Page 123 - Sotheby's Paris Arts D' Asia, June 11, 2019

does not ensure the ability to obtain an which a lot will not be sold. The reserve restrictions regarding import or export agissant en tant que mandataire du
import licence or certificate in another is generally set at a percentage of the of the Lot. (des) vendeur(s) dans le cadre de son
country, and vice versa. For example, low estimate and will not exceed the Please refer to the section on activité de vente de biens aux enchères
it is illegal to import African elephant low estimate for the lot as set out in “Endangered species” in the “Information publiques ainsi que de son activité de
ivory into the United States. Sotheby’s the catalogue or as announced by the to Buyers”. As indicated in this section, vente de gré à gré des biens non adjugés
suggests that buyers check with their auctioneer. If any lots in the catalogue Sotheby’s is not able to assist buyers en vente publique, et, d’autre part, les
own government regarding wildlife are offered without a reserve, these lots with the shipment of any lots with this acheteurs, les enchérisseurs et leurs
import requirements prior to placing are indicated by a box (□). If all lots in the symbol into the United States. A buyer’s mandataires et ayants-droit respectifs.
a bid. It is the buyer’s responsibility to catalogue are offered without a reserve, inability to export or import any lots Dans le cadre des ventes
obtain any export or import licences a Special Notice will be included to this with this symbol cannot justify a delay in mentionnées au paragraphe précédent,
and/or certificates as well as any other effect and the box symbol will not be payment or a sale’s cancellation. Sotheby’s agit en qualité de mandataire
required documentation. used. ⊕ Property Subject to the Artist’s du vendeur, le contrat de vente étant
Please note that Sotheby’s is not ○ Guaranteed Property conclu entre le vendeur et l’acheteur.
able to assist buyers with the shipment Resale Right Les présentes Conditions
of any lots containing ivory and/or other The seller of lots with this symbol has Purchase of lots marked with this symbol Générales de Vente, les Conditions
restricted materials into the United been guaranteed a minimum price from (⊕) will be subject to payment of the BIDnow pour les enchères en ligne et
States. A buyer’s inability to export or one auction or a series of auctions. This Artist’s Resale Right, at a percentage of toutes les notifications, descriptions,
import these lots cannot justify a delay guarantee may be provided by Sotheby’s the hammer price calculated as follows: déclarations et autres concernant un
in payment or a sale’s cancellation. or jointly by Sotheby’s and a third party. Portion of the hammer price (in €) bien quelconque, qui figurent dans
Sotheby’s and any third parties providing Royalty Rate le catalogue de la vente ou qui sont
Pre-emption right The French state a guarantee jointly with Sotheby’s benefit From 0 to 50,000 4% affichées dans la salle de vente, sont
retains a pre-emption right on certain
works of art and archives which may be financially if a guaranteed lot is sold From 50,000.01 to 200,000 3% susceptibles d’être modifiées par toute
déclaration faite par le commissaire-
From 200,000.01 to 350,000 1%
successfully and may incur a loss if the
exercised during the auction. In case of
confirmation of the pre-emption right sale is not successful. If the Guaranteed From 350,000.01 to 500,000 0.5% priseur de ventes volontaires
Property symbol for a lot is not included
Exceeding 500,000 0.25%
préalablement à la mise aux enchères du
within fifteen (15) days from the date
of the sale, the French state shall be in the printing of the auction catalogue, a The Artist’s Resale Right payable will be bien concerné.
Le « groupe Sotheby’s » comprend la
pre-sale or pre-lot announcement will be
subrogated in the buyer’s position. the aggregate of the amount payable
Considered as works of art, for purposes made indicating that there is a guarantee under the above rate bands, subject to société Sotheby’s dont le siège est situé
on the lot. If every lot in a catalogue is
aux Etats-Unis d’Amérique, toutes les
of pre-emption rights are the following a maximum royalty payable of 12,500
categories: guaranteed, the Important Notices in euros for any single work each time it is entités contrôlées par celle-ci au sens de
the sale catalogue will so state and this l’article L. 233-3 du Code de Commerce
(1) Archaeological objects more than 100 symbol will not be used for each lot. sold. The maximum royalty payable of (y compris Sotheby’s) ainsi que la
12,500 euros applies to works sold for 2
years old found during land based and △ Property in which Sotheby’s has an société Sotheby’s Diamonds et toutes
underwater searches of archaeological Ownership Interest million euros and above. les entités contrôlées par elle au sens de
sites and collections; α VAT l’article L. 233-3 du Code de Commerce.
Lots with this symbol indicate that Le fait de participer à la vente vaut
(2) Pieces of decoration issuing from Sotheby’s owns the lot in whole or in part Items sold to buyers whose address is in acceptation des présentes Conditions
dismembered buildings; the EU will be assumed to be remaining
or has an economic interest in the lot Générales de Vente, des Conditions
(3) Watercolours, gouaches and pastels, equivalent to an ownership interest. in the EU. The property will be invoiced BIDnow pour les enchères en ligne et des
drawings, collages, prints, posters and ⋑ Irrevocable Bids as if it had no VAT symbol (see ‘Property Informations aux Acheteurs.
with no VAT symbol’ above). However,
their frames;
Lots with this symbol indicate that a if the property is to be exported from AVANT LA VENTE
(4) Photographs, films and negatives party has provided Sotheby’s with an the EU, Sotheby’s will re-invoice the
thereof irrespective of the number; property under the normal VAT rules (see Article II : Obligations du vendeur –
irrevocable bid on the lot that will be
(5) Films and audio-visual works; executed during the sale at a value ‘Property sold with a † symbol’ above) as déclarations et garanties
that ensures that the lot will sell. The requested by the seller. Le vendeur garantit à Sotheby’s et à
(6) Original sculptures or statuary or irrevocable bidder, who may bid in Items sold to buyers whose address
copies obtained by the same process is outside the EU will be assumed to be l’acheteur :
and castings which were produced under excess of the irrevocable bid, will exported from the EU. The property will (i) qu’il a la pleine propriété non
be compensated based on the final
the artists or legal descendants control be invoiced under the normal VAT rules contestée, ou qu’il est dûment mandaté
and limited in number to less than eight hammer price in the event he or she (see ‘Property sold with a † symbol’ par la personne ayant la pleine propriété
is not the successful bidder. If the
copies, plus four numbered copies by above). Although the hammer price will non contestée des biens mis en
the artists; irrevocable bidder is the successful be subject to VAT this will be cancelled or vente, lesquels sont libres de toutes
bidder, he or she will be required to
(7) Contemporary works of art not pay the full Buyer’s Premium and will refunded upon export - see ‘Exports from réclamations, contestations, saisies,
the European Union’. However, buyers
included in the above categories 3) to 6); not be otherwise compensated. If the réserves de propriété, droits, charges,
irrevocable bid is not secured until after who are not intending to export their garanties ou nantissements quelconques
(8) Furniture and decorative works of art; property from the EU should notify our de la part de tiers, et qu’il peut ainsi
the printing of the auction catalogue,
(9) Incunabula and manuscripts, books a pre-sale or pre-lot announcement Client Accounts Department on the day valablement transférer la propriété pleine
of the sale and the property will be re-
and other printed documents; will be made indicating that there is et entière desdits biens ;
an irrevocable bid on the lot. If the invoiced showing no VAT on the hammer (ii) que les biens sont en règle avec la
(10) Collections and specimens from irrevocable bidder is advising anyone price (see ‘Property sold with no VAT
zoological, botanical, mineralogy, symbol’ above). réglementation douanière française ;
anatomy collections ; collections with respect to the lot, Sotheby’s que, dans le cas où les biens, entrés sur
requires the irrevocable bidder to
and objects presenting a historical, CONDITIONS GENERALES DE le territoire français, proviendraient d’un
palaeontological, ethnographic or disclose his or her financial interest in VENTE pays non-membre ou d’un pays membre
the lot. If an agent is advising you or
numismatic interest; de l’Union Européenne, légalement ; que
bidding on your behalf with respect to A complete translation in English of les déclarations requises à l’importation
(11) Means of transport; a lot identified as being subject to an our Conditions of Business is available et à l’exportation ont été dûment
irrevocable bid, you should request that on www.sothebys.com or on request effectuées et les taxes à l’exportation et à
(12) Any other antique objects not the agent disclose whether or not he or +33 (0)1 53 05 53 05
included in the above categories 1) to 11) l’importation ont été dûment réglées ;
she has a financial interest in the lot.
EXPLANATION OF SYMBOLS ◉ Restricted Materials Article I : Généralités (iii) qu’il a payé ou paiera toutes les taxes
et/ou droits qui sont dus sur le produit
The following key explains the symbols Lots with this symbol have been Les présentes Conditions Générales de la vente des biens et qu’il a notifié par
you may see inside this catalogue. identified at the time of cataloguing as de Vente, auxquelles s’ajoutent les écrit à Sotheby’s le détail des taxes et
conditions relatives aux enchères en
□ No Reserve containing organic material which may ligne en direct via le système BIDnow droits qui sont dus par Sotheby’s au nom
be subject to restrictions regarding accessibles sur le site internet de du vendeur dans tout pays autre que la
Unless indicated by a box (□), all lots import or export. The information is France ;
in this catalogue are offered subject to made available for the convenience of Sotheby’s ou disponibles sur demande (iv) qu’il a mis à la disposition de
a reserve. A reserve is the confidential Buyers and the absence of the symbol (dites « Conditions BIDnow »), régissent
hammer price established between is not a warranty that there are no les relations entre, d’une part, la société Sotheby’s toutes les informations
concernant les biens mis en vente,
Sotheby’s and the seller and below Sotheby’s France S.A.S (« Sotheby’s »)
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