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Lot 27: ATTRIBUTED TO LI XIONG CAI Mountain Rock Waterfall

Est: $1,500 AUD - $2,500 AUDSold:
Smith & SingerMELBOURNE, AustraliaApril 06, 2016

Item Overview

Description

ATTRIBUTED TO LI XIONG CAI
Mountain Rock Waterfall
ink on paper, hanging scroll
signed, dated 1985 and with two seals
97 x 54 cm

Illustrated Yiyuan Duoying: lingnan huapai Zhao Shaoang, Yang Shanshen, Guan Shanyue and Li Xiongcai Zuopingji, Shanghai: 2005, p. 78
A copy of this catalogue accompanies this lot

Artist or Maker

Payment & Shipping

Payment

Accepted forms of payment: American Express, MasterCard, Visa

Shipping

Auction House will help arrange shipment, at buyer's expense

Auction Details

Fine Asian, Australian & European Arts & Design

by
Smith & Singer
April 06, 2016, 06:00 PM AEST

41 Exhibition Street, MELBOURNE, VIC, 3000, AU

Terms

Buyer's Premium

25.0%

Bidding Increments

From:To:Increment:
$0$499$50
$500$999$100
$1,000$1,999$100
$2,000$2,999$200
$3,000$3,199$200
$3,200$3,499$300
$3,500$3,799$300
$3,800$3,999$200
$4,000$4,199$200
$4,200$4,499$300
$4,500$4,799$300
$4,800$4,999$200
$5,000$9,999$500
$10,000$19,999$1,000
$20,000$29,999$2,000
$30,000$31,999$2,000
$32,000$34,999$3,000
$35,000$37,999$3,000
$38,000$39,999$2,000
$40,000$41,999$2,000
$42,000$44,999$3,000
$45,000$47,999$3,000
$48,000$49,999$2,000
$50,000$99,999$5,000
$100,000$199,999$10,000
$200,000$299,999$20,000
$300,000$319,999$20,000
$320,000$349,999$30,000
$350,000$379,999$30,000
$380,000$399,999$20,000
$400,000$419,999$20,000
$420,000$449,999$30,000
$450,000$479,999$30,000
$480,000$499,999$20,000
$500,000$999,999$50,000
$1,000,000+$50,000

General Conditions of Business

Accepted Forms of Payment:
Personal Check, Money Order / Cashiers Check, CASH ,we accept Visa and Master card credit cards, and wire transfers $5000 AND UP MUST BE PAID BY WIRE TRANSFER,CHECK, CASH, OR MONEY ORDER
CONDITION The majority of property offered at ESTATE AUCTION COMPANY comes directly from estates and private collections, and may show signs of use and age. The absence of condition remarks in the description DOES NOT mean the item is in perfect condition. We encourage you to thoroughly examine the property before bidding. If you cannot personally inspect a lot, you may request a Condition Report prior to bidding. This service is provided for guidance only, without legal obligation. All lots are sold "AS IS" and there will be NO RETURNS BASED ON CONDITION. Again, prospective buyers are in ALL CASES responsible for determining the physical condition of lots as there are NO RETURNS based on condition.

Shipping:
Auction House will recommend THE FOLLOWING shipper, at Buyer's expense for larger items we will ship smaller goods from in house raymiestrucking@yahoo.com 954-980-3454, or the u.p.s.store

Buyers Premium:
21.00%

Contract Information:
Bidding on any articles indicates acceptance of these terms. If any applicable conditions herein are not complied with by the purchaser, Estate Auction Company at its option may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser or (b) resell the property at public auction without reserve or minimum selling price, and the purchaser will be liable for any deficiency and costs, including handling charges, expenses of both sales, the commission on both sales at regular rates, all other charges due hereunder and incidental damages.

Payment Information:
PAYMENT - It is the buyer's responsibility to contact Estate Auction Company via telephone 954-921-2828 or email at info@estateauctionco.com to arrange payment. Estate auction company will email an invoice to you within 3 days from the date of the sale. We accept cashiers check, traveler's check, money orders, wire transfers and visa or master card. We reserve the right to require bank checks or certified checks for large purchases.

Shipping Information:
Estate Auction Company will ship small items via USPS Priority Mail. However we reserve the right to use a third party shipper at our discretion due to limitation of in-house shipping. It is the buyer's responsibility to pay all fees associated with shipping and packing. Estimates are available, contact us at Estate Auction Company. All property should be removed from our premises no later than 4:00 P.M.. of the third business day following the end of the auction unless prior arrangements have been made with Estate Auction Company. Items not removed by the specified time will be charged storage and handling fees of $10.00 per item per day until removal. Please note that removal deadlines are strictly enforced.

Taxes on your purchase:
All sales are subject to Florida and Broward County sales tax of 6.%, unless purchased for resale and proper tax exemption form has been completed, the purchaser must possess a valid tax-exempt number. Estate Auction Company must have a blanket exemption certificate with permit number and signature on any tax exempt sale.

Condition Information:
All property is sold "AS IS, WHERE IS" and neither Estate Auction Company nor the consignor makes any warranties or representations of any kind or nature with respect to property or its value, and in no event shall be responsible for the correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of property or estimate of value. No statement (oral or written) in this catalog, at the sale, or elsewhere shall be deemed such a warranty or representation, or any assumption of responsibility. All measurements are approximate. Antiques, by the very nature of their age, have wear that reflects their years of use. As a result, honest wear earned from use is to be expected and is sometimes the proof that an item is an antique. Normal wear will not be listed. Buyers who would like to know the fine points regarding condition should call.

Estate Auction Company - Terms & Conditions:
1. Payment: 21% Buyer's premium on all purchases if paid by cash or check, cash, traveler's check, certified check, personal check, wire transfer or Visa/mc.
2. As a convenience to customers, absentee bids and phone bids will be executed by Estate Auction Company personnel in a fair, competitive and confidential manner. Phone bid arrangements must be made 24 hours prior to start of the auction. Estate Auction Company will not be responsible for failure to execute absentee or phone bids. 3. All items are sold "AS IS, WHERE IS" with all faults. There are no warranties or representations of merchantability, of fitness, nor of any other kind, express or implied. All items are available for your examination before the item is moved to the podium before the sale. Written and oral descriptions are our opinions and should in no way be construed as a guarantee of any kind as to authenticity, age, condition, materials or any other feature of items being sold.Estate Auction Company attempts to catalog every lot correctly and will attempt to point out any defects but will not be responsible or liable for the correctness of the catalog or other descriptions of the lot. We recommend prospective bidders examine all items in which they have an interest. By placing a bid, either in person, by phone, absentee or via the Internet, you signify that you have examined the items as fully as you desire to or that you have chosen not to examine them. If you require absolute certainty in all areas of authenticity, and the results of your evaluation leave uncertainty in your mind, we recommend you have an expert examine the lot for you or do not bid on the item in question. If your item(s) are damaged in shipping, you will need to contact the shipper to file a claim. If your item(s) are being shipped and there is a condition problem upon receipt, you are expected to notify us immediately by phone at 954-921-2828. We do not give refunds! All sales are final! 4. All property is sold "AS IS, WHERE IS" and neither Estate Auction Company nor the consignor makes any warranties or representations of any kind or nature with respect to property or its value, and in no event shall be responsible for the correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of property or estimate of value. No statement (oral or written) in this catalog, at the sale, or elsewhere shall be deemed such a warranty or representation, or any assumption of responsibility. All measurements are approximate. Antiques, by the very nature of their age, have wear that reflects their years of use. As a result, honest wear earned from use is to be expected and is sometimes the proof that an item is an antique. Normal wear will not be listed. Buyers who would like to know the fine points regarding condition should call. 5.Estate Auction Company reserves the right to withdraw any lot at any time before the auction without liability and any of its employees reserve the right to bid on any merchandise offered in course of auction with the permission of Estate Auction Company. 6. The successful bidder is the highest bidder acknowledged by the auctioneer. In the event of any dispute between bidders, or in the event of doubt on part as to the validity of any bid, the auctioneer will have the final discretion either to determine the successful bidder or to re-offer and resell the article in dispute. If any dispute arises after the sale, Estate Auction Company sale record is conclusive. 7. The Auctioneer has the right to reject any raise of bid not commensurate with the value of the item being offered. Estate Auction Company reserves the right to establish a stated minimum bid, the right to reject or accept any or all bids, or the right to withdraw items from the auction before completion of the auction. The seller of the property may not withdraw lots without confirmation from Estate Auction Company If the seller requires a minimum bid, it must be stated in writing on this contract and approved by Estate auction Company. Also Estate Auction Company reserves the right to keep the merchandise until after the completion of the sale . 8. All sales are final and all items must be paid for each day of sale and buyer must have paid receipt to pick up items. All items must be paid for before taken from premises. The purchaser assumes full responsibility for items at the fall of the hammer. 9. SHIPPING -Estate Auction Company will ship small items via USPS or UPS. However we reserve the right to use a third party shipper at our discretion due to limitation of in-house shipping. It is the buyer's responsibility to pay all fees associated with shipping and packing. Estimates are available contact us at infoo@estateauctionco.com. All property should be removed from our premises no later than 4:00 P.M.. of the third business day following the end of the auction. Unless prior arrangements have been made with Estate auction company, items not removed by the specified time will be charged storage and handling fees of $10.00 per item per day until removal. Please note that removal deadlines are strictly enforced. 10. If we are prevented by fire, theft, or any other reason whatsoever from delivering any property to the purchaser, our liability shall be limited to the sum actually paid, by the purchaser for such property. 11. All sales are subject to Florida and Broward County sales tax of 6.%, unless purchased for resale and proper tax exemption form has been completed, the purchaser must possess a valid tax-exempt number. Estate Auction Company must have a blanket exemption certificate with permit number and signature on any tax exempt sale. 12. Bidding on any articles indicates acceptance of these terms. If any applicable conditions herein are not complied with by the purchaser,Estate Auction Company at its option may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser or (b) resell the property at public auction without reserve or minimum selling price, and the purchaser will be liable for any deficiency and costs, including handling charges, expenses of both sales, the commission on both sales at regular rates, all other charges due hereunder and incidental damages. 13. All items sold in numerical, cataloged order. 14. If you have any questions please contact our staff. 15. We follow all Federal Firearms Rules and Regulations. 16. These terms and conditions of sale, as well as the respective rights and obligations of Estate Auction Company and any purchasers or bidder at any sale of Estate Auction Company, shall be governed by and construed and enforced in accordance with the laws of the State of Florida. 17. The auctioneer is licensed and regulated by The Florida Department of Regulatory Protection - Auction Division. Antiques, by the very nature of their age, have wear that reflects their years of use. As a result, honest wear earned from use is to be expected and is sometimes the proof that an item is an antique. Normal wear will not be listed. Buyers who would like to know the fine points regarding condition should call. We would prefer that you examine the items before you place a bid. All items are sold "as is" . ONLINE BIDDING 2. PAYMENT - It is the buyer's responsibility to contact Estate Auction Company via telephone 954-921-2828 or email at info@estateauctionco.com to arrange payment. Estate Auction Company will email an invoice to you within 3 days from the date of the sale. We accept cashiers check, traveler's check, money orders, wire transfers visa m/c, If you have not contacted Estate auction Company to arrange payment within 72 hours of time that invoice is sent, we will charge the credit card you used to register for the auction for the amount of your invoice. We reserve the right to require bank checks or certified checks for large purchases. 3. A range of estimates is given on each lot with a low and a high estimate. Estimates should not be relied on as a prediction of the actual selling price, Estimates are simply an opinion. We require payment to be received by us no later than 3 days after the auction. Credit Card - Shipped without delay. Money Order - Shipped when we receive payment. Personal Check - Shipped after check has cleared (2 weeks) If payment is not received within 7 days your Credit Card will be charged and the merchandise shipped. Absentee Bids are accepted with a 18% buyers premium on all Absentee Bids. There is a 21% buyer's premium if paid by Credit Card . We do competitive bidding on all absentee bids. All Absentee Bids/Phone Bids must be submitted 24 hours before sale time. All online absentee bids must be accompanied by a valid Credit Card Number with its Expiration Date. We do reserve the right to verify the said card has at least the amount of the bid available in credit/and or charge $1.00 verification fee for new bidders. We do not require the purchase be made with the credit card. If the bidder were to win the item we will contact the bidder to verify method of payment and shipping information. We will contact the winning absentee bidder by telephone. If no answer we will leave a message if possible. If we cannot make contact we will charge your credit card and ship the merchandise to the mailing address on file. All sales are subject to Florida and Broward County sales tax. Florida residents purchasing the items for resale must provide proper tax exemption information to have sales tax waived. Sales tax will Not be charged on all items shipped out of state. Bidding indicates acceptance

Shipping Terms

Auction House will help arrange shipment, at buyer's expense

Credit Cards, surcharge

A credit card administration fee applies. The fees are 2% for Visa and Mastercard, 1.43% for Union Pay, and 3.02% for American Express.

Premium

Unless otherwise stated in the Catalogue, the Buyer shall pay the Company the Premium. The Buyer acknowledges that the Company may also receive a Seller's Commission.

Taxes

Please note that a Goods and Services Tax (GST) of 10% is applicable to the Buyer's Premium. Certain lots may incur GST on the hammer price. Please contact Sotheby's Australia for more information enquiries@sothebysaustralia.com.au +61 3 9508 9900.