Page 142 - Sotheby's London Fine Japanese Art Nov. 2019
P. 142
Forms to facilitate this are available from sive shipping service. Except if otherwise Photographic positive or negative or any cessfully and may incur a loss if the sale
the Post Sale Services Department. indicated in this Buying At Auction Guide, assemblage of such photographs is not successful. If the Guaranteed
our Shipping Department can advise buy- EU LICENCE THRESHOLD: £12,305 Property symbol for a lot is not included
Bank transfers Our bank account details ers on exporting and shipping property, Textiles (excluding carpets and tapestries) in the printing of the auction catalogue, a
are shown on our invoices. Please include and arranging delivery. If you are bidding EU LICENCE THRESHOLD: £41,018 pre-sale or pre-lot announcement will be
your name, Sotheby’s account number via an Online Platform, our shipping calcu- Paintings in oil or tempera made indicating that there is a guarantee
and invoice number with your instructions lator is available to help you determine the EU LICENCE THRESHOLD: £123,055 on the lot. If every lot in a catalogue is
to your bank. Please note that we reserve delivery charges in relation to the item of Watercolours, gouaches and pastels -guaranteed, the Important Notices in the
the right to decline payments received property on which you wish to bid. EU LICENCE THRESHOLD: £24,611 sale catalogue will so state and this symbol
from anyone other than the buyer of re- Prints, Engravings, Drawings and Mosaics will not be used for each lot.
cord and that clearance of such payments For further assistance please contact: EU LICENCE THRESHOLD: £12,305
will be required. Please contact our Post Post Sale Services (Mon-Fri 9am to 5pm) △ Property in which Sotheby’s has an
Sale Services Department if you have any Tel +44 (0)20 7293 5220 There are separate thresholds for export- Ownership Interest
questions concerning clearance. Fax +44 (0)20 7293 5910 ing within the European Community. A UK Lots with this symbol indicate that Sothe-
Email: ukpostsaleservices@sothebys.com Licence will be required for most items by’s owns the lot in whole or in part or has
Card payment Sotheby’s accepts payment over 50 years of age with a value of over an economic interest in the lot equivalent
by Visa, MasterCard, American Express We will send you a quotation for shipping
and CUP credit and debit cards. Card your purchase(s). Transit risk insurance £65,000. Some exceptions are listed to an ownership interest.
below:-
payments may not exceed £30,000 per may also be included in your quotation. If ⋑ Irrevocable Bids
sale. All cards are accepted in person at the quotation is accepted, we will arrange UK Licence Thresholds Lots with this symbol indicate that a party
Sotheby’s premises at the address noted the shipping for you and will despatch the Photographic positive or negative or any has provided Sotheby’s with an irrevocable
in the catalogue. With the exception of property as soon as possible after receiv- assemblage of such photographs bid on the lot that will be executed during
CUP, card payments may also be made ing your written agreement to the terms UK LICENCE THRESHOLD: £10,000 the sale at a value that ensures that the lot
(a) online at http://www.sothebys.com/ of the quotation, financial release of the Textiles (excluding carpets and tapestries) will sell. The irrevocable bidder, who may
en/invoice-payment.html; (b) via the property and receipt of any export licence UK LICENCE THRESHOLD: £12,000 bid in excess of the irrevocable bid, may be
Sotheby’s App; (c) by calling Post Sale or certificates that may be required. British Historical Portraits compensated for providing the irrevocable
Services at +44 (0)20 7293 5220; or (d) in Despatch will be arranged at the buyer’s UK LICENCE THRESHOLD: £10,000 bid by receiving a contingent fee, a fixed
person at Sotheby’s premises in London. expense. Sotheby’s may charge an admin- Sotheby’s recommends that you retain fee or both. If the irrevocable bidder is the
istrative fee for arranging the despatch. successful bidder, any contingent fee, fixed
We reserve the right to seek identification all import and export papers, including li- fee or both (as applicable) for providing
of the source of funds received. All shipments should be unpacked and cences, as in certain countries you may be the irrevocable bid may be netted against
checked on delivery and any discrepancies required to produce them to governmental
The Conditions of Business require buyers notified immediately to the party identified authorities. the irrevocable bidder’s obligation to pay
to pay immediately for their purchases. the full purchase price for the lot and the
However, in limited circumstances and in your quotation and/or the accompany- Endangered Species Items made of or purchase price reported for the lot shall
ing documentation.
with the seller’s agreement, Sotheby’s incorporating plant or animal material, be net of any such fees. From time to
may grant buyers it deems creditworthy Export The export of any lot from the UK such as coral, crocodile, ivory, whalebone, time, Sotheby’s may enter into irrevocable
the option of paying for their purchases or import into any other country may be tortoiseshell, etc., irrespective of age or bid agreements that cover multiple lots.
on an extended payment term basis. subject to one or more export or import value, may require a licence or certificate In such instances, the compensation
Credit terms must be arranged prior to the licences being granted. It is the buyer’s prior to exportation and require additional Sotheby’s will pay the irrevocable bidder
sale. In advance of determining whether responsibility to obtain any relevant licences or certificates upon importation is allocated to the lots for which the
to grant the extended payment terms, export or import licence. The denial of any to any country outside the EU. Please note irrevocable bidder is not the successful
Sotheby’s may require credit references licence required or delay in obtaining such that the ability to obtain an export licence purchaser. Under such circumstances,
and proof of identity and residence. licence cannot justify the cancellation of or certificate does not ensure the ability the total compensation to the irrevocable
the sale or any delay in making payment to obtain an import licence or certificate bidder will not exceed the total buyer’s
Collection It is Sotheby’s policy to request of the total amount due. Sotheby’s, upon in another country, and vice versa. For premium and other amounts paid to
proof of identity on collection of a lot. Lots request and for an administrative fee, may example, it is illegal to import African Sotheby’s in respect of any lots for which
will be released to you or your authorised apply for a licence to export your lot(s) elephant ivory into the United States and the irrevocable bidder is not the successful
representative when full and cleared outside the UK there are other restrictions on the importa- bidder. If the irrevocable bid is not secured
payment has been received by Sotheby’s. tion of ivory into the US under certain US until after the printing of the auction cata-
If you are in doubt about the location of Sotheby’s, upon request and for a-n regulations which are designed to protect logue, Sotheby’s will notify bidders that
your purchases, please contact the Sale administrative fee, may apply for a licence wildlife conservation. there is an irrevocable bid on the lot by one
Administrator prior to arranging collection. to export your lot(s) outside the UK Sotheby’s suggests that buyers check with or more of the following means: a pre-sale
Removal, storage and handling charges • An EU Licence is necessary to export their own government regarding wildlife or pre-lot announcement, by written notice
may be levied on uncollected lots. Please cultural goods subject to the EU Regula- import requirements prior to placing a bid. at the auction or by including an irrevo-
refer to Condition 7 of the Conditions of tion on the export of cultural property (EEC It is the buyer’s responsibility to obtain cable bid symbol in the e-catalogue for
Business for Buyers published below.
No. 3911/92, Official Journal No. L395 of any export or import licences and/or the sale prior to the auction. From time to
Storage Storage and handling charges 31/12/92) from the European Community. certificates as well as any other required time, Sotheby’s or any affiliated company
may apply. For information concerning • A UK Licence is necessary to move cul- documentation (please refer to Condition may provide the irrevocable bidder with
post sale storage and charges, please see 11 of the Conditions of Business for Buyers financing related to the irrevocable bid. If
Sotheby’s Greenford Park, Storage and tural goods valued at or above the relevant published below). Please note that So- the irrevocable bidder is advising anyone
UK Licence limits from the UK.
Collection Information published below. theby’s is not able to assist buyers with the with respect to the lot, Sotheby’s requires
Please refer to Condition 7 of the Condi- For export outside the European Com- shipment of any lots containing ivory and/ the irrevocable bidder to disclose his or her
tions of Business for Buyers published munity, an EU Licence will be required for or other restricted materials into the US. A financial interest in the lot. If an agent is
below. most items over 50 years of age with a buyer’s inability to export or import these advising you or bidding on your behalf with
value of over £41,018. The following is a lots cannot justify a delay in payment or a respect to a lot identified as being subject
Purchases remaining at our New Bond selection of categories of items for which sale’s cancellation. to an irrevocable bid, you should request
Street premises 90 days after the sale may other value limits apply and for which that the agent disclose whether or not he
be transferred to Sotheby’s Greenford Park an EU Licence may be required. It is not or she has a financial interest in the lot.
Fine Art Storage (see Sotheby’s Greenford exhaustive and there are other restrictions. EXPLANATION OF SYMBOLS
Park, Storage and Collection information). ⊻ Interested Parties
All such transferred purchases will be EU Licence Thresholds The following key explains the symbols Lots with this symbol indicate that parties
subject to further storage and handling Archaeological objects you may see beside the lots of property with a direct or indirect interest in the lot
charges from the point of transfer. EU LICENCE THRESHOLD: ZERO included in this sale. may be bidding on the lot, including (i) the
Elements of artistic, historical or religious beneficiary of an estate selling the lot, or
Loss or Damage Buyers are reminded monuments ○ Guaranteed Property (ii) the joint owner of a lot. If the interested
that Sotheby’s accepts liability for loss The seller of lots with this symbol has
or damage to lots for a maximum period EU LICENCE THRESHOLD: ZERO been guaranteed a minimum price from party is the successful bidder, they will be
required to pay the full Buyer’s Premium.
Manuscripts, documents and archives
of thirty (30) days after the date of the one auction or a series of auctions. This
live auction. Please refer to Condition 7 (excluding printed matter) guarantee may be provided by Sotheby’s In certain instances, interested parties
EU LICENCE THRESHOLD: ZERO
may have knowledge of the reserve. In
of the Conditions of Business for Buyers or jointly by Sotheby’s and a third party.
published below. Architectural, scientific and engineering Sotheby’s and any third parties providing the event the interested party’s possible
drawings produced by hand a guarantee jointly with Sotheby’s benefit participation in the sale is not known until
Shipping Sotheby’s offers a comprehen- EU LICENCE THRESHOLD: £12,305 financially if a guaranteed lot is sold suc- after the printing of the auction catalogue,
141 SOTHEBY’S