Page 72 - Christie's Mineo Hata Collection Sept. 21, 2023

D THE BUYER’S PREMIUM AND TAXES clarification in a lot’s catalogue description (l) Chinese, Japanese and Korean artefacts (d) You must quote the sale number, your invoice
1 THE BUYER’S PREMIUM or by the use in a Heading of one of the terms (excluding Chinese, Japanese and Korean number and client number when making a
In addition to the hammer price, the successful listed in the section titled Qualified Headings calligraphy, paintings, prints, drawings and payment. All payments sent by post must be sent
CONDITIONS OF SALE BUYING AT CHRISTIE’S bidder agrees to pay us a buyer’s premium on on the page of the catalogue headed “Important jewellery). to:
•
Christie’s Inc. Post-Sale Services,
In these categories, paragraph E2 (b) – (e) above
Notices and Explanation of Cataloguing
the hammer price of each lot sold. On all lots
we charge 26% of the hammer price up to and Practice”. For example, use of the term shall be amended so that where no maker or 20 Rockefeller Center, New York, NY 10020.
artist is identified, the authenticity warranty
“ATTRIBUTED TO…” in a Heading means that
including US$1,000,000, 21% on that part of the (e) For more information please contact our Post-
CONDITIONS OF SALE 6 WITHDRAWAL 2 RETURNING BIDDERS will be set at the amount of the irrevocable bid. hammer price over US$1,000,000 and up to and the lot is in Christie’s opinion probably a work is given not only for the Heading but also for Sale Services by phone at +1 212 636 2650 or
by the named artist but no warranty is provided
information regarding date or period shown
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 Lots which are subject to a third party guarantee including US$6,000,000, and 15% of that part of that the lot is the work of the named artist. in UPPERCASE type in the second line of the fax at +1 212 636 4939 or email PostSaleUS@
christies.com.
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 arrangement are identified in the catalogue with the the hammer price above US$6,000,000. Please read the full list of Qualified Headings catalogue description (the “Subheading”).
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 symbol °◆. 2 TAXES and a lot’s full catalogue description before Accordingly, all references to the Heading (f) Cryptocurrency (if applicable): You may either
pay for a lot in the currency of the sale or
catalogue for sale. By registering to bid and/or by to withdraw. you to bid. If you have not bought anything from any 3 AUCTIONEER’S DISCRETION bidding. in paragraph E2 (b) – (e) above shall be read by a cryptocurrency permitted by us. The
bidding at auction you agree to these terms, so you 7 JEWELLERY of our salerooms within the last two years or if you The auctioneer can at his or her sole option: The successful bidder is responsible for any (d) The authenticity warranty applies to the as references to both the Heading and the invoice will set forth the purchase price in the
should read them carefully before doing so. You will want to spend more than on previous occasions, applicable taxes including any sales or use tax or Heading as amended by any Saleroom notice. Subheading.
find a glossary at the end explaining the meaning (a)Coloured gemstones (such as rubies, sapphires please contact our Client Services Department at +1 (a)refuse any bid; equivalent tax wherever such taxes may arise on the (e) The authenticity warranty does not apply currency of the sale and where permitted by
us, a specified cryptocurrency. Partial payment
of the words and expressions coloured in bold. As and emeralds) may have been treated to improve 212-636-2000. (b)move the bidding backwards or forwards in any hammer price, the buyer’s premium, and/or any where scholarship has developed since the 3 NO IMPLIED WARRANTIES in cryptocurrency is not permitted. Where
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 way he or she may decide, or change the order other charges related to the lot. auction leading to a change in generally accepted EXCEPT AS SET FORTH IN PARAGRAPHS E1 the purchase price is payable in a specified
offer Non-Fungible Tokens are governed by the and oiling. These methods are accepted by the of the lots; For lots Christie’s ships to or within the United AND E2 ABOVE, NEITHER THE SELLER NOR
Additional Conditions of Sale – Non-Fungible international jewellery trade but may make the DOCUMENTS (c)withdraw any lot; States, a sales or use tax may be due on the opinion. Further, it does not apply if the Heading THE CHRISTIE’S GROUP MAKE ANY OTHER cryptocurrency, the invoice will include both the
either matched the generally accepted opinion
amount due in the currency of the sale as well as
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 (d)divide any lot or combine any two or more lots; of experts at the date of the auction or drew WARRANTY, EXPRESS OR IMPLIED, ORAL a cryptocurrency amount. The cryptocurrency
For the sale of Non-Fungible Tokens, to the extent over time. identification and registration procedures including, hammer price, buyer’s premium, and/or any attention to any conflict of opinion. OR WRITTEN, WITH RESPECT TO THE LOT, amount will be calculated by us based on the
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 (e)reopen or continue the bidding even after the other charges related to the lot, regardless of the INCLUDING THE IMPLIED WARRANTIES
of Sale Buying at Christie’s” and “Additional improved by some method. You may request a laundering and/or anti-terrorism financing checks hammer has fallen; and nationality or citizenship of the successful bidder. (f) The authenticity warranty does not apply if OF MERCHANTABILITY OR FITNESS FOR A most recent published CME CF Ether-Dollar
Reference Rate (BRR and ETHUSD_RR) index
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 (f)in the case of error or dispute related to bidding Christie’s will collect sales tax where legally the lot can only be shown not to be authentic PARTICULAR PURPOSE, EACH OF WHICH IS rate as determined by us, and will be disclosed
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, and whether during or after the auction, continue required. The applicable sales tax rate will be by a scientific process which, on the date we SPECIFICALLY DISCLAIMED. in the invoice. The amount of cryptocurrency
three weeks before the date of the auction and we may cancel the contract for sale between you the bidding, determine the successful bidder, determined based upon the state, county, or locale published the catalogue, was not available
Unless we own a lot in authen or in part (Δ symbol), you pay the fee for the report. and the seller. cancel the sale of the lot, or reoffer and resell to which the lot will be shipped. Christie’s shall or generally accepted for use, or which was 4 YOUR WARRANTIES specified in the invoice is the amount of
Christie’s acts as agent for the seller. any lot. If you believe that the auctioneer has unreasonably expensive or impractical, or which cryptocurrency that must be paid to us if that
(c)We do not obtain a gemmological report for every 4 BIDDING ON BEHALF OF ANOTHER collect New York sales tax at a rate of 8.875% for any (a) You warrant that the funds used for settlement is the payment option you select regardless
was likely to have damaged the lot.
A BEFORE THE SALE gemstone sold in our auctions. Where we do PERSON accepted the successful bid in error, you must lot collected from Christie’s in New York. (g) The benefit of the authenticity warranty is are not connected with any criminal activity, of whether the conversion rate at the time of
provide a written notice detailing your claim
get gemmological reports from internationally
1 DESCRIPTION OF LOTS accepted gemmological laboratories, such If you are bidding on behalf of another person, within 3 business days of the date of the auction. In accordance with New York law, if Christie’s only available to the original buyer shown on the including tax evasion, and you are neither under auction or when you pay the invoice or at any
(a)Certain words used in the catalogue description reports will be described in the catalogue. that person will need to complete the registration The auctioneer will consider such claim in good arranges the shipment of a lot out of New York invoice for the lot issued at the time of the sale investigation, nor have you been charged with other time is different. In the event that we are
have special meanings. You can find details of Reports from American gemmological requirements above before you can bid, and supply faith. If the auctioneer, in the exercise of his or State, New York sales tax does not apply, although and only if on the date of the notice of claim, the or convicted of money laundering, terrorist required to return any amounts to you hereunder,
you agree to receive such amounts in the fiat
activities or other crimes.
these on the page headed “Important Notices laboratories will describe any improvement a signed letter authorising you to bid for him/ her discretion under this paragraph, decides after sales tax or other applicable taxes for other states original buyer is the full owner of the lot and the
and Explanation of Cataloguing Practice” which or treatment to the gemstone. Reports from her. A bidder accepts personal liability to pay the the auction is complete, to cancel the sale of a may apply. If you hire a shipper (other than a lot is free from any claim, interest or restriction (b) Where you are bidding on behalf of another amount of the saleroom.
forms part of these terms. You can find a key European gemmological laboratories will purchase price and all other sums due unless it lot, or reoffer and resell a lot, he or she will notify common carrier authorized by Christie’s), to collect by anyone else. The benefit of this authenticity person, you warrant that:
to the Symbols found next to certain catalogue describe any improvement or treatment only has been agreed in writing with Christie’s, before the successful bidder no later than by the end the lot from a Christie’s New York location, Christie’s warranty may not be transferred to anyone else. (i) you have conducted appropriate customer 2 TRANSFERRING OWNERSHIP TO YOU
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 the 7th calendar day following the date of the must collect New York sales tax on the lot at a rate (h) In order to claim under the authenticity due diligence on the ultimate buyer(s) of You will not own the lot and ownership of the lot
“Symbols Used in this Catalogue”. when no improvement or treatment has been acting as an agent on behalf of a named third party auction. The auctioneer’s decision in exercise of of 8.875% regardless of the ultimate destination warranty you must: the lot(s) in accordance with all applicable will not pass to you until we have received full
(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 this discretion is final. This paragraph does not in of the lot. (i) give us written notice of your claim within anti-money laundering and sanctions and clear payment of the purchase price, even
condition report and any other statement made technology, laboratories may not agree whether seek payment from the named third party. any way prejudice Christie’s ability to cancel the 5 years of the date of the auction. We may laws, consent to us relying on this due in circumstances where we have released the lot
by us (whether orally or in writing) about any lot, a particular gemstone has been treated, the sale of a lot under any other applicable provision If Christie’s delivers the lot to, or the lot is collected require full details and supporting evidence diligence, and you will retain for a period to you.
including about its nature or condition, artist, amount of treatment, or whether treatment is 5 BIDDING IN PERSON of these Conditions of Sale, including the rights by, any framer, restorer or other similar service of any such claim; of not less than 5 years the documentation
period, materials, approximate dimensions, permanent. The gemmological laboratories will If you wish to bid in the saleroom you must register of cancellation set forth in sections B(3), E(2)(i), provider in New York that you have hired, New York (ii) at Christie’s option, we may require you evidencing the due diligence. You will make 3 TRANSFERRING RISK TO YOU
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 F(4), and J(1). law considers the lot delivered to the successful to provide the written opinions of two such documentation promptly available for The risk in and responsibility for the lot will transfer
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. bidder in New York and New York sales tax must be recognised experts in the field of the lot immediate inspection by an independent to you from whichever is the earlier of the following:
carry out in-depth research of the sort carried report. christies.com or in person. For help, please contact 4 BIDDING imposed regardless of the ultimate destination of mutually agreed by you and us in advance third-party auditor upon our written request (a) When you collect the lot; or
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. The auctioneer accepts bids from: the lot. In this circumstance, New York sales tax will confirming that the lot is not authentic. If to do so; (b) At the end of the 30th day following the date of
dimensions and weights are approximate only. information in any gemmological report. If no 6 BIDDING SERVICES (a)bidders in the saleroom; apply to the lot even if Christie’s or a common carrier we have any doubts, we reserve the right to (ii) the arrangements between you and the the auction or, if earlier, the date the lot is taken
report is available, assume that the gemstones (b)telephone bidders; (authorized by Christie’s that you hire) subsequently obtain additional opinions at our expense; ultimate buyer(s) in relation to the lot into care by a third party warehouse as set out on
2 OUR RESPONSIBILITY FOR OUR may have been treated or enhanced. The bidding services described below are a free (c)internet bidders through Christie’s LIVE™ (as delivers the lot outside New York. and or otherwise do not, in whole or in part, the page headed ‘Storage and Collection’, unless
service offered as a convenience to our clients and
DESCRIPTION OF LOTS Christie’s is not responsible for any error (human shown above in paragraph B6); and (iii) return the lot at your expense to the facilitate tax crimes; we have agreed otherwise with you.
We do not provide any guarantee in relation to 8 WATCHES & CLOCKS or otherwise), omission, or breakdown in providing (d)written bids (also known as absentee bids or Successful bidders claiming an exemption from saleroom from which you bought it in the (iii) you do not know, and have no reason to
the nature of a lot apart from our authenticity (a)Almost all clocks and watches are repaired in these services. commission bids) left with us by a bidder before sales tax must provide appropriate documentation condition it was in at the time of sale. suspect, that the funds used for settlement 4 WHAT HAPPENS IF YOU DO NOT PAY
warranty contained in paragraph E2 and to the their lifetime and may include parts which the auction. to Christie’s prior to the release of the lot or within (i) Your only right under this authenticity warranty are connected with, the proceeds of any (a) If you fail to pay us the purchase price in full
extent provided in paragraph I below. are not original. We do not give a warranty (a)Phone Bids 90 days after the sale, whichever is earlier. For is to cancel the sale and receive a refund of the criminal activity, including tax evasion, by the due date, we will be entitled to do one
that any individual component part of any Your request for this service must be made no shipments to those states for which Christie’s is not purchase price paid by you to us. We will not, or that the ultimate buyer(s) are under or more of the following (as well as enforce our
3 CONDITION watch is authentic. Watchbands described as later than 24 hours prior to the auction. We will 5 BIDDING ON BEHALF OF THE SELLER required to collect sales tax, a successful bidder under any circumstances, be required to pay investigation, or have been charged with rights under paragraph F5 and any other rights or
(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 The auctioneer may, at his or her sole option, bid may have a use or similar tax obligation. It is the you more than the purchase price nor will we or convicted of money laundering, terrorist remedies we have by law):
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 on behalf of the seller up to but not including the successful bidder’s responsibility to pay all taxes be liable for any loss of profits or business, loss activities or other crimes.
damage, restoration, repair and wear and without pendulums, weights or keys. to bid in a language other than in English, you amount of the reserve either by making consecutive due. Christie’s recommends you consult your own of opportunity or value, expected savings or F PAYMENT (i) we can charge interest from the due date
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 bids or by making bids in response to other bidders. independent tax advisor with any questions. interest, costs, damages, other damages or 1 HOW TO PAY at a rate of up to 1.34% per month on the
be in perfect condition. Lots are sold “as is,” complex mechanisms, you are responsible may record telephone bids. By bidding on the The auctioneer will not identify these as bids made expenses. (a) Immediately following the auction, you must pay unpaid amount due;
in the condition they are in at the time of the for any general service, change of battery, or telephone, you are agreeing to us recording on behalf of the seller and will not make any bid on E WARRANTIES (j) Books. Where the lot is a book, we give an the purchase price being: (ii) we can cancel the sale of the lot. If we do
sale, without any representation or warranty further repair work that may be necessary. We your conversations. You also agree that your behalf of the seller at or above the reserve. If lots 1 SELLER’S WARRANTIES additional warranty for 21 days from the date of (i) the hammer price; and this, we may sell the lot again, publically
or assumption of liability of any kind as to do not give a warranty that any watch is in good telephone bids are governed by these Conditions are offered without reserve, the auctioneer will For each lot, the seller gives a warranty that the the auction that if any lot is defective in text or or privately on such terms we shall think
condition by Christie’s or by the seller. working order. Certificates are not available of Sale. generally decide to open the bidding at 50% of the seller: illustration, we will refund your purchase price, (ii) the buyer’s premium; and necessary or appropriate, in which case
(b)Any reference to condition in a catalogue entry unless described in the catalogue. (b)Internet Bids on Christie’s LIVE™ low estimate for the lot. If no bid is made at that (a) is the owner of the lot or a joint owner of the subject to the following terms: (iii) any applicable duties, goods, sales, use, you must pay us any shortfall between the
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 level, the auctioneer may decide to go backwards lot acting with the permission of the other co- (a)This additional warranty does not apply to: compensating or service tax, or VAT. purchase price and the proceeds from the
description of condition, and images may not out the type and quality of movement. For that the Internet. For more information, please at his or her sole option until a bid is made, and then owners or, if the seller is not the owner or a joint Payment is due no later than by the end of the 7th resale. You must also pay all costs, expenses,
show a lot clearly. Colours and shades may look reason, wristwatches with water resistant cases visit https://www.christies.com/buying- continue up from that amount. In the event that owner of the lot, has the permission of the owner (i) the absence of blanks, half titles, tissue calendar day following the date of the auction (the losses, damages and legal fees we have to
different in print or on screen to how they look may not be waterproof and we recommend you services/buying-guide/register-and-bid/. As there are no bids on a lot, the auctioneer may deem to sell the lot, or the right to do so in law; and guards or advertisements, damage in “due date”). pay or may suffer and any shortfall in the
on physical inspection. Condition reports may have them checked by a competent watchmaker well as these Conditions of Sale, internet bids are such lot unsold. (b) has the right to transfer ownership of the lot to respect of bindings, stains, spotting, (b) We will only accept payment from the registered seller’s commission on the resale;
be available to help you evaluate the condition before use. governed by the Christie’s LIVE™ Terms of Use 6 BID INCREMENTS marginal tears or other defects not (iii) we can pay the seller an amount up to the
of a lot. Condition reports are provided free of Important information about the sale, transport which are available at https://www.christies. the buyer without any restrictions or claims by affecting completeness of the text or bidder. Once issued, we cannot change the net proceeds payable in respect of the
charge as a convenience to our buyers and are and shipping of watches and watchbands can be com/LiveBidding/OnlineTermsOfUse.aspx. Bidding generally starts below the low estimate and anyone else. illustration; buyer’s name on an invoice or re-issue the invoice amount bid by your default in which case you
for guidance only. They offer our opinion but found in paragraph H2(f). (c)Written Bids increases in steps (bid increments). The auctioneer (c) If either of the above warranties are incorrect, (ii) drawings, autographs, letters or in a different name. You must pay immediately acknowledge and understand that Christie’s
even if you want to export the lot and you need
they may not refer to all faults, inherent defects, You can find a Written Bid Form at any Christie’s will decide at his or her sole option where the the seller shall not have to pay more than the manuscripts, signed photographs, music, will have all of the rights of the seller to
restoration, alteration or adaptation because office, or by choosing the sale and viewing the bidding should start and the bid increments. purchase price (as defined in paragraph F1(a) atlases, maps or periodicals; an export licence. pursue you for such amounts;
our staff are not professional restorers or B REGISTERING TO BID lots online at www.christies.com. We must 7 CURRENCY CONVERTER below) paid by you to us. The seller will not be (iii) books not identified by title; (c) You must pay for lots bought at Christie’s in
conservators. For that reason condition reports 1 NEW BIDDERS receive your completed Written Bid at least 24 The saleroom video screens (and Christies LIVE™) responsible to you for any reason for loss of (iv) lots sold without a printed estimate; the United States in the currency stated on the (iv) we can hold you legally responsible for
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 profits or business, expected savings, loss of invoice in one of the following ways: the purchase price and may begin legal
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 may show bids in some other major currencies as opportunity or interest, costs, damages, other (v) books which are described in the (i) Wire transfer proceedings to recover it together with other
responsibility to ensure that you have requested, anything from any of our salerooms within the will take reasonable steps to carry out written well as US dollars. Any conversion is for guidance damages or expenses. The seller gives no catalogue as sold not subject to return; or JP Morgan Chase Bank, N.A., losses, interest, legal fees and costs as far as
received and considered any condition report. last two years you must register at least 48 bids at the lowest possible price, taking into only and we cannot be bound by any rate of warranty in relation to any lot other than as set (vi) defects stated in any condition report or 270 Park Avenue, New York, NY 10017; we are allowed by law;
exchange used. Christie’s is not responsible for any
hours before an auction begins to give us enough account the reserve. If you make a written bid out above and, as far as the seller is allowed by announced at the time of sale. ABA# 021000021; FBO: Christie’s Inc.; (v) we can take what you owe us from any
4 VIEWING LOTS PRE-AUCTION time to process and approve your registration. on a lot which does not have a reserve and error (human or otherwise), omission or breakdown law, all warranties from the seller to you, and all (b)To make a claim under this paragraph you Account # 957-107978, amounts which we or any company in the
in providing these services.
other obligations upon the seller which may be
(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 added to this agreement by law, are excluded. must give written details of the defect and for international transfers, SWIFT: Christie’s Group may owe you (including
any deposit or other part-payment which you
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 8 SUCCESSFUL BIDS return the lot to the sale room at which you CHASUS33. have paid to us);
representative before you make a bid to make following: or, if lower, the amount of your bid. If we receive Unless the auctioneer decides to use his or her bought it in the same condition as at the (ii) Credit Card
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 discretion as set out in paragraph C3 above, when 2 OUR AUTHENTICITY WARRANTY time of sale, within 21 days of the date of We accept Visa, MasterCard, American (vi) we can, at our option, reveal your identity
condition. We recommend you get your own licence, national identity card, or passport) the auction these are the highest bids on the lot, the auctioneer’s hammer strikes, we have accepted We warrant, subject to the terms below, that the the sale. Express and China Union Pay. Credit card and contact details to the seller;
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 the last bid. This means a contract for sale has lots in our sales are authentic (our “authenticity (k) South East Asian Modern and Contemporary payments at the New York premises will only (vii) we can reject at any future auction any
adviser. of your current address (for example, a bid we received first. been formed between the seller and the successful warranty”). If, within 5 years of the date of the Art and Chinese Calligraphy and Painting. be accepted for New York sales. Christie’s bids made by or on behalf of the buyer or
(b)Pre-auction viewings are open to the public free current utility bill or bank statement); bidder. We will issue an invoice only to the registered auction, you give notice to us that your lot is not In these categories, the authenticity warranty will not accept credit card payments for to obtain a deposit from the buyer before
of charge. Our specialists may be available to (ii)for corporate clients: Your Certificate of C CONDUCTING THE SALE bidder who made the successful bid. While we authentic, subject to the terms below, we will does not apply because current scholarship does purchases in any other sale site. accepting any bids;
answer questions at pre-auction viewings or by Incorporation or equivalent document(s) 1 WHO CAN ENTER THE AUCTION send out invoices by mail and/or email after the refund the purchase price paid by you. The not permit the making of definitive statements. (iii) Cash (viii) we can exercise all the rights and remedies
meaning of authentic can be found in the glossary
appointment. showing your name and registered address We may, at our option, refuse admission to our auction, we do not accept responsibility for telling Christie’s does, however, agree to cancel a sale We accept cash payments (including money of a person holding security over any
together with documentary proof of premises or decline to permit participation in any you whether or not your bid was successful. If you at the end of these Conditions of Sale. The terms of in either of these two categories of art where it orders and traveller’s checks) subject to a property in our possession owned by you,
5 ESTIMATES directors and beneficial owners; and auction or to reject any bid. have bid by written bid, you should contact us by the authenticity warranty are as follows: has been proven the lot is a forgery. Christie’s maximum global aggregate of US$7,500 whether by way of pledge, security interest
will refund to the original buyer the purchase
(a) It will be honored for claims notified within a
Estimates are based on the condition, rarity, (iii)for trusts, partnerships, offshore companies 2 RESERVES telephone or in person as soon as possible after the period of 5 years from the date of the auction. price in accordance with the terms of Christie’s per buyer. or in any other way as permitted by the law
of the place where such property is located.
auction to get details of the outcome of your bid to
quality and provenance of the lots and on prices and other business structures, please After such time, we will not be obligated to honor Authenticity warranty, provided that the (iv) Bank Checks
recently paid at auction for similar property. contact us in advance to discuss our Unless otherwise indicated, all lots are subject to a avoid having to pay unnecessary storage charges. the authenticity warranty. original buyer notifies us with full supporting You must make these payable to Christie’s You will be deemed to have granted such
security to us and we may retain such
Estimates can change. Neither you, nor anyone requirements. reserve. We identify lots that are offered without 9 LOCAL BIDDING LAWS evidence documenting the forgery claim within Inc. and there may be conditions. Once we property as collateral security for your
else, may rely on any estimates as a prediction (b)We may also ask you to give us a financial a reserve with the symbol • next to the lot number. You agree that when bidding in any of our sales (b) It is given only for information shown in twelve (12) months of the date of the auction. have deposited your check, property cannot obligations to us; and
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 that you will strictly comply with all local laws and UPPERCASE type in the first line of the Such evidence must be satisfactory to us that be released until five business days have
its value for any other purpose. Estimates do not allowing you to bid. For help, please contact our estimate, unless the lot is subject to a third party regulations in force at the time of the sale for the catalogue description (the “Heading”). It does the property is a forgery in accordance with passed. (ix) we can take any other action we see
include the buyer’s premium or any applicable Client Services Department at +1 212-636-2000. guarantee and the irrevocable bid exceeds the relevant sale site. not apply to any information other than in the paragraph E2(h)(ii) above and the property (v) Checks necessary or appropriate.
taxes. printed low estimate. In that case, the reserve Heading even if shown in UPPERCASE type. must be returned to us in accordance with You must make checks payable to Christie’s (b) If you owe money to us or to another Christie’s
(c) The authenticity warranty does not apply E2h(iii) above. Paragraphs E2(b), (c), (d), (e), (f) Inc. and they must be drawn from US dollar Group company, we can use any amount you do
to any Heading or part of a Heading which and (g) and (i) also apply to a claim under these accounts from a US bank. pay, including any deposit or other part-payment
is qualified. Qualified means limited by a
categories.