Page 78 - Six treasures of IMpeerial Art Sothebys Hong Kong April 3 2019
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GLOSSARY FOR CHINESE WORKS   www.sothebys.com for the most up to date   deliver to Sotheby’s a deposit of   sale is not known until after the printing of the
         OF ART                    cataloguing of the property in this catalogue.  HK$5,000,000 or such other higher amount   auction catalogue, a pre-lot announcement
                                                             as may be determined by Sotheby’s (for any   will be made indicating that interested parties
         The following are examples of the   Provenance In certain circumstances,   items of Chinese Works of Art, Fine Chinese   may be bidding on the lot.
         terminology used in this catalogue. Please   Sotheby’s may print in the catalogue the   Paintings, Fine Classical Chinese Paintings,
         note that all statements are made subject   history of ownership of a work of art if such   Magnifi cent Jewels & Jadeite and Modern &   □ No Reserve
         to the provisions of the Conditions of   information contributes to scholarship   Contemporary Art – Evening Sale) and of   Unless indicated by a box (□), all lots in this
         Business and Authenticity Guarantee.  or is otherwise well known and assists in   HK$2,000,000 or such other higher amount   catalogue are off ered subject to a reserve.
                                   distinguishing the work of art. However, the   as may be determined by Sotheby’s (for any   A reserve is the confi dential hammer price
                                   identity of the seller or previous owners may   items in other categories), and any fi nancial   established between Sotheby’s and the
         1.  When a piece is in our opinion of a certain   not be disclosed for a variety of reasons. For   references, guarantees and/or such other   seller and below which a lot will not be sold.
         period, reign or dynasty, this attribution   example, such information may be excluded   security as Sotheby’s may require in its   The reserve is generally set at a percentage
         appears in bold type, directly below the   to accommodate a seller’s request for   absolute discretion as security for the bid. If all   of the low estimate and will not exceed the
         heading of the catalogue entry for every lot
                                   confi dentiality or because the identity of prior   lots in the catalogue are “Premium Lots”, a   low estimate for the lot. If any lots in the
           e.g. A blue and white dish in our   owners is unknown given the age of the work   Special Notice will be included to this eff ect   catalogue are off ered without a reserve, these
           opinion of the Jiajing period of the   of art.    and this symbol will not be used.  lots are indicated by a box (□). If all lots in
           Ming dynasty is catalogued as:                                              the catalogue are off ered without a reserve,
           A Blue and White Dish, Ming Dynasty,   Buyer’s Premium A buyer’s premium will be     Guaranteed Property  a Special Notice will be included to this eff ect
           Jiajing period          added to the hammer price and is payable by   The seller of lots with this symbol has   and the box symbol will not be used.
                                   the buyer as part of the total purchase price.   been guaranteed a minimum price from
         2.  No fi rm attribution to a period is intended   The buyer’s premium is 25% of the hammer   one auction or a series of auctions.  This   ◉ Restricted Materials
         by any work in a description not confi rmed by   price up to and including HK$3,500,000, 20%   guarantee may be provided by Sotheby’s, by   Lots with this symbol have been identifi ed at
         an attribution in bold type after the heading of   of any amount in excess of HK$3,500,000 up   a third party or jointly by Sotheby’s and a third   the time of cataloguing as containing organic
         the lot.                  to and including HK$31,000,000, and 13.9%   party. A guarantee may be in the form of an   material which may be subject to restrictions
                                   of any amount in excess of HK$31,000,000.  irrevocable bid provided   regarding import or export. The information
         3.  Where attribution is given in the heading       by a third party.  Third parties providing or   is made available for the convenience of
         for a lot and there is more than one piece   1. BEFORE THE AUCTION  participating in a guarantee may benefi t   Buyers and the absence of the Symbol is
         in the lot, all the pieces in the lot belong        fi nancially if a guaranteed lot is sold   not a warranty that there are no restrictions
         in our opinion to the period in bold unless   Catalogue Subscriptions If you would like   successfully and may incur a loss if the sale   regarding import or export of the Lot; Bidders
         specifi cally stated to be otherwise.  to take out a catalogue subscription, please   is not successful.  If every lot in a catalogue   should refer to Condition 10 of the Conditions
                                   ring (852) 2822 8142.     is guaranteed, the Important Notices in the   of Business for Buyers. Please also refer to
         4.  Where no attribution is given to a piece, it    sale catalogue will so state and this symbol   the section on Endangered Species in the
         is of doubtful period in our opinion or of 19th   Deposit If you wish to bid on (  ) lots in the   will not be used for each lot. If a third party   information on Buying at Auction.
         or 20th century date.
                                   printed catalogue and ( ) lots in the   providing or participating in a guarantee is
                                   eCatalogue, you may be requested by   the successful bidder for the guaranteed lot,   Condition of Lots Prospective buyers are
         5.  With respect to Asian hardwoods, the   Sotheby’s to deliver to Sotheby’s a deposit of   they will be required to pay the full Buyer’s   encouraged to inspect the property at the
         terms ‘Huanghuali’, ‘Huali’ ‘Hongmu’ ‘Zitan’   HK$5,000,000 or such other higher amount   Premium.  pre-sale exhibitions. Solely as a convenience,
         and others appearing within single quotes   as may be determined by Sotheby’s (for any   Sotheby’s may provide condition reports.
         in bold or capital letters in the heading   items of Chinese Works of Art, Fine Chinese   The absence of reference to the condition
         are descriptive identifi cations based on   Paintings, Fine Classical Chinese Paintings,     Property in which Sotheby’s has an   of a lot in the catalogue description does
         appearance, and are not intended to denote a   Magnifi cent Jewels & Jadeite and Modern &   Ownership Interest  not imply that the lot is free from faults or
         specifi c scientifi c  species.                       Lots with this symbol indicate that Sotheby’s
                                   Contemporary Art – Evening Sale) and of   owns the lot in whole or in part or has an   imperfections. Please refer to Condition 3 of
                                   HK$2,000,000 or such higher amount as   economic interest in the lot equivalent to an   the Conditions of Business for Buyers printed
                                   may be determined by Sotheby’s (for any   ownership interest. If all lots in the catalogue   in this catalogue.
         IMPORTANT NOTICE          items in other categories), and any fi nancial   are lots in which Sotheby’s has an ownership
                                   references, guarantees and/or such other   interest, a Special Notice will be included to   Electrical and Mechanical Goods All
         Please note that all lots are sold subject   security as Sotheby’s may require in its   this eff ect and the triangle symbol will not be   electrical and mechanical goods are sold on
         to our Conditions of Business for Buyers   absolute discretion as security for the bid.  used.  the basis of their decorative value only and
         and  Authenticity Guarantee, which are   For any lots other than Premium Lots,   should not be assumed to be operative. It is
         set forth at the back of this catalogue and   regardless of the low pre-sale estimate for the    Irrevocable Bids  essential that prior to any intended use, the
         Conditions of Business for Sellers, which   lot, Sotheby’s reserves the right to request   Lots with this symbol indicate that a party   electrical system is checked and approved by
         are available from Sotheby’s offices on   from prospective bidders to complete the pre-  has provided Sotheby’s with an irrevocable   a qualifi ed electrician.
         request. Prospective bidders should review   registration application form and to deliver   bid on the lot that will be executed during
         the Conditions of Business,  Authenticity   to Sotheby’s a deposit of HK$1,000,000 or   the sale at a value that ensures that the lot   2. BIDDING IN THE SALE
         Guarantee and the Guide for Prospective   such higher amount as may be determined   will sell.  The irrevocable bidder, who may
         Buyers. Nevertheless, prospective buyers   by Sotheby’s (for any items of Chinese Works   bid in excess of the irrevocable bid, will be   Bidding at Auction Bids may be executed
         are reminded that all lots are sold as shown   of Art, Fine Chinese Paintings, Fine Classical   compensated based on the fi nal hammer   in person by paddle during the auction, in
                                   Chinese Paintings, Magnifi cent Jewels &
         and their attention is drawn to Condition   Jadeite and Modern & Contemporary Art –   price in the event he or she is not the   writing prior to the sale by telephone or by
                                                                                         now
         3 of Conditions of Business for Buyers   Evening Sale) and of HK$500,000 or such   successful bidder. If the irrevocable bidder   BID  .
         printed in this catalogue.                          is the successful bidder, he or she will be   Auction speeds vary, but average between 50
                                   other higher amount as maybe determined by   required to pay the full Buyer’s Premium   and 120 lots per hour. The bidding steps are
                                   Sotheby’s (for any items in other categories)   and will not be otherwise compensated. If   generally in increments of approximately 10%
         Ivory Some items in this sale contain ivory   and any fi nancial references, guarantees   the irrevocable bid is not secured until after   of the previous bid.
         which may be subject to export and import   and/or such other security as Sotheby’s may   the printing of the auction catalogue, a pre-  Please refer to Conditions 5 and 6 of the
         restrictions. In addition, African elephant ivory   require in its absolute discretion as security   lot announcement will be made indicating   Conditions of Business for Buyers printed in
         cannot be imported into the United States.   for the bid.  that there is an irrevocable bid on the lot.  If   this catalogue.
         Please refer to the Endangered Species              the irrevocable bidder is advising anyone
         section in the Buying at Auction guide printed   Pre-sale Estimates Pre-sale estimates are   with respect to the lot, Sotheby’s requires
         in the catalogue. Your attention is also drawn   intended as a guide for prospective buyers.   the irrevocable bidder to disclose his or her   Bidding in Person To bid in person, you will
         to Condition 10 of the Conditions of Business   Any bid between the high and low pre-sale   fi nancial interest in the lot.  If an agent is   need to register for and collect a numbered
         for Buyers.               estimates would, in our opinion, off er a chance   advising you or bidding on your behalf with   paddle before the auction begins. Proof
                                                                                       of identity will be required. If you have a
                                   of success. However, all lots can realise prices   respect to a lot identifi ed as being subject to   Sotheby’s Identifi cation Card, it will facilitate
                                   above or below the pre-sale estimates.  an irrevocable bid, you should request that   the registration process. If you wish to register
         GUIDE FOR PROSPECTIVE     It is advisable to consult us nearer the   the agent disclose whether or not he or she   to bid on a Premium Lot, please see the
         BUYERS                    time of sale as estimates can be subject   has a fi nancial interest in the lot.  paragraph above.
                                   to revision. The estimates printed in the           Should you be the successful buyer of a lot,
         Buying at Auction The following pages   auction catalogue do not include the buyer’s    Interested Parties  please ensure that your paddle can be seen by
         are designed to give you useful information   premium.  Lots with this symbol indicate that parties   the auctioneer and that it is your number that
         on how to buy at auction. Sotheby’s staff  as        with a direct or indirect interest in the lot   is called out. Should there be any doubts as to
         listed at the front of this catalogue will be   Symbol Key The following key explains the   may be bidding on the lot, including (i) the   price or buyer, please draw the auctioneer’s
         happy to assist you. However, it is important   symbols you may see inside this catalogue.  benefi ciary of an estate selling the lot, or   attention to it immediately.
         that you read the following information             (ii) the joint owner of a lot.  If the interested   All lots sold will be invoiced to the name
         carefully and note that Sotheby’s acts for    Premium Lots  party is the successful bidder, they will be   and address in which the paddle has been
         the seller; you should refer in particular to   In order to bid on “Premium Lots” (  in print   required to pay the full Buyer’s Premium.  In   registered and cannot be transferred to other
         Conditions 3 and 4 of the Conditions of   catalogue,    in eCatalogue), Sotheby’s may   certain instances, interested parties may have   names and addresses.
         Business for Buyers printed in this catalogue.  request from prospective bidders to complete   knowledge of the reserve.  In the event the   Please do not mislay your paddle; in the event
         Prospective bidders should also consult   the pre-registration application form and to   interested party’s possible participation in the   of loss, inform the Sales Clerk immediately. At
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