Page 111 - March 17, 2020 Impotant Chinese Art, Sotheby's, New York

without your signature. Payment will not 14. Packing and Shipping Neither we This Guarantee is provided for a period bid prior to the start of the live auction. Platforms may not be able to place a bid the sale contract among Sotheby’s, enter into irrevocable bid agreements import or export. The information is
be deemed to have been made in full nor our vendors are responsible for the of five (5) years from the date of the For sales where you can place Advance in an amount other than a whole bidding the seller (consignor) of the lot and any that cover multiple lots. In such instances, made available for the convenience of
until we have collected good funds. Any acts or omissions in our or our vendors’ relevant auction, is solely for the benefit Bids, you may also input a maximum increment. All bidding for this sale will bidders, including the successful bidder the compensation Sotheby’s will pay the bidders and the absence of the symbol
claims relating to any purchase, including packing or shipping of purchased lots or of the original purchaser of record at bid which, upon confirmation, will be in U.S. Dollars, in respect of New York (purchaser). irrevocable bidder is allocated to the lots is not a warranty that there are no
any claims under the Conditions of of other carriers or packers of purchased the auction and may not be transferred be executed automatically up to this sales, in Pounds Sterling, in respect of for which the irrevocable bidder is not restrictions regarding import or export of
Sale or Terms of Guarantee, must be lots, whether or not recommended by us. to any third party. To be able to claim predefined maximum value in response London sales, or in Hong Kong Dollars, 1. SYMBOL KEY the successful purchaser. Under such the Lot; bidders should refer to Condition
presented directly to Sotheby’s. In the Packing and handling of purchased lots under this Guarantee of Authorship, the to other bids including bids placed by in respect of Hong Kong sales, and circumstances, the total compensation 12 of the Conditions of Sale. Please
event the purchaser fails to pay any or is at the entire risk of the purchaser. original purchaser of record must: (i) Sotheby’s on behalf of the seller, up to online bidders will not be able to see the □ Reserves to the irrevocable bidder will not exceed also refer to the section on Endangered
all of the total purchase price for any lot notify Sotheby’s in writing within three the amount of the reserve (if applicable). currency conversion board that may be Unless indicated by a box (□), all lots the total buyer’s premium and other Species in the information on Buying at
and Sotheby’s nonetheless elects to pay 15. Limitation of Liability In no event (3) months of receiving any information Please note that reserves may be set displayed in the auction room. in this catalogue are offered subject to amounts paid to Sotheby’s in respect of Auction.
will the aggregate liability of Sotheby’s
the Consignor any portion of the sale that causes the original purchaser of at any time before the start of the live 4. The record of sale kept by Sotheby’s a reserve. A reserve is the confidential any lots for which the irrevocable bidder
proceeds, the purchaser acknowledges and the consignor to a purchaser exceed record to question the accuracy of the auction and your maximum bid may be will be taken as absolute and final in all minimum hammer price at which a lot is not the successful bidder. If this auction ∏ Monumental
that Sotheby’s shall have all of the rights the purchase price actually paid. Authorship in the initial lot heading executed against the reserve once such disputes. In the event of a discrepancy will be sold. The reserve is generally has a printed catalogue, a PDF catalogue Lots with this symbol may, in our opinion,
of the Consignor to pursue the purchaser 16. Data Protection Sotheby’s will hold immediately following the lot number, reserve is set. between any online records or messages set at a percentage of the low estimate or both and the irrevocable bid is not require special handling or shipping
for any amounts paid to the Consignor, and process your personal information specifying the lot number, date of the provided to you and the record of sale and will not exceed the low estimate of secured until after such catalogue is services due to size or other physical
whether at law, in equity, or under these and may share it with its subsidiaries auction at which it was purchased and The current leading bid will be visible to kept by Sotheby’s, the record of sale will the lot. If any lots in the catalogue are finalized or if there is no printed catalogue considerations. Bidders are advised to
Conditions of Sale. and affiliates for use as described in, the reasons for such question; and (ii) all bidders; the value and status of your govern. offered without reserve, such lots will be or PDF catalogue and the irrevocable inspect the lot and to contact Sotheby’s
and in line with, Sotheby’s Privacy Policy return the Lot to Sotheby’s at the original maximum bid will be visible only to you, bid is not secured until after the digital prior to the sale to discuss any specific
10. Reserve All lots in this catalogue are published on Sotheby’s website at www. selling location in the same condition unless it is the leading bid. If the status 5. Online bidders are responsible designated by a box (□). If every lot in a catalogue is initially available for viewing, shipping requirements.
offered subject to a reserve, which is the as at the date of sale to the original of your bid changes, you will receive for making themselves aware of all catalogue is offered without a reserve, then Sotheby’s will notify bidders that
confidential minimum hammer price at sothebys.com or available on request by purchaser of record and be able to notifications via email and push (if you salesroom notices and announcements, the Conditions of Sale will so state and there is an irrevocable bid on the lot by Premium Lot
which a lot will be sold. No reserve will email to enquiries@sothebys.com. transfer good title to the Lot, free from have the Sotheby’s App installed) leading which will be accessible on the Online this symbol will not be used for each lot. one or more of the following means: the In order to bid on “Premium Lots” (in print
exceed the low presale estimate stated Under European data protection laws, any third party claims arising after the up to the live auction. You may raise your Platforms. lot’s specific webpage will be updated catalogue or ² in the lot’s specific webpage)
in the catalogue, or as amended by oral a client may object, by request and date of such sale. maximum bid at any time in advance ○ Guaranteed Property to include the irrevocable bid symbol, you may be required to complete a
or posted notices. We may implement free of charge, to the processing of of the live auction. Once the live auction 6. Sotheby’s reserves the right to The seller of lots with this symbol has a notice will be added to the Sotheby’s Premium Lot pre-registration application.
such reserve by opening the bidding on their information for certain purposes, Sotheby’s has discretion to waive any begins, the auctioneer will open bidding refuse or revoke permission to bid via been guaranteed a minimum price from webpage for the auction, or a pre-sale You must arrange for Sotheby’s to receive
behalf of the Consignor and may bid up including direct marketing, and may of the above requirements. Sotheby’s at the current leading bid. The system Online Platforms and to remove bidding one auction or a series of auctions. This or pre-lot announcement will be made your pre-registration application at least
to the amount of the reserve, by placing access and rectify personal data may require the original purchaser will continue to bid on your behalf up to privileges during a sale. guarantee may be provided by Sotheby’s indicating that there is an irrevocable bid three working days before the sale. Please
successive or consecutive bids for a lot, relating to them and may obtain of record to obtain at the original your predetermined maximum bid, or 7. The purchase information shown in or jointly by Sotheby’s and a third party. on the lot. From time to time, Sotheby’s or bear in mind that we are unable to obtain
or bids in response to other bidders. In more information about Sotheby’s purchaser of record’s cost the reports you may continue to bid via the Online the “My Bids” section of the Sotheby’s Sotheby’s and any third parties providing any affiliated company may provide the financial references over weekends
instances where we have an interest in data protection policies by writing to of two independent and recognized Platforms during the live auction at the App and in the “Account Activity” section a guarantee jointly with Sotheby’s irrevocable bidder with financing related to or public holidays. Sotheby’s decision
the lot other than our commission, we Sotheby’s, 34-35 New Bond Street, experts in the field, mutually acceptable next increment. Upon the closing of each of “My Account” on Sothebys.com is benefit financially if a guaranteed lot the irrevocable bid. In addition, from time whether to accept any pre-registration
may bid up to the reserve to protect London W1A 2AA, or 1334 York Avenue, to Sotheby’s and the original purchaser lot, you will receive push notification provided for your convenience only. is sold successfully and may incur a to time, an irrevocable bidder may have application shall be final. If all lots in the
such interest. In certain instances, the New York, NY 10021, Attn: Compliance, or of record. Sotheby’s shall not be (if enabled on your device) indicating Successful bidders will be notified and loss if the sale is not successful. A third knowledge of the amount of a guarantee. catalogue are “Premium Lots”, a Special
Consignor may pay us less than the emailing enquiries@sothebys.com. bound by any reports produced by whether you have won or lost each lot on invoiced after the sale. In the event of party providing a guarantee jointly with If the irrevocable bidder is advising anyone Notice will be included to this effect and
standard commission rate where a lot is the original purchaser of record, and which you have placed a bid. any discrepancy between the online Sotheby’s may provide an irrevocable with respect to the lot, Sotheby’s requires this symbol will not be used.
“bought-in” to protect its reserve. Please be aware that Sotheby’s may film reserves the right to seek additional purchase information which may or may bid, or otherwise bid, on the guaranteed the irrevocable bidder to disclose his or
auctions or other activities on Sotheby’s expert advice at its own expense. It is Please note in certain circumstances, property. If this auction has a printed
11. Tax Unless exempted by law, the premises and that such recordings specifically understood and agreed clients who have been outbid may be not be shown in the My Bids section catalogue, a PDF catalogue or both and her financial interest in the lot. If an agent is ⊖ US Import Tariff
and the invoice sent to you by Sotheby’s
purchaser will be required to pay the may be transmitted over the Internet that the rescission of a sale and the reinstated as the leading bidder and the guaranteed property symbol for a advising you or bidding on your behalf with Please note that this lot is subject to an
combined New York State and local sales via Sotheby’s website and other online refund of the original purchase price would receive notification via email or following the sale, the invoice prevails. lot is not included in such catalogue or respect to a lot identified as being subject import tariff. The amount of the import
tax, any applicable compensating use platforms. Online and telephone bids paid (the successful hammer price, push notification, if enabled on your Terms and conditions for payment and if there is no printed catalogue or PDF to an irrevocable bid, you should request tariff due is a percentage of the value
tax of another state, and if applicable, may be recorded. plus the buyer’s premium and overhead device. collection of property remain the same catalogue and the guaranteed property that the agent disclose whether or not he declared upon entry into the United
regardless of how the winning bid was
any federal luxury or other tax, on the premium) is exclusive and in lieu of any By placing Advance Bids on the Online submitted. symbol for a lot is not included at the time or she has a financial interest in the lot. States. The amount of the import tariff is
total purchase price. The rate of such other remedy which might otherwise be the digital catalogue is initially available for not based on the final hammer price. The
combined tax is 8.875% in New York City TERMS OF GUARANTEE available as a matter of law, or in equity. Platforms, you accept and agree that 8. Sotheby’s is not responsible for any viewing, then Sotheby’s will notify bidders ⊻ Interested Parties buyer should contact Sotheby’s prior
and ranges from 7% to 8.625% elsewhere Sotheby’s and the Consignor shall any such bids are final, that you will not errors or failures to execute bids placed that there is a guarantee on the lot by Lots with this symbol indicate that to the sale to determine the amount of
in New York. As set forth below and in the Conditions not be liable for any special, punitive, be permitted to retract your bid, and online, including, without limitation, one or more of the following means: the parties with a direct or indirect interest the import tariff. If the buyer instructs
that, should your bid be successful, you
in the lot may be bidding on the lot,
Sotheby’s to arrange shipping of the lot
12. Export and Permits It is the of Sale, for all lots Sotheby’s guarantees incidental or consequential damages irrevocably agree to pay the full purchase errors or failures caused by (i) a loss of lot’s specific webpage will be updated to including (i) the beneficiary of an estate to a foreign address, the buyer will not
include the guaranteed property symbol,
connection to the internet or to the online
incurred or claimed, including without
purchaser’s sole responsibility to identify that the authorship, period, culture or limitation, loss of profits price, including buyer’s premium, bidding software by either Sotheby’s or a notice will be added to the Sotheby’s selling the lot, or (ii) the joint owner be required to pay the import tariff. If the
and obtain any necessary export, origin (collectively, “Authorship”) of or interest. overhead premium and other applicable the client; (ii) a breakdown or problems of a lot. If the interested party is the buyer instructs Sotheby’s to arrange
import, firearm, endangered species or each lot in this catalogue is as set out charges, and all applicable taxes. You with the online bidding software; or webpage for the auction, or a pre-sale successful bidder, they will be required shipping of the lot to a domestic address,
or pre-lot announcement will be made
other permit for the lot. Any symbols in the initial lot heading immediately may nevertheless lower your maximum (iii) a breakdown or problems with a indicating that there is a guarantee on to pay the full buyer’s premium and or if the buyer collects the property in
or notices in the sale catalogue reflect following the lot number in the catalogue bid leading up to the live auction by client’s internet connection, computer the lot. overhead premium. In certain instances, person, or if the buyer arranges their
Sotheby’s reasonable opinion at the description of the lot, as amended ADDITIONAL TERMS AND contacting the Bids Department at +1 or electronic device. Sotheby’s is not interested parties may have knowledge own shipping (whether domestically
time of cataloguing and are for bidders’ by oral or written salesroom notes or CONDITIONS FOR ONLINE 212 606 7414, except that you may not responsible for any failure to execute an △ of the reserve. If this auction has a or internationally), the buyer will be
Property in which Sotheby’s has
general guidance only; Sotheby’s and announcements. Purchasers should BIDDING lower it to a level lower than the current online bid or for any errors or omissions an Ownership Interest printed catalogue, a PDF catalogue or required to pay the import tariff. The
the Consignor make no representations refer to the Glossary of Terms, if any, for leading bid. in connection therewith. both and the interested party’s possible import tariff is included in the purchase
or warranties as to whether any lot is an explanation of the terminology used The following terms and conditions 2. Once it commences, a live auction Lots with this symbol indicate that participation in the sale Is not known price and, where applicable, sales tax will
or is not subject to export or import in the initial lot heading immediately (the “Online Terms”) provide important is by its nature fast-moving and 9. Online bidding will be recorded. Sotheby’s owns the lot in whole or in part until after such catalogue is finalized or be added to the purchase price as per
restrictions or any embargoes. following the lot number and the extent information related to online bidding on or has an economic interest in the lot if there is no printed catalogue or PDF our Sales and Use Tax section.
of the Guarantee. Sotheby’s makes no sothebys.com or through the Sotheby’s bidding may progress very quickly. The 10. In the event of any conflict between equivalent to an ownership interest. catalogue and the interested party’s
13. Governing Law and Jurisdiction warranties whatsoever, whether express App, or on any other online platform procedure for placing bids during the live these Online Terms and Sotheby’s possible participation in the sale Is not
These Conditions of Sale and Terms or implied, with respect to any material in through which bidding may be made auction is therefore a one-step process; Conditions of Sale and Terms of ⋑ Irrevocable Bids known until after the digital catalogue 2. BEFORE THE AUCTION
of Guarantee, as well as bidders’, the the catalogue other than the Authorship available (“Online Platforms”). as soon as the “Place Bid” button is Guarantee, Sotheby’s Conditions of Sale Lots with this symbol indicate that a party is initially available for viewing, then
purchaser’s and our respective rights appearing in the initial lot heading clicked, a bid is submitted. By bidding and Terms of Guarantee will control. has provided Sotheby’s with an irrevocable Sotheby’s will notify bidders that an Bidding in advance of the live auction
and obligations hereunder, shall be immediately following the lot number These Conditions are in addition to online, you accept and agree that bids bid on the lot that will be executed during interested party may bid on the lot by For certain sales, you may bid in advance
governed by and construed and enforced and subject to the exclusions below. For and subject to the same law and our submitted in this way are final and that the sale at a value that ensures that the lot one or more of the following means: the of the live auction (“Advance Bids”) on
in accordance with the laws of the State the avoidance of doubt, any property standard terms and conditions of sale, you will not under any circumstances be BUYING AT AUCTION will sell. The irrevocable bidder, who may lot’s specific webpage will be updated to sothebys.com or the Sotheby’s App.
of New York. By bidding at an auction, designation related to the seller of the including the authenticity guarantee and permitted to amend or retract your bid. bid in excess of the irrevocable bid, may be include the interested parties symbol, In order to do so, you must register an
whether by agent, order or absentee property that may appear below the lot any other terms and are not intended in If a successful bid is sent to Sotheby’s The following will help in understanding compensated for providing the irrevocable a notice will be added to the Sotheby’s account with Sotheby’s and provide
bid, telephone, online or other means, number is not deemed a heading for any way to replace them. By participating from your computer, electronic or mobile the auction buying process as well bid by receiving a contingent fee, a fixed webpage for the auction, or a pre-sale requested information. Once you have
all bidders including the purchaser, shall purposes of the Guarantee. in this sale via any Online Platform, you device, you irrevocably agree to pay the as some of the terms and symbols fee or both. From time to time, a Sotheby’s or pre-lot announcement will be made done so, navigate to your desired lot, and
be deemed to have consented to the acknowledge that you are bound by full purchase price, including buyer’s commonly used in an auction catalogue. shareholder may be an irrevocable bidder. indicating that an interested party may click the “Place Bid” button. You may bid
exclusive jurisdiction of the state courts In the event Sotheby’s in its reasonable the Conditions of Sale applicable in the premium, overhead premium and any All bidders should read the Conditions If the irrevocable bidder is the successful bid on the lot. at or above the starting bid displayed
of, and the federal courts sitting in, the opinion deems that the conditions of relevant sale and by these additional other applicable charges, and applicable of Sale and Terms of Guarantee in this bidder, any contingent fee, fixed fee or both on the Online Platforms. Please note
State of New York. All parties agree, the Guarantee have been satisfied, it Conditions. taxes. catalogue, as well as the Glossary or (as applicable) for providing the irrevocable ◉ Restricted Materials that we reserve the right to amend the
however, that Sotheby’s shall retain he shall refund to the original purchaser of 1. For certain sales, bidders are welcome 3. The next bidding increment is shown any other notices. By bidding at auction, bid may be netted against the irrevocable Lots with this symbol have been starting bid prior to the start of the
right to bring proceedings in a court record the hammer price and applicable to submit bids in advance of the live for your convenience. The auctioneer bidders are bound by the Conditions bidder’s obligation to pay the full purchase identified at the time of cataloguing as live auction. You may also input your
other than the state and federal courts buyer’s premium and overhead premium auction (“Advance Bids”) through the has discretion to vary Increments for of Sale and Terms of Guarantee, as price for the lot and the purchase price containing organic material which may maximum bid which, upon confirmation,
sitting in the State of New York. paid for the lot by the original purchaser bidders in the auction room and on the amended by any oral announcement reported for the lot shall be net of any such will be executed automatically up to this
of record. Online Platforms. Please note that we fees. From time to time, Sotheby’s may be subject to restrictions regarding predefined maximum value, in response
reserve the right to amend the starting telephone, but bidders using Online or posted notices, which together form
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