Page 145 - Fine Chinese Paintings, Asia Week Christies 2015

Conditions of Sale • Buying at Christie’s

CONDITIONS OF SALE 6 WITHDRAWAL (iii) for trusts, partnerships, offshore companies and amount of your bid. If we receive written bids on a

These Conditions of Sale and the Important Notices and Christie’s may, at its option, withdraw any lot from other business structures, please contact us in lot for identical amounts, and at the auction these are

Explanation of Cataloguing Practice set out the terms on auction at any time prior to or during the sale of the advance to discuss our requirements. the highest bids on the lot, we will sell the lot to the

which we offer the lots listed in this catalogue for sale. lot. Christie’s has no liability to you for any decision (b) We may also ask you to give us a financial reference bidder whose written bid we received first.

By registering to bid and/or by bidding at auction you to withdraw. and/or a deposit as a condition of allowing you to C AT THE SALE
agree to these terms, so you should read them carefully 7 JEWELLERY bid. For help, please contact our Credit Department 1 WHO CAN ENTER THE AUCTION
before doing so. You will find a glossary at the end at +1 212-636-2490.

explaining the meaning of the words and expressions (a) C oloured gemstones (such as rubies, sapphires and We may, at our option, refuse admission to our premises
coloured in bold. emeralds) may have been treated to improve their 2 RETURNING BIDDERS or decline to permit participation in any auction or to

look, through methods such as heating and oiling. As described in paragraph B(1) above, we may at our reject any bid.

Unless we own a lot in whole or in part (Δ symbol), These methods are accepted by the international option ask you for current identification, a financial
Christie’s acts as agent for the seller. jewellery trade but may make the gemstone less reference, or a deposit as a condition of allowing you to 2 RESERVES

strong and/or require special care over time. bid. If you have not bought anything from any of our Unless otherwise indicated, all lots are subject to a reserve.

A BEFORE THE SALE (b) A ll types of gemstones may have been improved salerooms within the last two years or if you want to We identify lots that are offered without reserve with the

1 DESCRIPTION OF LOTS by some method. You may request a gemmological spend more than on previous occasions, please contact symbol • next to the lot number. The reserve cannot be

(a) C ertain words used in the catalogue description have report for any item which does not have a report if our Credit Department at +1 212-636-2490. more than the lot’s low estimate.

special meanings. You can find details of these on the the request is made to us at least three weeks before

page headed “Important Notices and Explanation the date of the auction and you pay the fee for 3 IF YOU FAIL TO PROVIDE THE 3 AUCTIONEER’S DISCRETION

of Cataloguing Practice” which forms part of these the report. RIGHT DOCUMENTS The auctioneer can at his or her sole option:

terms. You can find a key to the Symbols found next (c) We do not obtain a gemmological report for If in our opinion you do not satisfy our bidder (a) refuse any bid;

to certain catalogue entries under the section of the every gemstone sold in our auctions. Where we identification and registration procedures including, but (b) move the bidding backwards or forwards in any way

catalogue called “Symbols Used in this Catalogue”. do get gemmological reports from internationally not limited to completing any anti-money laundering he or she may decide, or change the order of the lots;

(b) Our description of any lot in the catalogue, any accepted gemmological laboratories, such reports and/or anti-terrorism financing checks we may require (c) withdraw any lot;

condition report and any other statement made will be described in the catalogue. Reports from to our satisfaction, we may refuse to register you to bid, (d) divide any lot or combine any two or more lots;

by us (whether orally or in writing) about any American gemmological laboratories will describe and if you make a successful bid, we may cancel the (e) r eopen or continue the bidding even after the

lot, including about its nature or condition, any improvement or treatment to the gemstone. contract for sale between you and the seller. hammer has fallen; and

artist, period, materials, approximate dimensions, Reports from European gemmological laboratories (f) i n the case of error or dispute and whether during or

or provenance are our opinion and not to be will describe any improvement or treatment only 4 BIDDING ON BEHALF OF after the auction, to continue the bidding, determine

relied upon as a statement of fact. We do not carry if we request that they do so, but will confirm ANOTHER PERSON the successful bidder, cancel the sale of the lot, or

out in-depth research of the sort carried out by when no improvement or treatment has been If you are bidding on behalf of another person, reoffer and resell any lot. If any dispute relating

professional historians and scholars. All dimensions made. Because of differences in approach and that person will need to complete the registration to bidding arises during or after the auction, the

and weights are approximate only. technology, laboratories may not agree whether a requirements above before you can bid, and supply auctioneer’s decision in exercise of this option

2 OUR RESPONSIBILITY FOR OUR particular gemstone has been treated, the amount a signed letter authorising you to bid for him/her. A is final.
DESCRIPTION OF LOTS of treatment, or whether treatment is permanent. bidder accepts personal liability to pay the purchase 4 BIDDING
The gemmological laboratories will only report price and all other sums due unless it has been agreed

We do not provide any guarantee in relation to the on the improvements or treatments known to the in writing with Christie’s, before commencement of the The auctioneer accepts bids from:

nature of a lot apart from our authenticity warranty laboratories at the date of the report. auction, that the bidder is acting as an agent on behalf (a) bidders in the saleroom;

contained in paragraph E2 and to the extent provided in (d) F or jewellery sales, estimates are based on the of a named third party acceptable to Christie’s and that (b) telephone bidders;

paragraph I below. information in any gemmological report. If no Christie’s will only seek payment from the named (c) internet bidders through ‘Christie’s LIVE™ (as

report is available, assume that the gemstones may third party. shown above in paragraph B6); and

3 CONDITION have been treated or enhanced. (d) written bids (also known as absentee bids or

(a) The condition of lots sold in our auctions can vary 5 BIDDING IN PERSON commission bids) left with us by a bidder before
widely due to factors such as age, previous damage, 8 WATCHES & CLOCKS If you wish to bid in the saleroom you must register for a the auction.

restoration, repair and wear and tear. Their nature (a) Almost all clocks and watches are repaired in their numbered bidding paddle at least 30 minutes before the

means that they will rarely be in perfect condition. lifetime and may include parts which are not original. auction. You may register online at www.christies.com 5 BIDDING ON BEHALF OF THE SELLER

Lots are sold “as is,” in the condition they are in at We do not give a warranty that any individual or in person. For help, please contact the Credit The auctioneer may, at his or her sole option, bid on

the time of the sale, without any representation or component part of any watch is authentic. Department on +1 212-636-2490. behalf of the seller up to but not including the amount

warranty or assumption of liability of any kind as to Watchbands described as “associated” are not part of of the reserve either by making consecutive bids

condition by Christie’s or by the seller. the original watch and may not be authentic. Clocks 6 BIDDING SERVICES or by making bids in response to other bidders. The

(b) Any reference to condition in a catalogue entry may be sold without pendulums, weights or keys. The bidding services described below are a free service auctioneer will not identify these as bids made on behalf
offered as a convenience to our clients and Christie’s of the seller and will not make any bid on behalf of the
or in a condition report will not amount to a (b) As collectors’ watches often have very fine and is not responsible for any error (human or otherwise), seller at or above the reserve. If lots are offered without
omission, or breakdown in providing these services. reserve, the auctioneer will generally decide to open the
full description of condition, and images may not complex mechanisms, you are responsible for any (a) Phone Bids bidding at 50% of the low estimate for the lot. If no
bid is made at that level, the auctioneer may decide to go
show a lot clearly. Colours and shades may look general service, change of battery, or further repair Your request for this service must be made no

different in print or on screen to how they look work that may be necessary. We do not give a

on physical inspection. Condition reports may be warranty that any watch is in good working order.

available to help you evaluate the condition of a Certificates are not available unless described in the later than 24 hours prior to the auction. We will backwards at his or her sole option until a bid is made,
accept bids by telephone for lots only if our staff and then continue up from that amount. In the event
lot. Condition reports are provided free of charge catalogue. are available to take the bids. If you need to bid in a that there are no bids on a lot, the auctioneer may deem
language other than in English, you must arrange this such lot unsold.
as a convenience to our buyers and are for guidance (c) Most wristwatches have been opened to find out

only. They offer our opinion but they may not refer the type and quality of movement. For that reason,

to all faults, inherent defects, restoration, alteration wristwatches with water resistant cases may not be well before the auction. We may record telephone
bids. By bidding on the telephone, you are agreeing 6 BID INCREMENTS
or adaptation because our staff are not professional waterproof and we recommend you have them

restorers or conservators. For that reason condition checked by a competent watchmaker before use. to us recording your conversations. You also agree Bidding generally starts below the low estimate and

reports are not an alternative to examining a lot in Important information about the sale, transport and that your telephone bids are governed by these increases in steps (bid increments). The auctioneer will

person or seeking your own professional advice. It is shipping of watches and watchbands can be found in Conditions of Sale. decide at his or her sole option where the bidding should

your responsibility to ensure that you have requested, paragraph H2(f). (b) Internet Bids on Christie’s LIVE™ start and the bid increments. The usual bid increments

received and considered any condition report. For certain auctions we will accept bids over are shown for guidance only on the Written Bid Form at

B REGISTERING TO BID the Internet. Please visit www.christies.com/ the back of this catalogue.

4 VIEWING LOTS PRE-AUCTION 1 NEW BIDDERS livebidding and click on the ‘Bid Live’ icon to see
details of how to watch, hear and bid at the auction 7 CURRENCY CONVERTER
(a) If you are planning to bid on a lot, you should (a) If this is your first time bidding at Christie’s or you

inspect it personally or through a knowledgeable are a returning bidder who has not bought anything from your computer. In addition to these Conditions The saleroom video screens (and Christies LIVE™) may

representative before you make a bid to make sure from any of our salerooms within the last two years of Sale, internet bids are governed by the Christie’s show bids in some other major currencies as well as US

that you accept the description and its condition. you must register at least 48 hours before an auction LIVE™ terms of use which are available on dollars. Any conversion is for guidance only and we

We recommend you get your own advice from a begins to give us enough time to process and approve www.christies.com. cannot be bound by any rate of exchange used. Christie’s

restorer or other professional adviser. your registration. We may, at our option, decline to (c) Written Bids is not responsible for any error (human or otherwise),
(b) Pre-auction viewings are open to the public free of permit you to register as a bidder. You will be asked
for the following: You can find a Written Bid Form at the back of our omission or breakdown in providing these services.
charge. Our specialists may be available to answer
catalogues, at any Christie’s office, or by choosing the

questions at pre-auction viewings or by appointment. (i) for individuals: Photo identification (driver’s sale and viewing the lots online at www.christies. 8 SUCCESSFUL BIDS

5 ESTIMATES licence, national identity card, or passport) and, com. We must receive your completed Written Unless the auctioneer decides to use his or her discretion
if not shown on the ID document, proof of your
Bid Form at least 24 hours before the auction. Bids as set out in paragraph C3 above, when the auctioneer’s

Estimates are based on the condition, rarity, quality current address (for example, a current utility bill must be placed in the currency of the saleroom. The hammer strikes, we have accepted the last bid. This
and provenance of the lots and on prices recently or bank statement);
paid at auction for similar property. Estimates can (ii) for corporate clients: Your Certificate of auctioneer will take reasonable steps to carry out means a contract for sale has been formed between the

written bids at the lowest possible price, taking into seller and the successful bidder. We will issue an invoice

change. Neither you, nor anyone else, may rely on any Incorporation or equivalent document(s) account the reserve. If you make a written bid on only to the registered bidder who made the successful

estimates as a prediction or guarantee of the actual showing your name and registered address a lot which does not have a reserve and there is no bid. While we send out invoices by mail and/or email

selling price of a lot or its value for any other purpose. together with documentary proof of directors and higher bid than yours, we will bid on your behalf at after the auction, we do not accept responsibility for

Estimates do not include the buyer’s premium or beneficial owners; and around 50% of the low estimate or, if lower, the
any applicable taxes.
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