Page 199 - 2019 September 10th Sotheby's Important Chinese Art Junkunc Collection

9. Live online bidding via all Online Platforms ⋑ Irrevocable Bids ∏ Monumental The Exhibition An exhibition of the auction
will be recorded. Lots with this symbol indicate that a party Lots with this symbol may, in our opinion, property will be held the week prior to
has provided Sotheby’s with an irrevocable require special handling or shipping services the auction on the days listed in the front
10. In the event of any conflict between these bid on the lot that will be executed during due to size or other physical considerations. of the catalogue. There you will have the
Online Terms and Sotheby’s Conditions of the sale at a value that ensures that the lot Bidders are advised to inspect the lot and to opportunity to view, inspect and evaluate
Sale and Terms of Guarantee, Sotheby’s will sell. The irrevocable bidder, who may contact Sotheby’s prior to the sale to discuss the property yourself, or with the help of a
Conditions of Sale and Terms of Guarantee bid in excess of the irrevocable bid, may be any specific shipping requirements. Sotheby’s specialist.
will control. compensated for providing the irrevocable
bid by receiving a contingent fee, a fixed Premium Lot Salesroom Notices Salesroom notices
11. In the event of any conflict between these fee or both. If the irrevocable bidder is the In order to bid on “Premium Lots” ( in print amend the catalogue description of a lot
Online Terms and any term in any agreement successful bidder, any contingent fee, fixed catalogue or  in eCatalogue) you must after our catalogue has gone to press.
between the User and eBay, these Online fee or both (as applicable) for providing com plete the required Premium Lot pre- They are posted in the viewing galleries
Terms will control for purposes of all the irrevocable bid may be netted against registration application. You must arrange and salesroom or are announced by the
Sotheby’s auctions. the irrevocable bidder’s obligation to pay for Sotheby’s to receive your pre-registration auctioneer. Please take note of them.
the full purchase price for the lot and the application at least three working days before
12. In the event of any conflict between these purchase price reported for the lot shall the sale. Please bear in mind that we are Registration Sotheby’s may require such
Online Terms and any term in any agreement be net of any such fees. From time to time, unable to obtain financial references over necessary financial references, guarantees,
between the User and Invaluable, these Sotheby’s may enter into irrevocable bid weekends or public holidays. Sotheby’s deposits and/or such other security, in its
Online Terms will control for purposes of all agreements that cover multiple lots. In such decision whether to accept any pre- absolute discretion, as security for your bid. If
Sotheby’s auctions. instances, the compensation Sotheby’s will registration application shall be final. If your you are not successful on any lot, Sotheby’s
pay the irrevocable bidder is allocated to application is accepted, you will be provided will arrange for a refund (subject to any right
the lots for which the irrevocable bidder is with a special paddle number. If all lots in of set off) of the deposit amount paid by you
BUYING AT AUCTION not the successful purchaser. Under such the catalogue are “Premium Lots”, a Special without interest within 14 working days of the
circumstances, the total compensation to Notice will be included to this effect and this date of the sale. Any exchange losses or fees
The following will help in understanding the the irrevocable bidder will not exceed the symbol will not be used. associated with the refund shall be borne
auction buying process as well as some of total buyer’s premium and other amounts by you. Registration to bid on Premium Lots
the terms and symbols commonly used paid to Sotheby’s in respect of any lots 2. BEFORE THE AUCTION must be done at least 3 business days prior
in an auction catalogue. All bidders should for which the irrevocable bidder is not the to the sale.
read the Conditions of Sale and Terms of successful bidder. If the irrevocable bid is not The Catalogue A catalogue prepared by
Guarantee in this catalogue, as well as the secured until after the printing of the auction Sotheby’s is published for every scheduled 3. DURING THE AUCTION
Glossary or any other notices. By bidding at catalogue, Sotheby’s will notify bidders that live auction and is available prior to the sale
auction, bidders are bound by the Conditions there is an irrevocable bid on the lot by one date. The catalogue will help familiarize you The Auction Auctions are open to
of Sale and Terms of Guarantee, as amended or more of the following means: a pre-sale or with property being offered at the designated the public without any admission fee or
by any oral announcement or posted notices, pre-lot announcement, by written notice at auction. Catalogues may be purchased obligation to bid. The auctioneer introduces
which together form the sale contract among the auction or by including an irrevocable bid at Sotheby’s or by subscription in any the objects for sale — known as “lots” — in
Sotheby’s, the seller (consignor) of the lot symbol in the e-catalogue for the sale prior categories. For information, please call +1 212 numerical order as listed in the catalogue.
and any bidders, including the successful to the auction. From time to time, Sotheby’s 606 7000 or visit sothebys.com. Prospective Unless otherwise noted in the catalogue
bidder (purchaser). or any affiliated company may provide the bidders should also consult sothebys.com or by an announcement at the auction,
irrevocable bidder with financing related to for the most up to date cataloguing of the Sotheby’s acts as agent on behalf of the
the irrevocable bid. If the irrevocable bidder seller and does not permit the seller to bid
1. SYMBOL KEY property in this catalogue.
is advising anyone with respect to the lot, on his or her own property. It is important for
Sotheby’s requires the irrevocable bidder to all bidders to know that the auctioneer may
□ Reserves disclose his or her financial interest in the lot. Estimates Each lot in the catalogue is open the bidding on any lot by placing a bid
Unless indicated by a box ( □ ), all lots in this If an agent is advising you or bidding on your given a low and high estimate, indicating
catalogue are offered subject to a reserve. behalf with respect to a lot identified as being to a prospective buyer a range in which the on behalf of the seller. The auctioneer may
A reserve is the confidential minimum subject to an irrevocable bid, you should lot might sell at auction. When possible, further bid on behalf of the seller, up to the
hammer price at which a lot will be sold. request that the agent disclose whether the estimate is based on previous auction amount of the reserve, by placing responsive
The reserve is generally set at a percentage or not he or she has a financial interest in records of comparable pieces. The estimates or consecutive bids for a lot. The auctioneer
of the low estimate and will not exceed the the lot. are determined several months before a sale will not place consecutive bids on behalf of
low estimate of the lot. If any lots in the and are therefore subject to change upon the seller above the reserve.
catalogue are offered without reserve, such ⊻ Interested Parties further research of the property, or to reflect
lots will be designated by a box ( □ ). If every Lots with this symbol indicate that parties market conditions or currency fluctuations. Bidding in Person If you would like to bid,
lot in a catalogue is offered without a reserve, with a direct or indirect interest in the lot Estimates should not be relied upon as a you must register for a paddle upon entering
the Conditions of Sale will so state and this may be bidding on the lot, including (i) the representation or prediction of actual selling the salesroom. The paddle is numbered so as
symbol will not be used for each lot. prices. to identify you to the auctioneer. To register,
beneficiary of an estate selling the lot, or you will need a form of identification such as
(ii) the joint owner of a lot. If the interested a driver’s license, a passport or some other
○ Guaranteed Property party is the successful bidder, they will be Provenance In certain circumstances, type of government issued identification.
The seller of lots with this symbol has required to pay the full Buyer’s Premium. In Sotheby’s may print in the catalogue the
been guaranteed a minimum price from certain instances, interested parties may history of ownership of a work of art if such If you are a first-time bidder, you will also
one auction or a series of auctions. This have knowledge of the reserve. In the event information contributes to scholarship be asked for your address, phone number
guarantee may be provided by Sotheby’s the interested party’s possible participation or is otherwise well known and assists in and signature in order to create your
or jointly by Sotheby’s and a third party. in the sale is not known until after the printing distinguishing the work of art. However, the account. If you are bidding for someone
Sotheby’s and any third parties providing of the auction catalogue, a pre-sale or pre-lot identity of the seller or previous owners may else, you will need to provide a letter from
a guarantee jointly with Sotheby’s benefit announcement will be made indicating that not be disclosed for a variety of reasons. that person authorizing you to bid on that
financially if a guaranteed lot is sold interested parties may be bidding on the lot. For example, such information may be person’s behalf. Issuance of a bid paddle is in
successfully and may incur a loss if the sale excluded to accommodate a seller’s request Sotheby’s sole discretion.
is not successful. If the Guaranteed Property ◉ Restricted Materials for confidentiality or because the identity of Once the first bid has been placed,
symbol for a lot is not included in the printing Lots with this symbol have been identified at prior owners is unknown given the age of the the auctioneer asks for higher bids, in
of the auction catalogue, a pre-sale or pre-lot the time of cataloguing as containing organic work of art. increments determined by the auctioneer. To
announcement will be made indicating that material which may be subject to restrictions place your bid, simply raise your paddle until
there is a guarantee on the lot. regarding import or export. The information Specialist Advice Prospective bidders the auctioneer acknowledges you. You will
know when your bid has been acknowledged;
△ Property in which Sotheby’s has an is made available for the convenience of may be interested in specific information not the auctioneer will not mistake a random
included in the catalogue description of a lot.
Ownership Interest bidders and the absence of the symbol is For additional information, please contact gesture for a bid.
not a warranty that there are no restrictions
Lots with this symbol indicate that Sotheby’s regarding import or export of the Lot; bidders either a Sotheby’s specialist in charge of the If you wish to register to bid on a Premium
owns the lot in whole or in part or has an should refer to Condition 12 of the Conditions sale (all of whom are listed in the front of Lot, please see the paragraph above.
economic interest in the lot equivalent to an of Sale. Please also refer to the section on the catalogue), or Sotheby’s Client Services All lots sold will be invoiced to the name
ownership interest. Department. You may also request a and address in which the paddle has been
Endangered Species in the information on condition report from the specialist in charge. registered and cannot be transferred to other
Buying at Auction. names and addresses. Sotheby’s reserves
the right to refuse to accept payment from a
source other than the buyer of record.

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