... Sotheby's and tagged Paintings on 27/09/2019 … (b) The auctioneer has discretion at any time to refuse any bid, withdraw any lot, re-offer a lot for sale (including after the fall of the hammer) if he believes there may be error or dispute, and take such other action as he reasonably thinks fit. There may be restrictions on the import into the United States of certain items originating in sanctioned countries, including Burma, Cuba, Iran, North Korea and Sudan. Re-invoicing in this way may make the lot ineligible to be re-sold using the margin scheme. Please refer to the printed Please see ‘Exports from the European Union’ for the conditions to be fulfilled before the VAT charged on the hammer price may be cancelled or refunded. Items sold to buyers whose address is outside the EU will be assumed to be exported from the EU. LONDON, UK. Calculation of the artist’s resale right will be based on the pound sterling / Euro reference exchange rate quoted on the date of the sale by the European Central Bank. The procedure for placing bids via any Online Platform is a one-step process; as soon as the “Bid Now” button is clicked, a bid is submitted. At the end of the sale, please return your paddle to the registration desk. ️ @sothebys winter auction 26 NOVEMBER 2019 On 26 November Sotheby’s holds 2 sales: Russian Pictures at 10:00 and Russian Works of Art, Fabergé and Icons at 14:30. If every lot in a catalogue is -guaranteed, the Important Notices in the sale catalogue will so state and this symbol will not be used for each lot. With the exception of CUP, card payments may also be made online at http://www.sothebys.com/en/invoice-payment.html or by calling Post Sale Services at +44 (0)20 7293 5220. COLLECTION FROM SOTHEBY'S GREENFORD PARK FINE ART STORAGE FACILITY. Sotheby’s will take reasonable steps to notify the Buyer prior to releasing such details to the Seller. Meet Polina Shchepetkova, Head of Russian Desk . In our opinion a work by a painter working in the artist’s style, contemporary or nearly contemporary, but not necessarily his pupil. The estimates printed in the auction catalogue do not include the buyer’s premium or VAT. 4. Nov 28, 2019 Sotheby’s Russian Sales Series Achieves £18.1 Million Leading All Sales Across London this Week. Bidders’ attention is specifically drawn to Conditions 3 and 4, which require them to investigate lots prior to bidding and which contain specific limitations and exclusions of the legal liability of Sotheby’s and sellers. Notices to Sotheby’s clients shall be addressed to the last address formally notified by them to Sotheby’s. London Real Estate | England Homes for Sale. All charges are subject to VAT, where applicable. 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. Posted on November 25, 2020 December 1, 2020. In all cases the relevant tax legislation takes precedence and the VAT rates in effect on the day of the auction will be the rates charged except for lots sold subject to Temporary Admission for which the applicable rate will be that in force at the time of collection. In the event such resale is for less than the Purchase Price and 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 Buyer’s Expenses for that lot, together with interest and the costs of such proceedings on a full indemnity basis; or. (iii) the generally accepted opinions of relevant experts, in each case at the time any such express statement is made. Despatch will be arranged at the buyer’s expense. When an artist’s forename(s) is not known, a series of asterisks, followed by the surname of the artist, whether preceded by an initial or not, indicates that in our opinion the work is by the artist named. “Bidder” is any person considering, making or attempting to make a bid, by whatever means, and includes Buyers; “Buyer” is the person who makes the highest bid or offer accepted by the auctioneer, and includes such person’s principal when bidding as agent; “Buyer’s Expenses” are any costs or expenses due to Sotheby’s from the Buyer and any Artist’s Resale Right levy payable in respect of the sale of the Property, including an amount in respect of any applicable VAT thereon; “Buyer’s Premium” is the commission payable by the Buyer on the Hammer Price at the rates set out in the guide to Buying at Auction plus any applicable VAT or an amount in lieu of VAT; “Counterfeit” is as defined in Sotheby’s Authenticity Guarantee; “Hammer Price” is the highest bid accepted by the auctioneer by the fall of the hammer, (in the case of wine, as apportioned pro-rata by reference to the number of separately identified items in that lot), or in the case of a post-auction sale, the agreed sale price; “Purchase Price” is the Hammer Price and applicable Buyer’s Premium and VAT; “Reserve” is the (confidential) minimum Hammer Price at which the Seller has agreed to sell a lot; “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, the unlimited company which has its registered office at 34-35 New Bond Street, London W1A 2AA; “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 1159 of the Companies Act 2006); “VAT” is Value Added Tax at the prevailing rate. This auction is now finished. (b) Sotheby’s advises Bidders to attend the auction but will seek to carry out absentee written bids which are in pounds sterling and, in Sotheby’s opinion, clear and received sufficiently in advance of the sale of the lot, endeavouring to ensure that the first received of identical written bids has priority. Stop at the security barrier and say you are visiting Sotheby’s. 4. The Russian Pictures and Works of Art, Fabergé and Icons sales take place on 26 November. • Sotheby’s is not able to cancel or refund any VAT charged on sales to UK or EU private residents unless the lot is subject to Temporary Admission and is shipped as described above. One of exceptionally few oils by the Russian avant-garde artist to remain in private hands, the painting was in the fabled collection of George Costakis and is being offered at auction for the first time in over thirty years. no VAT on the hammer Sotheby’s accepts bids on lots solely on the basis that Bidders (and independent experts on their behalf, to the extent appropriate given the nature and value of the lot and the Bidder’s own expertise) have fully inspected the lot prior to bidding and have satisfied themselves as to both the condition of the lot and the accuracy of its description. (VAT-registered buyers from within the European Union (EU) should note that the amount in lieu of VAT contained within the buyer’s premium cannot be cancelled or refunded by Sotheby’s or HM Revenue and Customs.). Please refer to VAT information for Buyers for VAT symbols used in this catalogue. Lots with this symbol indicate that parties with a direct or indirect interest in the lot may be bidding on the lot, including (i) the beneficiary of an estate selling the lot, or (ii) the joint owner of a lot. Bidders using any online platform are subject to the Additional Terms and Conditions for Live Online Bidding, which can be viewed at sothebys.com, as well as the Conditions of Business applicable to the sale. The viewing is open 22 – 26 November: 9:00 – 17:00 Sotheby’s may charge an administrative fee for arranging the despatch. Collect your property from: Sotheby’s Greenford Park Fine Art Storage Facility, 13 Ockham Drive, Greenford, Middlesex, UB6 0FD, ROUTE GUIDANCE TO SOTHEBY'S GREENFORD PARK FINE ART STORAGE FACILITY. The auctioneer has discretion to vary bidding increments for bidders in the auction room and on the telephones, but bidders using Online Platforms may not be able to place a bid in an amount other than a whole bidding increment. We are now inviting consignments to our June 2021 Russian Art auction and offer free and confidential valuations and market advice. It will be followed by Important Russian Art Auction in 27 November 2019 the Important Russian Art sale at 10:30. 2 A portrait miniature catalogued as Attributed to… is in our opinion probably a work by the artist; e.g. Sotheby's (/ ˈ s ʌ ð ə b i z /) is a British-founded American multinational corporation headquartered in New York City.One of the world's largest brokers of fine and decorative art, jewelry, real estate, and collectibles, Sotheby's operation is divided into three segments: auction, finance, and dealer.The company's services range from corporate art services to private sales. Go under the railway bridge and at the traffic lights turn first left into Rockware Avenue. Prospective bidders should also consult www.sothebys.com for the most up to date cataloguing of the property in this catalogue. Transit risk insurance may also be included in your quotation. The VAT charged upon the hammer price may be refunded provided the purchaser resides outside of the United Kingdom and the property is exported from the EU within 3 months of the sale. Nevertheless, should you handle any items on view at our premises, you do so at your own risk. The following terms and conditions (the “Online Terms”) provide important information related to live online bidding via BIDnow, eBay, Invaluable, and any other Online Platform through which bidding is made available (“Online Platforms”). (e) The Contracts (Rights of Third Parties) Act 1999 is excluded by these Conditions of Business and shall not apply to any contract made pursuant to them. • Sotheby’s is not able to cancel or refund any VAT charged on sales made to UK or EU private residents unless the lot is subject to Temporary Admission and the property is exported from the EU and the requisite export papers provided to Sotheby’s within one month of collection of the property. It is advisable to consult us nearer the time of sale as estimates can be subject to revision. The buyer’s premium is 25% of the hammer price up to and including £300,000; 20% on any amount in excess of £300,000 up to and including £3,000,000; and 13.9% on any remaining amount in excess of £3,000,000. Inherited by the present owners from Ihno Ezratty, a friend of the artist from her years in Paris and executor of her will, the collection of fourteen works includes examples across a variety of media. These Online Terms are in addition to and subject to the same law and 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. The bellwether November art auctions next week in New York are poised for the biggest contraction in a decade. 8 The term bears a signature and/or date and/or inscription means that in our opinion the artist’s name and/or date and/or inscription have been added by another hand. *see our other catalogs up for sale now - we will combine shipping on multiple item purchases* ***** LIABILITY FOR LOSS OR DAMAGE FOR PURCHASED LOTS. art evening sale, which between them grossed £87.7 million ($115.3 million), down more than a third from the total at the equivalent sale last year, which brought in £136 million ($188.9 million).Sotheby’s beat the low estimate of £62.1 million, but came nowhere close to the high estimate of £89.3 million (estimates do not factor in premiums). Dec 9, 2020. No act, omission or delay by Sotheby’s shall be deemed a waiver or release of any of its rights. 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). If the Guaranteed Property symbol for a lot is not included in the printing of the auction catalogue, a pre-sale or pre-lot announcement will be made indicating that there is a guarantee on the lot. Tag: claim. Forms to facilitate this are available from the Post Sale Services Department. Flagship sales of Russian Pictures and Russian Works of Art are held twice a year, in early June and late November/early December, and in recent years we have also held specialised mid-season sales dedicated to the work of the Non-Conformists. EXCLUSIONS AND LIMITATIONS OF LIABILITY TO BUYERS. Although personal and company cheques drawn in pounds sterling on UK banks are accepted, you are advised that property will not be released until such cheques have cleared unless you have a pre-arranged Cheque Acceptance Facility. EXHIBITION TIMES. △ Property in which Sotheby’s has an Ownership Interest. • buyers carrying their own property must obtain hand-carry papers from the Shipping Department for which a small administrative charge will be made. L395 of 31/12/92) from the European Community. Thank you for your co-operation, ¦s Notice regarding burmese jadeite and rubies. By placing a bid via any Online Platform, you accept and agree that bids submitted in this way are final and that you will not under any circumstances be permitted to amend or retract your bid. United Kingdom Sotheby's International Realty. 1. In the following paragraphs, reference to VAT symbols shall mean those symbols located beside the lot number or the pre-sale estimates in the catalogue (or amending sale room notice). Samuel Cooper. In 1989, for example, the firm sold Impressionist and Modern art totaling a staggering $1.1 billion in New York and London. The Russian Pictures and Works of Art, Fabergé and Icons sales take place on 26 November. Some items on view may be labelled “PLEASE DO NOT TOUCH”. The November Russian Pictures sale will be led by Kliun’s masterpiece Spherical Suprematism. In certain instances, interested parties may have knowledge of the reserve. 10 Dimensions: the larger measurement only of the rectangle or oval is given and excludes the frame. size: approx. Any statement as to authorship, attribution, origin, date, age, provenance and condition is a statement of opinion and is not to be taken as a statement of fact. The maximum royalty payable of 12,500 euros applies to works sold for 2 million euros and above. www.christies.com. These items will be sold under the normal UK VAT rules and VAT will be charged at the standard rate on both the hammer price and buyer’s premium. (d) Without prejudice to Condition 4(b), any claim against Sotheby’s or the Seller by a Bidder is limited to the Purchase Price with regard to that lot. No lot shall be considered a counterfeit by reason only of any damage and/or restoration and/or modification work of any kind (including repainting or over-painting). Value Added Tax (VAT) may be payable on the hammer price and/or the buyer’s premium. Pre-sale Estimates in US Dollars and Euros Although the sale is conducted in pounds sterling, the pre-sale estimates in some catalogues are also printed in US dollars and/or euros. Any purchased lots that have not been collected within 30 days from the date of the auction will be subject to handling and storage charges at the rates set out below. If an agent is advising you or bidding on your behalf with respect to a lot identified as being subject to an irrevocable bid, you should request that the agent disclose whether or not he or she has a financial interest in the lot. Thank you for your co-operation. Lots with this symbol indicate that Sotheby’s owns the lot in whole or in part or has an economic interest in the lot equivalent to an ownership interest. If Sotheby’s sells an item which subsequently is shown to be a “counterfeit”, subject to the terms below Sotheby’s will set aside the sale and refund to the Buyer the total amount paid by the Buyer to Sotheby’s for the item, in the currency of the original sale. GBP400-600k) at the preview for the upcoming sales of Russian artworks at Sotheby's New Bond Street. The seller of lots with this symbol has been guaranteed a minimum price from one auction or a series of auctions. If the purchase is to remain in October 23, 2019 by Marion Maneker. In 1955, it became the first international auction house after establishing itself in New York. From time to time, Sotheby’s or any affiliated company may provide the irrevocable bidder with financing related to the irrevocable bid. Buyers are advised to inspect the lot and to contact Sotheby’s prior to the sale to discuss any specific shipping requirements. Buyers should obtain their own advice in this regard. 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. Bidding in Person To bid in person, you will need to register for and collect a numbered paddle before the auction begins. Repayments in this manner are limited to businesses located outside the UK. 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