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D  THE BUYER’S PREMIUM AND TAXES   (c) The authenticity warranty does not apply   twelve (12) months of the date of the auction.   (iv) Bank Checks
                                                                                                                             1  THE BUYER’S PREMIUM       to any Heading or part of a Heading which   Such evidence must be satisfactory to us that   You must make these payable to Christie’s
                                                                                                                             In addition to the hammer price, the successful   is qualified. Qualified means limited by a   the property is a forgery in accordance with   Inc. and there may be conditions. Once we
      CONDITIONS OF SALE •  BUYING AT CHRISTIE’S                                                                             bidder agrees to pay us a buyer’s premium on   clarification in a lot’s catalogue description   paragraph E2(h)(ii) above and the property   have deposited your check, property cannot
                                                                                                                             the hammer price of each lot sold. On all lots   or by the use in a Heading of one of the terms   must be returned to us in accordance with   be released until five business days have
                                                                                                                             we charge 26% of the hammer price up to and   listed in the section titled Qualified Headings   E2h(iii) above. Paragraphs E2(b), (c), (d), (e), (f)   passed.
                                                                                                                                                          on the page of the catalogue headed “Important
                                                                                                                                                                                      and (g) and (i) also apply to a claim under these
                                                                                                                             including US$1,000,000, 20% on that part of the                                      (v) Checks
      CONDITIONS OF SALE         6  WITHDRAWAL               2  RETURNING BIDDERS        3  AUCTIONEER’S DISCRETION          hammer price over US$1,000,000 and up to and   Notices and Explanation of Cataloguing   categories.  You must make checks payable to Christie’s
      These Conditions of Sale and the Important Notices  Christie’s may, at its option, withdraw any lot from   As described in paragraph B(1) above, we may at our   The auctioneer can at his or her sole option:   including US$6,000,000, and 14.5% of that part of   Practice”. For example, use of the term   (l) Chinese, Japanese and Korean artefacts   Inc. and they must be drawn from US dollar
                                                                                                                                                          “ATTRIBUTED TO…” in a Heading means that
      and Explanation of Cataloguing Practice set out   auction at any time prior to or during the sale of the   option ask you for current identification, a financial   (a)refuse any bid;   the hammer price above US$6,000,000.   the lot is in Christie’s opinion probably a work   (excluding Chinese, Japanese and Korean   accounts from a US bank.
      the terms on which we offer the lots listed in this   lot. Christie’s has no liability to you for any decision   reference, or a deposit as a condition of allowing   (b)move the bidding backwards or forwards in any   by the named artist but no warranty is provided   calligraphy, paintings, prints, drawings and   (d) You must quote the sale number, your invoice
      catalogue for sale. By registering to bid and/or by   to withdraw.   you to bid. If you have not bought anything from any   way he or she may decide, or change the order   2  TAXES   that the lot is the work of the named artist.   jewellery).    number and client number when making a
      bidding at auction you agree to these terms, so you   7  JEWELLERY   of our salerooms within the last two years or if you   of the lots;  The successful bidder is responsible for any   Please read the full list of Qualified Headings   In these categories, paragraph E2 (b) – (e) above   payment. All payments sent by post must be sent
      should read them carefully before doing so. You will   want to spend more than on previous occasions,   (c)withdraw any lot;   applicable taxes including any sales or use tax or   and a lot’s full catalogue description before   shall be amended so that where no maker or   to:
      find a glossary at the end explaining the meaning   (a)Coloured gemstones (such as rubies, sapphires   please contact our Client Services Department at +1   equivalent tax wherever such taxes may arise on the   bidding.  artist is identified, the authenticity warranty   Christie’s Inc. Post-Sale Services,
      of the words and expressions coloured in bold.  As   and emeralds) may have been treated to improve   212-636-2000.   (d)divide any lot or combine any two or more lots;   hammer price, the buyer’s premium, and/or any   is given not only for the Heading but also for   20 Rockefeller Center, New York, NY 10020.
      well as these Conditions of Sale, lots in which we   their look, through methods such as heating   3  IF YOU FAIL TO PROVIDE THE RIGHT   (e)reopen or continue the bidding even after the   other charges related to the lot.   (d) The authenticity warranty applies to the   information regarding date or period shown   (e) For more information please contact our Post-
      offer Non-Fungible Tokens are governed by the   and oiling. These methods are accepted by the   hammer has fallen; and   For lots Christie’s ships to or within the United   Heading as amended by any Saleroom notice.  in UPPERCASE type in the second line of the   Sale Services by phone at +1 212 636 2650 or
      Additional Conditions of Sale – Non-Fungible   international jewellery trade but may make the   DOCUMENTS   (f)in the case of error or dispute related to bidding   States, a sales or use tax may be due on the   (e) The authenticity warranty does not apply   catalogue description (the “Subheading”).   fax at +1 212 636 4939 or email PostSaleUS@
      Tokens, which are available in Appendix A herein.    gemstone less strong and/or require special care  If in our opinion you do not satisfy our bidder   and whether during or after the auction, continue   hammer price, buyer’s premium, and/or any   where scholarship has developed since the   Accordingly, all references to the Heading   christies.com.
      For the sale of Non-Fungible Tokens, to the extent   over time.   identification and registration procedures including,   the bidding, determine the successful bidder,   auction leading to a change in generally accepted   in paragraph E2 (b) – (e) above shall be read
      there is a conflict between the “New York Conditions  (b)All types of gemstones may have been   but not limited to completing any anti-money   cancel the sale of the lot, or reoffer and resell   other charges related to the lot, regardless of the   opinion. Further, it does not apply if the Heading   as references to both the Heading and the   2  TRANSFERRING OWNERSHIP TO YOU
      of Sale Buying at Christie’s” and “Additional   improved by some method. You may request a   laundering and/or anti-terrorism financing checks   any lot. If you believe that the auctioneer has   nationality or citizenship of the successful bidder.   either matched the generally accepted opinion   Subheading.  You will not own the lot and ownership of the lot
      Conditions of Sale – Non-Fungible Tokens”, the   gemmological report for any item which does not  we may require to our satisfaction, we may refuse to   accepted the successful bid in error, you must   Christie’s will collect sales tax where legally   of experts at the date of the auction or drew   will not pass to you until we have received full
      latter controls.             have a report if the request is made to us at least   register you to bid, and if you make a successful bid,   provide a written notice detailing your claim   required. The applicable sales tax rate will be   attention to any conflict of opinion.  3  NO IMPLIED WARRANTIES   and clear payment of the purchase price, even
                                   three weeks before the date of the auction and   we may cancel the contract for sale between you   within 3 business days of the date of the auction.   determined based upon the state, county, or locale   (f) The authenticity warranty does not apply if   EXCEPT AS SET FORTH IN PARAGRAPHS E1
      Unless we own a lot in authen or in part (Δ symbol),   you pay the fee for the report.   and the seller.   The auctioneer will consider such claim in good   to which the lot will be shipped. Christie’s shall   the lot can only be shown not to be authentic   AND E2 ABOVE, NEITHER THE SELLER NOR   in circumstances where we have released the lot
      Christie’s acts as agent for the seller.                                                                               collect New York sales tax at a rate of 8.875% for any   THE CHRISTIE’S GROUP MAKE ANY OTHER   to you.
                                 (c)We do not obtain a gemmological report for every   4  BIDDING ON BEHALF OF ANOTHER   faith. If the auctioneer, in the exercise of his or   by a scientific process which, on the date we
      A  BEFORE THE SALE           gemstone sold in our auctions. Where we do   PERSON     her discretion under this paragraph, decides after   lot collected from Christie’s in New York.   published the catalogue, was not available   WARRANTY, EXPRESS OR IMPLIED, ORAL   3  TRANSFERRING RISK TO YOU
                                                                                                                                                                                    OR WRITTEN, WITH RESPECT TO THE LOT,
      1  DESCRIPTION OF LOTS       get gemmological reports from internationally   If you are bidding on behalf of another person,   the auction is complete, to cancel the sale of a   In accordance with New York law, if Christie’s   or generally accepted for use, or which was   INCLUDING THE IMPLIED WARRANTIES   The risk in and responsibility for the lot will transfer
                                                                                           lot, or reoffer and resell a lot, he or she will notify
                                   accepted gemmological laboratories, such
                                                                                                                                                          unreasonably expensive or impractical, or which
      (a)Certain words used in the catalogue description   reports will be described in the catalogue.   that person will need to complete the registration   the successful bidder no later than by the end   arranges the shipment of a lot out of New York   was likely to have damaged the lot.  OF MERCHANTABILITY OR FITNESS FOR A   to you from whichever is the earlier of the following:
       have special meanings. You can find details of   Reports from American gemmological   requirements above before you can bid, and supply   of the 7th calendar day following the date of the   State, New York sales tax does not apply, although   (g) The benefit of the authenticity warranty is   PARTICULAR PURPOSE, EACH OF WHICH IS   (a) When you collect the lot; or
       these on the page headed “Important Notices   laboratories will describe any improvement   a signed letter authorising you to bid for him/  auction. The auctioneer’s decision in exercise of   sales tax or other applicable taxes for other states   only available to the original buyer shown on the   SPECIFICALLY DISCLAIMED.  (b) At the end of the 30th day following the date of
       and Explanation of Cataloguing Practice” which   or treatment to the gemstone. Reports from   her. A bidder accepts personal liability to pay the   this discretion is final. This paragraph does not in   may apply. If you hire a shipper (other than a   invoice for the lot issued at the time of the sale   the auction or, if earlier, the date the lot is taken
       forms part of these terms. You can find a key   European gemmological laboratories will   purchase price and all other sums due unless it   any way prejudice Christie’s ability to cancel the   common carrier authorized by Christie’s), to collect   and only if on the date of the notice of claim, the   4  YOUR WARRANTIES   into care by a third party warehouse as set out on
       to the Symbols found next to certain catalogue   describe any improvement or treatment only   has been agreed in writing with Christie’s, before   sale of a lot under any other applicable provision   the lot from a Christie’s New York location, Christie’s   original buyer is the full owner of the lot and the   (a) You warrant that the funds used for settlement   the page headed ‘Storage and Collection’, unless
       entries under the section of the catalogue called   if we request that they do so, but will confirm   commencement of the auction, that the bidder is   of these Conditions of Sale, including the rights   must collect New York sales tax on the lot at a rate   lot is free from any claim, interest or restriction   are not connected with any criminal activity,   we have agreed otherwise with you.
       “Symbols Used in this Catalogue”.   when no improvement or treatment has been   acting as an agent on behalf of a named third party   of cancellation set forth in sections B(3), E(2)(i),   of 8.875% regardless of the ultimate destination   by anyone else. The benefit of this authenticity   including tax evasion, and you are neither under
      (b) Our description of any lot in the catalogue, any   made. Because of differences in approach and   acceptable to Christie’s and that Christie’s will only   F(4), and J(1).   of the lot.   warranty may not be transferred to anyone else.   investigation, nor have you been charged with   4  WHAT HAPPENS IF YOU DO NOT PAY
       condition report and any other statement made   technology, laboratories may not agree whether   seek payment from the named third party.   If Christie’s delivers the lot to, or the lot is collected   (h) In order to claim under the authenticity   or convicted of money laundering, terrorist   (a) If you fail to pay us the purchase price in full
       by us (whether orally or in writing) about any lot,   a particular gemstone has been treated, the   5  BIDDING IN PERSON   4  BIDDING   by, any framer, restorer or other similar service   warranty you must:  activities or other crimes.  by the due date, we will be entitled to do one
       including about its nature or condition, artist,   amount of treatment, or whether treatment is   The auctioneer accepts bids from:   provider in New York that you have hired, New York   (i) give us written notice of your claim within   (b) Where you are bidding on behalf of another   or more of the following (as well as enforce our
       period, materials, approximate dimensions,   permanent. The gemmological laboratories will   If you wish to bid in the saleroom you must register   law considers the lot delivered to the successful   5 years of the date of the auction. We may   person, you warrant that:   rights under paragraph F5 and any other rights or
       or provenance are our opinion and not to be   only report on the improvements or treatments   for a numbered bidding paddle at least 30 minutes   (a)bidders in the saleroom;  bidder in New York and New York sales tax must be   require full details and supporting evidence   (i) you have conducted appropriate customer   remedies we have by law):
       relied upon as a statement of fact. We do not   known to the laboratories at the date of the   before the auction. You may register online at www.  (b)telephone bidders;   imposed regardless of the ultimate destination of   of any such claim;  due diligence on the ultimate buyer(s) of
       carry out in-depth research of the sort carried   report.   christies.com or in person. For help, please contact   (c)internet bidders through Christie’s LIVE™ (as   the lot. In this circumstance, New York sales tax will   the lot(s) in accordance with all applicable   (i) we can charge interest from the due date
       out by professional historians and scholars. All   (d)For jewellery sales, estimates are based on the   the Client Service Department on +1 212-636-2000.   shown above in paragraph B6); and   apply to the lot even if Christie’s or a common carrier   (ii) at Christie’s option, we may require you   anti-money laundering and sanctions   at a rate of up to 1.34% per month on the
       dimensions and weights are approximate only.   information in any gemmological report. If no   6  BIDDING SERVICES   (d)written bids (also known as absentee bids or   (authorized by Christie’s that you hire) subsequently   to provide the written opinions of two   laws, consent to us relying on this due   unpaid amount due;
                                   report is available, assume that the gemstones   The bidding services described below are a free   commission bids) left with us by a bidder before   delivers the lot outside New York.   recognised experts in the field of the lot   diligence, and you will retain for a period   (ii) we can cancel the sale of the lot. If we do
                                                                                                                                                            mutually agreed by you and us in advance
      2  OUR RESPONSIBILITY FOR OUR   may have been treated or enhanced.   service offered as a convenience to our clients and   the auction.                                           of not less than 5 years the documentation   this, we may sell the lot again, publically
       DESCRIPTION OF LOTS                                   Christie’s is not responsible for any error (human              Successful bidders claiming an exemption from   confirming that the lot is not authentic. If   evidencing the due diligence. You will make   or privately on such terms we shall think
                                                                                                                                                            we have any doubts, we reserve the right to
      We do not provide any guarantee in relation to   8  WATCHES & CLOCKS   or otherwise), omission, or breakdown in providing   5   BIDDING ON BEHALF OF THE SELLER   sales tax must provide appropriate documentation   obtain additional opinions at our expense;   such documentation promptly available for   necessary or appropriate, in which case
      the nature of a lot apart from our authenticity   (a)Almost all clocks and watches are repaired in   these services.   The auctioneer may, at his or her sole option, bid   to Christie’s prior to the release of the lot or within   and  immediate inspection by an independent   you must pay us any shortfall between the
      warranty contained in paragraph E2 and to the   their lifetime and may include parts which   on behalf of the seller up to but not including the   90 days after the sale, whichever is earlier. For   (iii) return the lot at your expense to the   third-party auditor upon our written request   purchase price and the proceeds from the
      extent provided in paragraph I below.   are not original. We do not give a warranty   (a)Phone Bids    amount of the reserve either by making consecutive   shipments to those states for which Christie’s is not   saleroom from which you bought it in the   to do so;  resale. You must also pay all costs, expenses,
                                   that any individual component part of any   Your request for this service must be made no   bids or by making bids in response to other bidders.   required to collect sales tax, a successful bidder   (ii) the arrangements between you and the   losses, damages and legal fees we have to
      3  CONDITION                 watch is authentic. Watchbands described as   later than 24 hours prior to the auction. We will   The auctioneer will not identify these as bids made   may have a use or similar tax obligation. It is the   condition it was in at the time of sale.   ultimate buyer(s) in relation to the lot   pay or may suffer and any shortfall in the
      (a)The condition of lots sold in our auctions can   “associated” are not part of the original watch   accept bids by telephone for lots only if our   on behalf of the seller and will not make any bid on   successful bidder’s responsibility to pay all taxes   (i) Your only right under this authenticity warranty   or otherwise do not, in whole or in part,   seller’s commission on the resale;
       vary widely due to factors such as age, previous   and may not be authentic. Clocks may be sold   staff are available to take the bids. If you need   behalf of the seller at or above the reserve. If lots   due. Christie’s recommends you consult your own   is to cancel the sale and receive a refund of the   facilitate tax crimes;  (iii) we can pay the seller an amount up to the
       damage, restoration, repair and wear and   without pendulums, weights or keys.   to bid in a language other than in English, you   are offered without reserve, the auctioneer will   independent tax advisor with any questions.   purchase price paid by you to us. We will not,   (iii) you do not know, and have no reason to   net proceeds payable in respect of the
       tear. Their nature means that they will rarely   (b)As collectors’ watches often have very fine and   must arrange this well before the auction. We   generally decide to open the bidding at 50% of the   E  WARRANTIES   under any circumstances, be required to pay   suspect, that the funds used for settlement   amount bid by your default in which case you
       be in perfect condition. Lots are sold “as is,”         may record telephone bids. By bidding on the   low estimate for the lot. If no bid is made at that   you more than the purchase price nor will we   are connected with, the proceeds of any   acknowledge and understand that Christie’s
       in the condition they are in at the time of the   complex mechanisms, you are responsible   telephone, you are agreeing to us recording   level, the auctioneer may decide to go backwards   1  SELLER’S WARRANTIES   be liable for any loss of profits or business, loss   criminal activity, including tax evasion,   will have all of the rights of the seller to
                                   for any general service, change of battery, or
       sale, without any representation or warranty            your conversations. You also agree that your   at his or her sole option until a bid is made, and then   For each lot, the seller gives a warranty that the   of opportunity or value, expected savings or   or that the ultimate buyer(s) are under   pursue you for such amounts;
       or assumption of liability of any kind as to   further repair work that may be necessary. We   telephone bids are governed by these Conditions   continue up from that amount. In the event that   seller:  interest, costs, damages, other damages or   investigation, or have been charged with   (iv) we can hold you legally responsible for
                                   do not give a warranty that any watch is in good
       condition by Christie’s or by the seller.               of Sale.                  there are no bids on a lot, the auctioneer may deem   (a) is the owner of the lot or a joint owner of the   expenses.   or convicted of money laundering, terrorist   the purchase price and may begin legal
      (b)Any reference to condition in a catalogue entry   working order. Certificates are not available   (b)Internet Bids on Christie’s LIVE™   such lot unsold.   lot acting with the permission of the other co-  (j) Books. Where the lot is a book, we give an   activities or other crimes.   proceedings to recover it together with other
                                   unless described in the catalogue.
       or in a condition report will not amount to a full   (c)Most wristwatches have been opened to find   For certain auctions we will accept bids over   owners or, if the seller is not the owner or a joint   additional warranty for 21 days from the date   F  PAYMENT   losses, interest, legal fees and costs as far as
       description of condition, and images may not            the Internet. For more information, please   6 • BID INCREMENTS   owner of the lot, has the permission of the owner   of the auction that any lot is defective in text or   we are allowed by law;
       show a lot clearly. Colours and shades may look   out the type and quality of movement. For that   visit https://www.christies.com/buying-  Bidding generally starts below the low estimate and   to sell the lot, or the right to do so in law; and  illustration, we will refund your purchase price,   1  HOW TO PAY   (v) we can take what you owe us from any
                                   reason, wristwatches with water resistant cases
       different in print or on screen to how they look        services/buying-guide/register-and-bid/. As   increases in steps (bid increments). The auctioneer   (b) has the right to transfer ownership of the lot to   subject to the following terms:  (a) Immediately following the auction, you must pay   amounts which we or any company in the
       on physical inspection. Condition reports may   may not be waterproof and we recommend you   well as these Conditions of Sale, internet bids are   will decide at his or her sole option where the   the buyer without any restrictions or claims by   (a)This additional warranty does not apply to:  the purchase price being:  Christie’s Group may owe you (including
                                   have them checked by a competent watchmaker
       be available to help you evaluate the condition         governed by the Christie’s LIVE™ Terms of Use   bidding should start and the bid increments.   anyone else.  (i) the absence of blanks, half titles, tissue   (i) the hammer price; and  any deposit or other part-payment which you
       of a lot. Condition reports are provided free of   before use.    which are available at https://www.christies.       (c) If either of the above warranties are incorrect,   guards or advertisements, damage in   (ii) the buyer’s premium; and  have paid to us);
                                   Important information about the sale, transport
       charge as a convenience to our buyers and are           com/LiveBidding/OnlineTermsOfUse.aspx.   6  CURRENCY CONVERTER   the seller shall not have to pay more than the   respect of bindings, stains, spotting,   (iii) any applicable duties, goods, sales, use,
       for guidance only. They offer our opinion but   and shipping of watches and watchbands can be   (c)Written Bids   The saleroom video screens (and Christies LIVE™)   purchase price (as defined in paragraph F1(a)   marginal tears or other defects not   compensating or service tax, or VAT.   (vi) we can, at our option, reveal your identity
                                   found in paragraph H2(f).
       they may not refer to all faults, inherent defects,     You can find a Written Bid Form at any Christie’s   may show bids in some other major currencies as   below) paid by you to us. The seller will not be   affecting completeness of the text or   Payment is due no later than by the end of the 7th   and contact details to the seller;
       restoration, alteration or adaptation because           office, or by choosing the sale and viewing the   well as US dollars. Any conversion is for guidance   responsible to you for any reason for loss of   illustration;   calendar day following the date of the auction (the   (vii) we can reject at any future auction any
       our staff are not professional restorers or   B  REGISTERING TO BID   lots online at www.christies.com. We must   only and we cannot be bound by any rate of   profits or business, expected savings, loss of   (ii) drawings, autographs, letters or   “due date”).   bids made by or on behalf of the buyer or
       conservators. For that reason condition reports   1  NEW BIDDERS   receive your completed Written Bid at least 24   exchange used. Christie’s is not responsible for any   opportunity or interest, costs, damages, other   manuscripts, signed photographs, music,   to obtain a deposit from the buyer before
       are not an alternative to examining a lot in person  (a)If this is your first time bidding at Christie’s or   hours before the auction. Bids must be placed   error (human or otherwise), omission or breakdown   damages or expenses. The seller gives no   atlases, maps or periodicals;   (b) We will only accept payment from the registered   accepting any bids;
       or seeking your own professional advice. It is your   you are a returning bidder who has not bought   in the currency of the saleroom. The auctioneer   in providing these services.   warranty in relation to any lot other than as set   bidder. Once issued, we cannot change the   (viii) we can exercise all the rights and remedies
       responsibility to ensure that you have requested,   anything from any of our salerooms within the   will take reasonable steps to carry out written   out above and, as far as the seller is allowed by   (iii) books not identified by title;   buyer’s name on an invoice or re-issue the invoice   of a person holding security over any
       received and considered any condition report.   last two years you must register at least 48   bids at the lowest possible price, taking into   7  SUCCESSFUL BIDS   law, all warranties from the seller to you, and all   (iv) lots sold without a printed estimate;   in a different name. You must pay immediately   property in our possession owned by you,
                                   hours before an auction begins to give us enough   account the reserve. If you make a written bid   Unless the auctioneer decides to use his or her   other obligations upon the seller which may be   (v) books which are described in the   even if you want to export the lot and you need   whether by way of pledge, security interest
      4  VIEWING LOTS PRE-AUCTION   time to process and approve your registration.   on a lot which does not have a reserve and   discretion as set out in paragraph C3 above, when   added to this agreement by law, are excluded.   catalogue as sold not subject to return; or  an export licence.   or in any other way as permitted by the law
      (a)If you are planning to bid on a lot, you should   We may, at our option, decline to permit you to   there is no higher bid than yours, we will bid on   the auctioneer’s hammer strikes, we have accepted   (vi) defects stated in any condition report or   (c) You must pay for lots bought at Christie’s in   of the place where such property is located.
       inspect it personally or through a knowledgeable   register as a bidder. You will be asked for the   your behalf at around 50% of the low estimate   the last bid. This means a contract for sale has   2  OUR AUTHENTICITY WARRANTY   announced at the time of sale.  the United States in the currency stated on the   You will be deemed to have granted such
       representative before you make a bid to make   following:   or, if lower, the amount of your bid. If we receive   been formed between the seller and the successful   We warrant, subject to the terms below, that the   (b)To make a claim under this paragraph you   invoice in one of the following ways:   security to us and we may retain such
       sure that you accept the description and its   (i)for individuals: Photo identification (driver’s   written bids on a lot for identical amounts, and at  bidder. We will issue an invoice only to the registered   lots in our sales are authentic (our “authenticity   must give written details of the defect and   (i)  Wire transfer    property as collateral security for your
       condition. We recommend you get your own   licence, national identity card, or passport)   the auction these are the highest bids on the lot,   bidder who made the successful bid. While we   warranty”). If, within 5 years of the date of the   return the lot to the sale room at which you   JP Morgan Chase Bank, N.A.,    obligations to us; and
       advice from a restorer or other professional   and, if not shown on the ID document, proof   we will sell the lot to the bidder whose written   send out invoices by mail and/or email after the   auction, you give notice to us that your lot is not   bought it in the same condition as at the   270 Park Avenue, New York, NY 10017;    (ix) we can take any other action we see
       adviser.                      of your current address (for example, a   bid we received first.   auction, we do not accept responsibility for telling   authentic, subject to the terms below, we will   time of sale, within 21 days of the date of   ABA# 021000021; FBO: Christie’s Inc.;    necessary or appropriate.
      (b)Pre-auction viewings are open to the public free   current utility bill or bank statement);  you whether or not your bid was successful. If you   refund the purchase price paid by you. The   the sale.   Account # 957-107978,    (b) If you owe money to us or to another Christie’s
       of charge. Our specialists may be available to   (ii)for corporate clients: Your Certificate of   C  CONDUCTING THE SALE   have bid by written bid, you should contact us by   meaning of authentic can be found in the glossary   (k) South East Asian Modern and Contemporary   for international transfers, SWIFT:   Group company, we can use any amount you do
       answer questions at pre-auction viewings or by   Incorporation or equivalent document(s)   1  WHO CAN ENTER THE AUCTION   telephone or in person as soon as possible after the   at the end of these Conditions of Sale. The terms of   Art and Chinese Calligraphy and Painting.   CHASUS33.   pay, including any deposit or other part-payment
       appointment.                  showing your name and registered address   We may, at our option, refuse admission to our   auction to get details of the outcome of your bid to   the authenticity warranty are as follows:   In these categories, the authenticity warranty   (ii) Credit Card    you have made to us, or which we owe you, to
                                     together with documentary proof of   premises or decline to permit participation in any   avoid having to pay unnecessary storage charges.   (a) It will be honored for claims notified within a   does not apply because current scholarship does   We accept Visa, MasterCard, American   pay off any amount you owe to us or another
      5  ESTIMATES                   directors and beneficial owners; and   auction or to reject any bid.   8  LOCAL BIDDING LAWS   period of 5 years from the date of the auction.   not permit the making of definitive statements.   Express and China Union Pay. Credit card   Christie’s Group company for any transaction.
      Estimates are based on the condition, rarity,   (iii)for trusts, partnerships, offshore companies   2  RESERVES   You agree that when bidding in any of our sales   After such time, we will not be obligated to honor   Christie’s does, however, agree to cancel a sale   payments at the New York premises will only
      quality and provenance of the lots and on prices   and other business structures, please   that you will strictly comply with all local laws and   the authenticity warranty.  in either of these two categories of art where it   be accepted for New York sales. Christie’s   5  KEEPING YOUR PROPERTY
      recently paid at auction for similar property.   contact us in advance to discuss our   Unless otherwise indicated, all lots are subject to a   regulations in force at the time of the sale for the   (b) It is given only for information shown in   has been proven the lot is a forgery. Christie’s   will not accept credit card payments for   If you owe money to us or to another Christie’s
      Estimates can change. Neither you, nor anyone   requirements.   reserve. We identify lots that are offered without   relevant sale site.   UPPERCASE type in the first line of the   will refund to the original buyer the purchase   purchases in any other sale site.   Group company, as well as the rights set out in F4
      else, may rely on any estimates as a prediction   (b)We may also ask you to give us a financial   reserve with the symbol • next to the lot number.   catalogue description (the “Heading”). It does   price in accordance with the terms of Christie’s   (iii) Cash    above, we can use or deal with any of your property
      or guarantee of the actual selling price of a lot or   reference and/or a deposit as a condition of   The reserve cannot be more than the lot’s low   not apply to any information other than in the   Authenticity warranty, provided that the   We accept cash payments (including money   we hold or which is held by another Christie’s
      its value for any other purpose. Estimates do not   allowing you to bid. For help, please contact our   estimate.       Heading even if shown in UPPERCASE type.   original buyer notifies us with full supporting   orders and traveller’s checks) subject to a   Group company in any way we are allowed to by law.
      include the buyer’s premium or any applicable   Client Services Department at +1 212-636-2000.                                                      evidence documenting the forgery claim within   maximum global aggregate of US$7,500   We will only release your property to you after you
      taxes.                                                                                                                                                                            per buyer.              pay us or the relevant Christie’s Group company
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