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contributes to scholarship or is otherwise well at Sotheby’s discretion. By bidding on the Bidding, which are published below and can also All charges are subject to acceptance For assistance, please contact: Irrevocable Bids
known and assists in distinguishing the item telephone, prospective buyers consent thereto. be viewed at sothebys.com. by Sotheby’s and by American Express,
of property. However, the identity of the seller Please refer to Condition 5 of the Conditions of Interested Parties Announcement In MasterCard, China UnionPay or Visa, as the case Post Sale Services (Mon to Fri 9:30a.m. to 6:00 Lots with this symbol indicate that a party has
p.m.)
provided Sotheby’s with an irrevocable bid on
or previous owners may not be disclosed Business for Buyers published below. situations where a person who is allowed to bid may be. In the case a charge is not approved, the lot that will be executed during the sale at
for a variety of reasons. For example, such Absentee Bids For some sales (other than on a lot has a direct or indirect interest in such you will nevertheless be liable to Sotheby’s for +852 2822 5533 a value that ensures that the lot will sell. The
information may be excluded to accommodate all sums incurred by you. Credit card purchases
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 may not exceed HK$1,000,000. For all new FAX +852 2501 4266 irrevocable bidder, who may bid in excess of the
below) is enabled and a current bid is visible
estate selling the lot, a joint owner of the lot, or a
irrevocable bid, will be compensated based on
the identity of prior owners is unknown given on the Online Platforms), if you are unable to party providing or participating in a guarantee of clients to Sotheby’s or those whom we have not hkpostsaleservices@sothebys.com the final hammer price in the event he or she
the age of the item of property. transacted before, we reserve the right to accept
attend the live auction in person, you may place the lot, Sotheby’s will make an announcement credit card payments presented in person only. We will send you a quotation for shipping your is not the successful bidder. If the irrevocable
2. BIDDING IN THE SALE your maximum bid prior to the start of the live in the sale room that interested parties may bid For further details please contact the Post Sale purchase(s). Transit risk insurance may also bidder is the successful bidder, he or she will be
auction on an Online Platform or by submitting on the lot. In certain circumstances, interested be included in your quotation. If the quotation required to pay the full Buyer’s Premium and
Bidding at the Live Auction Following any your maximum bid in writing to Sotheby’s. parties may have knowledge of the reserves. Services Department on +852 2822 5533. Overhead Premium and will not be otherwise
applicable online bidding period, bids may be When the lot that you are interested in comes Please note that Sotheby’s reserves the right to is accepted, we will arrange the shipping for compensated. From time to time, Sotheby’s
executed during the live auction in person, on up for sale, the auctioneer will execute the bid on US Economic Sanctions The United States decline payments received from anyone other you and will despatch the property as soon as may enter into irrevocable bid agreements
possible after receiving your written agreement
the telephone or online via an Online Platform. your behalf, making every effort to purchase the maintains economic and trade sanctions than the buyer of record and that clearance of to the terms of the quotation, financial release of that cover multiple lots. In such instances, the
Auction speeds vary, but average between 50 lot for as little as possible and never exceeding against targeted foreign countries, groups and such payments will be required. Please contact compensation Sotheby’s will pay the irrevocable
and 120 lots per hour. The bidding steps are your limit. This service is free and confidential. organisations. There may be restrictions on the our Post Sale Services if you have any questions the property and receipt of any export licence or bidder is allocated to the lots for which the
generally in increments of approximately 10% import into the United States of certain items concerning clearance. certificates that may be required. Despatch will irrevocable bidder is not the successful
be arranged at the buyer’s expense. Sotheby’s
of the previous bid. Advance Bidding For certain sales, bidders originating in sanctioned countries, including may charge an administrative fee for arranging purchaser. Under such circumstances, the total
may submit bids in advance of the live auction Burma, Cuba, Iran, North Korea and Sudan. The We reserve the right to seek identification
Please refer to Conditions 5 and 6 of the (“Advance Bid”) through an Online Platform, purchaser’s inability to import any item into the of the source of funds received. the despatch. compensation to the irrevocable bidder will not
Conditions of Business for Buyers published as described above or by submitting your US or any other country as a result of these or exceed the total buyer’s premium and other
below. The Conditions of Business require buyers to amounts paid to Sotheby’s in respect of any
maximum bid in writing to Sotheby’s. For these other restrictions shall not justify cancellation or pay immediately for their purchases. However,
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. in limited circumstances and with the seller’s lots for which the irrevocable bidder is not the
successful bidder. If the irrevocable bid is not
to the Additional Terms and Conditions for the live auction, the system will automatically Please check with the specialist department if agreement, Sotheby’s may grant buyers it EXPLANATION OF SYMBOLS secured until after the printing of the auction
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 deems creditworthy the option of paying for their catalogue, Sotheby’s will notify bidders that
can also be viewed at sothebys.com, as well as predetermined maximum Advance Bid in to these import restrictions, or any other purchases on an extended payment term basis. Symbol Key The following key explains the there is an irrevocable bid on the lot by one
the Conditions of Business applicable to the response to other bids and will alert you via restrictions on importation or exportation. Credit terms must be arranged prior to the sale. symbols you may see inside this catalogue. or more of the following means: a pre-sale or
sale. Online bidding may not be available for email and push notifications (if enabled on Currency Board As a courtesy to bidders, a In advance of determining whether to grant the Premium Lots pre-lot announcement, by written notice at
Premium Lots. your device). During the live auction, if your currency board is operated in many salerooms. extended payment terms, Sotheby’s may require the auction or by including an irrevocable bid
Advance Bid remains as the leading bid, In order to bid on “Premium Lots” ( in print
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 credit references and proof of identity and catalogue, in eCatalogue), Sotheby’s may symbol in the e-catalogue for the sale prior to
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. residence. request from prospective bidders to complete the auction. From time to time, Sotheby’s or any
a paddle prior to the start of the live auction continue to bid during the live auction above Exchange rates are approximations based on Collection and Storage All items from this the pre-registration application form and to affiliated company may provide the irrevocable
through an Online Platform or by contacting your predetermined maximum Advance Bid via recent exchange rate information and should auction will be transferred to Sotheby’s where deliver to Sotheby’s a deposit of HK$5,000,000 bidder with financing related to the irrevocable
Sotheby’s. Alternatively, you may register for an Online Platform using the Live Online Bidding not be relied upon as a precise invoice amount. they will incur storage charge one month after or such other higher amount as may be bid. If the irrevocable bidder is advising anyone
a paddle upon entering the saleroom. Proof of method described below. Sotheby’s assumes no responsibility for any the date of the auction at the following rate: determined by Sotheby’s (for any items of with respect to the lot, Sotheby’s requires the
identity will be required. If you are a first-time error or omission in the currency amounts Chinese Works of Art, Fine Chinese Paintings, irrevocable bidder to disclose his or her financial
bidder, you will also be asked for your address, Live Online Bidding If you cannot attend shown. Storage charge: HK$1,200 per lot per Fine Classical Chinese Paintings, Magnificent interest in the lot. If an agent is advising you
phone number, email address and signature the live auction, it is possible to bid live online 4. AFTER THE AUCTION month. Jewels & Jadeite and Modern & Contemporary or bidding on your behalf with respect to a lot
in order to create your account. If you have via an Online Platform. For information about To arrange shipping or collection, please Art – Evening Sale) and of HK$2,000,000 or identified as being subject to an irrevocable
a Sotheby’s Client Card, it will facilitate the registering to bid via an Online Platform please Invoices Successful bidders will receive an contact: such other higher amount as may be bid, you should request that the agent disclose
registration process. If you wish to register to refer to www.sothebys.com. invoice detailing their purchase and giving Post Sale Services determined by Sotheby’s (for any items in other whether or not he or she has a financial interest
bid on a Premium Lot, please see the paragraph The online bidding service is not available for instructions for payment and clearance of As printed in front of this catalogue categories), and any financial references, in the lot.
above. goods. guarantees and/or such other security as
premium lots. It is Sotheby’s policy to request proof of identity Interested Parties
Should you be the successful buyer of a lot, Consecutive and Responsive Bidding The Payment Payment is due in HK dollars on collection of a lot. Lots will be released to you Sotheby’s may require in its absolute discretion Lots with this symbol indicate that parties with
please ensure that your paddle can be seen by auctioneer may open the bidding on any lot immediately after the sale and may be made or your authorised representative when full and as security for the bid. If all lots in the catalogue a direct or indirect interest in the lot may be
the auctioneer and that it is your number that by placing a bid on behalf of the seller. The by the following methods: Cash, Banker’s final payment has been received by Sotheby’s, are “Premium Lots”, a Special Notice will be bidding on the lot, including (i) the beneficiary of
included to this effect and this symbol will not
is called out. Should there be any doubts as to auctioneer may further bid on behalf of the Draft, Cheque, Wire Transfer and Credit Card appropriate photographic identification has been an estate selling the lot, or
price or buyer, please draw the auctioneer’s seller, up to the amount of the reserve, by (American Express, MasterCard, Union Pay & made, and a release note has been provided by be used.
attention to it immediately. Visa). Sotheby’s (open Monday to Friday 9:30am - Guaranteed Property (ii) the joint owner of a lot. If the interested party
placing consecutive or responsive bids for a lot. 6pm). is the successful bidder, they will be required
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 The seller of lots with this symbol has been to pay the full Buyer’s Premium and Overhead
address in which the paddle has been registered Business for Buyers published below. single or multiple related payments in the form If you are in doubt about the location of your guaranteed a minimum price from one auction Premium. In certain instances, interested parties
and cannot be transferred to other names and Employee Bidding Sotheby’s employees of cash or cash equivalents in excess of the local purchases, please contact the Sale Administrator or a series of auctions. This guarantee may be may have knowledge of the reserve. In the event
addresses. currency equivalent of US$10,000. prior to arranging collection. Removal, storage provided by Sotheby’s, or jointly by Sotheby’s
may bid only if the employee does not know and handling charges may be levied on the interested party’s possible participation in
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 uncollected lots. Please refer to Condition 7 of and a third party. Sotheby’s and any third the sale is not known until after the printing of
of loss, inform the Sales Clerk immediately. At internal rules governing employee bidding. or buyers preferring to make a cash payment to the Condition of Business for Buyers printed in parties providing a guarantee jointly with the auction catalogue, a pre-lot announcement
the end of the sale, please return your paddle to 3. THE AUCTION provide proof of identity (by providing some form this catalogue. Sotheby’s benefit financially if a guaranteed will be made indicating that interested parties
lot Is sold successfully and may incur a loss if
the registration desk of government issued identification containing a may be bidding on the lot.
Conditions of Business Sotheby’s auctions photograph, such as a passport, identity card or Loss or Damage Buyers are reminded that the sale is not successful. If the Guaranteed
Telephone Bids If you cannot attend the are governed by the Conditions of Business driver’s licence) and confirmation of permanent Sotheby’s accepts liability for loss or damage to Property symbol for a lot is not included in the □ No Reserve
auction, it may be possible to bid on the for Sellers and Buyers and the Authenticity address. Thank you for your co-operation. lots for a maximum period of thirty (30) calendar printing of the auction catalogue, a pre-sale or Unless indicated by a box ( □ ), all lots included
telephone on lots with a minimum low Guarantee. These apply to all aspects of the days after the date of the live auction. Please pre-lot announcement will be made indicating in this catalogue are offered subject to a
estimate of HK$40,000. As the number of relationship between Sotheby’s and actual Cheques and drafts should be made payable to refer to Condition 7 of the Conditions of Business that there is a guarantee on the lot. If every lot reserve. A reserve is the confidential hammer
telephone lines is limited, it is necessary to and prospective bidders and buyers. Anyone Sotheby’s Hong Kong Limited. for Buyers published below. in a catalogue is -guaranteed, the Important price established between Sotheby’s and the
make arrangements for this service 24 hours considering bidding in the auction should read Although personal and company cheques drawn Notices in the sale catalogue will so state and seller and below which a lot will not be sold.
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, Shipping Sotheby’s offers a comprehensive this symbol will not be used for each lot. The reserve is generally set at a percentage of
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 shipping service. Except if otherwise indicated the low estimate and will not exceed the low
behalf in the event we are unable to reach you of announcement made by the auctioneer. in this Buying at Auction Guide, Sotheby’s △ Property in which Sotheby’s has an estimate for the lot. If any lots included in this
by telephone. Multi-lingual staff are available Online bids are made subject to the Conditions released until such cheques have cleared unless can advise buyers on exporting and shipping Ownership Interest sale are offered without a reserve, these lots are
you have a pre-arranged Cheque Acceptance
to execute bids for you. Telephone bids are of Business applicable to the sale and the Facility. Forms to facilitate this are available from property, and arranging delivery. Lots with this symbol indicate that Sotheby’s indicated by a box ( □ ). If all lots included in
accepted only at Sotheby’s discretion and at Additional Terms and Conditions for Online the Finance Department in Hong Kong. owns the lot in whole or in part or has an this sale are offered without a reserve, a Special
the caller’s risk. Calls may also be recorded economic interest in the lot equivalent to an Notice will be included to this effect and the box
ownership interest.
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