Page 122 - Ming Porcelain Sothebys march 2018
P. 122

120  SOTHEBY’S NEW YORK 20 MARCH 2018  MING: LUMINOUS DAWN OF EMPIRE

















             property remain the same regardless of how   lot in a catalogue is o$ ered without a reserve,   in the sale is not known until after the printing   Provenance#In certain circumstances,
             the winning bid was submitted.  the Conditions of Sale will so state and this   of the auction catalogue, a pre-sale or pre-lot   Sotheby’s may print in the catalogue the
                                        symbol will not be used for each lot.  announcement will be made indicating that   history of ownership of a work of art if such
             8.#Sotheby’s o$ ers online bidding as a              interested parties may be bidding on the lot.  information contributes to scholarship
             convenience to our clients.  Sotheby’s will   Ⴜ  Guaranteed Property            or is otherwise well known and assists in
             not be responsible for any errors or failures   The seller of lots with this symbol has been   Ⴚ  Restricted Materials  distinguishing the work of art. However, the
             to execute bids placed via Online Platforms,   guaranteed a minimum price from one   Lots with this symbol have been identi" ed at   identity of the seller or previous owners may
             including, without limitation, errors or failures   auction or a series of auctions. This guarantee   the time of cataloguing as containing organic   not be disclosed for a variety of reasons. For
             caused by (i) a loss of connection to the   may be provided by Sotheby’s or jointly   material which may be subject to restrictions   example, such information may be excluded
             internet or to the BIDnow, eBay, Invaluable   by Sotheby’s and a third party.  Sotheby’s   regarding import or export. The information   to accommodate a seller’s request for
             or other Online Platform software by either   and any third parties providing a guarantee   is made available for the convenience of   con" dentiality or because the identity of prior
             Sotheby’s or the client; (ii) a breakdown or   jointly with Sotheby’s bene" t " nancially if   bidders and the absence of the symbol is   owners is unknown given the age of the work
             problem with the BIDnow, eBay, Invaluable   a guaranteed lot is sold successfully and   not a warranty that there are no restrictions   of art.
             or other Online Platform software; or (iii) a   may incur a loss if the sale is not successful.   regarding import or export of the Lot; bidders
             breakdown or problem with a client’s internet   If the Guaranteed Property symbol for a   should refer to Condition 12 of the Conditions   Specialist Advice#Prospective bidders
             connection, mobile network or computer.    lot is not included in the printing of the   of Sale.  Please also refer to the section on   may be interested in speci" c information not
             Sotheby’s is not responsible for any failure   auction catalogue, a pre-sale or pre-lot   Endangered Species in the information on   included in the catalogue description of a lot.
             to execute an online bid or for any errors or   announcement will be made indicating that   Buying at Auction.  For additional information, please contact
             omissions in connection therewith.   there is a guarantee on the lot.           either a Sotheby’s specialist in charge of the
                                        Ⴄ                         ෢ Monumental               sale (all of whom are listed in the front of
             9.#Live online bidding via all Online Platforms    Property in which Sotheby’s has an   Lots with this symbol may, in our opinion,   the catalogue), or Sotheby’s Client Services
             will be recorded.          Ownership Interest        require special handling or shipping services   Department.  You may also request a
                                        Lots with this symbol indicate that Sotheby’s   due to size or other physical considerations.   condition report from the specialist in charge.
             10.#In the event of any con* ict between these   owns the lot in whole or in part or has an   Bidders are advised to inspect the lot and to
             Online Terms and Sotheby’s Conditions of   economic interest in the lot equivalent to an   contact Sotheby’s prior to the sale to discuss   The Exhibition#An exhibition of the auction
             Sale and Terms of Guarantee, Sotheby’s   ownership interest.  any speci" c shipping requirements.  property will be held the week prior to the
             Conditions of Sale and Terms of Guarantee                                       auction on the days listed in the front of the
             will control.              ຤ Irrevocable Bids           Premium Lot             catalogue. There you will have the opportunity
                                        Lots with this symbol indicate that a party   In order to bid on “Premium Lots” (  in print   to view, inspect and evaluate the property
             11.#In the event of any con* ict between   has provided Sotheby’s with an irrevocable   catalogue or ² in eCatalogue) you must   yourself, or with the help of a Sotheby’s
             these Online Terms and any term in any   bid on the lot that will be executed during   com plete the required Premium Lot pre-  specialist.
             agreement between the User and eBay, these   the sale at a value that ensures that the lot   registration application. You must arrange
             Online Terms will control for purposes of all   will sell. The irrevocable bidder, who may   for Sotheby’s to receive your pre-registration   Salesroom Notices#Salesroom notices
             Sotheby’s auctions.        bid in excess of the irrevocable bid, may be   application at least three working days before   amend the catalogue description of a lot
                                        compensated for providing the irrevocable   the sale.  Please bear in mind that we are   after  our  catalogue  has  gone  to  press.
             12.#In the event of any con* ict between these   bid by receiving a contingent fee, a " xed   unable to obtain " nancial references over   They are posted in the viewing galleries
             Online Terms and any term in any agreement   fee or both. If the irrevocable bidder is the   weekends or public holidays. Sotheby’s   and salesroom or are announced by the
             between the User and Invaluable, these   successful bidder, any contingent fee, " xed   decision whether to accept any pre-  auctioneer. Please take note of them.
             Online Terms will control for purposes of all   fee or both (as applicable) for providing the   registration application shall be " nal. If your
             Sotheby’s auctions.        irrevocable bid may be netted against the   application is accepted, you will be provided   Registration#Sotheby’s may require such
                                        irrevocable bidder’s obligation to pay the full   with a special paddle number. If all lots in
                                        purchase price for the lot and the purchase   the catalogue are “Premium Lots”, a Special   necessary " nancial references, guarantees,
                                                                                             deposits and/or such other security, in its
                                        price reported for the lot shall be net of   Notice will be included to this e$ ect and this
             BUYING AT AUCTION                                                               absolute discretion, as security for your bid. If
                                        any such fees. If the irrevocable bid is not   symbol will not be used.   you are not successful on any lot, Sotheby’s
                                        secured until after the printing of the auction
             The following will help in understanding the                                    will arrange for a refund (subject to any right
                                        catalogue, Sotheby’s will notify bidders that
             auction buying process as well as some of   there is an irrevocable bid on the lot by one   2.  BEFORE THE AUCTION  of set o$ ) of the deposit amount paid by you
             the terms and symbols commonly used in an                                       without interest within 14 working days of the
                                        or more of the following means: a pre-sale
             auction catalogue. All bidders should read the   or pre-lot announcement, by written notice   The Catalogue#A catalogue prepared by   date of the sale. Any exchange losses or fees
             Conditions of Sale and Terms of Guarantee            Sotheby’s is published for every scheduled   associated with the refund shall be borne
                                        at the auction or by including an irrevocable
             in this catalogue, as well as the Glossary or   bid symbol in the e-catalogue for the sale   live auction and is available prior to the sale   by you. Registration to bid on Premium Lots
             any other notices. By bidding at auction,            date. The catalogue will help familiarize you   must be done at least 3 business days prior
                                        prior to the auction. If the irrevocable bidder
             bidders are bound by the Conditions of Sale   is advising anyone with respect to the lot,   with property being o$ ered at the designated   to the sale.
             and Terms of Guarantee, as amended by                auction. Catalogues may be purchased
                                        Sotheby’s requires the irrevocable bidder to
             any oral announcement or posted notices,   disclose his or her " nancial interest in the lot.   at Sotheby’s or by subscription in any   3.  DURING THE AUCTION
             which together form the sale contract among          categories. For information, please call +1 212
                                        If an agent is advising you or bidding on your
             Sotheby’s, the seller (consignor) of the lot and   behalf with respect to a lot identi" ed as being   606 7000 or visit sothebys.com. Prospective   The Auction#Auctions are open to the public
             any bidders, including the successful bidder         bidders should also consult sothebys.com
                                        subject to an irrevocable bid, you should            without any admission fee or obligation to
             (purchaser).               request that the agent disclose whether or   for the most up to date cataloguing of the   bid. The auctioneer introduces the objects
                                                                  property in this catalogue.
                                        not he or she has a " nancial interest in the lot.   for sale — known as “lots” — in numerical
             1.  SYMBOL KEY                                       Estimates#Each lot in the catalogue is   order as listed in the catalogue. Unless
                                        ຎ Interested Parties      given a low and high estimate, indicating   otherwise noted in the catalogue or by an
             ႒  Reserves                Lots with this symbol indicate that parties   to a prospective buyer a range in which the   announcement at the auction, Sotheby’s
             Unless indicated by a box ( ႒ ), all lots in this   with a direct or indirect interest in the lot   lot might sell at auction. When possible,   acts as agent on behalf of the seller and
             catalogue are o$ ered subject to a reserve.    may be bidding on the lot, including (i) the   the estimate is based on previous auction   does not permit the seller to bid on his or her
             A reserve is the con" dential minimum   bene" ciary of an estate selling the lot, or   records of comparable pieces. The estimates   own property. It is important for all bidders
             hammer price at which a lot will be sold.   (ii) the joint owner of a lot.  If the interested   are determined several months before a sale   to know that the auctioneer may open the
             The reserve is generally set at a percentage   party is the successful bidder, they will be   and are therefore  subject to change upon   bidding on any lot by placing a bid on behalf
             of the low estimate and will not exceed the   required to pay the full Buyer’s Premium.  In   further research of the property, or to re* ect   of the seller. The auctioneer may further bid
             low estimate of the lot.  If any lots in the   certain instances, interested parties may   market conditions or currency * uctuations.   on behalf of the seller, up to the amount of the
             catalogue are o$ ered without reserve, such   have knowledge of the reserve.  In the event   Estimates should not be relied upon as a   reserve, by placing responsive or consecutive
             lots will be designated by a box ( ႒ ). If every   the interested party’s possible participation   representation or prediction of actual selling   bids for a lot. The auctioneer will not place
                                                                  prices.
   117   118   119   120   121   122   123   124   125   126   127