Page 198 - Christie's Irving Collection Lacquer Bronse jade and Ink March 2019

CONDITIONS OF SALE • BUYING AT CHRISTIE’S

CONDITIONS OF SALE 6 WITHDRAWAL 2 RETURNING BIDDERS 2 RESERVES
These Conditions of Sale and the Important Christie’s may, at its option, withdraw any lot from As described in paragraph B(1) above, we may Unless otherwise indicated, all lots are subject to a
Notices and Explanation of Cataloguing Practice auction at any time prior to or during the sale of the at our option ask you for current identification, a reserve. We identify lots that are offered without
set out the terms on which we offer the lots listed lot. Christie’s has no liability to you for any decision financial reference, or a deposit as a condition of reserve with the symbol • next to the lot number.
in this catalogue for sale. By registering to bid and/ to withdraw. allowing you to bid. If you have not bought anything The reserve cannot be more than the lot’s low
or by bidding at auction you agree to these terms, from any of our salerooms within the last two years estimate.
so you should read them carefully before doing so. 7 JEWELLERY or if you want to spend more than on previous
You will find a glossary at the end explaining the (a) Coloured gemstones (such as rubies, sapphires occasions, please contact our Credit Department 3 AUCTIONEER’S DISCRETION
meaning of the words and expressions coloured and emeralds) may have been treated to at +1 212-636-2490. The auctioneer can at his or her sole option:
in bold. improve their look, through methods such as (a) refuse any bid;
heating and oiling. These methods are accepted 3 IF YOU FAIL TO PROVIDE THE (b) move the bidding backwards or forwards in any
Unless we own a lot in whole or in part (Δ symbol), by the international jewellery trade but may RIGHT DOCUMENTS way he or she may decide, or change the order
Christie’s acts as agent for the seller. make the gemstone less strong and/or require If in our opinion you do not satisfy our bidder of the lots;
special care over time. identification and registration procedures (c) withdraw any lot;
A BEFORE THE SALE (b) All types of gemstones may have been including, but not limited to completing any anti- (d) divide any lot or combine any two or more lots;
1 DESCRIPTION OF LOTS improved by some method. You may request a money laundering and/or anti-terrorism financing (e) reopen or continue the bidding even after the
(a) Certain words used in the catalogue description gemmological report for any item which does checks we may require to our satisfaction, we may hammer has fallen; and
have special meanings. You can find details of not have a report if the request is made to us at refuse to register you to bid, and if you make a (f) in the case of error or dispute related to bidding
these on the page headed “Important Notices least three weeks before the date of the auction successful bid, we may cancel the contract for sale and whether during or after the auction,
and Explanation of Cataloguing Practice” which and you pay the fee for the report. between you and the seller. continue the bidding, determine the successful
forms part of these terms. You can find a key (c) We do not obtain a gemmological report bidder, cancel the sale of the lot, or reoffer and
to the Symbols found next to certain catalogue for every gemstone sold in our auctions. 4 BIDDING ON BEHALF OF resell any lot. If you believe that the auctioneer
entries under the section of the catalogue called Where we do get gemmological reports ANOTHER PERSON has accepted the successful bid in error, you
“Symbols Used in this Catalogue”. from internationally accepted gemmological If you are bidding on behalf of another person, must provide a written notice detailing your
(b) Our description of any lot in the catalogue, laboratories, such reports will be described that person will need to complete the registration claim within 3 business days of the date of
any condition report and any other statement in the catalogue. Reports from American requirements above before you can bid, and supply the auction. The auctioneer will consider
made by us (whether orally or in writing) about gemmological laboratories will describe any a signed letter authorising you to bid for him/ such claim in good faith. If the auctioneer,
any lot, including about its nature or condition, improvement or treatment to the gemstone. her. A bidder accepts personal liability to pay the in the exercise of his or her discretion under
artist, period, materials, approximate Reports from European gemmological purchase price and all other sums due unless it this paragraph, decides after the auction
dimensions, or provenance are our opinion laboratories will describe any improvement or has been agreed in writing with Christie’s, before is complete, to cancel the sale of a lot, or
and not to be relied upon as a statement of treatment only if we request that they do so, but commencement of the auction, that the bidder is reoffer and resell a lot, he or she will notify the
fact. We do not carry out in-depth research of will confirm when no improvement or treatment acting as an agent on behalf of a named third party successful bidder no later than by the end of
the sort carried out by professional historians has been made. Because of differences in acceptable to Christie’s and that Christie’s will only the 7th calendar day following the date of the
and scholars. All dimensions and weights are approach and technology, laboratories may seek payment from the named third party. auction. The auctioneer’s decision in exercise
approximate only. not agree whether a particular gemstone of this discretion is final. This paragraph does
has been treated, the amount of treatment, 5 BIDDING IN PERSON not in any way prejudice Christie’s ability
or whether treatment is permanent. The
2 OUR RESPONSIBILITY FOR OUR If you wish to bid in the saleroom you must register to cancel the sale of a lot under any other
DESCRIPTION OF LOTS gemmological laboratories will only report on for a numbered bidding paddle at least 30 minutes applicable provision of these Conditions of Sale,
We do not provide any guarantee in relation to the improvements or treatments known to the before the auction. You may register online at including the rights of cancellation set forth in
laboratories at the date of the report.
the nature of a lot apart from our authenticity (d) For jewellery sales, estimates are based on the www.christies.com or in person. For help, sections B(3), E(2)(i), F(4), and J(1).
warranty contained in paragraph E2 and to the information in any gemmological report. If no please contact the Credit Department on
extent provided in paragraph I below. +1 212-636-2490. 4 BIDDING
report is available, assume that the gemstones
may have been treated or enhanced. The auctioneer accepts bids from:
3 CONDITION 6 BIDDING SERVICES (a) bidders in the saleroom;
(a) The condition of lots sold in our auctions can 8 WATCHES & CLOCKS The bidding services described below are a free (b) telephone bidders;
vary widely due to factors such as age, previous service offered as a convenience to our clients and (c) internet bidders through ‘Christie’s LIVE™
damage, restoration, repair and wear and tear. (a) Almost all clocks and watches are repaired in Christie’s is not responsible for any error (human (as shown above in paragraph B6); and
Their nature means that they will rarely be in their lifetime and may include parts which are or otherwise), omission, or breakdown in providing (d) written bids (also known as absentee bids or
not original. We do not give a warranty that
perfect condition. Lots are sold “as is,” in any individual component part of any watch these services. commission bids) left with us by a bidder before
the condition they are in at the time of the is authentic. Watchbands described as (a) Phone Bids the auction.
sale, without any representation or warranty “associated” are not part of the original watch Your request for this service must be made
or assumption of liability of any kind as to and may not be authentic. Clocks may be sold no later than 24 hours prior to the auction. 5 BIDDING ON BEHALF OF THE SELLER
condition by Christie’s or by the seller. without pendulums, weights or keys. We will accept bids by telephone for lots The auctioneer may, at his or her sole option,
(b) Any reference to condition in a catalogue entry (b) As collectors’ watches often have very fine and only if our staff are available to take the bids. bid on behalf of the seller up to but not including
or in a condition report will not amount to a full complex mechanisms, you are responsible If you need to bid in a language other than in the amount of the reserve either by making
description of condition, and images may not for any general service, change of battery, or English, you must arrange this well before the consecutive bids or by making bids in response
show a lot clearly. Colours and shades may look further repair work that may be necessary. auction. We may record telephone bids. By to other bidders. The auctioneer will not identify
different in print or on screen to how they look We do not give a warranty that any watch bidding on the telephone, you are agreeing to these as bids made on behalf of the seller and will
on physical inspection. Condition reports may is in good working order. Certificates are not us recording your conversations. You also agree not make any bid on behalf of the seller at or above
be available to help you evaluate the condition available unless described in the catalogue. that your telephone bids are governed by these the reserve. If lots are offered without reserve,
of a lot. Condition reports are provided free (c) Most wristwatches have been opened to find Conditions of Sale. the auctioneer will generally decide to open the
of charge as a convenience to our buyers and out the type and quality of movement. For that (b) Internet Bids on Christie’s LIVE™ bidding at 50% of the low estimate for the lot. If
are for guidance only. They offer our opinion reason, wristwatches with water resistant cases For certain auctions we will accept bids no bid is made at that level, the auctioneer may
but they may not refer to all faults, inherent may not be waterproof and we recommend over the Internet. For more information, decide to go backwards at his or her sole option
defects, restoration, alteration or adaptation you have them checked by a competent please visit https://www.christies.com/ until a bid is made, and then continue up from that
because our staff are not professional restorers watchmaker before use.Important information buying-services/buying-guide/register- amount. In the event that there are no bids on a lot,
or conservators. For that reason condition about the sale, transport and shipping of and-bid/ As well as these Conditions of Sale, the auctioneer may deem such lot unsold.
reports are not an alternative to examining a watches and watchbands can be found in internet bids are governed by the Christie’s
lot in person or seeking your own professional paragraph H2(f). LIVE™ Terms of Use which are available on is 6 BID INCREMENTS
advice. It is your responsibility to ensure that https://www.christies.com/LiveBidding/ Bidding generally starts below the low estimate
you have requested, received and considered B REGISTERING TO BID OnlineTermsOfUse. and increases in steps (bid increments). The
any condition report. (c) Written Bids auctioneer will decide at his or her sole option
1 NEW BIDDERS You can find a Written Bid Form at the back of where the bidding should start and the bid
(a) If this is your first time bidding at Christie’s or
4 VIEWING LOTS PRE-AUCTION you are a returning bidder who has not bought our catalogues, at any Christie’s office, or by increments. The usual bid increments are shown
(a) If you are planning to bid on a lot, you anything from any of our salerooms within choosing the sale and viewing the lots online for guidance only on the Written Bid Form at the
should inspect it personally or through a the last two years you must register at least at www.christies.com. We must receive your back of this catalogue.
knowledgeable representative before you 48 hours before an auction begins to give us completed Written Bid Form at least 24 hours
make a bid to make sure that you accept the enough time to process and approve your before the auction. Bids must be placed in the 7 CURRENCY CONVERTER
description and its condition. We recommend registration. We may, at our option, decline to currency of the saleroom. The auctioneer will The saleroom video screens (and Christies LIVE™)
you get your own advice from a restorer or other permit you to register as a bidder. You will be take reasonable steps to carry out written bids may show bids in some other major currencies as
professional adviser. asked for the following: at the lowest possible price, taking into account well as US dollars. Any conversion is for guidance
(b) Pre-auction viewings are open to the public free (i) for individuals: Photo identification (driver’s the reserve. If you make a written bid on a lot only and we cannot be bound by any rate of
of charge. Our specialists may be available to licence, national identity card, or passport) which does not have a reserve and there is no exchange used. Christie’s is not responsible for any
answer questions at pre-auction viewings or by and, if not shown on the ID document, proof higher bid than yours, we will bid on your behalf error (human or otherwise), omission or breakdown
appointment. at around 50% of the low estimate or, if lower, in providing these services.
of your current address (for example, a the amount of your bid. If we receive written
current utility bill or bank statement); 8 SUCCESSFUL BIDS
5 ESTIMATES (ii) for corporate clients: Your Certificate of bids on a lot for identical amounts, and at the
Estimates are based on the condition, rarity, Incorporation or equivalent document(s) auction these are the highest bids on the lot, we Unless the auctioneer decides to use his or her
quality and provenance of the lots and on showing your name and registered address will sell the lot to the bidder whose written bid discretion as set out in paragraph C3 above,
prices recently paid at auction for similar property. together with documentary proof of directors we received first. when the auctioneer’s hammer strikes, we have
Estimates can change. Neither you, nor anyone and beneficial owners; and accepted the last bid. This means a contract for
sale has been formed between the seller and the
else, may rely on any estimates as a prediction (iii) for trusts, partnerships, offshore companies C CONDUCTING THE SALE successful bidder. We will issue an invoice only
or guarantee of the actual selling price of a lot or and other business structures, please 1 WHO CAN ENTER THE AUCTION to the registered bidder who made the successful
its value for any other purpose. Estimates do not contact us in advance to discuss our We may, at our option, refuse admission to our bid. While we send out invoices by mail and/
include the buyer’s premium or any applicable requirements. premises or decline to permit participation in any or email after the auction, we do not accept
taxes. (b) We may also ask you to give us a financial auction or to reject any bid. responsibility for telling you whether or not your
reference and/or a deposit as a condition of bid was successful. If you have bid by written bid,
allowing you to bid. For help, please contact our you should contact us by telephone or in person
Credit Department at +1 212-636-2490.
as soon as possible after the auction to get details
of the outcome of your bid to avoid having to pay
unnecessary storage charges.
196 P A R T I