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Registration Sotheby’s may require such Absentee Bidding If it is not possible Hammer Price and the Buyer’s Payment by Credit Cards Sotheby’s
necessary financial references, guarantees, for you to attend the auction in person, Premium For lots which are sold, the accepts payment by credit card for Visa,
deposits and/or such other security, in its you may place your bid ahead of time. In last price for a lot as announced by the MasterCard, and American Express only.
absolute discretion, as security for your the back of every catalogue there is an auctioneer is the hammer price. A buyer’s Credit card payments may not exceed
bid. If you are not successful on any lot, absentee bid form, which you can use to premium will be added to the hammer $50,000 per sale. Payment by credit card
Sotheby’s will arrange for a refund (subject indicate the item you wish to bid on and price and is payable by the purchaser as may be made (a) online at https://www.
to any right of set off) of the deposit amount the maximum bid you are willing to make. part of the total purchase price. The buyer’s sothebys.com/en/invoice-payment.html,
paid by you without interest within 14 Return the completed absentee bid form premium will be the amount stated in the (b) by calling in to Post Sale Services at
working days of the date of the sale. Any to Sotheby’s either by mail or fax. When Conditions of Sale. +1 212 606 7444, or (c) in person at
exchange losses or fees associated with the the lot that you are interested in comes Sotheby’s premises at the address noted
refund shall be borne by you. Registration to up for sale, a Sotheby’s representative will Currency Board As a courtesy to bidders, in the catalogue.
bid on Premium Lots must be done at least execute the bid on your behalf, making a currency board is operated in many
3 business days prior to the sale. every effort to purchase the item for as salesrooms. It displays the lot number Payment by Check Sotheby’s accepts
little as possible and never exceeding your and current bid in both U.S. dollars and (a) personal checks and (b) certified,
3. DURING THE AUCTION limit. This service is free and confidential. foreign currencies. Exchange rates are banker’s draft and cashier’s checks drawn
For detailed instructions and information, approximations based on recent exchange in US Dollars with a face amount of over
The Auction Auctions are open to please see the Absentee Bid Form and rate information and should not be $10,000 (made payable to Sotheby’s).
the public without any admission fee or Guide for Absentee Bidders instructions at relied upon as a precise invoice amount. While personal and company checks are
obligation to bid. The auctioneer introduces the back of this catalogue. Sotheby’s assumes no responsibility for accepted, property will not be released until
the objects for sale — known as “lots” — in any error or omission in foreign or United such checks have cleared, unless you have a
numerical order as listed in the catalogue. Telephone Bidding In some States currency amounts shown. pre-arranged check acceptance agreement.
Unless otherwise noted in the catalogue circumstances, we offer the ability to Application for check clearance can be
or by an announcement at the auction, place bids by telephone live to a Sotheby’s Results Successful absentee bidders will made through the Post Sale Services.
Sotheby’s acts as agent on behalf of the representative on the auction floor. Please be notified after the sale. Absentee bidders Please note that certified checks, banker’s
seller and does not permit the seller to bid contact the Bid Department prior to the will receive a list of sale results if they drafts and cashier’s checks are accepted at
on his or her own property. It is important sale to make arrangements or to answer enclose a stamped self-addressed envelope Sotheby’s discretion and provided they are
for all bidders to know that the auctioneer any questions you may have. Telephone with their absentee bid form. Printed lists of issued by a reputable financial institution
may open the bidding on any lot by placing bids are accepted only at Sotheby’s auction prices are available at our galleries governed by anti-money laundering laws.
a bid on behalf of the seller. The auctioneer discretion and at the caller’s risk. Calls may approximately three weeks following Instruments not meeting these requirements
may further bid on behalf of the seller, up also be recorded at Sotheby’s discretion. each auction and are sent on request to will be treated as “cash equivalents” and
to the amount of the reserve, by placing By bidding on the telephone, prospective catalogue purchasers and subscribers. subject to the constraints noted in the prior
responsive or consecutive bids for a lot. buyers consent thereto. Results may also be obtained online at paragraph titled “Payment By Cash”.
The auctioneer will not place consecutive sothebys.com.
bids on behalf of the seller above the Online Bidding If you cannot attend the Payment by Wire Transfer To pay for a
reserve. auction, it may be possible to bid online via International Auctions If you need purchase by wire transfer, please refer to
BIDnow, eBay, Invaluable or other Online assistance placing bids, obtaining condition the payment instructions on the invoice
Bidding in Person If you would like to Platforms for selected sales. This service is reports or receiving auction results for a provided by Sotheby’s or contact Post Sale
bid, you must register for a paddle upon free and confidential. For information about Sotheby’s sale outside the United States, Services to request instructions.
entering the salesroom. The paddle is registering to bid via BIDnow, please see please contact our International Client
numbered so as to identify you to the www.sothebys.com. For information about Services Department. Sales and Use Tax New York sales tax
auctioneer. To register, you will need a registering to bid on eBay, please see www. is charged on the hammer price, buyer’s
form of identification such as a driver’s ebay.com/sothebys. For information about 4. AFTER THE AUCTION premium and any other applicable charges
license, a passport or some other type of registering to bid on Invaluable, please see on any property picked up or delivered in
government issued identification. If you www.invaluable.com/invaluable/help.cfm. Payment If your bid is successful, you New York State, regardless of the state or
are a first-time bidder, you will also be Bidders utilizing any online platform are can go directly to Post Sale Services to country in which the purchaser resides
asked for your address, phone number subject to the Online Terms as well as the make payment arrangements. Otherwise, or does business. Purchasers who wish
and signature in order to create your relevant Conditions of Sale. Online bidding your invoice will be mailed to you. The final to use their own shipper who is not a
account. If you are bidding for someone may not be available for Premium Lots. price is determined by adding the buyer’s considered a “common carrier” by the
else, you will need to provide a letter from premium to the hammer price on a per-lot New York Department of Taxation and
that person authorizing you to bid on that Employee Bidding Sotheby’s employees basis. Sales tax, where applicable, will be Finance will be charged New York sales
person’s behalf. Issuance of a bid paddle is may bid in a Sotheby’s auction only if the charged on the entire amount. Payment tax on the entire charge regardless of the
in Sotheby’s sole discretion. employee does not know the reserve and if is due in full immediately after the sale. destination of the property. Please refer to
Once the first bid has been placed, the employee fully complies with Sotheby’s However, under certain circumstances, “Information on Sales and Use Tax Related
the auctioneer asks for higher bids, in internal rules governing employee bidding. Sotheby’s may, in its sole discretion, to Purchases at Auction” in the back of the
increments determined by the auctioneer. offer bidders an extended payment plan. catalogue.
To place your bid, simply raise your paddle US Economic Sanctions The United Such a payment plan may provide an
until the auctioneer acknowledges you. States main tains economic and trade economic benefit to the bidder. Credit Collection and Delivery
You will know when your bid has been sanctions against targeted foreign terms should be requested at least one Post Sale Services
acknowledged; the auctioneer will not countries, groups and organi zations. business day before the sale. However, + 1 212 606 7444
mistake a random gesture for a bid. There may be restrictions on the import there is no assurance that an extended FAX: + 1 212 606 7043
If you wish to register to bid on a into the United States of certain items payment plan will be offered. Please uspostsaleservices@sothebys.com
Premium Lot, please see the paragraph originating in sanctioned countries, contact Post Sale Services or the specialist
above. including Cuba, Iran, North Korea and in charge of the sale for information on Once your payment has been received
All lots sold will be invoiced to the name Sudan. The purchaser’s inability to import credit arrangements for a particular lot. and cleared, property may be released.
and address in which the paddle has been any item into the US or any other country Please note that Sotheby’s will not accept Unless other wise agreed by Sotheby’s, all
registered and cannot be transferred to as a result of these or other restrictions payments for purchased lots from any purchases must be removed by the 30th
other names and addresses. Sotheby’s shall not justify cancellation or rescission party other than the purchaser, unless calendar day following a sale.
reserves the right to refuse to accept of the sale or any delay in payment. Please otherwise agreed between the purchaser
payment from a source other than the check with the specialist department if you and Sotheby’s prior to the sale. Shipping Services Sotheby’s offers a
buyer of record. are uncertain as to whether a lot is subject com prehen sive shipping service to meet
to these import restrictions, or any other Payment by Cash It is against Sotheby’s all of your requirements. If you received
restrictions on importation or exportation. general policy to accept payments in the a shipping quotation or have any
form of cash or cash equivalents. questions about the services we offer
please contact us.
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