GENEVA CONDITIONS OF SALE
GENEVA CONDITIONS OF SALE
BUYING AT CHRISTIE'S
CONDITIONS OF SALE
These Conditions of Sale and the Important Notices and Explanation of Cataloguing Practice
set out the terms on which we offer the lots listed in this catalogue for sale. By registering to
bid and/or by bidding at auction you agree to these terms, so you should read them carefully
before doing so. You will find a glossary at the end explaining the meaning of the words and
expressions coloured in bold.
Unless we own a lot (? symbol), Christie's acts as agent for the seller.
A • BEFORE THE SALE
1 • DESCRIPTION OF LOTS
(a) Certain words used in the catalogue description have special meanings. You can find
details of these on the page headed "Important Notices and Explanation of Cataloguing
Practice" which forms part of these terms. You can find a key to the Symbols found next to
certain catalogue entries under the section of the catalogue called "Symbols Used in this
Catalogue".
(b) Our description of any lot in the catalogue, any condition report and any other statement
made by us (whether orally or in writing) about any lot, including about its nature or
condition, artist, period, materials, approximate dimensions or provenance are our opinion
and not to be relied upon as a statement of fact. We do not carry out in-depth research of
the sort carried out by professional historians and scholars. All dimensions and weights are
approximate only.
2 • OUR RESPONSIBILITY FOR OUR DESCRIPTION OF LOTS
We do not provide any guarantee in relation to the nature of a lot apart from our authenticity
warranty contained in paragraph E2 and to the extent provided in paragraph I below.
3 • CONDITION
(a) The condition of lots sold in our auctions can vary widely due to factors such as age,
previous damage, restoration, repair and wear and tear. Their nature means that they will
rarely be in perfect condition. Lots are sold "as is," in the condition they are in at the time of
the sale, without any representation or warranty or assumption of liability of any kind as to
condition by Christie's or by the seller.
(b) Any reference to condition in a catalogue entry or in a condition report will not amount to a
full description of condition, and images may not show a lot clearly. Colours and shades
may look different in print or on screen to how they look on physical inspection. Condition
reports may be available to help you evaluate the condition of a lot. Condition reports are
provided free of charge as a convenience to our buyers and are for guidance only. They
offer our opinion but they may not refer to all faults, inherent defects, restoration, alteration
or adaptation because our staff are not professional restorers or conservators. For that
reason they are not an alternative to examining a lot in person or taking your own
professional advice. It is your responsibility to ensure that you have requested, received and
considered any condition report.
4 • VIEWING LOTS PRE-AUCTION
(a) If you are planning to bid on a lot, you should inspect it personally or through a
knowledgeable representative before you make a bid to make sure that you accept the
description and its condition. We recommend you get your own advice from a restorer or
other professional adviser.
(b) Pre-auction viewings are open to the public free of charge. Our specialists may be available
to answer questions at pre-auction viewings or by appointment.
5 • ESTIMATES
Estimates are based on the condition, rarity, quality and provenance of the lots and on prices
recently paid at auction for similar property. Estimates can change. Neither you, nor anyone
else, may rely on any estimates as a prediction or guarantee of the actual selling price of a lot or
its value for any other purpose. Estimates do not include the buyer's premium or any applicable
taxes.
6 • WITHDRAWAL
Christie's may, at its option, withdraw any lot at any time prior to or during the sale of the lot.
Christie's has no liability to you for any decision to withdraw.
7 • JEWELLERY
(a) Coloured gemstones (such as rubies, sapphires and emeralds) may have been treated to
improve their look, through methods such as heating and oiling. These methods are
accepted by the international jewellery trade but may make the gemstone less strong
and/or require special care over time.
(b) All types of gemstones may have been improved by some method. You may request a
gemmological report for any item which does not have a report if the request is made to us
at least three weeks before the date of the auction and you pay the fee for the report.
(c) We do not obtain a gemmological report for every gemstone sold in our auctions. Where we
do get gemmological reports from internationally accepted gemmological laboratories,
such reports will be described in the catalogue. Reports from American gemmological
laboratories will describe any improvement or treatment to the gemstone. Reports from
European gemmological laboratories will describe any improvement or treatment only if we
request that they do so, but will confirm when no improvement or treatment has been
made. Because of differences in approach and technology, laboratories may not agree
whether a particular gemstone has been treated, the amount of treatment or whether
treatment is permanent. The gemmological laboratories will only report on the
improvements or treatments known to the laboratories at the date of the report.
(d) For jewellery sales, estimates are based on the information in any gemmological report or, if
no report is available, assume that the gemstones may have been treated or enhanced.
8 • WATCHES & CLOCKS
(a) Almost all clocks and watches are repaired in their lifetime and may include parts which
are not original. We do not give a warranty that any individual component part of any watch
or clock is authentic. Watchbands described as "associated" are not part of the original
watch and may not be authentic. Clocks may be sold without pendulums, weights or keys.
(b) As collectors' watches and clocks often have very fine and complex mechanisms, a general
service, change of battery or further repair work may be necessary, for which you are
responsible. We do not give a warranty that any watch or clock is in good working order.
Certificates are not available unless described in the catalogue.
(c) Most watches have been opened to find out the type and quality of movement. For that
reason, watches with water resistant cases may not be waterproof and we recommend you
have them checked by a competent watchmaker before use.
Important information about the sale, transport and shipping of watches and watchbands can
be found in paragraph H2(h).
B • REGISTERING TO BID
1 • NEW BIDDERS
(a) If this is your first time bidding at Christie's or you are a returning bidder who has not
bought anything from any of our salerooms within the last two years you must register at
least 48 hours before an auction to give us enough time to process and approve your
registration. We may, at our option, decline to permit you to register as a bidder. You will be
asked for the following:
i) for individuals: Photo identification (driving licence, national identity card or passport)
and, if not shown on the ID document, proof of your current address (for example, a
current utility bill or bank statement);
ii) for corporate clients: Your Certificate of Incorporation or equivalent document(s)
showing your name and registered address together with documentary proof of
directors and beneficial owners; and
iii) for trusts, partnerships, offshore companies and other business structures, please
contact us in advance to discuss our requirements. For help, please contact our Client
Services on +41 22 319 1766.
(b) We may also ask you to give us a financial reference and/or a deposit as a condition of
allowing you to bid. For help, please contact our Client Services on +41 22 319 1766.
2 • RETURNING BIDDERS
We may at our option ask you for current identification as described in paragraph B1(a) above,
a financial reference or a deposit as a condition of allowing you to bid. If you have not bought
anything from any of our salerooms in the last two years or if you want to spend more than on
previous occasions, please contact Client Services on +41 22 319 1766.
3 • IF YOU FAIL TO PROVIDE THE RIGHT DOCUMENTS
If in our opinion you do not satisfy our bidder identification and registration procedures
including, but not limited to completing any anti-money laundering and/or anti-terrorism
financing checks we may require to our satisfaction, we may refuse to register you to bid, and if
you make a successful bid, we may cancel the contract for sale between you and the seller.
4 • BIDDING ON BEHALF OF ANOTHER PERSON
(a) As authorised bidder: If you are bidding on behalf of another person, that person will need
to complete the registration requirements above before you can bid, and supply a signed
letter authorising you to bid for him/her.
(b) As agent for an undisclosed principal: If you are bidding as an agent for an undisclosed
principal (the ultimate buyer(s)), you accept personal liability to pay the purchase price and
all other sums due, unless it has been agreed in writing with Christie's before
commencement of the auction that the bidder is acting as an agent on behalf of a named
third party acceptable to Christie's and that Christie's will only seek payment from the
named third party.
5 • BIDDING IN PERSON
If you wish to bid in the saleroom you must register for a numbered bidding paddle at least 30
minutes before the auction. You may register online at www.christies.com or in person. For
help, please contact Client Services on +41 22 319 1766.
6 • BIDDING SERVICES
The bidding services described below are a free service offered as a convenience to our clients
and Christie's is not responsible for any error (human or otherwise), omission or breakdown in
providing these services.
(a) Phone Bids
Your request for this service must be made no later than 24 hours prior to the auction. We will
accept bids by telephone for lots only if our staff are available to take the bids. If you need to
bid in a language other than in English, you must arrange this well before the auction. We may
record telephone bids. By bidding on the telephone, you are agreeing to us recording your
conversations. You also agree that your telephone bids are governed by these Conditions of
Sale.
(b) Internet Bids on Christie's LIVE™
For certain auctions we will accept bids over the Internet. Please visit
www.christies.com/livebidding and click on the 'Bid Live' icon to see details of how to watch,
hear and bid at the auction from your computer. As well as these Conditions of Sale, internet
bids are governed by the Christie's LIVE™ terms of use which are available on
www.christies.com.
(c) Written Bids
You can find a Written Bid Form at any Christie's office or by choosing the sale and viewing the
lots online at www.christies.com. We must receive your completed Written Bid at least 24
hours before the auction. Bids must be placed in the currency of the saleroom. The auctioneer
will take reasonable steps to carry out written bids at the lowest possible price, taking into
account the reserve. If you make a written bid on a lot which does not have a reserve and there
is no higher bid than yours, we will bid on your behalf at around 50% of the low estimate or, if
lower, the amount of your bid. If we receive written bids on a lot for identical amounts, and at
the auction these are the highest bids on the lot, we will sell the lot to the bidder whose written
bid we received first.
C • CONDUCTING THE SALE
1 • WHO CAN ENTER THE AUCTION
We may, at our option, refuse admission to our premises or decline to permit participation in
any auction or to reject any bid.
2 • RESERVES
Unless otherwise indicated, all lots are subject to a reserve. We identify lots that are offered
without reserve with the symbol • next to the lot number. The reserve cannot be more than the
lot's low estimate.
3 • AUCTIONEER'S DISCRETION
The auctioneer can at his sole option:
(a) refuse any bid;
(b) move the bidding backwards or forwards in any way he or she may decide, or change the
order of the lots;
(c) withdraw any lot;
(d) divide any lot or combine any two or more lots;
(e) reopen or continue the bidding even after the hammer has fallen; and
(f) in the case of error or dispute related to the bidding and whether during or after the
auction, to continue the bidding, determine the successful bidder, cancel the sale of the lot,
or reoffer and resell any lot. If you believe that the auctioneer has accepted the successful
bid in error, you must provide a written notice detailing your claim within 3 business days
of the date of the auction. The auctioneer will consider such claim in good faith. If the
auctioneer, in the exercise of his or her discretion under this paragraph, decides after the
auction is complete, to cancel the sale of a lot, or reoffer and resell a lot, he or she will notify
the successful bidder no later than by the end of the 7th calendar day following the date of
the auction. The auctioneer's decision in exercise of this discretion is final. This paragraph
does not in any way prejudice Christie's ability to cancel the sale of a lot under any other
applicable provision of these Conditions of Sale, including the rights of cancellation set
forth in section B(3), E(2)(i), F(4) and J(1).
4 • BIDDING
The auctioneer accepts bids from:
(a) bidders in the saleroom;
(b) telephone bidders, and internet bidders through 'Christie's LIVE™ (as shown above in
Section B6); and
(c) written bids (also known as absentee bids or commission bids) left with us by a bidder
before the auction.
5 • BIDDING ON BEHALF OF THE SELLER
The auctioneer may, at his or her sole option, bid on behalf of the seller up to but not including
the amount of the reserve either by making consecutive bids or by making bids in response to
other bidders. The auctioneer will not identify these as bids made on behalf of the seller and
will not make any bid on behalf of the seller at or above the reserve. If lots are offered without
reserve, the auctioneer will generally decide to open the bidding at 50% of the low estimate for
the lot. If no bid is made at that level, the auctioneer may decide to go backwards at his or her
sole option until a bid is made, and then continue up from that amount. In the event that there
are no bids on a lot, the auctioneer may deem such lot unsold.
6 • BID INCREMENTS
Bidding generally starts below the low estimate and increases in steps (bid increments). The
auctioneer will decide at his or her sole option where the bidding should start and the bid
increments.
7 • CURRENCY CONVERTER
The saleroom video screens (and Christies LIVETM) may show bids in some other major
currencies as well as Swiss Francs. Any conversion is for guidance only and we cannot be
bound by any rate of exchange used. Christie's is not responsible for any error (human or
otherwise), omission or breakdown in providing these services.
8 • SUCCESSFUL BIDS
Unless the auctioneer decides to use his or her discretion as set out in paragraph C3 above,
when the auctioneer's hammer strikes, we have accepted the last bid. This means a contract
for sale has been formed between the seller and the successful bidder. We will issue an invoice
only to the registered bidder who made the successful bid. While we send out invoices by post
and/or email after the auction, we do not accept responsibility for telling you whether or not
your bid was successful. If you have bid by written bid, you should contact us by telephone or in
person as soon as possible after the auction to get details of the outcome of your bid to avoid
having to pay unnecessary storage charges.
9 • LOCAL BIDDING LAWS
You agree that when bidding in any of our sales that you will strictly comply with all local laws
and regulations in force at the time of the sale for the relevant sale site.
D • THE BUYER'S PREMIUM, TAXES AND ARTIST'S RESALE
ROYALTY
1 • THE BUYER'S PREMIUM
In addition to the hammer price, the successful bidder agrees to pay us a buyer's premium on
the hammer price of each lot sold. On all lots we charge 25% of the hammer price up to and
including CHF 250,000, 20% on that part of the hammer price over CHF 250,000 and up to
and including CHF4,000,000, and 12.5% of that part of the hammer price above
CHF4,000,000. VAT will be added to the buyer's premium and is payable by you. The VAT
may not be shown separately on our invoice because of tax laws. You may be eligible to have a
VAT refund in certain circumstances if the lot is exported. Please see the "VAT refunds: what
can I reclaim?" section of 'VAT Symbols and Explanation' for further information.
2 • TAXES
The successful bidder is responsible for all applicable tax including any VAT, sales or
compensating use tax or equivalent tax wherever such taxes may arise on the hammer price
and the buyer's premium. VAT charges and refunds depend on the particular circumstances of
the buyer. It is the buyer's responsibility to ascertain and pay all taxes due. VAT is payable on
the buyer's premium and, for some lots, VAT is payable on the hammer price. Further
information can be found in the 'VAT Symbols and Explanation' section of our catalogue. In all
circumstances EU and Swiss law takes precedence. For lots Christie's ships to the United
States, sales or use tax may be due on the hammer price, buyer's premium and/or any other
charges related to the lot, regardless of the nationality or citizenship of the purchaser. Christie's
will collect sales tax where legally required. The applicable sales tax rate will be determined
based upon the state, county, or locale to which the lot will be shipped. Successful bidders
claiming an exemption from sales tax must provide appropriate documentation to Christie's
prior to the release of the lot. For shipments to those states for which Christie's is not required
to collect sales tax, a successful bidder may be required to remit use tax to that state's taxing
authorities. Christie's recommends you obtain your own independent tax advice with further
questions.
3 • ARTIST'S RESALE ROYALTY
In certain countries, local laws entitle the artist or the artist's estate to a royalty known as
'artist's resale right' when any lot created by the artist is sold. We identify these lots with the
symbol ? next to the lot number. If these laws apply to a lot, you must pay us an extra amount
equal to the royalty. We will pay the royalty to the appropriate authority on the seller's behalf.
The artist's resale royalty applies if the hammer price of the lot is 1,000 euro or more. The total
royalty for any lot cannot be more than 12,500 euro. We work out the amount owed as follows:
Royalty for the portion of the hammer price
(in euros)
4% up to 50,000
3% between 50,000.01 and 200,000
1% between 200,000.01 and 350,000
0.50% between 350,000.01 and 500,000
over 500,000, the lower of 0.25% and 12,500 euro.
We will work out the artist's resale royalty using the euro to sterling rate of exchange of the
European Central Bank on the day of the auction.
E • WARRANTIES
1 • SELLER'S WARRANTIES
For each lot, the seller gives a warranty that the seller:
(a) is the owner of the lot or a joint owner of the lot acting with the permission of the other coowners or, if the seller is not the owner or a joint owner of the lot, has the permission of the
owner to sell the lot, or the right to do so in law; and
(b) has the right to transfer ownership of the lot to the buyer without any restrictions or claims
by anyone else.
If either of the above warranties are incorrect, the seller shall not have to pay more than the
purchase price (as defined in paragraph F1(a) below) paid by you to us. The seller will not be
responsible to you for any reason for loss of profits or business, expected savings, loss of
opportunity or interest, costs, damages, other damages or expenses. The seller gives no
warranty in relation to any lot other than as set out above and, as far as the seller is allowed by
law, all warranties from the seller to you, and all other obligations upon the seller which may be
added to this agreement by law, are excluded.
2 • OUR AUTHENTICITY WARRANTY
We warrant, subject to the terms below, that the lots in our sales are authentic (our
"authenticity warranty"). If, within 5 years of the date of the auction, you give notice to us that
your lot is not authentic, subject to the terms below, we will refund the purchase price paid by
you. The meaning of authentic can be found in the glossary at the end of these Conditions of
Sale. The terms of the authenticity warranty are as follows:
(a) It will be honoured for claims notified within a period of 5 years from the date of the
auction. After such time, we will not be obligated to honour the authenticity warranty.
(b) It is given only for information shown in UPPERCASE type in the first line of the catalogue
description (the "Heading"). It does not apply to any information other than in the Heading
even if shown in UPPERCASE type.
(c) The authenticity warranty does not apply to any Heading or part of a Heading which is
qualified. Qualified means limited by a clarification in a lot's catalogue description or by the
use in a Heading of one of the terms listed in the section titled Qualified Headings on the
page of the catalogue headed "Important Notices and Explanation of Cataloguing Practice".
For example, use of the term "ATTRIBUTED TO…" in a Heading means that the lot is in
Christie's opinion probably a work by the named artist but no warranty is provided that the
lot is the work of the named artist. Please read the full list of Qualified Headings and a lot's
full catalogue description before bidding.
(d) The authenticity warranty applies to the Heading as amended by any Saleroom notice.
(e) The authenticity warranty does not apply where scholarship has developed since the
auction leading to a change in generally accepted opinion. Further, it does not apply if the
Heading either matched the generally accepted opinion of experts at the date of the sale or
drew attention to any conflict of opinion.
(f) The authenticity warranty does not apply if the lot can only be shown not to be authentic by
a scientific process which, on the date we published the catalogue, was not available or
generally accepted for use, or which was unreasonably expensive or impractical, or which
was likely to have damaged the lot.
(g) The benefit of the authenticity warranty is only available to the original buyer shown on the
invoice for the lot issued at the time of the sale and only if, on the date of the notice of
claim, the original buyer is the full owner of the lot and the lot is free from any claim,
interest or restriction by anyone else. The benefit of this authenticity warranty may not be
transferred to anyone else.
(h) In order to claim under the authenticity warranty you must:
i) give us written details, including full supporting evidence, of any claim within 5 years
of the date of the auction;
ii) at Christie's option, we may require you to provide the written opinions of two
recognised experts in the field of the lot mutually agreed by you and us in advance
confirming that the lot is not authentic. If we have any doubts, we reserve the right to
obtain additional opinions at our expense; and
iii) return the lot at your expense to the saleroom from which you bought it in the
condition it was in at the time of sale.
(i) Your only right under this authenticity warranty is to cancel the sale and receive a refund of
the purchase price paid by you to us. We will not, in any circumstances, be required to pay
you more than the purchase price nor will we be liable for any loss of profits or business,
loss of opportunity or value, expected savings or interest, costs, damages, other damages or
expenses.
(j) Books. Where the lot is a book, we give an additional warranty for 14 days from the date of
the sale that if on collation any lot is defective in text or illustration, we will refund your
purchase price, subject to the following terms:
i) This additional warranty does not apply to:
a. the absence of blanks, half titles, tissue guards or advertisements, damage in
respect of bindings, stains, spotting, marginal tears or other defects not
affecting completeness of the text or illustration;
b. drawings, autographs, letters or manuscripts, signed photographs, music,
atlases, maps or periodicals;
c. books not identified by title;
d. lots sold without a printed estimate;
e. books which are described in the catalogue as sold not subject to return; or
f. defects stated in any condition report or announced at the time of sale.
ii) To make a claim under this paragraph you must give written details of the defect
and return the lot to the sale room at which you bought it in the same condition as
at the time of sale, within 14 days of the date of the sale.
(k) South East Asian Modern and Contemporary Art and Chinese Calligraphy and Painting.
In these categories, the authenticity warranty does not apply because current scholarship does
not permit the making of definitive statements. Christie's does, however, agree to cancel a sale
in either of these two categories of art where it has been proven the lot is a forgery. Christie's
will refund to the original buyer the purchase price in accordance with the terms of Christie's
authenticity warranty, provided that the original buyer notifies us with full supporting evidence
documenting the forgery claim within twelve (12) months of the date of the auction. Such
evidence must be satisfactory to us that the lot is a forgery in accordance with paragraph
E2(h)(ii) above and the lot must be returned to us in accordance with E2h(iii) above. Paragraphs
E2(b), (c), (d), (e), (f), (g) and (i) also apply to a claim under these categories.
3 • YOUR WARRANTIES
(a) You warrant that the funds used for settlement are not connected with any criminal activity,
including tax evasion, and you are neither under investigation, nor have you been charged
with or convicted of money laundering, terrorist activities or other crimes.
(b) where you are bidding on behalf of another person, you warrant that:
i) you have conducted appropriate customer due diligence on the ultimate buyer(s) of
the lot(s) in accordance with all applicable anti-money laundering and sanctions
laws, consent to us relying on this due diligence, and you will retain for a period of
not less than 5 years the documentation evidencing the due diligence. You will
make such documentation promptly available for immediate inspection by an
independent third-party auditor upon our written request to do so;
ii) the arrangements between you and the ultimate buyer(s) in relation to the lot or
otherwise do not, in whole or in part, facilitate tax crimes; and
iii) you do not know, and have no reason to suspect, that the funds used for settlement
are connected with, the proceeds of any criminal activity, including tax evasion, or
that the ultimate buyer(s) are under investigation, or have been charged with or
convicted of money laundering, terrorist activities or other crimes.
F • PAYMENT
1 • HOW TO PAY
(a) Immediately following the auction, you must pay the purchase price being:
i) the hammer price; and
ii) the buyer's premium; and
iii) any amounts due under section D3 above; and
iv) any duties, goods, sales, use, compensating or service tax or VAT.
Payment is due no later than by the end of the 7th calendar day following the date of the
auction (the "due date").
(b) We will only accept payment from the registered bidder. Once issued, we cannot change
the buyer's name on an invoice or re-issue the invoice in a different name. You must pay
immediately even if you want to export the lot and you need an export licence.
(c) You must pay for lots bought at Christie's in Switzerland in the currency stated on the
invoice in one of the following ways:
i) Wire transfer
You must make payments to:
Crédit Suisse, Case Postale 100, 1211 Geneva 70, Switzerland, Account number: 161766 -
41, Clearing: 4835, Swift code: CRESCHZZ12A. IBAN (international bank account
number): CH30 0483 5016 1766 4100 0.
ii) Credit Card.
We accept most major credit cards subject to certain conditions. You may make payment
via credit card in person. You may also make a 'cardholder not present' (CNP) payment by
calling Christie's Post-Sale Services Department on +41 223 191 780 or for some sales, by
logging into your MyChristie's account by going to: www.christies.com/mychristies.Details
of the conditions and restrictions applicable to credit card payments are available from our
Post-Sale Services Department, whose details are set out in paragraph (e) below. If you
pay for your purchase using a credit card issued outside the region of the sale, depending
on the type of credit card and account you hold, the payment may incur a cross-border
transaction fee. If you think this may apply to, you, please check with your credit card
issuer before making the payment.
Please note that for sales that permit online payment, certain transactions will be ineligible
for credit card payment.
iii) Cash
We accept cash subject to a maximum of CHF 12,500 per buyer per year at our Cashiers
Department only (subject to conditions).
iv) Banker's draft
We do not accept banker's drafts for sales in Switzerland.
v) Cheque
We do not accept personal or company cheques for sales in Switzerland.
(d) You must quote the sale number, lot number(s), your invoice number and Christie's client
account number when making a payment. All payments sent by post must be sent to:
Christie's, Cashiers Department, 8 Place de la Taconnerie, 1204 Geneva, Switzerland.
(e) For more information please contact our Cashiers Department by phone on +41 22 319 17
40 or fax on +41 22 319 1767.
2 • TRANSFERRING OWNERSHIP TO YOU
You will not own the lot and ownership of the lot will not pass to you until we have received full
and clear payment of the purchase price, even in circumstances where we have released the lot
to the buyer.
3 • TRANSFERRING RISK TO YOU
The risk in and responsibility for the lot will transfer to you from whichever is the earlier of the
following:
(a) When you collect the lot; or
(b) At the end of the 30th day following the date of the auction or, if earlier, the date the lot is
taken into care by a third party warehouse as set out on the page headed 'Storage and
Collection', unless we have agreed otherwise with you in writing.
4 • WHAT HAPPENS IF YOU DO NOT PAY
(a) If you fail to pay us the purchase price in full by the due date, we will be entitled to do one
or more of the following (as well as enforce our rights under paragraph F5 and any other
rights or remedies we have by law):
i) to charge interest from the due date at a rate of 1% per month on the unpaid
amount due;
ii) we can cancel the sale of the lot. If we do this, we may sell the lot again, publicly or
privately on such terms we shall think necessary or appropriate, in which case you
must pay us any shortfall between the purchase price and the proceeds from the
resale. You must also pay all costs, expenses, losses, damages and legal fees we
have to pay or may suffer and any shortfall in the seller's commission on the resale;
iii) we can pay the seller an amount up to the net proceeds payable in respect of the
amount bid by your default in which case you acknowledge and understand that
Christie's will have all of the rights of the seller to pursue you for such amounts;
iv) we can hold you legally responsible for the purchase price and may begin legal
proceedings to recover it together with other losses, interest, legal fees and costs
as far as we are allowed by law;
v) we can take what you owe us from any amounts which we or any company in the
Christie's Group may owe you (including any deposit or other part-payment which
you have paid to us);
vi) we can, at our option, reveal your identity and contact details to the seller;
vii) we can reject at any future auction any bids made by or on behalf of the buyer or to
obtain a deposit from the buyer before accepting any bids;
viii) to exercise all the rights and remedies of a person holding security over any
property in our possession owned by you, whether by way of pledge, security
interest or in any other way as permitted by the law of the place where such
property is located. You will be deemed to have granted such security to us and we
may retain such property as collateral security for your obligations to us; and
ix) we can take any other action we see necessary or appropriate.
(b) If you owe money to us or to another Christie's Group company we can use any amount you
do pay, including any deposit or other part-payment you have made to us, or which we owe
you, to pay off any amount you owe to us or another Christie's Group company for any
transaction.
(c) If you make payment in full after the due date, and we choose to accept such payment we
may charge you storage and transport costs from the date that is 30 calendar days
following the auction in accordance with paragraphs Gd(i) and (ii). In such circumstances
paragraph Gd(iv) shall apply.
5 • KEEPING YOUR PROPERTY
If you owe money to us or to another Christie's Group company, as well as the rights set out in
F4 above, we can use or deal with any of your property we hold or which is held by another
Christie's Group company in any way we are allowed to by law. We will only release your
property to you after you pay us or the relevant Christie's Group company in full for what you
owe. However, if we choose, we can also sell your property in any way we think appropriate. We
will use the proceeds of the sale against any amounts you owe us and we will pay any amount
left from that sale to you. If there is a shortfall, you must pay us any difference between the
amount we have received from the sale and the amount you owe us.
G • COLLECTION AND STORAGE
(a) We ask that you collect purchased lots promptly following the auction (but note that you
may not collect any lot until you have made full and clear payment of all amounts due to
us).
(b) Information on collecting lots is set out on the storage and collection page and on an
information sheet which you can get from the bidder registration staff or Christie's Postsale Services Department +41 223 191 780.
(c) If you do not collect any lot promptly following the auction we can, at our option, remove
the lot to another Christie's location or an affiliate or third party warehouse.
(d) If you do not collect a lot by the end of the 30th day following the date of the auction,
unless otherwise agreed in writing:
(i) we will charge you storage costs from that date.
(ii) we can, at our option, move the lot to or within an affiliate or third party warehouse and
charge you transport costs and administration fees for doing so.
(iii) we may sell the lot in any commercially reasonable way we think appropriate.
(iv) the storage terms which can be found at christies.com/storage shall apply.
(v) Nothing in this paragraph is intended to limit our rights under paragraph F4.
H • TRANSPORT AND SHIPPING
1 • TRANSPORT AND SHIPPING
We will enclose a transport and shipping form with each invoice sent to you. You must make all
transport and shipping arrangements. However, we can arrange to pack, transport and ship
your property if you ask us to and pay the costs of doing so. We recommend that you ask us for
an estimate, especially for any large items or items of high value that need professional packing
before you bid. We may also suggest other handlers, packers, transporters or experts if you ask
us to do so. For more information, please contact Christie's Art Transport on +41 (0)22 319 1717.
See the information set out at www.christies.com/shipping or contact us at
shippinggeneva@christies.com. We will take reasonable care when we are handling, packing,
transporting and shipping a lot. However, if we recommend another company for any of these
purposes, we are not responsible for their acts, failure to act or neglect.
2 • EXPORT AND IMPORT
Any lot sold at auction may be affected by laws on exports from the country in which it is sold
and the import restrictions of other countries. Many countries require a declaration of export for
property leaving the country and/or an import declaration on entry of property into the country.
Local laws may prevent you from importing a lot or may prevent you selling a lot in the country
you import it into. We will not be obliged to cancel your purchase and refund the purchase
price if your lot may not be exported, imported or it is seized for any reason by a government
authority. It is your responsibility to determine and satisfy the requirements of any applicable
laws or regulations relating to the export or import of any lot you purchase.
(a) You alone are responsible for getting advice about and meeting the requirements of any
laws or regulations which apply to exporting or importing any lot prior to bidding. If you are
refused a licence or there is a delay in getting one, you must still pay us in full for the lot.
We may be able to help you apply for the appropriate licences if you ask us to and pay our
fee for doing so. However, we cannot guarantee that you will get one. For more information,
please contact Christie's Art Transport Department on +41 (0)22 319 1717. See the
information set out at www.christies.com/shipping or contact us at
shippinggeneva@christies.com.
(b) You alone are responsible for any applicable taxes, tariffs or other government-imposed
charges relating to the export or import of the lot. If Christie's exports or imports the lot on
your behalf, and if Christie's pays these applicable taxes, tariffs or other governmentimposed charges, you agree to refund that amount to Christie's.
(c) Lots made of protected species
Lots made of or including (regardless of the percentage) endangered and other protected
species of wildlife are marked with the symbol ~ in the catalogue. This material includes,
among other things, ivory, tortoiseshell, crocodile skin, rhinoceros horn, whalebone certain
species of coral, and Brazilian rosewood. You should check the relevant customs laws and
regulations before bidding on any lot containing wildlife material if you plan to import the
lot into another country. Several countries refuse to allow you to import property containing
these materials, and some other countries require a licence from the relevant regulatory
agencies in the countries of exportation as well as importation. In some cases, the lot can
only be shipped with an independent scientific confirmation of species and/or age and you
will need to obtain these at your own cost. If a lot contains elephant ivory, or any other
wildlife material that could be confused with elephant ivory, (for example, mammoth ivory,
walrus ivory, helmeted hornbill ivory) please see further important information in paragraph
(d) if you are proposing to import the lot into the USA. We will not be obliged to cancel your
purchase and refund the purchase price if your lot may not be exported, imported or it is
seized for any reason by a government authority. It is your responsibility to determine and
satisfy the requirements of any applicable laws or regulations relating to the export or
import of property containing such protected or regulated material.
(d) US import ban on African elephant ivory
The USA prohibits the import of ivory from the African elephant. Any lot containing
elephant ivory or other wildlife material that could be easily confused with elephant ivory
(for example, mammoth ivory, walrus ivory, helmeted hornbill ivory) can only be imported
into the US with results of a rigorous scientific test acceptable to Fish & Wildlife which
confirms that the material is not African elephant ivory. Where we have conducted such
rigorous scientific testing on a lot prior to sale, we will make this clear in the lot description.
In all other cases, we cannot confirm whether a lot contains African elephant ivory, and you
will buy that lot at your own risk and be responsible for any scientific test or other reports
required for import into the USA at your own cost. If such scientific test is inconclusive or
confirms the material is from the African elephant, we will not be obliged to cancel your
purchase and refund the purchase price.
(e) Lots of Iranian origin
Some countries prohibit or restrict the purchase and/or import of Iranian-origin "works of
conventional craftsmanship" (works that are not by a recognized artist and/or that have a
function, for example: carpets, bowls, ewers, tiles, ornamental boxes). For example, the USA
prohibits the import of this type of property and its purchase by US persons (wherever
located). Other countries, such as Canada, only permit the import of this property in certain
circumstances. As a convenience to buyers, Christie's indicates under the title of a lot if the
lot originates from Iran (Persia). It is your responsibility to ensure you do not bid on or
import a lot in contravention of the sanctions or trade embargoes that apply to you.
(f) Gold
Gold of less than 18ct does not qualify in all countries as 'gold' and may be refused import
into those countries as 'gold'.
(g) Watches
Many of the watches offered for sale in this catalogue are pictured with straps made of
endangered or protected animal materials such as alligator or crocodile. These lots are
marked with the symbol ? in the catalogue. These endangered species straps are shown for
display purposes only and are not for sale. Christie's will remove and retain the strap prior
to shipment from the sale site. At some sale sites, Christie's may, at its discretion, make the
displayed endangered species strap available to the buyer of the lot free of charge if
collected in person from the sale site within 1 year of the date of the sale. Please check with
the department for details on a particular lot.
For all symbols and other markings referred to in paragraph H2, please note that lots are
marked as a convenience to you, but we do not accept liability for errors or for failing to mark
lots.
I • OUR LIABILITY TO YOU
(a) We give no warranty in relation to any statement made, or information given, by us or our
representatives or employees, about any lot other than as set out in the authenticity
warranty and, as far as we are allowed by law, all warranties and other terms which may be
added to this agreement by law are excluded. The seller's warranties contained in
paragraph E1 are their own and we do not have any liability to you in relation to those
warranties.
(b) (i) We are not responsible to you for any reason (whether for breaking this agreement or
any other matter relating to your purchase of, or bid for, any lot) other than in the event of
fraud or fraudulent misrepresentation by us or other than as expressly set out in these
conditions of sale; or (ii) we do not give any representation, warranty or guarantee or
assume any liability of any kind in respect of any lot with regard to merchantability, fitness
for a particular purpose, description, size, quality, condition, attribution, authenticity, rarity,
importance, medium, provenance, exhibition history, literature, or historical relevance.
Except as required by local law, any warranty of any kind is excluded by this paragraph.
(c) In particular, please be aware that our written and telephone bidding services, Christie's
LIVE™, condition reports, currency converter and saleroom video screens are free services
and we are not responsible to you for any error (human or otherwise), omission or
breakdown in these services.
(d) We have no responsibility to any person other than a buyer in connection with the purchase
of any lot.
(e) If, in spite of the terms in paragraphs (a) to (d) or E2(i) above, we are found to be liable to
you for any reason, we shall not have to pay more than the purchase price paid by you to us.
We will not be responsible to you for any reason for loss of profits or business, loss of
opportunity or value, expected savings or interest, costs, damages, or expenses.
J • OTHER TERMS
1 • OUR ABILITY TO CANCEL
In addition to the other rights of cancellation contained in this agreement, we can cancel a sale
of a lot if:
(a) any of your warranties in paragraph E3 are not correct;
(b) we reasonably believe that completing the transaction is or may be unlawful; or
(c) we reasonably believe that the sale places us or the seller under any liability to anyone else
or may damage our reputation.
2 • RECORDINGS
We may videotape and record proceedings at any auction. We will keep any personal
information confidential, except to the extent disclosure is required by law. However, we may,
through this process, use or share these recordings with another Christie's Group company and
marketing partners to analyse our customers and to help us to tailor our services for buyers. If
you do not want to be videotaped, you may make arrangements to make a telephone or written
bid or bid on Christie's LIVE™ instead. Unless we agree otherwise in writing, you may not
videotape or record proceedings at any auction.
3 • COPYRIGHT
We own the copyright in all images, illustrations and written material produced by or for us
relating to a lot (including the contents of our catalogues unless otherwise noted in the
catalogue). You cannot use them without our prior written permission. We do not offer any
guarantee that you will gain any copyright or other reproduction rights to the lot.
4 • ENFORCING THIS AGREEMENT
If a court finds that any part of this agreement is not valid or is illegal or impossible to enforce,
that part of the agreement will be treated as being deleted and the rest of this agreement will
not be affected.
5 • TRANSFERRING YOUR RIGHTS AND RESPONSIBILITIES
You may not grant a security over or transfer your rights or responsibilities under these terms
on the contract of sale with the buyer unless we have given our written permission. This
agreement will be binding on your successors or estate and anyone who takes over your rights
and responsibilities.
6 • TRANSLATIONS
If we have provided a translation of this agreement, we will use this original version in deciding
any issues or disputes which arise under this agreement.
7 • PERSONAL INFORMATION
We will hold and process your personal information and may pass it to another Christie's
Group company for use as described in, and in line with, our privacy notice at
www.christies.com/about-us/contact/privacy and if you are a resident of California you can
see a copy of our California Consumer Privacy Act statement at
https://www.christies.com/about-us/contact/ccpa.
8 • WAIVER
No failure or delay to exercise any right or remedy provided under these Conditions of Sale
shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the
further exercise of that or any other right or remedy. No single or partial exercise of such right
or remedy shall prevent or restrict the further exercise of that or any other right or remedy.
9 • LAW AND DISPUTES
This agreement, and any contractual or non-contractual dispute arising out of or in connection
with this agreement, will be governed by Swiss law, excluding the Convention on Contracts for
the International Sale of Goods. Before either you or we start any court proceedings and if you
and we agree, you and we will try to settle the dispute by mediation in accordance with the
Swiss Rules of Mediation of the Swiss Chambers' Arbitration Institution. If the dispute is not
settled by mediation, you agree for our benefit that the dispute will be referred to and dealt
with exclusively in the cantonal courts located in Christie's place of business, subject to any
appeal to the Swiss Federal Supreme Court; however, we will have the right to bring
proceedings against you in any other court.
10 • REPORTING ON WWW.CHRISTIES.COM
Details of all lots sold by us, including catalogue descriptions and prices, may be reported on
www.christies.com. Sales totals are hammer price plus buyer's premium and do not reflect
costs, financing fees, or application of buyer's or seller's credits. We regret that we cannot
agree to requests to remove these details from www.christies.com.
K • GLOSSARY
auctioneer : the individual auctioneer and/or Christie's.
authentic : a genuine example, rather than a copy or forgery of:
(i) the work of a particular artist, author or manufacturer, if the lot is described in the
Heading as the work of that artist, author or manufacturer;
(ii) a work created within a particular period or culture, if the lot is described in the
Heading as a work created during that period or culture;
(iii) a work for a particular origin source if the lot is described in the Heading as being of
that origin or source; or
(iv) in the case of gems, a work which is made of a particular material, if the lot is described
in the Heading as being made of that material.
authenticity warranty: the guarantee we give in this agreement that a lot is authentic as set out
in section E2 of this agreement.
buyer's premium: the charge the buyer pays us along with the hammer price.
catalogue description: the description of a lot in the catalogue for the auction, as amended by
any saleroom notice.
Christie's Group: Christie's International Plc, its subsidiaries and other companies within its
corporate group.
condition: the physical condition of a lot.
due date: has the meaning given to it paragraph F1(a).
estimate: the price range included in the catalogue or any saleroom notice within which we
believe a lot may sell. Low estimate means the lower figure in the range and high estimate
means the higher figure. The mid estimate is the midpoint between the two.
hammer price: the amount of the highest bid the auctioneer accepts for the sale of a lot.
Heading: has the meaning given to it in paragraph E2.
lot: an item to be offered at auction (or two or more items to be offered at auction as a group).
other damages: any special, consequential, incidental or indirect damages of any kind or any
damages which fall within the meaning of 'special', 'incidental' or 'consequential' under local
law.
purchase price: has the meaning given to it in paragraph F1(a).
provenance: the ownership history of a lot.
qualified : has the meaning given to it in paragraph E2 and Qualified Headings means the
section headed Qualified Headings on the page of the catalogue headed 'Important Notices and
Explanation of Cataloguing Practice'.
reserve: the confidential amount below which we will not sell a lot.
saleroom notice : a written notice posted next to the lot in the saleroom and on
www.christies.com, which is also read to prospective telephone bidders and notified to clients
who have left commission bids, or an announcement made by the auctioneer either at the
beginning of the sale, or before a particular lot is auctioned.
UPPER CASE type: means having all capital letters.
warranty: a statement or representation in which the person making it guarantees that the
facts set out in it are correct.
Symbols used in this Catalogue
The meaning of words coloured in bold in this section can be found at the end of the section of
the catalogue headed 'Conditions of Sale'
º Christie's has a direct financial interest in the lot. See Important Notices and Explanation of
Cataloguing Practice.
? Owned by Christie's or another Christie's Group company in whole or part. See Important
Notices and Explanation of Cataloguing Practice.
? Christie's has a direct financial interest in the lot and has funded all or part of our interest
with the help of someone else. See Important Notices and Explanation of Cataloguing Practice.
? Artist's Resale Right. See Section D3 of the Conditions of Sale.
• Lot offered without reserve which will be sold to the highest bidder regardless of the pre-sale
estimate in the catalogue.
~ Lot incorporates material from endangered species- which could result in export restrictions.
See Section H2(c) of the Conditions of Sale.
~ Lot incorporates material from endangered species which is shown for display purposes only
and is not for sale. See Section H2(g) of the Conditions of Sale
+ See VAT Symbols and Explanation.
Please note that lots are marked as a convenience to you and we shall not be liable for any
errors in, or failure to, mark a lot.
Vat Symbols and Explanation
You can find a glossary explaining the meanings of words coloured in bold on this page at the
end of the section of the catalogue headed 'Conditions of Sale'
VAT payable
Symbol
No Symbol No VAT will be charged on the hammer price.
VAT at 7.7% will be charged on the buyer's premium.
+ VAT will be charged at 7.7% on both the hammer price and buyer's
premium.
VAT Exemptions/Refunds on Export
1. If you appoint Christie's Art Transport or one of our authorised shippers to arrange your
export/shipping out of the Swiss customs territory (being Switzerland and the
principality of Liechtenstein), we will issue you with an export invoice exempt from
Swiss VAT. If you later cancel or change the shipment we will issue a revised invoice
charging you all applicable tax charges.
2. If you wish to arrange your own export of your purchased lots out of the Swiss Customs
territory either:
a) using your own shipper or by hand carrying your purchase out of the Swiss customs
territory; or
b) if you request us to deliver your purchase to a Freeport in Switzerland (for non-Swiss
resident buyers only);
then you must pay all applicable Swiss VAT charges in full, before we release or deliver
the lots to you or your authorised agents.
3. Please note that Christie's is only able to issue refunds of the applicable Swiss VAT
charged in the circumstances outlined in paragraph 2 above, if we receive the following:
a) satisfactory evidence of a definitive export of the purchased lots out of the Swiss
customs territory (e.g. a customs stamped Swiss export assessment) demonstrating a
correct export of the purchased lots within (i) three months of the date of the auction
for direct exports (not via the Freeport); or (ii) six months from the date of the auction
for exports via the Freeport;
b) your written confirmation that you have not used the lot in Switzerland prior to its
export; and
c) your written confirmation that you have not and will not request a refund of the
Swiss VAT from the Swiss VAT authority.
4. If you have any questions about VAT please contact the Post-Sale Services Department
on +41 22 319 1780 or PostSaleSwiss@christies.com.
IMPORTANT NOTICES AND EXPLANATION OF CATALOGUING
PRACTICE
IMPORTANT NOTICES
? Property owned in part or in full by Christie's
From time to time, Christie's may offer a lot which it owns in whole or in part. Such property is
identified in the catalogue with the symbol ? next to its lot number.
º Minimum Price Guarantees:
On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots
consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the
outcome of the auction, the Seller will receive a minimum sale price for the work. This is known
as a minimum price guarantee. Where Christie's holds such financial interest we identify such
lots with the symbol º next to the lot number.
º ? Third Party Guarantees/Irrevocable bids
Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which
can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that
risk with a third party. In such cases, the third party agrees prior to the auction to place an
irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot
and, even if there are no other bids, buying the lot at the level of the written bid unless there are
any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being
sold. If the lot is not sold, the third party may incur a loss. Lots which are subject to a third party
guarantee arrangement are identified in the catalogue with the symbol º ?.
In most cases, Christie's compensates the third party in exchange for accepting this risk.
Where the third party is the successful bidder, the third party's remuneration is based on a
fixed financing fee. If the third party is not the successful bidder, the remuneration may either
be based on a fixed fee or an amount calculated against the final hammer price. The third party
may also bid for the lot above the written bid. Where the third party is the successful bidder,
Christie's will report the final purchase price net of the fixed financing fee.
Third party guarantors are required by us to disclose to anyone they are advising their financial
interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are
advised by or bidding through an agent on a lot identified as being subject to a third party
guarantee you should always ask your agent to confirm whether or not he or she has a financial
interest in relation to the lot.
Other Arrangements
Christie's may enter into other arrangements not involving bids. These include arrangements
where Christie's has given the Seller an advance on the proceeds of sale of the lot or where
Christie's has shared the risk of a guarantee with a partner without the partner being required
to place an irrevocable written bid or otherwise participating in the bidding on the lot. Because
such arrangements are unrelated to the bidding process they are not marked with a symbol in
the catalogue.
Bidding by parties with an interest
In any case where a party has a financial interest in a lot and intends to bid on it we will make a
saleroom announcement to ensure that all bidders are aware of this. Such financial interests
can include where beneficiaries of an Estate have reserved the right to bid on a lot consigned
by the Estate or where a partner in a risk-sharing arrangement has reserved the right to bid on
a lot and/or notified us of their intention to bid.
Please see http://www.christies.com/ financial-interest/ for a more detailed explanation of
minimum price guarantees and third party financing arrangements.
Where Christie's has an ownership or financial interest in every lot in the catalogue, Christie's
will not designate each lot with a symbol, but will state its interest in the front of the catalogue.
EXPLANATION OF CATALOGUING PRACTICE
Terms used in this catalogue have the meanings ascribed to them below. Please note that all
statements in a catalogue or lot description as to authorship are made subject to the provisions
of the Conditions of Sale, including the authenticity warranty. Our use of these expressions
does not take account of the condition of the lot or of the extent of any restoration. Written
condition reports are usually available on request.
A term and its definition listed under 'Qualified Headings' is a qualified statement as to
authorship. While the use of this term is based upon careful study and represents the opinion
of specialists, Christie's and the consignor assume no risk, liability and responsibility for the
authenticity of authorship of any lot in this catalogue described by this term, and the
authenticity warranty shall not be available with respect to lots described using this term.
PICTURES, DRAWINGS, PRINTS, MINIATURES AND SCULPTURE
Name(s) or Recognised Designation of an artist without any qualification: in Christie's opinion a
work by the artist.
QUALIFIED HEADINGS
"Attributed to…": in Christie's qualified opinion probably a work by the artist in whole or in part.
"Studio of …"/"Workshop of …": in Christie's qualified opinion a work executed in the studio or
workshop of the artist, possibly under his supervision.
"Circle of …": in Christie's qualified opinion a work of the period of the artist and showing his
influence.
"Follower of …": in Christie's qualified opinion a work executed in the artist's style but not
necessarily by a pupil.
"Manner of …": in Christie's qualified opinion a work executed in the artist's style but of a later
date.
"After …": in Christie's qualified opinion a copy (of any date) of a work of the artist.
"Signed …"/"Dated …"/ "Inscribed …": in Christie's qualified opinion the work has been
signed/dated/inscribed by the artist.
"With signature …"/"With date …"/ "With inscription …": in Christie's qualified opinion the
signature/ date/inscription appears to be by a hand other than that of the artist.
The date given for Old Master, Modern and Contemporary Prints is the date (or approximate
date when prefixed with 'circa') on which the matrix was worked and not necessarily the date
when the impression was printed or published.
REGARDING WEIGHTS AND MEASUREMENTS
Please note that weights and measurements in the catalogue should be considered as
approximate. These figures are to be used as guidelines and should not be relied upon as exact.
JEWELLERY
"Boucheron": when maker's name appears in the title, in Christie's opinion it is by that maker.
"Mount by Boucheron": in Christie's opinion the setting has been created by the jeweller using
stones originally supplied by the jeweller's client.
QUALIFIED HEADINGS
"Signed Boucheron / Signature Boucheron": in Christie's qualified opinion has a signature by
the jeweller.
"With maker's mark for Boucheron": in Christie's qualified opinion has a mark denoting the
maker.
Periods
Art Nouveau 1895-1910
Belle Epoque 1895-1914
Art Deco 1915-1935
Retro 1940s
FABERGÉ
QUALIFIED HEADINGS
"Marked Fabergé, Workmaster …": in Christie's qualified opinion a work of the master's
workshop inscribed with his name or initials and his workmaster's initials.
"By Fabergé …": in Christie's qualified opinion, a work of the master's workshop, but without his
mark.
"In the style of …": in Christie's qualified opinion a work of the period of the master and closely
related to his style.
"Bearing marks …": in Christie's qualified opinion not a work of the master's workshop and
bearing later marks.
WATCHES
Authenticity Certificates
As certain manufacturers may not issue certificates of authenticity, Christie's has no obligation
to furnish a buyer with a certificate of authenticity from the manufacturer, except where
specifically noted in the catalogue. Unless Christie's is satisfied that it should cancel the sale in
accordance with the authenticity warranty, the failure of a manufacturer to issue a certificate
will not constitute grounds for cancellation of the sale.
Removal of Watch Batteries
Lots marked with the symbol ? in the catalogue incorporate batteries which may be
designated as "dangerous goods" under international laws and regulations governing the
transport of goods by air freight. If buyers request shipment of such lots to regions outside the
region in which the saleroom is located, the batteries will be removed and retained prior to
shipment. If such lots are collected from the saleroom, the batteries will be made available for
collection free of charge.
CULTURAL PROPERTY
Certain lots consigned to us for sale are subject to the Swiss Federal Law on the international
transfer of Cultural Property. This law contains rules governing the export of Cultural Property
as defined by the UNESCO Convention of 14 November 1970, which sets out the measures to
be taken in order to prevent the illicit import, export and trading of Cultural Property. Pursuant
to this law, the export of such Cultural Property from Switzerland must be declared and prior
authorisation may also be required. Please contact us if you require any further information.
