Page 117 - Sothebys Fine Japanese Art London, November 2018

BUYING AT AUCTION is checked and approved by a qualified via BIDnow, please refer to sothebys. sterling on UK banks are accepted, you
electrician. com. Bidders using the BIDnow service are advised that property will not be
The following pages are designed to give are subject to the Additional Terms and released until such cheques have cleared
you useful information on how to buy Provenance In certain circumstances, Conditions for Live Online Bidding via unless you have a pre-arranged Cheque
at auction. Sotheby’s staff as listed at Sotheby’s may print in the catalogue BIDnow, which can be viewed at sothebys. Acceptance Facility. Forms to facilitate this
the front of this catalogue will be happy the history of ownership of a work of com, as well as the Conditions of Business are available from the Post Sale Services
to assist you. However, it is important art if such information contributes to applicable to the sale. Department.
that you read the following information scholarship or is otherwise well known
carefully and note that Sotheby’s act for and assists in distinguishing the work of Consecutive and Responsive Bidding Bank transfers Our bank account details
the seller. Bidders’ attention is specifically art. However, the identity of the seller or The auctioneer may open the bidding on are shown on our invoices. Please include
drawn to Conditions 3 and 4, which previous owners may not be disclosed any lot by placing a bid on behalf of the your name, Sotheby’s account number
require them to investigate lots prior for a variety of reasons. For example, seller. The auctioneer may further bid and invoice number with your instructions
to bidding and which contain specific such information may be excluded to on behalf of the seller, up to the amount to your bank. Please note that we reserve
limitations and exclusions of the legal accommodate a seller’s request for of the reserve, by placing consecutive or the right to decline payments received
liability of Sotheby’s and sellers. The confidentiality or because the identity of responsive bids for a lot. Please refer to from anyone other than the buyer
limitations and exclusions relating to prior owners is unknown given the age of Condition 6 of the Conditions of Business of record and that clearance of such
Sotheby’s are consistent with its role as the work of art. for Buyers printed in this catalogue. payments will be required. Please contact
auctioneer of large quantities of goods Interested Parties Announcement In our Post Sale Services Department if you
of a wide variety and bidders should pay 2. DURING THE AUCTION situations where a person who is allowed have any questions concerning clearance.
particular attention to these Conditions. Conditions of Business The auction is to bid on a lot has a direct or indirect Card payment Sotheby’s accepts
Prospective bidders should also consult governed by the Conditions of Business interest in such lot, such as the beneficiary payment by Visa, MasterCard, American
www.sothebys.com for the most up to and Authenticity Guarantee. These apply or executor of an estate selling the lot, a Express and CUP credit and debit cards.
date cataloguing of the property in this to all aspects of the relationship between joint owner of the lot, or a party providing Card payments may not exceed £30,000
catalogue. Sotheby’s and actual and prospective or participating in a guarantee of the lot, per sale. All cards are accepted in person
bidders and buyers. Anyone considering
Buyer’s Premium A buyer’s premium Sotheby’s will make an announcement at Sotheby’s premises at the address
will be added to the hammer price and is bidding in the auction should read them in the saleroom that interested parties noted in the catalogue. With the exception
payable by the buyer as part of the total carefully. They may be amended by way of may bid on the lot. In certain instances, of CUP, card payments may also be made
purchase price. The buyer’s premium notices posted in the saleroom or by way interested parties may have knowledge of online at http://www.sothebys.com/en/
is 25% of the hammer price up to and of announcement made by the auctioneer. the reserves. invoice-payment.html or by calling Post
including £200,000; 20% on any amount Bidding at Auction Bids may be executed Employee Bidding Sotheby’s employees Sale Services at +44 (0)20 7293 5220.
in excess of £200,000 up to and including in person by paddle during the auction, in may bid only if the employee does not We reserve the right to seek identification
£3,000,000; and 12.9% on any remaining writing prior to the sale, by telephone or know the reserve and fully complies of the source of funds received.
amount in excess of £3,000,000. by BIDnow. with Sotheby’s internal rules governing
These rates are exclusive of any applicable employee bidding. The Conditions of Business require buyers
VAT. Auction speeds vary, but average to pay immediately for their purchases.
between 50 and 120 lots per hour. The US Economic Sanctions The United However, in limited circumstances and
1. BEFORE THE AUCTION bidding steps are generally in increments States maintains economic and trade with the seller’s agreement, Sotheby’s
of approximately 10% of the previous bid. sanctions against targeted foreign may grant buyers it deems creditworthy
Catalogue Subscriptions If you would
like to take out a catalogue subscription, Please refer to Conditions 5 and 6 of countries, groups and organisations. the option of paying for their purchases
please ring +44 (0)20 7293 5000. the Conditions of Business for Buyers There may be restrictions on the import on an extended payment term basis.
printed in this catalogue. into the United States of certain items Generally credit terms must be
Pre-sale Estimates Pre-sale estimates originating in sanctioned countries, arranged prior to the sale. In advance
are intended as a guide for prospective Bidding in Person To bid in person, you including Burma, Cuba, Iran, North Korea of determining whether to grant the
buyers. Any bid between the high and low will need to register for and collect a and Sudan. The purchaser’s inability to extended payment terms, Sotheby’s may
pre-sale estimates would, in our opinion, numbered paddle before the auction import any item into the US or any other require credit references and proof of
offer a chance of success. However, lots begins. Proof of identity will be required. country as a result of these or other identity and residence.
can realise prices above or below the pre- If you have a Sotheby’s Client Card, it will restrictions shall not justify cancellation
sale estimates. facilitate the registration process. or rescission of the sale or any delay in Collection It is Sotheby’s policy to
request proof of identity on collection of
It is advisable to consult us nearer the Should you be the successful buyer payment. Please check with the specialist a lot. Lots will be released to you or your
time of sale as estimates can be subject of a lot, please ensure that your paddle department if you are uncertain as to authorised representative when full and
to revision. The estimates printed in the can be seen by the auctioneer and that it whether a lot is subject to these import cleared payment has been received by
auction catalogue do not include the is your number that is called out. Should restrictions, or any other restrictions on Sotheby’s. If you are in doubt about the
buyer’s premium or VAT. there be any doubts as to price or buyer, importation or exportation. location of your purchases, please contact
please draw the auctioneer’s attention to
Pre-sale Estimates in US Dollars and it immediately. 3. AFTER THE AUCTION the Sale Administrator prior to arranging
Euros Although the sale is conducted in Payment Payment is due immediately collection. Removal, storage and handling
pounds sterling, the pre-sale estimates in All lots sold will be invoiced to the name after the sale and may be made by charges may be levied on uncollected
some catalogues are also printed in US and address in which the paddle has been Sterling Wire Transfer or Sterling Cheque. lots. Please refer to Condition 7 of the
dollars and/or euros. The rate of exchange registered and cannot be transferred to Payments by Sterling Cash and by Credit/ Conditions of Business for Buyers printed
is the rate at the time of production of this other names and addresses. Debit Cards are also accepted subject to in this catalogue.
catalogue. Therefore, you should treat Please do not mislay your paddle; in certain restrictions and/or surcharges Storage Storage and handling charges
the estimates in US dollars or euros as a the event of loss, inform the Sales Clerk – please see below. may apply. For information concerning
guide only.
immediately. At the end of the sale, please post sale storage and charges, please see
Condition of Lots Prospective buyers return your paddle to the registration • It is against Sotheby’s general policy Sotheby’s Greenford Park, Storage and
to accept single or multiple related
are encouraged to inspect the property desk. payments in the form of cash or cash Collection Information at the back of this
at the pre-sale exhibitions. Solely as Absentee, Telephone and Internet Bids equivalents in excess of the local catalogue. Please refer to Condition 7 of
a convenience, Sotheby’s may also If you cannot attend the auction, we currency equivalent of US$10,000. the Conditions of Business for Buyers
provide condition reports. The absence will be happy to execute written bids printed in this catalogue.
of reference to the condition of a lot in the on your behalf or you can bid on the • It is Sotheby’s policy to request any All purchases remaining at our New
catalogue description does not imply that telephone for lots with a minimum low new clients or buyers preferring to Bond Street premises 90 days after
make a cash payment to provide: proof
the lot is free from faults or imperfections.
the sale will be transferred to Sotheby’s
08/18 NBS_BUYING AT AUCTION Conditions of Business for Buyers printed using BIDnow. A bidding form and more of government issued identification Sotheby’s Greenford Park, Storage
estimate of £3,000 or you can bid online
of identity (by providing some form
Please refer to Condition 3 of the
Greenford Park Fine Art Storage (see
information can be found at the back of
containing a photograph, such as a
in this catalogue.
and Collection information). All such
this catalogue.
passport, identity card or driver’s licence)
purchases will be subject to further
Electrical and Mechanical Goods All
and confirmation of permanent address.
Online Bidding via BIDnow If you cannot
storage and handling charges from
electrical and mechanical goods are sold
on the basis of their artistic and decorative
bid online via BIDnow for selected sales.
Cheques should be made payable
value only, and should not be assumed attend the auction, it may be possible to Thank you for your co-operation. this point.
Loss or Damage Buyers are reminded
This service is free and confidential.
to be operative. It is essential that prior to For information about registering to bid to Sotheby’s. Although personal and that Sotheby’s accepts liability for loss
any intended use, the electrical system company cheques drawn in pounds
FINE JAPANESE ART 115