Page 162 - Nov 28 Chinese Art Hong Kong

NOTICE TO BIDDERS items which are unsuitable for connection are sold as items discretion from time to time by notice given orally or in writing will be issued with a large card (a “paddle”) with a printed the Sale. You will be liable to pay the Purchase Price, which Credit cards: American Express, Visa and Mastercard only.
of interest for display purposes only. before or during a Sale. number on it. This will be attributed to you for the purposes is the Hammer Price plus any Tax. Please note there is a 2% surcharge on the total invoice
This notice is addressed by Bonhams to any person who If you yourself do not have expertise regarding a Lot, you of the Sale. Should you be a successful Bidder you will value when payments are made using credit cards. It may
may be interested in a Lot, including Bidders and potential should consult someone who does to advise you. We can THE LOT IS AVAILABLE FOR INSPECTION AND YOU MUST need to ensure that your number can be clearly seen by the At the same time, a separate contract is also entered into be advisable to notify your card provider of your intended
Bidders (including any eventual Buyer of the Lot). For ease assist in arranging facilities for you to carry out or have FORM YOUR OWN OPINION IN RELATION TO IT. YOU ARE Auctioneer and that it is your number which is identified as between us as auctioneers and the Buyer. This is our Buyer’s purchase in advance to reduce delays caused by us having
of reference we refer to such persons as “Bidders” or “you”. carried out more detailed inspections and tests. Please ask STRONGLY ADVISED TO EXAMINE ANY LOT OR HAVE IT the Buyer’s. You should not let anyone else use your paddle Agreement, the terms of which are set out in Appendix 2 to seek authority when you come to pay. If you have any
Our List of Definitions and Glossary is incorporated into our staff for details. EXAMINED ON YOUR BEHALF BEFORE THE SALE. as all Lots will be invoiced to the name and address given on at the end of the Catalogue. Please read the terms of the questions with regard to payment, please contact our
this Notice to Bidders. It is at Appendix 3 at the back of the your Bidder Registration Form. Once an invoice is issued it Contract for Sale and our Buyer’s Agreement contained in Customer Services Department.
Catalogue. Where words and phrases are used in this notice Any person who damages a Lot will be held liable for the loss 4. CONDUCT OF THE SALE will not be changed. the Catalogue in case you are the successful Bidder. We
which are in the List of Definitions, they are printed in italics. caused. Our Sales are public auctions which persons may attend and may change the terms of either or both of these agreements in China UnionPay (CUP) debit cards: No surcharge for
you should take the opportunity to do so. If there is any doubt as to the Hammer Price of, or whether advance of their being entered into, by setting out different terms using CUP debit cards will apply on the first HK$1,000,000
IMPORTANT: Additional information applicable to the Sale 3. DESCRIPTIONS OF LOTS AND ESTIMATES you are the successful Bidder of, a particular Lot, you must in the Catalogue and/or by placing an insert in the Catalogue and/ invoiced to a Buyer in any Sale; a 2% surcharge will be
may be set out in the Catalogue for the Sale, in an insert in We do reserve the right at our sole discretion to refuse draw this to the attention of the Auctioneer before the next or by notices at the Sale venue and/or by oral announcements made on the balance over HK$1,000,000.
the Catalogue and/or in a notice displayed at the Sale venue Contractual Description of a Lot admission to our premises or to any Sale without stating Lot is offered for Sale. The decision of the Auctioneer is before and during the Sale. You should be alert to this possibility
and you should read them as well. Announcements affecting The Catalogue contains an Entry about each Lot. Each a reason. We have complete discretion as to whether the considered final and conclusive. of changes and ask if there have been any.
the Sale may also be given out orally before and during the Lot is sold by its respective Seller to the Buyer of the Lot Sale proceeds, whether any Lot is included in the Sale, 10. COLLECTION AND STORAGE
The Buyer of a Lot will not be allowed to collect it until
Sale without prior written notice. You should be alert to this as corresponding only with that part of the Entry which is the manner in which the Sale is conducted and we may At the end of the Sale, or when you have finished bidding 7. BUYER’S PREMIUM AND OTHER CHARGES payment in full and in cleared funds has been made (unless
possibility of changes and ask in advance of bidding if there printed in bold letters and (except for the colour, which may offer Lots for sale in any order we choose notwithstanding please return your paddle to the Bidder registration desk. PAYABLE BY THE BUYER
have been any. be inaccurately reproduced) with any photograph of the Lot the numbers given to Lots in the Catalogue. You should Under the Buyer’s Agreement, a premium (the Buyer’s we have made a special arrangement with the Buyer). Details
in the Catalogue. The remainder of the Entry, which is not therefore check the date and starting time of the Sale, Bidding by telephone Premium) is payable to us by the Buyer in accordance with the relating to the collection of a Lot, the storage of a Lot and our
1. OUR ROLE printed in bold letters, represents Bonhams’ opinion (given whether there have been any withdrawals or late entries. If you wish to bid at the Sale by telephone, please complete terms of the Buyer’s Agreement and at rates set out below, Storage Contractor after the Sale are set out in the Buyer’s
Agreement as set out in Appendix 2 of the Catalogue.
In its role as auctioneer of Lots, Bonhams acts solely for on behalf of the Seller) about the Lot only and is not part of Remember that withdrawals and late entries may affect the an Absentee and Telephone Bidding Form, which is available calculated by reference to the Hammer Price and payable in
and in the interests of the Seller. Bonhams’ job is to sell the the Contractual Description in accordance with which the Lot time at which a Lot you are interested in is put up for Sale. from our offices or in the Catalogue. Please then return it to addition to it. Storage charges and Expenses are also payable
Lot at the highest price obtainable at the Sale to a Bidder. is sold by the Seller. the office which is responsible for the Sale at least 24 hours by the Buyer as set out in the Buyer’s Agreement. 11. SHIPPING
Bonhams does not act for Buyers or Bidders in this role and We have complete discretion to refuse any bid, to nominate in advance of the Sale. It is your responsibility to check with Please refer enquiries on this to our customer services
does not give advice to Buyers or Bidders. When it or its Estimates any bidding increment we consider appropriate, to divide any our Bids Office that your bid has been received. Telephone For this Sale the following rates of Buyer’s Premium will be department dealing with the Sale.
staff make statements about a Lot or, if Bonhams provides In most cases, an Estimate is printed beside the Entry. Lot, to combine two or more Lots, to withdraw any Lot from calls may be recorded. The telephone bidding facility is a payable by Buyers on each lot purchased:
a Condition Report on a Lot it is doing that on behalf of the Estimates are only an expression of Bonhams’ opinion made a Sale and, before the Sale has been closed, to put up any discretionary service and may not be available in relation to all 25% up to HK$2,000,000 of the Hammer Price 12. EXPORT/TRADE RESTRICTIONS
Seller of the Lot. Bidders and Buyers who are themselves on behalf of the Seller of the range where Bonhams thinks Lot for auction again. Lots. We will not be responsible for bidding on your behalf if 20% from HK$2,000,001 to 30,000,000 of the Hammer Price It is your sole responsibility to comply with all Hong Kong
not expert in the Lots are strongly advised to seek and the Hammer Price for the Lot is likely to fall; it is not an you are unavailable at the time of the Sale or if the telephone 12.5% from HK$30,000,001 of the Hammer Price export and overseas import regulations relating to your
obtain independent advice on the Lots and their value before estimate of value. It does not take into account any Tax or Auction speeds can exceed 100 Lots to the hour and bidding connection is interrupted during bidding. Please contact us purchases and also to obtain any relevant export and/or
bidding for them. Buyer’s Premium payable. Lots can in fact sell for Hammer increments are generally about 10%. However these do vary for further details. 8. TAX import licence(s).
Prices below and above the Estimate. Any Estimate should from Sale to Sale and from Auctioneer to Auctioneer. Please The Hammer Price and the Buyer’s Premium payable by
The Seller has authorised Bonhams to sell the Lot as its not be relied on as an indication of the actual selling price or check with the department organising the Sale for advice on Bidding by post or fax the Buyer is exclusive of any goods or service tax or other The need for export and import licences varies from country
agent on its behalf and, save where we expressly make it value of a Lot. this. Absentee and Telephone Bidding Forms can be found in the Tax (whether imposed by Hong Kong or otherwise). If any to country and you should acquaint yourself with all relevant
clear to the contrary, Bonhams acts only as agent for the back of this Catalogue and should be completed and sent such Tax was to be paid under Hong Kong laws or any other local requirements and provisions.
Seller. Any statement or representation we make in respect Estimates are in the currency of the Sale. Where a Reserve has been applied to a Lot, the Auctioneer to the office responsible for the Sale. It is in your interests laws, the Buyer shall be solely responsible to pay such Tax
of a Lot is made on the Seller’s behalf and, unless Bonhams may, in his absolute discretion, place bids (up to an amount to return your form as soon as possible, as if two or more and at the rate and time as required by the relevant law, or The refusal of any import or export licence(s) or any delay in
sells a Lot as principal, not on our behalf and any Contract Condition reports not equalling or exceeding such Reserve) on behalf of the Bidders submit identical bids for a Lot, the first bid received if such Tax is to be paid by us, we may add such Tax to the obtaining such licence(s) shall not permit the rescission of any
for Sale is between the Buyer and the Seller and not with us. In respect of most Lots, you may ask for a Condition Report Seller. We are not responsible to you in respect of the takes preference. In any event, all bids should be received Purchase Price payable by the Buyer. Sale nor allow any delay in making full payment for the Lot.
If Bonhams sells a Lot as principal this will either be stated on its physical condition from Bonhams. If you do so, this presence or absence of any Reserve in respect of any Lot. at least 24 hours before the start of the Sale. Please check
in the Catalogue or an announcement to that effect will be will be provided by Bonhams on behalf of the Seller free of your Absentee and Telephone Bidding Form carefully before 9. PAYMENT 13. CITES REGULATIONS
made by the Auctioneer, or it will be stated in a notice at the charge. Bonhams is not entering into a contract with you in If there is a Reserve it will normally be no higher than the returning it to us, fully completed and signed by you. It is It is of critical importance that you ensure that you have Buyers are advised to check the regulations applicable to
Sale or an insert in the Catalogue. respect of the Condition Report and accordingly does not lower figure for any Estimate in the Catalogue, assuming that your responsibility to check with our Bids Office that your bid readily available funds to pay the Purchase Price and the Hong Kong exportation and overseas importation when
assume responsibility to you in respect of it. Nor does the the currency of the Reserve has not fluctuated adversely has been received. This additional service is complimentary Buyer’s Premium (plus Tax and any other charges and exporting any goods from Hong Kong to the place of
Bonhams does not owe or undertake or agree to any duty Seller owe or agree to owe you as a Bidder any obligation against the currency of the Estimate. and is confidential. Such bids are made at your own risk Expenses to us) in full before making a bid for the Lot. If you importation. Buyers should also be aware that the export
or responsibility to you in contract or tort (whether direct, or duty in respect of this free report about a Lot which is and we cannot accept liability for our failure to receive and/ are a successful Bidder, payment will be due to be made to from Hong Kong of any items made of or incorporating
collateral, express, implied or otherwise). If you successfully available for your own inspection or for inspection by an The Buyer will be the Bidder who makes the highest bid or place any such bids. All bids made on your behalf will be us by 4.30 pm on the second working day after the Sale so ivory, whalebone, tortoiseshell, rhinoceros horn, coral and
bid for a Lot and buy it, at that stage Bonhams does enter expert instructed by you. However, any written description acceptable to the Auctioneer for any Lot (subject to any made at the lowest level possible subject to Reserves and that all sums are cleared by the seventh working day after other restricted materials is prohibited unless a CITES
into an agreement with the Buyer. The terms of that contract of the physical condition of the Lot contained in a Condition applicable Reserve) to whom the Lot is knocked down by the other bids made for the Lot. Where appropriate your bids the Sale. Payment will have to be by one of the following export licence is obtained from the Agriculture, Fisheries
are set out in our Buyer’s Agreement save for those varied Report will form part of the Contractual Description of the Lot Auctioneer at the striking of the Auctioneer’s hammer. Any will be rounded down to the nearest amount consistent with methods (all cheques should be made payable to Bonhams and Conservation Department of Hong Kong. A period of 8
by announcement given out orally before and/or during the under which it is sold to any Buyer. dispute as to the highest acceptable bid will be settled by the the Auctioneer’s bidding increments. New Bidders must also (Hong Kong) Limited). Bonhams reserves the right to vary weeks may be required for the purposes of obtaining such
Sale, which you will find at Appendix 2 at the back of the Auctioneer in his absolute discretion. provide proof of identity when submitting bids. Failure to do the terms of payment at any time. Unless agreed by us export licence.
Catalogue. This will govern Bonhams’ relationship with the The Seller’s responsibility to you this may result in your bid not being placed. advance payments made by anyone other than the registered
Buyer. The Seller does not make or agree to make any All bids tendered will relate to the actual Lot number buyer will not be accepted. Please note that Lots marked in the catalogue with a Y
representation of fact or contractual promise, guarantee or announced by the Auctioneer. Bidding via the internet next to the lot number contain one or more of the aforesaid
2. LOTS warranty and undertakes no obligation or duty, whether in Please visit our Website at http://www.bonhams.com for Hong Kong dollar personal cheque drawn on a Hong restricted materials. However, the omission of such letter Y
does not automatically mean that the Lot is not subject to
Subject to the Contractual Description printed in bold letters contract or in tort (other than to the eventual Buyer as set An electronic currency converter may be used at the Sale. details of how to bid via the internet. Kong branch of a bank : all cheques must be cleared
in the Entry about the Lot in the Catalogue (see paragraph 3 out above), in respect of the accuracy or completeness This equipment is provided as a general guide as to the before you can collect your purchases; CITES regulations. Buyers are advised to obtain information
below), Lots are sold to the Buyer on an “as is” basis, with of any statement or representation made by him or on his equivalent amount in certain currencies of a given bid. We Bidding through an agent from the relevant regulatory authorities regarding export and
all faults and imperfections. No reference is made in the behalf which is in any way descriptive of any Lot or as to the do not accept any responsibility for any errors which may Bids will be accepted as placed on behalf of the person Bankers draft cheque: if you can provide suitable proof import restrictions, requirements and costs prior to bidding.
Catelogue to any defect, damage or restoration of the Lot. anticipated or likely selling price of any Lot. Other than as occur in the use of the currency converter. named as the principal on the Bidding Form although we may of identity and we are satisfied as to the genuineness of the
Please see paragraph 15. set out above, no statement or representation in any way refuse to accept bids from an agent on behalf of a principal draft or cheque, and that the funds have originated from your 14. THE SELLERS AND/OR BONHAMS’ LIABILITY
descriptive of a Lot or any Estimate is incorporated into any We hereby give you notice that we may use video cameras to and may require written confirmation from the principal own account, we will allow you to collect your purchases Other than any liability of the Seller to the Buyer of a Lot
Illustrations and photographs contained in the Catalogue Contract for Sale between a Seller and a Buyer. record the Sale and may record telephone calls for reasons confirming the agent’s authority to bid. Nevertheless, as the immediately; under the Contract for Sale, neither we nor the Seller are
(other than photographs forming part of the Contractual of security and to assist in solving any disputes which may Bidding Form explains, any person placing a bid as agent liable (whether in negligence or otherwise) for any error
Description) or elsewhere of any Lots are for identification Bonhams’ responsibility to you arise in relation to bids made at the Sale. on behalf of another (whether or not he has disclosed that Cash: you may pay for Lots purchased by you at this Sale or misdescription or omission in any Description of a Lot
purposes only. They may not reveal the true condition of the You have the opportunity of examining the Lot if you want fact or the identity of his principal) will be jointly and severally with notes or coins in the currency in which the Sale is or any Estimate in respect of it, whether contained in the
Lot. A photograph or illustration may not reflect an accurate to and the Contract for Sale for a Lot is with the Seller and At some Sales, for example, jewellery Sales, we may use liable with the principal to the Seller and to Bonhams under conducted (but not any other currency) provided that the total Catalogue or otherwise, whether given orally or in writing
reproduction of the colour(s) of the Lot. not with Bonhams; Bonhams acts as the Seller’s agent only screens on which images of the Lots will be projected. This any contract resulting from the acceptance of a bid. amount payable by you in respect of all Lots purchased by and whether given before or during the Sale. Neither we
(unless Bonhams sells the Lot as principal). service is provided to assist viewing at the Sale. The image you at the Sale does not exceed HK$80,000. If the amount nor the Seller will be liable for any loss of Business, profits,
Lots are available for inspection prior to the Sale and it is for on the screen should be treated as an indication only of the Subject to the above, please let us know if you are acting on payable by you for Lots exceeds that sum, the balance must revenue or income, or for loss of reputation, or for disruption
you to satisfy yourself as to each and every aspect of a Lot, Bonhams undertakes no obligation to you to examine, current Lot. It should be noted that all bids tendered will behalf of another person when bidding for Lots at the Sale. be paid otherwise than in coins or notes; to Business or wasted time on the part of management or
including its authorship, attribution, condition, provenance, investigate or carry out any tests, either in sufficient depth or relate to the actual Lot number announced by the Auctioneer. Equally, please let us know if you intend to nominate another staff, or for indirect losses or consequential damages of any
history, background, authenticity, style, period, age, at all, on each Lot to establish the accuracy or otherwise of We do not accept any responsibility for any errors which may person to bid on your behalf at the Sale unless this is to be Bank transfer: you may electronically transfer funds to kind, irrespective in any case of the nature, volume or source
suitability, quality, roadworthiness (if relevant), origin, value any descriptions or opinions given by Bonhams, or by any occur in the use of the screen. carried out by us pursuant to an Absentee and Telephone our Client Account. If you do so, please quote your paddle of the loss or damage alleged to be suffered, and irrespective
and estimated selling price (including the Hammer price). It person on Bonhams’ behalf, whether in the Catalogue or Bidding Form that you have completed. If we do not approve number and invoice number as the reference. Our Client of whether the said loss or damage is caused by or claimed
is your responsibility to examine any Lot in which you are elsewhere. 5. BIDDING the agency arrangements in writing before the Sale, we are Account details are as follows: in respect of any negligence, other tort, breach of contract (if
interested. We do not accept bids from any person who has not entitled to assume that the person bidding at the Sale is Bank : HSBC any) or statutory duty, restitutionary claim or otherwise.
You should not suppose that such examinations, completed and delivered to us one of our Bidding Forms, bidding on his own behalf. Accordingly, the person bidding at Address : Head Office
It should be remembered that the actual condition of a investigations or tests have occurred. either our Bidder Registration Form, Absentee and Telephone the Sale will be the Buyer and will be liable to pay the Hammer 1 Queen’s Road Central, Hong Kong In any circumstances where we and/or the Seller are liable
Lot may not be as good as that indicated by its outward Bidding Form before the Sale. You may be asked for proof of Price and Buyer’s Premium and associated charges. If we Account Name: Bonhams (Hong Kong) Limited. - in relation to any Lot or any Description or Estimate made
appearance. In particular, parts may have been replaced or Bonhams does not make or agree to make any identity, residence, financial details and references, which, if approve the identity of your client in advance, we will be in a Client A/C of any Lot, or the conduct of any Sale in relation to any Lot,
renewed and Lots may not be authentic or of satisfactory representation of fact, and undertakes no obligation or duty asked for, you must supply if your bids are to be accepted by position to address the invoice to your principal rather than Account Number: 808 870 174001 whether in damages, for an indemnity or contribution, or for
quality; the inside of a Lot may not be visible and may not (whether in contract or tort) in respect of the accuracy or us. Please bring your passport, Hong Kong Identity Card (or you. We will require proof of the agent’s client’s identity and SWIFT Code: HSBCHKHHHKH a restitutionary remedy or otherwise, our and/or the Seller’s
be original or may be damaged, as for example where it is completeness of any statement or representation made similar photo proof of identity) and a debit or credit card. We residence in advance of any bids made by the agent on his liability (combined, if both we and the Seller are liable) will be
covered by upholstery or material. Given the age of many by Bonhams or on Bonhams’ behalf which is in any way may request a deposit from you before allowing you to bid. behalf. Please refer to our Conditions of Business and contact If paying by bank transfer, the amount received after the limited to payment of a sum which will not exceed by way
Lots they may have been damaged and/or repaired and you descriptive of any Lot or as to the anticipated or likely selling our Customer Services Department for further details. deduction of any bank fees and/or conversion of the currency of maximum the amount of the Purchase Price of the Lot
should not assume that a Lot is in good condition. price of any Lot. We may refuse entry to a Sale to any person even if that of payment to Hong Kong dollars must not be less than irrespective in any case of the nature, volume or source of
person has completed a Bidding Form. 6. CONTRACTS BETWEEN THE BUYER AND SELLER the Hong Kong dollars amount payable, as set out on the any loss or damage alleged to be suffered or sum claimed as
Electronic or mechanical parts may not operate or may not No statement or representation by Bonhams or on its AND THE BUYER AND BONHAMS invoice. due, and irrespective of whether the liability arises from any
comply with current statutory requirements. You should behalf in any way descriptive of any Lot or any Estimate is Bidding in person On the Lot being knocked down to the Buyer, a Contract negligence, other tort, breach of contract (if any) or statutory
not assume that electrical items designed to operate on incorporated into our Buyer’s Agreement. You should come to our Bidder registration desk at the for Sale of the Lot will be entered into between the Seller Debit cards issued by a Hong Kong bank (EPS): there is duty or otherwise.
mains electricity will be suitable for connection to the mains Sale venue and fill out a Bidder Registration Form on (or, if and the Buyer on the terms of the Contract for Sale set out no additional charge for purchases made with these cards;
electricity supply and you should obtain a report from a Alterations possible, before) the day of the Sale. The bidding number in Appendix 1 at the back of the Catalogue save for those Nothing set out above will be construed as excluding or
qualified electrician on their status before doing so. Such Descriptions and Estimates may be amended at Bonhams’ system is sometimes referred to as “paddle bidding”. You varied by announcement given out orally before and/or during restricting (whether directly or indirectly) our liability or
excluding or restricting any person’s rights or remedies in
HK/NTB/MAIN/9.2017 HK/NTB/MAIN/9.2017
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