Page 114 - THE PAVILION SALE - CHINESE CERAMICS AND WORKS OF ART 2014

Conditions of Sale
Please include your name and invoice number with
your instructions to the bank.
Although personal and company cheques are
accepted, buyers are advised that purchases will not
be released until such cheques have cleared. Payment
by cash or banker’s draft will enable immediate
release of purchases. It is Christie’s company policy
not to make or accept single or multiple payments in
cash or cash equivalents of more than HK$80,000 or
the equivalent value in another currency. Christie’s
accepts payments by credit card up to HK$1,000,000
per auction sale although conditions and restrictions
apply. For details on credit card payments, please
contact Christie’s Accounts Department. Traveller's
cheques are not accepted.
Please note that transfer of lots is not recognised.
The successful bidder during the auction is solely
responsible for payment to Christie’s. For further
information, please contact Christie’s Accounts
Department at +852 2978 6870.
If the payment made to Christie’s is in a currency
other than Hong Kong Dollars, we shall charge
the buyer for any currency costs incurred. This
will include bank charges and commissions for
converting the currency. The exchange rate for
payment to Christie’s in a currency other than
Hong Kong Dollars will be the rate for Hong Kong
Dollars quoted to Christie’s by The Hongkong and
Shanghai Banking Corporation Limited on the date
of payment. Christie’s certificate as to such rate will
be conclusive.
Please note that Christie’s will not accept payments
for purchased Lots from any party other than the
registered, successful bidder who bought the Lot.
Collection / delivery / Shipping
A delivery or shipping form is enclosed with each
invoice. It is the buyer’s responsibility to pick
up purchases or make all delivery or shipping
arrangements. After payment has been made in
full, Christie’s can arrange property packing, local
delivery, transit insurance and shipping at the buyer’s
request and expense. We recommend that buyers
request an estimate for any large items or property
of high value that require professional packing.
Please note that transit insurance is available at the
time of collection of property. For more information
please contact the Shipping Department at +852
2978 9914.
Export / Import Permits
Property sold at auction may be subject to laws
governing export from Hong Kong and import
restrictions of foreign countries. Buyers should
always check whether an export licence is required
before exporting. It is the buyer’s sole responsibility
to obtain any relevant export or import licence.
The denial of any licence or any delay in obtaining
licences will not justify any cancellation or setting
aside of the contract or any delay in making full
payment for the lot.
Christie’s can provide information to buyers on
the detailed provisions of the export licensing
regulations and will submit any necessary export
licence applications on request. However, Christie’s
cannot ensure that a licence will be obtained. Local
laws may prohibit the import of some property
and/or may prohibit the resale of some property in
the country of importation. For more information,
please contact Christie’s Shipping Department at
+852 2978 9914.
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late collection / Storage
Christie’s can assist with any arrangement for
storage and shipping that purchasers may require.
All purchases will initially be held for collection at with the buyer. They may be amended by posted
the saleroom at no charge, after which they will be
transferred to the warehouse. If purchases are not
collected within thirty-five days after the sales, a
monthly storage charge will be imposed as below
on a per lot basis and is payable in advance.
Jewellery/Watches: HK $800 per lot
Others (except Wine*): HK$1500 per lot
*Please refer to Wine Catalogue for details.
Additional charges such as insurance and
transportation will be charged separately if required. Prospective buyers are strongly advised to examine
In respect of requests from purchasers wishing
to arrange collection of their property from our
offices after the property has been transferred to
the warehouse, we may in our discretion allow
collection at our offices in limited circumstances
but will need to charge a HK$800 administration
fee per lot.
TRANSFERRING RISK
The risk in and responsibility for the lot will
transfer to the buyer from whichever is the earlier of Important Notices and Explanation of Cataloguing
the following:
(a) When the buyer collects the lot; or
(b) At the end of the 7th day following the date
of the sale, even if the buyer has not collected and are not to be relied on as statements of fact.
the lot by this date.
These Conditions of Sale and the Important Notices
and Explanation of Cataloguing Practice contain all
the terms on which Christie’s and the seller contract
notices or oral announcements made during the
sale. By bidding at auction the bidder agrees to be
bound by these terms.
1. Christie’s As Agent
Except as otherwise stated Christie’s acts as agent for
the seller.The contract for the sale of the property is
therefore made between the seller and the buyer.
2. Before The Sale
(a) Examination of property
personally any property in which they are interested,
before the auction takes place. Condition reports
are usually available on request. Neither Christie’s
nor the seller provides any guarantee in relation to
the nature of the property apart from the Limited
Warranty in paragraph 6 below. The property is
otherwise sold “as is”.
(b) Catalogue and other descriptions
Our cataloguing practice is explained in the
Practice which appear after the catalogue entries.
All statements by us in the catalogue entry for the
property or in the condition report, or made orally
or in writing elsewhere, are statements of opinion
Such statements do not constitute a representation,
warranty or assumption of liability by us of any
kind. References in the catalogue entry or the
condition report to damage or restoration are for
guidance only and should be evaluated by personal
inspection by the bidder or a knowledgeable
representative. The absence of such a reference
does not imply that an item is free from defects or
restoration, nor does a reference to particular defects
imply the absence of any others. Estimates of the
selling price should not be relied on as a statement
that this is the price at which the item will sell or its
value for any other purpose. Except as set forth in
paragraph 6 below, neither Christie’s nor the seller
is responsible in any way for errors and omissions in
the catalogue, or any supplemental material.
(c) Buyer’s responsibility
Except as stated in the Limited War ranty in
paragraph 6 below, all property is sold “as is”
without any representation or warranty of any kind
by Christie’s or the seller. Buyers are responsible
for satisfying themselves concerning the condition
of the property and the matters referred to in the
catalogue entry.
3. At The Sale
(a) Refusal of admission
Christie’s has the right, at our complete discretion,
to refuse admission to the premises or participation
in any auction and to reject any bid.
(b) Registration before bidding
Prospective buyers who wish to bid in the saleroom
can register online in advance of the sale, or can
come to the saleroom on the day of the sale
approximately 30 minutes before the start of the
sale to register in persons. Prospective buyers must
complete and sign a registration form with his
or her name and permanent address, and provide
identification before bidding. We may require the
production of bank details from which payment will
be made or other financial references and we may
also require such deposits as we deem appropriate as
a condition of allowing prospective buyers to buy.