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respect to a lot identiÞ ed as being subject 2. BEFORE THE AUCTION Salesroom Notices"Salesroom notices To place your bid, simply raise your paddle
to an irrevocable bid, you should request amend the catalogue description of a lot until the auctioneer acknowledges you.
that the agent disclose whether or not he The Catalogue"A catalogue prepared by after our catalogue has gone to press. You will know when your bid has been
or she has a Þ nancial interest in the lot. Sotheby’s is published for every scheduled They are posted in the viewing galleries acknowledged; the auctioneer will not
live auction and is available prior to the sale and salesroom or are announced by the mistake a random gesture for a bid.
ຎ Interested Parties date. The catalogue will help familiarize auctioneer. Please take note of them. If you wish to register to bid on a
Lots with this symbol indicate that parties you with property being o! ered at the Premium Lot, please see the paragraph
with a direct or indirect interest in the lot designated auction. Catalogues may be Registration"Sotheby’s may require such above.
may be bidding on the lot, including (i) the purchased at Sotheby’s or by subscription necessary Þ nancial references, guarantees, All lots sold will be invoiced to the name
beneÞ ciary of an estate selling the lot, or in any categories. For information, please deposits and/or such other security, in its and address in which the paddle has been
(ii) the joint owner of a lot. If the interested call +1 212 606 7000 or visit sothebys. absolute discretion, as security for your registered and cannot be transferred to
party is the successful bidder, they will be com. Prospective bidders should also bid. If you are not successful on any lot, other names and addresses. Sotheby’s
required to pay the full Buyer’s Premium. consult sothebys.com for the most up to Sotheby’s will arrange for a refund (subject reserves the right to refuse to accept
In certain instances, interested parties may date cataloguing of the property in this to any right of set o! ) of the deposit amount payment from a source other than the
have knowledge of the reserve. In the event catalogue. paid by you without interest within 14 buyer of record.
the interested party’s possible participation working days of the date of the sale. Any
in the sale is not known until after the Estimates"Each lot in the catalogue is exchange losses or fees associated with the Absentee Bidding"If it is not possible
printing of the auction catalogue, a pre-sale given a low and high estimate, indicating refund shall be borne by you. Registration to for you to attend the auction in person,
or pre-lot announcement will be made to a prospective buyer a range in which the bid on Premium Lots must be done at least you may place your bid ahead of time. In
indicating that interested parties may be lot might sell at auction. When possible, 3 business days prior to the sale. the back of every catalogue there is an
bidding on the lot. the estimate is based on previous auction absentee bid form, which you can use to
records of comparable pieces. The 3. DURING THE AUCTION indicate the item you wish to bid on and
Ⴚ Restricted Materials estimates are determined several months the maximum bid you are willing to make.
Lots with this symbol have been identiÞ ed before a sale and are therefore subject The Auction"Auctions are open to Return the completed absentee bid form
at the time of cataloguing as containing to change upon further research of the the public without any admission fee or to Sotheby’s either by mail or fax. When
organic material which may be subject to property, or to reß ect market conditions obligation to bid. The auctioneer introduces the lot that you are interested in comes
restrictions regarding import or export. or currency ß uctuations. Estimates should the objects for sale — known as “lots” — in up for sale, a Sotheby’s representative will
The information is made available for the not be relied upon as a representation or numerical order as listed in the catalogue. execute the bid on your behalf, making
convenience of bidders and the absence of prediction of actual selling prices. Unless otherwise noted in the catalogue every e! ort to purchase the item for as
the symbol is not a warranty that there are or by an announcement at the auction, little as possible and never exceeding your
Provenance"In certain circumstances,
no restrictions regarding import or export Sotheby’s acts as agent on behalf of the limit. This service is free and conÞ dential.
Sotheby’s may print in the catalogue the
of the Lot; bidders should refer to Condition seller and does not permit the seller to bid For detailed instructions and information,
history of ownership of a work of art if such
12 of the Conditions of Sale. Please also on his or her own property. It is important please see the Absentee Bid Form and
information contributes to scholarship
refer to the section on Endangered Species for all bidders to know that the auctioneer Guide for Absentee Bidders instructions at
or is otherwise well known and assists in
in the information on Buying at Auction. may open the bidding on any lot by placing the back of this catalogue.
distinguishing the work of art. However, a bid on behalf of the seller. The auctioneer
the identity of the seller or previous owners
Monumental may further bid on behalf of the seller, up Telephone Bidding"In some
may not be disclosed for a variety of
Lots with this symbol may, in our opinion, to the amount of the reserve, by placing circumstances, we o! er the ability to
reasons. For example, such information
require special handling or shipping responsive or consecutive bids for a lot. place bids by telephone live to a Sotheby’s
may be excluded to accommodate a seller’s
services due to size or other physical The auctioneer will not place consecutive representative on the auction ß oor. Please
request for conÞ dentiality or because the
considerations. Bidders are advised to bids on behalf of the seller above the contact the Bid Department prior to the
identity of prior owners is unknown given
inspect the lot and to contact Sotheby’s reserve. sale to make arrangements or to answer
the age of the work of art.
prior to the sale to discuss any speciÞ c any questions you may have. Telephone
shipping requirements. Bidding in Person"If you would like to bids are accepted only at Sotheby’s
Specialist Advice"Prospective bidders
bid, you must register for a paddle upon discretion and at the caller’s risk. Calls may
may be interested in speciÞ c information
Premium Lot entering the salesroom. The paddle is also be recorded at Sotheby’s discretion.
not included in the catalogue description
In order to bid on “Premium Lots” ( in numbered so as to identify you to the By bidding on the telephone, prospective
of a lot. For additional information, please
print catalogue or ² in eCatalogue) you auctioneer. To register, you will need a buyers consent thereto.
contact either a Sotheby’s specialist in
must com plete the required Premium form of identiÞ cation such as a driver’s
charge of the sale (all of whom are listed
Lot pre-registration application. You must license, a passport or some other type of Online BiddingUIf you cannot attend the
in the front of the catalogue), or Sotheby’s
arrange for Sotheby’s to receive your government issued identiÞ cation. If you auction, it may be possible to bid online via
Client Services Department. You may
pre-registration application at least three are a Þ rst-time bidder, you will also be BIDnow, eBay, Invaluable or other Online
also request a condition report from the
working days before the sale. Please asked for your address, phone number Platforms for selected sales. This service is
specialist in charge.
bear in mind that we are unable to obtain and signature in order to create your free and conÞ dential. For information about
Þ nancial references over weekends account. If you are bidding for someone registering to bid via BIDnow, please see
The Exhibition"An exhibition of the
or public holidays. Sotheby’s decision else, you will need to provide a letter from www.sothebys.com. For information about
auction property will be held the week prior
whether to accept any pre-registration that person authorizing you to bid on that registering to bid on eBay, please see www.
to the auction on the days listed in the front
application shall be Þ nal. If your application person’s behalf. Issuance of a bid paddle is ebay.com/sothebys. For information about
of the catalogue. There you will have the
is accepted, you will be provided with a in Sotheby’s sole discretion. registering to bid on Invaluable, please see
opportunity to view, inspect and evaluate
special paddle number. If all lots in the Once the Þ rst bid has been placed, www.invaluable.com/invaluable/help.cfm.
the property yourself, or with the help of a
catalogue are “Premium Lots”, a Special the auctioneer asks for higher bids, in Bidders utilizing any online platform are
Sotheby’s specialist.
Notice will be included to this e! ect and increments determined by the auctioneer. subject to the Online Terms as well as the
this symbol will not be used.
150 SOTHEBY ’S FINE CLASSICAL CHINESE PAINTINGS & CALLIGRAPHY

