Page 111 - Sotheby's Paris June 12, 2018 Asian Art

buyer’s premium refunded if they provide Condition of the property Solely as a your paddle and that it is your number that in this catalogue. Anyone considering
Sotheby’s with their VAT registration convenience, we may provide condition is called out. bidding in the auction should read the
number and evidence that the property reports. Should there be any doubts as to price Conditions of Sale carefully. They may be
has been removed from France to another All property is sold in the condition in or buyer, please draw the auctioneer’s amended by way of notices posted in the
country of the EU within a month of the which they were o! ered for sale with all attention to it immediately. salesroom or by way of announcement
date of sale. their imperfections and defects. No claim Sotheby’s will invoice all property sold to made by the auctioneer.
can be accepted for minor restoration or the name and address in which the paddle
Property with ಴ or ˖ symbols (temporary small damages. has been registered and invoices cannot be Access to the property during the sale
importation) Those items with the ಴ or It is the responsibility of the prospective transferred to other names and addresses. For security reasons, prospective bidders
˖ symbols next to the property number bidders to inspect each property prior In the event of loss of your paddle, please will not be able to view the property whilst
of the estimate have been imported from to the sale and to satisfy themselves inform the sales clerk immediately. the auction is taking place.
outside the European Union (EU) and are that each property corresponds with its At the end of the sale, please return your Auctioning The auctioneer may
to be sold at auction under temporary description. Given that the re-lining, frames paddle to the registration desk. commence and advance the bidding
importation. The hammer price will be and linings constitute protective measures at levels he considers appropriate and
increased by additional expenses of and not defects, they will not be noted. Bidding as Principal If you make a bid is entitled to place consecutive and
5.5% (಴) or of 20 % (˖) and the buyer’s Any measurements provided are only at auction, you do so as principal and responsive bids on behalf of the seller until
premium will be increased of VAT currently approximate. Sotheby’s may hold you personally and the reserve price is achieved.
at a rate of 20 %. (5.5 % for books). These All prospective buyers shall have the solely liable for that bid unless it has been
taxes will be charged to the buyer who can opportunity to inspect each property for previously agreed that you do so on behalf 4. AFTER THE AUCTION
claim a possible refund of these additional sale during the pre-sale exhibition in order of an identiÞ ed and acceptable third party
expenses and of this VAT if the property is to satisfy themselves as to characteristics, and you have produced a valid written Results If you would like to know the result
exported outside the EU or if it is shipped to size as well as any necessary repairs or power of attorney acceptable to us. In this of any absentee bids which you may have
another EU country (refund of VAT only on restoration. case, you and the third party are held jointly instructed us to execute on your behalf,
the buyer’s premium in that case) (cf. see and severally responsible. In the event of a please telephone Sotheby’s (France)
also paragraph below) Safety at Sotheby’s Sotheby’s is challenge by the third party, Sotheby’s may S.A.S. on: +33 (0)1 53 05 53 34, or by fax.
concerned for your safety while on our hold you solely liable for that bid. +33 (0)1 53 05 52 93/52 94.
VAT refund for non European Union
buyers Non European Union (EU) buyers premises and we endeavour to display Absentee Bids If you cannot attend the Payment Payment is due immediately
items safely so far as is reasonably
may have the amount in lieu of VAT (for auction, we will be pleased to execute after the sale and may be made by the
property sold under the margin scheme) practicable. Nevertheless, should you written bids on your behalf. following methods:
handle any items on view at our premises,
and any applicable VAT on the hammer A bidding form can be found at the • Bank wire transfer in Euros
price and on the buyer’s premium refunded you do so at your own risk. back of this catalogue. This service is free • Euro banker’s draft
Some items can be large and/or heavy
if they provide Sotheby’s with evidence and conÞ dential. In the event of identical • Euro cheque
that the property has been removed from and can be dangerous if mishandled. bids, the earliest bid received will take • Credit cards (Visa , Mastercard,
Should you wish to view or inspect
France to another country outside the precedence. American Express, CUP); Please note
EU within two months of the date of sale any items more closely please ask for Always indicate a “top limit”. “Buy” and that 40,000 EUR is the maximum
assistance from a member of Sotheby’s
(in the form of a copy of customs export unlimited bids will not be accepted. payment that can be accepted by credit
documentation where Sotheby’s appears sta! to ensure your safety and the safety of Any written bids may be: card.
the property on view.
as the shipper stamped by customs • Sent by facsimile to • Cash in Euros : for private or
Some items on view may be labelled
o` cers). “PLEASE DO NOT TOUCH”. Should you +33 (0)1 53 05 52 93/52 94, professionals to an equal or lower
Any property which is on temporary • Given to sta! at the Client Service Desks, amount of €1,000 per sale (but to an
import in France, and bought by a non EU wish to view these items you must ask for • Posted to the Paris o` ces of Sotheby’s, amount of €15,000 for a non French
assistance from a member of Sotheby’s
resident, will be subjected to clearance • Hand delivered to the Paris o` ces of resident for tax purposes who does not
inward (payment of the VAT, duties and sta! , who will be pleased to assist you. Sotheby’s. operate as a professional). It remains at
taxes) upon release of the property. No Electrical and Mechanical Goods All the discretion of Sotheby’s to assess the
reimbursement of VAT, duties and taxes to electrical and mechanical goods (including To ensure a satisfactory service to bidders, evidence of non-tax residence as well
please ensure that we receive your written
the buyer will be possible, except if written clocks) are sold on the basis of their as proof that the buyer is not acting for
conÞ rmation is provided to Sotheby’s that decorative value only and should not be bids at least 24 hours before the sale. professional purposes.
the temporary imported property will be assumed to be operative. It is essential that Bidding by Telephone If you cannot attend Cashiers and the Collection of Purchases
re-exported, and that the French customs prior to any intended use, the electrical the auction, it is possible to bid on the o` ce are open daily 10am to 12.30pm and
documentation has been duly signed system is checked and approved by a telephone on property with a minimum 2pm to 6pm.
and returned to Sotheby’s within 60 days qualiÞ ed electrician. low estimate of €4,000. As the number of It is Sotheby’s policy to request any new
after the sale. After the 60-day period, no telephone lines is limited, it is necessary clients or buyers preferring to make a cash
reimbursement will be possible. Copyright No representations are made to make arrangements for this service 24 payment to provide proof of identity (by
as to whether any property is subject to hours before the sale. Moreover, in order
General Information French auction copyright, nor whether the buyer acquires to ensure a satisfactory service to bidders, providing some form of government issued
houses are subject to rules of professional any copyright in any property sold. we kindly ask you to make sure that we identiÞ cation containing a photograph,
conduct. These rules are speciÞ ed in a have received your written conÞ rmation such as a passport, identity card or driver’s
code approved by a ministerial order of 21 2. BIDDING IN THE SALE of telephone bids at least 24 hours before licence) and conÞ rmation of permanent
February 2012. This document is available Bids may be executed in person by the sale. address. Thank you for your co-operation.
(in French) on the website of the regularity paddle during the auction or by telephone We also suggest that you leave a Cheques and drafts should be made
body www.conseildesventes.fr . or online, or by a third person who will covering bid which we can execute on your payable to Sotheby’s. Although personal
A government commissioner at the Conseil transmit the orders in writing or by behalf in the event we are unable to reach and company cheques drawn up in Euro
des ventes volontaires de meubles telephone prior to the sale. The auctions you by telephone. Multi-lingual sta! are on French bank as by a foreign bank are
aux enchères publiques (regulatory will be conducted in Euros. A currency available to execute bids for you. accepted, you are advised that property will
body) can be contacted in writing for converter will be operated in the salesroom Telephone bidding will be recorded to not be released before the Þ nal collection
any issue and will assist, if necessary, for your convenience but, as errors may ensure any misunderstanding over bidding of the cheque, collection that can take
in Þ nding an amicable solution. occur, you should not rely upon it as a during the auctions. several days, or even several weeks as for
foreign cheque (credit after collection).
substitute for bidding in Euros.
1. BEFORE THE AUCTION Bidding Online If you cannot attend On the other hand, the lot will be issued
Bidding in Person To bid in person at the immediately if you have a pre-arranged
Catalogue Subscriptions If you would like auction, you will need to register for and the auction, it is possible to bid directly Cheque Acceptance Facility.
to take out a catalogue subscription, please collect a numbered paddle before the online. Online bids are made subject to
ring +33 (0)1 53 05 53 85. the BIDnow Conditions available on the
auction begins. Proof of identity and bank Sotheby’s website or upon request. The
Pre-sale Estimates The pre-sale references will be required. BID now Conditions apply in relation to
estimates are intended purely as a guide If you wish to bid on a property, please online bids in addition to these Conditions
for prospective buyers. Any bid between indicate clearly that you are bidding by of Sale.
the high and the low pre-sale estimates raising your paddle and attracting the
o! ers a fair chance of success. It is always attention of the auctioneer. Should you 3. AT THE AUCTION
advisable to consult us nearer the time be the successful buyer of any property, Conditions of Sale The auction is
of sale as estimates can be subject to please ensure that the auctioneer can see
revision. governed by the Conditions of Sale printed
A MAGNIFICENT IMPERIAL ‘YANGCAI CRANE AND DEER RUYI VASE’ 109