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IMPORTANT NOTICE Bidding in advance of the Live Auction contributes to scholarship or is otherwise well at Sotheby’s discretion. By bidding on the Bidding, which are published below and can also
Certain auctions have a period of online bidding known and assists in distinguishing the item telephone, prospective buyers consent thereto. be viewed at sothebys.com.
Please note that all lots are sold subject to BUYING AT AUCTION followed by a live auction. In such cases, if you of property. However, the identity of the seller Please refer to Condition 5 of the Conditions of
our Conditions of Business for Buyers and Please note that this guide to Buying at Auction are unable to attend the live auction in person or previous owners may not be disclosed Business for Buyers published below. Interested Parties Announcement In
Authenticity Guarantee, which are set forth at and the subsequent Conditions of Business and wish to place bids, or simply wish to bid in for a variety of reasons. For example, such situations where a person who is allowed to bid
the back of this catalogue and Conditions of advance of the live auction, you may do so on information may be excluded to accommodate Absentee Bids For some sales (other than on a lot has a direct or indirect interest in such
Business for Sellers, which are available from for Buyers are up to date as of the time of sothebys.com or via the Sotheby’s App (each a seller’s request for confidentiality or because where the option to Advance Bid (as defined lot, such as the beneficiary or executor of an
Sotheby’s offices on request. Prospective publication of this catalogue and are subject to an “Online Platform” and together, the “Online the identity of prior owners is unknown given below) is enabled and a current bid is visible estate selling the lot, a joint owner of the lot, or a
change. We therefore advise that you consult
bidders should review the Conditions of the sale page on sothebys.com shortly before Platforms”). In order to do so, you must register the age of the item of property. on the Online Platforms), if you are unable to party providing or participating in a guarantee of
Business, Authenticity Guarantee and the an account with Sotheby’s and provide the attend the live auction in person, you may place the lot, Sotheby’s will make an announcement
Guide for Prospective Buyers. Nevertheless, the auction for any updates. requested information. Once you have done so, 2. BIDDING IN THE SALE your maximum bid prior to the start of the live in the sale room that interested parties may bid
prospective buyers are reminded that all lots are Buying at Auction The following pages are navigate to your desired lot and click the “Place Bidding at the Live Auction Following any auction on an Online Platform or by submitting on the lot. In certain circumstances, interested
sold as shown and their attention is drawn to designed to give you useful information on Bid” button to start the process. You may bid applicable online bidding period, bids may be your maximum bid in writing to Sotheby’s. parties may have knowledge of the reserves.
Condition 3 of Conditions of Business for Buyers how to buy at auction. Sotheby’s staff as listed at or above the starting bid displayed on the executed during the live auction in person, on When the lot that you are interested in comes US Economic Sanctions The United States
printed in this catalogue. at the front of this catalogue will be happy to Online Platforms. Please note that Sotheby’s the telephone or online via an Online Platform. up for sale, the auctioneer will execute the bid on maintains economic and trade sanctions
assist you. However, it is important that you your behalf, making every effort to purchase the
Ivory Some items in this sale contain ivory read the following information carefully and note reserves the right to amend the starting bid Auction speeds vary, but average between 50 lot for as little as possible and never exceeding against targeted foreign countries, groups and
which may be subject to export and import prior to the start of the live auction. You may and 120 lots per hour. The bidding steps are your limit. This service is free and confidential. organisations. There may be restrictions on the
restrictions. In addition, African elephant ivory that Sotheby’s acts for the seller; you should also input your maximum bid which, upon generally in increments of approximately 10% import into the United States of certain items
cannot be imported into the United States. refer in particular to Conditions 3 and 4 of the confirmation, will be executed automatically up of the previous bid. Advance Bidding For certain sales, bidders originating in sanctioned countries, including
Conditions of Business for Buyers printed in this
Please refer to the Endangered Species section catalogue. to this predefined maximum value, in response Please refer to Conditions 5 and 6 of the may submit bids in advance of the live auction Burma, Cuba, Iran, North Korea and Sudan. The
in the Buying at Auction guide printed in the to other bids, including bids placed by Sotheby’s Conditions of Business for Buyers published (“Advance Bid”) through an Online Platform, purchaser’s inability to import any item into the
catalogue. Your attention is also drawn to Prospective bidders should also consult on behalf of the seller, up to the amount of the below. as described above or by submitting your US or any other country as a result of these or
Condition 10 of the Conditions of Business for www.sothebys.com for the most up to date reserve (if applicable). The current leading maximum bid in writing to Sotheby’s. For these other restrictions shall not justify cancellation or
Buyers. cataloguing of the property in this catalogue. bid will be visible to all bidders; the value and Bidders using an Online Platform are subject sales, if you submit an Advance Bid prior to rescission of the sale or any delay in payment.
status of your maximum bid will be visible only to the Additional Terms and Conditions for the live auction, the system will automatically Please check with the specialist department if
重要通知 Buyer’s Premium and Overhead Premium to you. If the status of your bid changes, you Online Bidding, which are published below and bid on your behalf up to and including your you are uncertain as to whether a lot is subject
A buyer’s premium and overhead premium will
請注意,所有拍賣品均須按載於本圖錄背面之 be added to the hammer price and are payable will receive notifications via email and push (if can also be viewed at sothebys.com, as well as predetermined maximum Advance Bid in to these import restrictions, or any other
you have enabled push notifications on your
restrictions on importation or exportation.
response to other bids and will alert you via
the Conditions of Business applicable to the
買家業務規則及真品保證及賣家業務規則出 by the buyer as part of the total purchase price. device) prior to the start of the live auction. You sale. Online bidding may not be available for email and push notifications (if enabled on
售,有關業務規則及真品保證可向蘇富比辦事 The buyer’s premium is 25% of the hammer may raise your maximum bid at any time in Premium Lots. your device). During the live auction, if your Currency Board As a courtesy to bidders, a
處索取。準買家應省閱業務規則、保證書及給 price up to and including HK$3,500,000, 20% advance of the live auction. Please note that in Advance Bid remains as the leading bid, currency board is operated in many salerooms.
準買家之指引。然而,謹此提醒準買家,所有 of any amount in excess of HK$3,500,000 up certain circumstances clients who have been Bidding in Person If you would like to bid in the auctioneer will execute your bid on your It displays the lot number and current bid in
拍賣品均按本圖錄所載之買家業務規則第 3 條 to and including HK$31,000,000, and 13.9% outbid may be reinstated as the leading bidder person at the live auction, you may register for behalf in response to other bids. You may also both Hong Kong dollars and foreign currencies.
出售,務請垂注有關業務規則。保存狀況報告 of any amount in excess of HK$31,000,000. and will receive notification via email or push (if a paddle prior to the start of the live auction continue to bid during the live auction above Exchange rates are approximations based on
請參閱英文註解。 The overhead premium, which covers an enabled on your device). Please refer further through an Online Platform or by contacting your predetermined maximum Advance Bid via recent exchange rate information and should
allocation of Sotheby's overhead costs relating Sotheby’s. Alternatively, you may register for not be relied upon as a precise invoice amount.
象牙 本拍賣有部分拍品包含象牙,其出口及 to our facilities, property handling and other to the “BIDDING IN THE SALE section below. a paddle upon entering the saleroom. Proof of an Online Platform using the Live Online Bidding Sotheby’s assumes no responsibility for any
進口可能受到限制。此外,非洲象牙不能進口 administrative expenses, is 1% of the hammer Online bids are made subject to the Additional identity will be required. If you are a first-time method described below. error or omission in the currency amounts
至美國。請參閱圖錄內「給準買家之指引」下 price. Terms and Conditions for Online Bidding, which bidder, you will also be asked for your address, Live Online Bidding If you cannot attend shown.
的「瀕危物種」條目。另務請閣下細閱「買家 are published below and can also be viewed phone number, email address and signature the live auction, it is possible to bid live online
之業務規則」第 10 條。 1. BEFORE THE AUCTION at sothebys.com, as well as the Conditions of in order to create your account. If you have via an Online Platform. For information about 4. AFTER THE AUCTION
Business applicable to the sale. Online bidding
Deposit If you wish to bid on ( ) lots in the may not be available for Premium Lots. a Sotheby’s Client Card, it will facilitate the registering to bid via an Online Platform please Invoices Successful bidders will receive an
printed catalogue and ( ) lots in the registration process. If you wish to register to refer to www.sothebys.com. invoice detailing their purchase and giving
eCatalogue, you may be requested by Sotheby’s Pre-sale Estimates Pre-sale estimates are bid on a Premium Lot, please see the paragraph The online bidding service is not available for instructions for payment and clearance of
to deliver to Sotheby’s a deposit of intended as a guide for prospective buyers. Any above. premium lots. goods.
HK$5,000,000 or such other higher amount as bid between the high and low pre-sale estimates Should you be the successful buyer of a lot, Payment Payment is due in HK dollars
may be determined by Sotheby’s (for any items would, in our opinion, offer a chance of success. please ensure that your paddle can be seen by Consecutive and Responsive Bidding The immediately after the sale and may be made
of Chinese Works of Art, Fine Chinese Paintings, However, all lots can realise prices above or the auctioneer and that it is your number that auctioneer may open the bidding on any lot by the following methods: Cash, Banker’s
Fine Classical Chinese Paintings, Magnificent below the pre-sale estimates. is called out. Should there be any doubts as to by placing a bid on behalf of the seller. The Draft, Cheque, Wire Transfer and Credit Card
Jewels & Jadeite and Modern & Contemporary It is advisable to consult us nearer the time of price or buyer, please draw the auctioneer’s auctioneer may further bid on behalf of the (American Express, MasterCard, Union Pay &
Art – Evening Sale) and of HK$2,000,000 or sale as estimates can be subject to revision. The attention to it immediately. seller, up to the amount of the reserve, by Visa).
such higher amount as may be determined by estimates do not include the buyer’s premium placing consecutive or responsive bids for a lot.
Sotheby’s (for any items in other categories), and overhead premium. All lots sold will be invoiced to the name and Please refer to Condition 6 of the Conditions of It is against Sotheby’s general policy to accept
and any financial references, guarantees and/or address in which the paddle has been registered Business for Buyers published below. single or multiple related payments in the form
such other security as Sotheby’s may require in Condition of Lots Prospective buyers are and cannot be transferred to other names and Employee Bidding Sotheby’s employees of cash or cash equivalents in excess of the local
its absolute discretion as security for the bid. encouraged to inspect the property at the addresses. may bid only if the employee does not know currency equivalent of US$10,000.
pre-sale exhibitions. Solely as a convenience,
For any lots other than Premium Lots, Sotheby’s may provide condition reports. The Please do not mislay your paddle; in the event the reserve and fully complies with Sotheby’s It is Sotheby’s policy to request any new clients
regardless of the low pre-sale estimate for the absence of reference to the condition of a lot of loss, inform the Sales Clerk immediately. At internal rules governing employee bidding. or buyers preferring to make a cash payment to
lot, Sotheby’s reserves the right to request in the catalogue description does not imply the end of the sale, please return your paddle to 3. THE AUCTION provide proof of identity (by providing some form
from prospective bidders to complete the pre- that the lot is free from faults or imperfections. the registration desk of government issued identification containing a
registration application form and to deliver Please refer to Condition 3 of the Conditions of Telephone Bids If you cannot attend the Conditions of Business Sotheby’s auctions photograph, such as a passport, identity card or
to Sotheby’s a deposit of HK$1,000,000 or Business for Buyers below. auction, it may be possible to bid on the are governed by the Conditions of Business driver’s licence) and confirmation of permanent
for Sellers and Buyers and the Authenticity
address. Thank you for your co-operation.
such higher amount as may be determined Electrical and Mechanical Goods All electrical telephone on lots with a minimum low Guarantee. These apply to all aspects of the
by Sotheby’s (for any items of Chinese Works and mechanical goods are sold on the basis estimate of HK$40,000. As the number of relationship between Sotheby’s and actual Cheques and drafts should be made payable to
of Art, Fine Chinese Paintings, Fine Classical of their artistic and decorative value only and telephone lines is limited, it is necessary to and prospective bidders and buyers. Anyone Sotheby’s Hong Kong Limited.
Chinese Paintings, Magnificent Jewels & Jadeite should not be assumed to be operative. It is make arrangements for this service 24 hours considering bidding in the auction should read Although personal and company cheques drawn
and Modern & Contemporary Art – Evening essential that prior to any intended use, the before the sale. We also suggest that you leave them carefully. They may be amended by way in HK dollars on Hong Kong banks are accepted,
Sale) and of HK$500,000 or such other higher electrical system is checked and approved by a a maximum bid which we can execute on your of notices posted in the saleroom or by way you are advised that property will not be
amount as maybe determined by Sotheby’s (for qualified electrician. behalf in the event we are unable to reach you of announcement made by the auctioneer. released until such cheques have cleared unless
any items in other categories) and any financial by telephone. Multi-lingual staff are available Online bids are made subject to the Conditions you have a pre-arranged Cheque Acceptance
references, guarantees and/or such other Provenance In certain circumstances, to execute bids for you. Telephone bids are of Business applicable to the sale and the Facility. Forms to facilitate this are available from
security as Sotheby’s may require in its absolute Sotheby’s may publish the history of ownership accepted only at Sotheby’s discretion and at Additional Terms and Conditions for Online the Finance Department in Hong Kong.
discretion as security for the bid. of an item of property if such information the caller’s risk. Calls may also be recorded
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