AUCTION TITLE/PREVIEW DATES

SOUTH ASIAN MODERN + CONTEMPORARY ART
 

THURSDAY 25 MAY 2017

AUCTION

Thursday 25 May 2017

at 2.00 pm (lots 1-69)

8 King Street

St. James’s London SW1Y 6QT

VIEWING

Saturday 20 May 12.00 pm - 5.00 pm

Sunday 21 May 12.00 pm - 5.00 pm

Monday 22 May 9.00 am - 4.30 pm

Tuesday 23 May 9.00 am - 6.00 pm

Wednesday 24 May 9.00 am - 4.30 pm

AUCTIONEER

William Robinson

AUCTION CODE AND NUMBER

In sending absentee bids or making

enquiries, this sale should be referred

to as ANDRE ANTONY-13841
 

AUCTION RESULTS

UK: +44 (0)20 7839 9060

christies.com

CONDITIONS OF SALE

This auction is subject to

Important Notices,

Conditions of Sale

and to reserves.

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SPECIALISTS & SERVICES

SPECIALISTS AND SERVICES FOR THIS AUCTION

SPECIALISTS

LONDON

Damian Vesey

Head of Sale

dvesey@christies.com

Rukmani Kumari Rathore

Cataloguer

rrathore@christies.com

NEW YORK

Deepanjana Klein

International Head of Department

dklein@christies.com

Salomé Zelic

Junior Specialist

szelic@christies.com

MUMBAI

Sonal Singh

Specialist Head, India

ssingh@christies.com

Nishad Avari

Specialist

navari@christies.com

SALE COORDINATORS

LONDON

Alicia Churchward

achurchward@christies.com

Tel: +44 (0)20 3219 6045

NEW YORK

Anita Mehta

Senior International Adminstrator

amehta@christies.com

Tel: +1 212 636 2190

MUMBAI

Umah Jacob

ujacob@christies.com

Tel: +91 22 2280 7905 

SERVICES
 

ABSENTEE BIDS

Tel: +44 (0)20 7389 2658

Fax: +44 (0)20 7930 8870

AUCTION RESULTS

Tel: +44 (0)20 7839 9060

christies.com

CLIENT SERVICES

Tel: +44 (0)20 7839 9060

Fax: +44 (0)20 7389 2869

Email : info@christies.com

POST-SALE SERVICES

Tereza Hlavackova

Post-Sale Coordinator

Payment, shipping and collection

Tel: +44 (0)20 7752 3200

Fax: +44 (0)20 7752 3300

PostSaleUK@christies.com

BUYING AT CHRISTIE’S

For an overview of the process,

see the Buying at Christie’s section. 

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IMPORTANT NOTICES

IMPORTANT NOTICES 

CHRISTIE’S INTEREST IN PROPERTY

CONSIGNED FOR AUCTION

Δ Property Owned in part or in full by Christie’s

From time to time, Christie’s may offer a lot which it

owns in whole or in part. Such property is identified in the

catalogue with the symbol Δ next to its lot number.

º Minimum Price Guarantees

On occasion, Christie’s has a direct financial interest in

the outcome of the sale of certain lots consigned for sale.

This will usually be where it has guaranteed to the Seller

that whatever the outcome of the auction, the Seller will

receive a minimum sale price for the work. This is known

as a minimum price guarantee. Where Christie’s holds

such financial interest we identify such lots with the

symbol º next to the lot number.

º♦ Third Party Guarantees/Irrevocable bids

Where Christie’s has provided a Minimum Price Guarantee

it is at risk of making a loss, which can be significant, if the

lot fails to sell. Christie’s therefore sometimes chooses to

share that risk with a third party. In such cases the third

party agrees prior to the auction to place an irrevocable

written bid on the lot. The third party is therefore

committed to bidding on the lot and, even if there are no

other bids, buying the lot at the level of the written bid

unless there are any higher bids. In doing so, the third party

takes on all or part of the risk of the lot not being sold. If

the lot is not sold, the third party may incur a loss. Lots

which are subject to a third party guarantee arrangement

are identified in the catalogue with the symbol º♦.

In most cases, Christie’s compensates the third party in

exchange for accepting this risk. Where the third party

is the successful bidder, the third party’s remuneration

is based on a fixed financing fee. If the third party is not

the successful bidder, the remuneration may either be

based on a fixed fee or an amount calculated against the

final hammer price. The third party may also bid for the

lot above the written bid. Where the third party is the

successful bidder, Christie’s will report the final purchase

price net of the fixed financing fee.

Third party guarantors are required by us to disclose to

anyone they are advising their financial interest in any lots

they are guaranteeing. However, for the avoidance of any

doubt, if you are advised by or bidding through an agent on a

lot identified as being subject to a third party guarantee you

should always ask your agent to confirm whether or not he or

she has a financial interest in relation to the lot.

Other Arrangements

Christie’s may enter into other arrangements not involving

bids. These include arrangements where Christie’s has

given the Seller an Advance on the proceeds of sale of the

lot or where Christie’s has shared the risk of a guarantee

with a partner without the partner being required to place

an irrevocable written bid or otherwise participating in

the bidding on the lot. Because such arrangements are

unrelated to the bidding process they are not marked with

a symbol in the catalogue.

Bidding by parties with an interest

In any case where a party has a financial interest in a

lot and intends to bid on it we will make a saleroom

announcement to ensure that all bidders are aware

of this. Such financial interests can include where

beneficiaries of an Estate have reserved the right to bid on

a lot consigned by the Estate or where a partner in a risksharing

arrangement has reserved the right to bid on a lot

and/or notified us of their intention to bid.

Please see http://www.christies.com/ financial-interest/ for

a more detailed explanation of minimum price guarantees

and third party financing arrangements.

Where Christie’s has an ownership or financial interest in

every lot in the catalogue, Christie’s will not designate each

lot with a symbol, but will state its interest in the front of

the catalogue.

POST 1950 FURNITURE

All items of post-1950 furniture included in this sale

are items either not originally supplied for use in a

private home or now offered solely as works of art.

These items may not comply with the provisions of the

Furniture and Furnishings (Fire) (Safety) Regulations

1988 (as amended in 1989 and 1993, the ‘Regulations’).

Accordingly, these items should not be used as furniture

in your home in their current condition. If you do intend

to use such items for this purpose, you must first ensure

that they are reupholstered, restuffed and/or recovered

(as appropriate) in order that they comply with the

provisions of the Regulations.

FOR PICTURES, DRAWINGS, PRINTS

AND MINIATURES

Terms used in this catalogue have the meanings

ascribed to them below. Please note that all statements

in this catalogue as to authorship are made subject to

the provisions of the Conditions of Sale and Limited

Warranty. Buyers are advised to inspect the property

themselves. Written condition reports are usually available

on request.

Name(s) or Recognised Designation of an Artist

without any Qualification

In Christie’s opinion a work by the artist.

*“Attributed to …”

In Christie’s qualified opinion probably a work by the

artist in whole or in part.

*“Studio of …”/“Workshop of …”

In Christie’s qualified opinion a work executed in the

studio or workshop of the artist, possibly under his

supervision.

*“Circle of …”

In Christie’s qualified opinion a work of the period of the

artist and showing his influence.

*“Follower of …”

In Christie’s qualified opinion a work executed in the

artist’s style but not necessarily by a pupil.

*“Manner of …”

In Christie’s qualified opinion a work executed in the

artist’s style but of a later date.

*“After …”

In Christie’s qualified opinion a copy (of any date) of a

work of the artist.

“Signed …”/“Dated …”/

“Inscribed …”

In Christie’s qualified opinion the work has been signed/

dated/inscribed by the artist.

“With signature …”/“With date …”/

“With inscription …”

In Christie’s qualified opinion the signature/

date/inscription appears to be by a hand other than that

of the artist.

The date given for Old Master, Modern and

Contemporary Prints is the date (or approximate date

when prefixed with ‘circa’) on which the matrix was

worked and not necessarily the date when the impression

was printed or published.

*This term and its definition in this Explanation of

Cataloguing Practice are a qualified statement as to

authorship. While the use of this term is based upon

careful study and represents the opinion of specialists,

Christie’s and the consignor assume no risk, liability and

responsibility for the authenticity of authorship of any lot

in this catalogue described by this term, and the Limited

Warranty shall not be available with respect to lots

described using this term.

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CONDITIONS OF SALE

CONDITIONS OF SALE • BUYING AT CHRISTIE’S

CONDITIONS OF SALE

These Conditions of Sale and the Important Notices and Explanation

of Cataloguing Practice set out the terms on which we offer the lots

listed in this catalogue for sale. By registering to bid and/or by bidding

at auction you agree to these terms, so you should read them carefully

before doing so. You will find a glossary at the end explaining the

meaning of the words and expressions coloured in bold.

Unless we own a lot (Δ symbol, Christie’s acts as agent for the seller.

A BEFORE THE SALE

1 DESCRIPTION OF LOTS

(a) Certain words used in the catalogue description have special

meanings. You can find details of these on the page headed

‘Important Notices and Explanation of Cataloguing Practice’ which

forms part of these terms. You can find a key to the Symbols found

next to certain catalogue entries under the section of the catalogue

called ‘Symbols Used in this Catalogue’.

(b) Our description of any lot in the catalogue, any condition report

and any other statement made by us (whether orally or in writing)

about any lot, including about its nature or condition, artist, period,

materials, approximate dimensions or provenance are our opinion

and not to be relied upon as a statement of fact. We do not carry out

in-depth research of the sort carried out by professional historians

and scholars. All dimensions and weights are approximate only.

2 OUR RESPONSIBILITY FOR OUR DESCRIPTION OF LOTS

We do not provide any guarantee in relation to the nature of a lot

apart from our authenticity warranty contained in paragraph E2

and to the extent provided in paragraph I below.

3 CONDITION

(a) The condition of lots sold in our auctions can vary widely due to

factors such as age, previous damage, restoration, repair and wear and

tear. Their nature means that they will rarely be in perfect condition.

Lots are sold ‘as is’, in the condition they are in at the time of the sale,

without any representation or warranty or assumption of liability of any

kind as to condition by Christie’s or by the seller.

(b) Any reference to condition in a catalogue entry or in a condition

report will not amount to a full description of condition, and images

may not show a lot clearly. Colours and shades may look different in

print or on screen to how they look on physical inspection. Condition

reports may be available to help you evaluate the condition of a lot.

Condition reports are provided free of charge as a convenience

to our buyers and are for guidance only. They offer our opinion

but they may not refer to all faults, inherent defects, restoration,

alteration or adaptation because our staff are not professional

restorers or conservators. For that reason they are not an alternative

to examining a lot in person or taking your own professional advice.

It is your responsibility to ensure that you have requested, received

and considered any condition report.

4 VIEWING LOTS PRE-AUCTION

(a) If you are planning to bid on a lot, you should inspect it personally

or through a knowledgeable representative before you make a bid

to make sure that you accept the description and its condition.

We recommend you get your own advice from a restorer or other

professional adviser.

(b) Pre-auction viewings are open to the public free of charge. Our

specialists may be available to answer questions at pre-auction

viewings or by appointment.

5 ESTIMATES

Estimates are based on the condition, rarity, quality and provenance

of the lots and on prices recently paid at auction for similar property.

Estimates can change. Neither you, nor anyone else, may rely on any

estimates as a prediction or guarantee of the actual selling price of

a lot or its value for any other purpose. Estimates do not include the

buyer’s premium or any applicable taxes.

6 WITHDRAWAL

Christie’s may, at its option, withdraw any lot at any time prior to

or during the sale of the lot. Christie’s has no liability to you for any

decision to withdraw.

7 JEWELLERY

(a) Coloured gemstones (such as rubies, sapphires and emeralds)

may have been treated to improve their look, through methods such

as heating and oiling. These methods are accepted by the international

jewellery trade but may make the gemstone less strong

and/or require special care over time.

(b) All types of gemstones may have been improved by some

method. You may request a gemmological report for any item

which does not have a report if the request is made to us at least

three weeks before the date of the auction and you pay the fee for

the report.

(c) We do not obtain a gemmological report for every gemstone

sold in our auctions. Where we do get gemmological reports from

internationally accepted gemmological laboratories, such reports will

be described in the catalogue. Reports from American gemmological

laboratories will describe any improvement or treatment to the

gemstone. Reports from European gemmological laboratories will

describe any improvement or treatment only if we request that

they do so, but will confirm when no improvement or treatment has

been made. Because of differences in approach and technology,

laboratories may not agree whether a particular gemstone has been

treated, the amount of treatment or whether treatment is permanent.

The gemmological laboratories will only report on the improvements

or treatments known to the laboratories at the date of the report.

(d) For jewellery sales, estimates are based on the information in

any gemmological report or, if no report is available, assume that the

gemstones may have been treated or enhanced.

8 WATCHES & CLOCKS

(a) Almost all clocks and watches are repaired in their lifetime

and may include parts which are not original. We do not give a

warranty that any individual component part of any watch or clock

is authentic. Watchbands described as ‘associated’ are not part of

the original watch and may not be authentic. Clocks may be sold

without pendulums, weights or keys.

(b) As collectors’ watches and clocks often have very fine and

complex mechanisms, a general service, change of battery or further

repair work may be necessary, for which you are responsible. We do

not give a warranty that any watch or clock is in good working order.

Certificates are not available unless described in the catalogue.

(c) Most watches have been opened to find out the type and quality

of movement. For that reason, watches with water resistant cases

may not be waterproof and we recommend you have them checked

by a competent watchmaker before use.

Important information about the sale, transport and shipping of

watches and watchbands can be found in paragraph H2(g).

B REGISTERING TO BID

1 NEW BIDDERS

(a) If this is your first time bidding at Christie’s or you are a returning

bidder who has not bought anything from any of our salerooms

within the last two years you must register at least 48 hours before

an auction to give us enough time to process and approve your

registration. We may, at our option, decline to permit you to register

as a bidder. You will be asked for the following:

(i) for individuals: Photo identification (driving licence, national

identity card or passport) and, if not shown on the ID document,

proof of your current address (for example, a current utility bill or

bank statement).

(ii) for corporate clients: Your Certificate of Incorporation or equivalent

document(s) showing your name and registered address together

with documentary proof of directors and beneficial owners; and

(iii) for trusts, partnerships, offshore companies and other business

structures, please contact us in advance to discuss our requirements.

(b) We may also ask you to give us a financial reference and/or a

deposit as a condition of allowing you to bid. For help, please contact

our Credit Department on +44 (0)20 7839 9060.

2 RETURNING BIDDERS

We may at our option ask you for current identification as described

in paragraph B1(a) above, a financial reference or a deposit as a

condition of allowing you to bid. If you have not bought anything

from any of our salerooms in the last two years or if you want to

spend more than on previous occasions, please contact our Credit

Department on +44 (0)20 7839 9060.

3 IF YOU FAIL TO PROVIDE THE RIGHT DOCUMENTS

If in our opinion you do not satisfy our bidder identification and

registration procedures including, but not limited to completing any

anti-money laundering and/or anti-terrorism financing checks we

may require to our satisfaction, we may refuse to register you to bid,

and if you make a successful bid, we may cancel the contract for sale

between you and the seller.

4 BIDDING ON BEHALF OF ANOTHER PERSON

(a) As authorised bidder. If you are bidding on behalf of another

person, that person will need to complete the registration

requirements above before you can bid, and supply a signed letter

authorising you to bid for him/her.

(b) As agent for an undisclosed principal: If you are bidding as an

agent for an undisclosed principal (the ultimate buyer(s)), you accept

personal liability to pay the purchase price and all other sums due.

Further, you warrant that:

(i) you have conducted appropriate customer due diligence on

the ultimate buyer(s) of the lot(s) in accordance with any and all

applicable anti-money laundering and sanctions laws, consent to us

relying on this due diligence, and you will retain for a period of not

less than five years the documentation and records evidencing the

due diligence;

(ii) you will make such documentation and records evidencing your

due diligence promptly available for immediate inspection by an

independent third-party auditor upon our written request to do so.

We will not disclose such documentation and records to any thirdparties

unless (1) it is already in the public domain, (2) it is required

to be disclosed by law, or (3) it is in accordance with anti-money

laundering laws;

(iii) the arrangements between you and the ultimate buyer(s) are not

designed to facilitate tax crimes;

(iv) you do not know, and have no reason to suspect, that the funds

used for settlement are connected with, the proceeds of any criminal

activity or that the ultimate buyer(s) are under investigation, charged

with or convicted of money laundering, terrorist activities or other

money laundering predicate crimes.

A bidder accepts personal liability to pay the purchase price and all

other sums due unless it has been agreed in writing with Christie’s

before commencement of the auction that the bidder is acting as an

agent on behalf of a named third party acceptable to Christie’s and

that Christie’s will only seek payment from the named third party.

5 BIDDING IN PERSON

If you wish to bid in the saleroom you must register for a numbered

bidding paddle at least 30 minutes before the auction. You may

register online at www.christies.com or in person. For help, please

contact the Credit Department on +44 (0)20 7839 9060.

6 BIDDING SERVICES

The bidding services described below are a free service offered as a

convenience to our clients and Christie’s is not responsible for any

error (human or otherwise), omission or breakdown in providing

these services.

(a) Phone Bids

Your request for this service must be made no later than 24 hours

prior to the auction. We will accept bids by telephone for lots only

if our staff are available to take the bids. If you need to bid in a

language other than in English, you must arrange this well before the

auction. We may record telephone bids. By bidding on the telephone,

you are agreeing to us recording your conversations. You also agree

that your telephone bids are governed by these Conditions of Sale.

(b) Internet Bids on Christie’s Live™

For certain auctions we will accept bids over the Internet. Please visit

www.christies.com/livebidding and click on the ‘Bid Live’ icon to

see details of how to watch, hear and bid at the auction from your

computer. As well as these Conditions of Sale, internet bids are

governed by the Christie’s LIVE™ terms of use which are available

on www.christies.com.

(c) Written Bids

You can find a Written Bid Form at the back of our catalogues, at any

Christie’s office or by choosing the sale and viewing the lots online

at www.christies.com. We must receive your completed Written

Bid Form at least 24 hours before the auction. Bids must be placed

in the currency of the saleroom. The auctioneer will take reasonable

steps to carry out written bids at the lowest possible price, taking

into account the reserve. If you make a written bid on a lot which

does not have a reserve and there is no higher bid than yours, we will

bid on your behalf at around 50% of the low estimate or, if lower, the

amount of your bid. If we receive written bids on a lot for identical

amounts, and at the auction these are the highest bids on the lot,

we will sell the lot to the bidder whose written bid we received first.

C AT THE SALE

1 WHO CAN ENTER THE AUCTION

We may, at our option, refuse admission to our premises or decline

to permit participation in any auction or to reject any bid.

2 RESERVES

Unless otherwise indicated, all lots are subject to a reserve. We identify

lots that are offered without reserve with the symbol • next to the

lot number. The reserve cannot be more than the lot’s low estimate.

3 AUCTIONEER’S DISCRETION

The auctioneer can at his sole option:

(a) refuse any bid;

(b) move the bidding backwards or forwards in any way he or she

may decide, or change the order of the lots;

(c) withdraw any lot;

(d) divide any lot or combine any two or more lots;

(e) reopen or continue the bidding even after the hammer has fallen;

and

(f) in the case of error or dispute and whether during or after the

auction, to continue the bidding, determine the successful bidder,

cancel the sale of the lot, or reoffer and resell any lot. If any dispute

relating to bidding arises during or after the auction, the auctioneer’s

decision in exercise of this option is final.

4 BIDDING

The auctioneer accepts bids from:

(a) bidders in the saleroom;

(b) telephone bidders, and internet bidders through ‘Christie’s LIVE™

(as shown above in Section B6); and

(c) written bids (also known as absentee bids or commission bids)

left with us by a bidder before the auction.

5 BIDDING ON BEHALF OF THE SELLER

The auctioneer may, at his or her sole option, bid on behalf of the

seller up to but not including the amount of the reserve either by

making consecutive bids or by making bids in response to other

bidders. The auctioneer will not identify these as bids made on

behalf of the seller and will not make any bid on behalf of the seller

at or above the reserve. If lots are offered without reserve, the

auctioneer will generally decide to open the bidding at 50% of the

low estimate for the lot. If no bid is made at that level, the auctioneer

may decide to go backwards at his or her sole option until a bid is

made, and then continue up from that amount. In the event that

there are no bids on a lot, the auctioneer may deem such lot unsold.

6 BID INCREMENTS

Bidding generally starts below the low estimate and increases in

steps (bid increments). The auctioneer will decide at his or her sole

option where the bidding should start and the bid increments. The

usual bid increments are shown for guidance only on the Written Bid

Form at the back of this catalogue.

7 CURRENCY CONVERTER

The saleroom video screens (and Christies LIVETM) may show bids

in some other major currencies as well as sterling. Any conversion is

for guidance only and we cannot be bound by any rate of exchange

used. Christie’s is not responsible for any error (human or otherwise),

omission or breakdown in providing these services.

8 SUCCESSFUL BIDS

Unless the auctioneer decides to use his or her discretion as set out in

paragraph C3 above, when the auctioneer’s hammer strikes, we have

accepted the last bid. This means a contract for sale has been formed

between the seller and the successful bidder. We will issue an invoice

only to the registered bidder who made the successful bid. While we send

out invoices by post and/or email after the auction , we do not accept

responsibility for telling you whether or not your bid was successful. If you

have bid by written bid, you should contact us by telephone or in person as

soon as possible after the auction to get details of the outcome of your bid

to avoid having to pay unnecessary storage charges.

9 LOCAL BIDDING LAWS

You agree that when bidding in any of our sales that you will strictly

comply with all local laws and regulations in force at the time of the

sale for the relevant sale site.

D THE BUYER’S PREMIUM, TAXES AND ARTIST’S

RESALE ROYALTY

1 THE BUYER’S PREMIUM

In addition to the hammer price, the successful bidder agrees to

pay us a buyer’s premium on the hammer price of each lot sold.

On all lots we charge 25% of the hammer price up to and including

£100,000, 20% on that part of the hammer price over £100,000 and

up to and including £2,000,000, and 12% of that part of the hammer

price above £2,000,000.

2 TAXES

The successful bidder is responsible for any applicable tax including

any VAT, sales or compensating use tax or equivalent tax wherever

such taxes may arise on the hammer price and the buyer’s premium.

It is the buyer’s responsibility to ascertain and pay all taxes due. You

can find details of how VAT and VAT reclaims are dealt with on the

section of the catalogue headed ‘VAT Symbols and Explanation’. VAT

charges and refunds depend on the particular circumstances of the

buyer so this section, which is not exhaustive, should be used only as a

general guide. In all circumstances EU and UK law takes precedence.

If you have any questions about VAT, please contact Christie’s VAT

Department on +44 (0)20 7389 9060 (email: VAT_London@christies.

com, fax: +44 (0)20 3219 6076). Christie’s recommends you obtain

your own independent tax advice.

For lots Christie’s ships to the United States, a state sales or use tax

may be due on the hammer price, buyer’s premium and shipping

costs on the lot, regardless of the nationality or citizenship of the

purchaser. Christie’s is currently required to collect sales tax for lots

it ships to the state of New York. The applicable sales tax rate will be

determined based upon the state, county, or locale to which the lot

will be shipped. Successful bidders claiming an exemption from sales

tax must provide appropriate documentation to Christie’s prior to the

release of the lot. For shipments to those states for which Christie’s is

not required to collect sales tax, a successful bidder may be required to

remit use tax to that state’s taxing authorities. Christie’s recommends

you obtain your own independent tax advice with further questions.

3 ARTIST’S RESALE ROYALTY

In certain countries, local laws entitle the artist or the artist’s estate

to a royalty known as ‘artist’s resale right’ when any lot created by

the artist is sold. We identify these lots with the symbol λ next to

the lot number. If these laws apply to a lot, you must pay us an

extra amount equal to the royalty. We will pay the royalty to the

appropriate authority on the seller’s behalf.

The artist’s resale royalty applies if the hammer price of the lot is

1,000 euro or more. The total royalty for any lot cannot be more than

12,500 euro. We work out the amount owed as follows:

Royalty for the portion of the hammer price

(in euros)

4% up to 50,000

3% between 50,000.01 and 200,000

1% between 200,000.01 and 350,000

0.50% between 350,000.01 and 500,000

over 500,000, the lower of 0.25% and 12,500 euro.

We will work out the artist’s resale royalty using the euro to sterling rate

of exchange of the European Central Bank on the day of the auction.

E WARRANTIES

1 SELLER’S WARRANTIES

For each lot, the seller gives a warranty that the seller:

(a) is the owner of the lot or a joint owner of the lot acting with the

permission of the other co-owners or, if the seller is not the owner or

a joint owner of the lot, has the permission of the owner to sell the

lot, or the right to do so in law; and

(b) has the right to transfer ownership of the lot to the buyer without

any restrictions or claims by anyone else.

If either of the above warranties are incorrect, the seller shall not

have to pay more than the purchase price (as defined in paragraph

F1(a) below) paid by you to us. The seller will not be responsible to

you for any reason for loss of profits or business, expected savings,

loss of opportunity or interest, costs, damages, other damages or

expenses. The seller gives no warranty in relation to any lot other

than as set out above and, as far as the seller is allowed by law, all

warranties from the seller to you, and all other obligations upon the

seller which may be added to this agreement by law, are excluded.

2 OUR AUTHENTICITY WARRANTY

We warrant, subject to the terms below, that the lots in our sales

are authentic (our ‘authenticity warranty’). If, within five years of

the date of the auction, you satisfy us that your lot is not authentic,

subject to the terms below, we will refund the purchase price paid

by you. The meaning of authentic can be found in the glossary at

the end of these Conditions of Sale. The terms of the authenticity

warranty are as follows:

(a) It will be honoured for a period of five years from the date of

the auction. After such time, we will not be obligated to honour the

authenticity warranty.

(b) It is given only for information shown in UPPERCASE type in the

first line of the catalogue description (the ‘Heading’). It does not

apply to any information other than in the Heading even if shown

in UPPERCASE type.

(c) The authenticity warranty does not apply to any Heading or part of

a Heading which is qualified. Qualified means limited by a clarification

in a lot’s catalogue description or by the use in a Heading of one of the

terms listed in the section titled Qualified Headings on the page of the

catalogue headed ‘Important Notices and Explanation of Cataloguing

Practice’. For example, use of the term ‘ATTRIBUTED TO…’ in a

Heading means that the lot is in Christie’s opinion probably a work by

the named artist but no warranty is provided that the lot is the work of

the named artist. Please read the full list of Qualified Headings and a

lot’s full catalogue description before bidding.

(d) The authenticity warranty applies to the Heading as amended

by any Saleroom Notice.

(e) The authenticity warranty does not apply where scholarship

has developed since the auction leading to a change in generally

accepted opinion. Further, it does not apply if the Heading either

matched the generally accepted opinion of experts at the date of the

sale or drew attention to any conflict of opinion.

(f) The authenticity warranty does not apply if the lot can only be

shown not to be authentic by a scientific process which, on the date

we published the catalogue, was not available or generally accepted

for use, or which was unreasonably expensive or impractical, or

which was likely to have damaged the lot.

(g) The benefit of the authenticity warranty is only available to the

original buyer shown on the invoice for the lot issued at the time of

the sale and only if the original buyer has owned the lot continuously

between the date of the auction and the date of claim. It may not be

transferred to anyone else.

(h) In order to claim under the authenticity warranty you must:

(i) give us written details, including full supporting evidence, of any

claim within five years of the date of the auction;

(ii) at Christie’s option, we may require you to provide the written

opinions of two recognised experts in the field of the lot mutually

agreed by you and us in advance confirming that the lot is not

authentic. If we have any doubts, we reserve the right to obtain

additional opinions at our expense; and

(iii) return the lot at your expense to the saleroom from which you

bought it in the condition it was in at the time of sale.

(i) Your only right under this authenticity warranty is to cancel the

sale and receive a refund of the purchase price paid by you to us.

We will not, in any circumstances, be required to pay you more than

the purchase price nor will we be liable for any loss of profits or

business, loss of opportunity or value, expected savings or interest,

costs, damages, other damages or expenses.

(j) Books. Where the lot is a book, we give an additional warranty

for 14 days from the date of the sale that if on collation any lot is

defective in text or illustration, we will refund your purchase price,

subject to the following terms:

(a) This additional warranty does not apply to:

(i) the absence of blanks, half titles, tissue guards or advertisements,

damage in respect of bindings, stains, spotting, marginal tears or other

defects not affecting completeness of the text or illustration;

(ii) drawings, autographs, letters or manuscripts, signed photographs,

music, atlases, maps or periodicals;

(iii) books not identified by title;

(iv) lots sold without a printed estimate;

(v) books which are described in the catalogue as sold not subject

to return; or

(vi) defects stated in any condition report or announced at the

time of sale.

(b) To make a claim under this paragraph you must give written

details of the defect and return the lot to the sale room at which you

bought it in the same condition as at the time of sale, within 14 days

of the date of the sale.

(k) South East Asian Modern and Contemporary Art and Chinese

Calligraphy and Painting.

In these categories, the authenticity warranty does not apply

because current scholarship does not permit the making of definitive

statements. Christie’s does, however, agree to cancel a sale in either

of these two categories of art where it has been proven the lot is a

forgery. Christie’s will refund to the original buyer the purchase price

in accordance with the terms of Christie’s authenticity warranty,

provided that the original buyer notifies us with full supporting

evidence documenting the forgery claim within twelve (12) months

of the date of the auction. Such evidence must be satisfactory to us

that the lot is a forgery in accordance with paragraph E2(h)(ii) above

and the lot must be returned to us in accordance with E2h(iii) above.

Paragraphs E2(b), (c), (d), (e), (f) and (g) and (i) also apply to a claim

under these categories.

F PAYMENT

1 HOW TO PAY

(a) Immediately following the auction, you must pay the purchase

price being:

(i) the hammer price; and

(ii) the buyer’s premium; and

(iii) any amounts due under section D3 above; and

(iv) any duties, goods, sales, use, compensating or service tax or VAT.

Payment is due no later than by the end of the seventh calendar day

following the date of the auction (the ‘due date’).

(b) We will only accept payment from the registered bidder. Once

issued, we cannot change the buyer’s name on an invoice or re-issue

the invoice in a different name. You must pay immediately even if

you want to export the lot and you need an export licence.

(c) You must pay for lots bought at Christie’s in the United Kingdom

in the currency stated on the invoice in one of the following ways:

(i) Wire transfer

You must make payments to:

Lloyds Bank Plc, City Office, PO Box 217, 72 Lombard Street, London

EC3P 3BT. Account number: 00172710, sort code: 30-00-02 Swift

code: LOYDGB2LCTY. IBAN (international bank account number):

GB81 LOYD 3000 0200 1727 10.

(ii) Credit Card.

We accept most major credit cards subject to certain conditions. To

make a ‘cardholder not present’ (CNP) payment, you must complete

a CNP authorisation form which you can get from our Cashiers

Department. You must send a completed CNP authorisation form

by fax to +44 (0)20 7389 2869 or by post to the address set out in

paragraph (d) below. If you want to make a CNP payment over the

telephone, you must call +44 (0)20 7839 9060. CNP payments cannot

be accepted by all salerooms and are subject to certain restrictions.

Details of the conditions and restrictions applicable to credit card

payments are available from our Cashiers Department, whose details

are set out in paragraph (d) below.

If you pay for your purchase using a credit card issued outside the

region of the sale, depending on the type of credit card and account

you hold, the payment may incur a cross-border transaction fee. If

you think this may apply to, you, please check with your credit card

issuer before making the payment. We reserve the right to charge you

any transaction or processing fees which we incur when processing

your payment.

Please note that for sales that permit online payment, certain

transactions will be ineligible for credit card payment.

(iii) Cash

We accept cash subject to a maximum of £5,000 per buyer per year

at our Cashier’s Department only (subject to conditions).

(iv) Banker’s draft

You must make these payable to Christie’s and there may be conditions.

(v) Cheque

You must make cheques payable to Christie’s. Cheques must be

from accounts in pounds sterling from a United Kingdom bank.

(d) You must quote the sale number, your invoice number and client

number when making a payment. All payments sent by post must be

sent to: Christie’s, Cashiers Department, 8 King Street, St James’s,

London SW1Y 6QT.

(e) For more information please contact our Cashiers Department by

phone on +44 (0)20 7839 9060 or fax on +44 (0)20 7389 2869.

2. TRANSFERRING OWNERSHIP TO YOU

You will not own the lot and ownership of the lot will not pass to you

until we have received full and clear payment of the purchase price,

even in circumstances where we have released the lot to the buyer.

3 TRANSFERRING RISK TO YOU

The risk in and responsibility for the lot will transfer to you from

whichever is the earlier of the following:

(a) When you collect the lot; or

(b) At the end of the 30th day following the date of the auction or, if

earlier, the date the lot is taken into care by a third party warehouse

as set out on the page headed ‘Storage and Collection’, unless we

have agreed otherwise with you in writing.

4 WHAT HAPPENS IF YOU DO NOT PAY

(a) If you fail to pay us the purchase price in full by the due date, we

will be entitled to do one or more of the following (as well as enforce

our rights under paragraph F5 and any other rights or remedies we

have by law):

(i) to charge interest from the due date at a rate of 5% a year above the

UK Lloyds Bank base rate from time to time on the unpaid amount due;

(ii) we can cancel the sale of the lot. If we do this, we may sell the lot

again, publicly or privately on such terms we shall think necessary or

appropriate, in which case you must pay us any shortfall between the

purchase price and the proceeds from the resale. You must also pay all

costs, expenses, losses, damages and legal fees we have to pay or may

suffer and any shortfall in the seller’s commission on the resale;

(iii) we can pay the seller an amount up to the net proceeds payable

in respect of the amount bid by your default in which case you

acknowledge and understand that Christie’s will have all of the

rights of the seller to pursue you for such amounts;

(iv) we can hold you legally responsible for the purchase price and

may begin legal proceedings to recover it together with other losses,

interest, legal fees and costs as far as we are allowed by law;

(v) we can take what you owe us from any amounts which we or

any company in the Christie’s Group may owe you (including any

deposit or other part-payment which you have paid to us);

(vi) we can, at our option, reveal your identity and contact details to

the seller;

(vii) we can reject at any future auction any bids made by or on

behalf of the buyer or to obtain a deposit from the buyer before

accepting any bids;

(viii) to exercise all the rights and remedies of a person holding

security over any property in our possession owned by you, whether

by way of pledge, security interest or in any other way as permitted

by the law of the place where such property is located. You will be

deemed to have granted such security to us and we may retain such

property as collateral security for your obligations to us; and

(ix) we can take any other action we see necessary or appropriate.

(b) If you owe money to us or to another Christie’s Group company,

we can use any amount you do pay, including any deposit or other

part-payment you have made to us, or which we owe you, to pay off

any amount you owe to us or another Christie’s Group company for

any transaction.

(c) If you make payment in full after the due date, and we choose

to accept such payment we may charge you storage and transport

costs from the date that is 30 calendar days following the auction

in accordance with paragraphs Gd(i) and (ii). In such circumstances

paragraph Gd(iv) shall apply.

5 KEEPING YOUR PROPERTY

If you owe money to us or to another Christie’s Group company,

as well as the rights set out in F4 above, we can use or deal

with any of your property we hold or which is held by another

Christie’s Group company in any way we are allowed to by law.

We will only release your property to you after you pay us or the

relevant Christie’s Group company in full for what you owe.

However, if we choose, we can also sell your property in any

way we think appropriate. We will use the proceeds of the sale

against any amounts you owe us and we will pay any amount left

from that sale to you. If there is a shortfall, you must pay us any

difference between the amount we have received from the sale

and the amount you owe us.

G COLLECTION AND STORAGE

(a) We ask that you collect purchased lots promptly following the

auction (but note that you may not collect any lot until you have

made full and clear payment of all amounts due to us).

(b) Information on collecting lots is set out on the storage and collection

page and on an information sheet which you can get from the bidder

registration staff or Christie’s cashiers on +44 (0)20 7839 9060.

(c) If you do not collect any lot promptly following the auction we

can, at our option, remove the lot to another Christie’s location or an

affiliate or third party warehouse.

(d) If you do not collect a lot by the end of the 30th day following the

date of the auction, unless otherwise agreed in writing:

(i) we will charge you storage costs from that date.

(ii) we can at our option move the lot to or within an affiliate or third

party warehouse and charge you transport costs and administration

fees for doing so.

(iii) we may sell the lot in any commercially reasonable way we

think appropriate.

(iv) the storage terms which can be found at christies.com/storage

shall apply.

(v) Nothing in this paragraph is intended to limit our rights under

paragraph F4.

H TRANSPORT AND SHIPPING

1 TRANSPORT AND SHIPPING

We will enclose a transport and shipping form with each invoice sent

to you. You must make all transport and shipping arrangements.

However, we can arrange to pack, transport and ship your property

if you ask us to and pay the costs of doing so. We recommend that

you ask us for an estimate, especially for any large items or items

of high value that need professional packing before you bid. We

may also suggest other handlers, packers, transporters or experts if

you ask us to do so. For more information, please contact Christie’s

Art Transport on +44 (0)20 7839 9060. See the information set

out at www.christies.com/shipping or contact us at arttransport_

london@christies.com. We will take reasonable care when we are

handling, packing, transporting and shipping a lot. However, if we

recommend another company for any of these purposes, we are not

responsible for their acts, failure to act or neglect.

2 EXPORT AND IMPORT

Any lot sold at auction may be affected by laws on exports from

the country in which it is sold and the import restrictions of other

countries. Many countries require a declaration of export for property

leaving the country and/or an import declaration on entry of property

into the country. Local laws may prevent you from importing a lot

or may prevent you selling a lot in the country you import it into.

(a) You alone are responsible for getting advice about and meeting

the requirements of any laws or regulations which apply to

exporting or importing any lot prior to bidding. If you are refused

a licence or there is a delay in getting one, you must still pay

us in full for the lot. We may be able to help you apply for the

appropriate licences if you ask us to and pay our fee for doing so.

However, we cannot guarantee that you will get one.

For more information, please contact Christie’s Art Transport

Department on +44 (0)20 7839 9060. See the information set out

at www.christies.com/shipping or contact us at arttransport_

london@christies.com.

(b) Lots made of protected species

Lots made of or including (regardless of the percentage) endangered

and other protected species of wildlife are marked with the symbol

~ in the catalogue. This material includes, among other things, ivory,

tortoiseshell, crocodile skin, rhino ceros horn, whalebone, certain

species of coral, and Brazilian rosewood. You should check the

relevant customs laws and regulations before bidding on any lot

containing wildlife material if you plan to import the lot into another

country. Several countries refuse to allow you to import property

containing these materials, and some other countries require a

licence from the relevant regulatory agencies in the countries of

exportation as well as importation. In some cases, the lot can only

be shipped with an independent scientific confirmation of species

and/or age and you will need to obtain these at your own cost. If a

lot contains elephant ivory, or any other wildlife material that could

be confused with elephant ivory (for example, mammoth ivory,

walrus ivory, helmeted hornbill ivory), please see further important

information in paragraph (c) if you are proposing to import the lot

into the USA. We will not be obliged to cancel your purchase and

refund the purchase price if your lot may not be exported, imported

or it is seized for any reason by a government authority. It is your

responsibility to determine and satisfy the requirements of any

applicable laws or regulations relating to the export or import of

property containing such protected or regulated material.

(c) US import ban on African elephant ivory

The USA prohibits the import of ivory from the African elephant.

Any lot containing elephant ivory or other wildlife material

that could be easily confused with elephant ivory (for example,

mammoth ivory, walrus ivory, helmeted hornbill ivory) can only

be imported into the US with results of a rigorous scientific test

acceptable to Fish & Wildlife, which confirms that the material is

not African elephant ivory. Where we have conducted such rigorous

scientific testing on a lot prior to sale, we will make this clear in the

lot description. In all other cases, we cannot confirm whether a lot

contains African elephant ivory, and you will buy that lot at your

own risk and be responsible for any scientific test or other reports

required for import into the USA at your own cost. If such scientific

test is inconclusive or confirms the material is from the African

elephant, we will not be obliged to cancel your purchase and refund

the purchase price.

(d) Lots of Iranian origin

Some countries prohibit or restrict the purchase and/or import of

Iranian-origin ‘works of conventional craftsmanship’ (works that are

not by a recognised artist and/or that have a function, for example:

bowls, ewers, tiles, ornamental boxes). For example, the USA prohibits

the import of this type of property and its purchase by US persons

(wherever located). Other countries, such as Canada, only permit the

import of this property in certain circumstances. As a convenience to

buyers, Christie’s indicates under the title of a lot if the lot originates

from Iran (Persia). It is your responsibility to ensure you do not bid on

or import a lot in contravention of the sanctions or trade embargoes

that apply to you.

(e) Gold

Gold of less than 18ct does not qualify in all countries as ‘gold’ and

may be refused import into those countries as ‘gold’.

(f) Jewellery over 50 years old

Under current laws, jewellery over 50 years old which is worth

£39,219 or more will require an export licence which we can apply

for on your behalf. It may take up to eight weeks to obtain the export

jewellery licence.

(g) Watches

(i) Many of the watches offered for sale in this catalogue are pictured

with straps made of endangered or protected animal materials such

as alligator or crocodile. These lots are marked with the symbol ~ in

the catalogue. These endangered species straps are shown for display

purposes only and are not for sale. Christie’s will remove and retain the

strap prior to shipment from the sale site. At some sale sites, Christie’s

may, at its discretion, make the displayed endangered species strap

available to the buyer of the lot free of charge if collected in person from

the sale site within one year of the date of the sale. Please check with

the department for details on a particular lot.

For all symbols and other markings referred to in paragraph H2,

please note that lots are marked as a convenience to you, but we do

not accept liability for errors or for failing to mark lots.

I OUR LIABILITY TO YOU

(a) We give no warranty in relation to any statement made, or

information given, by us or our representatives or employees, about

any lot other than as set out in the authenticity warranty and, as

far as we are allowed by law, all warranties and other terms which

may be added to this agreement by law are excluded. The seller’s

warranties contained in paragraph E1 are their own and we do not

have any liability to you in relation to those warranties.

(b) (i) We are not responsible to you for any reason (whether for

breaking this agreement or any other matter relating to your

purchase of, or bid for, any lot) other than in the event of fraud or

fraudulent misrepresentation by us or other than as expressly set out

in these Conditions of Sale; or

(ii) give any representation, warranty or guarantee or assume

any liability of any kind in respect of any lot with regard to

merchantability, fitness for a particular purpose, description, size,

quality, condition, attribution, authenticity, rarity, importance,

medium, provenance, exhibition history, literature, or historical

relevance. Except as required by local law, any warranty of any kind

is excluded by this paragraph.

(c) In particular, please be aware that our written and telephone

bidding services, Christie’s LIVE™, condition reports, currency

converter and saleroom video screens are free services and we are

not responsible to you for any error (human or otherwise), omission

or breakdown in these services.

(d) We have no responsibility to any person other than a buyer in

connection with the purchase of any lot.

(e) If, in spite of the terms in paragraphs (a) to (d) or E2(i) above, we

are found to be liable to you for any reason, we shall not have to

pay more than the purchase price paid by you to us. We will not be

responsible to you for any reason for loss of profits or business, loss

of opportunity or value, expected savings or interest, costs, damages,

or expenses.

J OTHER TERMS

1 OUR ABILITY TO CANCEL

In addition to the other rights of cancellation contained in this

agreement, we can cancel a sale of a lot if we reasonably believe

that completing the transaction is, or may be, unlawful or that the

sale places us or the seller under any liability to anyone else or may

damage our reputation.

2 RECORDINGS

We may videotape and record proceedings at any auction. We will

keep any personal information confidential, except to the extent

disclosure is required by law. However, we may, through this process,

use or share these recordings with another Christie’s Group company

and marketing partners to analyse our customers and to help us to

tailor our services for buyers. If you do not want to be videotaped, you

may make arrangements to make a telephone or written bid or bid on

Christie’s LIVE™ instead. Unless we agree otherwise in writing, you

may not videotape or record proceedings at any auction.

3 COPYRIGHT

We own the copyright in all images, illustrations and written material

produced by or for us relating to a lot (including the contents of our

catalogues unless otherwise noted in the catalogue). You cannot

use them without our prior written permission. We do not offer any

guarantee that you will gain any copyright or other reproduction

rights to the lot.

4 ENFORCING THIS AGREEMENT

If a court finds that any part of this agreement is not valid or is illegal

or impossible to enforce, that part of the agreement will be treated

as being deleted and the rest of this agreement will not be affected.

5 TRANSFERRING YOUR RIGHTS AND RESPONSIBILITIES

You may not grant a security over or transfer your rights or

responsibilities under these terms on the contract of sale with the

buyer unless we have given our written permission. This agreement

will be binding on your successors or estate and anyone who takes

over your rights and responsibilities.

6 TRANSLATIONS

If we have provided a translation of this agreement, we will use this

original version in deciding any issues or disputes which arise under

this agreement.

7 PERSONAL INFORMATION

We will hold and process your personal information and may pass it

to another Christie’s Group company for use as described in, and in

line with, our privacy policy at www.christies.com.

8 WAIVER

No failure or delay to exercise any right or remedy provided under

these Conditions of Sale shall constitute a waiver of that or any other

right or remedy, nor shall it prevent or restrict the further exercise of

that or any other right or remedy. No single or partial exercise of such

right or remedy shall prevent or restrict the further exercise of that or

any other right or remedy.

9 LAW AND DISPUTES

This agreement, and any non-contractual obligations arising out of

or in connection with this agreement, or any other rights you may

have relating to the purchase of a lot will be governed by the laws

of England and Wales. Before we or you start any court proceedings

(except in the limited circumstances where the dispute, controversy

or claim is related to proceedings brought by someone else and this

dispute could be joined to those proceedings), we agree we will each

try to settle the dispute by mediation following the Centre for Effective

Dispute Resolution (CEDR) Model Mediation Procedure. We will use a

mediator affiliated with CEDR who we and you agree to. If the dispute

is not settled by mediation, you agree for our benefit that the dispute

will be referred to and dealt with exclusively in the courts of England

and Wales. However, we will have the right to bring proceedings

against you in any other court.

10 REPORTING ON WWW.CHRISTIES.COM

Details of all lots sold by us, including catalogue descriptions

and prices, may be reported on www.christies.com. Sales totals

are hammer price plus buyer’s premium and do not reflect costs,

financing fees, or application of buyer’s or seller’s credits. We regret

that we cannot agree to requests to remove these details from www.

christies.com.

K GLOSSARY

authentic: a genuine example, rather than a copy or forgery of:

(i) the work of a particular artist, author or manufacturer, if the

lot is described in the Heading as the work of that artist, author or

manufacturer;

(ii) a work created within a particular period or culture, if the lot is

described in the Heading as a work created during that period or

culture;

(iii) a work for a particular origin source if the lot is described in the

Heading as being of that origin or source; or

(iv) in the case of gems, a work which is made of a particular

material, if the lot is described in the Heading as being made of

that material.

authenticity warranty: the guarantee we give in this agreement that

a lot is authentic as set out in section E2 of this agreement.

buyer’s premium: the charge the buyer pays us along with the

hammer price.

catalogue description: the description of a lot in the catalogue for

the auction, as amended by any saleroom notice.

Christie’s Group: Christie’s International Plc, its subsidiaries and

other companies within its corporate group.

condition: the physical condition of a lot.

due date: has the meaning given to it in paragraph F1(a).

estimate: the price range included in the catalogue or any saleroom

notice within which we believe a lot may sell. Low estimate means

the lower figure in the range and high estimate means the higher

figure. The mid estimate is the midpoint between the two.

hammer price: the amount of the highest bid the auctioneer accepts

for the sale of a lot.

Heading: has the meaning given to it in paragraph E2.

lot: an item to be offered at auction (or two or more items to be

offered at auction as a group).

other damages: any special, consequential, incidental or indirect

damages of any kind or any damages which fall within the meaning

of ‘special’, ‘incidental’ or ‘consequential’ under local law.

purchase price: has the meaning given to it in paragraph F1(a).

provenance: the ownership history of a lot.

qualified: has the meaning given to it in paragraph E2 and Qualified

Headings means the section headed Qualified Headings on the

page of the catalogue headed ‘Important Notices and Explanation

of Cataloguing Practice’.

reserve: the confidential amount below which we will not sell a lot.

saleroom notice: a written notice posted next to the lot in the

saleroom and on www.christies.com, which is also read to prospective

telephone bidders and notified to clients who have left commission

bids, or an announcement made by the auctioneer either at the

beginning of the sale, or before a particular lot is auctioned.

UPPER CASE type: means having all capital letters.

warranty: a statement or representation in which the person making

it guarantees that the facts set out in it are correct. 

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STORAGE AND COLLECTION