Page 112 - Ming Porcelain Auction March 14, 2017 Sotheby's, NYC
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110 SOTHEBY’S NEW YORK 14 MARCH 2017                                                                MING: THE INTERVENTION OF IMPERIAL TASTE

Shipping Services Sotheby’s o ers a com-          check with the specialist department or the       (3) In your home                                 INFORMATION ON SALES
prehensive shipping service to meet all of        Shipping Department if you are uncertain as       Evaluations of property can also be made in
your requirements. If you received a shipping     to whether a lot is subject to these export/      your home. The fees for such visits are based    AND USE TAX RELATED TO
quotation or have any questions about the         import license and certi cate requirements,       on the scope and diversity of property, with
services we o er please contact us.               or any other restrictions on exportation.         travel expenses additional. These fees may be    PURCHASES AT AUCTION
                                                                                                    rebated if you consign your property for sale
Collecting your Property As a courtesy to         The Art Loss Register As part of Sotheby’s        at Sotheby’s. If there is considerable property  To better assist our clients, we have prepared
purchasers who come to Sotheby’s to collect       e orts to support only the legitimate art         in question, we can arrange for an informal      the following information on Sales and Use
property, Sotheby’s will assist in the packing    market and to combat the illegitimate market      “walkthrough.”                                   Tax related to property purchased at auction.
of lots, although Sotheby’s may, in the case      in stolen property, Sotheby’s has retained
of fragile articles, choose not to pack or        the Art Loss Register to check all uniquely       Once your property has been evaluated,           Why Sotheby’s Collects Sales Tax Virtually
otherwise handle a purchase.                      identi able items o ered for sale in this         Sotheby’s representatives can then help you      all State Sales Tax Laws require a corporation
                                                  catalogue that are estimated at more than         determine how to proceed should you wish         to register with the State’s Tax Authorities and
If you are using your own shipper to collect      the equivalent of US$1,500 against the Art        to continue with the auction process. They       collect and remit sales tax if the corporation
property from Sotheby’s, please provide a         Loss Register’s computerized database of          will provide information regarding sellers’      maintains a presence within the state, such
letter of authorization and kindly instruct your  objects reported as stolen or lost. The Art Loss  commission rates and other charges, auction      as o ces. In the states that impose sales
shipper that they must provide a Bill of Lading   Register is pleased to provide purchasers         venue, shipping and any further services you     tax, Tax Laws require an auction house, with
prior to collection. Both documents must be       with a certi cate con rming that a search         may require.                                     a presence in the state, to register as a sales
sent to Post Sale Services prior to collection.   has been made. All inquiries regarding                                                             tax collector, and remit sales tax collected to
                                                  search certi cates should be directed to The      SOTHEBY’S SERVICES                               the state. New York sales tax is charged on
The Bill of Lading must include: the              Art Loss Register, First Floor, 63-66 Hatten                                                       the hammer price, buyer’s premium and any
purchaser’s full name, the full delivery          Garden, London EC1N 8LE or by email at            Sotheby’s also o ers a range of other            other applicable charges on any property
address including the street name and             artloss@artloss.com. The Art Loss Register        services to our clients beyond buying            picked up or delivered in New York, regardless
number, city and state or city and country, the   does not guarantee the provenance or title        and selling at auction. These services are       of the state or country in which the purchaser
sale and lot number.                              of any catalogued item against which they         summarized below. Further information on         resides or does business.
                                                  search, and will not be liable for any direct or  any of the services described below can be
Sotheby’s will contact your shipper within        consequential losses of any nature howsoever      found at sothebys.com.                           Where Sotheby’s Collects Sales Tax
24 hours of receipt of the Bill of Lading to      arising. This statement and the ALR’s service                                                      Sotheby’s is currently registered to collect
con rm the date and time that your property       do not a ect your rights and obligations under    Valuations and Appraisals Sotheby’s              sales tax in the following states: California,
can be collected. Property will not be            the Conditions of Sale applicable to the sale.    Valuations and Appraisals Services o ers         Colorado, Connecticut, Florida, Illinois,
released without this con rmation and your                                                          advice regarding personal property assets        Maryland, Massachusetts, Minnesota,
shipper must bring the same Bill of Lading        SELLING AT AUCTION                                to trusts, estates, and private clients          Missouri, New Jersey, New York, Ohio,
that was faxed to Sotheby’s when collecting.                                                        in order to help duciaries, executors,           Pennsylvania, Texas and Washington. For
All property releases are subject to the receipt  If you have property you wish to sell, Sotheby’s  advisors, and collectors meet their goals.       any property collected or received by the
of cleared funds.                                 team of specialists and client services           We provide e cient and con dential advice        purchaser in New York City, such property is
                                                  representatives will assist you through the       and assistance for all appraisal and auction     subject to sales tax at the existing
Please see the Conditions of Sale for further     entire process. Simply contact the appropriate    services. Sotheby’s can prepare appraisals       New York State and City rate of 8.875%.
details.                                          specialist (specialist departments are listed in  to suit a variety of needs, including estate
                                                  the back of this catalogue), General Inquiries    tax and planning, insurance, charitable          Sotheby’s Arranged Shipping If the
Endangered Species Certain property               Department or a Sotheby’s regional o ce           contribution and collateral loan. Our            property is delivered into any state in which
sold at auction, for example, items made of       representative for suggestions on how best to     appraisals are widely accepted by the            Sotheby’s is registered, Sotheby’s is required
or incorporating plant or animal materials        arrange for evaluation of your property.          Internal Revenue Service, tax and estate         by law to collect and remit the appropriate
such as coral, crocodile, ivory, whalebone,                                                         planning professionals, and insurance rms.       sales tax in e ect in the state where the
tortoiseshell, rhinoceros horn, rosewood,         Property Evaluation There are three               In the event that a sale is considered, we are   property is delivered.
etc., irrespective of age or value, may require   general ways evaluation of property can be        pleased to provide auction estimates, sales
a license or certi cate prior to exportation      conducted:                                        proposals and marketing plans. When sales        Client Arranged Shipping Property
and additional licenses or certi cates upon                                                         are underway, the group works closely with       collected from Sotheby’s New York premises
importation to another country. Sotheby’s         (1) In our galleries                              the appropriate specialist departments to        by a common carrier hired by the purchaser
suggests that buyers check on their               You may bring your property directly to our       ensure that clients’ needs are met promptly      for delivery at an address outside of New York
government wildlife import requirements           galleries where our specialists will give you     and e ciently.                                   is not subject to New York Sales Tax, but if the
prior to placing a bid. Please note that          auction estimates and advice. There is no                                                          property is delivered into any state in which
the ability to obtain an export license or        charge for this service, but we request that      Financial Services Sotheby’s o ers a wide        Sotheby’s is registered, Sotheby’s is required
certi cate does not ensure the ability to         you telephone ahead for an appointment.           range of nancial services including advances     by law to collect and remit the appropriate
obtain an import license or certi cate in         Inspection hours are 9:30 am to 5 pm,             on consignments, as well as loans secured by     sales tax in e ect in the state where the
another country, and vice versa. It is the        Monday through Friday.                            art collections not intended for sale.           property is delivered. New York State
purchaser’s responsibility to obtain any                                                                                                             recognizes shippers such as the United States
export or import licenses and/or certi cates      (2) By photograph                                 Museum Services Tailored to meet the             Postal Service, United Parcel Service, FedEx, or
as well as any other required documentation.      If your property is not portable, or if you are   unique needs of museums and nonpro ts            the like as “common carriers”. If a purchaser
In the case of denial of any export or import     not able to visit our galleries, you may bring    in the marketplace, Museum Services o ers        hires a shipper other than a common carrier
license or of delay in the obtaining of such      in or send a clear photograph of each item. If    personal, professional assistance and advice     to pick up property, Sotheby’s will collect New
licenses, the purchaser is still responsible      you have a large collection, a representative     in areas including appraisals, deaccessions,     York sales tax at a rate of 8.875% regardless
for making on-time payment of the total           selection of photographs will do. Please          acquisitions and special events.                 of the ultimate destination of the goods. If a
purchase price for the lot.                       be sure to include the dimensions, artist’s                                                        purchaser utilizes a freight-forwarder who is
                                                  signature or maker’s mark, medium, physical       Corporate Art Services Devoted to                registered with the Transportation Security
Although licenses can be obtained to export       condition and any other relevant information.     servicing corporations, Sotheby’s Corporate      Administration (“TSA”) to deliver property
some types of endangered species, other           Our specialists will provide a free preliminary   Art Services Department can prepare              outside of the United States, no sales tax
types may not be exported at all, and other       auction estimate subject to a nal estimate        appraisal reports, advise on acquisitions        would be due on this transaction.
types may not be resold in the United States.     upon rst-hand inspection.                         and deaccessions, manage all aspects of
Upon request, Sotheby’s is willing to assist                                                        consignment, assist in developing arts-
the purchaser in attempting to obtain the                                                           management strategies and create events
appropriate licenses and/or certi cates.                                                            catering to a corporation’s needs.
However, there is no assurance that an export
license or certi cate can be obtained. Please
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