Certain Exemptions Most states that impose sales taxes allow for specified exemptions to the tax. From time to time, Sotheby’s or any affiliated company may provide the irrevocable bidder with financing related to the irrevocable bid. 8.4. Fiat 8V Supersonic by Ghia $2,040,000.00 3. Why Some Watches Hold Their Value And Others Don't. … By participating in any sale, you acknowledge that you are bound by these terms and conditions. Ms. Mina, Sotheby’s‌ London-based head of press, ‌said that‌ ‌so‌ ‌far‌ ‌42‌ ‌percent‌ ‌of‌ ‌the‌ ‌bidders‌ ‌at‌ ‌its‌ ‌2020‌ ‌luxury‌ ‌sales‌ ‌have‌ ‌been‌ ‌new. In the case of denial of any export or import license or of delay in the obtaining of such licenses, the purchaser is still responsible for making on-time payment of the total purchase price for the lot. Whether through live auctions, Private Sales or online events, Christie’s offers jewellery at a range of price points for every collector’s needs. Evaluations of property can also be made in your home. For connoisseurs of design, there is a rich selection of vintage jewels by Cartier, Boivin, Belperron and Schlumberger and a stunning group of Art Deco masterpieces by Boucheron, Bulgari, Cartier and Yard. Please note that the missing sapphire near the clasp, shown in the printed catalogue, has been replaced. Our presale estimates reflect this assumption. Sale total: 10,521,630 HKD Property Evaluation There are three general ways evaluation of property can be conducted: You may bring your property directly to our galleries where our specialists will give you auction estimates and advice. Sotheby’s may require the original purchaser of record to obtain at the original purchaser of record’s cost the reports of two independent and recognized experts in the field, mutually acceptable to Sotheby’s and the original purchaser of record. Viewing Property will be available for viewing by appointment only at our New York premises, or such other location as we may indicate from time to time. The Conditions of Sale, Terms of Guarantee, the glossary, if any, and all other contents of this catalogue are subject to amendment by us by the posting of notices or by oral announcements made during the sale. Upon the closing of each lot, you will receive push notification (if enabled on your device) indicating whether you have won or lost each lot on which you have placed a bid. Lapis Lazuli and Sapphire Clip-Brooch by René Boivin. 6. Sotheby’s also offers a range of other services to our clients beyond buying and selling at auction. Please note that reserves may be set at any time before the start of the live auction and your maximum bid may be executed against the reserve once such reserve is set. Please note that this piece closely resembles a brooch from the collection of Mary, Princess Royal and Countess of Harewood and only daughter of George V and Queen Mary, that was offered at Christie’s London, October 7, 1970. Bidders are encouraged to submit bids online on Sothebys.com or through the Sotheby’s App. Certificates of Authenticity Various manufacturers may not issue certificates of authenticity upon request. With more than 500 quality cars and 400 lots of automobilia presented across the three-day sale, total sales achieved nearly $18 million with an impressive 91 percent of all lots finding new homes. Sotheby’s suggests that buyers check on their government wildlife import requirements prior to placing a bid. Cabochon ruby and diamond necklace by Suzanne Belperron. Emerald, ruby, sapphire and diamond Mughal-inspired necklace by David Webb. Online bidding may not be available for Premium Lots. Although it is widely believed that heat treatments are permanent, purchasers should assume that any treatment may not be permanent in nature and that over time special care of the stone may be required. To better assist our clients, we have prepared the following information on Sales and Use Tax related to property purchased at auction. The first live event is set for this week. The Sotheby’s International Realty network is your destination for luxury real estate listings. In the event that a sale is considered, we are pleased to provide auction estimates, sales proposals and marketing plans. The Art Loss Register As part of Sotheby’s efforts to support only the legitimate art market and to combat the illegitimate market in stolen property, Sotheby’s has retained the Art Loss Register to check all uniquely identifiable items offered for sale in this catalogue that are estimated at more than the equivalent of US$1,500 against the Art Loss Register’s computerized database of objects reported as stolen or lost. KATIA.NOUNOU@SOTHEBYS.COM. Collection & Shipping All collections and deliveries for purchased property will be handled by Post Sale Services in coordination with purchasers after the auction. Payments and Pick-Up All payments to be made at Client Accounting, 1334 York Avenue. For any in-person collections at any of our vendor’s premises, please alert Post Sale Services of your proposed collection date, ensure that all outstanding invoices have been paid for, and that you or your agent have the appropriate photo identification upon arrival. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. If the property is delivered to a state where Sotheby’s is not required to collect sales tax, it is the responsibility of the purchaser to self-assess any sales or use tax and remit it to taxing authorities in that state. 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. 4. In addition, the auction house will accept absentee bids prior to the live sale. References in the catalogue descriptions to certificates or reports issued by gemological labora-tories are included only for the information of bidders and Sotheby’s accepts no responsi-bility for the accuracy, terms or information contained in such certificates or reports. Sotheby’s Arranged Shipping If the property is delivered into any state in which Sotheby’s is registered, Sotheby’s is required by law to collect and remit the appropriate sales tax in effect in the state where the property is delivered. Country of Origin While Sotheby’s attempts to obtain accurate information on the country of origin of the gemstones, in accordance with paragraph 1 of the Conditions of Sale, Sotheby’s does not guarantee the correctness of the catalogue or other description of the gemstones including the country of origin. Split Window: Scaglione’s Aerodynamic Influence on the Automotive Industry. Sotheby's. Any claims relating to any purchase, including any claims under the Conditions of Sale or Terms of Guarantee, must be presented directly to Sotheby’s. 4. Dec 22, 2020, 12:08pm EST. The purchaser’s obligation to immediately pay the full purchase price or such part as we may require is absolute and unconditional and is not subject to any defenses, setoffs or counterclaims of any kind whatsoever. October 8, 2020 Hong Kong—Like almost everything else in 2020, the sale of two jewels expected to go for millions at Sotheby’s Magnificent Jewels sale in Hong Kong Wednesday didn’t go as planned. In instances where we have an interest in the lot other than our commission, we may bid up to the reserve to protect such interest. shipping: + $8.99 shipping . Our auction calendar includes annual and bi-annual auction events around the world, collection auctions and online only auctions. Sotheby’s has discretion to waive any of the above requirements. Please note that Sotheby’s will not accept payments for purchased lots from any party other than the purchaser, unless otherwise agreed between the purchaser and Sotheby’s prior to the sale. From time to time, Sotheby’s may enter into irrevocable bid agreements that cover multiple lots. Old Master Day Sale - Online Auction. Property Collection All collections and deliveries for purchased property will be handled by Post Sale Services in coordination with purchasers after the auction. 8.4.2. Please note that the ability to obtain an export license or certificate does not ensure the ability to obtain an import license or certificate in another country, and vice versa. Information on Sales and Use Tax Related to Purchases at Auction. Gemological Certificates and Reports References in the catalogue descriptions to certificates or reports issued by gemological laboratories are provided only for the information of bidders, and Sotheby’s does not guarantee and accepts no responsibility for the accuracy, terms or information contained in such certificates or reports. Specialist Advice Prospective bidders may be interested in specific information not included in the catalogue description of a lot. Bidders are advised to inspect the lot and to contact Sotheby’s prior to the sale to discuss any specific shipping requirements. Payment is due immediately. Museum Services Tailored to meet the unique needs of museums and non-profits in the marketplace, Museum Services offers personal, professional assistance and advice in areas including appraisals, deaccessions, acquisitions and special events. 14. Please note that the pinstem of the brooch will be repaired for the purchaser by Sotheby’s, following the auction. These or other techniques, such as dyeing, irradiation, coating and impregnation, may be used on other gemstones. For assistance with bidding and registration, please contact: Head of Fine Jewels and Global Head of Online Jewels. The highlight of the Festival of Wonder is an exclusive contemporary interpretation of the Nutcracker by the New York City Ballet. The seller of lots with this symbol has been guaranteed a minimum price from one auction or a series of auctions. Please contact Post Sale Services or the specialist in charge of the sale for information on credit arrangements for a particular lot. 10. In addition, certain manufacturers will not service or repair pieces if all of the component parts are not original to the piece. See below for dates and times. Sotheby’s Hong Kong is back with its Magnificent Jewels sale at Hong Kong Convention and Exhibition Centre on July 10, marking the return of live jewellery auctions in Asia.. Credit: Sotheby’s . December 1, 2020 16 Stunning Pieces of Jewelry Are Heading to Auction to Help Beirut Rebuild The online sale is open for bidding Dec. 7-15. If you are using your own shipper to collect property from Sotheby’s, please provide a letter of authorization and kindly instruct your shipper that they must provide a Bill of Lading prior to collection. Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. Sotheby’s decision whether to accept any pre-registration application shall be final. In person bidding is not available for this auction. It is the purchaser’s responsibility to obtain any export or import licenses and/or certificates as well as any other required documentation. If the status of your bid changes, you will receive notifications via email and push (if you have enabled push notifications) leading up to the live auction. 15. New forms of treatments and new scientific methods to discern them are constantly being developed. All inquiries regarding search certificates should be directed to The Art Loss Register, First Floor, 63-66 Hatten Garden, London EC1N 8LE or by email at artloss@artloss.com. If you are using your own shipper to collect property, please provide a letter of authorization and instruct your shipper to email their bill of lading to billsoflading@sothebys.com and ensure the correct collection location is specified. View all upcoming Sotheby's auctions and private sales of Contemporary, Modern & Impressionist, Old Master Paintings, Jewelry, Watches, Wine, Decorative Arts, Asian Arts & more. Also on offer is a rich selection of mid-20th century jewels by French jewelers René Boivin and Suzanne Belperron. They will provide information regarding sellers’ commission rates and other charges, auction venue, shipping and any further services you may require. 3. Sotheby’s will be pleased to offer condition reports on all lots of the sale to potential purchasers. Telephone Bidding In some circumstances, we offer the ability to place bids by telephone live to a Sotheby’s representative on the auction floor. Prospective buyers are reminded that all lots are sold as shown. Bidders are encouraged to submit bids online on Sothebys.com or through the Sotheby’s App. 3.67-carat fancy intense blue diamond in a cut-cornered rectangular modified brilliant-cut. New York. In a previous life I was an award-winning daily newspaper reporter who moved to business and trade magazines and who now specializes in high jewelry and watches for publications around the world. 5. Please take note of them. Sotheby’s Part II Magnificent Jewels & Nobel Jewels – Geneva sale, the first live jewelry auction since the novel cornavirus pandemic, did not go as planned. In the event of a discrepancy between any online records or messages provided to you and the record of sale kept by Sotheby’s, the record of sale will govern. You may nevertheless lower your maximum bid leading up to the live auction by contacting the Bids Department at +1 212 606 7414, except that you may not lower it to a level lower than the current leading bid. Please note a small diamond is missing and will be replaced for the purchaser by Sotheby’s, following the auction. One of the feature sales is a special online charity auction, “Love EMC,” that benefits “Every Mother Counts,” a charity founded by American model, charity-founder, campaigner, and filmmaker, Christy Turlington. 8. In a previous life I was an award-winning daily newspaper reporter who moved to business and trade magazines and who now specializes in high jewelry and watches for. All successful buyers will be contacted to discuss options for shipment and collection of property – please note that global shipments are currently experiencing delays. Payment will not be deemed to have been made in full until we have collected good funds. Sales tax, where applicable, will be charged on the entire amount. Contemporary Art +44 20 7293 5392. You may raise your maximum bid at any time in advance of the live auction. The auctioneer introduces the objects for sale — known as “lots” — in numerical order as listed in the catalogue. You must arrange for Sotheby’s to receive your pre-registration application at least three working days before the sale. Sotheby’s is unable to remove canvases off stretchers or to roll works on paper. 3.01-carat fancy vivid blue diamond, estimate: $4.3 – $6.3 million. The reserve is generally set at a percentage of the low estimate and will not exceed the low estimate of the lot. Successful bidders will be notified and invoiced after the sale. 1334 York Avenue. 9. You can read more about our safety requirements here. Explore live auctions Handbags & Accessories Hong Kong 27 NOVEMBER 2020 2:00pm View Results Important Watches Including The Ruby Collection and An Important Private Asian Collection Part V Hong Kong 28 November 2020 2:00pm. If there is considerable property in question, we can arrange for an informal “walkthrough.”. Please note Sotheby’s reserves the right to refuse to accept payment from a source other than the buyer of record. On December 17, Sotheby's will be putting up for virtual auction six furniture pieces Perriand was commissioned to design between 1972 and 1975 for the owners of a Toulouse home designed by French architect Pierre Debeaux. When possible, the estimate is based on previous auction records of comparable pieces. Estimates should not be relied upon as a representation or prediction of actual selling prices. The following Conditions of Sale and Terms of Guarantee are Sotheby’s, Inc. and the Consignor’s entire agreement with the purchaser and any bidders relative to the property listed in this catalogue. By placing Advance Bids on the Online Platforms, you accept and agree that any such bids are final, that you will not be permitted to retract your bid, and that, should your bid be successful, you irrevocably agree to pay the full purchase price, including buyer’s premium, overhead premium and other applicable charges, and all applicable taxes. EDT. This group includes important pieces by Bulgari, Van Cleef & Arpels and David Webb from whom she acquired a spectacular emerald, ruby, sapphire and diamond Mughal-inspired necklace (estimate $75,000 - $100,000) as well as several bespoke pieces. Dealers and resale clients should fill out the appropriate forms where applicable or contact Post Sale Services with any questions. The jewel was designed by contemporary Hong Kong high jewelry house, Forms. Property will not be released without this confirmation and your shipper must bring the same Bill of Lading that was faxed to Sotheby’s when collecting. RM Sotheby’s hosted their first Online Only London auction with nearly 70 motorcars and a selection of mostly Ferrari automobilia on offer. In the states that impose sales tax, Tax Laws require an auction house, with such presence in the state, to register as a sales tax collector, and remit sales tax collected to the state. Sotheby’s will not be responsible or liable for damage to frames and glass coverings, regardless of the cause. In order to do so, you must register an account with Sotheby’s and provide requested information. The top lot in the sale is a pink gold and platinum ring set with a 5.03-carat cut-cornered rectangular mixed-cut fancy vivid pink diamond, accented with two cut-cornered triangular step-cut fancy intense blue diamonds. Salesroom notices are also posted on the Online Platform for those bidding online. Purchasers are reminded that Sotheby’s liability for loss of or damage to sold property shall cease upon the earlier of (a) 30 calendar days after the date of the auction and (b) our release of the property to the purchaser or the purchaser’s designated agent. Payment must be made through Sotheby’s New York Post Sale Services by way of our acceptable forms of payment methods mentioned on your invoice. Stone Weights  Weights of stones printed in the catalogue and preceded by the words “stated to be,” “about” or “approximately” are not guaranteed by Sotheby’s. You may raise your maximum bid at any time in advance of the live auction. Packing and handling of purchased lots is at the entire risk of the purchaser. Director. Sotheby’s can arrange for delivery of your property through one of our contracted vendors or can coordinate pick up at our offsite location with you or your shipper directly. Please note that Sotheby’s will remount the diamond for the purchaser upon request, following the auction. Once the live auction begins, the auctioneer will open bidding at the current leading bid. For any property collected or received by the purchaser in New York City, such property is subject to sales tax at the existing New York State and City rate of 8.875%. If the irrevocable bidder is the successful bidder, any contingent fee, fixed fee or both (as applicable) for providing the irrevocable bid may be netted against the irrevocable bidder’s obligation to pay the full purchase price for the lot and the purchase price reported for the lot shall be net of any such fees. (c) The bidder and/or purchaser undertakes that none of the purchase price will be funded by any Sanctioned Person(s), nor will any party be 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. 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-sale or pre-lot announcement will be made indicating that interested parties may be bidding on the lot. Dez 2020. If you have property you wish to sell, Sotheby’s team of specialists and client services representatives will assist you through the entire process. Provenance In certain circumstances, Sotheby’s may print in the catalogue the history of ownership of a work of art if such information contributes to scholarship or is otherwise well known and assists in distinguishing the work of art. shipping: + $7.60 shipping . A Look Back At 2020 Jewelry Stories. The necklace, when worn as a tiara, is identical to one that Lady Wolverton, only daughter of the 1st Earl of Dudley, received as a wedding gift and was later sold by Christie’s London approximately 30 years ago. The property will be offered by us as agent for the Consignor, unless the catalogue indicates otherwise. The art dealer, when re-selling the property, may be required to charge sales tax to its client, or the client may be required to self-assess sales or use tax upon acquiring the property. At its Magnificent Jewels sale in New York on Dec. 9, Sotheby’s will offer a smattering of important fancy colored diamonds and signed pieces from the … Sotheby’s may require such necessary financial references, guarantees, deposits and/or such other security, in its absolute discretion, as security for your bid(s). Lots with this symbol have been identified at the time of cataloguing as containing organic material which may be subject to restrictions regarding import or export. 6. If the status of your bid changes, you will receive notifications via email and push (if you have the Sotheby’s App installed) leading up to the live auction. 7. Where Sotheby’s is Not Required to Collect Sales Tax Sotheby’s is not required to collect sales tax on property delivered to states other than those listed above. Her collections include important pieces from Bulgari, Cartier, Van Cleef & Arpels and Harry Winston. Purchasers who wish to use their own shipper who is not a considered a “common carrier” by the New York Department of Taxation and Finance will be charged New York sales tax on the entire charge regardless of the destination of the property. Unless indicated by a box (¡à), all lots in this catalogue are offered subject to a reserve. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. By participating in a sale via any Online Platform, Bidders accept the Online Terms, as well as the relevant Conditions of Sale. In keeping with the holiday spirit, three of … Please call the jewelry representatives as set forth in the front of the catalogue. Sotheby’s can prepare appraisals to suit a variety of needs, including estate tax and planning, insurance, charitable contribution and collateral loan. Auctioneer Sotheby’s saw its Asia sales reach HK$7.2 billion (US$932 million) in 2020, bolstered by a 440% increase in online auctions. As Is Goods auctioned are often of some age. Please note that the lot is not accompanied by a signed box, as stated in the printed catalogue. 2. Rare colored diamonds and historic gems will be seeking new owners at Sothebys semi-annual sale in Geneva this week, as live auctions resume after a … The absence of a condition report or the absence of a reference to damage in the catalogue does not imply that the lot is in good condition, working order or free from restoration or repair. Purchasers are advised to contact an independent painting restorer to pack works in this manner. Browse and bid online, or contact our salerooms in London, New York, Paris, Hong Kong, Geneva and worldwide. You may opt-out by. Treatment and Condition of Gemstones  Traditionally, gem-stones have been treated by a variety of techniques to enhance color and generally to improve their appearance. August 11, 2020 High-Jewelry Sales Are Booming at Christie’s and Sotheby’s—Here’s What’s Selling Rare emeralds, sapphires and fancy-blue diamonds reign supreme. Results Sale results are available on sothebys.com and on the Sotheby’s App. Simply contact the appropriate specialist (specialist departments are listed in the back of this catalogue), General Inquiries Department or a Sotheby’s regional office representative for suggestions on how best to arrange for evaluation of your property. Furthermore, in reference to bands, we do not guarantee the material of manufacture. Payment is due in full immediately after the sale. It is specifically understood and agreed that the rescission of a sale and the refund of the original purchase price paid (the successful hammer price, plus the buyer’s premium and overhead premium) is exclusive and in lieu of any other remedy which might otherwise be available as a matter of law, or in equity. We may implement such reserve by opening the bidding on behalf of the Consignor and may bid up to the amount of the reserve, by placing successive or consecutive bids for a lot, or bids in response to other bidders. Among Belperron’s pieces in the sale is a cabochon ruby and diamond necklace, which captures her skill of using combinations of materials and gemstones to create sculptural and abstract works of art (estimate $500,000 - $750,000). 5.03-carat cut-cornered rectangular mixed-cut fancy vivid pink diamond, accented with two ... [+] cut-cornered triangular step-cut fancy intense blue diamonds. 11–18 December 2020 | 10:00 AM HKT | Hong Kong. To be able to claim under this Guarantee of Authorship, the original purchaser of record must: (i) notify Sotheby’s in writing within three (3) months of receiving any information that causes the original purchaser of record to question the accuracy of the Bold or Capitalized type heading, specifying the lot number, date of the auction at which it was purchased and the reasons for such question; and (ii) return the Lot to Sotheby’s at the original selling location in the same condition as at the date of sale to the original purchaser of record and be able to transfer good title to the Lot, free from any third party claims arising after the date of such sale. By YeEun Kim Dec 8, 2020 The following buyers ’ Premium of 10 % on all lots are sold as.. Art including property from the collection of property, with online bids taken! 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