Page 96 - Sotheby's Imperial Chiense Porcelain Nov 4 2020 London

Advance Bidding For certain sales, bidders 3. AFTER THE AUCTION agreement, Sotheby’s may grant buyers it All shipments should be unpacked and UK Licence Thresholds △ Property in which Sotheby’s has an
may submit bids in advance of the live auction Invoices Successful bidders will receive an deems creditworthy the option of paying for checked on delivery and any discrepancies Ownership Interest
(“Advance Bid”) through an Online Platform, as invoice detailing their purchases and giving their purchases on an extended payment term notified immediately to the party identified Photographic positive or negative or Lots with this symbol indicate that Sotheby’s
any assemblage of such photographs
described above in “BEFORE THE AUCTION” instructions for payment and clearance of basis. Credit terms must be arranged prior to in your quotation and/or the accompanying owns the lot in whole or in part or has an
section or by submitting your maximum bid goods. the sale. In advance of determining whether to documentation. UK LICENCE THRESHOLD: £10,000 economic interest in the lot equivalent to an
in writing to the Bids Department. For these grant the extended payment terms, Sotheby’s ownership interest.
sales, if you submit an Advance Bid prior to Payment Payment is due immediately after the may require credit references and proof of Export The export of any lot from the UK or Textiles (excluding carpets and tapestries) ⋑ Irrevocable Bids
import into any other country may be subject
the live auction, the system will automatically sale and may be made by Sterling Wire Transfer identity and residence. to one or more export or import licences being UK LICENCE THRESHOLD: £12,000 Lots with this symbol indicate that a party
bid on your behalf up to and including your or Sterling Cheque. Payments by Sterling Cash Collection It is Sotheby’s policy to request granted. It is the buyer’s responsibility to obtain has provided Sotheby’s with an irrevocable
predetermined maximum Advance Bid in and by Credit/Debit Cards are also accepted British Historical Portraits
response to other bids and will alert you via subject to certain restrictions and/or surcharges proof of identity on collection of a lot. Lots any relevant export or import licence. The denial UK LICENCE THRESHOLD: £10,000 bid on the lot that will be executed during the
sale at a value that ensures that the lot will sell.
will be released to you or your authorised
of any licence required or delay in obtaining such
email and push notifications (if enabled on – please see below. representative when full and cleared payment licence cannot justify the cancellation of the The irrevocable bidder, who may bid in excess
your device). During the live auction, if your • It is against Sotheby’s general policy to accept has been received by Sotheby’s. If you are in sale or any delay in making payment of the total Sotheby’s recommends that you retain all of the irrevocable bid, may be compensated
Advance Bid remains as the leading bid, the import and export papers, including licences,
auctioneer will execute your bid on your behalf single or multiple related payments in the form doubt about the location of your purchases, amount due. Sotheby’s, upon request and for as in certain countries you may be required to for providing the irrevocable bid by receiving
a contingent fee, a fixed fee or both. If the
please contact the Sale Administrator prior to
an administrative fee, may apply for a licence to
of cash or cash equivalents in excess of the local
in response to other bids. You may also continue currency equivalent of US$10,000. arranging collection. Please note that items export your lot(s) outside the UK. produce them to governmental authorities. irrevocable bidder is the successful bidder, any
to bid during the live auction above your marked with a ‘W’ in the catalogue will be sent Endangered Species Items made of or contingent fee, fixed fee or both (as applicable)
predetermined maximum Advance Bid via an • It is Sotheby’s policy to request any new Sotheby’s, upon request and for an incorporating plant or animal material, such as
Online Platform using the Live Online Bidding clients or buyers preferring to make a cash to Sotheby’s Greenford Park Fine Art Storage administrative fee, may apply for a licence to coral, crocodile, ivory, whalebone, tortoiseshell, for providing the irrevocable bid may be netted
against the irrevocable bidder’s obligation to
Facility immediately following the sale and
method described below. payment to provide: proof of identity (by therefore buyers are requested to arrange early export your lot(s) outside the UK. etc., irrespective of age or value, may require a pay the full purchase price for the lot and the
providing some form of government issued licence or certificate prior to exportation and
Live Online Bidding If you cannot attend the collection of their goods as they will be subject • An EU Licence is necessary to export cultural purchase price reported for the lot shall be net
live auction, it may be possible to bid live online identification containing a photograph, such as to handling and storage charges after 30 days. goods subject to the EU Regulation on the require additional licences or certificates upon of any such fees. From time to time, Sotheby’s
a passport, identity card or driver’s licence) and
via an Online Platform . For information about confirmation of permanent address. Thank you Removal, storage and handling charges may export of cultural property (EEC No. 3911/92, importation to any country outside the EU. may enter into irrevocable bid agreements
registering to bid via an Online Platform please for your co-operation. be levied on uncollected lots. Please refer to Official Journal No. L395 of 31/12/92) from the Please note that the ability to obtain an export that cover multiple lots. In such instances, the
refer to sothebys.com. Condition 7 of the Conditions of Business for European Community. licence or certificate does not ensure the ability compensation Sotheby’s will pay the irrevocable
Cheques should be made payable to Sotheby’s. Buyers published below. to obtain an import licence or certificate in bidder is allocated to the lots for which the
Consecutive and Responsive Bidding The Although personal and company cheques drawn • A UK Licence is necessary to move cultural another country, and vice versa. For example, it irrevocable bidder is not the successful
auctioneer may open the bidding on any lot in pounds sterling on UK banks are accepted, Storage Storage and handling charges may goods valued at or above the relevant UK is illegal to import African elephant ivory into the purchaser. Under such circumstances, the
by placing a bid on behalf of the seller. The apply. For information concerning post sale Licence limits from the UK. United States and there are other restrictions total compensation to the irrevocable bidder
auctioneer may further bid on behalf of the you are advised that property will not be storage and charges, please see Sotheby’s For export outside the European Community, an on the importation of ivory into the US under will not exceed the total buyer’s premium,
released until such cheques have cleared unless
seller, up to the amount of the reserve, by you have a pre-arranged Cheque Acceptance Greenford Park, Storage and Collection EU Licence will be required for most items over certain US regulations which are designed overhead premium and other amounts paid to
placing consecutive or responsive bids for a lot. Facility. Forms to facilitate this are available from Information published below. Please refer to to protect wildlife conservation. Sotheby’s Sotheby’s in respect of any lots for which the
Please refer to Condition 6 of the Conditions of Condition 7 of the Conditions of Business for 50 years of age with a value of over £41,018. The suggests that buyers check with their irrevocable bidder is not the successful bidder.
Business for Buyers published below. the Post Sale Services Department. Buyers published below. following is a selection of categories of items for own government regarding wildlife import If the irrevocable bid is not secured until after
which other value limits apply and for which an
Bank transfers Our bank account details are requirements prior to placing a bid. It is the
Interested Parties Announcement In situations shown on our invoices. Please include your Purchases remaining at our New Bond Street EU Licence may be required. It is not exhaustive the printing of the auction catalogue, Sotheby’s
where a person who is allowed to bid on a lot premises 90 days after the sale may be and there are other restrictions. buyer’s responsibility to obtain any export or will notify bidders that there is an irrevocable
has a direct or indirect interest in such lot, such name, Sotheby’s account number and invoice transferred to Sotheby’s Greenford Park Fine Art EU Licence Thresholds Archaeological objects import licences and/or certificates as well as bid on the lot by one or more of the following
any other required documentation (please refer
number with your instructions to your bank.
as the beneficiary or executor of an estate Please note that we reserve the right to decline Storage (see Sotheby’s Greenford Park, Storage means: a pre-sale or pre-lot announcement,
selling the lot, a joint owner of the lot, or a party payments received from anyone other than and Collection information). All such transferred EU LICENCE THRESHOLD: ZERO to Condition 11 of the Conditions of Business by written notice at the auction or by including
providing or participating in a guarantee of the purchases will be subject to further storage and for Buyers published below). Please note that an irrevocable bid symbol in the e-catalogue
lot, Sotheby’s will make an announcement in the the buyer of record and that clearance of such handling charges from the point of transfer. Elements of artistic, historical or Sotheby’s is not able to assist buyers with the for the sale prior to the auction. From time to
payments will be required. Please contact our
shipment of any lots containing ivory and/
religious monuments
saleroom that interested parties may bid on the Post Sale Services Department if you have any Loss or Damage Buyers are reminded that time, Sotheby’s or any affiliated company may
lot. In certain instances, interested parties may questions concerning clearance. Sotheby’s accepts liability for loss or damage to EU LICENCE THRESHOLD: ZERO or other restricted materials into the US. A provide the irrevocable bidder with financing
have knowledge of the reserves. buyer’s inability to export or import these lots related to the irrevocable bid. If the irrevocable
Card payment Sotheby’s accepts payment by lots for a maximum period of thirty (30) days Manuscripts, documents and cannot justify a delay in payment or a sale’s bidder is advising anyone with respect to the
Employee Bidding Sotheby’s employees Visa, MasterCard, American Express and CUP after the date of the live auction. Please refer to archives (excluding printed matter) cancellation. lot, Sotheby’s requires the irrevocable bidder
may bid only if the employee does not know credit and debit cards. Card payments may not Condition 7 of the Conditions of Business for to disclose his or her financial interest in the lot.
the reserve and fully complies with Sotheby’s Buyers published below. EU LICENCE THRESHOLD: ZERO If an agent is advising you or bidding on your
internal rules governing employee bidding. exceed £30,000 per sale. All cards are accepted Architectural, scientific and engineering EXPLANATION OF SYMBOLS
in person at Sotheby’s premises at the address Shipping Sotheby’s offers a comprehensive behalf with respect to a lot identified as being
US Economic Sanctions The United States noted in the catalogue. With the exception of shipping service. Except if otherwise indicated drawings produced by hand The following key explains the symbols you subject to an irrevocable bid, you should request
maintains economic and trade sanctions CUP, card payments may also be made (a) in this Buying At Auction Guide, our Shipping EU LICENCE THRESHOLD: £13,271 may see beside the lots of property included in that the agent disclose whether or not he or she
against targeted foreign countries, groups and online at http://www.sothebys.com/en/invoice- Department can advise buyers on exporting and this sale. has a financial interest in the lot.
organisations. There may be restrictions on the payment.html; (b) via the Sotheby’s App; (c) shipping property, and arranging delivery. If you Photographic positive or negative or ○ Guaranteed Property ⊻ Interested Parties
import into the United States of certain items by calling Post Sale Services at +44 (0)20 7293 are bidding via an Online Platform, our shipping any assemblage of such photographs The seller of lots with this symbol has been Lots with this symbol indicate that parties with
originating in sanctioned countries, including 5220; or (d) in person at Sotheby’s premises calculator is available to help you determine EU LICENCE THRESHOLD: £13,217 guaranteed a minimum price from one auction a direct or indirect interest in the lot may be
Burma, Cuba, Iran, North Korea and Sudan. The in London. the delivery charges in relation to the item of or a series of auctions. This guarantee may be bidding on the lot, including (i) the beneficiary
purchaser’s inability to import any item into the We reserve the right to seek identification of property on which you wish to bid. Textiles (excluding carpets and tapestries) provided by Sotheby’s or jointly by Sotheby’s of an estate selling the lot, or (ii) the joint owner
US or any other country as a result of these or the source of funds received. For further assistance please contact: Post Sale EU LICENCE THRESHOLD: £44,236 and a third party. Sotheby’s and any third of a lot. If the interested party is the successful
other restrictions shall not justify cancellation or parties providing a guarantee jointly with bidder, they will be required to pay the full
rescission of the sale or any delay in payment. New Clients If you have opened a new account Services (Mon-Fri 9am to 5pm) Tel +44 (0)20 Paintings in oil or tempera Sotheby’s benefit financially if a guaranteed lot buyer’s premium and overhead premium. In
7293 5220 Fax +44 (0)20 7293 5910 Email:
Please check with the specialist department if with Sotheby’s since 1 December 2002, ukpostsaleservices@sothebys.com EU LICENCE THRESHOLD: £132,708 is sold successfully and may incur a loss if the certain instances, interested parties may have
you are uncertain as to whether a lot is subject and have not already provided appropriate sale is not successful. A third party providing a knowledge of the reserve. In the event the
to these import restrictions, or any other identification, you will be asked to present We will send you a quotation for shipping your Watercolours, gouaches and pastels guarantee jointly with Sotheby’s may provide interested party’s possible participation in the
restrictions on importation or exportation. documentation confirming your identity before purchase(s). Transit risk insurance may also EU LICENCE THRESHOLD: £26,542 an irrevocable bid, or otherwise bid, on the sale is not known until after the printing of the
your property or sale proceeds can be released be included in your quotation. If the quotation
Currency Board As a courtesy to bidders, a to you. We may also contact you to request a is accepted, we will arrange the shipping for Prints, Engravings, Drawings and Mosaics guaranteed property. If the Guaranteed Property auction catalogue, a pre-lot announcement will
currency board is operated in many salerooms. symbol for a lot is not included in the printing be made indicating that interested parties may
It displays the lot number and current bid in bank reference. Please provide government you and will despatch the property as soon as EU LICENCE THRESHOLD: £13,271 of the auction catalogue, a pre-sale or pre-lot be bidding on the lot.
issued photographic identification such as a
possible after receiving your written agreement
both pound sterling and foreign currencies. passport, identity card or driver’s licence and to the terms of the quotation, financial release of There are separate thresholds for exporting announcement will be made indicating that (□) No Reserve
Exchange rates are approximations based on confirm your permanent address. the property and receipt of any export licence or within the European Community. A UK Licence there is a guarantee on the lot. If every lot in a Unless indicated by a box (﹤), all lots included
recent exchange rate information and should will be required for most items over 50 years catalogue is -guaranteed, the Important Notices in this sale are offered subject to a reserve.
not be relied upon as a precise invoice amount. The Conditions of Business require buyers to certificates that may be required. Despatch will of age with a value of over £65,000. Some in the sale catalogue will so state and this A reserve is the confidential hammer price
be arranged at the buyer’s expense. Sotheby’s
Sotheby’s assumes no responsibility for any error pay immediately for their purchases. However, may charge an administrative fee for arranging exceptions are listed below:- symbol will not be used for each lot. established between Sotheby’s and the seller
or omission in the currency amounts shown. in limited circumstances and with the seller’s
the despatch. and below which a lot will not be sold. The
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