Lot 193: Hong Nian Zhang b.1947

Sunday, May 22, 2011 at 1pm The James Cox Gallery acts as agent for various consignors. The Gallery is not acting as agent for the bidder or buyer. The James Cox Gallery (JCG) at Woodstock has taken care to describe and depict all items fairly and accurately, but takes no responsibility regarding authenticity, condition, or description. All lots may be examined prior to sale at the times and places listed in our promotional advertising and on our website. Descriptions may be altered at any time by notice or announcements. Bids made in person, by telephone, online, by agents or in written form may be submitted to the auctioneer. By registering to bid you agree to be bound by all terms and conditions of sale. Bidding on any item indicates acceptance of the following terms:TERM AND CONDITIONS OF SALE:1) REGISTRATION: All prospective bidders are required to register in advance of the sale. We may require photo identification and bank references for registration. By bidding at the auction, a buyer assumes responsibility to pay the purchase price (bid plus the buyer's premium) and any additional charges that become due and payable in connection with the purchase of property. Proper identification will be required. Auctioneer reserves the right to refuse to register any prospective bidder for any reason.2) BUYER'S PREMIUMS: All bidders will also be subject to a 15% buyer's premium.  Take note: Online bidders may be subject to an additional fee as described by the live online auction service being utilized.3) PAYMENT: Acceptable forms of payment include MasterCard and Visa or PayPal, sent to pay@jamescoxgallery.com. Buyers who have established accounts with the James Cox Gallery prior to the auction may make pay by check, bank check or money order.  Buyers in attendance may make payment in cash, VISA or Master Card or with approved check.4) BIDDING: The highest bidder acknowledged by the auctioneer shall be the buyer. In case of a dispute the auctioneer shall determine the buyer or re-open the bidding process to settle the dispute. As a convenience to buyers who cannot be present on the day of the sale we will use reasonable efforts to execute, on a competitive basis, bids left with us via phone, fax, in person or the internet, whether by absentee or a live Internet bidding. We assume no responsibility for failure to execute any such bid, or for errors or omissions made in connection with the executing of any such bid. In the case of tie bids between a bidder in attendance and a bidder not in attendance, the bid from the person in attendance shall win.5) Once property is sold the buyer assumes all risk of loss or damage to the property. The buyer assumes responsibility for all costs and expenses related to the sale. Ownership passes to the buyer when full payment is received.6) Pre-sale estimates are intended to be rough guides of value and do not necessarily reflect actual value or hammer price.7) The JCG has the right, at their absolute discretion, to determine the conduct of the sale as they see fit. They reserve the right to advance bidding, to reject bids, to combine lots, to split lots, to re-offer and resell lots and to withdraw lots before the actual sale.8) RESERVES: Reserves are in some cases set by sellers as a confidential minimum that must be met before an actual sale is consummated. Lots with reserves are indicated in the print and on-line catalogue. No reserve is higher than the low estimate.9) The JCG reserves the right to withdraw any lot from the sale at their discretion.10) SALES TAX: All sales are subject to New York state sales tax (in Ulster County 8%) except where/when exempt by law. Proper documentation must be on file before this tax may be waived. International buyers assume responsibility for any additional taxes or fees associated with shipment destinations.11) SHIPPING: Shipping, packing and insurance are all outsourced (see list of approved shippers) and are services provided at buyer's expense and paid directly to the shipper. Buyers may contract with their own shippers however they must complete auction payment to the James Cox Gallery in full before items are released to shippers.12) All property is sold AS IS. All sales are final. No returns are accepted. Descriptions of size, condition, images, subjects, dates etc. are made to the best of our knowledge but are opinions only. Bidders are encouraged to examine property in this sale, which they intend to bid on, prior to the auction.13) RECESSION OF SALE: Recession of sale by the James Cox Gallery. If we become aware of an adverse claim by a third party relating to property purchased by the buyer, we may, in our discretion, rescind the sale. The buyer will promptly return the property to us, at which time we refund the hammer price, the buyer's premium and sales tax with respect to the property. This refund will represent the sole remedy against us and/or the consignor in case of a recession of sale under this paragraph.NOTE: WE ARE HAPPY TO ANSWER QUESTIONS ABOUT ANY LOT OR PROCEDURE. IT IS BEST TO CONTACT US 48 HOURS OR MORE BEFORE THE SALE.Approved Shippers:Woodstock Post Express - 59 Mill Hill Road Woodstock, NY 12498 - (845) 679-8360The UPS Store 230 Kings Mall Court, Kingston, NY 12401 - (845) 336-4877

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