Page 122 - Lieber Collection Chinese Art

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