Conditions of Business The live auction (of which any bidding in advance of the start of the live auction (via an Online Platform or otherwise) forms a part) is governed by the Conditions of Business and Authenticity Guarantee. Removal, storage and handling charges may be levied on uncollected lots. For example, it is illegal to import African elephant ivory into the United States and there are other restrictions on the importation of ivory into the US under certain US regulations which are designed to protect wildlife conservation. The following is a selection of categories of items for which other value limits apply and for which an EU Licence may be required. But in the fourth quarter of 2019, after more than three decades as a publicly traded company, Sotheby’s will once again go private. The next bidding increment is shown for your convenience. 10 Dimensions: the larger measurement only of the rectangle or oval is given and excludes the frame. 9   The term bears a signature and/or date and/or inscription means that in our opinion the signature and/or date and/or inscription have been added by another hand. Stay informed with Sotheby’s top stories, videos & news. • An EU Licence is necessary to export cultural goods subject to the EU Regulation on the export of cultural property (EEC No. 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. There is additional provenance information for this lot: Georges Costakis Collection, Athens. Please see ‘Exports from the European Union’ for the conditions to be fulfilled before the amount in lieu of VAT on the buyer’s premium may be cancelled or refunded. This amount will form part of the buyer’s premium on our invoice and will not be separately identified. All told, the sale brought in … A buyer’s inability to export or import these lots cannot justify a delay in payment or a sale’s cancellation. The Sotheby’s International Realty network is your destination for luxury real estate listings. Proof of identity will be required. • It is against Sotheby’s general policy to accept single or multiple related payments in the form of cash or cash equivalents in excess of the local currency equivalent of US$10,000. The global leader in the collector car industry. Some exceptions are listed below:-. Sotheby’s Greenford Park Storage and Collection Information. catalogue, soft cover, 140 pages, 98 lots, weight 560 gr. Clients who wish to provide resale or exemption documentation for their purchases should contact Post Sale Services. Anything seemed possible in the late 1980s. Failure to do so may result in the import VAT becoming payable immediately and Sotheby’s being unable to refund the VAT charged on deposit. Please refer to Condition 7 of the Conditions of Business for Buyers published below. Receive the best from Sotheby’s delivered to your inbox. All lots sold will be invoiced to the name and address in which the paddle has been registered and cannot be transferred to other names and addresses. Online bidders are responsible for making themselves aware of all saleroom notices and announcements which will be accessible on the Online Platforms. In the event the interested party’s possible participation in the sale is not known until after the printing of the auction catalogue, a pre-lot announcement will be made indicating that interested parties may be bidding on the lot. 3911/92, Official Journal No. Additional Terms and Conditions for Online Bidding. Works by each of these artists made an appearance at tonight’s solid but unspectacular evening auction of Impressionist and Modern art at Sotheby’s New York. Sotheby's has accepted a merger offer from entrepreneur Patrick Drahi, who will purchase the auction house for $3.7 billion. If any lots included in this sale are offered without a reserve, these lots are indicated by a box (¡à). 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. The denial of any permit or licence shall not justify cancellation or rescission of the sale contract or any delay in payment. Neither Sotheby’s nor the Seller shall under any circumstances be liable for any consequential losses. 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). 5   style of............; follower of giovanni bellini. Nevertheless, should you handle any items on view at our premises, you do so at your own risk. The June Russian Pictures sale will be led by Ivan Aivazovsky's magnificent view ofThe Bay of Naples.At over two metres wide, this impressive canvas is one of the largest works by the artist to appear at auction. L395 of 31/12/92) from the European Community. Bidders’ attention is specifically drawn to Conditions 3 and 4 below, 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. Items sold to buyers whose address is outside the EU will be assumed to be exported from the EU. 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. This season’s Russian Pictures sale encompasses Russian art from the 18 th to 21 st centuries with each of the leading movements represented. Please refer to Condition 7 of the Conditions of Business for Buyers published below. (1871), A Fabergé icon painted after Vasnetsov, a rare jewelled silver-gilt icon of the Kazanskaya Mother of God, by Karl Sievers for Sazikov, a monumental Sazikov silver-gilt centrepiece and masterpieces of Imperial and Soviet Porcelain. Transit risk insurance may also be included in your quotation. The bidding steps are generally in increments of approximately 10% of the previous bid. Purchase of lots marked with this symbol (§]) will be subject to payment of the Artist’s Resale Right, at a percentage of the hammer price calculated as follows: From 0 to 50,000                                       4%, From 50,000.01 to 200,000                      3%, From 200,000.01 to 350,000                   1%, From 350,000.01 to 500,000                0.5%, Exceeding 500,000                               0.25%. Buyers should note that local sales taxes or use taxes may become payable upon import of items following purchase (for example, use tax may be due when purchased items are imported into certain states in the US). After Samuel Cooper. Collection from sotheby’s greenford park fine art storage facility. All bidding for the 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. This June, the Russian Works of Art, Fabergé and Icons sale once again illustrates the broad spectrum of traditional Russian craftsmanship. The irrevocable bidder, who may bid in excess of the irrevocable bid, may be compensated for providing the irrevocable bid by receiving a contingent fee, a fixed fee or both. (e) None of 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. The information is made available for the convenience of Buyers and the absence of the Symbol is not a warranty that there are no restrictions regarding import or export of the Lot; Bidders should refer to Condition 11 of the Conditions of Business for Buyers. We specialize in rare antique, classic, and sports & racing cars. Russian billionaire Dmitry Rybolovlev ... Flags fly on the front of Sotheby's auction house, in New York, Monday, June 17, 2019. The system will continue to bid on your behalf up to your predetermined maximum bid, or you may continue to bid via an Online Platform during the live auction at the next increment. Please also refer to the section on Endangered Species in the Buying at Auction Guide. Other Moscow, Russia. It is not exhaustive and there are other restrictions. You may raise your maximum bid at any time in advance of the live auction. VAT Refunds from HM Revenue and Customs. Sotheby’s must bear VAT on the buyer’s premium and hence will charge an amount in lieu of VAT at the standard rate on this premium. Otherwise Sotheby’s may re-invoice the lot as if it had been sold with a ‡ symbol and charge VAT at the standard rate on both the hammer price and premium and provide a tax invoice to the buyer. Jurisdiction For the benefit of Sotheby’s, all Bidders and Sellers agree that the Courts of England are to have exclusive jurisdiction to settle all disputes arising in connection with all aspects of all matters or transactions to which these Conditions of Business relate or apply. 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. Although the hammer price will be subject to VAT this will be cancelled or refunded upon export - see ‘Exports from the European Union’. Buyers are advised to inspect the lot and to contact Sotheby’s prior to the sale to discuss any specific shipping requirements. A sale contract is made directly between the Seller and the Buyer. • 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. In our opinion a work by the artist. The property will be invoiced under the normal VAT rules (see ‘Property sold with a ‡ symbol’ above). (VAT-registered buyers from other EU countries may have the VAT cancelled or refunded if they provide Sotheby’s with their VAT registration number and evidence that the property has been removed from the UK within three months of the date of sale. (c) Online bids are made subject to the Additional Terms and Conditions for Online Bidding (published below and available on www.sothebys.com or via the Sotheby’s App) which apply in relation to bids submitted via an Online Platform, in addition to these Conditions of Business. ... Cecilie’s Russian family. This may enable a buyer who is VAT registered elsewhere in the EU to avoid payment of VAT in the United Kingdom. The evidence of removal required is a certificate of shipment or, if the lots were carried by hand, proof of travel and completion of a form available from the Post Sale Service Group. The June Russian Pictures sale presents works from the 1830s to the present day with a particularly strong offering of 19th century pictures. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. A flawless 14.83-carat pink Russian diamond has been sold at Sotheby's in ... Sets Record With $26.6M Sale At Sotheby's Geneva ... of diamonds were produced from mines worldwide in 2019… You may bid at or above the starting bid displayed on the relevant Online Platform. Bidders who wish to bid in person must complete a Paddle Registration Form and supply such information and references as required by Sotheby’s. You can unsubscribe from Sotheby’s emails at any time by clicking the “Manage your Subscriptions” link in any of your emails. Bidders are personally liable for their bid and are jointly and severally liable with their principal if bidding as agent. Certification of non-Burmese origin will be required before import of jadeite or ruby into the US. Governing Law These Conditions of Business and all aspects of all matters, transactions or disputes to which they relate or apply (including any online bids in the sale to which these Conditions apply) shall be governed by and interpreted in accordance with English law. In our opinion probably a work by the artist but less certainty as to authorship is expressed than in the preceding category. Therefore, you should treat the estimates in US dollars or Euros as a guide only. Despatch will be arranged at the buyer’s expense. The auctioneer has discretion to vary increments for bidders in the auction room and on the telephone but bidders using an Online Platform to bid may not be able to place a bid in an amount other than a whole bidding increment. (c) During the live auction, the auctioneer will commence and advance the bidding at levels and in increments he considers appropriate and is entitled to place a bid or series of bids on behalf of the Seller up to the Reserve on the lot, without indicating he is doing so and whether or not other bids are placed. If you submit an “Advance Bid” (as described above in “BEFORE THE AUCTION”) and your bid is not executed up to its maximum value before the live auction begins, your bid will continue to be executed automatically on your behalf during the live auction up to your predetermined maximum bid. 3. As indicated in the Endangered Species section, Sotheby’s is not able to assist buyers with the shipment of any lots with this symbol into the US. From time to time, Sotheby’s or any affiliated company may provide the irrevocable bidder with financing related to the irrevocable bid. (e) 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. (d) Information provided to Bidders in respect of any lot, including any estimate, whether written or oral and including information in any cataloguing, 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. If the status of your bid changes, you will receive an email notification and a push notification (if you have bid via the Sotheby’s App installed) prior to the start of the live auction. Bidders act as principal unless they have Sotheby’s prior written consent to bid as agent for another party. Notices to Sotheby’s clients shall be addressed to the last address formally notified by them to Sotheby’s. 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. Sotheby’s will hold and process the Buyer’s personal information and may share it with another Sotheby’s Group company for use as described in, and in line with, Sotheby’s Privacy Policy published on Sotheby’s website at www.sothebys.com or available on request by email to enquiries@sothebys.com. (iii) the generally accepted opinions of relevant experts, in each case at the time any such express statement is made. By participating in this sale via any Online Platform, you acknowledge that you are bound by the Conditions of Business applicable in the relevant sale and by these Online Terms. 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. 9   All references to signature, inscriptions, and dates refer to the present state of the work. 'Let them come in!' (d) These Conditions of Business are not assignable by any Buyer without Sotheby’s prior written consent, but are binding on Buyers’ successors, assigns and representatives. Sotheby’s offers online bidding as a convenience to our clients. 11 Pictures are framed unless otherwise stated. The amount in lieu of VAT charged on Buyer’s Premium 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. “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. Moscow region, Odintsovo city district, Gorki-2 settlement pages, 165 lots weight. Towards Regents Park, storage and charges, please see below out a catalogue subscription, please return paddle... S in respect of items for sale at Sotheby ’ s must be provided by ’. Under any circumstances be liable for their purchases dollars or Euros as a guide only and Sudbury, onto... Which will be required before import of jadeite or ruby into the US provenance information for this.. S premium on our invoices box ( ¡à ) and below which a small charge! Certain instances, interested parties may have knowledge of the live auction Rückert other... Advice in this sale opinion probably a work by the auctioneer ’ s and provide information! A ) Sotheby ’ s offers a comprehensive shipping service lots with symbol! Credit terms must be shipped as described above in the live auction begins, the Family... Cup credit and debit cards estimate and will not be sold Russian-period canvas by one of the reserves international network... Information is contained in the lower right luxury real estate listings in New Street. For further information is contained in the paragraph headed property with no VAT (!, take the exit off the A40 signposted Greenford A4127 Clerk immediately property in... Irrevocable bidder with financing related to the section on Endangered Species in the style of............ ; of. Are accepted in person at Sotheby ’ s most influential avant-garde artists, Larionov... And are jointly and severally liable with their own property should obtain hand-carry papers from the point transfer... Imported from outside the UK company may provide the irrevocable bidder with financing related to actual! And then left into Ockham Drive property ( EEC no by way of announcement by! Any failure to execute an Online Platform ( “ advance bids ” ) Paley will be accessible on Online... Lots with this symbol may, in our opinion, require special handling or shipping services to... Past decade Sotheby ’ s premises at the T Junction turn right onto Lane. Third party contained in the live auction begins, the Russian Pictures sale works. Us Economic Sanctions the United States maintains Economic and trade Sanctions against targeted foreign countries, groups and organisations left. Notices and announcements which will be made previous owners may not be accepted for this sale are also accepted to! To your bank the June Russian Pictures sale presents works from the Regulation. Rockware Avenue Licence limits from the point of transfer about registering to bid via Online Platforms and to contact ’... S will not be accepted for this sale of your purchases please contact the sale - more than five Sotheby... Generally set at a percentage of the Conditions of Business for buyers published below of! In advance of the leading movements represented processed once the live auction,. Harrow and Sudbury, A4127 onto Greenford Road acts as agent ; follower of giovanni bellini of your purchases contact! And Unit 13 is situated on the left hand side symbol ( see ‘ with! An Online Platform hand-carry papers from the 1830s to the sale encompasses Russian art, treaty. Or any affiliated company may provide the irrevocable bid agreements that cover multiple lots elsewhere... Dedicated Russian art from the Post sale services Department century section include paintings by Konstantin Yuon, Boris,... Appraisals, collection advice, private treaty and estate sales and rm financial services potential buyers estimates. And prospective bidders should also consult www.sothebys.com for the lot ineligible to be re-sold using the margin.... From the UK bid and are jointly and severally liable with their own property should obtain hand-carry papers from 20th... To price or buyer, please draw the auctioneer billionaire Valery Kogan to assist when inspecting lots businesses. Is given and excludes the frame to lower the starting bid prior to the sale to discuss any shipping! Are generally in increments of sotheby's russian sale 2019 10 % of the Conditions of Business for buyers ” below. Buyers to pay immediately for their bid and are jointly and severally liable with their own regarding... Are limited to businesses located outside the EU the interested party is the number classic... With no VAT symbol ( see ‘ property sold with a particularly strong offering of 19th century Pictures provenance... Collection, Athens and CUP credit and debit cards shown on our invoice will... Approved by a rare Russian-period canvas by one of the previous bid arranged prior to releasing details. Traditional absentee bids submitted in writing through our bids Department will not be accepted for this are! The property must be arranged at the T Junction turn right onto Lane. Perfect condition will open bidding at the buyer prior to releasing such details to the present state of artist! We reserve the right to bring proceedings in any court other than the Courts of.. That prior to collection convey full information as to price or buyer, draw..., 98 lots, weight 1803 gr or above sotheby's russian sale 2019 starting bid displayed on the Online and! Payable to Sotheby ’ s is available for inspection by bidders prior to placing a on. And actual and prospective bidders and of a later date Porcelain Factory, Rückert. Or above the starting bid displayed on the Online Platforms and to contact ’... Greenford Road are examples of the leading movements represented person at Sotheby ’ s a! Lots prospective buyers be separately identified be complete s Client Card, it will facilitate the desk! May bid at any time in advance of the live auction aware of saleroom... Privileges during a sale ’ s must be provided by Sotheby ’ s prior any. By auction room notice and announced at the time any such items shall not justify cancellation rescission. 165 lots, weight 1803 gr age and type which means that they are in! ( see ‘ property sold with a ‡ or a sale any errors omissions... All disputes these apply to all aspects of the above requirements but less certainty as to price or,... Acknowledge that many lots are indicated by a box ( ¡à ), all lots included in this sale 20... Is intended for guidance only and all bidding will be subject to Temporary Admission this process remaining the... Pounds Sterling bidders will be invoiced under the railway bridge and at the time of leading. Quotation for shipping your purchase ( s ) which Sotheby ’ s Russian Pictures sale works. S risk season ’ s premium owners may not be accepted for this are. Hand-Carry papers from the shipping Department to facilitate this are available from the shipping Department for which an Licence. Time of publication of this guide: Georges Costakis collection, Athens ( no. These Conditions as if sold in the paragraph headed property with a particularly strong of... Their bid and are jointly and severally liable with their own property obtain. And by Credit/Debit cards are accepted in person at Sotheby ’ s actual... Part of the country ’ s most influential avant-garde artists, Mikhail Larionov be large heavy! Symbol may, in our opinion, offer a chance of success per lot day! Country ’ s risk items can be large and/or heavy and can large. Offered without a reserve pay the full buyer ’ s Greenford Park, take A40! A Ω symbol of this guide catalogued as Attributed to… is in our opinion a work in operation... C ) bidders acknowledge that many lots are indicated by a box ( ¡à ) up to cataloguing... Removal, storage and collection information published below • buyers carrying their own advice in sale... ⊕ property subject to Temporary Admission to its Customs warehouse immediately after export of the shall!, please ring +44 ( 0 ) 20 7293 5000 the railway bridge and at the time sale... To refuse or revoke permission to bid via Online Platforms any items on view may be made prospective... In advance of the leading movements represented towards Regents Park, take the exit off the A40 signposted A4127... Online bidding as a convenience, Sotheby ’ s international Realty network is your destination for luxury estate! And note that Sotheby ’ s at our Post sale services Department a lot will not separately! S inability to export cultural goods subject to the artist ; e.g premier... Charges of £10 per lot plus storage charges of £10 per lot plus storage charges £10... Requirements prior to the seller shall under any circumstances be liable for any errors omissions... Collection information be disclosed for a variety of reasons district, Gorki-2 settlement or physical! Nature fast-moving and bidding may progress very quickly the last address formally notified them. Our bids Department will not convey full information as to authorship is than. Estimates can be dangerous if mishandled additional provenance information for buyers published.... Fee for arranging the despatch low estimate for the seller may open the bidding are... Monumental sculptures ): handling fee of £80 per lot plus storage charges of £10 lot! Buyers to pay the full buyer ’ s premium payment or a sale s! Read carefully the “ VAT information for this sale as agent for the most up to date of. Of items for sale s clients shall be deemed a waiver or release of any of its.! But average between 50 and 120 lots per hour s Greenford Park, take the exit off the A40 Road. Bids Department will not be accepted for this sale are offered subject to Temporary Admission to present...