Page 245 - Sotheby's NYC September 21 2022 Important Chinese Art

BUYING AT AUCTION may be compensated for providing known until after the digital catalogue Cryptocurrency Payments art. However, the identity of the seller or for sale, the auctioneer will execute the and an overhead premium will be added Payment by Check Please contact
the irrevocable bid by receiving a is initially available for viewing, then previous owners may not be disclosed bid on your behalf, making every effort to the hammer price and are payable Post Sale Services for information
The following will help in understanding contingent fee, a fixed fee or both. From Sotheby’s will notify bidders that an We will accept cryptocurrency as for a variety of reasons. For example, to purchase the item for as little as by the purchaser as part of the total regarding payment by check.
the auction buying process as well time to time, a Sotheby’s shareholder interested party may bid on the lot by payment for lots with this symbol, such information may be excluded to possible and never exceeding your limit. purchase price. The applicable buyer’s
as some of the terms and symbols may be an irrevocable bidder. If the one or more of the following means: the within the parameters specified in the accommodate a seller’s request for This service is free and confidential. premium and overhead premium rates Payment by Wire Transfer To pay for
a purchase by wire transfer, please
Conditions of Business for Buyers (or
commonly used in an auction catalogue. irrevocable bidder is the successful lot’s specific webpage will be updated to confidentiality or because the identity of Advance Bidding for Live Auctions are as set forth in the Conditions of refer to the payment instructions on
All bidders should read the Conditions bidder, any contingent fee, fixed fee or include the interested parties symbol, where applicable, in the Conditions prior owners is unknown given the age Business for Buyers.
of Business for Buyers, as well as the both (as applicable) for providing the a notice will be added to the Sotheby’s of Sale and Additional Conditions of of the work of art. For certain live sales, where Advance the invoice provided by Sotheby’s or
Glossary or any other notices. By irrevocable bid may be netted against webpage for the auction, or a pre-sale Sale for Payment by Cryptocurrency) Specialist Advice Prospective Bids are accepted, if you submit an Currency Board As a courtesy to contact Post Sale Services to request
instructions.
bidders, a currency board is operated
“Advance Bid” (as described above in
applicable to the sale and only on the
bidding at auction, bidders are bound by the irrevocable bidder’s obligation to or pre-lot announcement will be made bidders may be interested in specific “BEFORE THE AUCTION”), and your in many salesrooms. It displays the
the Conditions of Business for Buyers, pay the full purchase price for the lot indicating that an interested party may terms and conditions set out therein Sales and Use Tax New York sales tax is
as amended by any oral announcement and the purchase price reported for the bid on the lot. as of the date of the sale. Please review information not included in the bid is not executed up to its maximum lot number and current bid in both charged on the hammer price, buyer’s
or posted notices. lot shall be net of any such fees. From ◉ Restricted Materials those terms and conditions if you are catalogue description of a lot. For value before the live auction begins, U.S. dollars and foreign currencies. premium, overhead premium and
interested in paying in cryptocurrency,
Exchange rates are approximations
additional information, please contact
your bid will continue to be executed
time to time, Sotheby’s may enter into any other applicable charges on any
1. SYMBOL KEY irrevocable bid agreements that cover Lots with this symbol have been and contact Post Sale Services for more either a Sotheby’s specialist in charge automatically on your behalf during the based on recent exchange rate property picked up or delivered in New
□ Reserves multiple lots. In such instances, the identified at the time of cataloguing as information. of the sale, or Sotheby’s Client Services live auction up to your predetermined information and should not be relied York State, regardless of the state or
upon as a precise invoice amount.
maximum bid. You may also continue to
Department. You may also request a
compensation Sotheby’s will pay the containing organic material which may 2. BEFORE THE AUCTION country in which the purchaser resides
Unless indicated by a box (□), all lots irrevocable bidder is allocated to the lots be subject to restrictions regarding condition report from the specialist in bid via the Online Platforms at the next Sotheby’s assumes no responsibility or does business. Purchasers who wish
in this catalogue are offered subject to for which the irrevocable bidder is not import or export. The information is Bidding in advance of the live auction charge. increment above your maximum bid. for any error or omission in foreign or to use their own shipper who is not a
a reserve. A reserve is the confidential the successful purchaser. Under such made available for the convenience of For certain sales, you may bid in Viewing Property will be available for Online bidding may not be available for United States currency amounts shown. considered a “common carrier” by the
minimum hammer price at which a lot circumstances, the total compensation bidders and the absence of the symbol advance of the live auction (“Advance viewing at an exhibition of the auction Premium Lots. Results Sale results are available on New York Department of Taxation and
will be sold. The reserve is generally to the irrevocable bidder will not exceed is not a warranty that there are no Bids”) on sothebys.com or the property or by appointment only at In Person Bidding for Live Auctions sothebys.com and on the Sotheby’s Finance will be charged New York sales
set at a percentage of the low estimate the total buyer’s premium and other restrictions regarding import or export Sotheby’s App. In order to do so, you our New York premises or such other For the most up-to-date information App. tax on the entire charge regardless of
and will not exceed the low estimate of amounts paid to Sotheby’s in respect of the Lot. Please also refer to the must register an account with Sotheby’s location as we may indicate from time regarding in person bidding, please the destination of the property. Please
the lot. If any lots in the catalogue are of any lots for which the irrevocable section on Endangered Species in the and provide requested information. to time as indicated on the webpage for call Sotheby’s or visit Sothebys.com. International Auctions If you need refer to “Information on Sales and Use
offered without reserve, such lots will be bidder is not the successful bidder. If information on Buying at Auction. Once you have done so, navigate to the sale. Bidders are encouraged to submit bids assistance placing bids, obtaining Tax Related to Purchases at Auction”.
designated by a box (□). If every lot in a this auction has a printed catalogue, your desired lot, and click the “Place online on Sothebys.com or through the condition reports or receiving auction
catalogue is offered without a reserve, a PDF catalogue or both and the ∏ Monumental Bid” button. You may bid at or above Salesroom Notices Salesroom notices Sotheby’s App. results for a Sotheby’s sale outside Collection and Delivery
the Conditions of Business for Buyers irrevocable bid is not secured until after Lots with this symbol may, in our the starting bid displayed on the Online amend the catalogue description after the United States, please contact Post Sale Services
will so state and this symbol will not be such catalogue is finalized or if there is opinion, require special handling or Platforms. Please note that we reserve our catalogue is available. They are Telephone Bidding for Live Auctions In our International Client Services
used for each lot. the right to amend the starting bid prior announced by the auctioneer and/or some circumstances, we offer the Department. + 1 212 606 7444
no printed catalogue or PDF catalogue shipping services due to size or other posted on the sale page. Please take ability to place bids by telephone
○ Guaranteed Property and the irrevocable bid is not secured physical considerations. Bidders are to the start of the live auction. You may note of them. live to a Sotheby’s representative on 4. AFTER THE AUCTION FAX: + 1 212 606 7043
until after the digital catalogue is initially advised to inspect the lot and to contact also input your maximum bid which,
The seller of lots with this symbol has available for viewing, then Sotheby’s Sotheby’s prior to the sale to discuss upon confirmation, will be executed Registration Sotheby’s may require the auction floor. Please contact the Payment If your bid is successful, uspostsaleservices@sothebys.com
been guaranteed a minimum price from will notify bidders that there is an any specific shipping requirements. automatically up to this predefined such necessary financial references, Bid Department prior to the sale to your invoice will be mailed to you. The All collections and deliveries for
one auction or a series of auctions. irrevocable bid on the lot by one or more maximum value, in response to other guarantees, deposits and/or such other make arrangements or to answer any final price is determined by adding the purchased property will be handled by
This guarantee may be provided by of the following means: the lot’s specific ✧ Premium Lot bids, including bids placed by Sotheby’s security, in its absolute discretion, as questions you may have. Telephone buyer’s premium, overhead premium Post Sale Services in coordination with
Sotheby’s or jointly by Sotheby’s and webpage will be updated to include the In order to bid on “Premium Lots” on behalf of the seller up to the amount security for your bid. bids are accepted only at Sotheby’s and any other applicable charges to purchasers after the auction. Unless
a third party. Sotheby’s and any third irrevocable bid symbol, a notice will (in print catalogue or ✧ in the lot’s of the reserve (if applicable). The If you are not successful on any lot, discretion and at the caller’s risk. Calls the hammer price on a per-lot basis. otherwise agreed by Sotheby’s, all
parties providing a guarantee jointly be added to the Sotheby’s webpage specific webpage) you may be current leading bid will be visible to all Sotheby’s will arrange for a refund may also be recorded at Sotheby’s Sales tax, where applicable, will be property must be removed from our
with Sotheby’s benefit financially if for the auction, or a pre-sale or pre-lot required to complete a Premium Lot bidders; the value and status of your (subject to any right of set off) of the discretion. By bidding on the telephone, charged on the entire amount. Payment or our vendor’s premises (as indicated
a guaranteed lot is sold successfully announcement will be made indicating pre-registration application. You must maximum bid will be visible only to you. deposit amount paid by you without prospective buyers consent thereto. is due in full immediately after the sale. on the invoice) by the purchaser at his
and may incur a loss if the sale is not that there is an irrevocable bid on the arrange for Sotheby’s to receive your If the status of your bid changes, you will interest within 14 working days of the Online Bidding Bidders are However, under certain circumstances, expense not later than 30 calendar
successful. A third party providing a lot. From time to time, Sotheby’s or any pre-registration application at least receive notifications via email and push date of the sale. Any exchange losses encouraged to submit bids online on Sotheby’s may, in its sole discretion, days following the close of the auction.
guarantee jointly with Sotheby’s may affiliated company may provide the three working days before the sale. (if you have enabled push notifications) or fees associated with the refund shall Sothebys.com or through the Sotheby’s offer bidders an extended payment As a reminder your property cannot
provide an irrevocable bid, or otherwise irrevocable bidder with financing related Please bear in mind that we are unable leading up to the live auction. You be borne by you. Registration to bid on App. For information about registering plan. Such a payment plan may provide be released until payment has been
bid, on the guaranteed property. If this to the irrevocable bid. In addition, from to obtain financial references over may raise your maximum bid at any Premium Lots must be done at least 3 to bid on sothebys.com or through the an economic benefit to the bidder. received and cleared.
auction has a printed catalogue, a PDF time to time, an irrevocable bidder weekends or public holidays. Sotheby’s time in advance of the live auction. business days prior to the sale. Sotheby’s App, please see sothebys. Credit terms should be requested at
catalogue or both and the guaranteed may have knowledge of the amount of decision whether to accept any pre- Please note in certain circumstances, com. Online bidding may not be least one business day before the sale. Shipping Services Sotheby’s offers
property symbol for a lot is not included a guarantee. If the irrevocable bidder registration application shall be final. If clients who have been outbid may be 3. DURING THE AUCTION available for Premium Lots. However, there is no assurance that an a comprehensive shipping service to
in such catalogue or if there is no is advising anyone with respect to the all lots in the catalogue are “Premium reinstated as the leading bidder and will extended payment plan will be offered. meet all of your requirements. If you
printed catalogue or PDF catalogue lot, Sotheby’s requires the irrevocable Lots”, a Special Notice will be included receive notification via email or push The Auction Auctions are open to the Employee Bidding Sotheby’s Please contact Post Sale Services or received a shipping quotation or have
public (subject to any governmental
and the guaranteed property symbol bidder to disclose his or her financial to this effect and this symbol will not notifications (if enabled on your device). health or safety restrictions) without employees may bid in a Sotheby’s the specialist in charge of the sale for any questions about the services we
for a lot is not included at the time the interest in the lot. If an agent is advising be used. any admission fee or obligation to auction only if the employee does not information on credit arrangements offer please contact us.
digital catalogue is initially available you or bidding on your behalf with The Catalogue The catalogue will know the reserve and if the employee for a particular lot. Please note that Collecting your Property All collections
for viewing, then Sotheby’s will notify respect to a lot identified as being ⊖ US Import Tariff help familiarize you with property being bid. The auctioneer introduces the fully complies with Sotheby’s internal Sotheby’s will not accept payments for and deliveries for purchased property
objects for sale — known as “lots”
offered at the designated auction.
bidders that there is a guarantee on subject to an irrevocable bid, you should Please note that this lot is subject to an — in numerical order as listed in the rules governing employee bidding. purchased lots from any party other will be handled by Post Sale Services
the lot by one or more of the following request that the agent disclose whether import tariff. The amount of the import Prospective bidders should consult catalogue. Unless otherwise noted US Economic Sanctions The United than the purchaser, unless otherwise in coordination with purchasers after
means: the lot’s specific webpage will or not he or she has a financial interest tariff due is a percentage of the value sothebys.com for the most up to date States maintains economic and trade agreed between the purchaser and the auction. Unless otherwise agreed
be updated to include the guaranteed in the lot. declared upon entry into the United cataloguing of the property in this in the catalogue, on the sale page or sanctions against targeted foreign Sotheby’s prior to the sale. by Sotheby’s, all property must be
by an announcement at the auction,
catalogue.
property symbol, a notice will be States. The amount of the import tariff Sotheby’s acts as agent on behalf of countries, groups and organizations. Payment by Cash It is against removed from our or our vendor’s
added to the Sotheby’s webpage for ⊻ Interested Parties is not based on the final hammer price. Estimates Each lot in the catalogue is the seller and does not permit the seller There may be restrictions on the import Sotheby’s general policy to accept premises (as indicated on the invoice)
the auction, or a pre-sale or pre-lot Lots with this symbol indicate that The buyer should contact Sotheby’s given a low and high estimate, indicating into the United States of certain items by the purchaser at his expense not
announcement will be made indicating parties with a direct or indirect interest prior to the sale to determine the to a prospective buyer a range in which to bid on his or her own property. It is originating in sanctioned countries, payments in the form of cash or cash later than 30 calendar days following
important for all bidders to know that
equivalents.
that there is a guarantee on the lot. in the lot may be bidding on the lot, amount of the import tariff. If the buyer the lot might sell at auction. When the auctioneer may open the bidding on including Cuba, Iran, North Korea and the close of the auction. As a courtesy to
△ Property in which Sotheby’s has an including (i) the beneficiary of an estate instructs Sotheby’s to arrange shipping possible, the estimate is based on any lot by placing a bid on behalf of the Sudan. The purchaser’s inability to Payment by Credit Cards Sotheby’s purchasers who come to Sotheby’s to
accepts payment by credit card for Visa,
Ownership Interest selling the lot, or (ii) the joint owner of the lot to a foreign address, the buyer previous auction records of comparable seller. The auctioneer may further bid import any item into the US or any collect property, Sotheby’s will assist in
of a lot. If the interested party is the will not be required to pay the import pieces. The estimates are determined on behalf of the seller, up to the amount other country as a result of these MasterCard, and American Express the packing of lots, although Sotheby’s
Lots with this symbol indicate that successful bidder, they will be required tariff. If the buyer instructs Sotheby’s to several months before a sale and are of the reserve, by placing responsive or other restrictions shall not justify only. Credit card payments may not may, in the case of fragile articles,
Sotheby’s owns the lot in whole or in to pay the full buyer’s premium and arrange shipping of the lot to a domestic therefore subject to change upon or consecutive bids for a lot. The cancellation or rescission of the sale exceed $50,000 per sale. Payment by choose not to pack or otherwise handle
part or has an economic interest in the overhead premium. In certain instances, address, or if the buyer collects the further research of the property, or to or any delay in payment. Please check credit card may be made (a) online a purchase.
lot equivalent to an ownership interest. reflect market conditions or currency auctioneer will not place consecutive at https://www.sothebys.com/en/
interested parties may have knowledge property in person, or if the buyer bids on behalf of the seller above the with the specialist department if you If you are using your own shipper to
⋑ Irrevocable Bids of the reserve. If this auction has a arranges their own shipping (whether fluctuations. Estimates should not reserve. are uncertain as to whether a lot is invoice-payment.html, (b) through the collect property from Sotheby’s, please
printed catalogue, a PDF catalogue or domestically or internationally), the be relied upon as a representation or subject to these import restrictions, or Sotheby’s App, (c) by calling in to Post
Lots with this symbol indicate that both and the interested party’s possible buyer will be required to pay the import prediction of actual selling prices. Absentee Bidding for Live Auctions any other restrictions on importation or Sale Services at +1 212 606 7444, or (d) provide a letter of authorization and
a party has provided Sotheby’s with participation in the sale Is not known tariff. The import tariff is included in the If you do not wish to bid online during exportation. in person at Sotheby’s premises at the kindly instruct your shipper that they
an irrevocable bid on the lot that until after such catalogue is finalized or purchase price and, where applicable, Provenance In certain circumstances, a live auction, you may place your bid address noted in the catalogue (subject must provide a Bill of Lading prior to
will be executed during the sale at if there is no printed catalogue or PDF sales tax will be added to the purchase Sotheby’s may include in the catalogue ahead of time, either via sothebys. Hammer Price and the Buyer’s to any governmental health or safety collection. Both documents must be
a value that ensures that the lot will catalogue and the interested party’s price as per our Sales and Use Tax the history of ownership of a work of com or the App, or by submitting your Premium and the Overhead Premium restrictions). Please contact Post Sale sent to Post Sale Services prior to
sell. The irrevocable bidder, who may possible participation in the sale Is not section. art if such information contributes to bid in writing to the Bids Department. For lots which are sold, the last price for Services for more information regarding collection.
bid in excess of the irrevocable bid, scholarship or is otherwise well known Once the live auction opens, when the a lot as announced by the auctioneer is paying in person.
and assists in distinguishing the work of
lot that you are interested in comes up the hammer price. A buyer’s premium
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