CONDITIONS OF SALE
CONDITIONS OF SALE
The following Conditions of Sale and Terms of Guarantee are Sotheby's, Inc. and the Consignor's entire agreement with the purchaser and any bidders relative to the property listed in this catalogue.
The Conditions of Sale, Terms of Guarantee, the glossary, if any, and all other contents of this catalogue are subject to amendment by us by the posting of notices or by oral announcements made during the sale. The property will be offered by us as agent for the Consignor, unless the catalogue indicates otherwise.
By partici-pating in any sale, you acknowledge that you are bound by these terms and conditions.
1.As Is
Goods auctioned are often of some age. The authenticity of the Authorship (as defined below) of property listed in the catalogue is guaranteed as stated in the Terms of Guarantee and except for the Limited Warranty contained therein, all property is sold "AS IS" without any representations or warranties by us or the Consignor as to merchantability, fitness for a particular purpose, the correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, provenance, exhibitions, literature or historical relevance of any property and no statement anywhere, whether oral or written, whether made in the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, or elsewhere, shall be deemed such a warranty, representation or assumption of liability. We and the Consignor make no representations and warranties, express or implied, as to whether the purchaser acquires any copyrights, including but not limited to, any reproduction rights in any property. We and the Consignor are not responsible for errors and omissions in the catalogue, glossary, or any supplemental material.
2.Inspection
Prospective bidders should inspect the property before bidding to determine its condition, size, and whether or not it has been repaired or restored.
3.Buyer's Premium
A buyer's premium will be added to the hammer price and is payable by the purchaser as part of the total purchase price. The buyer's premium is 25% of the hammer price up to and including $200,000, 20% of any amount in excess of $200,000 up to and including $3,000,000, and 12% of any amount in excess of $3,000,000.
4.Withdrawal
We reserve the right to withdraw any property before the sale and shall have no liability whatsoever for such withdrawal.
5.Per Lot
Unless otherwise announced by the auctioneer, all bids are per lot as numbered in the catalogue.
6.Bidding
We reserve the right to reject any bid. The highest bidder acknowledged by the auctioneer will be the purchaser. The auctioneer has absolute and sole discretion in the case of error or dispute with respect to bidding, and whether during or after the sale, to determine the successful bidder, to re-open the bidding, to cancel the sale or to re-offer and re-sell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. In our discretion we will execute order or absentee bids and accept telephone bids and online bids via BIDnow, eBay or other online platforms as a convenience to clients who are not present at auctions; Sotheby's is not responsible for any errors or omissions in connection there-with. Prospective bidders should also consult sothebys.com for the most up to date cataloguing of the property in this catalogue.
By participating in the sale, you represent and warrant that any bids placed by you, or on your behalf, are not the product of any collusive or other anti-competitive agreement and are otherwise consistent with federal and state antitrust law.
In order to bid on "Premium Lots" you must complete the required Premium Lot pre-registration application. Sotheby's decision whether to accept any pre-registration application shall be final. You must arrange for Sotheby's to receive your pre-registration application at least three working days before the sale. Please bear in mind that we are unable to obtain financial references over weekends or public holidays.
Sotheby's may require such necessary financial references, guarantees, deposits and/or such other security, in its absolute discretion, as security for your bid(s).
7.Online Bids via BIDnow or other Online Platforms:
Sotheby's may offer clients the opportunity to bid online via BIDnow, eBay or other Online Platforms for selected sales. By participating in a sale via any of these Online Platforms, you acknowledge that you are bound by these Conditions of Sale as well as the Additional Terms and Conditions for Live Online Bidding ("Online Terms"). By participating in a sale via any Online Platform, Bidders accept the Online Terms, as well as the relevant Conditions of Sale. Online bidding may not be available for Premium Lots.
8.Bids Below Reserve
If the auctioneer determines that any opening bid is below the reserve of the article offered, he may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he determines that any advance thereafter is insufficient, he may reject the advance.
9.Purchaser's Responsibility
Subject to fulfillment of all of the conditions set forth herein, on the fall of the auctioneer's hammer, the contract between the consignor and the purchaser is concluded, and the winning bidder thereupon will immediately pay the full purchase price or such part as we may require. Title in a purchased lot will not pass until Sotheby's has received the full purchase price in cleared funds. The purchaser's obligation to immediately pay the full purchase price or such part as we may require is absolute and unconditional and is not subject to any defenses, setoffs or counterclaims of any kind whatsoever. Sotheby's is not obligated to release a lot to the purchaser until title to the lot has passed and any earlier release does not affect the passing of title or the Purchaser's unconditional obligation to pay the full purchase price. In addition to other remedies available to us by law, we reserve the right to impose from the date of sale a late charge of the annual percentage rate of Prime + 6% of the total purchase price if payment is not made in accordance with the conditions set forth herein. Please note Sotheby's reserves the right to refuse to accept payment from a source other than the buyer of record.
Unless otherwise agreed by Sotheby's, all property must be removed from our premises by the purchaser at his expense not later than 30 calendar days following its sale. Buyers are reminded that Sotheby's liability for loss or damage to sold property shall cease no later than 30 calendar days after the date of the auction. If any applicable conditions herein are not complied with by the purchaser, the purchaser will be in default and in addition to any and all other remedies available to us and the Consignor by law, including, without limitation, the right to hold the purchaser liable for the total purchase price, including all fees, charges and expenses more fully set forth herein, we, at our option, may (x) cancel the sale of that, or any other lot or lots sold to the defaulting purchaser at the same or any other auction, retaining as liquidated damages all payments made by the purchaser, or (y) resell the purchased property, whether at public auction or by private sale, or (z) effect any combination thereof. In any case, the purchaser will be liable for any deficiency, any and all costs, handling charges, late charges, expenses of both sales, our commissions on both sales at our regular rates, legal fees and expenses, collection fees and incidental damages. We may, in our sole discretion, apply any proceeds of sale then due or thereafter becoming due to the purchaser from us or any affiliated company, or any payment made by the purchaser to us or any affiliated company, whether or not intended to reduce the purchaser's obligations with respect to the unpaid lot or lots, to the deficiency and any other amounts due to us or any affiliated companies. In addition, a defaulting purchaser will be deemed to have granted and assigned to us and our affiliated companies, a continuing security interest of first priority in any property or money of or owing to such purchaser in our possession, custody or control or in the possession, custody or control of any of our affiliated companies, in each case whether at the time of the auction, the default or if acquired at any time thereafter, and we may retain and apply such property or money as collateral security for the obligations due to us or to any affiliated company of ours. We shall have all of the rights accorded a secured party under the New York Uniform Commercial Code. You hereby agree that Sotheby's may file financing statements under the New York Uniform Commercial Code without your signature. Payment will not be deemed to have been made in full until we have collected good funds. Any claims relating to any purchase, including any claims under the Conditions of Sale or Terms of Guarantee, must be presented directly to Sotheby's. In the event the purchaser fails to pay any or all of the total purchase price for any lot and Sotheby's nonetheless elects to pay the Consignor any portion of the sale proceeds, the purchaser acknowledges that Sotheby's shall have all of the rights of the Consignor to pursue the purchaser for any amounts paid to the Consignor, whether at law, in equity, or under these Conditions of Sale.
10.Reserve
All lots in this catalogue are offered subject to a reserve, which is the confidential minimum hammer price at which a lot will be sold. No reserve will exceed the low presale estimate stated in the catalogue, or as amended by oral or posted notices. We may implement such reserve by opening the bidding on behalf of the Consignor and may bid up to the amount of the reserve, by placing successive or consecutive bids for a lot, or bids in response to other bidders. In instances where we have an interest in the lot other than our commission, we may bid up to the reserve to protect such interest. In certain instances, the Consignor may pay us less than the standard commission rate where a lot is "bought-in" to protect its reserve.
11.Tax
Unless exempted by law, the purchaser will be required to pay the combined New York State and local sales tax, any applicable compensating use tax of another state, and if applicable, any federal luxury or other tax, on the total purchase price. The rate of such combined tax is 8.875% in New York City and ranges from 7% to 8.625% elsewhere in New York.
12.Export and Permits
It is the purchaser's sole responsibility to identify and obtain any necessary export, import, firearm, endangered species or other permit for the lot. Any symbols or notices in the sale catalogue reflect Sotheby's reasonable opinion at the time of cataloguing and are for bidders' general guidance only; Sotheby's and the Consignor make no representations or warranties as to whether any lot is or is not subject to export or import restrictions or any embargoes.
13.Governing Law and Jurisdiction
These Conditions of Sale and Terms of Guarantee, as well as bidders', the purchaser's and our respective rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of New York. By bidding at an auction, whether present in person or by agent, order bid, telephone, online or other means, all bidders including the purchaser, shall be deemed to have consented to the exclusive jurisdiction of the state courts of, and the federal courts sitting in, the State of New York. All parties agree, however, that Sotheby's shall retain the right to bring proceedings in a court other than the state and federal courts sitting in the State of New York.
14.Packing and Shipping
We are not responsible for the acts or omissions in our packing or shipping of purchased lots or of other carriers or packers of purchased lots, whether or not recommended by us. Packing and handling of purchased lots is at the entire risk of the purchaser.
15.Limitation of Liability
In no event will our liability to a purchaser exceed the purchase price actually paid.
16.Data Protection
Sotheby's will use information provided by its clients (or which Sotheby's otherwise obtains from eBay or other sources relating to its clients) for the provision of auction and other art-related services, loan services, client administration, marketing and otherwise to manage and operate its business, or as required by law, in accordance with Sotheby's Privacy Policy. This will include information such as the client's name and contact details, proof of identity, financial information, records of the client's transactions, and preferences. Some gathering of information about Sotheby's clients will take place using technical means to identify their preferences in order to provide a higher quality of service to them. Sotheby's may also disclose the client information to other Sotheby's Companies and/or third parties acting on their behalf to provide services for these purposes.
Sometimes, Sotheby's may also disclose this information to carefully selected third parties for their own marketing purposes. If you do not wish your details to be used for this purpose, please email enquiries@sothebys.com.
If the client provides Sotheby's with information that is defined by European data protection laws as "sensitive", the client agrees that it may be used for the purposes set out above.
In the course of these disclosures, personal data collected in the European Economic Area may be disclosed to countries outside the European Economic Area. Although such countries may not have legislation that protects a client's personal information, Sotheby's shall take great care to keep such information secure and in accordance with European data protection principles. By agreeing to these Conditions of Business, the client is agreeing to such disclosure.
Please be aware that Sotheby's may film auctions or other activities on Sotheby's premises and that such recordings may be transmitted over the Internet via Sotheby's website, the eBay website and other Online Platforms. Telephone bids may be recorded.
Under European data protection laws, a client may object, by request and free of charge, to the processing of their information for certain purposes, including direct marketing, and may access and rectify personal data relating to them and may obtain more information about Sotheby's data protection policies by writing to Sotheby's, 34-35 New Bond Street, London W1A 2AA, or 1334 York Avenue, New York, NY 10021, Attn: Compliance, or emailing enquiries@sothebys.com. Sotheby's use of information collected about eBay users may differ and is governed by the terms of the eBay Privacy Policy and Sotheby's on eBay Live Auction Platform Privacy Policy, which can be found on the Sotheby's on eBay Live Auction Website.
CONDICIONES DE VENTA
Las siguientes Condiciones de Venta y Términos de Garantía constituyen el acuerdo entre Sotheby's, Inc. y el Vendedor por una parte y el comprador y otros participantes en la subasta, por otra, respecto de las piezas listadas en este catálogo. Las Condiciones de Venta, los Términos de Garantía, el glosario, si existiese, y todo el contenido de este catálogo están sujetos a modificaciones a través de notificaciones o anuncios orales efectuados durante la subasta. Ofreceremos las piezas en nuestra calidad de agentes del Vendedor, a menos que el catálogo indique lo contrario.
1. Venta "En el Estado En Que Se Encuentra"
A menudo, las piezas objeto de subasta tienen cierta antigüedad. La autenticidad de la Autoría (según se define a continuación) de la propiedad mecionada en el catálogo está garantizada conforme a lo estipulado en los Términos de Garantía y, con la excepción de la Garantía Limitada contenida en dichos términos, toda pieza es vendida "EN EL ESTADO EN QUE SE ENCUENTRA", sin ningún tipo de declaración ni garantía de nuestra parte o por parte del Vendedor respecto de su comerciabilidad, aptitud para un propósito determinado, el grado de certeza del catálogo u otra descripción sobre condición física, tamaño, calidad, rareza, importancia, medio, procedencia, presentación en exposiciones o importancia literaria o histórica de cualquier pieza, y ninguna declaración realizada en cualquier lugar, sea oral o escrita, en este catálogo o en un anuncio publicitario, un certificado de venta, anuncio o aviso en la sala de subastas, o en cualquier otro lugar, podrá ser considerada como una garantía, declaración o asunción de responsabilidad. Ni el Vendedor ni nosotros efectuamos declaración o garantía alguna, expresa o implícita, con respecto a la adquisición o no por parte del Comprador de derecho alguno de propiedad intelectual, incluídos, entre otros, derechos de reproducción sobre cualquier pieza. Ni el Vendedor ni nosotros aceptamos responsabilidad alguna por errores u omisiones contenidos en el catálogo, glosario o cualquier material complementario.
2.Inspeccion
Los potenciales oferentes deberán inspeccionar las piezas antes de presentar sus ofertas a fin de determinar su condición, tamaño y constatar si las mismas han sido reparadas o restauradas.
3.Comisión aplicada al Comprador
Al precio de martillo se le agregará una comisión cumulativa que pagará el comprador como parte del precio total de compra. La comisión del comprador es el 25% del precio de martillo hasta e incluyendo el monto de $100,000 ; 20% de cualquier monto por encima de 100,000 hasta e incluyendo $2,000.000 y 12% de cualquier monto por encima de $2,000,000
4.Retirada de Lotes
Nos reservamos el derecho de retirar cualquier pieza antes de la venta, sin asumir por ello responsabilidad alguna.
5.Oferts por Lote
A menos que el subastador anuncie lo contrario, todas las ofertas habrán de realizarse por lote según la numeración indicada en el catálogo.
6.Oferentes
Nos reservamos el derecho de rechazar cualquier oferta. El oferente que efectúe la oferta más alta aceptada por el subastador será considerado el comprador. Los oferentes acuerdan que Noortman Master Paintings, ("Noortman"), subsidiaria independiente de Sotheby's, tendrá opción a efectuar una oferta y/o compra de cualquier lote. No aceptamos responsabilid alguna por cualquier error u omisión que pudiera producirse, relacionados con las mismas. A nuestro criterio, ejecutaremos las licitaciones por pedido o ausentes y aceptaremos licitaciones mediante llamadas telefónicas y por Internet a través de BIDnow como una comodidad para los clientes que no se encuentren presentes en las subastas; Los potenciales oferentes deberán así mismo acceder a sothebys.com para consultar la descripción y catalogación más reciente de dicha pieza.
Mediante su participación en la subasta, el oferente manifiesta y garantiza que ninguna de sus ofertas son el producto de un acuerdo colutorio o contrario a la competencia y no incumplen la normativa antitrust federal y estatal.
A fin de hacer una oferta en Lotes Premium usted debe completar la solicitud pre-registro para Lotes requerida. La decisión de Sotheby's sobre la aceptación o no de una solicitud de pre-registro es final. Usted debe asegurarse de que Sotheby's reciba la solicitud de pre-registro por lo menos tres días hábiles antes de la venta.
Por favor tenga presente que no podemos obtener referencias financieras los fines de semana o en feriados.
Sotheby's puede requerir referencias financieras, depósitos y/o cualquier otra garantía a su absoluta discreción como garantía por su(s) oferta(s).
7.Licitaciones por Internet a través de BIDnow
Sotheby's puede ofrecerles a los clientes la oportunidad de licitar por Internet a través de BIDnow para ventas seleccionadas. Al participar en una venta a través de BIDnow, usted reconoce que está obligado por estas Condiciones de Venta, como también a los Términos y Condiciones adicionales para la licitación en directo por Internet a través de BIDnow (los "Términos de Internet"). Los Términos de Internet se pueden ver en www.sothebys.com y se solicitará a los licitadores que utilizan BIDnow que acepten los Términos de Internet, como también las Condiciones de Venta relevantes, antes de que participen en la venta
El sistema "bid now online" para hacer ofertas no está disponible para lotes Premium
8.Ofertas Inferiores a la Reserva
Si el subastador estima que una oferta inicial es inferior a la reserva de la pieza ofrecida, el mismo podrá rechazar la misma y retirar la pieza de la venta, y si, habiendo aceptado la oferta inicial, decidiera que el incremento ofrecido es insuficiente, puede rechazar dicho incremento.
9.Obligaciones del Comprador
Sujeto al cumplimiento de todas las condiciones estipuladas en el presente, al golpe de martillo del subastador, el to contrato entre el Vendedor y el comprádor queda perfeccionado, y, acto seguido, el licitador que resulte ganador pagará inmediatamente el precio de compra completo o una parte según se lo solicitemos. (a) asume total riesgo y responsabilidad por el lote (incluyendo, a modo enunciativo, responsabilidad por o daños a marcos o cristales que recubran reproducciones, cuadros u otras obras) y (b) abonará inmediatamente el precio total de compra o la porción del mismo que requiramos. La propiedad del lote adquirido no se transferirá al comprador hasta que Sotheby's haya recibido el precio de venta en su totalidad en fondos disponibles. Sotheby's no viene obligada a entregar un lote al Comprador hasta que la propiedad del mismo no se haya transferido a éste, y la entrega de un lote al Comprador con anterioridad a la transferencia de propiedad no afecta en modo alguno a la transferencia de la propiedad o a la obligación incondicional del comprador de abonar el precio de venta en su totalidad. Además de los recursos judiciales de que disponemos por ley, nos reservamos el derecho de imponer, a partir de la fecha de venta, un recargo del porcentaje anual de Prime + 6% del precio total de compra por demora en el pago en el caso de que el mismo no sea efectuado de acuerdo con las presentes condiciones aquí estipuladas.
Por favor tenga presente que Sotheby's se reserva el derecho a rechazar pagos de una fuente distinta al comprador registrado.
A menos que Sotheby's haya acordado lo contrario, el comprador, de su propio bolsillo, debe retirar todos los bienes de nuestras instalaciones antes de los 30 días calendario posteriores a su venta. Se les recuerda a los compradores que la responsabilidad de Sotheby's por pérdida o daño de los bienes vendidos terminará a más tardar 30 días calendario posteriores a la fecha de la subasta. En caso de que el comprador no cumpla cualquiera de estas condiciones, el comprador incurrirá en incumplimiento y sin perjuicio de cualquier ofro recurso que el Vendedor y nosotros dispongamos por ley, incluídos, entre otros, el derecho de considerar al comprador responsable por el precio total de compra, incluídos todos los honorarios, las tarifas y comisiones y los gastos establecidos en el presente, vendremos discrecionalmente facultados a: (x) cancelar la venta de ese o cualquier otro lote u otros lotes vendidos a ese comprador en dicha subasta o en cualquier otro remate, reteniendo en carácter de daños compensatorios todos los pagos efectuados por el comprador, o (y) volver a ofrecer en venta la pieza en cuestión, ya sea en subasta pública o por medio de una venta privada, o (z) efectuar una combinación de ambos procedimientos. En todo caso, el comprador vendrá obligado a satisfacer el importe restante, asumiendo todos los costos, recargos administrativos, recargos por demora en el pago, gastos de ambas compras, nuestras comisiones por ambas ventas al valor de las tarifas habituales, honorarios y costos legales, comisiones de cobro y daños incidentales. Podremos, discrecionalmente, aplicar cualquier importe obtenido por la venta de una pieza que el comprador haya vendido, pagadero en ese momento o que ulteriormente resulte pagadero al vendedor por nuestra parte o por cualquiera de nuestras companías afiliada, o cualquier pago realizado por el comprador a nosotros o a cualquiera de nuestras companías afiliadas, ya sea o no al objeto de reducir el importe adendado por el comprador con respecto al lote o a los lotes pendientes de pago o al resto impagado o a cualquier otra cantidad adeudada a nosotros o a cualquiera de nuestras companías afiliadas. Además, se entenderá que el comprador que haya incurrido en incumplimiento nos ha otorgado y cedido, tanto a nosotros como a cualquiera de nuestras companías afiliadas, un derecho de garantía real contínuo de primera prioridad (privilegio de primer grado) sobre cualquier pieza o dinero propiedad del comprador o adeudado al mismo que esté en nuestra posesión o en la posesión de cualquiera de nuestras companías afiliadas, y podremos retener y aplicar dicha propiedad o dinero como garantía del cumplimiento de las obligaciones del compradora frente a nosotros o a cualquiera de nuestras companías afiliadas. Nosotros tendremos todos los derechos que corresponden a una parte garantizada conforme al Código Comercial Uniforme de Nueva York. Sotheby's puede presentar documentos registrables ("financing statements") de acuerdo con el Código Comercial Uniforme de Nueva York sin la firma del comprador. El pago no será considerado completo hasta que no hayamos cobrado fondos en efectivo. Cualquier reclamo relacionado con las compras, incluyendo reclamos bajo los Condiciones de Venta o Condiciones de Garantia, deben ser presentados directamente a Sotheby's. En el supuesto de que el comprador no efectuara el pago del precio total de compra correspondiente a un lote y Sotheby's no obstante procediera a abonar al Vendedor cualquier porción del producto de venta, el comprador reconoce que Sotheby's podrá subrogarse en el derecho (ya sea por ley o en equidad o según los términos de estas Condiciones de Venta) del Vendedor a reclamar al comprador el pago del importe satisfecho al Vendedor.
10.Reserva
Todos los lotes incluidos en este catálogo se ofrecen a la venta sujetos a una reserva, que es el precio mínimo confidencial al que el lote será vendido. La reserva no podrá exceder la estimación mínima pre-venta indicada en el catálogo, o según resulte modificada mediante anuncio oral o escrito. Podremos asegurar la reserva abriendo la subasta en nombre del Vendedor y realizando ofertas hasta el importe de la reserva en nombre del Vendedor mediante pujas sucesivas o consecutivas por un lote, o en respuesta a ofertas efectuadas por otros oferentes. En aquellos casos en que ostentemos algún derecho sobre el lote distinto de nuestra comisión, podremos pujar hasta el importe de la reserva para proteger dicho derecho. En ciertas circunstancias, el Vendedor podrá abonarnos una suma inferior a la comisión standard cuando un lote resulte invendido para proteger su reserva.
11.Impuestos
A menos que esté exento por ley, el Comprador estará obligado a pagar sobre el precio total de venta, el impuesto combinado a las ventas y del Estado de Nueva York, el impuesto compensatorio sobre el uso de bienes que corresponda a otro estado si fuera aplicable, el impuesto federal sobre bienes de lujo y cualquier otro impuesto que resulte de aplicación. La tasa de dicho impuesto combinado en la ciudad de Nueva York es de 8.875% y oscila entre 7% y 9.5% en cualquier otra parte del Estado de Nueva York.
12.Exportación y permisos
Es responsabilidad exclusiva del comprador la identificación y obtención de todos los permisos necesarios de exportación, importación, arma de fuego, especies en peligro de extinción o de cualquier otro tipo de permiso para el lote. Todos los símbolos o avisos en el catálogo de venta reflejan la opinión razonable de Sotheby's al momento de creación del catálogo y su propósito es únicamente brindar una guía general a los licitadores; Sotheby's y el consignatario no ofrecen ninguna declaración o garantía en cuanto a la posibilidad de que un lote esté sujeto o no a las restricciones de exportación o importación o cualquier tipo de embargo.
13.Ley y Jurisdiccion Aplicables
Estas Condiciones de Venta y los Términos de Garantía, así como los derechos y obligaciones del Comprador, otros participantes en la subasta y nuestros, respectivamente, conforme a lo estipulado en estas Condiciones, estarán regidos por las leyes del Estado de Nueva York y deberán interpretarse y ejecutarse de acuerdo con las mismas. Al efectuar una oferta en una subasta, ya sea personalmente o por medio de un agente, por poder, via telefónica por Internet o cualquier otro medio, se considerará que todos los participantes en la subasta, incluido el comprador han aceptado someterse a la jurisdicción exclusiva de los tribunales del estado de Nueva York y a los tribunales federales que tengan sede en el mismo. Todas las partes acuerdan, no obstante, que Sotheby's se reserva el derecho a iniciar actuaciones judiciales ante tribunales distintos de los del estado de Nueva York y los tribunales federales que tengan sede en el mismo.
14.Embalaje Y Envio
No aceptamos responsabilidad alguna por los actos u omisiones en nuestro embalaje o envío de los lotes comprados ni tampoco por los actos u omisiones de terceros transportistas o embaladores de lotes adquiridos, recomendados o no por nosotros. El embalaje y la manipulación de lotes adquiridos se efectúan enteramente a riesgo del comprador.
15.Limitacion de Responsabilidad
En ningún caso nuestra responsabilidad frente al comprador excederá el precio de compra efectivamente pagado.
16.Proteccion de Datos Personales
Sotheby's utilizará la información proporcionada por sus clientes u obtenida por Sotheby's relativa a los mismos para la provisión de servicios relativos a subasta y otros servicios relacionados con el mercado del arte, el mercado inmobiliario, seguros, administración de clientes, marketing y para la dirección y gestión de sus negocios, o según requerido por la ley. La obtención de datos relativos a clientes puede tener lugar en ocasiones mediante el uso de medios técnicos a fin de permitir a Sotheby's identificar sus preferencias y proporcionarles un mayor nivel de calidad de servicio. Dichos datos pueden ser obtenidos por Sotheby's mediante imágenes de video o a través del uso de aparatos de grabación de conversaciones telefónicas.
Sotheby's procederá generalmente a solicitar el consentimiento expreso del cliente previa la obtención de datos de carácter personal, salvo en aquellos casos en que no esté legalmente obligada a ello. Sotheby's podrá usar cuanta información personal le hubiera sido proporcionada por el propio cliente.
Mediante la aceptación por el cliente de estas Condiciones de Venta, éste autoriza expresamente el procesamiento de sus datos personales, asi como la divulgación y transferencia de dichos datos a cualquier afiliado de Sotheby's y a terceros en cualquier lugar del mundo a los efectos antes indicados, incluyendo aquellos países que carezcan de protección equivalente a la existente en los Estados Unidos en el tratamiento de datos personales. El cliente puede impedir el uso de sus datos personales para marketing en cualquier momento previa notificación a Sotheby's al efecto.
TERMS OF GUARANTEE
As set forth below and in the Conditions of Sale, for all lots Sotheby's guarantees that the authorship, period, culture or origin (collectively, "Authorship") of each lot in this catalogue is as set out in the BOLD or CAPITALIZED type heading in the catalogue description of the lot, as amended by oral or written salesroom notes or announcements. Purchasers should refer to the Glossary of Terms, if any, for an explanation of the terminology used in the Bold or Capitalized type heading and the extent of the Guarantee. Sotheby's makes no warranties whatsoever, whether express or implied, with respect to any material in the catalogue other than that appearing in the Bold or Capitalized heading and subject to the exclusions below.
In the event Sotheby's in its reasonable opinion deems that the conditions of the Guarantee have been satisfied, it shall refund to the original purchaser of record the hammer price and applicable Buyer's Premium paid for the lot by the original purchaser of record.
This Guarantee does not apply if: (i) the catalogue description was in accordance with the opinion(s) of generally accepted scholar(s) and expert(s) at the date of the sale, or the catalogue description indicated that there was a conflict of such opinions; or (ii) the only method of establish-ing that the Authorship was not as described in the Bold or Capitalized heading at the date of the sale would have been by means or processes not then generally available or accepted; unreasonably expensive or impractical to use; or likely (in Sotheby's reasonable opinion) to have caused damage to the lot or likely to have caused loss of value to the lot; or (iii) there has been no material loss in value of the lot from its value had it been in accordance with its description in the Bold or Capitalized type heading.
This Guarantee is provided for a period of five (5) years from the date of the relevant auction, is solely for the benefit of the original purchaser of record at the auction and may not be transferred to any third party. To be able to claim under this Guarantee of Authorship, the original purchaser of record must: (i) notify Sotheby's in writing within three (3) months of receiving any information that causes the original purchaser of record to question the accuracy of the Bold or Capitalized type heading, specifying the lot number, date of the auction at which it was purchased and the reasons for such question; and (ii) return the Lot to Sotheby's at the original selling location in the same condition as at the date of sale to the original purchaser of record and be able to transfer good title to the Lot, free from any third party claims arising after the date of such sale.
Sotheby's has discretion to waive any of the above requirements. Sotheby's may require the original purchaser of record to obtain at the original purchaser of record's cost the reports of two independent and recognized experts in the field, mutually acceptable to Sotheby's and the original purchaser of record. Sotheby's shall not be bound by any reports produced by the original purchaser of record, and reserves the right to seek additional expert advice at its own expense. It is specifically understood and agreed that the rescission of a sale and the refund of the original purchase price paid (the successful hammer price, plus the buyer's premium) is exclusive and in lieu of any other remedy which might otherwise be available as a matter of law, or in equity. Sotheby's and the Consignor shall not be liable for any incidental or consequential damages incurred or claimed, including without limitation, loss of profits or interest.
CONDICIONES DE GARANTIA
Según se expone a continuación y en las Condiciones de Venta, Sotheby's garantiza en relación con todos sus lotes que la autoría, el período, la cultura o el origen (conjuntamente, la "Auto ría") de cada lote de este catálogo es la indicada en el encabezamiento en NEGRITAS y MAYÚSCULAS de la descripción del lote en el catálogo, incluidas modificaciones efectuadas en notas orales o escritas de la sala de ventas o mediante avisos. Los compradores deberán consultar el Glosario de Términos, si lo hubiere, para ver una explicación de la terminología usada en el encabezamiento en negritas y mayúsculas y el alcance de la Garantía. Sotheby's no concede garantías de ningún tipo, ya sean expresas o implícitas, respecto a ningún material del catálogo, salvo la que aparece en el encabezamiento en negritas o mayúsculas y con sujeción a las exclusiones que figuran a continuación.
En el supuesto de que Sotheby's, a su juicio razonable, considere que se han satisfecho las condiciones de la Garantía, reembolsará al comprador original registrado el precio de adjudicación y la correspondiente Prima de Comprador pagada por el lote por parte del comprador original registrado.
Esta Garantía no es aplicable si: (i) la descripción del catálogo se ajustaba a la opinión u opiniones de uno o varios académicos y expertos generalmente aceptados a la fecha de venta, o la descripción del catálogo indicaba la existencia de un conflicto entre dichas opiniones; o (ii) el único método de determinar que la Autoría no se correspondía con la descripción en el encabezamiento en negritas y mayúsculas a la fecha de la venta habría conllevado el uso de medios o procesos no disponibles o aceptados generalmente en ese momento, irrazonablemente caros o imposibles de poner en práctica, o que, previsiblemente (segun elcriterio razonable de Sotheby's), pudieran causar daño al lote o pudieran causar pérdida de valor del lote; o (iii) no ha habido ninguna pérdida sustancial de valor del lote respecto del que tendría si se hubiera ajustado a la descripción del encabezamiento en negritas y mayúsculas.
Esta Garantía tendrá una vigencia de cinco (5) años desde la fecha de la subasta correspondiente, opera exclusivamente en beneficio del comprador original registrado en la subasta y no puede ser cedida a ningún tercero. Para poder reclamar al amparo de esta Garantía de Autoría, el comprador original registrado debe: (i) notificar a Sotheby's por escrito en el plazo de tres (3) meses a contar desde la recepción por parte del comprador original registrado de información que haga que éste cuestione la exactitud del encabezamiento en negritas y mayúsculas, especificando el número de lote, la fecha de la subasta en que se compró y los motivos para cuestionar dicha exactitud; y (ii) devolver el lote a Sotheby's en el lugar original de venta y en la misma condición en que se encontraba a la fecha de venta por el comprador original registrado, y estar en situación de transmitir la titularidad del lote, libre de cualesquiera reclamaciones de terceros que se hayan producido después de la fecha de dicha venta.
Sotheby's podrá discrecionalmente eximir de cualquiera de los requisitos antes citados. Sotheby's puede exigir al comprador original registrado que obtenga, a costa de éste último, los informes de dos expertos independientes y reconocidos en su campo, aceptables tanto para Sotheby's como para el comprador original registrado. Sotheby's no estará vinculada por ningún informe presentado por el comprador original registrado, y se reserva el derecho de recurrir a asesoramiento experto adicional a su propia costa.
Se entiende y acuerda específicamente que la resolución de una venta y el reembolso del precio pagado en la compra original (el precio de adjudicación, más la prima de comprador) excluyen y sustituyen a cualquier otro derecho o acción que pudiera estar disponible en derecho o en equidad. Ni Sotheby's ni el vendedor serán responsables de daños accesorios o emergentes soportados o reclamados, incluyendo, pero sin limitarse a, la pérdida de beneficios o intereses.
ADDITIONAL TERMS AND CONDITIONS FOR LIVE ONLINE BIDDING
The following terms and conditions (the "Conditions") provide important information related to live online bidding via BIDnow, eBay, and any other Online Platform through which bidding is made available ("Online Platforms").
These Conditions are in addition to and subject to the same law and our standard terms and conditions of sale, including the authenticity guarantee and any other terms and are not intended in any way to replace them. By participating in this sale via any Online Platform, you acknowledge that you are bound by the Conditions of Sale applicable in the relevant sale and by these additional Conditions.
1.The procedure for placing bids via Online Platforms is a one-step process; as soon as the "Bid Now" button is clicked, a bid is submitted. By placing a bid via any Online Platform, you accept and agree that bids submitted in this way are final and that you will not under any circumstances be permitted to amend or retract your bid. If a successful bid is sent to Sotheby's from your computer, phone, tablet, or any other device, you irrevocably agree to pay the full purchase price, including buyer's premium and all applicable taxes and other applicable charges.
2.If you have the leading bid, it will be indicated on the screen with the statement "Bid with you" (on BIDNow) or "You're the highest bidder" (on eBay). If a bid is placed online simultaneously with a bid placed by a bidder in the room or on the telephone (a "floor" bid), the "floor" bid generally will take precedence; the auctioneer will have the final discretion to determine the successful bidder or to reopen bidding. The auctioneer's decision is final.
3.The next bidding increment is shown on the screen for your convenience. The auctioneer has discretion to vary bidding increments for bidders in the auction room and on the telephones, but bidders using Online Platforms may not be able to place a bid in an amount other than a whole bidding increment. All bidding for this sale will be in the domestic currency of the sale location, and online bidders will not be able to see the currency conversion board that may be displayed in the auction room.
4.The record of sale kept by Sotheby's will be taken as absolute and final in all disputes. In the event of a discrepancy between any online records or messages provided to you and the record of sale kept by Sotheby's, the record of sale will govern.
5.Online bidders are responsible for making themselves aware of all salesroom notices and announcements. All sale room notices will be read by the auctioneer at the beginning, where appropriate, or during the sale prior to a relevant lot being offered for sale. Sotheby's recommends that online bidders log on at least ten minutes before the scheduled start of the auction to ensure that you have heard all announcements made by the auctioneer at the beginning of the sale.
6.Sotheby's reserves the right to refuse or revoke permission to bid via Online Platforms and to remove bidding privileges during a sale.
7.Purchase information shown in the "Account Activity" section of BIDnow and the "Purchase History" section of the "My eBay" page on eBay is provided for your convenience only. Successful bidders will be notified and invoiced by Sotheby's after the sale. In the event of any discrepancy between any online purchase information and the invoice sent to you by Sotheby's following the respective sale, the invoice prevails. Terms and conditions for payment and collection of property remain the same regardless of how the winning bid was submitted.
8.Sotheby's offers online bidding as a convenience to our clients. Sotheby's will not be responsible for any errors or failures to execute bids placed via Online Platforms, including, without limitation, errors or failures caused by (i) a loss of connection to the internet or to the BIDnow, eBay or other Online Platform software by either Sotheby's or the client; (ii) a breakdown or problem with the BIDnow, eBay or other Online Platform software; or (iii) a breakdown or problem with a client's internet connection, mobile network or computer. Sotheby's is not responsible for any failure to execute an online bid or for any errors or omissions in connection therewith.
9. Live online bidding via all Online Platforms will be recorded.
10. In the event of any conflict between these Additional Terms and Conditions for Live Online Bidding and Sotheby's Conditions of Sale and Terms of Guarantee, Sotheby's Conditions of Sale and Terms of Guarantee will control.
11.In the event of any conflict between these Additional Terms and Conditions for Live Online Bidding and any term in any agreement between the User and eBay, these Additional Terms and Conditions for Live Online Bidding will control for purposes of all Sotheby's auctions.
BUYING AT AUCTION
The following will help in understanding the auction buying process as well as some of the terms and symbols commonly used in an auction catalogue. All bidders should read the Conditions of Sale and Terms of Guarantee in this catalogue, as well as the Glossary or any other notices. By bidding at auction, bidders are bound by the Conditions of Sale and Terms of Guarantee, as amended by any oral announcement or posted notices, which together form the sale contract among Sotheby's, the seller (consignor) of the lot and any bidders, including the successful bidder (purchaser).
1. SYMBOL KEY
http://www.sothebys.com/en/key-to-lots-symbols.html
Reserves
Unless indicated by a box, all lots in this catalogue are offered subject to a reserve. A reserve is the confidential minimum hammer price at which a lot will be sold. The reserve is generally set at a percentage of the low estimate and will not exceed the low estimate of the lot. If any lots in the catalogue are offered without reserve, such lots will be designated by a box. If every lot in a catalogue is offered without a reserve, the Conditions of Sale will so state and this symbol will not be used for each lot.
Guaranteed Property
The seller of lots with this symbol has been guaranteed a minimum price from one auction or a series of auctions. This guarantee may be provided by Sotheby's or jointly by Sotheby's and a third party. Sotheby's and any third parties providing a guarantee jointly with Sotheby's benefit financially if a guaranteed lot is sold successfully and may incur a loss if the sale is not successful.
Property in which Sotheby's has an Ownership Interest
Lots with this symbol indicate that Sotheby's owns the lot in whole or in part or has an economic interest in the lot equivalent to an ownership interest.
Irrevocable Bids
Lots with this symbol indicate that a party has provided Sotheby's with an irrevocable bid on the lot that will be executed during the sale at a value that ensures that the lot will sell. The irrevocable bidder, who may bid in excess of the irrevocable bid, will be compensated based on the final hammer price in the event he or she is not the successful bidder. If the irrevocable bidder is the successful bidder, he or she will be required to pay the full Buyer's Premium and will not be otherwise compensated. If the irrevocable bid is not secured until after the printing of the auction catalogue, a pre-lot announcement will be made indicating that there is an irrevocable bid on the lot.
Interested Parties
Lots with this symbol indicate that parties with a direct or indirect interest in the lot may be bidding on the lot, including (i) the beneficiary of an estate selling the lot, or (ii) the joint owner of a lot. If the interested party is the successful bidder, they will be required to pay the full Buyer's Premium. In certain instances, interested parties may have knowledge of the reserve. In the event the interested party's possible participation in the sale is not known until after the printing of the auction catalogue, a pre-lot announcement will be made indicating that interested parties may be bidding on the lot.
Restricted Materials
Lots with this symbol have been identified at the time of cataloguing as containing organic material which may be subject to restrictions regarding import or export. The information is made available for the convenience of bidders and the absence of the symbol is not a warranty that there are no restrictions regarding import or export of the Lot; bidders should refer to Condition 12 of the Conditions of Sale. Please also refer to the section on Endangered Species in the information on Buying at Auction.
Monumental
Lots with this symbol may, in our opinion, require special handling or shipping services due to size or other physical considerations. Bidders are advised to inspect the lot and to contact Sotheby's prior to the sale to discuss any specific shipping requirements.
Premium Lot
In order to bid on "Premium Lots" (in print catalogue or in eCatalogue) you must complete the required Premium Lot pre-registration application. You must arrange for Sotheby's to receive your pre-registration application at least three working days before the sale. Please bear in mind that we are unable to obtain financial references over weekends or public holidays. Sotheby's decision whether to accept any pre-registration application shall be final. If your application is accepted, you will be provided with a special paddle number. If all lots in the catalogue are "Premium Lots", a Special Notice will be included to this effect and this symbol will not be used.
2. BEFORE THE AUCTION
The Catalogue
A catalogue prepared by Sotheby's is published for every scheduled live auction and is available prior to the sale date. The catalogue will help familiarize you with property being offered at the designated auction. Catalogues may be purchased at Sotheby's or by subscription in any categories. For information, please call +1 212 606 7000 or visit sothebys.com. Prospective bidders should also consult sothebys.com for the most up to date cataloguing of the property in this catalogue.
Estimates
Each lot in the catalogue is given a low and high estimate, indicating to a prospective buyer a range in which the lot might sell at auction. When possible, the estimate is based on previous auction records of comparable pieces. The estimates are determined several months before a sale and are therefore subject to change upon further research of the property, or to reflect market conditions or currency fluctuations. Estimates should not be relied upon as a representation or prediction of actual selling prices.
Provenance
In certain circumstances, Sotheby's may print in the catalogue the history of ownership of a work of art if such information contributes to scholarship or is otherwise well known and assists in distinguishing the work of art. However, the identity of the seller or previous owners may not be disclosed for a variety of reasons. For example, such information may be excluded to accommodate a seller's request for confidentiality or because the identity of prior owners is unknown given the age of the work of art.
Specialist
Advice Prospective bidders may be interested in specific information not included in the catalogue description of a lot. For additional information, please contact either a Sotheby's specialist in charge of the sale (all of whom are listed in the front of the catalogue), or Sotheby's Client Services Department. You may also request a condition report from the specialist in charge.
The Exhibition
An exhibition of the auction property will be held the week prior to the auction on the days listed in the front of the catalogue. There you will have the opportunity to view, inspect and evaluate the property yourself, or with the help of a Sotheby's specialist.
Salesroom Notices
Salesroom notices amend the catalogue description of a lot after our catalogue has gone to press. They are posted in the viewing galleries and salesroom or are announced by the auctioneer. Please take note of them.
Registration
Sotheby's may require such necessary financial references, guarantees, deposits and/or such other security, in its absolute discretion, as security for your bid. If you are not successful on any lot, Sotheby's will arrange for a refund (subject to any right of set off) of the deposit amount paid by you without interest within 14 working days of the date of the sale. Any exchange losses or fees associated with the refund shall be borne by you. Registration to bid on Premium Lots must be done at least 3 business days prior to the sale.
3. DURING THE AUCTION
The Auction
Auctions are open to the public without any admission fee or obligation to bid. The auctioneer introduces the objects for sale -- known as "lots" -- in numerical order as listed in the catalogue. Unless otherwise noted in the catalogue or by an announcement at the auction, Sotheby's acts as agent on behalf of the seller and does not permit the seller to bid on his or her own property. It is important for all bidders to know that the auctioneer may open the bidding on any lot by placing a bid on behalf of the seller. The auctioneer may further bid on behalf of the seller, up to the amount of the reserve, by placing responsive or consecutive bids for a lot. The auctioneer will not place consecutive bids on behalf of the seller above the reserve.
Bidding in Person
If you would like to bid, you must register for a paddle upon entering the salesroom. The paddle is numbered so as to identify you to the auctioneer. To register, you will need a form of identification such as a driver's license, a passport or some other type of government issued identification. If you are a first-time bidder, you will also be asked for your address, phone number and signature in order to create your account. If you are bidding for someone else, you will need to provide a letter from that person authorizing you to bid on that person's behalf. Issuance of a bid paddle is in Sotheby's sole discretion.
Once the first bid has been placed, the auctioneer asks for higher bids, in increments determined by the auctioneer. To place your bid, simply raise your paddle until the auctioneer acknowledges you. You will know when your bid has been acknowledged; the auctioneer will not mistake a random gesture for a bid.
If you wish to register to bid on a Premium Lot, please see the paragraph above.
All lots sold will be invoiced to the name and address in which the paddle has been registered and cannot be transferred to other names and addresses. Sotheby's reserves the right to refuse to accept payment from a source other than the buyer of record.
Absentee Bidding
If it is not possible for you to attend the auction in person, you may place your bid ahead of time. In the back of every catalogue there is an absentee bid form, which you can use to indicate the item you wish to bid on and the maximum bid you are willing to make. Return the completed absentee bid form to Sotheby's either by mail or fax. When the lot that you are interested in comes up for sale, a Sotheby's representative will execute the bid on your behalf, making every effort to purchase the item for as little as possible and never exceeding your limit. This service is free and confidential. For detailed instructions and information, please see the Absentee Bid Form and Guide for Absentee Bidders instructions at the back of this catalogue.
Telephone Bidding
In some circumstances, we offer the ability to place bids by telephone live to a Sotheby's representative on the auction floor. Please contact the Bid Department prior to the sale to make arrangements or to answer any questions you may have. Telephone bids are accepted only at Sotheby's discretion and at the caller's risk. Calls may also be recorded at Sotheby's discretion. By bidding on the telephone, prospective buyers consent thereto.
Online Bidding
If you cannot attend the auction, it may be possible to bid online via BIDnow, eBay or other Online Platforms for selected sales. This service is free and confidential. For information about registering to bid via BIDnow, please see www.sothebys.com. For information about registering to bid on eBay, please see
www.ebay.com/sothebys. Bidders utilizing any online platform are subject to the Additional Terms and Conditions for Live Online Bidding as well as the relevant Conditions of Sale. Online bidding may not be available for Premium Lots.
Employee Bidding
Sotheby's employees may bid in a Sotheby's auction only if the employee does not know the reserve and if the employee fully complies with Sotheby's internal rules governing employee bidding.
US Economic Sanctions
The United States maintains economic and trade sanctions against targeted foreign countries, groups and organizations. There may be restrictions on the import into the United States of certain items originating in sanctioned countries, including Burma, Cuba, Iran, North Korea and Sudan. The purchaser's inability to import any item into the US or any other country as a result of these or other restrictions shall not justify cancellation or rescission of the sale or any delay in payment. Please check with the specialist department if you are uncertain as to whether a lot is subject to these import restrictions, or any other restrictions on importation or exportation.
Hammer Price and the Buyer's Premium
For lots which are sold, the last price for a lot as announced by the auctioneer is the hammer price. A buyer's premium will be added to the hammer price and is payable by the purchaser as part of the total purchase price. The buyer's premium will be the amount stated in the Conditions of Sale.
Currency Board
As a courtesy to bidders, a currency board is operated in many salesrooms. It displays the lot number and current bid in both U.S. dollars and foreign currencies. Exchange rates are approximations based on recent exchange rate information and should not be relied upon as a precise invoice amount. Sotheby's assumes no responsibility for any error or omission in foreign or United States currency amounts shown.
Results
Successful absentee bidders will be notified after the sale. Absentee bidders will receive a list of sale results if they enclose a stamped self-addressed envelope with their absentee bid form. Printed lists of auction prices are available at our galleries approximately three weeks following each auction and are sent on request to catalogue purchasers and subscribers. Results may also be obtained online at sothebys.com.
International Auctions
If you need assistance placing bids, obtaining condition reports or receiving auction results for a Sotheby's sale outside the United States, please contact our International Client Services Department.
4. AFTER THE AUCTION
Payment
If your bid is successful, you can go directly to Post Sale Services to make payment arrangements. Otherwise, your invoice will be mailed to you. The final price is determined by adding the buyer's premium to the hammer price on a per-lot basis. Sales tax, where applicable, will be charged on the entire amount. Payment is due in full immediately after the sale. However, under certain circumstances, Sotheby's may, in its sole discretion, offer bidders an extended payment plan. Such a payment plan may provide an economic benefit to the bidder. Credit terms should be requested at least one business day before the sale. However, there is no assurance that an extended payment plan will be offered. Please contact Post Sale Services or the specialist in charge of the sale for information on credit arrangements for a particular lot. Please note that Sotheby's will not accept payments for purchased lots from any party other than the purchaser, unless otherwise agreed between the purchaser and Sotheby's prior to the sale.
Payment by Cash
It is against Sotheby's general policy to accept single or multiple related payments in the form of cash or cash equivalents in excess of the local currency equivalent of US $10,000. It is Sotheby's policy to request any new clients or purchasers preferring to make a cash payment to provide: verification of identity
(by providing some form of government issued identification containing a photograph, such as a passport, identity card or driver's license), confirmation of permanent address and identification of the source of the funds.
Payment by Credit Cards
Sotheby's does not accept payment by credit card for auction purchases.
Payment by Check
To pay for a purchase by check, please see our cashier and fill out a Check Acceptance Account form. Until approved, you will not be permitted to remove purchases before the check has cleared. Check acceptance privileges are reviewed from time to time by Sotheby's and may be granted or withdrawn at our sole discretion. Checks should be made payable to Sotheby's. Certified checks, banker's drafts and cashier's checks are accepted at Sotheby's discretion and provided they are issued by a reputable financial institution governed by anti-money laundering laws. Instruments not meeting these requirements will be treated as "cash equivalents" and subject to the constraints noted in the prior paragraph titled "Payment By Cash".
Payment by Wire Transfer
To pay for a purchase by wire transfer, please refer to the payment instructions on the invoice provided by Sotheby's or contact Post Sale Services to request instructions.
Sales and Use Tax New York
sales tax is charged on the hammer price, buyer's premium and any other applicable charges on any property picked up or delivered in New York State, regardless of the state or country in which the purchaser resides or does business. Please refer to "Information on Sales and Use Tax Related to Purchases at Auction" in the back of the catalogue.
Collection and Delivery
Post Sale Services
+ 1 212 606 7444
FAX: + 1 212 606 7043
uspostsaleservices@sothebys.com
Once your payment has been received and cleared, property may be released. Unless otherwise agreed by Sotheby's, all purchases must be removed by the 30th calendar day following a sale.
Shipping Services
Sotheby's offers a comprehensive shipping service to meet all of your requirements. If you received
a shipping quotation or have any questions about the services we offer please contact us.
Collecting your Property
As a courtesy to purchasers who come to Sotheby's to collect property, Sotheby's will assist in the packing of lots, although Sotheby's may, in the case of fragile articles, choose not to pack or otherwise handle a purchase.
If you are using your own shipper to collect property from Sotheby's, please provide a letter of authorization and kindly instruct your shipper that they must provide a Bill of Lading prior to collection. Both documents must be sent to Post Sale Services prior
to collection.
The Bill of Lading must include: the purchaser's full name, the full delivery address including the street name and number, city and state or city and country, the sale and lot number.
Sotheby's will contact your shipper within 24 hours of receipt of the Bill of Lading to confirm the date and time that your property can be collected. Property will not be released with out this confirmation and your shipper must bring the same Bill of Lading that was faxed to Sotheby's when collecting. All property releases are subject to the receipt of cleared funds.
Please see the Conditions of Sale for further details.
Endangered Species
Certain property sold at auction, for example, items made of or incorporating plant or animal materials such as coral, crocodile, ivory, whalebone, tortoiseshell, rhinoceros horn etc., irrespective of age or value, may require a license or certificate prior to exportation and additional licenses or certificates upon importation to another country. Sotheby's suggests that buyers check on their government wildlife import requirements prior to placing a bid. Please note that the ability to obtain an export license or certificate does not ensure the ability to obtain an import license or certificate in another country, and vice versa. It is the purchaser's responsibility to obtain any export or import licenses and/or certificates as well as any other required documentation. In the case of denial of any export or import license or of delay in the obtaining of such licenses, the purchaser is still responsible for making on-time payment of the total purchase price for the lot.
Although licenses can be obtained to export some types of endangered species, other types may not be exported at all, and other types may not be resold in the United States. Upon request, Sotheby's is willing to assist the purchaser in attempting to obtain the appropriate licenses and/or certificates. However, there is no assurance that an export license or certificate can be obtained. Please check with the specialist department or the Shipping Department if you are uncertain as to whether a lot is subject to these export/import license and certificate requirements, or any other restrictions on exportation.
The Art Loss Register
As part of Sotheby's efforts to support only the legitimate art market and to combat the illegitimate market in stolen property, Sotheby's has retained the Art Loss Register to check all uniquely identifiable items offered for sale in this catalogue that are estimated at more than the equivalent of US$1,500 against the Art Loss Register's computerized database of objects reported as stolen or lost. The Art Loss Register is pleased to provide purchasers with a certificate confirming that a search has been made. All inquiries regarding search certificates should be directed to The Art Loss Register, First Floor, 63-66 Hatten Garden, London EC1N 8LE or by email at artloss@artloss.com. The Art Loss Register does not guarantee the provenance or title of any catalogued item against which they search, and will not be liable for any direct or consequential losses of any nature howsoever arising. This statement and the ALR's service do not affect your rights and obligations under the Conditions of Sale applicable to the sale.
SELLING AT AUCTION
If you have property you wish to sell, Sotheby's team of specialists and client services representatives will assist you through the entire process. Simply contact the appropriate specialist (specialist departments are listed in the back of this catalogue), General Inquiries Department or a Sotheby's regional office representative for suggestions on how best to arrange for evaluation of your property.
Property Evaluation
There are three general ways evaluation of property can be conducted:
(1) In our galleries
You may bring your property directly to our galleries where our specialists will give you auction estimates and advice. There is no charge for this service, but we request that you telephone ahead for an appointment. Inspection hours are 9:30 am to 5 pm, Monday through Friday.
(2) By photograph
If your property is not portable, or if you are not able to visit our galleries, you may bring in or send a clear photograph of each item. If you have a large collection, a representative selection of photographs will do. Please be sure to include the dimensions, artist's signature or maker's mark, medium, physical condition and any other relevant information. Our specialists will provide a free preliminary auction estimate subject to a final estimate upon first-hand inspection.
(3) In your home
Evaluations of property can also be made in your home. The fees for such visits are based on the scope and diversity of property, with travel expenses additional. These fees may be rebated if you consign your property for sale at Sotheby's. If there is considerable property in question, we can arrange for an informal "walkthrough."
Once your property has been evaluated, Sotheby's representatives can then help you determine how to proceed should you wish to continue with the auction process. They will provide information regarding sellers' commission rates and other charges, auction venue, shipping and any further services you may require.
SOTHEBY'S SERVICES
Sotheby's also offers a range of other services to our clients beyond buying and selling at auction. These services are summarized below. Further information on any of the services described below can be found at sothebys.com.
Valuations and Appraisals
Sotheby's Valuations and Appraisals Services offers advice regarding personal property assets to trusts, estates, and private clients in order to help fiduciaries, executors, advisors, and collectors meet their goals. We provide efficient and confidential advice and assistance for all appraisal and auction services. Sotheby's can prepare appraisals to suit a variety of needs, including estate tax and planning, insurance, charitable contribution and collateral loan. Our appraisals are widely accepted by the Internal Revenue Service, tax and estate planning professionals, and insurance firms. In the event that a sale is considered, we are pleased to provide auction estimates, sales proposals and marketing plans. When sales are underway, the group works closely with the appropriate specialist departments to ensure that clients' needs are met promptly and efficiently.
Financial Services
Sotheby's offers a wide range of financial services including advances on consignments, as well as loans secured by art collections not intended for sale.
Museum Services
Tailored to meet the unique needs of museums and non-profits in the marketplace, Museum Services offers personal, professional assistance and advice in areas including appraisals, deaccessions, acquisitions and special events.
Corporate Art Services
Devoted to servicing corporations, Sotheby's Corporate Art Services Department can prepare appraisal reports, advise on acquisitions and deaccessions, manage all aspects of consignment, assist in developing arts-management strategies and create events catering to a corporation's needs.
INFORMATION ON SALES AND USE TAX RELATED TO PURCHASES AT AUCTION
To better assist our clients, we have prepared the following information on Sales and Use Tax related to property purchased at auction.
Why Sotheby's Collects Sales Tax
Virtually all State Sales Tax Laws require a corporation to register with the State's Tax Authorities and collect and remit sales tax if the corporation maintains a presence within the state, such as offices. In the states that impose sales tax, Tax Laws require an auction house, with a presence in the state, to register as a sales tax collector, and remit sales tax collected to the state. New York sales tax is charged on the hammer price, buyer's premium and any other applicable charges on any property picked up or delivered in New York, regardless of the state or country in which the purchaser resides or does business.
Where Sotheby's Collects Sales Tax
Sotheby's is currently registered to collect sales tax in the following states: California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, Pennsylvania, and Texas. For any property collected or received by the purchaser in New York City, such property is subject to sales tax at the existing New York State and City rate of 8.875%.
If the property is delivered into any of the states in which Sotheby's is registered, Sotheby's is required by law to collect and remit the appropriate sales tax in effect in the state where the property is delivered. Property collected from Sotheby's New York premises by common carriers on behalf of the purchaser for delivery to the purchaser at his address outside of New York is not subject to New York Sales Tax. If it is delivered by the common carrier to any of the states where Sotheby's is required to collect sales tax, applicable tax will be added to the purchase price.
Where Sotheby's is Not Required to Collect Sales Tax
Sotheby's is not required to collect sales tax on property delivered to states other than those listed above. If the property is delivered to a state where Sotheby's is not required to collect sales tax, it is the responsibility of the purchaser to self-assess any sales or use tax and remit it to taxing authorities in that state.
Sotheby's is not required to collect sales tax for property delivered to the purchaser outside of the United States.
Restoration and Other Services
Regardless of where the property is subsequently transported, if any framing or restoration services are performed on the property in New York, it is considered to be a delivery of the property to the purchaser in New York, and Sotheby's will be required to collect the 8.875% New York sales tax.
Certain Exemptions
Most states that impose sales taxes allow for specified exemptions to the tax. For example, a registered re-seller such as a registered art dealer may purchase without incurring a tax liability, and Sotheby's is not required to collect sales tax from such re-seller. The art dealer, when re-selling the property, may be required to charge sales tax to its client, or the client may be required to self-assess sales or use tax upon acquiring the property.
Local Tax Advisors
As sales tax laws vary from state to state, Sotheby's recommends that clients with questions regarding the application of sales or use taxes to property purchased at auction seek tax advice from their local tax advisors.
GLOSSARY OF TERMS
The following are examples of the terminology used in this catalogue. Please note that all statements made in this catalogue are made subject to the provisions of the Conditions of Sale and Terms of Guarantee printed in this catalogue:
GLOSSARY FOR PAINTINGS
GUSTAVE COURBET The work is, in our best judgement, by the named artist.
ATTRIBUTED TO GUSTAVE COURBET In our opinion, on the basis of syle, the work can be ascribed to the named artist but less certainty as to authorship is expressed than in the preceding category.
STUDIO OF GUSTAVE COURBET In our opinion, a work by an unknown hand in the studio of the artist which may or may not have been executed under the artist's direction.
CIRCLE OF GUSTAVE COURBET In our opinion, a work by an as yet unidentified but distinct hand closely associated with the named artist but not necessarily his pupil.
STYLE OF... FOLLOWER OF GUSTAVE COURBET In our opinion, a work by a painter working in the artist's style, contemporary or nearly contemporary, but not necessarily his pupil.
MANNER OF GUSTAVE COURBET In our opinion, a work in the style of the artist and of a later date.
AFTER GUSTAVE COURBET In our opinion, a copy of a known work of the artist.
The term signed and/or dated and/or inscribed means that, in our opinion, a signature and/or date and/or inscription are from the hand of the artist.
The term bears a signature and/or a date and/or an inscription means that, in our opinion, a signature and/or date and/or inscription have been added by another hand.
Unless otherwise stated in the description, all pictures are framed and all measurements are given with the height preceding the width.
GLOSSARY FOR SCULPTURE
BRONZE FIGURE OF A WOMAN, MAURICE GIRAUD-RIVIÈRE, CIRCA 1925 This heading indicates that the casting was done by the artist or with his direct authorization or supervision.
BRONZE FIGURE OF A WOMAN, AFTER MAURICE GIRAUD-RIVIÈRE, CIRCA 1925 This heading indicates the casting was done by another, i.e., artisans at a foundry.
MAURICE GIRAUD-RIVIÈRE, BRONZE FIGURE OF A WOMAN, CIRCA 1925 This heading indicates that the casting was done by the artist or with his direct authorization or supervision.
IMPORTANT NOTICES
Important Notice Regarding Packing
As a courtesy to purchasers who come to Sotheby's to pick up property, Sotheby's will assist in packing framed paintings. Sotheby's is unable to remove canvases off stretchers or to roll works on paper. Purchasers are advised to contact an independent painting restorer to pack works in this manner.
This painting is part of the National Heritage of Mexico and cannot be permanently exported from the country. Accordingly, it is offered for sale in New York from the catalogue and will not be available in New York for inspection or delivery. The painting will be released to the purchaser in Mexico in compliance with all local requirements. Prospective buyers may contact Sotheby's representatives in Mexico City and Monterrey for an appointment to view the work.
