Please note that all electrical and mechanical goods are sold on the basis of their artistic and decorative value only, and should not be assumed to be operative. Irrevocable Bid. Sotheby’s Two Evening Sales Bag a Muted $283.9 Million, Fueled by the Scene-Stealing Inclusion of Three Futuristic Alfa Romeos The sale was just as notable for what wasn't in it: the Baltimore Museum of Art withdrew two high-profile consignments at the last minute. Sotheby’s is the last of its competitors to announce an additional hybrid evening sale event. If you wish to ask any questions regarding the use of your personal information, to request a full accounting of what personal information is on file with RMS, or to unsubscribe to any services or purge your personal information from RMS’ systems, please email email@example.com. RMS will use reasonable efforts to avoid cancellation/rescission; however, RMS has the sole discretion to cancel/rescind the sale of a Lot(s) and will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission, including but not limited to if RMS believes the following events have occurred or have a reasonable probability of occurring:15.1. The value of the last accepted bid upon the Close of Lot is the Hammer Price (“Hammer Price”).11.3. RM Sotheby’s of 1334 York Ave, New York, NY 10021 (New York State Department of Motor Vehicles Facility Identification No. It is the Buyer's sole responsibility to identify and obtain any necessary export, import, firearm, endangered species or other permit for the Lot. The EU/UK Consumer will have to bear the direct costs of returning the Lot. (a) Sotheby’s shall refund the Purchase Price to the Buyer in circumstances where it deems that the Lot is a Counterfeit and each of the conditions of the Authenticity Guarantee has been satisfied. RMS reserves the right to make the reasonable determination as to whether a Consignor meets the definition of Business. (v) in respect of online bidding via the internet, the Conditions of Business for Live Online Bidding as listed below, in each case as amended as part of the Studio Sale Information. Reserves. May 8, 2007, source: Sotheby's Sotheby’s spring evening sale of Impressionist and Modern Art in New York brought an outstanding total of $278,548,000, the second highest total for an auction in Sotheby’s … However, Sotheby’s may own a Lot (and in such circumstances acts in a principal capacity as Seller) and/or may have a legal, beneficial or financial interest in a Lot as a secured creditor or otherwise. 11. (f) In certain countries, local laws entitle the artists or the artist’s estate to the ARR when any Lot created by the artist is sold. Purchased Lots are at the Buyer's risk (and therefore their sole responsibility for insurance) from the earliest of i) collection or ii) the thirty-first calendar day after the auction.
In addition to the Hammer Price, the Buyer is required to pay RMS 12% of the Hammer Price, which RMS retains as the Buyers’ Premium for the purchase of each Lot(s) (“Buyers’ Premium”).9. All bidding for the Studio 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. 5, 7, & 9d were produced by Bertone and presented individually to the public at the Turin auto salons over three consecutive years in 1953, 1954 and 1955. (b) To exercise the right to cancel the sale contract in relation to a Lot, the EU/UK Consumer must inform Sotheby’s (being the company within the Sotheby’s Group and specified in the Studio Sale Information which offers to sell the Lot either as agent for the Seller or as principal) of their decision to cancel the sale contract by a clear statement (e.g. All Lots are offered for sale in. The Evening session of the sale (lots 1 - 121) is a live auction that will take place on October 22 starting at 5:00 PM EST. Verified • Follow. The auctioneer has discretion to vary increments for bidders on the telephone but bidders using Online Platforms to bid may not be able to place a bid in an amount other than a whole bidding increment. Scopri le migliori foto stock e immagini editoriali di attualità di Sothebys Old Masters Painting Evening Sale su Getty Images. This lot has been guaranteed at minimum price. Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. trio made perfect sense. (a) All images and other materials produced for the auction are the copyright of Sotheby's, for use at Sotheby's discretion. And Steve Wynn Buys Koons's Popeye. In the event of any discrepancy between notifications received by you and the invoice emailed to you by Sotheby’s after the relevant Studio Sale closes, the invoice prevails. Condition reports may be available to assist Bidders with assessing the condition of a Lot and are for guidance only. (a) If you are a successful Buyer of a Lot, you will receive by email an invoice from Sotheby’s as soon as reasonably practicable after the close of the Studio Sale. The procedure for placing bids during the live auction is a one-step process; as soon as the “Place Bid” button is clicked, a bid is submitted. A link to reset your password has been sent to your email address. Structural damage to the auction venue prior to the auction, which despite reasonable efforts, restricts RM from holding the auction; and14.1.3. It is agreed that, save in respect of liability for fraudulent misrepresentation, no party has entered into any contract pursuant to these terms in reliance on any representation, warranty or undertaking which is not expressly referred to in such materials. 4. This site is protected by reCAPTCHA and the Google
That said, the final total of $363.2 million represented just over half the $692 million Sotheby’s raised from its evening Impressionist & modern and contemporary sales in New York last May. Packing and handling of purchased Lot(s) are at the entire risk of the Buyer. (b) The invoice for the Purchase Price of the purchased Lot (the “Buyer’s Invoice”) which will include: (vi) any other duties, goods, sales or service tax or VAT. (a) If the Buyer pays the Purchase Price and Buyer's Expenses but fails to collect a purchased Lot within thirty calendar days of the auction, the Lot will be stored at the Buyer's expense (and risk) at Sotheby's or with a third party. As auctioneer, RMS acts as the agent for the relevant consignor of the Lot(s) (“Consignor”), and a sale contract is made directly between the Consignor and the winning Bidder (the “Buyer”).2. (b) The Bidder and/or Buyer hereby undertakes and warrants that none of the funds used for purchase and settlement will be funded by any Sanctioned Person(s), nor will any party involved in the transaction including financial institutions, freight forwarders or other forwarding agents or any other party be a Sanctioned Person(s) nor owned (or partly owned) or controlled by a Sanctioned Person(s), unless such activity is authorized in writing by the government authority having jurisdiction over the transaction or in applicable law or regulation. Sotheby’s capped off this most unusual 2020 with one final marquee livestreamed evening auction. (c) Information provided to Bidders in respect of any Lot, including any estimate, whether written, online, or oral and including information presented online or in any online, PDF, or printed catalogue, condition or other report, commentary or valuation, is not a representation of fact but rather is a statement of opinion genuinely held by Sotheby’s. Sotheby's New York sale room. Payment is due in full on or before 5:00 p.m. EST of the next business day (“Payment Deadline”), and payment is to be made to RMS. (g) 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 invoice (the "Due Date") notwithstanding any requirements for export, import or other permits for such Lot. Money and Art Marry: Scull Sale at Sothebys ... It’s the last big buzz of the evening. (a) If the Buyer is an EU/UK Consumer and the Seller is an Trader, the Buyer shall have the right to cancel the sale contract which exists directly between the Trader (as Seller) and the EU/UK Consumer (as Buyer) during the Studio Sale Cancellation Period for any reason provided that (i) the EU/UK Consumer duly informs Sotheby’s during the Studio Sale Cancellation Period of their intention to cancel the purchase of the Lot; and (ii) the EU/UK Consumer returns the Lot to Sotheby’s without undue delay and in any event not later than fourteen (14) calendar days from the day after the EU/UK Consumer has communicated their intention to cancel the purchase of the Lot to Sotheby’s. Moscow had earlier said the masterpiece was stolen from a private collection in 1997. If so, input your company name: You haven't completed the registration, check your email for instructions. Any natural disaster, which despite reasonable efforts restricts RMS from holding the auction; 14.1.2. The third party providing the Irrevocable Bid may benefit financially if the guaranteed Lot(s) is sold successfully. Buy sothebys auction catalogue and get the best deals at the lowest prices on eBay! Great Savings & Free Delivery / Collection on many items ... Sothebys Auction Catalogue Contemporary Art Evening NYC May 2003 Sale # N07898. Successful bidders will be notified and invoiced after the sale. (j) release the name and address of the Buyer to the Seller to enable the Seller to commence legal proceedings to recover the amounts due and legal costs. Following the Baltimore Museum's withdrawal of two major works by Clyfford Still and Brice Marden, Giacometti and Van Gogh led Sotheby's $283 M. October evening sale 12. Stay informed with Sotheby’s top stories, videos & news. (i) The Buyer is obliged to arrange collection of purchased Lot(s) no later than thirty (30) calendar days after the date of the auction. Sotheby’s will make a deduction from the reimbursement for loss in value of the returned Lot, if such loss is the result of unnecessary handling by you. No other organization in the world has a client base as far-reaching as Sotheby’s and since we have worked so closely and successfully with them in the past, working with them again on the sale of the B.A.T. 3. Dec 9, 2020. a letter sent by post, fax or email). Find the perfect Sothebys Impressionist Modern Art Evening Sale stock photos and editorial news pictures from Getty Images. All Lot(s) are sold as is, where is, with no representations or warranties, expressed or implied. 25.1. Find the perfect Sothebys Impressionist Evening Sale stock photos and editorial news pictures from Getty Images. ADDITIONAL TERMS AND CONDITIONS FOR ONLINE BIDDING. Sotheby's will not be liable for any acts or omissions of third party packers or shippers. Force Majeure events including but not limited to:14.1.1. 5, 7 & 9d CONCEPT CARS SELL FOR $14.8M, ALFA ROMEO B.A.T. The next bidding increment is shown for your convenience. 5, 7 and 9d, for $14,840,000 during Sotheby’s Contemporary Art Evening Auction, achieving the top sale slot and setting a new record for the most valuable post-war Alfa Romeo sold as a single lot at auction and one of the most valuable of any Alfa Romeo ever sold. The Bidder is responsible for any and all due diligence including but not limited to inspections and verification of the (i) condition, (ii) authenticity, (iii) completeness, (iv) statements made in reference to, and (v) any and all other matters regarding any Lot(s) offered in an RMS sale (“Bidder Due Diligence”). Further information and guidance on the application of the ARR is provided in the Studio Sale Information. (c) If the EU/UK Consumer cancels the sales contract within the Studio 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 EU/UK Consumer within the time frame specified in Condition 8(a)(ii) payments received by Sotheby’s from the EU/UK Consumer (including the Purchase Price and, where the EU/UK Consumer has utilised Sotheby’s shipping services for the delivery of the Lot, the costs of any standard Shipping Services within the EU/UK). (f) The materials listed in Condition 1(a) above set out the entire agreement and understanding between the parties with respect to the subject matter hereof. Bidders are encouraged to contact RMS’ Client Service department at firstname.lastname@example.org with any questions or concerns regarding these Conditions of Business.1.2. Please refer to the printed catalogue for information on guaranteed property. (d) Subject to Condition 6(b), the contract between the Buyer and the Seller is concluded on the striking of the auctioneer's hammer, whereupon the Buyer becomes liable to pay the Purchase Price. Payment. The sale saw works from a number of collections go under the hammer, including newly-deaccessioned works from the Brooklyn Museum’s collection, which jointly achieved $19.8 million. (h) If you fail to pay us the total amounts due for the purchased Lot(s) in accordance with Condition 7(b) above in full by the Due Date, Sotheby’s will be entitled to exercise any of the remedies identified at Condition 8 below. The auction will be produced by RM Auctions, Inc. d.b.a. For assistance with bidding and registration, please contact: The UK is leaving the EU single market and customs union and the transition period ends on 31st December 2020. Earlier this month, Christie’s announced plans to hold another relay-style auction, with proceedings taking place in Hong Kong and New York on December 2; Phillips will … Proceeds will go towards building a new acute stroke unit and purchasing children’s rehabilitation equipment for BASR hospital in … If the Consignor is a Business (defined below) AND the Buyer is a consumer AND the consumer has a right of withdrawal against the Consignor on the basis of EU consumer protection laws, the Buyer has the automatic statutory right for 14 calendar days after the Close of Lot (drop of hammer) to rescind the sale of the Lot(s). Sotheby’s reserves the right to seek identification of the source of funds received, and to make enquiries about any person transacting with Sotheby’s. Applicable expenses;12.3.3. 17.1.1. These Online Terms are in addition to and subject to the same law which governs our standard Conditions of Business for Sellers , Conditions of Business for Buyers, the authenticity guarantee and any other terms that are applicable to the relevant sale (together “Conditions of Business”), and are not intended in any way to replace them. WORKS BY THREE BLACK ARTISTS, who are among the most critically recognized painters focused on figuration and Black subjects, were featured in Sotheby’s latest Contemporary Art Evening Auction, held on Oct. 28 in New York. Search for luxury real estate in our database! This agreement is an important legal document. If these laws apply to a Lot, the Buyer must pay Sotheby’s an additional amount equal to the ARR (unless the local law requires payment to be made by the Seller). Please note that this lot is subject to an irrevocable bid. Select from premium Sothebys Impressionist Evening Sale of the highest quality. (d) The Buyer of a Lot is solely responsible for the payment of any VAT (including, but not limited to, any import VAT), sales tax or value added sales tax, sales or compensating use tax or any other similar tax payable as a result of the sale of a Lot. As a condition of bidding at the auction, it is the Bidder’s responsibility to satisfy themselves and comply with all applicable tax, duty, or any and all other payments associated with the purchase of a Lot(s) at the auction. Preview Important Prints Multiples Evening Sale at Sothebys New York, happening on 10/22/2020. The Bidder acknowledges that the Bidder has had the opportunity to consult an attorney before accepting this agreement and has entered into this agreement after having the opportunity to consult with an attorney of their own choosing. The Consignor of the Lot(s) has been guaranteed a minimum price for this Lot(s). Coming on the heels of Sotheby’s successful sales in Hong Kong, London, and Paris earlier this month, yesterday evening’s Contemporary Art Evening Sale brought a total of $142.8 million with 95.1 percent of lots sold, while the Impressionist & Modern Art Evening Sale achieved $141.1 million with 100% sell-through rate. The highest Bidder acknowledged by the auctioneer will be the Buyer. If any dispute arises after the sale, RMS’ sale record is conclusive.