws, transfer good title to the Lot, free from unless it is the leading bid. If the status govern. and will not exceed the low estimate of secured until after such catalogue is require special handling or shipping
such reserve by opening the bidding on a client may object, by request and any third party claims arising after the of your bid changes, you will receive the lot. If any lots in the catalogue are finalized or if there is no printed catalogue services due to size or other physical
behalf of the Consignor and may bid up free of charge, to the processing of date of such sale. notifications via email and push (if you 5. Online bidders are responsible offered without reserve, such lots will be or PDF catalogue and the irrevocable considerations. Bidders are advised to
to the amount of the reserve, by placing their information for certain purposes, have the Sotheby’s App installed) leading for making themselves aware of all designated by a box (□). If every lot in a bid is not secured until after the digital inspect the lot and to contact Sotheby’s
successive or consecutive bids for a lot, including direct marketing, and may Sotheby’s has discretion to waive any up to the live auction. You may raise your salesroom notices and announcements, catalogue is offered without a reserve, catalogue is initially available for viewing, prior to the sale to discuss any specific
or bids in response to other bidders. In access and rectify personal data of the above requirements. Sotheby’s maximum bid at any time in advance which will be accessible on the Online the Conditions of Sale will so state and then Sotheby’s will notify bidders that shipping requirements.
instances where we have an interest in relating to them and may obtain may require the original purchaser of the live auction. Once the live auction Platforms. this symbol will not be used for each lot. there is an irrevocable bid on the lot by
the lot other than our commission, we more information about Sotheby’s of record to obtain at the original begins, the auctioneer will open bidding 6. Sotheby’s reserves the right to one or more of the following means: the Premium Lot
may bid up to the reserve to protect data protection policies by writing to purchaser of record’s cost the reports at the current leading bid. The system refuse or revoke permission to bid via ○ Guaranteed Property lot’s specific webpage will be updated In order to bid on “Premium Lots” (in print
such interest. In certain instances, the Sotheby’s, 34-35 New Bond Street, of two independent and recognized will continue to bid on your behalf up to Online Platforms and to remove bidding The seller of lots with this symbol has to include the irrevocable bid symbol, catalogue or ² in the lot’s specific webpage)
Consignor may pay us less than the London W1A 2AA, or 1334 York Avenue, experts in the field, mutually acceptable your predetermined maximum bid, or privileges during a sale. been guaranteed a minimum price from a notice will be added to the Sotheby’s you may be required to complete a
standard commission rate where a lot is New York, NY 10021, Attn: Compliance, or to Sotheby’s and the original purchaser you may continue to bid via the Online one auction or a series of auctions. This webpage for the auction, or a pre-sale Premium Lot pre-registration application.
“bought-in” to protect its reserve. emailing enquiries@sothebys.com. of record. Sotheby’s shall not be Platforms during the live auction at the 7. The purchase information shown in guarantee may be provided by Sotheby’s or pre-lot announcement will be made You must arrange for Sotheby’s to receive
Please be aware that Sotheby’s may film bound by any reports produced by next increment. Upon the closing of each the “My Bids” section of the Sotheby’s or jointly by Sotheby’s and a third party.
11. Tax Unless exempted by law, the auctions or other activities on Sotheby’s the original purchaser of record, and lot, you will receive push notification App and in the “Account Activity” section indicating that there is an irrevocable bid your pre-registration application at least
purchaser will be required to pay the premises and that such recordings reserves the right to seek additional (if enabled on your device) indicating of “My Account” on Sothebys.com is Sotheby’s and any third parties providing on the lot. From time to time, Sotheby’s or three working days before the sale. Please
a guarantee jointly with Sotheby’s
combined New York State and local sales may be transmitted over the Internet expert advice at its own expense. It is whether you have won or lost each lot on provided for your convenience only. any affiliated company may provide the bear in mind that we are unable to obtain
tax, any applicable compensating use via Sotheby’s website and other online specifically understood and agreed which you have placed a bid. Successful bidders will be notified and benefit financially if a guaranteed lot irrevocable bidder with financing related to financial references over weekends
is sold successfully and may incur a
tax of another state, and if applicable, platforms. Online and telephone bids that the rescission of a sale and the invoiced after the sale. In the event of the irrevocable bid. In addition, from time or public holidays. Sotheby’s decision
any federal luxury or other tax, on the may be recorded. refund of the original purchase price Please note in certain circumstances, any discrepancy between the online loss if the sale is not successful. A third to time, an irrevocable bidder may have whether to accept any pre-registration
party providing a guarantee jointly with
total purchase price. The rate of such paid (the successful hammer price, clients who have been outbid may be purchase information which may or may knowledge of the amount of a guarantee. application shall be final. If all lots in the
combined tax is 8.875% in New York City plus the buyer’s premium and overhead reinstated as the leading bidder and not be shown in the My Bids section Sotheby’s may provide an irrevocable If the irrevocable bidder is advising anyone catalogue are “Premium Lots”, a Special
bid, or otherwise bid, on the guaranteed
and ranges from 7% to 8.625% elsewhere premium) is exclusive and in lieu of any would receive notification via email or and the invoice sent to you by Sotheby’s with respect to the lot, Sotheby’s requires Notice will be included to this effect and
in New York. TERMS OF GUARANTEE other remedy which might otherwise be push notification, if enabled on your following the sale, the invoice prevails. property. If this auction has a printed the irrevocable bidder to disclose his or this symbol will not be used.
catalogue, a PDF catalogue or both and
device.
available as a matter of law, or in equity. Terms and conditions for payment and her financial interest in the lot. If an agent is
12. Export and Permits It is the As set forth below and in the Conditions the guaranteed property symbol for a advising you or bidding on your behalf with ⊖ US Import Tariff
purchaser’s sole responsibility to identify of Sale, for all lots Sotheby’s guarantees Sotheby’s and the Consignor shall By placing Advance Bids on the Online collection of property remain the same lot is not included in such catalogue or respect to a lot identified as being subject Please note that this lot is subject to an
Platforms, you accept and agree that
regardless of how the winning bid was
and obtain any necessary export, that the authorship, period, culture or not be liable for any special, punitive, if there is no printed catalogue or PDF to an irrevocable bid, you should request import tariff. The amount of the import
import, firearm, endangered species or origin (collectively, “Authorship”) of incidental or consequential damages any such bids are final, that you will not submitted. catalogue and the guaranteed property that the agent disclose whether or not he tariff due is a percentage of the value
be permitted to retract your bid, and
other permit for the lot. Any symbols each lot in this catalogue is as set out incurred or claimed, including without 8. Sotheby’s is not responsible for any symbol for a lot is not included at the time or she has a financial interest in the lot. declared upon entry into the United
or notices in the sale catalogue reflect in the initial lot heading immediately limitation, loss of profits that, should your bid be successful, you errors or failures to execute bids placed the digital catalogue is initially available for States. The amount of the import tariff is
irrevocably agree to pay the full purchase
Sotheby’s reasonable opinion at the following the lot number in the catalogue or interest. online, including, without limitation, viewing, then Sotheby’s will notify bidders ⊻ Interested Parties not based on the final hammer price. The
time of cataloguing and are for bidders’ description of the lot, as amended price, including buyer’s premium, errors or failures caused by (i) a loss of that there is a guarantee on the lot by Lots with this symbol indicate that buyer should contact Sotheby’s prior
overhead premium and other applicable
general guidance only; Sotheby’s and by oral or written salesroom notes or connection to the internet or to the online one or more of the following means: the parties with a direct or indirect interest to the sale to determine the amount of
the Consignor make no representations announcements. Purchasers should ADDITIONAL TERMS AND charges, and all applicable taxes. You bidding software by either Sotheby’s or lot’s specific webpage will be updated to in the lot may be bidding on the lot, the import tariff. If the buyer instructs
may nevertheless lower your maximum
or warranties as to whether any lot is refer to the Glossary of Terms, if any, for CONDITIONS FOR ONLINE the client; (ii) a breakdown or problems include the guaranteed property symbol, including (i) the beneficiary of an estate Sotheby’s to arrange shipping of the lot
or is not subject to export or import an explanation of the terminology used BIDDING bid leading up to the live auction by with the online bidding software; or a notice will be added to the Sotheby’s selling the lot, or (ii) the joint owner to a foreign address, the buyer will not
contacting the Bids Department at +1
restrictions or any embargoes. in the initial lot heading immediately 212 606 7414, except that you may not (iii) a breakdown or problems with a webpage for the auction, or a pre-sale of a lot. If the interested party is the be required to pay the import tariff. If the
13. Governing Law and Jurisdiction following the lot number and the extent The following terms and conditions lower it to a level lower than the current client’s internet connection, computer or pre-lot announcement will be made successful bidder, they will be required buyer instructs Sotheby’s to arrange
indicating that there is a guarantee on
(the “Online Terms”) provide important
or electronic device. Sotheby’s is not
These Conditions of Sale and Terms of the Guarantee. Sotheby’s makes no information related to online bidding on leading bid. responsible for any failure to execute an the lot. to pay the full buyer’s premium and shipping of the lot to a domestic address,
of Guarantee, as well as bidders’, the warranties whatsoever, whether express sothebys.com or through the Sotheby’s 2. Once it commences, a live auction online bid or for any errors or omissions overhead premium. In certain instances, or if the buyer collects the property in
purchaser’s and our respective rights or implied, with respect to any material in App, or on any other online platform is by its nature fast-moving and in connection therewith. △ Property in which Sotheby’s has interested parties may have knowledge person, or if the buyer arranges their
and obligations hereunder, shall be the catalogue other than the Authorship through which bidding may be made bidding may progress very quickly. The an Ownership Interest of the reserve. If this auction has a own shipping (whether domestically
governed by and construed and enforced appearing in the initial lot heading available (“Online Platforms”). procedure for placing bids during the live 9. Online bidding will be recorded. Lots with this symbol indicate that printed catalogue, a PDF catalogue or or internationally), the buyer will be
in accordance with the laws of the State immediately following the lot number auction is therefore a one-step process; 10. In the event of any conflict between Sotheby’s owns the lot in whole or in part both and the interested party’s possible required to pay the import tariff. The
of New York. By bidding at an auction, and subject to the exclusions below. For or has an economic interest in the lot participation in the sale Is not known import tariff is included in the purchase
306 SOTHEBY’S COMPLETE CATALOGUING AVAILABLE AT SOTHEBYS.COM/N10748 307