the condition they are in at the time of sale in the relevant Studio Sale. (b) Sotheby's 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. Sotheby’s Contemporary Art Evening Sale was led by the trio of Alfa Romeo B.A.T. (e) Any post-auction sale of Lots offered at auction shall incorporate these Conditions as if sold in the auction. Scopri le migliori foto stock e immagini editoriali di attualità di Sothebys Old Masters Evening Auction su Getty Images. Click on a lot to learn more. View auction details, art exhibitions and online catalogues; bid, buy and collect contemporary, impressionist or modern art, old masters, jewellery, wine, watches, prints, rugs and books at sotheby's … Buyers’ Premium. 17.1.2. Reserved.4. (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. (b) If a purchased Lot is paid for but not collected within six months of the auction, the Buyer authorises Sotheby's, having given notice to the Buyer, to arrange a resale of the item by auction or private sale, with estimates and reserves at Sotheby's discretion. If a successful bid is sent to Sotheby’s from an Online Platform using your Sotheby’s account, you irrevocably agree to pay the full purchase price, including buyer’s premium and all applicable taxes and other applicable charges. (e)  Sotheby’s shall not reimburse the EU/UK Consumer by the amount of any supplementary costs which arise if the EU/UK Consumer chooses a type of delivery other than the least expensive type of standard delivery offered by Sotheby’s or any import duties we incur as a result of the EU/UK Consumer returning the Lot to us. In connection with the auction, RMS will have absolute discretion with regard to the Lot(s) or any RMS auction as to (a) consulting any expert either before or after the sale, (b) researching provenance, (c) providing descriptions as may be appropriate, (d) marketing and promotion of the sale, and (e) any other services required to conduct the sale. 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. Nothing in this clause 29 shall affect any Buyer(s) legal rights that shall apply against the Consignor as a result of any applicable laws.29.1. If the sale is cancelled/rescinded due to non-payment, RMS will not be liable to the Bidder for any losses or damages resulting from the cancellation/rescission. 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. A further condition of bidding at the auction is that the Bidder holds RMS harmless from any and all tax or regulatory issues that arise due to Tax and Ownership Information (defined below) that RMS provides.10.1. 12.3. A Francis Bacon triptych sold for over $84 million during a virtual auction at Sotheby's, on what was an encouraging -- and highly unusual -- evening for the coronavirus-hit art market. Tonight’s sale started a bit earlier than the usual 7 p.m. evening time slot, with a group of 19 cutting-edge works from the collection of hedge fund manager Adam Sender. Purchase Price. If there are legitimate claims, accusations, notices, or similar communications made by the Buyer in regard to their purchase of a Lot(s) not being authentic, being misrepresented, having an encumbered title or registration, having undisclosed material issue, or having a similar claim, RMS has the right to retain the Buyer’s funds on account and be the arbitrator as to the merit of the Buyer’s claims and to cancel the sale of the Lot(s) and reimburse the payment to the Buyer if RMS deems the Buyer’s claims to be valid. In the event that the Buyer does not pay any portion of the Purchase Price and applicable taxes by the Payment Deadline, the Bidder agrees to and acknowledges that RMS has the sole discretion to do any one or any combination of the following:12.1. (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. 26. The Studio Sale Information and/or any condition report relating to the Lot may make reference to particular imperfections of the Lot but you should note that the Lot may have other faults not expressly referred to in the condition report for the Lot or shown in the online or PDF or printed images of the Lot. ADDITIONAL TERMS AND CONDITIONS FOR ONLINE BIDDING. (Clauses 1.2. to 1.2.3. together are “Contractual Obligations”)1.3. 1. Minimum Price Guaranteed for Consignor. 11.4. Moscow had earlier said the masterpiece was stolen from a private collection in 1997. Sotheby's shall inform the Buyer of the exercise of any such lien and within 14 days of such notice may arrange the sale of such property and apply the proceeds to the amount owed to Sotheby’s; (h) resell the Lot by auction or private sale, with estimates and reserves at Sotheby's discretion. Sotheby’s introduced its contemporary art evening sale in 2017 in Hong Kong, split 50/50 between Western and Asian contemporary art. Admission to this auction is by ticket only. Sotheby’s Impressionist & Modern Art Evening Sale features an array of paintings, works on paper and sculpture by leading artists of the late nineteenth and early twentieth centuries. (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. (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. Explore {{searchView.params.phrase}} by color family {{familyColorButtonText(colorFamily.name)}} The Bidders agree to allow RMS to use their personal information in accordance with RMS’ Privacy Policy. 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. It will now be offered in our cross-category Evening Sale, #RembrandtToRichter on July 28. 606 7000 F 606 7107 WWW.SOTHEBYS.COM Sale Results New York Sale N09932 Contemporary Art Evening Sale ... | December 15, 2020 Ian Kelleher, Chief Marketing Officer, RM Sotheby’s, said: “The sale of the B.A.T. Provided that the EU/UK Consumer sends the communication to inform the Trader of the cancellation prior to the end of the Studio Sale Cancellation Period, the EU/UK Consumer will be deemed to have cancelled the sales contract within the Studio Sale Cancellation Period. Sotheby’s offers online bidding as a convenience to our clients. "Overhead Premium" is the allocation of Sotheby’s overhead costs relating to Sotheby’s facilities, property handling and other administrative expenses that is payable by the Buyer on the Hammer Price at the rates set out in the guide to Buying at Auction in the sale catalogue, plus any applicable VAT or amount in lieu of VAT; "Purchase Price" is the Hammer Price and applicable Buyer's Premium, Overhead Premium, ARR 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); “Studio Sale Cancellation Period” is the period of fourteen (14) days starting on the day after the EU/UK Consumer (or a person, other than the carrier, identified by the EU/UK Consumer) takes physical possession of the Lot; “Studio Sale Information” is the Lot information including, but not limited to, any pre-sale estimates; any information regarding provenance; the online catalogue description of the Lot; any catalogue available in print or as a PDF on Sotheby’s website in respect of the Studio Sale, any condition report provided by Sotheby’s in relation to the Lot (with any such condition report being deemed to include the online, PDF or printed images of the Lot); any other information relating to the Lot or the conduct of the Studio Sale (including, but not limited to, the Guide to Buying in a Studio Sale); any on-screen notices relating to the Studio Sale or the Lot; any notices shown or given verbally by Sotheby’s auctioneer during the live screening of the Studio Sale; “Trader” is a person who is the Seller of a Lot and is acting for purposes relating to that person’s trade, business, craft or profession; "VAT" is Value Added Tax at the prevailing rate. 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