Page 169 - Important Chinese Art, Sotheby's London May 15 2019
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BUYING AT AUCTION any intended use, the electrical system is free and confidential. For information passport, identity card or driver’s licence)
is checked and approved by a qualified about registering to bid via BIDnow, please and confirmation of permanent address.
The following pages are designed to give electrician. refer to sothebys.com. For information Thank you for your co-operation.
you useful information on how to buy Provenance In certain circumstances, about registering to bid on eBay, please Cheques should be made payable
at auction. Sotheby’s staff as listed at Sotheby’s may print in the catalogue see www.ebay.com/sothebys. For to Sotheby’s. Although personal and
the front of this catalogue will be happy the history of ownership of a work of information about registering to bid on company cheques drawn in pounds
to assist you. However, it is important art if such information contributes to Invaluable, please see www.invaluable. sterling on UK banks are accepted, you
that you read the following information scholarship or is otherwise well known com/invaluable/help.cfm. Bidders using are advised that property will not be
carefully and note that Sotheby’s act for and assists in distinguishing the work of any online platform are subject to the released until such cheques have cleared
the seller. Bidders’ attention is specifically art. However, the identity of the seller or Additional Terms and Conditions for Live unless you have a pre-arranged Cheque
drawn to Conditions 3 and 4, which previous owners may not be disclosed Online Bidding, which can be viewed at Acceptance Facility. Forms to facilitate this
require them to investigate lots prior for a variety of reasons. For example, sothebys.com, as well as the Conditions of are available from the Post Sale Services
to bidding and which contain specific such information may be excluded to Business applicable to the sale. Department.
limitations and exclusions of the legal accommodate a seller’s request for Consecutive and Responsive Bidding
liability of Sotheby’s and sellers. The confidentiality or because the identity of The auctioneer may open the bidding on Bank transfers Our bank account details
limitations and exclusions relating to prior owners is unknown given the age of any lot by placing a bid on behalf of the are shown on our invoices. Please include
Sotheby’s are consistent with its role as the work of art. seller. The auctioneer may further bid your name, Sotheby’s account number
auctioneer of large quantities of goods on behalf of the seller, up to the amount and invoice number with your instructions
of a wide variety and bidders should pay 2. DURING THE AUCTION of the reserve, by placing consecutive or to your bank. Please note that we reserve
particular attention to these Conditions. responsive bids for a lot. Please refer to the right to decline payments received
Prospective bidders should also consult Conditions of Business The auction is Condition 6 of the Conditions of Business from anyone other than the buyer
www.sothebys.com for the most up to governed by the Conditions of Business for Buyers printed in this catalogue. of record and that clearance of such
date cataloguing of the property in this and Authenticity Guarantee. These apply payments will be required. Please contact
catalogue. to all aspects of the relationship between Interested Parties Announcement In our Post Sale Services Department if you
Sotheby’s and actual and prospective situations where a person who is allowed have any questions concerning clearance.
Buyer’s Premium A buyer’s premium bidders and buyers. Anyone considering to bid on a lot has a direct or indirect
will be added to the hammer price and is bidding in the auction should read them interest in such lot, such as the beneficiary Card payment Sotheby’s accepts
payable by the buyer as part of the total carefully. They may be amended by way of or executor of an estate selling the lot, a payment by Visa, MasterCard, American
purchase price. The buyer’s premium notices posted in the saleroom or by way joint owner of the lot, or a party providing Express and CUP credit and debit cards.
is 25% of the hammer price up to and of announcement made by the auctioneer. or participating in a guarantee of the lot, Card payments may not exceed £30,000
including £300,000; 20% on any amount Sotheby’s will make an announcement per sale. All cards are accepted in person
in excess of £300,000 up to and including Bidding at Auction Bids may be executed in the saleroom that interested parties at Sotheby’s premises at the address
in person by paddle during the auction,
£3,000,000; and 13.9% on any remaining may bid on the lot. In certain instances, noted in the catalogue. With the exception
amount in excess of £3,000,000. in writing prior to the sale, by telephone interested parties may have knowledge of of CUP, card payments may also be made
or online.
These rates are exclusive of any applicable the reserves. online at http://www.sothebys.com/en/
VAT. Auction speeds vary, but average between invoice-payment.html or by calling Post
50 and 120 lots per hour. The bidding Employee Bidding Sotheby’s employees Sale Services at +44 (0)20 7293 5220.
1. BEFORE THE AUCTION steps are generally in increments of may bid only if the employee does not We reserve the right to seek identification
Catalogue Subscriptions If you would approximately 10% of the previous bid. know the reserve and fully complies of the source of funds received.
like to take out a catalogue subscription, Please refer to Conditions 5 and 6 of with Sotheby’s internal rules governing
please ring +44 (0)20 7293 5000. the Conditions of Business for Buyers employee bidding. The Conditions of Business require buyers
to pay immediately for their purchases.
Pre-sale Estimates Pre-sale estimates printed in this catalogue. US Economic Sanctions The United However, in limited circumstances and
are intended as a guide for prospective Bidding in Person To bid in person, you States maintains economic and trade with the seller’s agreement, Sotheby’s
buyers. Any bid between the high and low will need to register for and collect a sanctions against targeted foreign may grant buyers it deems creditworthy
pre-sale estimates would, in our opinion, numbered paddle before the auction countries, groups and organisations. the option of paying for their purchases
offer a chance of success. However, lots begins. Proof of identity will be required. There may be restrictions on the import on an extended payment term basis.
can realise prices above or below the pre- If you have a Sotheby’s Client Card, it will into the United States of certain items Generally credit terms must be
sale estimates. originating in sanctioned countries, arranged prior to the sale. In advance
facilitate the registration process. including Burma, Cuba, Iran, North Korea
It is advisable to consult us nearer the Should you be the successful buyer and Sudan. The purchaser’s inability to of determining whether to grant the
time of sale as estimates can be subject of a lot, please ensure that your paddle import any item into the US or any other extended payment terms, Sotheby’s may
to revision. The estimates printed in the can be seen by the auctioneer and that it country as a result of these or other require credit references and proof of
auction catalogue do not include the is your number that is called out. Should restrictions shall not justify cancellation identity and residence.
buyer’s premium or VAT. there be any doubts as to price or buyer, or rescission of the sale or any delay in Collection It is Sotheby’s policy to
Pre-sale Estimates in US Dollars and please draw the auctioneer’s attention to payment. Please check with the specialist request proof of identity on collection of
Euros Although the sale is conducted in it immediately. department if you are uncertain as to a lot. Lots will be released to you or your
pounds sterling, the pre-sale estimates in All lots sold will be invoiced to the name whether a lot is subject to these import authorised representative when full and
some catalogues are also printed in US and address in which the paddle has been restrictions, or any other restrictions on cleared payment has been received by
dollars and/or euros. The rate of exchange registered and cannot be transferred to importation or exportation. Sotheby’s. If you are in doubt about the
is the rate at the time of production of this other names and addresses. 3. AFTER THE AUCTION location of your purchases, please contact
catalogue. Therefore, you should treat the Sale Administrator prior to arranging
the estimates in US dollars or euros as a Please do not mislay your paddle; in Payment Payment is due immediately collection. Removal, storage and handling
guide only. the event of loss, inform the Sales Clerk after the sale and may be made by charges may be levied on uncollected
immediately. At the end of the sale, please Sterling Wire Transfer or Sterling Cheque. lots. Please refer to Condition 7 of the
Condition of Lots Prospective buyers return your paddle to the registration Payments by Sterling Cash and by Credit/ Conditions of Business for Buyers printed
are encouraged to inspect the property desk. Debit Cards are also accepted subject to in this catalogue.
at the pre-sale exhibitions. Solely as certain restrictions and/or surcharges
a convenience, Sotheby’s may also Absentee, Telephone and Internet Bids – please see below. Storage Storage and handling charges
provide condition reports. The absence If you cannot attend the auction, we may apply. For information concerning
of reference to the condition of a lot in the will be happy to execute written bids • It is against Sotheby’s general policy post sale storage and charges, please see
catalogue description does not imply that on your behalf or you can bid on the to accept single or multiple related Sotheby’s Greenford Park, Storage and
Collection Information at the back of this
02/19 NBS_BUYING AT AUCTION Conditions of Business for Buyers printed using BIDnow. A bidding form and more currency equivalent of US$10,000. the Conditions of Business for Buyers
payments in the form of cash or cash
telephone for lots with a minimum low
the lot is free from faults or imperfections.
catalogue. Please refer to Condition 7 of
equivalents in excess of the local
estimate of £3,000 or you can bid online
Please refer to Condition 3 of the
printed in this catalogue.
information can be found at the back of
in this catalogue.
• It is Sotheby’s policy to request any
this catalogue.
All purchases remaining at our New
new clients or buyers preferring to
Electrical and Mechanical Goods All
Bond Street premises 90 days after
electrical and mechanical goods are sold
auction, it may be possible to bid online via
of identity (by providing some form
on the basis of their artistic and decorative
Greenford Park Fine Art Storage (see
BIDnow, eBay, Invaluable or other Online
of government issued identification
value only, and should not be assumed Online Bidding If you cannot attend the make a cash payment to provide: proof the sale will be transferred to Sotheby’s
to be operative. It is essential that prior to Platforms for selected sales. This service containing a photograph, such as a Sotheby’s Greenford Park, Storage and
Collection information). All such purchases
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