Cash payments will be reported according to U.S. federal government requirements.11.5. 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. The currencies and bids listed on the currency converter are not real-time bids or conversions pegged to market rates and are not to be relied on by anyone. Sotheby’s Contemporary Art Evening Sale was led by the trio of Alfa Romeo B.A.T. Once made, no Bidder may retract a bid made during the auction for any reason.6.6. Any estimate may not be relied on as a prediction of the selling price or value of the Lot and may be revised from time to time in Sotheby's absolute discretion. 8. Auction Reaction: Koji Inoue and Kim Heirston Discuss Sotheby’s October 2020 Evening Sale November 23, 2020 by Marion Maneker “There was cooling, a lot of cooling last night,” Kim Heirston says of the $284 million Sotheby’s Live-stream Evening auction held on October 28 th . (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. sothebys. Online bidding is not possible for Premium Lots. Sotheby’s Contemporary Art Evening Sale was led by the trio of Alfa Romeo B.A.T. Select from premium Sothebys Impressionist Evening Sale of the highest quality. (b) Notices to Sotheby's should be in writing and addressed to the department in charge of the sale, quoting the reference number specified at the beginning of the sale catalogue. 12. (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. Further information regarding accepted payment methods is set out in the Studio Sale Information. Minimum Price Guaranteed for Consignor. (Clauses 7 to 7.2 together are “Purchase Price”)8. In return for providing an Irrevocable Bid, the Irrevocable Bidder may benefit financially based on the final hammer price.29. Successful bidders will be notified and invoiced after the sale. Ian Kelleher, Chief Marketing Officer, RM Sotheby’s, said: “The sale of the B.A.T. Purchase Price. Material issues regarding title, registration, or transfer of ownership that cannot be reasonably cured; 15.6. 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. Buyers should note that Sotheby's assumption of liability for loss or damage is subject to the exclusions set out in Condition 6 of the Conditions of Business for Sellers. Any natural disaster, which despite reasonable efforts restricts RMS from holding the auction; 14.1.2. Are you registering as a company? It is essential that prior to any intended use, the electrical system for any Lot is checked and approved by a qualified electrician. In the event of any discrepancy between the online purchase information which may or may not be shown in the My Bids section and the invoice sent to you by Sotheby’s following the sale, the invoice prevails. Proceeds will go towards building a new acute stroke unit and purchasing children’s rehabilitation equipment for BASR hospital in … Dec 9, 2020. Reserves. 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. The piece, Quatre nus (1952)—an oil-on-masonite featuring four reclining female nudes against an emerald background—opened the floor at HKD 160 million (USD 20.6 million). RMS faces significant reputational damages that would cause monetary damages for selling the Lot(s); 15.5. RMS American auctions will be conducted in United States Dollars and all payments are required to be made in United States Dollars. 9.1. "ARR" is applicable artist resale right royalty payable by the Buyer on the qualifying Property; "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, including an amount in respect of any applicable VAT thereon, and any ARR payable in respect of the sale of the Property; "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; “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; “Consumer Contracts Regulations” means the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 (as amended) which came into force in the UK on 6 April 2013; "Counterfeit" is as defined in Sotheby's Authenticity Guarantee; “EU/UK Consumer” is an individual habitually residing in the European Union or the United Kingdom who purchases a Lot and who is acting for purposes which are wholly or mainly outside that individual’s trade, business, craft or profession; "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; “Lot” is an item to be offered for sale at a Studio Sale (and “Lots” shall be construed accordingly). Despite their individual popularity and collective significance, the B.A.T.s were never displayed together when new. (d) Sotheby’s will make the reimbursement to the EU/UK using the same method of payment as the EU/UK Consumer used for the initial transaction, unless expressly agreed otherwise. RMS is not responsible for any errors or omissions in connection with the calling, displaying, accepting, or rejecting of bids.6.10. 17.2. Due to government guidelines around coronavirus, we have limited attendance capacity for this auction. Record-Breaking ‘Rembrandt to Richter’ Sale Shows Art Market Remains Strong. 7120237).27. 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. NEW YORK (29 October 2020) – Last night in New York, RM Sotheby’s celebrated a historic evening with the sale of the renowned trio of Alfa Romeo Berlina Aerodinamica Tecnica concept cars, B.A.T. Payment. Certain images of the Lot may not accurately reflect the actual condition of the Lot. The Conditions of Business displayed on RMS’ website; and 1.2.3. This lot has been withdrawn from the sale. When a Lot(s) is sold subject to a reserve, the auctioneer may bid on the Consignor’s behalf in an amount not to exceed the amount of the reserve.14. The sale included 41 … Subject to fulfillment of the Contractual Obligations, at the Close of Lot, the contract between the Consignor and the Bidder is concluded and irrevocable.11.2. The purchase information shown in the “My Bids” section of the Sotheby's App and in the "Account Activity" section of "My Account" on sothebys.com is provided for your convenience only. Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Packing and handling of purchased Lot(s) are at the entire risk of the Buyer. (c) Unless Sotheby’s owns a Lot offered for sale, it is not responsible for any breach of these conditions by the Seller. ADDITIONAL TERMS AND CONDITIONS FOR ONLINE BIDDING. 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. Admission to this auction is by ticket only. It will now be offered in our cross-category Evening Sale, #RembrandtToRichter on July 28. 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. The condition report may not refer to all faults, restoration, alteration or adaptation because Sotheby’s is not a professional conservator or restorer but rather the condition report is a statement of opinion genuinely held by Sotheby’s. 3. Buy sothebys auction catalogue and get the best deals at the lowest prices on eBay! Sotheby’s will only accept payment from the registered Bidder and we cannot change the Buyer’s name on an invoice or reissue the invoice in a name which differs to the name of the registered Bidder. Sotheby’s Global Hybrid Online Evening Sale Soars to $363.2 M. Select from premium Sothebys Old Masters Painting Evening Sale … Any collection costs, attorneys’ fees, and court costs incurred to enforce payment; and12.3.4. 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. At the Close of Lot, you are now the legal owner of the applicable Lot(s) and are responsible for payment in full. By bidding online, you accept and agree that bids submitted in this way are final and that you may not be permitted to amend or retract your bid. All Lots are offered for sale in. 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. Except as otherwise expressly provided herein, these Conditions of Business shall not be modified, except in writing. Find the perfect Sothebys Impressionist Evening Sale stock photos and editorial news pictures from Getty Images. the condition they are in at the time of sale in the relevant Studio Sale. RM Sotheby’s celebrated a historic evening with the sale of the renowned trio of Alfa Romeo Berlina Aerodinamica Tecnica concept cars, B.A.T. A sale contract is made directly between the Seller and the Buyer. Fill out your profile and receive emails about the types of cars and events you're interested in. The Ferrari was sold before an enthusiastic audience, with spirited bidding both in the room and from Sotheby’s Contemporary Art and RM Sotheby’s specialists representing clients from each collecting segment on the phones. If any dispute arises after the sale, RMS’ sale record is conclusive. “Efficiency Equals Beauty”: The Soft-Spoken Stylist Behind the Stunning Alfa-Romeo B.A.T. (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. (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. (e) Any post-auction sale of Lots offered at auction shall incorporate these Conditions as if sold in the auction. (h) Title in a purchased Lot will not pass until Sotheby's has received the total amounts due for that Lot in accordance with Condition 7(b) above in cleared funds. Seller assumes all responsibility for this listing. Please note that even if a Bidder has satisfied and/or met some or all of the Bidder Registration Requirements for previous RMS auctions, all Bidders will be required to satisfy and/or meet the Bidder Registration Requirements for the auction specifically prior to being accepted to bid.6.4. Browse 12 sothebys old masters painting evening sale stock photos and images available or start a new search to explore more stock photos and images. 29.3. 6. The auction was the last marquee evening sale of the year for Sotheby’s, and pushed the auction house’s global public and private sales of impressionist, modern, and contemporary art to over $2.75 billion in total for the year. This lot has been guaranteed at minimum price. 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). If the Bidder exercises this right they are advised to insure the Lot(s) until the Consignor re-takes possession of the Lot(s). All parties agree that Sotheby’s shall retain the right to bring proceedings in any court other than the Courts of England. (e) 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. Lot(s) not marked as “no reserve” (or similar) are subject to a reserve set by the Consignor. (iii) the generally accepted opinions of relevant experts, in each case at the time any such express statement is made. Sotheby’s introduced its contemporary art evening sale in 2017 in Hong Kong, split 50/50 between Western and Asian contemporary art. In the event of any conflict between theses Online Terms and Sotheby’s Conditions of Business and the terms of Sotheby’s Authenticity Guarantee, Sotheby’s Conditions of Business and Authenticity Guarantee will control. Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. Please note that the Conditions of Business are subject to change from time to time and it will be posted on the RM Sotheby’s (“RMS”) website and catalogue, as the case may be. RMS opines that physical damage to the Lot(s), which cannot be sufficiently repaired prior to the auction, occurred after this agreement was formed; 15.3. (c) Sotheby’s charges a Buyer’s Premium and Overhead Premium to the Buyer on the Hammer Price for each Lot sold. Bidders are personally liable for their bid and are jointly and severally liable with their principal if bidding as agent. BIDDERS’ CONDITIONS OF BUSINESS 1. Anti-Money Laundering. It is each Bidder’s responsibility to apprise himself or herself of the Conditions of Business for each auction in which the Bidder wishes to participate. 5, 7 & 9d CONCEPT CARS SELL FOR $14.8M, ALFA ROMEO B.A.T. (c) Should any provision of these Conditions of Business be held unenforceable for any reason, the remaining provisions shall remain in full force and effect. Bidding at the Auction. Further information and guidance as to the application of such taxes is provided in the studio Sale Information. concept cars during Sotheby’s Contemporary Art Evening Sale represents the second time RM Sotheby’s has offered a motor car as part of a Sotheby’s art sale—the first time being when we sold the Michael Schumacher Ferrari F2001 Formula 1 race car in 2017. RMS may use a currency display in the salesroom for informational purposes only. A Celebration of Art Deco: Masterworks from the Collection of Dr. Stephen E. Kelly Evening Sale. The limitations and exclusions relating to Sotheby’s are consistent with its role as auctioneer of large quantities of goods of a wide variety and Bidders should pay particular attention to these Conditions. Scopri le migliori foto stock e immagini editoriali di attualità di Sothebys Impressionist Evening Sale su Getty Images. (a) Where the Bidder is bidding on behalf of another person or acting as agent (in either case, for the purposes of this Condition 10(b), the “Agent”) for another party (the “Principal(s)”), the Agent warrants in its own capacity (in addition to the warranties set out in Condition 10(a)) that: (i) the Principal(s) is not a Sanctioned Person(s) nor owned (or partly owned) or controlled by Sanctioned Person(s); (ii) the funds used for purchase and settlement of the Lot(s) are not connected with, nor have any link to any criminal activity, including without limitation tax evasion, money laundering, terrorist activities or other criminal activity and that the arrangements between the Agent and the Principal(s) of the Lot(s) or otherwise do not, in whole or in part facilitate tax crimes; (iii) the Lot(s) purchased by the Agent or the Principal(s) is not being purchased for the purposes of, or being used in any way connected with, or to facilitate breaches of any applicable tax, anti-money laundering or anti-terrorism laws or regulations; (iv) the Agent has conducted appropriate customer due diligence on the Principal(s) of the Lot(s) in accordance with all applicable anti-money laundering and sanctions laws and regulations and the Agent does not know and has no reason to suspect that the funds used for settlement are derived from or connected with proceeds of any criminal activity including without limitation tax evasion, or that the ultimate buyer(s) is under investigation, or has been charged with or convicted of money laundering, terrorist activities or other criminal activity; (v) the Agent consents to Sotheby’s relying on the Agent’s customer due diligence, and the Agent will retain for a period of not less than 5 years the documentation evidencing the Agent’s customer due diligence. The arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures or pursuant to JAMS’ Streamlined Arbitration Rules and Procedures.