Page 251 - important chinese art mar 22 2018

1. SYMBOL KEY instances, interested parties may have or is otherwise well known and assists in If you are a ! rst-time bidder, you will also
knowledge of the reserve. In the event the distinguishing the work of art. However, the be asked for your address, phone number
႒ Reserves interested party’s possible participation in identity of the seller or previous owners may and signature in order to create your
Unless indicated by a box ( ႒ ), all lots in this the sale is not known until after the printing not be disclosed for a variety of reasons. account. If you are bidding for someone
catalogue are o" ered subject to a reserve. of the auction catalogue, a pre-sale or pre-lot For example, such information may be else, you will need to provide a letter from
A reserve is the con! dential minimum announcement will be made indicating that excluded to accommodate a seller’s request that person authorizing you to bid on that
hammer price at which a lot will be sold. interested parties may be bidding on the lot. for con! dentiality or because the identity of person’s behalf. Issuance of a bid paddle is in
The reserve is generally set at a percentage prior owners is unknown given the age of the Sotheby’s sole discretion.
of the low estimate and will not exceed the Ⴚ Restricted Materials work of art. Once the ! rst bid has been placed,
low estimate of the lot. If any lots in the Lots with this symbol have been identi! ed at the auctioneer asks for higher bids, in
catalogue are o" ered without reserve, such the time of cataloguing as containing organic Specialist Advice#Prospective bidders increments determined by the auctioneer. To
lots will be designated by a box ( ႒ ). If every material which may be subject to restrictions may be interested in speci! c information place your bid, simply raise your paddle until
lot in a catalogue is o" ered without a reserve, regarding import or export. The information not included in the catalogue description the auctioneer acknowledges you. You will
the Conditions of Sale will so state and this is made available for the convenience of of a lot. For additional information, please know when your bid has been acknowledged;
symbol will not be used for each lot. bidders and the absence of the symbol is contact either a Sotheby’s specialist in the auctioneer will not mistake a random
not a warranty that there are no restrictions charge of the sale (all of whom are listed gesture for a bid.
Ⴜ Guaranteed Property regarding import or export of the Lot; bidders in the front of the catalogue), or Sotheby’s If you wish to register to bid on a Premium
The seller of lots with this symbol has should refer to Condition 12 of the Conditions Client Services Department. You may also Lot, please see the paragraph above.
been guaranteed a minimum price from of Sale. Please also refer to the section on request a condition report from the specialist All lots sold will be invoiced to the name
one auction or a series of auctions. This Endangered Species in the information on in charge. and address in which the paddle has been
guarantee may be provided by Sotheby’s Buying at Auction. registered and cannot be transferred to other
or jointly by Sotheby’s and a third party. names and addresses. Sotheby’s reserves
The Exhibition#An exhibition of the
Sotheby’s and any third parties providing ෢ Monumental auction property will be held the week prior the right to refuse to accept payment from a
a guarantee jointly with Sotheby’s bene! t Lots with this symbol may, in our opinion, to the auction on the days listed in the front source other than the buyer of record.
! nancially if a guaranteed lot is sold require special handling or shipping services of the catalogue. There you will have the
successfully and may incur a loss if the sale due to size or other physical considerations. opportunity to view, inspect and evaluate Absentee Bidding#If it is not possible for
is not successful. If the Guaranteed Property Bidders are advised to inspect the lot and to the property yourself, or with the help of a you to attend the auction in person, you may
symbol for a lot is not included in the printing contact Sotheby’s prior to the sale to discuss Sotheby’s specialist. place your bid ahead of time. In the back of
of the auction catalogue, a pre-sale or pre-lot any speci! c shipping requirements. every catalogue there is an absentee bid
announcement will be made indicating that form, which you can use to indicate the item
Salesroom Notices#Salesroom notices
there is a guarantee on the lot. Premium Lot amend the catalogue description of a lot you wish to bid on and the maximum bid you
Ⴄ Property in which Sotheby’s has an In order to bid on “Premium Lots” ( in print after our catalogue has gone to press. are willing to make. Return the completed
absentee bid form to Sotheby’s either
catalogue or ² in eCatalogue) you must
Ownership Interest com plete the required Premium Lot pre- They are posted in the viewing galleries by mail or fax. When the lot that you are
and salesroom or are announced by the
Lots with this symbol indicate that Sotheby’s registration application. You must arrange interested in comes up for sale, a Sotheby’s
owns the lot in whole or in part or has an for Sotheby’s to receive your pre-registration auctioneer. Please take note of them. representative will execute the bid on your
economic interest in the lot equivalent to an application at least three working days behalf, making every e" ort to purchase
ownership interest. before the sale. Please bear in mind that Registration#Sotheby’s may require such the item for as little as possible and never
we are unable to obtain ! nancial references necessary ! nancial references, guarantees, exceeding your limit. This service is free
຤ Irrevocable Bids over weekends or public holidays. Sotheby’s deposits and/or such other security, in its and con! dential. For detailed instructions
Lots with this symbol indicate that a party decision whether to accept any pre- absolute discretion, as security for your bid. If and information, please see the Absentee
you are not successful on any lot, Sotheby’s
has provided Sotheby’s with an irrevocable registration application shall be ! nal. If your Bid Form and Guide for Absentee Bidders
bid on the lot that will be executed during application is accepted, you will be provided will arrange for a refund (subject to any right instructions at the back of this catalogue.
the sale at a value that ensures that the lot with a special paddle number. If all lots in of set o" ) of the deposit amount paid by you
will sell. The irrevocable bidder, who may the catalogue are “Premium Lots”, a Special without interest within 14 working days of the Telephone Bidding#In some
date of the sale. Any exchange losses or fees
bid in excess of the irrevocable bid, may be Notice will be included to this e" ect and this circumstances, we o" er the ability to
compensated for providing the irrevocable symbol will not be used. associated with the refund shall be borne place bids by telephone live to a Sotheby’s
bid by receiving a contingent fee, a ! xed by you. Registration to bid on Premium Lots representative on the auction * oor. Please
fee or both. If the irrevocable bidder is the must be done at least 3 business days prior contact the Bid Department prior to the sale
2. BEFORE THE AUCTION to the sale.
successful bidder, any contingent fee, ! xed to make arrangements or to answer any
fee or both (as applicable) for providing the The Catalogue#A catalogue prepared by questions you may have. Telephone bids are
irrevocable bid may be netted against the Sotheby’s is published for every scheduled 3. DURING THE AUCTION accepted only at Sotheby’s discretion and at
irrevocable bidder’s obligation to pay the full the caller’s risk. Calls may also be recorded
live auction and is available prior to the sale
purchase price for the lot and the purchase date. The catalogue will help familiarize you The Auction#Auctions are open to at Sotheby’s discretion. By bidding on the
price reported for the lot shall be net of with property being o" ered at the designated the public without any admission fee or telephone, prospective buyers consent
any such fees. If the irrevocable bid is not auction. Catalogues may be purchased obligation to bid. The auctioneer introduces thereto.
secured until after the printing of the auction the objects for sale — known as “lots” — in
at Sotheby’s or by subscription in any
catalogue, Sotheby’s will notify bidders that categories. For information, please call +1 212 numerical order as listed in the catalogue. Online BiddingLIf you cannot attend the
there is an irrevocable bid on the lot by one 606 7000 or visit sothebys.com. Prospective Unless otherwise noted in the catalogue auction, it may be possible to bid online via
or more of the following means: a pre-sale bidders should also consult sothebys.com or by an announcement at the auction, BIDnow, eBay, Invaluable or other Online
or pre-lot announcement, by written notice Sotheby’s acts as agent on behalf of the Platforms for selected sales. This service is
for the most up to date cataloguing of the
at the auction or by including an irrevocable property in this catalogue. seller and does not permit the seller to bid free and con! dential. For information about
bid symbol in the e-catalogue for the sale on his or her own property. It is important for registering to bid via BIDnow, please see
prior to the auction. If the irrevocable bidder all bidders to know that the auctioneer may www.sothebys.com. For information about
is advising anyone with respect to the lot, Estimates#Each lot in the catalogue is open the bidding on any lot by placing a bid registering to bid on eBay, please see www.
given a low and high estimate, indicating
Sotheby’s requires the irrevocable bidder to to a prospective buyer a range in which the on behalf of the seller. The auctioneer may ebay.com/sothebys. For information about
disclose his or her ! nancial interest in the lot. further bid on behalf of the seller, up to the registering to bid on Invaluable, please see
If an agent is advising you or bidding on your lot might sell at auction. When possible, amount of the reserve, by placing responsive www.invaluable.com/invaluable/help.cfm.
behalf with respect to a lot identi! ed as being the estimate is based on previous auction or consecutive bids for a lot. The auctioneer Bidders utilizing any online platform are
records of comparable pieces. The estimates
subject to an irrevocable bid, you should are determined several months before a sale will not place consecutive bids on behalf of subject to the Online Terms as well as the
request that the agent disclose whether the seller above the reserve. relevant Conditions of Sale. Online bidding
or not he or she has a ! nancial interest in and are therefore subject to change upon may not be available for Premium Lots.
the lot. further research of the property, or to re* ect Bidding in Person#If you would like to bid,
market conditions or currency * uctuations. Employee Bidding#Sotheby’s employees
Estimates should not be relied upon as a you must register for a paddle upon entering
ຎ Interested Parties the salesroom. The paddle is numbered so as may bid in a Sotheby’s auction only if the
Lots with this symbol indicate that parties representation or prediction of actual selling to identify you to the auctioneer. To register, employee does not know the reserve and if
with a direct or indirect interest in the lot prices. you will need a form of identi! cation such as the employee fully complies with Sotheby’s
may be bidding on the lot, including (i) the a driver’s license, a passport or some other internal rules governing employee bidding.
bene! ciary of an estate selling the lot, or (ii) Provenance#In certain circumstances, type of government issued identi! cation.
the joint owner of a lot. If the interested party Sotheby’s may print in the catalogue the
is the successful bidder, they will be required history of ownership of a work of art if such
to pay the full Buyer’s Premium. In certain information contributes to scholarship
IMPORTANT CHINESE ART 249