Page 125 - Christie's Fine Cinese Classical Paintings, May 31 to June 1, 2023 Hong Kong

CONDITIONS OF SALE • BUYING AT CHRISTIE’S

CONDITIONS OF SALE practical date prior to the printing of the catalogue owners;
These Conditions of Sale and the Important Notices and may have changed by the time of our sale. (iii) for trusts, partnerships, offshore companies
and Explanation of Cataloguing Practice set out and other business structures, please contact us in
the terms on which we offer the lots listed in this 6 WITHDRAWAL advance to discuss our requirements.
catalogue for sale. By registering to bid and/or by Christie’s may, at its option, withdraw any lot at any (b) We may also ask you to give us a financial
bidding at auction you agree to these terms, so you time prior to or during the sale of the lot. Christie’s reference and/or a deposit as a condition of allowing
should read them carefully before doing so. You will has no liability to you for any decision to withdraw. you to bid. For help, please contact our Client
find a glossary at the end explaining the meaning of Services Department on +852 2760 1766.
the words and expressions coloured in bold. 7 JEWELLERY
(a) Coloured gemstones (such as rubies, sapphires 2 RETURNING BIDDERS
Unless we own a lot (D symbol), Christie’s acts as and emeralds) may have been treated to improve We may at our option ask you for current
agent for the seller. their look, through methods such as heating identification as described in paragraph B1(a) above,
and oiling. These methods are accepted by the a financial reference or a deposit as a condition of
A BEFORE THE SALE international jewellery trade but may make the allowing you to bid. If you have not bought anything
1 DESCRIPTION OF LOTS gemstone less strong and/or require special care from any of our salerooms in the last two years or if
(a) Certain words used in the catalogue description over time. you want to spend more than on previous occasions,
have special meanings. You can find details of (b) All types of gemstones may have been improved please contact our Bids Department on +852 2978
these on the page headed “Important Notices by some method. You may request a gemmological 9910 or email to bidsasia@christies.com.
and Explanation of Cataloguing Practice” which report for any item which does not have a report if
forms part of these terms. You can find a key to the the request is made to us at least three weeks before 3 IF YOU FAIL TO PROVIDE THE RIGHT
Symbols found next to certain catalogue entries the date of the auction and you pay the fee for the DOCUMENTS
under the section of the catalogue called “Symbols report. If in our opinion you do not satisfy our bidder
Used in this Catalogue”. (c) We do not obtain a gemmological report for identification and registration procedures including,
(b) Our description of any lot in the catalogue, every gemstone sold in our auctions. Where we but not limited to completing any anti-money
any condition report and any other statement do get gemmological reports from internationally laundering and/or anti-terrorism financing checks
made by us (whether orally or in writing) about accepted gemmological laboratories, such reports we may require to our satisfaction, we may refuse to
any lot, including about its nature or condition, will be described in the catalogue. Reports from register you to bid, and if you make a successful bid,
artist, period, materials, approximate dimensions American gemmological laboratories will describe we may cancel the contract for sale between you
or provenance are our opinion and not to be relied any improvement or treatment to the gemstone. and the seller. Christie’s may, at its option, specify
upon as a statement of fact. We do not carry out in- Reports from European gemmological laboratories the type of photo identification it will accept, for the
depth research of the sort carried out by professional will describe any improvement or treatment only purposes of bidder identification and registration
historians and scholars. All dimensions and weights if we request that they do so, but will confirm procedures.
are approximate only. when no improvement or treatment has been
made. Because of differences in approach and 4 BIDDING ON BEHALF OF ANOTHER
2 OUR RESPONSIBILITY FOR OUR technology, laboratories may not agree whether a PERSON
DESCRIPTION OF LOTS particular gemstone has been treated, the amount (a) As authorised bidder: If you are bidding on
We do not provide any guarantee in relation to the of treatment or whether treatment is permanent. behalf of another person, that person will need to
nature of a lot apart from our authenticity warranty The gemmological laboratories will only report complete the registration requirements above before
contained in paragraph E2 and to the extent on the improvements or treatments known to the you can bid, and supply a signed letter authorising
provided in paragraph I below. laboratories at the date of the report. you to bid for him/her.
(d) For jewellery sales, estimates are based on (b) As agent for an undisclosed principal: If you
3 CONDITION the information in any gemmological report or, if no are bidding as an agent for an undisclosed principal
(a) The condition of lots sold in our auctions can vary report is available, assume that the gemstones may (the ultimate buyer(s)), you accept personal liability
widely due to factors such as age, previous damage, have been treated or enhanced. to pay the purchase price and all other sums due.
restoration, repair and wear and tear. Their nature Further, you warrant that:
means that they will rarely be in perfect condition. 8 WATCHES & CLOCKS (i) you have conducted appropriate customer due
Lots are sold “as is” in the condition they are in at (a) Almost all clocks and watches are repaired diligence on the ultimate buyer(s) of the lot(s) in
the time of the sale, without any representation or in their lifetime and may include parts which are accordance with any and all applicable anti-money
warranty or assumption of liability of any kind as to not original. We do not give a warranty that any laundering and sanctions laws, consent to us relying
condition by Christie’s or by the seller. individual component part of any watch or clock is on this due diligence, and you will retain for a period
(b) Any reference to condition in a catalogue entry authentic. Watchbands described as “associated” of not less than 5 years the documentation and
or in a condition report will not amount to a full are not part of the original watch and may not be records evidencing the due diligence;
description of condition, and images may not show authentic. Clocks may be sold without pendulums, (ii) you will make such documentation and records
a lot clearly. Colours and shades may look different weights or keys. evidencing your due diligence promptly available
in print or on screen to how they look on physical (b) As collectors’ watches and clocks often have for immediate inspection by an independent third-
inspection. Condition reports may be available to very fine and complex mechanisms, a general party auditor upon our written request to do so. We
help you evaluate the condition of a lot. Condition service, change of battery or further repair work may will not disclose such documentation and records to
reports are provided free of charge as a convenience be necessary, for which you are responsible. We do any third-parties unless (1) it is already in the public
to our buyers and are for guidance only. They offer not give a warranty that any watch or clock is in domain, (2) it is required to be disclosed by law, or (3)
our opinion but they may not refer to all faults, good working order. Certificates are not available it is in accordance with anti-money laundering laws;
inherent defects, restoration, alteration or adaptation unless described in the catalogue. (iii) the arrangements between you and the ultimate
because our staff are not professional restorers (c) Most watches have been opened to find out buyer(s) are not designed to facilitate tax crimes;
or conservators. For that reason they are not an the type and quality of movement. For that reason, (iv) you do not know, and have no reason to suspect,
alternative to examining a lot in person or taking watches with water resistant cases may not be that the funds used for settlement are connected
your own professional advice. It is your responsibility waterproof and we recommend you have them with, the proceeds of any criminal activity or that the
to ensure that you have requested, received and checked by a competent watchmaker before use. ultimate buyer(s) are under investigation, charged
considered any condition report. Important information about the sale, transport and with or convicted of money laundering, terrorist
shipping of watches and watchbands can be found activities or other money laundering predicate
4 VIEWING LOTS PRE-AUCTION in paragraph H2(g). crimes.
(a) If you are planning to bid on a lot, you should A bidder accepts personal liability to pay the
inspect it personally or through a knowledgeable B REGISTERING TO BID purchase price and all other sums due unless it
representative before you make a bid to make sure 1 NEW BIDDERS has been agreed in writing with Christie’s before
that you accept the description and its condition. (a) If this is your first time bidding at Christie’s commencement of the auction that the bidder is
We recommend you get your own advice from a or you are a returning bidder who has not bought acting as an agent on behalf of a named third party
restorer or other professional adviser. anything from any of our salerooms within the last acceptable to Christie’s and that Christie’s will only
(b) Pre-auction viewings are open to the public two years you must register at least 48 hours before seek payment from the named third party.
free of charge. Our specialists may be available to an auction to give us enough time to process and
answer questions at pre-auction viewings or by approve your registration. We may, at our option, 5 BIDDING IN PERSON
appointment. decline to permit you to register as a bidder. You will If you wish to bid in the saleroom you must register
be asked for the following: for a numbered bidding paddle at least 30 minutes
5 ESTIMATES (i) for individuals: Photo identification (driving before the auction. For help, please contact the
Estimates are based on the condition, rarity, quality licence, national identity card or passport) and, if not Client Services Department on +852 2760 1766.
and provenance of the lots and on prices recently shown on the ID document, proof of your current
paid at auction for similar property. Estimates can address (for example, a current utility bill or bank 6 BIDDING SERVICES
change. Neither you, nor anyone else, may rely on statement); The bidding services described below are a free
any estimates as a prediction or guarantee of the (ii) for corporate clients: Your Certificate of service offered as a convenience to our clients and
actual selling price of a lot or its value for any other Incorporation or equivalent document(s) showing Christie’s is not responsible for any error (human
purpose. Estimates do not include the buyer’s your name and registered address, photo ID copy or otherwise), omission or breakdown in providing
premium or any applicable taxes. Estimates may of the authorized bidder, letter of authorization duly these services.
be shown in different currencies from that of the signed by legal representative and, where applicable, (A) PHONE BIDS
saleroom for guidance only. The rate of exchange chopped with company stamp and together with Your request for this service must be made no later
used in our printed catalogues is fixed at the latest documentary proof of directors and beneficial than 24 hours prior to the auction and may also be