Page 95 - Sotheby's Imperial Chiense Porcelain Nov 4 2020 London

HOW TO BID
1. BROWSE
Go to sothebys.com or the
Sotheby’s app to find works
you are interested in.
FOR ASSISTANCE WITH REGISTRATION AND BIDDING
Enquiries@sothebys.com
US +1 212 606 7000 UK +44 (0) 20 7293 5000
sothebys.com/bidonline FOLLOW US @SOTHEBYS
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BUYING AT AUCTION Online bids are made subject to the Additional Auction speeds vary, but average between 50
Terms and Conditions for Online Bidding, which and 120 lots per hour. The bidding steps are
The following is intended to give you useful are published below and can also be viewed generally in increments of approximately 10% of
information on how to buy at auction. All at sothebys.com, as well as the Conditions of the previous bid.
bidders should read the following information Business applicable to the sale. Online bidding Please refer to Conditions 5 and 6 of the
carefully and note that Sotheby’s act for the may not be available for Premium Lots.
seller. Bidders’ attention is specifically drawn Conditions of Business for Buyers published
to Conditions 3 and 4, which require them Pre-sale Estimates Pre-sale estimates are below.
intended as a guide for prospective buyers. Any
to investigate lots prior to bidding and which bid between the high and low pre-sale estimates Bidders using an Online Platform are subject to
contain specific limitations and exclusions of the Additional Terms and Conditions for Online
the legal liability of Sotheby’s and sellers. The would, in our opinion, offer a chance of success. Bidding, which are published below and can
limitations and exclusions relating to Sotheby’s However, lots can realise prices above or below also be viewed at sothebys.com, as well as the
the pre-sale estimates. It is advisable to consult
are consistent with its role as auctioneer of us nearer the time of sale as estimates can be Conditions of Business applicable to the sale.
large quantities of goods of a wide variety and Online bidding may not be available for Premium
bidders should pay particular attention to these subject to revision. The estimates do not include Lots.
Conditions. Prospective bidders should also the buyer’s premium, overhead premium, any Bidding in Person If you would like to bid in
applicable Artist’s Resale Right levy or VAT.
consult www.sothebys.com for the most up to
date cataloguing of the property. Pre-sale Estimates in US Dollars and Euros person at the live auction, you may register for
Although the sale is conducted in pounds a paddle prior to the start of the live auction
Buyer’s Premium and Overhead Premium sterling, the pre-sale estimates in some cases through an Online Platform or by contacting
A buyer’s premium and overhead premium will are also published in US dollars and/or Euros. the Bids Department. Alternatively, you
be added to the hammer price and are payable may register for a paddle upon entering the
by the buyer as part of the total purchase price. The rate of exchange is the rate at the time of saleroom. Proof of identity will be required. If you
publication of this guide. Therefore, you should
The buyer’s premium is 25% of the hammer treat the estimates in US dollars or Euros as a are a first-time bidder, you will also be asked for
your address, phone number, email address and
price up to and including £300,000; 20% guide only.
on any amount in excess of £300,000 up to signature in order to create your account. If you
and including £3,000,000; and 13.9% on any Condition of Lots Prospective buyers are have a Sotheby’s Client Card, it will facilitate the
encouraged to inspect the property at the
registration process.
remaining amount in excess of £3,000,000. pre-sale exhibition. Solely as a convenience,
The overhead premium, which covers an Should you be the successful buyer of a lot,
allocation of Sotheby’s overhead costs relating Sotheby’s may also provide condition reports. please ensure that your paddle can be seen by
to our facilities, property handling and other The absence of reference to the condition of a the auctioneer and that it is your number that
lot in the catalogue description does not imply
administrative expenses, is 1% of the hammer that the lot is free from faults or imperfections. is called out. Should there be any doubts as to
price. price or buyer, please draw the auctioneer’s
Please refer to Condition 3 of the Conditions of
These rates are exclusive of any applicable VAT. Business for Buyers below. attention to it immediately.
All lots sold will be invoiced to the name and
1. BEFORE THE AUCTION Electrical and Mechanical Goods All electrical
and mechanical goods are sold on the basis address in which the paddle has been registered
Catalogue Subscriptions If you would like to of their artistic and decorative value only, and and cannot be transferred to other names and
take out a catalogue subscription, please ring should not be assumed to be operative. It is addresses.
+44 (0)20 7293 5000.
essential that prior to any intended use, the Please do not mislay your paddle; in the event of
Bidding in advance of the live auction Certain electrical system is checked and approved by a loss, inform the Sales Clerk immediately. At the
auctions have a period of online bidding followed qualified electrician. end of the sale, please return your paddle to the
by a live auction. In such cases, if you are unable Provenance In certain circumstances, Sotheby’s registration desk.
to attend the live auction in person and wish to
place bids, or simply wish to bid in advance of the may publish the history of ownership of an item Telephone Bids In some circumstances, we
offer the ability to place bids by telephone live
of property if such information contributes to
live auction, you may do so on sothebys.com or scholarship or is otherwise well known and to a Sotheby’s representative on the auction
via the Sotheby’s App (each an “Online Platform” assists in distinguishing the item of property.
and together, the “Online Platforms”). In order floor. If bidding by telephone, we suggest that
to do so, you must register an account with However, the identity of the seller or previous you leave a maximum bid which we can execute
owners may not be disclosed for a variety of
on your behalf in the event we are unable to
2. REGISTER 3. BID Sotheby’s and provide the requested information. reasons. For example, such information may be reach you. Please see sothebys.com or contact
Once you have done so, navigate to your desired excluded to accommodate a seller’s request for
lot and click the “Place Bid” button to start the the Bid Department prior to the sale to make
Sign up to place bids. Bid before and during the auction, process. You may bid at or above the starting bid confidentiality or because the identity of prior arrangements or to answer any questions you
from anywhere in the world. displayed on the Online Platforms. Please note owners is unknown given the age of the item of may have. Telephone bids are accepted only at
that Sotheby’s reserves the right to amend the property. Sotheby’s discretion and at the caller’s risk. Calls
starting bid prior to the start of the live auction. 2. DURING THE LIVE AUCTION may also be recorded at Sotheby’s discretion.
You may also input your maximum bid which, Conditions of Business Sotheby’s auctions By bidding on the telephone, prospective buyers
consent thereto.
upon confirmation, will be executed automatically are governed by the Conditions of Business
up to this predefined maximum value, in Absentee Bidding For some sales (other than
response to other bids, including bids placed and Authenticity Guarantee. These apply to all where the option to submit an Advance Bid (as
by Sotheby’s on behalf of the seller, up to the aspects of the relationship between Sotheby’s defined below) is enabled and a current bid
and actual and prospective bidders and buyers.
amount of the reserve (if applicable). The current Anyone considering bidding in a Sotheby’s is visible on the Online Platforms), if you are
leading bid will be visible to all bidders; the value unable to attend the live auction in person, you
and status of your maximum bid will be visible auction should read them carefully. They may may place your maximum bid prior to the start
only to you. If the status of your bid changes, be amended by way of notices posted in the of the live auction on an Online Platform or by
saleroom or by way of announcement made by
you will receive notifications via email and push the auctioneer. Online bids are made subject submitting your maximum bid in writing to the
(if you have enabled push notifications on your Bids Department. When the lot that you are
device) prior to the start of the live auction. You to the Conditions of Business applicable to the interested in comes up for sale, the auctioneer
may raise your maximum bid at any time in sale and the Additional Terms and Conditions for will execute the bid on your behalf, making every
advance of the live auction. Please note that in Online Bidding, which are published below and effort to purchase the lot for as little as possible
can also be viewed at sothebys.com.
HK +852 2822 8142 certain circumstances clients who have been Bidding at the Live Auction Following any and never exceeding your limit. Please place
outbid may be reinstated as the leading bidder
your bids as early as possible, as in the event of
08/20 NBS_LIVE AUCTION and will receive notification via email or push (if applicable online bidding period, bids may be identical absentee bids the earliest received will
enabled on your device). Please refer further
take precedence. Bids should be submitted at
executed during the live auction in person, on
to the “DURING THE AUCTION section below.
least twenty-four hours before the auction. This
the telephone or online via an Online Platform.
service is free and confidential.
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