Page 50 - Emil Hultmark Collection Chinese art, Hong Kong Sotheby's .pdf

GLOSSARY FOR CHINESE WORKS the seller; you should refer in particular to
NOTES
Symbol Key The following key explains the
 Interested Parties
OF ART Conditions 3 and 4 of the Conditions of symbols you may see inside this catalogue. Lots with this symbol indicate that parties
Business for Buyers printed in this catalogue. with a direct or indirect interest in the lot
The following are examples of the Prospective bidders should also consult Premium Lots may be bidding on the lot, including (i) the
terminology used in this catalogue. Please www.sothebys.com for the most up to date In order to bid on “Premium Lots” ( in print benefi ciary of an estate selling the lot, or
note that all statements are made subject cataloguing of the property in this catalogue. catalogue, in eCatalogue), Sotheby’s may (ii) the joint owner of a lot. If the interested
to the provisions of the Conditions of request from prospective bidders to complete party is the successful bidder, they will be
Business and Authenticity Guarantee. Provenance In certain circumstances, the pre-registration application form and to required to pay the full Buyer’s Premium. In
Sotheby’s may print in the catalogue the deliver to Sotheby’s a deposit of certain instances, interested parties may have
history of ownership of a work of art if such HK$5,000,000 or such other higher amount knowledge of the reserve. In the event the
1. When a piece is in our opinion of a certain information contributes to scholarship interested party’s possible participation in the
period, reign or dynasty, this attribution or is otherwise well known and assists in as may be determined by Sotheby’s (for any sale is not known until after the printing of the
appears in bold type, directly below the distinguishing the work of art. However, the items of Chinese Works of Art, Fine Chinese auction catalogue, a pre-lot announcement
heading of the catalogue entry for every lot Paintings, Fine Classical Chinese Paintings,
identity of the seller or previous owners may Magnifi cent Jewels & Jadeite and Modern & will be made indicating that interested parties
e.g. A blue and white dish in our not be disclosed for a variety of reasons. For Contemporary Art – Evening Sale) and of may be bidding on the lot.
opinion of the Jiajing period of the example, such information may be excluded HK$2,000,000 or such other higher amount
Ming dynasty is catalogued as: to accommodate a seller’s request for as may be determined by Sotheby’s (for any □ No Reserve
A Blue and White Dish, Ming Dynasty, confi dentiality or because the identity of prior items in other categories), and any fi nancial Unless indicated by a box (□), all lots in this
Jiajing period owners is unknown given the age of the work references, guarantees and/or such other catalogue are off ered subject to a reserve.
of art. security as Sotheby’s may require in its A reserve is the confi dential hammer price
2. No fi rm attribution to a period is intended absolute discretion as security for the bid. If all established between Sotheby’s and the
by any work in a description not confi rmed by Buyer’s Premium A buyer’s premium will be lots in the catalogue are “Premium Lots”, a seller and below which a lot will not be sold.
an attribution in bold type after the heading of added to the hammer price and is payable by Special Notice will be included to this eff ect The reserve is generally set at a percentage
the lot. the buyer as part of the total purchase price. and this symbol will not be used. of the low estimate and will not exceed the
The buyer’s premium is 25% of the hammer low estimate for the lot. If any lots in the
3. Where attribution is given in the heading price up to and including HK$2,400,000, 20% catalogue are off ered without a reserve, these
for a lot and there is more than one piece of any amount in excess of HK$2,400,000 up  Guaranteed Property lots are indicated by a box (□). If all lots in
in the lot, all the pieces in the lot belong to and including HK$31,000,000, and 12.9% The seller of lots with this symbol has the catalogue are off ered without a reserve,
in our opinion to the period in bold unless of any amount in excess of HK$31,000,000. been guaranteed a minimum price from a Special Notice will be included to this eff ect
specifi cally stated to be otherwise. one auction or a series of auctions. This and the box symbol will not be used.
guarantee may be provided by Sotheby’s, by
1. BEFORE THE AUCTION
4. Where no attribution is given to a piece, it a third party or jointly by Sotheby’s and a third
is of doubtful period in our opinion or of 19th Catalogue Subscriptions If you would like party. A guarantee may be in the form of an ◉ Restricted Materials
Lots with this symbol have been identifi ed at
or 20th century date. to take out a catalogue subscription, please irrevocable bid provided the time of cataloguing as containing organic
by a third party. Third parties providing or
ring (852) 2822 8142. material which may be subject to restrictions
5. With respect to Asian hardwoods, the participating in a guarantee may benefi t regarding import or export. The information
terms ‘Huanghuali’, ‘Huali’ ‘Hongmu’ ‘Zitan’ Deposit If you wish to bid on ( ) lots in the fi nancially if a guaranteed lot is sold is made available for the convenience of
and others appearing within single quotes printed catalogue and ( ) lots in the successfully and may incur a loss if the sale Buyers and the absence of the Symbol is
in bold or capital letters in the heading eCatalogue, you may be requested by is not successful. If every lot in a catalogue not a warranty that there are no restrictions
are descriptive identifi cations based on Sotheby’s to deliver to Sotheby’s a deposit of is guaranteed, the Important Notices in the regarding import or export of the Lot; Bidders
appearance, and are not intended to denote a HK$5,000,000 or such other higher amount sale catalogue will so state and this symbol should refer to Condition 10 of the Conditions
specifi c scientifi c species. will not be used for each lot. If a third party
as may be determined by Sotheby’s (for any providing or participating in a guarantee is of Business for Buyers. Please also refer to
items of Chinese Works of Art, Fine Chinese the successful bidder for the guaranteed lot, the section on Endangered Species in the
Paintings, Fine Classical Chinese Paintings, they will be required to pay the full Buyer’s information on Buying at Auction.
IMPORTANT NOTICE Magnifi cent Jewels & Jadeite and Modern & Premium.
Contemporary Art – Evening Sale) and of Condition of Lots Prospective buyers are
Please note that all lots are sold subject HK$2,000,000 or such higher amount as encouraged to inspect the property at the
to our Conditions of Business for Buyers may be determined by Sotheby’s (for any  Property in which Sotheby’s has an pre-sale exhibitions. Solely as a convenience,
Ownership Interest
and Authenticity Guarantee, which are items in other categories), and any fi nancial Lots with this symbol indicate that Sotheby’s Sotheby’s may provide condition reports.
set forth at the back of this catalogue and references, guarantees and/or such other owns the lot in whole or in part or has an The absence of reference to the condition
Conditions of Business for Sellers, which security as Sotheby’s may require in its economic interest in the lot equivalent to an of a lot in the catalogue description does
are available from Sotheby’s offices on absolute discretion as security for the bid. ownership interest. If all lots in the catalogue not imply that the lot is free from faults or
request. Prospective bidders should review For any lots other than Premium Lots, are lots in which Sotheby’s has an ownership imperfections. Please refer to Condition 3 of
the Conditions of Business, Authenticity regardless of the low pre-sale estimate for the interest, a Special Notice will be included to the Conditions of Business for Buyers printed
Guarantee and the Guide for Prospective lot, Sotheby’s reserves the right to request this eff ect and the triangle symbol will not be in this catalogue.
Buyers. Nevertheless, prospective buyers from prospective bidders to complete the pre- used.
are reminded that all lots are sold as shown registration application form and to deliver Electrical and Mechanical Goods All
to Sotheby’s a deposit of HK$1,000,000 or
and their attention is drawn to Condition such higher amount as may be determined  Irrevocable Bids electrical and mechanical goods are sold on
3 of Conditions of Business for Buyers by Sotheby’s (for any items of Chinese Works Lots with this symbol indicate that a party the basis of their decorative value only and
printed in this catalogue. has provided Sotheby’s with an irrevocable should not be assumed to be operative. It is
of Art, Fine Chinese Paintings, Fine Classical bid on the lot that will be executed during essential that prior to any intended use, the
Chinese Paintings, Magnifi cent Jewels & electrical system is checked and approved by
Ivory Some items in this sale contain ivory Jadeite and Modern & Contemporary Art – the sale at a value that ensures that the lot a qualifi ed electrician.
which may be subject to export and import Evening Sale) and of HK$500,000 or such will sell. The irrevocable bidder, who may
restrictions. In addition, African elephant ivory other higher amount as maybe determined by bid in excess of the irrevocable bid, will be 2. BIDDING IN THE SALE
cannot be imported into the United States. Sotheby’s (for any items in other categories) compensated based on the fi nal hammer
Please refer to the Endangered Species and any fi nancial references, guarantees price in the event he or she is not the
section in the Buying at Auction guide printed and/or such other security as Sotheby’s may successful bidder. If the irrevocable bidder Bidding at Auction Bids may be executed
in the catalogue. Your attention is also drawn require in its absolute discretion as security is the successful bidder, he or she will be in person by paddle during the auction, in
to Condition 10 of the Conditions of Business for the bid. required to pay the full Buyer’s Premium writing prior to the sale by telephone or by
now
for Buyers. and will not be otherwise compensated. If BID .
the irrevocable bid is not secured until after Auction speeds vary, but average between 50
Pre-sale Estimates Pre-sale estimates are and 120 lots per hour. The bidding steps are
GUIDE FOR PROSPECTIVE intended as a guide for prospective buyers. the printing of the auction catalogue, a pre- generally in increments of approximately 10%
BUYERS Any bid between the high and low pre-sale lot announcement will be made indicating of the previous bid.
that there is an irrevocable bid on the lot. If
estimates would, in our opinion, off er a chance Please refer to Conditions 5 and 6 of the
Buying at Auction The following pages of success. However, all lots can realise prices the irrevocable bidder is advising anyone Conditions of Business for Buyers printed in
are designed to give you useful information above or below the pre-sale estimates. with respect to the lot, Sotheby’s requires this catalogue.
the irrevocable bidder to disclose his or her
on how to buy at auction. Sotheby’s staff as It is advisable to consult us nearer the fi nancial interest in the lot. If an agent is
listed at the front of this catalogue will be time of sale as estimates can be subject advising you or bidding on your behalf with Bidding in Person To bid in person, you will
happy to assist you. However, it is important to revision. The estimates printed in the respect to a lot identifi ed as being subject to need to register for and collect a numbered
that you read the following information auction catalogue do not include the buyer’s an irrevocable bid, you should request that paddle before the auction begins. Proof
carefully and note that Sotheby’s acts for premium. the agent disclose whether or not he or she of identity will be required. If you have a
has a fi nancial interest in the lot.
CHINESE WORKS OF ART FROM THE COLLECTION OF EMIL HULTMARK