You may bid at or above the starting bid displayed on the Online Only Platform. To login to your Verified Account, please follow the login instructions provided at: (d) By registering to bid in an Online Only Auction (whether in an individual capacity or on behalf of a company), you acknowledge and agree that by submitting a bid in an Online Only Auction (i) in your individual capacity, in which case you accept personal liability to pay the amounts identified at Condition 8(b) below as principal and (ii) in your capacity as agent for an identified third party, in which case you accept joint and several liability to pay the Purchase Price with your principal. Further information and guidance as to the application of such taxes is provided in the Guide to Buying in an Online Only Auction set out above. (i) A Bidder may cancel a bid placed in an Online Only Auction only if either (A) the description of the Lot or the condition report for the Lot listed in the e-catalogue has been materially revised after the bid was placed; or (B) a notice regarding the Lot has been posted on Sotheby’s website after the bid was placed. Works sold in Hong Kong across the series of five Modern and Contemporary Art auctions achieved HK$1.73 billion / US$224.7 million, the highest sale total for any auction house in Asia this year, cementing Christie's Hong Kong as a global platform for 20th and 21st Century Art. (e) Nothing in this Condition 4 shall exclude or limit Sotheby’s liability in respect of any fraudulent misrepresentation made by Sotheby’s or the Seller, or in respect of death or personal injury caused by the negligent acts or omissions of Sotheby’s or the Seller. If you are outbid by another Bidder, you will receive an email notification to inform you accordingly and providing a link to follow to increase your bid. Sotheby's does not make any representations or warranties, express or implied, of any kind with respect to any Experience. 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. Once you have set up a Verified Account, you will be able to submit a bid for a Lot by entering your maximum bid and clicking the ‘Place Bid’ button which appears at Lot level on the Online Only Platform. Further details about how to become a Verified Accountholder are set out in Condition 5 of the Conditions of Business for Buyers (Online Only). You agree not to impose or attempt to impose any liability on any Sotheby's Party or seek any legal remedy from any Sotheby's Party with respect to any Experiences or the Online Only Auction. To be able to claim under this Guarantee, the Buyer must:-, (i) notify Sotheby’s in writing within three (3) months of receiving any information that causes the Buyer to question the authenticity or attribution of the item, specifying the lot number, date of the auction at which it was purchased and the reasons why it is thought to be counterfeit; and. Bids for a Lot may only be submitted between the dates and times specified in the Online Sale Information relating to the applicable Online Only Auction. (e) Unless otherwise agreed, payment of the total amount specified on the purchase invoice for a Lot is due by the Buyer immediately following receipt of the Sotheby’s invoice for the relevant purchased Lot and in any event no later than 48 hours after receipt of the Sotheby’s receipt (the "Due Date") notwithstanding any requirements for export, import or other permits for such Lot. Sotheby’s Hong Kong will host its autumn Magnificent Jewels and Jadeite auction next week, and the offering includes a contemporary fine jewelry collection from Chinese jeweler Anna Hu.. Clients who wish to provide resale or exemption documentation for their purchases should contact Post Sale Services Department. Sotheby's is not obliged to release a Lot to the Buyer until title in the Lot has passed and appropriate identification has been provided, and any earlier release does not affect the passing of title or the Buyer's unconditional obligation to pay the total amounts due for that Lot in accordance with Condition 8(b) above. The extension of any Lot's closing time does not affect the closing time of the following Lots. Competitive bidding can often escalate very quickly. These collections became the foundations of modern museums we know and love. to divide or combine any Lots. The seller of lots with this symbol has been guaranteed a minimum price from one auction or a series of auctions. Please note that this Guarantee does not apply if either:-, (i) the catalogue description was in accordance with the generally accepted opinions of scholars and experts 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 establishing at the date of the sale that the item was a counterfeit would have been by means of processes not then generally available or accepted, unreasonably expensive or impractical to use; or likely to have caused damage to the lot or likely (in Sotheby’s reasonable opinion) to have caused loss of value to the lot; or. We will comply fully with the Security Council’s resolutions regarding these matters. Exclusions and limitations of liability to Buyers. (h) If you fail to pay us the total amounts due for the purchased Lot(s) in accordance with Condition 8(b) above in full by the Due Date, Sotheby’s will be entitled to exercise any of the remedies identified at Condition 9 below. New forms of treatments and new scientific methods to discern them are constantly being developed. 11–18 December 2020 | 10:00 AM HKT | Hong Kong. Sotheby’s employees may bid only if the employee does not know the reserve and fully complies with Sotheby’s internal rules governing employee bidding. In our opinion a copy of a known work of the artist. i. reject, revoke or refuse to accept any bid submitted for a Lot using the Online Only Platform even those bids which have previously been accepted; ii. US Economic Sanctions: The United States maintains economic and trade sanctions against targeted foreign countries, groups and organisations. An Online Only Auction can be fast moving. Our presale estimates reflect this assumption. (d) You acknowledge and accept that Sotheby’s shall have the right in its absolute discretion to reduce the Reserve for any Lot at any time during the Online Only Auction provided this has been agreed with the Seller prior to any such reduction. If you are registered to bid as a company, your company will need to pay for any purchases in the name of the company via an accepted payment method. (e) In order to set up a Verified Account, you are required to supply the information requested, including valid credit card or other accepted payment method information. Sotheby’s Magnificent Jewels and Jadeite Spring Sale will take place in Hong Kong next April 6, where superb colourless and coloured diamonds, signed vintage and contemporary designs by renowned jewellers, together with splendid jadeite creations, will take the central stage. If you haven’t already registered as a Verified Accountholder, you will be prompted to do so at that point. The diamond—a highly important 102.39-carat D Colour Flawless Oval Diamond—is significant in itself, both because of its quality and its size, but it is the way it is being offered that is getting the most attention. In the event such resale is for less than the Purchase Price and Additional Buyer's Expenses for that Lot, the Buyer will remain liable for the shortfall together with all costs incurred in such resale; (i) commence legal proceedings to recover the Purchase Price and Additional Buyer's Expenses for that Lot, together with interest and the costs of such proceedings on a full indemnity basis; or. (c) If the Online Consumer cancels the sales contract within the Online Sale Cancellation Period, Sotheby’s will reimburse (without undue delay and in any event within fourteen (14) calendar days after receipt of the returned Lot from the Online Consumer within the time frame specified in Condition 11(a)(ii)) payments received by Sotheby’s from the Online Consumer (including the Purchase Price and any Standard Online Delivery Costs). Sotheby's has discretion to waive any of the above requirements. To the extent that Sotheby’s has laboratory reports containing specific information on the treatment of a stone, these reports are made available for review by prospective buyers. Sotheby’s Asia also sold the top three highest-value lots in Hong Kong auctions through 2020. The previous auction record for a jewel in Asia was an 118.28ct oval-shaped D flawless diamond that sold for $30.6m at Sotheby’s Hong Kong in October 2013. (d) Without prejudice to Conditions 3 and 4 above, Sotheby's and the Seller make no representations or warranties as to whether any lot is or is not subject to export or import restrictions or any embargoes. In our opinion probably a work by the artist but less certainty as to authorship is expressed than in the preceding category. Your shipper will include a quote for transit insurance. alligator and crocodile) are not sold with the watches and are for display purposes only. Sotheby’s is not responsible for any errors that the Bidder makes in bidding on a Lot. SOTHEBY’S AUTHENTICITY GUARANTEE FOR JEWELLERY. Jewelry Auctions. Neither Sotheby’s nor the Seller shall under any circumstances be liable for any indirect or consequential losses. You may be able to find the same content in another format, or you may be able to find more information, at their web site. Sotheby's does not endorse, verify, vouch for, investigate or vet any Experience. (h) Sotheby’s reserves the right, in our sole and absolute discretion, to. Our office is open between the hours of 9.30am and 6.00pm and you can contact Post Sale Services on the number set out in the online catalogue. The reserve is generally set at a percentage of the low estimate and will not exceed the low estimate for the lot. This guarantee may be provided by Sotheby’s, by a third party or jointly by Sotheby’s and a third party. Please note that as of August 1st 2020, Overhead Premium, a fee payable by all auction buyers in our global salerooms and online sales, will be charged at 1% of the hammer price plus any applicable local taxes. In our opinion, any bid for an amount which is between the high pre-sale estimate and the low pre-sale estimate stated in the Online Sale Information for the Lot would offer a chance of success. The denial of any licence required or delay in obtaining such licence cannot justify the cancellation of the sale or any delay in making payment of the total amount due. A fine jewellery auction by Sotheby’s Hong Kong realised a total of HK$437.67 million (US$56.47 million), reflecting robust demand for high-quality jewels and collectors’ items in Asia. Lots will close at the time stated at Lot level on the Online Only Platform unless a bid is placed within 1 minute of a Lot's scheduled end time. (a) In order to bid in an Online Only Auction, you must have set up a Verified Account (in accordance with the procedures set out at 5(b) and 5(c) below). Items made of or incorporating plant or animal material, such as coral, crocodile, ivory, whalebone, tortoiseshell, etc., irrespective of age or value, may require a licence or certificate prior to exportation and require additional licences or certificates upon importation to any country outside Hong Kong. If any Lot is not subject to a Reserve, the ‘No Reserve’ symbol will be displayed against the Lot in the Online Sale Information. •We reserve the right to seek identification of the source of funds received. The application that enables participation in an Online Only Auction via the Online Only Platform is optimized for broadband connectivity (DSL or cable modem). We make no representation or warranty as to the condition of any lot sold. The Buyer's Premium and Overhead Premium are added to the Hammer Price and are included as part of the total Purchase Price payable by the successful Bidder. Offering a total of 320 lots, estimated in excess of $99 million. Regarding diamonds, Sotheby’s shares the concerns expressed by the United Nations Security Council with respect to uncut diamonds potentially coming from Angola and Sierra Leone. This 102.39-carat diamond will be offered in a stand-alone, single lot live auction on October 5, 2020 in Hong Kong, with bidding open online from … (b) An Online Only Auction can be fast moving. 22 September 2020 • 11:00 HKT • Hong Kong. Sotheby’s shall not process the reimbursement unless and until the Lot is returned to Sotheby’s or you have supplied Sotheby’s with evidence of having returned the Lot to us. CONDITIONS OF BUSINESS FOR BUYERS (ONLINE ONLY). Sotheby's has an 88.22-carat flawless diamond that it will auction at their Magnificent Jewels sale in Hong Kong on April 2nd. In our opinion a work by the artist. (iv) Sotheby’s Authenticity Guarantee, as applicable to the item of Property (set out below). (d) No representations or warranties are made by Sotheby's or the Seller as to whether any Lot is subject to copyright or whether the Buyer acquires copyright in any Lot. (c) The Online Sale Information provided to Bidders in respect of a Lot, and any other estimate, whether written or oral, or other report, commentary or valuation, is not a representation of fact but rather is a statement of opinion genuinely held by Sotheby’s. •It is Sotheby’s policy to request any new clients or new buyers preferring to make Hong Kong Dollar cash payment to provide: proof of identity (by providing some form of government issued identification containing a photograph, such as a passport, identity card or driver’s licence) and confirmation of permanent address. Once you have accepted the Buyer’s Shipping Quote and provided that the purchased Lot and the amount stated in the Buyer’s Shipping Quote have each been paid for in full by the Buyer by the payment deadline stated, Sotheby’s will ship the purchased Lot to the Buyer to the address provided by you on your Verified Account as soon as possible. 1. Similarly, where Sotheby’s may suggest or recommend any third party handler, packer or carrier if so requested by a Buyer, you acknowledge and agree that Sotheby’s does not accept liability for their acts or omission and you agree to release Sotheby’s from any such liability. 璀璨雅趣專場將誠獻一場非同尋常的拍賣,從天然瑰寶到古董珠寶,種類繁多,年代最久遠的收藏品亦可追溯至16世紀。這些收藏品奠定了現代博物館的基礎,為大眾所熟知並喜愛。蘇富比延續為客戶傾力尋找精美獨特藝術品的傳統,很高興為您呈現「璀璨雅趣:道法自然」專場拍賣。今次拍賣網羅各式瑰艷不凡的自然瑰寶,以及知名品牌及當代設計師作品,必將為前衛且充滿熱情的收藏家提供一場寶藏獵奇盛宴。. You accept and agree that a bid is submitted using the ‘Continue to Confirm Bid’ button and increased bids are submitted as set out in (d) below. For these purposes, “counterfeit” means a lot that in Sotheby’s reasonable opinion is an imitation created to deceive as to authorship, origin, date, age, period, culture or source, where the correct description of such matters is not reflected by the description in the catalogue (taking into account any Glossary of Terms). The Agent will make such documentation promptly available for immediate inspection by an independent third-party auditor upon Sotheby’s written request to do so. •Cheques: should be made payable to Sotheby’s Hong Kong Limited. You agree that any legal remedy or liability that you seek to obtain arising out of or in connection with any Experience or the Online Only Auction will be limited to a claim against the Seller or other third parties. In the event of any discrepancy between the any email notifications received by you from the Online Only Platform and the invoice emailed to you by Sotheby’s after the relevant Online Only Auction closes, the invoice prevails. In these Conditions of Business for Buyers (Online Only): "Additional Buyer's Expenses" are any other costs or expenses due to Sotheby's from the Buyer which are payable in respect of the sale of the Property; "Bidder" is any person considering, making or attempting to make a bid in an Online Only Auction and includes Buyers (also referred to as “you” in these Conditions of Business for Buyers (Online Only)); "Buyer" is the person who makes the highest bid for a Lot in an Online Only Auction via the Online Only Platform (also referred to as “you” in these Conditions of Business for Buyers (Online Only)); "Buyer's Premium" is the commission payable by the Buyer on the Hammer Price (at the rates set out in the Guide to Buying in an Online Only Auction set out above); “Buyer’s Shipping Costs” are any packing, handling and shipping costs and charges (including any costs covering transit insurance) payable by the Buyer to Sotheby’s for provision of delivery services of the purchased Lot to the Buyer; "Counterfeit" is as defined in Sotheby's Authenticity Guarantee (set out below); “Experience” is each activity experience included in the Online Only Auction; “Experience Listing” is the information on the Online Only Platform and in the online catalogue in relation to each Experience; "Hammer Price" is the highest bid accepted from a Bidder for a Lot during an Online Only Auction; “EU Consumer Rights Directive” is Directive 2011/83/EU of the European Parliament and the Council of 25 October 2011 on consumer rights; “Lot” is an item to be offered for sale at an Online Only Auction on the Online Only Platform (and “Lots” shall be construed accordingly); “Online Sale Cancellation Period” is the period of fourteen (14) days starting on the day after the Online Consumer (or a person, other than the carrier, identified by the Online Consumer) takes physical possession of the Lot; “Online Services Cancellation Period” is the period of fourteen (14) days starting from the day of conclusion of the contract which relates to provision of the delivery services by Sotheby’s in favour of the Online Consumer; “Online Consumer” is an individual located in the European Union who purchases a Lot and who is acting for purposes which are wholly or mainly outside that individual’s trade, business, craft or profession; “Online Only Auction” is the sale of a Lot which is conducted solely by means of the Online Only Platform provided by Sotheby’s and our partners; “Online Only Platform” is the online only sale platform and associated technical services provided by Sotheby’s and our partners which is accessible solely by online means and which enables Buyers to bid for and buy Lots in a time based auction; “Online Sale Information” is the Lot information including, but not limited to, any pre-sale estimates; any information regarding provenance; the online catalogue description of the Lot; any catalogue that may be available as a PDF on the Sotheby’s website in respect of the Online Only Auction, any condition report provided by Sotheby’s in relation to the Lot (with any such condition report being deemed to include the online images of the Lot); any other information relating to the Lot or the conduct of the Online Only Auction published on the Online Only Platform (including, but not limited to, the Guide to Buying in an Online Only Auction set out above); any on-screen notices relating to the Online Auction; “Online Trader” is a person who is the Seller of a Lot and is acting for purposes relating to that person’s trade, business, craft or profession; "Overhead Premium" is the allocation of Sotheby’s overhead costs relating to Sotheby’s facilities, property handling and other administrative expenses that is payable by the Buyer on the Hammer Price the Guide to Buying in an Online Only Auction set out above; "Purchase Price" is the Hammer Price, applicable Buyer's Premium and applicable Overhead Premium; "Reserve" is the confidential minimum price which the Seller has agreed to accept for a Lot below which the Lot cannot be sold; "Seller" is the person offering a Lot for sale (including their agent (other than Sotheby's), executors or personal representatives); "Sotheby's" means Sotheby's Hong Kong Ltd., which has its registered office at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong; "Sotheby's Company" means both Sotheby's in the USA and any of its subsidiaries (including Sotheby's in London) and Sotheby’s Diamonds SA and its subsidiaries (in each case “subsidiary” having the meaning of Section 2 of the Companies Ordinance (Cap. In certain instances, interested parties may have knowledge of the reserve. Any symbols or notices in the sale catalogue reflect Sotheby’s reasonable opinion at the time of cataloguing and offer Bidders general guidance only. (d) If you have the leading bid on a Lot, you will receive a notification on the Online Only Platform informing you that you are the highest bidder. Enter your maximum bid (being the highest price you are willing to pay on the Lot). The following are examples of the terminology used in this catalogue. In the event that Sotheby’s ships items for a purchaser in this sale to a destination within a US state in which Sotheby’s is registered to collect sales tax, Sotheby’s is obliged to collect and remit the respective state’s sales /use tax in effect on the total purchase price (including hammer price, buyer’s premium, overhead premium, shipping costs and insurance), of such items, regardless of the country in which the purchaser resides or is a citizen. 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