Page 246 - Sothebys Fine Chinese paintings Hong Kong
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IMPORTANT NOTICE          Paintings, Fine Classical Chinese Paintings,   △  Property in which Sotheby’s has an   2.  BIDDING IN THE SALE
                                  Magnificent Jewels & Jadeite and Modern &   Ownership Interest
        Please note that all lots are sold subject to   Contemporary Art – Evening Sale) and of   Lots with this symbol indicate that Sotheby’s   Bidding at Auction Bids may be executed
        our Conditions of Business for Buyers and   HK$2,000,000 or such higher amount as   owns the lot in whole or in part or has an   in person by paddle during the auction, in
        Authenticity Guarantee, which are set forth at   may be determined by Sotheby’s (for any   economic interest in the lot equivalent to an   writing prior to the sale, by telephone or by
        the back of this catalogue and Conditions of   items in other categories), and any financial   ownership interest. If all lots in the catalogue   BID now .
        Business for Sellers, which are available from   references, guarantees and/or such other   are lots in which Sotheby’s has an ownership   Auction speeds vary, but average between 50
        Sotheby’s offices on request. Prospective   security as Sotheby’s may require in its   interest, a Special Notice will be included to   and 120 lots per hour. The bidding steps are
        bidders should review the Conditions of   absolute discretion as security for the bid.  this effect and the triangle symbol will not be   generally in increments of approximately 10%
        Business, Authenticity Guarantee and the   For any lots other than Premium Lots,   used.  of the previous bid.
        Buying at Auction guide.  regardless of the low pre-sale estimate for the      Please refer to Conditions 5 and 6 of the
                                  lot, Sotheby’s reserves the right to request   h Irrevocable Bids  Conditions of Business for Buyers printed in
        Condition reports printed in the catalogue are   from prospective bidders to complete the pre-  Lots with this symbol indicate that a party has   this catalogue.
        intended as a guide only. Sotheby’s will be   registration application form and to deliver   provided Sotheby’s with an irrevocable bid on
        pleased to provide more detailed reports on   to Sotheby’s a deposit of HK$1,000,000 or   the lot that will be executed during the sale at   Bidding in Person To bid in person, you will
        any lot on request. Nevertheless, prospective   such higher amount as may be determined   a value that ensures that the lot will sell.  The   need to register for and collect a numbered
        buyers are reminded that all lots are sold   by Sotheby’s (for any items of Chinese Works   irrevocable bidder, who may bid in excess   paddle before the auction begins. Proof
        as shown and their attention is drawn to   of Art, Fine Chinese Paintings, Fine Classical   of the irrevocable bid, will be compensated   of identity will be required. If you have a
        Condition 3 of the Conditions of Business for   Chinese Paintings, Magnificent Jewels &   based on the final hammer price in the event   Sotheby’s Identification Card, it will facilitate
        Buyers printed in this catalogue.  Jadeite and Modern & Contemporary Art –   he or she is not the successful bidder. If the   the registration process. If you wish to register
                                  Evening Sale) and of HK$500,000 or such   irrevocable bidder is the successful bidder,   to bid on a Premium Lot, please see the
        重要通知                      other higher amount as maybe determined by   he or she will be required to pay the full   paragraph above.
        請注意所有拍賣品皆受制於目錄後給買家業       Sotheby’s (for any items in other categories)   Buyer’s Premium and will not be otherwise   Should you be the successful buyer of a lot,
        務規則及真品保證,以及可於蘇富比辦事處       and any financial references, guarantees and/  compensated. If the irrevocable bid is not   please ensure that your paddle can be seen by
        索取給賣家業務規則。準買家應細閱買家業       or such other security as Sotheby’s may   secured until after the printing of the auction   the auctioneer and that it is your number that
        務規則,真品保證及給準買家之指引。         require in its absolute discretion as security   catalogue, a pre-lot announcement will be   is called out. Should there be any doubts as to
                                  for the bid.               made indicating that there is an irrevocable   price or buyer, please draw the auctioneer’s

        目錄中的狀況報告用意在於為準買家提供指       Pre-sale Estimates Pre-sale estimates are   bid on the lot.  If the irrevocable bidder is   attention to it immediately.
        引。如有要求的話蘇富比樂意提供任何物品       intended as a guide for prospective buyers.   advising anyone with respect to the lot,   All lots sold will be invoiced to the name
        之詳細報告。無論如何,請準買家注意所有       Any bid between the high and low pre-sale   Sotheby’s requires the irrevocable bidder to   and address in which the paddle has been
        物品皆以出示的狀況出售及注意給買家業務       estimates would, in our opinion, offer a chance   disclose his or her financial interest in the lot.    registered and cannot be transferred to other
                                                                                       names and addresses.
                                                             If an agent is advising you or bidding on your
        規則交易條款 3。                 of success. However, all lots can realise prices   behalf with respect to a lot identified as being   Please do not mislay your paddle; in the event
                                  above or below the pre-sale estimates.  subject to an irrevocable bid, you should   of loss, inform the Sales Clerk immediately. At
                                  It is advisable to consult us nearer the time of   request that the agent disclose whether or   the end of the sale, please return your paddle
        BUYING AT AUCTION         sale as estimates can be subject to revision.   not he or she has a financial interest in the lot.  to the registration desk.
                                  The estimates printed in the auction catalogue
        The following pages are designed to give   do not include the buyer’s premium.  g Interested Parties  Absentee Bids If you cannot attend the
        you useful information on how to buy at              Lots with this symbol indicate that parties   auction, we will be happy to execute written
        auction. Sotheby’s staff as listed at the front   Symbol Key The following key explains the   with a direct or indirect interest in the lot   bids on your behalf. A bidding form can be
        of this catalogue will be happy to assist you.   symbols you may see inside this catalogue.  may be bidding on the lot, including (i) the   found at the back of this catalogue. This
        However, it is important that you read the           beneficiary of an estate selling the lot, or   service is free and confidential. Lots will
        following information carefully and note that    Premium Lots  (ii) the joint owner of a lot.  If the interested   always be bought as cheaply as is consistent
        Sotheby’s acts for the seller; you should refer   In order to bid on “Premium Lots” (  in print   party is the successful bidder, they will be   with other bids, the reserves and Sotheby’s
        in particular to Conditions 3 and 4 of the   catalogue,    in eCatalogue), Sotheby’s may   required to pay the full Buyer’s Premium.  In   commissions. In the event of identical bids, the
        Conditions of Business for Buyers printed in   request from prospective bidders to complete   certain instances, interested parties may have   earliest received will take precedence. Always
        this catalogue.           the pre-registration application form and to   knowledge of the reserve.  In the event the   indicate a “top limit” - the hammer price to
        Prospective bidders should also consult   deliver to Sotheby’s a deposit of   interested party’s possible participation in the   which you would bid if you were attending the
        www.sothebys,com for the most up to date   HK$5,000,000 or such other higher amount   sale is not known until after the printing of the   auction yourself. “Buy” and unlimited bids will
        cataloguing of the property in this catalogue.  as may be determined by Sotheby’s (for any   auction catalogue, a pre-lot announcement   not be accepted. Please refer to Condition 5 of
                                  items of Chinese Works of Art, Fine Chinese   will be made indicating that interested parties   the Conditions of Business for Buyers printed
        Provenance In certain circumstances,   Paintings, Fine Classical Chinese Paintings,   may be bidding on the lot.  in this catalogue.
        Sotheby’s may print in the catalogue the   Magnificent Jewels & Jadeite and Modern &   Telephoned absentee bids must be confirmed
        history of ownership of a work of art if such   Contemporary Art – Evening Sale) and of   □ No Reserve  before the sale by letter or fax. Fax number for
        information contributes to scholarship   HK$2,000,000 or such other higher amount   Unless indicated by a box ( □ ), all lots in this   bids only: (852) 2522 1063.
        or is otherwise well known and assists in   as may be determined by Sotheby’s (for any   catalogue are offered subject to a reserve.   To ensure a satisfactory service, please ensure
        distinguishing the work of art. However, the   items in other categories), and any financial   A reserve is the confidential hammer price   that we receive your bids at least 24 hours
        identity of the seller or previous owners may   references, guarantees and/or such other   established between Sotheby’s and the   before the sale.
        not be disclosed for a variety of reasons. For   security as Sotheby’s may require in its   seller and below which a lot will not be sold.
        example, such information may be excluded   absolute discretion as security for the bid. If   The reserve is generally set at a percentage   Bidding by Telephone If you cannot
        to accommodate a seller’s request for   all lots in the catalogue are “Premium Lots”, a   of the low estimate and will not exceed the   attend the auction, it is possible to bid on
        confidentiality or because the identity of prior   Special Notice will be included to this effect   low estimate for the lot. If any lots in the   the telephone on lots with a minimum low
        owners is unknown given the age of the work   and this symbol will not be used.    catalogue are offered without a reserve, these   estimate of HK$40,000. As the number of
        of art.                                              lots are indicated by a box ( □ ). If all lots in   telephone lines is limited, it is necessary to
        Buyer’s Premium A buyer’s premium will be   m  Guaranteed Property  the catalogue are offered without a reserve,   make arrangements for this service 24 hours
                                                             a Special Notice will be included to this effect
                                                                                       before the sale.
        added to the hammer price and is payable by   The seller of lots with this symbol has   and the box symbol will not be used.  We also suggest that you leave a maximum
                                  been guaranteed a minimum price from
        the buyer as part of the total purchase price.   one auction or a series of auctions.  This   bid which we can execute on your behalf
        The buyer’s premium is 25% of the hammer   guarantee may be provided by Sotheby’s,   Condition of Lots Prospective buyers are   in the event we are unable to reach you by
        price up to and including HK$2,400,000, 20%   by a third party or jointly by Sotheby’s and a   encouraged to inspect the property at the   telephone. Multi-lingual staff are available to
        of any amount in excess of HK$2,400,000 up   third party. A guarantee may be in the form   pre-sale exhibitions. Solely as a convenience,   execute bids for you. Please refer to Condition
        to and including HK$22,500,000, and 12.9%   of an irrevocable bid provided by a third   Sotheby’s may provide condition reports.   5 of the Conditions of Business for Buyers
        of any amount in excess of HK$22,500,000.            The absence of reference to the condition   printed in this catalogue.
                                  party.  Third parties providing or participating
                                  in a guarantee may benefit financially if a   of a lot in the catalogue description does
        1.  BEFORE THE AUCTION                               not imply that the lot is free from faults or   Online Bidding via BIDnow If you cannot
                                  guaranteed lot is sold successfully and may
                                  incur a loss if the sale is not successful.  If   imperfections. Please refer to Condition 3 of   attend the auction, it may be possible to
        Catalogue Subscriptions If you would like   every lot in a catalogue is guaranteed, the   the Conditions of Business for Buyers printed   bid online via BID now  for selected sales.
        to take out a catalogue subscription, please   Important Notices in the sale catalogue will so   in this catalogue.  This service is free and confidential. For
        ring (852) 2822 8142.     state and this symbol will not be used for each      information about registering to bid via BID now ,
                                  lot. If a third party providing or participating in   Electrical and Mechanical Goods All   please refer to sothebys.com. Bidders using
        Deposit If you wish to bid on (  ) lots in the   a guarantee is the successful bidder for the   electrical and mechanical goods are sold on   the BID now  service are subject to the Additional
        printed catalogue and ( ) lots in the   guaranteed lot, they will be required to pay   the basis of their decorative value only and   Terms and Conditions for Live Online Bidding
        eCatalogue, you may be requested by   the full Buyer’s Premium.  should not be assumed to be operative. It is   via BID now , which can be viewed at sothebys.
        Sotheby’s to deliver to Sotheby’s a deposit of       essential that prior to any intended use, the   com, as well as the Conditions of Business
        HK$5,000,000 or such other higher amount             electrical system is checked and approved by   applicable to the sale.  The BID now  online
        as may be determined by Sotheby’s (for any           a qualified electrician.  bidding service is not available for premium
        items of Chinese Works of Art, Fine Chinese                                    lots.
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