Page 297 - Sotheby's Chinese Art and Porcelain Auction New York September 12, 2018

10."In the event of any conß ict between ຤ Irrevocable Bids refer to the section on Endangered Species contact either a Sotheby’s specialist in
these Online Terms and Sotheby’s Lots with this symbol indicate that a party in the information on Buying at Auction. charge of the sale (all of whom are listed
Conditions of Sale and Terms of Guarantee, has provided Sotheby’s with an irrevocable in the front of the catalogue), or Sotheby’s
Sotheby’s Conditions of Sale and Terms of bid on the lot that will be executed during ෢ Monumental Client Services Department. You may
Guarantee will control. the sale at a value that ensures that the lot Lots with this symbol may, in our opinion, also request a condition report from the
will sell. The irrevocable bidder, who may require special handling or shipping specialist in charge.
11."In the event of any conß ict between bid in excess of the irrevocable bid, may be services due to size or other physical
these Online Terms and any term in compensated for providing the irrevocable considerations. Bidders are advised to The Exhibition"An exhibition of the
any agreement between the User and bid by receiving a contingent fee, a Þ xed inspect the lot and to contact Sotheby’s auction property will be held the week prior
eBay, these Online Terms will control for fee or both. If the irrevocable bidder is the prior to the sale to discuss any speciÞ c to the auction on the days listed in the front
purposes of all Sotheby’s auctions. successful bidder, any contingent fee, Þ xed shipping requirements. of the catalogue. There you will have the
fee or both (as applicable) for providing opportunity to view, inspect and evaluate
12."In the event of any conß ict between the irrevocable bid may be netted against Premium Lot the property yourself, or with the help of a
these Online Terms and any term in the irrevocable bidder’s obligation to pay In order to bid on “Premium Lots” ( in Sotheby’s specialist.
any agreement between the User and the full purchase price for the lot and the print catalogue or ² in eCatalogue) you
Invaluable, these Online Terms will control purchase price reported for the lot shall must com plete the required Premium Salesroom Notices"Salesroom notices
for purposes of all Sotheby’s auctions. be net of any such fees. From time to time, Lot pre-registration application. You must amend the catalogue description of a lot
Sotheby’s may enter into irrevocable arrange for Sotheby’s to receive your after our catalogue has gone to press.
bid agreements that cover multiple lots. pre-registration application at least three They are posted in the viewing galleries
BUYING AT AUCTION In such instances, the compensation working days before the sale. Please and salesroom or are announced by the
Sotheby’s will pay the irrevocable bidder bear in mind that we are unable to obtain auctioneer. Please take note of them.
The following will help in understanding the is allocated to the lots for which the Þ nancial references over weekends
auction buying process as well as some of irrevocable bidder is not the successful or public holidays. Sotheby’s decision Registration"Sotheby’s may require such
the terms and symbols commonly used purchaser. Under such circumstances, whether to accept any pre-registration necessary Þ nancial references, guarantees,
in an auction catalogue. All bidders should the total compensation to the irrevocable application shall be Þ nal. If your application deposits and/or such other security, in its
read the Conditions of Sale and Terms of bidder will not exceed the total buyer’s is accepted, you will be provided with a absolute discretion, as security for your
Guarantee in this catalogue, as well as the premium and other amounts paid to special paddle number. If all lots in the bid. If you are not successful on any lot,
Glossary or any other notices. By bidding Sotheby’s in respect of any lots for which catalogue are “Premium Lots”, a Special Sotheby’s will arrange for a refund (subject
at auction, bidders are bound by the the irrevocable bidder is not the successful Notice will be included to this e! ect and to any right of set o! ) of the deposit amount
Conditions of Sale and Terms of Guarantee, bidder. If the irrevocable bid is not secured this symbol will not be used. paid by you without interest within 14
as amended by any oral announcement until after the printing of the auction working days of the date of the sale. Any
or posted notices, which together form catalogue, Sotheby’s will notify bidders that 2. BEFORE THE AUCTION exchange losses or fees associated with the
the sale contract among Sotheby’s, there is an irrevocable bid on the lot by one refund shall be borne by you. Registration to
the seller (consignor) of the lot and any or more of the following means: a pre-sale The Catalogue"A catalogue prepared by bid on Premium Lots must be done at least
bidders, including the successful bidder or pre-lot announcement, by written notice Sotheby’s is published for every scheduled 3 business days prior to the sale.
(purchaser). at the auction or by including an irrevocable live auction and is available prior to the sale
bid symbol in the e-catalogue for the date. The catalogue will help familiarize 3. DURING THE AUCTION
sale prior to the auction. From time to you with property being o! ered at the
1. SYMBOL KEY
time, Sotheby’s or any a# liated company designated auction. Catalogues may be The Auction"Auctions are open to
may provide the irrevocable bidder with purchased at Sotheby’s or by subscription the public without any admission fee or
႒ Reserves Þ nancing related to the irrevocable bid. If in any categories. For information, please obligation to bid. The auctioneer introduces
Unless indicated by a box ( ႒ ), all lots the irrevocable bidder is advising anyone
in this catalogue are o! ered subject to with respect to the lot, Sotheby’s requires call +1 212 606 7000 or visit sothebys. the objects for sale — known as “lots” — in
a reserve. A reserve is the conÞ dential the irrevocable bidder to disclose his or her com. Prospective bidders should also numerical order as listed in the catalogue.
minimum hammer price at which a lot will Þ nancial interest in the lot. If an agent is consult sothebys.com for the most up to Unless otherwise noted in the catalogue
be sold. The reserve is generally set at a advising you or bidding on your behalf with date cataloguing of the property in this or by an announcement at the auction,
percentage of the low estimate and will not respect to a lot identiÞ ed as being subject catalogue. Sotheby’s acts as agent on behalf of the
exceed the low estimate of the lot. If any to an irrevocable bid, you should request seller and does not permit the seller to bid
lots in the catalogue are o! ered without that the agent disclose whether or not he Estimates"Each lot in the catalogue is on his or her own property. It is important
reserve, such lots will be designated by or she has a Þ nancial interest in the lot. given a low and high estimate, indicating for all bidders to know that the auctioneer
a box ( ႒ ). If every lot in a catalogue is to a prospective buyer a range in which the may open the bidding on any lot by placing
o! ered without a reserve, the Conditions of ຎ Interested Parties lot might sell at auction. When possible, a bid on behalf of the seller. The auctioneer
Sale will so state and this symbol will not be Lots with this symbol indicate that parties the estimate is based on previous auction may further bid on behalf of the seller, up
used for each lot. records of comparable pieces. The to the amount of the reserve, by placing
with a direct or indirect interest in the lot estimates are determined several months responsive or consecutive bids for a lot.
may be bidding on the lot, including (i) the before a sale and are therefore subject The auctioneer will not place consecutive
Ⴜ Guaranteed Property beneÞ ciary of an estate selling the lot, or
The seller of lots with this symbol has (ii) the joint owner of a lot. If the interested to change upon further research of the bids on behalf of the seller above the
been guaranteed a minimum price from party is the successful bidder, they will be property, or to reß ect market conditions reserve.
one auction or a series of auctions. This required to pay the full Buyer’s Premium. or currency ß uctuations. Estimates should
guarantee may be provided by Sotheby’s In certain instances, interested parties may not be relied upon as a representation or Bidding in Person"If you would like to
or jointly by Sotheby’s and a third party. have knowledge of the reserve. In the event prediction of actual selling prices. bid, you must register for a paddle upon
Sotheby’s and any third parties providing the interested party’s possible participation entering the salesroom. The paddle is
a guarantee jointly with Sotheby’s beneÞ t in the sale is not known until after the Provenance"In certain circumstances, numbered so as to identify you to the
Þ nancially if a guaranteed lot is sold printing of the auction catalogue, a pre-sale Sotheby’s may print in the catalogue the auctioneer. To register, you will need a
successfully and may incur a loss if the or pre-lot announcement will be made history of ownership of a work of art if such form of identiÞ cation such as a driver’s
sale is not successful. If the Guaranteed indicating that interested parties may be information contributes to scholarship license, a passport or some other type of
Property symbol for a lot is not included bidding on the lot. or is otherwise well known and assists in government issued identiÞ cation. If you
in the printing of the auction catalogue, a distinguishing the work of art. However, are a Þ rst-time bidder, you will also be
pre-sale or pre-lot announcement will be Ⴚ the identity of the seller or previous owners asked for your address, phone number
Restricted Materials
made indicating that there is a guarantee Lots with this symbol have been identiÞ ed may not be disclosed for a variety of and signature in order to create your
on the lot. reasons. For example, such information account. If you are bidding for someone
at the time of cataloguing as containing may be excluded to accommodate a seller’s else, you will need to provide a letter from
Ⴄ Property in which Sotheby’s has an organic material which may be subject to request for conÞ dentiality or because the that person authorizing you to bid on that
Ownership Interest restrictions regarding import or export. identity of prior owners is unknown given person’s behalf. Issuance of a bid paddle is
The information is made available for the
Lots with this symbol indicate that Sotheby’s convenience of bidders and the absence of the age of the work of art. in Sotheby’s sole discretion.
owns the lot in whole or in part or has an the symbol is not a warranty that there are Once the Þ rst bid has been placed,
economic interest in the lot equivalent to an no restrictions regarding import or export Specialist Advice"Prospective bidders the auctioneer asks for higher bids, in
ownership interest. may be interested in speciÞ c information increments determined by the auctioneer.
of the Lot; bidders should refer to Condition not included in the catalogue description To place your bid, simply raise your paddle
12 of the Conditions of Sale. Please also of a lot. For additional information, please until the auctioneer acknowledges you.
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