It should be noted that, for VAT purposes only, Sotheby’s is not usually treated as an agent and most property is sold as if it is the property of Sotheby’s. It is advisable to consult us nearer the time of sale as estimates can be subject to revision. (VAT-registered buyers from other EU countries may have the VAT cancelled or refunded if they provide Sotheby’s with their VAT registration number and evidence that the property has been removed from the UK within three months of the date of sale. www.christies.com. Please check with the specialist department if you are uncertain as to whether a lot is subject to these import restrictions, or any other restrictions on importation or exportation. Throughout 2019 Sotheby’s sales of Russian Works of Art showed continuous growth, with over a third of the buyers being new to the category in November. In both the June and November sales we outperformed our competitors in terms of sell-through rate and sold significantly more lots for over £100,000 than any of our competitors. These rates are exclusive of any applicable VAT. Dec 10, 2020. In the event such resale is for less than the Purchase Price and Buyer’s Expenses for that lot, the Buyer will remain liable for the shortfall together with all costs incurred in such resale; (i) commence legal proceedings to recover the Purchase Price and Buyer’s Expenses for that lot, together with interest and the costs of such proceedings on a full indemnity basis; or. 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). This season’s Russian Art sales at Sotheby’s taking place on 1-2 December will offer a rich selection of works from some of the most renowned creators of Russian art. (b) Title in a purchased lot will not pass until Sotheby’s has received the Purchase Price and Buyer’s Expenses for that lot in cleared funds. (e) None of this Condition 4 shall exclude or limit Sotheby’s liability in respect of any fraudulent misrepresentation made by Sotheby’s or the Seller, or in respect of death or personal injury caused by the negligent acts or omissions of Sotheby’s or the Seller. For information about registering to bid on eBay, please see www.ebay.com/sothebys. 10. It is not exhaustive and there are other restrictions. Exceptions to this procedure will be notified by auction room notice and announced at the time of the sale. If the quotation is accepted, we will arrange the shipping for you and will despatch the property as soon as possible after receiving your written agreement to the terms of the quotation, financial release of the property and receipt of any export licence or certificates that may be required. Highlights of the 19th century section include fresh-to-the-market works by Ivan Aivazovsky, Alexei Bogoliubov, Ivan Pokhitonov, and Fedor Bronnikov’s Hymn of the Pythagoreans to the Rising Sun which for many years was in the collection of the Gucci family in Italy. London, New Bond Street. In Russian Works of Art, Sotheby’s has shown continuous growth, with over a third of buyers in the November sale being newcomers to the department. (d) Information provided to Bidders in respect of any lot, including any estimate, whether written or oral and including information in any catalogue, condition or other report, commentary or valuation, is not a representation of fact but rather is a statement of opinion genuinely held by Sotheby’s. Pre-sale Estimates in US Dollars and Euros Although the sale is conducted in pounds sterling, the pre-sale estimates in some catalogues are also printed in US dollars and/or euros. • An EU Licence is necessary to export cultural goods subject to the EU Regulation on the export of cultural property (EEC No. Any symbols or notices in the sale catalogue reflect Sotheby’s reasonable opinion at the time of cataloguing and offer Bidders general guidance only. The illustrations for lots 92 and 94 have been transposed in the printed catalogue. If the purchase is to remain in LIABILITY FOR LOSS OR DAMAGE FOR PURCHASED LOTS. The estimates printed in the auction catalogue do not include the buyer’s premium or VAT. Removal, storage and handling charges may be levied on uncollected lots. GBP40-60k) at the preview for the upcoming sales of Russian artworks at Sotheby's New Bond Street. Some exceptions are listed below:-. All purchased lots marked in the catalogue with a W will be transferred from the saleroom to Sotheby’s Greenford Park Fine Art Storage Facility after 5 pm on the day of the sale. ‘Young Dreams (Tsesarvich)’ by Viktor Vasnetsov – estimated at £650,000 … was a dagger in the catalogue, although, subject to proof of export, no VAT will be charged on This amount will form part of the buyer’s premium on our invoice and will not be separately identified. If Sotheby’s sells an item which subsequently is shown to be a “counterfeit”, subject to the terms below Sotheby’s will set aside the sale and refund to the Buyer the total amount paid by the Buyer to Sotheby’s for the item, in the currency of the original sale. Architectural Masterwork. Buyer’s Premium A buyer’s premium will be added to the hammer price and is payable by the buyer as part of the total purchase price. Explore the highlights Read More. Sotheby’s will transfer all lots sold subject to Temporary Admission to its Customs warehouse immediately after sale. 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. Russian Silver in Roseberys Fine & Decorative Auction – 25 November – Online Only. Didenko. 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. For information about registering to bid via BIDnow, please refer to sothebys.com. London, 19 November 2019:Later this month Sotheby’s is set to offer works by some of the most pre-eminent creators of Russian art in its Russian Picturesand Works of Art, Fabergé and Iconssales on 26 November in London. 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