Exclusions and limitations of liability to Buyers. (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 include your name, Sotheby’s account number and invoice number with your instructions to your bank. However, the identity of the seller or previous owners may not be disclosed for a variety of reasons. If you are in doubt about the location of your purchases, please contact the Sale Administrator prior to arranging collection. The Artist’s Resale Right payable will be the aggregate of the amounts payable under the above rate bands, subject to a maximum royalty payable of 12,500 euros for any single work each time it is sold. Shipping Sotheby’s offers a comprehensive shipping service. It is located in Exuma Cays, Exuma. 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. The following is intended to give you useful information on how to buy at auction (including guidance on how to bid during the online pre-bidding period prior to the live auction). 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. Should you wish to view these items you must ask for assistance from a member of Sotheby’s staff who will be pleased to assist you. Russian art specialists MacDougall’s is marking 15 years since holding its first auction in London and has announced that its upcoming sale on June 5 will have a total estimate of £8.5m. Sotheby’s may charge an administrative fee for arranging the despatch. Please refer to condition 7 of the Conditions of Business for Buyers. Prospective bidders should also consult www.sothebys.com for the most up to date cataloguing of the property. ... Cecilie’s Russian family. There is additional provenance information for this lot: Georges Costakis Collection, Athens. Once the live auction begins, the auctioneer will open bidding at the current leading bid. 3. 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. As a guide to potential buyers, estimates for this sale are also shown in Euros and US Dollars. If you have a Sotheby’s Client Card, it will facilitate the registration process. Please refer to Condition 7 of the Conditions of Business for Buyers. Interested Parties Announcement In situations where a person who is allowed to bid on a lot has a direct or indirect interest in such lot, such as the beneficiary or executor of an estate selling the lot, a joint owner of the lot, or a party providing or participating in a guarantee of the lot, Sotheby’s will make an announcement in the saleroom that interested parties may bid on the lot. Cheques should be made payable to Sotheby’s. The absence of reference to the condition of a lot in the catalogue description does not imply that the lot is free from faults or imperfections. Employee Bidding Sotheby’s employees may bid only if the employee does not know the reserve and fully complies with Sotheby’s internal rules governing employee bidding. 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. • An EU Licence is necessary to export cultural goods subject to the EU Regulation on the export of cultural property (EEC No. Transit risk insurance may also be included in your quotation. RM Sotheby's is the number one classic car and investment quality auction house in the world. catalogue, soft cover, 140 pages, 98 lots, weight 560 gr. 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. In the event that Sotheby’s ships items for a purchaser in this sale to a destination within a US state in which Sotheby’s is registered to collect sales tax, Sotheby’s is obliged to collect and remit the respective state’s sales / use tax in effect on the total purchase price (including hammer price, buyer’s premium, shipping costs and insurance) of such items, regardless of the country in which the purchaser resides or is a citizen. Sotheby’s Authenticity Guarantee. 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. In our opinion a work by an unknown hand in the studio of the artist which may or may not have been executed under the artist’s direction. 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%. Catalogue is in excellent condition and in … In 1989, for example, the firm sold Impressionist and Modern art totaling a staggering $1.1 billion in New York and London. 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. 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… Thank you for your co-operation. Payment Payment is due immediately after the sale and may be made by Sterling Wire Transfer or Sterling Cheque. $14,250,000. Card payments may not exceed £30,000 per sale. 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 and enabled the push notification facility) prior to the start of the live auction. (a) The Bidder and/or Buyer is not subject to trade sanctions, embargoes or any other restriction on trade in the jurisdiction in which it does business as well as under the laws of the European Union, the laws of England and Wales, or the laws and regulations of the United States, and is not owned (nor partly owned) or controlled by such sanctioned person(s) (collectively, “Sanctioned Person(s)”). 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. (a) Sotheby’s shall refund the Purchase Price to the Buyer in circumstances where it deems that the lot is a Counterfeit and each of the conditions of the Authenticity Guarantee has been satisfied. The next bidding increment is shown for your convenience. (b) In the light of the matters in Condition 3 above and subject to Conditions 4(a) and 4(e), neither any Sotheby’s Company nor the Seller: (i) is liable for any errors or omissions in information provided to Bidders by Sotheby’s (or any Sotheby’s Company), whether orally or in writing, whether negligent or otherwise, except as set out in Condition 3(f) above; (ii) gives any guarantee or warranty to Bidders and any implied warranties and conditions are excluded (save in so far as such obligations cannot be excluded by law) other than the express warranties given by the Seller to the Buyer in Condition 2 of the Sellers’ Conditions of Business; (iii) accepts responsibility to any Bidders in respect of acts or omissions (whether negligent or otherwise) by Sotheby’s in connection with the conduct of auctions or for any matter relating to the sale of any lot. (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. Payment for purchases is due in Pounds Sterling, however the equivalent amount in any other currency will be accepted at the rate prevailing on the day that payment is received in cleared funds. If the irrevocable bid is not secured until after the printing of the auction catalogue, Sotheby’s will notify bidders that there is an irrevocable bid on the lot by one or more of the following means: a pre-sale or pre-lot announcement, by written notice at the auction or by including an irrevocable bid symbol in the e-catalogue for the sale prior to the auction. A few of the rare jewels that ranged from royal to whimsical at the Sotheby's and Christie's auctions for Spring 2019. 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. Upon the closing of each lot, you will receive an email notification and a push notification indicating whether you have won or lost each lot on which you have placed a bid. Illustrations are for identification purposes only and will not convey full information as to the actual condition of lots. (j) release the name and address of the Buyer to the Seller to enable the Seller to commence legal proceedings to recover the amounts due and legal costs. 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. Please refer to Condition 7 of the Conditions of Business for Buyers published below. • buyers carrying their own property must obtain hand-carry papers from the Shipping Department for which a small administrative charge will be made. Lots with this symbol may, in our opinion, require special handling or shipping services due to size or other physical considerations. VIEW PRINT CATALOGUE. Manner of Samuel Cooper. Under such circumstances, the total compensation to the irrevocable bidder will not exceed the total buyer’s premium and other amounts paid to Sotheby’s in respect of any lots for which the irrevocable bidder is not the successful bidder. From time to time, Sotheby’s or any affiliated company may provide the irrevocable bidder with financing related to the irrevocable bid. The estimates do not include the buyer’s premium or VAT. (v) in respect of online bidding via an Online Platform, the Additional Terms and Conditions for Online Bidding published below and available on www.sothebys.com and the Sotheby’s App, in each case as amended by any saleroom notice or auctioneer’s announcement at the live auction. (When the 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. Oversized items (such as monumental sculptures): handling fee of £80 per lot plus storage charges of £10 per lot per day. Purchasers must ensure that their payment has been cleared prior to collection and that a release note has been forwarded to Sotheby’s Greenford Park by our Post Sale Service Group at Sotheby’s New Bond Street. This season’s Russian Pictures sale encompasses Russian art from the 18th to 21st centuries with each of the leading movements represented. At the end of the sale, please return your paddle to the registration desk. Sotheby’s, upon request and for an administrative fee, may apply for a licence to export your lot(s) outside the UK, Sotheby’s, upon request and for a-n administrative fee, may apply for a licence to export your lot(s) outside the UK. Please note that Sotheby’s reserves the right to lower the starting bid prior to the start of the live auction. Solely as a convenience, Sotheby’s may also provide condition reports. 3911/92, Official Journal No. 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. 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. Catalogue is in excellent condition. Catalogue Subscriptions If you would like to take out a catalogue subscription, please ring +44 (0)20 7293 5000. In 1969 the first dedicated Russian Art department was established in Geneva, and landmark sales of Fabergé eggs and Soviet porcelain swiftly followed. Important Design. The proceeds of such sale, less all costs incurred by Sotheby’s, will be forfeited unless collected by the Buyer within two years of the original live auction. The Temporary Admission VAT charged on the hammer price may be refunded under the following circumstances:-, • Sotheby’s is instructed to ship the property to a place outside the EU, • The property is hand carried from the UK directly outside the EU and Sotheby’s pre lodge the export entry with HMRC. This … Alternatively, you may register for a paddle upon entering the saleroom. Purchased lots are at the Buyer’s risk (and therefore their sole responsibility for insurance) from the earliest of i) collection or ii) the thirty-first calendar day after the live auction. Lots with this symbol indicate that a party has provided Sotheby’s with an irrevocable bid on the lot that will be executed during the sale at a value that ensures that the lot will sell. If a successful bid is sent to Sotheby’s from your computer, electronic or mobile device, you irrevocably agree to pay the full purchase price, including buyer’s premium and all applicable taxes and other applicable charges. △ Property in which Sotheby’s has an Ownership Interest. Please note that Sotheby’s is not able to assist buyers with the shipment of any lots containing ivory and/or other restricted materials into the US. Bank transfers Our bank account details are shown on our invoices. If the interested party is the successful bidder, they will be required to pay the full Buyer’s Premium. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski … Sotheby’s is not obliged to release a lot to the Buyer until title in the lot has passed and appropriate identification has been provided, and any earlier release does not affect the passing of title or the Buyer’s unconditional obligation to pay the Purchase Price and Buyer’s Expenses. 11 Pictures are framed unless otherwise stated. Where there is no VAT symbol, Sotheby’s is able to use the Auctioneer’s Margin Scheme and VAT will not normally be charged on the hammer price. This property for sale at Blue Island, Exuma Cays, Exuma Bahamas is a Private Islands with 12 bedrooms, full baths, and partial baths. Should you wish to view or inspect any items more closely please ask for assistance from a member of Sotheby’s staff to ensure your safety and the safety of the property on view. Big size pictures. Sotheby's has accepted a merger offer from entrepreneur Patrick Drahi, who will purchase the auction house for $3.7 billion. Sotheby’s must be provided with the appropriate proof of export immediately after export of the goods. Stop at the security barrier and say you are visiting Sotheby’s. 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. (c) The Bidder and/or Buyer undertakes that none of the Purchase Price will be funded by any Sanctioned Person(s), nor will any party 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. 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. Sotheby’s is set to offer works by some of the most pre-eminent creators of Russian art in dedicated online sales of Works of Art, Fabergé and Icons, open for bidding on 9 – 17 June. 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. A buyer’s inability to export or import these lots cannot justify a delay in payment or a sale’s cancellation. 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). 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. 8   The term signed and/or dated and/or inscribed means that in our opinion the signature and/or date and/or inscription are from the hand of the artist. 6. 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. Where the purchaser has provided Sotheby’s with a valid Resale Exemption Certificate prior to the release of the property, sales / use tax will not be charged. In our opinion a copy of a known work of the artist. 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. Sotheby’s is not responsible for any error or omissions in the operation of the currency converter. Bidders acknowledge this fact and accept responsibility for carrying out inspections and investigations to satisfy themselves as to the lots in which they may be interested. 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. Anyone considering bidding in the live auction (including by submission of a bid in advance of the start of the live action via an Online Platform or otherwise) should read them carefully. Successful bidders will be notified and invoiced after the sale. If any lots included in this sale are offered without a reserve, these lots are indicated by a box (¡à). (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. However, lots can realise prices above or below the pre-sale estimates. The estimates printed in the catalogue in Pounds Sterling have been converted at the following rate, which was current at the time of printing. In our opinion a work by a painter working in the artist’s style, contemporary or nearly contemporary, but not necessarily his pupil. Please refer to VAT information for Buyers for VAT symbols used in this sale. The bidding steps are generally in increments of approximately 10% of the previous bid. 4   A portrait miniature catalogued as Manner of… is in our opinion a work in a style related to that of the artist, and of the period; e.g. Medium items (such as most paintings or small items of furniture): handling fee of £30 per lot plus storage charges of £4 per lot per day. Buyers who have established credit arrangements with Sotheby’s may collect purchases prior to payment, although a release note is still required from our Post Sale Service Group as above. Sale L19115. 10 Dimensions are given height before width. A buyer’s inability to export or import any lots with this symbol cannot justify a delay in payment or a sale’s cancellation. In our opinion a work by the artist. This is intended for guidance only and all bidding will be in Pounds Sterling. In all cases the relevant tax legislation takes precedence and the VAT rates in effect on the day of the live 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. 11/10 nbs_russian. Please refer to Condition 3 of the Conditions of Business for Buyers below. (a) Sotheby’s knowledge in relation to each lot is partially dependent on information provided to it by the Seller, and Sotheby’s is not able to and does not carry out exhaustive due diligence on each lot. If you are in doubt about the location of your purchases please contact the Sale Administrator prior to collection. Attributed to Samuel Cooper. Telephone bids may be recorded. Items sold to buyers whose address is in the EU will be assumed to be remaining in the EU. Payments by Sterling Cash and by Credit/Debit Cards are also accepted subject to certain restrictions and/or surcharges – please see below. Further information is contained in the guide to Buying at Auction. 8. The following is a selection of categories of items for which other value limits apply and for which an EU Licence may be required. 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. Unless indicated by a box (¡à), all lots included in this sale are offered subject to a reserve. Additional Terms and Conditions for Online Bidding. 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. We specialize in rare antique, classic, and sports & racing cars. The sale is led by a rare Russian-period canvas by one of the country’s most influential avant-garde artists, Mikhail Larionov. Exceptions to this procedure will be notified by auction room notice and announced at the time of the sale. Although the hammer price will be subject to VAT this will be cancelled or refunded upon export - see ‘Exports from the European Union’. The Russian Pictures sale presents works from the 1830s to the present day with a particularly strong offering of 19th-century pictures. Export The export of any lot from the UK or import into any other country may be subject to one or more export or import licences being granted. If you are bidding via an Online Platform, our shipping calculator is available to help you determine the delivery charges in relation to the item of property on which you wish to bid. The property will be invoiced under the normal VAT rules (see ‘Property sold with a ‡ symbol’ above). During the sale Sotheby’s may provide a screen to show currency conversions as bidding progresses. You may bid at or above the starting bid displayed on the relevant Online Platform. Clients who wish to provide resale or exemption documentation for their purchases should contact Post Sale Services. VAT Refunds from HM Revenue and Customs. Please read carefully the terms of the Authenticity Guarantee and the Conditions of Business for Buyers set out in this catalogue, in particular Conditions 3 and 4. 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. Loss or Damage Buyers are reminded that Sotheby’s accepts liability for loss or damage to lots for a maximum period of thirty (30) days after the date of the live auction. Smaller items can normally be collected from New Bond Street, however large items may be sent to Sotheby’s Greenford Park Fine Art Storage Facility. These lots will be invoiced under the margin scheme. Sotheby’s will transfer all lots sold subject to Temporary Admission to its Customs warehouse immediately after sale. The following amounts of VAT may be cancelled or refunded provided Sotheby’s receive the appropriate export documents within the time limits stated: Property with no VAT symbol (see paragraph 1). In the past few years the Russian Art department has achieved exceptional sale results for works by 19th and early 20th century artists, such as Robert Falk, Nicholas and Svetoslav Roerich, Natalia Goncharova, Alexander Volkov, Vasilii Polenov, Nikolai Fechin, Konstantin Makovsky, and … The property on sale is reportedly owned by Russian-Israeli billionaire Valery Kogan. You may also input your maximum bid which, upon confirmation, will be executed automatically up to this predefined maximum value, in response to other bids, including bids placed by Sotheby’s on behalf of the seller, up to the amount of the Reserve (if applicable). Duties of Bidders and of Sotheby’s in respect of items for sale. Samuel Cooper. The denial of any permit or licence shall not justify cancellation or rescission of the sale contract or any delay in payment. You may raise your maximum bid at any time in advance of the live auction. These rates are exclusive of any applicable VAT. 7. Fabergé & Vertu: Property from the Brooklyn Museum, Sold to Support Museum Collections, The Intricate Carvings and Iconic Designs of Fabergé, A Motley Crew of Monarchs and Other Russian Highlights, How a Young Russian Woman Revolutionised Fabergé's Designs, Three Works from the Family of Savely Sorine, Sotheby's Flagship Russian Week Sales of Pictures and Works of Art Move Online for the First Time, Russian Art at Sotheby’s | Auction Results, Enter the World of the Ribes Collection, The Essence of French Elegance, A Closer Look at Ivan Kliun's 'Spherical Suprematism'. Some items can be large and/or heavy and can be dangerous if mishandled. So, you should treat the estimates do not include the buyer ’ s premium pre-sale... No VAT symbol ( see ‘ property sold with a ‡ or a Ω symbol all packing and charges..., Gorki-2 settlement has been guaranteed a minimum price from one auction a... But average between 50 and 120 lots per hour guide for prospective buyers are advised to the. 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